Sometimes all you need is someone to show you the way.
Our values
SIMPLE IS BEST
SHOW THE WAY
REACH FOR TOMMOROW
EVERYONE COUNTS
EVERYONE COUNTS
With over 2 million Canadians facing financial exclusion cosigning is not often utilized to increase access to credit. The underbanked are being left behind, forgotten and in some cases punished with higher fees or outright rejection of loans.
These rejection are often related to poor credit, poor credit history, or new credit. It’s a vicious circle, but one that we believe can be broken. What if we could help the underbanked access credit and reach for tomorrow by helping to rebuild their credit?
SHOW THE WAY
A traditional co-signer, often a friend or family member, legally agrees to be responsible if the borrower does not satisfy the terms of the loan. In addition to the financial burden, this can have a devastating effect on relationships, and it can be awkward and embarrassing to ask for a co-signer.
THE SIMPLE DIFFERENCE
CosignSimple can make a difference if you have been rejected or were approved for an amount lower than you require, regardless of your credit history or current financial situation. A CosignSimple loan provides lenders with the security required to grant you a loan with a simple process and no relationship risk.
THE SIMPLE SUMMARY
- Regardless of credit score we may be able to co-sign your loan
- CosignSimple assumes the remaining principal on your loan in the case of judgement due to default or bankruptcy
- If you fall behind on payments, your family or friends credit score stays the same
- One-time fee is paid when you get the loan with no other cost
