7 Million+
Happy Applicants
14+
Years Helping Canadians
4.5
From 430+ Google Reviews
100%
Canadian Owned & Operated

As Seen On...

CBC BBB Accredited Logo Global News MaRS CLA Yahoo Finance

How It Works

What Happens When You Apply

1 Tell us what you need

Choose a personal loan, debt relief, a car loan or business funding, and tell us how much you need and a little about your income. It takes a few minutes.

2 We find lenders that fit

We compare your request with the lenders and providers in our network to find the ones most likely to work with your situation, including fair and bad credit.

3 Review your options and decide

Compare what you're offered and choose what's right for you. It's free, and you're never obligated to accept an offer.

Loans Canada is paid by our partners, not by you. How we make money

From Our Data

Who Really Gets Approved

476,277

Loan applications made through Loans Canada in early 2026. These three things made the biggest difference.

See The Full Study

550–700

Fair Credit

You Don't Need Perfect Credit

Fair credit was funded more often than good credit.

+93%

Direct Deposit

How You're Paid Matters

Direct deposit made applicants 93% more likely to be funded than any other way of being paid.

+46%

Full-Time Work

Steady Income Wins

Full-time work made applicants 46% more likely than average to be funded. Part-time, self-employed and benefits income get funded too.

Award Winning Platform

Canada's Loan Comparison Platform

Research Lenders Before You Apply

Read lender profiles and customer reviews, see how we rate each lender, and compare rates and terms side by side. Loans Canada was named one of Canada's Top Growing Companies by The Globe and Mail in 2022, 2023, 2025 and 2026.

Lender Database

Top Editorial Picks

https://loanscanada.ca/wp-content/uploads/2026/06/Best-personal-Loan.png
Best Personal Loans In Canada 2026

By Priyanka Correia
Last Updated: June 23, 2026

https://loanscanada.ca/wp-content/uploads/2023/09/Best-Bad-Credit-Loans.png
Best Bad Credit Loans In Canada 2026

By Priyanka Correia
Last Updated: June 22, 2026

https://loanscanada.ca/wp-content/uploads/2020/10/Loans-For-New-Immigrants.png
Loans For Newcomers In Canada: Build Credit & Access Affordable Financing

By Priyanka Correia
Last Updated: October 23, 2026

https://loanscanada.ca/wp-content/uploads/2021/01/E-Transfer-Payday-Loans-Canada.png
Best e-Transfer Payday Loans In Canada 2026

By Caitlin Wood
Last Updated: August 11, 2026

https://loanscanada.ca/wp-content/uploads/2018/04/no-instant-bank-verification-loan.png
No Instant Bank Verification (IBV) Loans In Canada

By Caitlin Wood
Last Updated: July 28, 2026

https://loanscanada.ca/wp-content/uploads/2018/03/Loans-Without-Employment-Verification-1.png
Best No Employment Verification Loans In Canada

By Priyanka Correia
Last Updated: August 13, 2026

https://loanscanada.ca/wp-content/uploads/2017/05/Child-tax-loans.png
Loan Options While Receiving The Canada Child Tax Benefit

By Lisa Rennie
Last Updated: July 9, 2026

https://loanscanada.ca/wp-content/uploads/2016/05/115975379-1.jpg
Employment Insurance (EI) Loans

By Caitlin Wood
Last Updated: July 7, 2026

https://loanscanada.ca/wp-content/uploads/2024/03/NyblevBree.png
Nyble vs. Bree: Which One Is Better?

By Lisa Rennie
Last Updated: February 6, 2025

https://loanscanada.ca/wp-content/uploads/2023/11/ChexyReview-1.png
Chexy Review: Pay Your Rent With A Credit Card

By Lisa Rennie
Last Updated: December 12, 2024

https://loanscanada.ca/wp-content/uploads/2013/03/CreditScores.png
Credit Score Range In Canada: What It Really Means

By Caitlin Wood
Last Updated: June 18, 2026

https://loanscanada.ca/wp-content/uploads/2023/06/CPC-SCP-.png
What Is A CPC/ SCP Charge On A Credit Card?

