Progressa is built around paying past due bills at source. The funding methods it lists are direct pay by bill payment, cheque and direct deposit.
Progressa settles past due bills at source. The funding methods listed are bill payment, cheque and direct deposit, and repayment is taken by automatic debit on the pay period.
Amounts run $1,000 to $15,000 over six to 60 months at 19% to 35%.
Compare more options on the personal loans hub, or read about debt consolidation. Similar lenders: SkyCap Financial, Refresh Financial, Fig.
Products Offered
AMOUNT
$1,000 - $15,000
INTEREST RATE
19% – 35%
TERMS
6 – 60 Months
Personal Loan
Conditions & Rates
Interest rate 19% – 35% Amount $1,000 – $15,000 Term 6 – 60 MonthsEligibilty & Documents
Who is eligible- You must be a Canadian citizen
- At least 18 years old
- Earn over $1,500 net pay per month
- Have been with your employer for at least six months
- Proof of income
- Proof of Canadian residency
- 2 pieces of government issued photo ID (such as a Passport or Drivers License)
- 3 months worth of bank statements
- Pre-authorized Debit Form or Void Cheque
Repayment & Insurance
How fast can you get the money 48 hours Funding method Direct Pay via bill payment Cheque Direct deposit How does repayment work Automatic debits on pay periodContact information
Availability:
All of Canada except Quebec and Nova ScotiaSupport Offered:
- Web Chat
- Help Center/Blog
- Email Support
Call Center:
Mon-Fri – 7AM – 9PM EST<br> Saturday – 7AM – 7PM EST<br> Sunday – ClosedFrequently Asked Questions About Progressa
Does Progressa send the money to me or to my creditors?
Which provinces does Progressa lend in?
All of Canada except Quebec and Nova Scotia.
What documents does Progressa ask for?
Proof of income, proof of Canadian residency, and two pieces of government issued photo identification such as a passport or driver's licence.
How long do I need to have been with my employer?
Six months. Progressa lists employer tenure alongside net pay above $1,500 a month as an eligibility requirement.
How much can I borrow from Progressa and over what term?
$1,000 to $15,000, over six to sixty months, at 19% to 35%.
How fast does Progressa release funds?
Within 48 hours. Repayment is taken by automatic debit on your pay period.
Progressa Reviews
Avg. Rating: 5 (2 reviews)
Thank you for taking a chance on me
“Progressa helped me pay off my BMO MasterCard and rebuild my credit. No one else would help me but progressa tool a chance. Thank you for the opportunity, i wont let you down! ”
DanThank you
“I had some financial situation and all the other banks rejected my application. I almost declared bankruptcy but then I found Progressa. Thank you for saving my behind!!! ”
Soheil
