Compare personal loans

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

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CA$1,000 CA$100,000

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Mogo

Mogo Personal Loan

APR 9.9–46.96%
Amount
CA$500–CA$35k
Term
6–60 months
Approval
Minutes (online)

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

KOHO

KOHO Credit Building Account

APR
Amount
Up to CA$10
Term
4–12 months
Approval
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.

goPeer

goPeer Personal Loan

APR 8.99–34.99%
Amount
CA$1k–CA$35k
Term
36–60 months
Approval
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.

Fig Financial

Fig Financial Personal Loan

APR 8.99–29.49%
Amount
CA$2k–CA$35k
Term
24–84 months
Approval
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.

Fairstone

Fairstone Personal Loans

APR 29.99–34.99%
Amount
CA$500–CA$50k
Term
6–120 months
Approval
Same day

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

Scotiabank

Scotiabank Personal Loan

APR 6.0–10.0%
Amount
CA$5k–CA$75k
Term
12–60 months
Approval
1-2 business days

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

Meridian Credit Union

Meridian Credit Union Personal Loan

APR 7.49–12.99%
Amount
CA$1k–CA$50k
Term
12–60 months
Approval
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.

Tangerine

Tangerine Line of Credit

APR 7.45–12.45%
Amount
CA$1k–CA$50k
Term
12–60 months
Approval
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.

BMO

BMO Personal Loan

APR 8.99–22.99%
Amount
CA$2k–CA$35k
Term
12–60 months
Approval
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.

National Bank of Canada

National Bank Personal Loan

APR 7.95–14.95%
Amount
CA$2k–CA$50k
Term
12–60 months
Approval
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.

Fora Credit

Fora Credit Line of Credit

APR 19.9–34.9%
Amount
CA$1k–CA$15k
Term
12–100 months
Approval
Same day

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

CIBC

CIBC Unsecured Personal Loan Options

APR 9.0–10.0%
Amount
CA$3k–CA$200k
Term
12–60 months
Approval
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.

TD Bank

TD Bank Personal Loan

APR 8.99–23.99%
Amount
CA$5k–CA$50k
Term
12–84 months
Approval
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.

Spring Financial

Spring Financial Personal Loan

APR 9.99–34.95%
Amount
CA$300–CA$35k
Term
12–60 months
Approval
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.

RBC Royal Bank

RBC Royal Bank Personal Loan

APR 9.0–13.0%
Amount
CA$5k–CA$50k
Term
12–60 months
Approval
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.

Desjardins

Desjardins Personal Loan

APR 6.95–12.95%
Amount
CA$500–CA$50k
Term
12–60 months
Approval
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.

LendDirect

LendDirect Personal Loan

APR 19.9–46.93%
Amount
CA$500–CA$25k
Term
6–60 months
Approval
15 minutes

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

Coast Capital Savings

Coast Capital Savings Personal Loan

APR 7.99–14.99%
Amount
CA$1k–CA$50k
Term
12–60 months
Approval
1-3 business days

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