By Lisa Rennie
Last Updated: April 22, 2025

https://loanscanada.ca/wp-content/uploads/2018/12/800-Credit-Score-Club.png
800 Credit Score In Canada: Is It Good And How Do You Get One?

By Caitlin Wood
Last Updated: October 23, 2026

https://loanscanada.ca/wp-content/uploads/2020/12/Renting-an-Apartment-With-Bad-Credit.png
How To Rent An Apartment With Bad Credit

By Caitlin Wood
Last Updated: October 1, 2026

https://loanscanada.ca/wp-content/uploads/2019/12/can-you-buy-a-house-with-bad-credit.png
How To Buy A House With Bad Credit In Canada (2026)

By Caitlin Wood
Last Updated: September 28, 2026

https://loanscanada.ca/wp-content/uploads/2024/10/credit-bureau-check.png
Which Credit Bureau Do Lenders Check in Canada?

By Veronica Ott
Last Updated: October 23, 2024

https://loanscanada.ca/wp-content/uploads/2016/08/statute-of-limitations-1.png
Statute Of Limitations On Debt In Canada: By Province (2026)

By Caitlin Wood
Last Updated: September 29, 2026

https://loanscanada.ca/wp-content/uploads/2023/10/Average-Debt-by-Age-in-Canada.png
Average Debt By Age In Canada (2026)

By Priyanka Correia
Last Updated: October 8, 2026

https://loanscanada.ca/wp-content/uploads/2016/03/What-Happens-To-Credit-Card-Debt-After-Death-In-Canada.png
What Happens To Credit Card Debt After Death In Canada?

By Lisa Rennie
Last Updated: April 22, 2025

https://loanscanada.ca/wp-content/uploads/2020/06/Bank-Accounts-After-I-Die_.png
What Happens To Bank Accounts After Death In Canada? (2026)

By Caitlin Wood
Last Updated: October 6, 2026

https://loanscanada.ca/wp-content/uploads/2016/08/Government-Debt-Relief.png
Are There Federal Government Debt Relief Programs?

By Lisa Rennie
Last Updated: March 18, 2025

https://loanscanada.ca/wp-content/uploads/2018/02/debt-forgiveness-canada.png
Debt Forgiveness In Canada: Your Options Explained

By Caitlin Wood
Last Updated: August 10, 2026

https://loanscanada.ca/wp-content/uploads/2017/11/Foreclosure-on-homes.png
How Does Foreclosure On Homes Work In Canada?

By Caitlin Wood
Last Updated: October 23, 2026

https://loanscanada.ca/wp-content/uploads/2024/11/Buying-A-Second-Home-And-Renting-Out-The-First-In-Canada.png
Rules For Buying A Second Home And Renting Out The First In Canada

By Lisa Rennie
Last Updated: November 22, 2024

https://loanscanada.ca/wp-content/uploads/2024/08/Pay-mortgage-with-credit-card.png
Can You Pay Your Mortgage With A Credit Card?

By Priyanka Correia
Last Updated: October 1, 2026

https://loanscanada.ca/wp-content/uploads/2017/09/builders-mortgage.png
What Is A Home Builders Mortgage?

By Caitlin Wood
Last Updated: September 25, 2026

https://loanscanada.ca/wp-content/uploads/2024/04/Rental-income.png
How To Use Rental Income To Qualify For A Mortgage In Canada

By Caitlin Wood
Last Updated: September 25, 2026

https://loanscanada.ca/wp-content/uploads/2023/12/Down-Payment-Assistance-Programs.png
Best Down Payment Assistance Programs In Canada 2026

By Sean Cooper
Last Updated: August 13, 2026

https://loanscanada.ca/wp-content/uploads/2019/11/Home-equity-loan-canada.png
How To Borrow Using Your Home Equity In Canada

By Caitlin Wood
Last Updated: August 14, 2026

https://loanscanada.ca/wp-content/uploads/2023/01/credit-score-mortgage.png
Minimum Credit Score For A Mortgage In Canada (2026)

By Caitlin Wood
Last Updated: May 22, 2026

https://loanscanada.ca/wp-content/uploads/2022/06/300000-mortgage.png
How Much Does A $300,000 Mortgage Cost In Canada?

