Mogo Finance Technology Inc. is a company in Canada that features many financial products for people who need a little help with their budgeting and finances. Check out this Mogo Loans review.

Besides the loans, Mogo offers trading options, card, mortgages, bitcoin, free identity fraud protection, free monthly credit score monitoring, and more.

And to be able to feature all those products, Mogo works with some partners. That’s how it can be the help you need in difficult times.

So, to find out more about this company and its products, check out this review article!  

Mogo offers a variety of financial products that include loans, investments, mortgages, and more.

In order to do so, this company has its own financial partners. Today, we are going to talk about loans!

If you don’t have an emergency fund or a reserve to cover unexpected costs, you might need to go after financial institutions to help you through difficult times.

However, this might cost you a lot. You should look for companies that offer competitive rates with flexible terms when you don’t have other alternatives.

And here, let me introduce to you Mogo.

It is way better to request a loan than carry a balance on your credit card, especially if you have a good credit type and history.

Through Mogo and its partners, you can borrow up to $35,000 for various personal reasons. The interest rates vary from 9.9% to 46.96%, and terms range from 9 months to 5 years.

The fees and total costs vary according to your financial history and depend on the lender agreement. 

You can apply for a loan through an online and user-friendly platform. It takes approximately 3 minutes. Also, you can count on a Product Specialist team.

Furthermore, Mogo offers free credit scores for 90 days through a Mogo Account. You can have a Mogo Card, as well, with identify fraud protection.

Besides the fact that this company offers a good amount of money with competitive rates and flexible terms, Mogo also features a grace period of 100 days for most loans. 

In addition, Mogo offers a pre-approval process that doesn’t affect your credit score. Also, since it reports to soma major credit bureaus, you can build your credit if you manage to pay your loan responsibly.

The company provides a great mobile app and other products so you can borrow money and track your situation fast and quickly enough to achieve financial freedom.

All credit scores are considered at Mogo. However, if you have a poor credit history, you should know that you won’t be able to get the best rates and fees.

If you are interested in requesting a loan to breathe, check out our next post on how to apply for it.