Marble Financial

Whether you’re struggling to pay off a consumer proposal or you want to start rebuilding your credit, Marble Financial can help. This tech-based company specializes in consumer proposal loans and offers credit-rebuilding services that use patented software to help you formulate a plan to get out of debt – and back on your feet.

You’ll work directly with an adviser to determine which product is the right fit for you. Marble also provides free tailored services to help build your financial literacy so you can keep your credit score up and your financial health in good check.

Compare loans from Marble Financial

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Name	Product	Interest Rate	Max. Loan Amount	Loan Term	Fees	Min. Credit Score	Link
Marble Fast-Track Loan		19.44% – 31.90%	$20,000	36-84 months	Legal and admin fees of $295 - $1,500 (based on size of loan)	300	Go to site More Info	Marble Financial offer credit builder loans in amounts from $5,000 to $20,000. Improve your financial health within 36 months. Signup for a free MyMarble account to get started. This loan is strictly for borrowers exiting a consumer proposal.	Compare	loading Fetching your data...

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What types of loans does Marble Financial offer?

Fast-track loans

Marble’s fast-track loans are designed to help you pay off your consumer proposal so you can start rebuilding your credit. These loans cap out at $20,000 unless you have assets or a cosigner. They come with interest rates ranging from 19.44% to 31.9%, and you can typically pay them back over 3-7 years.

When you sign up for a fast-track loan, Marble Financial will report all of your on-time payments to the credit bureau so you can start rebuilding your credit as soon as possible. You’ll also get help with financial literacy and legal services to exit your consumer proposal. These services cost between Legal and admin fees of $295 - $1,500 (based on size of loan) and will be added to the total amount of your loan.

Score-Up credit building

You can use Marble Financial‘s “Score-Up” program to help rebuild your credit using a data-driven strategy. Marble’s software will analyze your credit report to develop a fast and clear path to rebuild your credit score. This is done by analyzing your credit data points in real-time to identify those that make the biggest impact on your credit score.

Once your points are assessed, you can begin to strategically tackle the biggest issues that are depreciating your score. You’ll also receive automated monthly reports and alerts to follow your progress and identify new ways that you can increase your rating.

Rebuild your credit with Score-Up

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Name	Product	Price per month	Credit scores	Credit monitoring	Credit reports	Update frequency
Marble Financial Score-Up		$29.99	TransUnion, Equifax	Yes	TransUnion, Equifax	Monthly	Score-Up uses software to help you build or rebuild your credit score. Set targets, access your credit score anytime, monitor your progress and find out what actions you should take to increase your score as quickly as possible. Signup for a free MyMarble account to get started.	Go to site More Info		loading Fetching your data...

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What are the benefits of working with Marble Financial?

There are a number of benefits to taking out a loan or rebuilding your credit score with Marble Financial. These include the following:

• Online application. It’s easy to apply for Marble Financial‘s loans and “Score-Up” program from the comfort of your own home in less than 15 minutes.
• Better credit score. You can start rebuilding your credit score as soon as you sign up, either by paying off your consumer proposal or working on your credit report.
• Affordable loans. You’ll be able to negotiate monthly repayments on your consumer proposal loan that suit your unique set of needs, lifestyle and budget.
• Easy-to-use software. You can track your credit score in real-time and identify problem areas using Marble Financial‘s customized software.
• Top-notch customer service. You’ll work with a dedicated agent to negotiate your loan and get your credit score back up to the desired rate.
• Bad credit doesn’t matter. You’ll be approved to participate in Marble Financial‘s loan and credit rebuilding programs even if you have bad credit.

What should I watch out for?

While there are many benefits to working with Marble Financial, you may encounter some of the following drawbacks:

• High interest rates on loans. You’ll pay between 19.44% and 31.9% APR on your loan (while consumer proposals are interest-free).
• Additional fees. Marble Financial loans come with legal and administrative fees ranging from Legal and admin fees of $295 - $1,500 (based on size of loan).
• Costs to participate in “Score-Up”. You’ll have to pay an undisclosed fee to work on your credit report with Marble Financial‘s specialized software.

What should I know before I apply?

• Eligibility requirements

  To apply for Marble Financial‘s programs, you need to meet the following criteria:

  • Be at least 18 years old (and 19 in some provinces).
  • Be a citizen or resident of Canada.
  • For Marble Financial‘s loans program, you may also need to meet these criteria:
  • Have a net income surplus of at least $150 per month after repayment.
  • Not owe any money on payday loans.

• Required documents and information

  You may also need to supply the following documents if you want to take out a loan or rebuild your credit with Marble Financial.

  • Government-issued ID. You’ll need to show proof of ID, such as your driver’s licence or passport.
  • Proof of address. You’ll be required to prove where you live using some form of phone, utility or other bill that lists your current address.
  • Proof of income. You may need to hand over documents like pay stubs and letters of employment to verify how much money you make.
  • Bank statements. You may have to give Marble Financial access to your bank statements so that it can assess your current cash flow.
  • Info about your consumer proposal. You may be required to submit details about your consumer proposal, including your payout letter and an updated payment schedule.

How to apply

If you think you meet all the eligibility criteria and you’re ready to get started with your Marble Financial application, you will need to follow the steps below:

1. Use the online application to provide personal information like your name, email address, proof of ID and relevant documents.
2. Review and submit your application.
3. Get verified and sign up for the program you’re interested in if you meet the eligibility requirements.

What do customers say about Marble Financial?

Marble Financial has a number of good reviews from customers in online forums. They indicate that the company is honest and transparent and offers affordable consumer proposal loans. Many customers also seem pleased with the high calibre of customer service that Marble Financial offers.

While there isn’t a lot of negative feedback about the company online, a handful of customers seem less than pleased with the amount of time it took to process their documentation and get approval. Others were unhappy with the amount of sensitive personal information they had to submit before receiving a decision about their eligibility to participate in Marble Financial‘s programs (citing security concerns).

Bottom line

Marble Financial can help you pay your consumer proposal and start rebuilding your credit faster. Take out a fast-track loan to wipe out your debt or apply to participate in Marble’s Score-Up credit-building program to reach your target credit score. Find out how Marble Financial can help you get out of debt and start your application today to see if you qualify.

Frequently asked questions

• How much do Marble Financial's services cost?

  It depends on which product you’re interested in. If you want to take out a loan, you’ll pay interest rates ranging from 19.44% to 31.9%. These services cost between Legal and admin fees of $295 - $1,500 (based on size of loan) and will be added to the total amount of your loan.

  The cost to participate in Marble Financial‘s “Score-Up” program isn’t disclosed on its website, so you’ll need to call the company to get more info.

• Should I take out a loan to pay off my consumer proposal?

  It’s up to you to decide if taking out a Marble Financial loan is the right choice for you. The main benefit of taking out this type of loan is that you’ll get rid of your consumer proposal faster so that you can start to rebuild your credit as soon as possible. The downside is that you’ll pay higher interest rates and fees than you would with a consumer proposal.

• Who can I contact if I have questions about my account?

  Marble has an on-call team of customer service reps that can give you a hand with managing your loan or your “Score-Up” account via email and over the phone.