Licensed Canadian lenders only

Compare personal loans in Canada

See rates, terms, and eligibility from multiple licensed Canadian lenders in one place — before you apply.

Updated

March 2026

100%

secure comparison

20+

lenders compared

From

3.99% APR

Compare Loan Providers

Compare interest rates, loan amounts, and processing times from Canadian lenders.

Interest Rate

5.6% – 29.19%

Loan Amount

$1,000 –
$50,000

Term

0 – 5 yrs

Example

$358/mo

($10,000)

Example: $10,000 loan for 36 months. Monthly payment $358. Total cost $12,888. Effective APR 35.0 %.

About Borrowell

Borrowell connects Canadians with personalized loan offers from top lenders. Free credit score monitoring included. No impact on your credit score when checking rates.

Borrowing costs money!

If you cannot repay on time, you risk a default mark on your credit record. This may make it harder to rent housing or obtain future credit. Seek advice from a not-for-profit credit counsellor.

Requirements

19 years or olderCanadian residentValid bank accountRegular source of income

Key Features

Fast decisionNo collateral requiredFlexible repayment
1
Loans CanadaBest Choice

Interest Rate

6.99% – 46.96%

Loan Amount

$500 –
$50,000

Term

0 – 5 yrs

Example

$408/mo

($10,000)

Example: $10,000 loan for 36 months. Monthly payment $408. Total cost $14,688. Effective APR 56.4 %.

About Loans Canada

Loans Canada is a loan comparison platform that matches you with lenders based on your profile. Free service with a wide network of licensed Canadian lenders.

Borrowing costs money!

If you cannot repay on time, you risk a default mark on your credit record. This may make it harder to rent housing or obtain future credit. Seek advice from a not-for-profit credit counsellor.

Requirements

18 years or olderCanadian residentActive bank accountMinimum income $1,200/month

Key Features

Fast decisionNo collateral requiredFlexible repayment

Interest Rate

19.99% – 39.99%

Loan Amount

$500 –
$35,000

Term

0 – 5 yrs

Example

$424/mo

($10,000)

Example: $10,000 loan for 36 months. Monthly payment $424. Total cost $15,264. Effective APR 48.0 %.

About Fairstone

Fairstone is one of Canada's largest non-bank lenders with 240+ branches. Offers secured and unsecured personal loans with flexible repayment options.

Borrowing costs money!

If you cannot repay on time, you risk a default mark on your credit record. This may make it harder to rent housing or obtain future credit. Seek advice from a not-for-profit credit counsellor.

Requirements

18 years or olderValid government-issued IDProof of incomeCanadian bank account

Key Features

Fast decisionNo collateral requiredFlexible repayment

Interest Rate

6.99% – 46.96%

Loan Amount

$500 –
$50,000

Term

0 – 5 yrs

Example

$408/mo

($10,000)

Example: $10,000 loan for 36 months. Monthly payment $408. Total cost $14,688. Effective APR 56.4 %.

About LoanConnect

LoanConnect matches Canadians with the right lender for their needs. Comparison service with access to banks, credit unions, and alternative lenders across Canada.

Borrowing costs money!

If you cannot repay on time, you risk a default mark on your credit record. This may make it harder to rent housing or obtain future credit. Seek advice from a not-for-profit credit counsellor.

Requirements

18 years or olderCanadian citizen or PRActive chequing accountEmployed or self-employed

Key Features

Fast decisionNo collateral requiredFlexible repayment

Interest Rate

9.99% – 46.96%

Loan Amount

$500 –
$35,000

Term

0 – 5 yrs

Example

$416/mo

($10,000)

Example: $10,000 loan for 36 months. Monthly payment $416. Total cost $14,976. Effective APR 56.4 %.

About Spring Financial

Spring Financial specializes in helping Canadians build or rebuild credit. Offers personal loans with a credit-building program included at no extra cost.

Borrowing costs money!

If you cannot repay on time, you risk a default mark on your credit record. This may make it harder to rent housing or obtain future credit. Seek advice from a not-for-profit credit counsellor.

Requirements

18 years or olderCanadian residentActive bank accountMinimum income $1,500/month

Key Features

Fast decisionNo collateral requiredFlexible repayment

Interest Rate

9.9% – 46.96%

Loan Amount

$300 –
$35,000

Term

0 – 5 yrs

Example

$416/mo

($10,000)

Example: $10,000 loan for 36 months. Monthly payment $416. Total cost $14,976. Effective APR 56.4 %.

About Mogo

Mogo offers personal loans and a digital lending platform for Canadians. Also provides free credit score monitoring and identity fraud protection.

Borrowing costs money!

If you cannot repay on time, you risk a default mark on your credit record. This may make it harder to rent housing or obtain future credit. Seek advice from a not-for-profit credit counsellor.

Requirements

18 years or olderCanadian residentValid email and phone numberRegular income

Key Features

Fast decisionNo collateral requiredFlexible repayment

Interest Rate

19.99% – 46.96%

Loan Amount

$500 –
$75,000

Term

0 – 10 yrs

Example

$444/mo

($10,000)

Example: $10,000 loan for 36 months. Monthly payment $444. Total cost $15,984. Effective APR 56.4 %.

About easyfinancial

easyfinancial provides personal loans to Canadians who may not qualify at traditional banks. Part of goeasy Ltd., a publicly traded company on the TSX.

Borrowing costs money!

If you cannot repay on time, you risk a default mark on your credit record. This may make it harder to rent housing or obtain future credit. Seek advice from a not-for-profit credit counsellor.

