NAB Solutions: Expert Guidance in Lending Choices
Simplifying Your Search for the Right Lender
Welcome to NAB Solutions! While we’re not a loan provider, we pride ourselves on being your dedicated guide in the world of lending. Our Lending Finder Program is specifically designed to navigate you through the myriad of lending options across Canada (excluding Quebec), ensuring you’re matched with the right lender based on your individual credit profile.
How Our Lending Finder Program Works
Our approach at NAB Solutions is different. We don’t issue loans; instead, we specialize in connecting you with the best lenders. Here’s what you can expect:
- Credit Score Analysis: Whether you’re building your credit through our program or already have a solid score, we start by understanding where you stand with your credit.
- Finding Your Match: Based on your credit status, we tap into our network to find lenders across Canada who are most likely to offer terms and rates suited to your profile.
- A Range of Options: We present you with diverse lending options, ensuring transparency and alignment with your financial needs.
Understanding Loan Types and Terms
Personal Loans
- Interest Rate: Expect a fixed rate around 34.99%.
- Usage: Ideal for a variety of personal financial needs.
Home Equity Loans
- Interest Rate: Your APR will be between 7,99% and 24.99% based on Credutworthiness at the time of the application for loan terms of 36-84 months. For example, if you get approved for a $15,000 loan at 12,99% APR for a term of 72 months, you’ll pay just $301 per month.
- Benefits: Tap into your home equity for more significant borrowing needs.
Responsible Repayment Planning
Our role extends to helping you understand repayment schedules, which includes optional Loan Protection Plans for a more secure financial future.
† Note: Final loan amounts, interest rates, and payments are subject to the lender’s approval.
Why Choose NAB Solutions?
As your lending advisors, not direct lenders, NAB Solutions is committed to offering unbiased, comprehensive guidance tailored to your financial scenario. We’re here to help you find suitable lenders, compare offers, and make informed decisions about your borrowing needs.
Disclaimer: NAB Solutions, located at 2700 685 Centre Street SW, Calgary, Alberta, T2G5P6, offers a range of financial solutions. Please note the following terms and conditions. Eligibility: All loans are subject to credit and underwriting approval. NAB Solutions acts as a facilitator, connecting borrowers with potential financial service providers. We are not a direct lender. Compliance: NAB Solutions partners exclusively with financial service providers that operate in strict accordance with Canadian laws and regulations. Loan Terms: Loan amounts offered by our partners range from $500 to $50,000, with varying repayment terms, spanning from 4 months to 60 months or more. Annual Percentage Rates (APRs): APRs for loans can range from 1.99% to 36%, based on an assessment of your credit profile by our partner lenders. Sample Calculation: As an illustration, if you borrow $500 and choose a 9-month repayment plan, your monthly installment would be $81.15. Over the entire loan term, you would pay a total of $730.35. This amount includes an optional loan protection policy offered by our partner. Missed Payment Fee: In the event of a missed payment, a fee of approximately $45 (dependent on the lender) may be charged by the lender. Default and Collections: If you default on your loan, your payment plan will be terminated, and our partner lenders may employ different collection methods to recover the remaining balance. Outstanding debts will be pursued within the confines of applicable laws. Fair Collection Practices: Our partner lenders adhere to fair collection practices and will treat borrowers with respect and fairness throughout the collection process.Please carefully review and understand these terms before proceeding with any financial arrangement through NAB Solutions. If you have any questions or concerns, don't hesitate to contact us for further clarification.