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New Alternative to Payday Loans in Calgary

Many Calgarians have no other choice when it comes to borrowing a small amount of money for a short period of time. Many people must turn to expensive payday lenders. Until now.
First Calgary Financial is launching a micro loans program in collaboration with Momentum in April, 2015.  This is the first affordable, short-term loan to compete with payday loans in Alberta.  Only Momentum participants will be eligible for the loan during the pilot phase. Participants will be screened for eligibility at Momentum and then receive a referral letter to obtain a loan at one of two First Calgary Financial branches in our city.  Past, present, and future Momentum participants are welcome to inquire about the loan in April.
Congratulations to all the staff and members at First Calgary Financial for launching this innovative, timely, and important alternative to high-cost payday loans.  We look forward to supporting Momentum participants in paying off their payday loan debt, growing their assets, and savings for the future with First Calgary Financial.
Download the Metro News article.