Compare personal loans

Real rates from banks and fintechs. Compared side by side, no affiliate bias.

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From vetted lenders
APR and fees explained

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APR 7.45–12.45%
12–60 mo 1-3 business days
CA$1k–CA$50k Line of Credit

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.

APR
4–12 mo Instant approval
Up to CA$10 Credit Builder

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

APR 9.9–46.96%
6–60 mo Minutes (online)
CA$500–CA$35k Personal

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

APR 6.95–12.95%
12–60 mo 1-3 business days
CA$500–CA$50k Personal

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.

APR 8.99–23.99%
12–84 mo Same day to 2 business days
CA$5k–CA$50k Personal

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

APR 8.99–22.99%
12–60 mo Same day to 3 business days
CA$2k–CA$35k Personal

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

APR 9.99–34.95%
12–60 mo Same day
CA$300–CA$35k Personal

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.

APR 7.49–12.99%
12–60 mo 1-3 business days
CA$1k–CA$50k Personal

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.

APR 9.0–13.0%
12–60 mo 1-3 business days
CA$5k–CA$50k Personal

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.

APR 6.0–10.0%
12–60 mo 1-2 business days
CA$5k–CA$75k Personal

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

APR 8.99–34.99%
36–60 mo 3-5 business days
CA$1k–CA$35k Personal

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.

APR 7.95–14.95%
12–60 mo 1-3 business days

National Bank of Canada

National Bank Personal Loan

CA$2k–CA$50k Personal

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

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