Term of use – Loans

Terms of Use

Welcome to the website of Loans Solution / CompareHub / Prets Quebec (6069321 Canada Inc) ("Loans Solution", "we", "us", "our") located at www.loansolution.ca (the "Website"). Please read these terms of use ("Terms of Use" or "Terms") carefully before using the Website and any services available through it (collectively, the "Services"). The Website is a copyrighted work belonging to 6069321 Canada Inc. Certain features of the Website may be subject to additional guidelines, terms, or rules, which will be posted on the Website in connection with those features. All such additional terms, guidelines, and rules are incorporated by reference into these Terms.

By accessing and using the Website and Services, including third-party matching, you agree to be bound by these Terms of Use, whether or not you have read them. If you do not agree with these Terms, your sole recourse is to immediately cease using the Website or Services.

These Terms of Use describe the legally binding terms and conditions between you and Loans Solution that govern your use of the Website and Services. By visiting the Website, you consent to comply with these Terms and represent that you have the authority and capacity to enter into these Terms. You must be at least 18 years old to access the Website. If you disagree with any provisions of these Terms, you must not access or use the Website.

You may download, save, and print a copy of these Terms of Use for your reference.

Eligibility: You represent and warrant that you are over the age of 18. We do not allow individuals under the age of 18 to use our Services. If you are a minor, please refrain from using our Services.

Loans Solution's Role in Providing the Services versus Role of Financing Organizations: It is important to understand our role in providing the Services. We are a technology platform designed to connect people with information on and comparisons of various types of financial products and services, such as personal loans, auto loans, and mortgages ("financial arrangements") from third-party financial institutions and organizations. We do not provide financing arrangements.

When the Services generate information about loans or other financial products or services, including approval criteria and interest rates ("Third-Party Services"), we act as an information organizer and aggregator. We do not generate any of the information about Third-Party Services; this information is provided by third parties (generally financial institutions). This information may be inaccurate or incomplete through no fault of ours (for example, because the financial institution has changed its interest rate but has not yet informed us). When this happens, your ability to use the Services may be compromised through no fault of ours, and we cannot accept any responsibility for any issues or damages arising in connection with such Third-Party Services.

The Website and the Services are not a substitute for actual legal, investment, or professional advice from a licensed individual in their field of expertise. The information and services offered on this Website are provided with the understanding that Loans Solution is not engaged in rendering legal or other professional services or advice. Your use of the Website is subject to additional disclaimers and caveats that may appear throughout the Website.

If you decide to conclude or obtain a Third-Party Service through the Website, you will be dealing with third-party financial institutions.

267 Niagara St, Toronto, ON M6J 2L7

Loan Solution, The Nation's First Loan Comparison Platform

Disclaimer: All loans are subject to credit and underwriting approval. Loansolution is a loan search platform and comparison website, not a lender. Loansolution only collaborates with financial service providers that adhere to Canadian laws and regulations. Loans range from $500-$50,000 with terms from 3 months to 60 Months or longer. APRs range from 6.99% to 46.96% and will depend on our partner’s assessment of your credit profile. For example, on a $500 loan paid monthly over 9 months, a person will pay $81.15 per month for a total of $730.35 over the course of the entire loan period. This amount includes our partner’s optional loan protection policy. In the event of a missed payment an insufficient funds fee of around 45$ may be charged (dependent on the lender). In the case of a default on your loan your payment plan will be terminated and different collection methods will be employed to collect your remaining balance. Outstanding debts will be pursued to the full extent of the law. Our lenders employ fair collection practices. Loansolution is not affiliated with Equifax Canada Co., its parent company, subsidiaries or its affiliates (collectively, “Equifax”). The content of this website is not reviewed nor approved by Equifax. Loansolution is an authorized reseller of the Equifax Risk Score, however, Equifax does not endorse, guarantee or recommend any of the products, services or content on this website. For information about Equifax, the Equifax Risk Score, and/or Equifax credit reports, please visit the official Equifax Canada Co. Website at https://www.consumer.equifax.ca/personal/. IP Geolocation by geoPlugin.