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Smart loan comparison for every borrower

We compare rates, terms, and eligibility across dozens of lenders — so you can borrow with confidence. Independent reviews, no hidden fees.

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Personal

Desjardins Personal Loan

APR

6.95–12.95%

Amount

CA$500–CA$50k

Term

12–60 mo

Speed

1-3 business days

Best for: This loan is best for current Desjardins members seeking flexible terms and personalized service, along with those who prefer a well-established institution.

Desjardins member · Canadian resident · Good credit history

Credit Builder

KOHO Credit Building Account

APR

Amount

Up to CA$10

Term

4–12 mo

Speed

Instant approval

Best for: This service is best for individuals who are new to credit or those looking to rebuild their credit history through responsible spending.

Canadian resident · 18+ years old · Active bank account

Personal

Coast Capital Savings Personal Loan

APR

7.99–14.99%

Amount

CA$1k–CA$50k

Term

12–60 mo

Speed

1-3 business days

Best for: This loan is ideal for individuals in British Columbia seeking a flexible, fee-free banking experience.

Coast Capital member · Canadian resident · Good credit score

Personal

TD Bank Personal Loan

APR

8.99–23.99%

Amount

CA$5k–CA$50k

Term

12–84 mo

Speed

Same day to 2 business days

Best for: This loan is best for individuals seeking a reliable option for larger expenses, such as home renovations or debt consolidation.

Canadian resident · Good credit history · Regular income

Personal

Fairstone Personal Loans

APR

29.99–34.99%

Amount

CA$500–CA$50k

Term

6–120 mo

Speed

Same day

Best for: Best for those who need quick access to unsecured funds and prefer both online and in-branch support.

Canadian resident · 18+ years old · Proof of income

Personal

Fig Financial Personal Loan

APR

8.99–29.49%

Amount

CA$2k–CA$35k

Term

24–84 mo

Speed

1-2 business days

Best for: This loan is best for individuals with a building credit tier seeking longer loan terms of up to seven years.

Canadian resident · 18+ years old · Active bank account

Personal

National Bank Personal Loan

APR

7.95–14.95%

Amount

CA$2k–CA$50k

Term

12–60 mo

Speed

1-3 business days

Best for: This loan is best for Quebec-based customers looking for personalized loan options with both fixed and variable rates.

Canadian resident · Good credit score · Proof of income

Personal

Spring Financial Personal Loan

APR

9.99–34.95%

Amount

CA$300–CA$35k

Term

12–60 mo

Speed

Same day

Best for: This service is ideal for individuals looking to build their credit while accessing loan amounts between $500 and $35,000 with fast funding.

Canadian resident · 18+ years old · Active bank account

Personal

Meridian Credit Union Personal Loan

APR

7.49–12.99%

Amount

CA$1k–CA$50k

Term

12–60 mo

Speed

1-3 business days

Best for: This loan is best for members of Meridian looking for flexible personal loan options with reasonable APRs and a commitment to customer service.

Ontario resident (member) · Good credit score · Proof of income

Personal

Scotiabank Personal Loan

APR

6.0–10.0%

Amount

CA$5k–CA$75k

Term

12–60 mo

Speed

1-2 business days

Best for: Ideal for individuals with strong credit profiles looking for long-term borrowing solutions with flexible repayment options.

Canadian resident · Good credit score · Proof of income

Personal

BMO Personal Loan

APR

8.99–22.99%

Amount

CA$2k–CA$35k

Term

12–60 mo

Speed

Same day to 3 business days

Best for: This loan is ideal for high-credit borrowers looking for loans starting at $2,000 with long repayment terms.

Canadian resident · 18+ years old · Good credit history

Personal

Tangerine Line of Credit

APR

7.45–12.45%

Amount

CA$1k–CA$50k

Term

12–60 mo

Speed

1-3 business days

Best for: This product is best for Canadians who prefer managing their finances online and are looking for a straightforward line of credit with no hidden fees.

Canadian resident · Tangerine client or new applicant · Good credit history

Personal

CIBC Unsecured Personal Loan Options

APR

9.0–10.0%

Amount

CA$3k–CA$200k

Term

12–60 mo

Speed

1-3 business days

Best for: This loan is best for individuals looking to consolidate debt or finance significant purchases without collateral, thanks to its high limit and varied terms.

Canadian resident · Minimum annual income $17,000 gross · Good credit score

Personal

RBC Royal Bank Personal Loan

APR

9.0–13.0%

Amount

CA$5k–CA$50k

Term

12–60 mo

Speed

1-3 business days

Best for: This loan is ideal for individuals with a high credit score looking for long-term financing options without the worry of early repayment fees.

Canadian resident · Good credit score · Steady income

Personal

LendDirect Personal Loan

APR

19.9–46.93%

Amount

CA$500–CA$25k

Term

6–60 mo

Speed

15 minutes

Best for: This service is best for borrowers needing fast approvals and flexible eligibility criteria.

Canadian resident · 18+ years old · Active bank account

Personal

Fora Credit Line of Credit

APR

19.9–34.9%

Amount

CA$1k–CA$15k

Term

12–100 mo

Speed

Same day

Best for: This product is best for individuals seeking quick access to funds with a straightforward online application process.

Canadian resident · 18+ years old · Active bank account

Personal

goPeer Personal Loan

APR

8.99–34.99%

Amount

CA$1k–CA$35k

Term

36–60 mo

Speed

3-5 business days

Best for: This platform is ideal for Canadians looking to build their credit while accessing lower interest loans. It's also suitable for individuals seeking to invest in personal loans for high-yield returns.

Canadian resident · Credit score 600+ · Active bank account

Personal

Mogo Personal Loan

APR

9.9–46.96%

Amount

CA$500–CA$35k

Term

6–60 mo

Speed

Minutes (online)

Best for: This loan is best for Canadians seeking short-term financing with a straightforward online application process and quick approvals.

Canadian resident · 19+ years old · Active bank account