Compare personal loans

APR 9.9%

Mogo

Mogo Personal Loan

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

Amount

CA$500–CA$35k

Term

6–60 months

Type

Personal

APR —

KOHO

KOHO Credit Building Account

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

Amount

Up to CA$10

Term

4–12 months

Type

Credit Builder

APR 19.9%

LendDirect

LendDirect Personal Loan

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

Amount

CA$500–CA$25k

Term

6–60 months

Type

Personal

APR 8.99%

Fig Financial

Fig Financial Personal Loan

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

Amount

CA$2k–CA$35k

Term

24–84 months

Type

Personal

APR 9.0%

CIBC

CIBC Unsecured Personal Loan Options

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

Amount

CA$3k–CA$200k

Term

12–60 months

Type

Personal

APR 7.45%

Tangerine

Tangerine Line of Credit

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.

Amount

CA$1k–CA$50k

Term

12–60 months

Type

Line of Credit

APR 7.95%

National Bank of Canada

National Bank Personal Loan

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

Amount

CA$2k–CA$50k

Term

12–60 months

Type

Personal

APR 6.0%

Scotiabank

Scotiabank Personal Loan

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

Amount

CA$5k–CA$75k

Term

12–60 months

Type

Personal

APR 8.99%

BMO

BMO Personal Loan

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

Amount

CA$2k–CA$35k

Term

12–60 months

Type

Personal

APR 6.95%

Desjardins

Desjardins Personal Loan

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

Amount

CA$500–CA$50k

Term

12–60 months

Type

Personal

APR 29.99%

Fairstone

Fairstone Personal Loans

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

Amount

CA$500–CA$50k

Term

6–120 months

Type

Personal

APR 7.49%

Meridian Credit Union

Meridian Credit Union Personal Loan

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

Amount

CA$1k–CA$50k

Term

12–60 months

Type

Personal

APR 9.99%

Spring Financial

Spring Financial Personal Loan

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

Amount

CA$300–CA$35k

Term

12–60 months

Type

Personal

APR 8.99%

TD Bank

TD Bank Personal Loan

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

Amount

CA$5k–CA$50k

Term

12–84 months

Type

Personal

APR 7.99%

Coast Capital Savings

Coast Capital Savings Personal Loan

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

Amount

CA$1k–CA$50k

Term

12–60 months

Type

Personal

APR 19.9%

Fora Credit

Fora Credit Line of Credit

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

Amount

CA$1k–CA$15k

Term

12–100 months

Type

Personal

APR 8.99%

goPeer

goPeer Personal Loan

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.

Amount

CA$1k–CA$35k

Term

36–60 months

Type

Personal

APR 9.0%

RBC Royal Bank

RBC Royal Bank Personal Loan

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

Amount

CA$5k–CA$50k

Term

12–60 months

Type

Personal