Your money is all yours. You may use your loan for renovations, debt consolidation, a vacation, or just for anything you choose to spend it on.
Yes, even with extremely bad credit, you can qualify for a loan if you own a paid out vehicle that is less than eight years old. Our loans are secured by the value of the borrower’s vehicle, so credit rating doesn’t matter.
Yes, you can qualify even with a bankruptcy on your record. Our loans are approved based on the value of your vehicle, not on your credit rating. If you have a paid out car that is less than 8 years old you can be approved regardless to your credit rating.
Our loans are flexible and made to suit almost any budget. You can choose to pay your loan in monthly installments for a period of 2 to 5 years.
No, your car remains in your name and in your possession for the duration of the loan.
In order to qualify, your car must be:

  • Completely paid
  • Insured - including collision and comprehensive coverage
  • Have a clear title (not leased and no outstanding loans on it)
  • Be less than eight years old

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3908 17 ave SE,

Calgary, AB T2A 0S6


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About Us

Manage your financial emergencies and needs with FEL Canada! Our bad credit loans and personal loans in Edmonton, Calgary, Red Deer, Medicine Hat, Grande Prairie & Lethbridge come with flexible payment terms for borrowers who are rejected by other lending institutions and banks due to their bad credit history or poor credit reports. With FEL Canada, you'll be approved for up to $25,000 as long as you have a paid out vehicle or mobile home, or a home to secure your loan. Your money is waiting...Apply Now!