Mogo's mission is to save Canadians over
$1 billion in fees. We are
dedicated to providing simple, innovative, financial
solutions that help people live better lives.
At mogo we believe that it is time to challenge the existing financial
services industry by offering products that provide a simple way to access the
money you need. People across the country are tired of all the hoops and hurdles
the banks require them to go through to borrow a little money or the high costs
and inconvenience of using payday loans. People are tired of dealing with banks
that want you to put up assets in order to be considered a “good risk”.
Mogo is about human based lending, no hassles, no hurdles, just a simple process
that gets you the money you want, when you need it.
Consumer Reports has estimated that the financial services industry takes in
more than $200 billion in fees each year. If everyone who is currently using a
payday loan or bouncing cheques under $1,000 switched to Zip Money or Pocket
Money, Canadians could save over a billion dollars in fees. Wouldn't you
agree...it's time for a change. It's time for a revolution.
To see what we mean, compare loan costs.
Each month Mogo checks all online lenders in Canada that offer a similar product and ensures we are always the cheapest. We even guarantee it. This makes us the fastest growing short term lender in the country.
For the latest Mogo corporate news stop by our social media newsroom.
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Mogo is 100% Canadian owned and operated.