Requirements

18 years or olderCanadian residentProof of incomeGovernment-issued ID

Key Features

Fast decisionNo collateral requiredFlexible repayment

Interest Rate

7.99% – 29.99%

Loan Amount

$5,000 –
$50,000

Term

1 – 5 yrs

Example

$367/mo

($10,000)

Example: $10,000 loan for 36 months. Monthly payment $367. Total cost $13,212. Effective APR 36.0 %.

About Symple Lending

Symple Lending is a Canadian online lender offering competitive personal loan rates. Simple application process with quick funding for qualified borrowers.

Borrowing costs money!

If you cannot repay on time, you risk a default mark on your credit record. This may make it harder to rent housing or obtain future credit. Seek advice from a not-for-profit credit counsellor.

Requirements

18 years or olderCanadian citizen or PRMinimum annual income $30,000Good credit history

Key Features

Fast decisionNo collateral requiredFlexible repayment
8
Refresh Financial

Interest Rate

19.99% – 29.99%

Loan Amount

$1,500 –
$25,000

Term

1 – 5 yrs

Example

$398/mo

($10,000)

Example: $10,000 loan for 36 months. Monthly payment $398. Total cost $14,328. Effective APR 36.0 %.

About Refresh Financial

Refresh Financial helps Canadians build or rebuild their credit through secured savings loans and credit-building programs. A trusted option for improving your credit profile.

Borrowing costs money!

If you cannot repay on time, you risk a default mark on your credit record. This may make it harder to rent housing or obtain future credit. Seek advice from a not-for-profit credit counsellor.

Requirements

Age 18+Regular incomeGood credit historyValid ID

Key Features

Fast decisionNo collateral requiredFlexible repayment
9
Fora Credit

Interest Rate

19.99% – 46.96%

Loan Amount

$500 –
$15,000

Term

0 – 3 yrs

Example

$444/mo

($10,000)

Example: $10,000 loan for 36 months. Monthly payment $444. Total cost $15,984. Effective APR 56.4 %.

About Fora Credit

Fora Credit (formerly Cash Money) offers open-end lines of credit up to $15,000 for Canadians. Quick approval process with flexible repayment options.

Borrowing costs money!

If you cannot repay on time, you risk a default mark on your credit record. This may make it harder to rent housing or obtain future credit. Seek advice from a not-for-profit credit counsellor.

Requirements

Age 18+Regular incomeGood credit historyValid ID

Key Features

Fast decisionNo collateral requiredFlexible repayment

How it works

Answer a few questions, compare offers, and choose the lender that fits — all without affecting your credit score.

1

Tell us about your loan

Choose the amount and term you need and share a few basic details.

2

Compare offers side‑by‑side

See APR, monthly payment, and total cost from multiple lenders in one view.

3

Apply with your chosen lender

Continue securely to the lender to complete your application on their website.

Loan Calculator – Find Your Best Rate

Use this calculator to estimate your monthly payments and total borrowing costs before you apply.

$10,000
$500 $70,000
5 years
1 year 15 years
12 %
4 % 28 %

Estimated monthly payment

$222

per month

$13,347

Total to be repaid

$3,347

Total interest cost

This is an estimate only. Actual APR and costs depend on your credit profile and the chosen lender.

Compare Rates

See actual APR ranges from multiple lenders before applying.

Save Time

Compare multiple lenders in minutes instead of hours of research.

Smart Tips

Get insights on how to improve your loan terms and reduce costs.

Why use onetononline.site?

We make it easy to find the right loan by comparing licensed Canadian lenders side‑by‑side.

Fast Comparison

Compare dozens of lenders instantly without filling out multiple applications.

Save Money

Find lower rates by seeing all options side‑by‑side — even a 1% difference adds up.

Secure & Private

Your data is encrypted and we never share your personal information with third parties.

24/7 Available

Compare loans any time of day — our comparison service is always on.

No Credit Impact

Comparing loans on our platform does not affect your credit score.

Licensed Lenders Only

Every lender listed is federally or provincially licensed to operate in Canada.

Borrowing costs money!

Consider carefully whether you need a loan and whether you can repay it.

Understand Your Borrowing Costs

Before you borrow, make sure you understand the full cost of a loan including fees, interest, and repayment schedule.

Interest Rate (APR)

The annual percentage rate determines how much interest you pay over the life of the loan.

Total Loan Cost

The sum of principal, interest, and any fees. Always compare the total, not just the monthly payment.

Fees & Charges

Origination fees, NSF fees, and prepayment penalties can add hundreds to your total cost.

Repayment Period

Longer terms mean lower monthly payments but higher total interest paid.

Representative Example

Loan Amount

$10,000

Loan Term

5 years

APR

12.9%

Total Repayment

$13,668

This is an illustrative example only. Actual rates and terms depend on each lender's individual assessment.

FAQ

Frequently Asked Questions

Find answers to the most common questions about personal loans in Canada.

A personal loan is an unsecured loan that lets you borrow a fixed amount of money, which you repay in monthly instalments over a set period. Unlike mortgages or car loans, personal loans don't require collateral.
No. Using our comparison service does not perform a credit check and will not affect your credit score. Only when you formally apply with a lender may a hard inquiry be made.
Eligibility varies by lender, but typically you need to be 18+, a Canadian resident, have a regular income, and meet minimum credit score requirements. Some lenders work with all credit types.
The interest rate is the cost of borrowing the principal. APR (Annual Percentage Rate) includes the interest rate plus any fees, giving a more complete picture of the total cost of the loan.
Many online lenders can provide a decision within minutes and funds within 1–2 business days. Traditional banks may take longer. Check each lender's processing times on their listing.
Many lenders allow early repayment, but some charge prepayment penalties. Always check the terms before you apply, especially if you plan to pay off the loan ahead of schedule.

Didn't find your answer? Contact us — we are happy to help.