About

514 Loans, operating as 514loans and owned by Achilles Finance, is a Canadian loan-matching service based in Montreal. It does not lend money itself but matches applicants with a network of partner lenders, who then approve and fund the loans. The service accepts applications from individuals with bad credit, offering installment loans ranging from $300 to $3,000 with repayment periods of 90 to 120 days. Fees include a membership fee and potential NSF fees, with APRs between 22% and 32%. The company emphasizes privacy, using SSL encryption and HTTPS, and provides a clear process for application, approval, and fund disbursement. It also offers debt consolidation options and highlights its lower Annualized Borrowing Rate (ABR) compared to traditional payday loans, making it a more affordable short-term financial solution for Canadians.

Details

Areas served
Canada
Part of
Achilles Finance

Products & services in Montreal

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