progressa

progressa

November 10, 2015 09:00 ET

New progressa™ Partnership Helps Canadians Improve Broken Credit

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Nov. 10, 2015) - progressa™ a Canadian online consumer instalment lender helping borrowers seeking to improve their financial health, and Centum Financial Group Inc., the leading mortgage brokerage network in Canada, today announced that progressa™ will offer their unsecured loans through Centums participating offices across Canada. Centums consumers can use these tailored loans to help with a variety of financial needs such as debt consolidation, mortgage payments, daily bills and to improve their credit score.

Centum's brokers and agents will process their client's loan applications on-line using progressa's™ web portal. Approved consumers can receive unsecured term loans from $1,000 to $15,000 with rates as low as 29% APR subject to credit approval. The loans are repayable over terms ranging from 6 to 36 months but the consumer may choose to repay at any time without penalty. The loans broaden the range of financial solutions offered to clients by their trusted Centum professional. The geographic reach of the Centum mortgage centres greatly increases the consumer access to the progressa™ loan product.

progressa™ was created to put borrowers' financial stability first, and to provide a reliable and accessible alternative lending solution for all Canadians. "We are excited to be working with Centum Mortgage professionals because they have the same values that we do. Our goal is to help Canadians improve their financial health by paying off their past due bills and giving them that second chance they require. We believe everyone should get that second chance so that they can eventually get that mortgage they are looking for" said Ali Pourdad, progressa's™ Chief Executive Officer.

progressa™ is an alternative lender that can help you find an unsecured, instalment loan with terms of repayment that work for you, and rates that compare favourably to other short-term lending options. We are a direct lender with no hidden fees or penalties, and we are committed to helping Canadians improve their financial health through free access to credit reporting and a wealth of information on budgeting, best financial practices, and the way our products work. We recognize that borrowers have bigger stories than just their credit score: that's why we want to work with you to create a personal loan that meets your specific needs. For more information, visit www.progressa.com.

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