Our Second Look program now has lower interest rates – starting at 15.9% – for eligible customers! We have extended our set of non-prime lenders to include IndCom Leasing Group. IndCom is a group of experienced lenders who will be funding non-prime loans at interest rates ranging from 15.9% to 19.9%.
Within the Second Look program, loan applications under $5,000 will also be able to take advantage of QuickFund. This provides you with instant approvals without any requirement for proof of income.
Unlike other Second Look loans, there will be no Lender Review step for Indcom funded loans; helping the process run more smoothly. Once the loan application is approved, standard documentation and employment verification will apply. Similar to loans with our current Second Look partner, loans will be serviced directly by IndCom instead of CommunityLend. Any specific details and contact information will be provided during the loan application process. This addition to our Second Look program is currently available in all provinces except Quebec.