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Personal Loans

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Rates verified and updated daily by our editorial team

Recently added

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.

National Bank Personal Loan

National Bank of Canada

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.