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Frequently Asked Questions

Symple Loans launched in January, 2018, in Australia and has since served the lending needs of thousands of Australians looking for better, faster and lower cost personal lending options. 

Symple Loans launched in Canada January 2021. At Symple, we are in the business of helping hard-working Canadians who would benefit the most from access to better, faster, and more affordable personal loan options.

A Personal loan is an amount you can borrow from a bank or other lenders to use for a variety of purposes including, consolidating your debts, improving your home, investing in your portfolio, purchasing a new vehicle, and more. This amount is a one-time installment that is repaid over several years, to help you achieve your financial goals faster.

Great Question! Personal loans through Symple add more financial flexibility to your lifestyle. Whether you are looking to pay off your credit card and high-interest debt, plan that once-in-a-lifetime vacation or update your dream kitchen, Symple Loans is here to help you achieve your goals. Your Symple loan can be used to help with;

  • Consolidating your debt
  • Decreasing high interest credit card payments
  •  Home renovations
  • Purchasing a new vehicle
  •  Investing in your portfolio
  •  Travel
  • School fees and tuition
  • Major purchases

If you meet the below requirements, you are eligible for a Symple Loan:
1. Be at least 18 years old
2. Be employed, earning over $50K annually
3. Be a Canadian Citizen or Permanent Resident
4. Residing in Canada (excl. NB, NS QC, SK)
5. Have no previous bankruptcies.

Personal loans are a great option for lowering credit card debt by consolidating outstanding amounts and reducing high-interest rates. With most credit cards averaging an interest rate of 22.99% or higher, Symple Loans offers a smarter way to get ahead of credit card debt starting at just 6.99%. Symple Loans allow you to pay off your debt faster, have lower monthly payments, and increase your chances of improving your credit score over time.

Whether you’re carrying a small or large balance, Symple Loans offers personalized credit card refinancing loans from $5,000 to $50,000 to help you take back control faster.

A Symple loan is the first step to getting ahead of your debt by decreasing your interest rates and lowering your monthly payments. Symple Loans provides the opportunity for you to pay off your debt with your transferred funds, or have us pay your creditors off directly, it’s that Symple! Whether you’re carrying a small or large balance, Symple Loans offers personalized refinancing loans from $5,000 to $50,000 to help you take back control faster.

At Symple, our application assessment and underwriting process allows us to better understand the specific circumstances of each applicant and offer customized interest rates and loan terms. Starting at just 6.99% our rates allow you to pay off your loan faster while paying less interest over your term. Origination fees may be applicable on your Symple loan and help us provide you with the best customer experience from the comfort of your home, while keeping your interest rates low. These fees are a one-time charge of 0-5% and are added to your loan principal which can be paid off over your loan term. Late payment fees of $45.00 will apply for missed or late scheduled repayments.

Yes. The beauty of acquiring a Symple loan is our flexible, no fee, early payment plan. You have several options to pay off your loan in partial or in full at any time by contacting our customer service team at [email protected] or call us directly at 1-888-479-2292.

Yes! Please contact our customer service team at [email protected] or call us directly at 1-888-479-2292 to change your loan payment date so you never have to miss a payment.

No! Symple Loan’s offers a no-obligation quick quote that includes a few simple questions to get your personalized rate. When you continue through your application and submit it in full, like any other loan your credit score may be impacted.

At Symple Loans, we pride ourselves on creating the most efficient and convenient experience for our consumers. Once you have accepted your loan terms by signing your contract, funds will be transferred by the next business day, it’s that Symple!

Absolutely! We use the most advanced technology and trusted partners to ensure the complete security of your information during your experience with us.