By Lisa Rennie
Last Updated: November 4, 2025

https://loanscanada.ca/wp-content/uploads/2024/11/Kikiff_specai_offer.png
Kikoff Review - Credit Building Plaform Now Available In Canada

By Lisa Rennie
Last Updated: December 9, 2024

https://loanscanada.ca/wp-content/uploads/2023/11/ChexyReview-1.png
Chexy Review: Pay Your Rent With A Credit Card

By Lisa Rennie
Last Updated: December 12, 2024

https://loanscanada.ca/wp-content/uploads/2021/05/NeoMastercardReview.png
Neo Mastercard® | Neo Financial Credit Card Review

By Corrina Murdoch
Last Updated: January 30, 2025

https://loanscanada.ca/wp-content/uploads/2023/05/Windmill-Microlending-Review.png
Windmill Microlending Skilled Immigrant Loan Review - 95% Approval Rate

By Stefani Balinsky
Last Updated: February 13, 2024

https://loanscanada.ca/wp-content/uploads/2021/05/SecuredNeoMastercardReview.png
Secured Neo Mastercard Review 2026

By Priyanka Correia
Last Updated: December 13, 2024

https://loanscanada.ca/wp-content/uploads/2022/01/Tangerine-Savings-Account.png
Tangerine Savings Account Review

By Bryan Daly
Last Updated: June 10, 2024

https://loanscanada.ca/wp-content/uploads/2021/11/Tangerine-Money-Back-Card-Review.png
Tangerine Money-Back Credit Card Review 2026

By Lisa Rennie
Last Updated: December 13, 2024

https://loanscanada.ca/wp-content/uploads/2021/10/KOHOCreditBuildingReview.png
KOHO Credit Building Review 2026

By Priyanka Correia
Last Updated: October 21, 2026

https://loanscanada.ca/wp-content/uploads/2025/02/OAS-PAYMENT-DATE.png
Old Age Security (OAS) Payment Dates And Amounts In 2026

By Caitlin Wood
Last Updated: June 5, 2026

https://loanscanada.ca/wp-content/uploads/2021/04/Alberta-Child-and-Family-Benefit-ACFB.png
Alberta Child And Family Benefit (ACFB) Payment Dates 2026

By Chrissy Kapralos
Last Updated: March 25, 2025

https://loanscanada.ca/wp-content/uploads/2021/03/AISH-Payment-Schedule.png
AISH Payment Dates, Amounts, And ADAP Changes In 2026

By Priyanka Correia
Last Updated: May 15, 2026

https://loanscanada.ca/wp-content/uploads/2021/06/Saskatchewan-Income-Support-SIS-1.png
SIS Payment Dates 2026

By Corrina Murdoch
Last Updated: January 20, 2025

https://loanscanada.ca/wp-content/uploads/2021/12/Canada-Fed-Deposit.png
Canada Fed Deposit (EFT Credit Canada): Payment Dates 2026

By Caitlin Wood
Last Updated: August 4, 2026

https://loanscanada.ca/wp-content/uploads/2021/10/Canada-PRO-Deposit-Dates.png
Canada PRO Deposit Dates And Amounts 2026

By Lisa Rennie
Last Updated: June 15, 2026

https://loanscanada.ca/wp-content/uploads/2021/03/CCB-Payment-Dates.png
Canada Child Benefit (CCB) Payment Dates 2026

By Priyanka Correia
Last Updated: June 8, 2026

https://loanscanada.ca/wp-content/uploads/2022/05/Ontario-Works.png
Ontario Works Payment Dates 2026

By Caitlin Wood
Last Updated: June 30, 2026

A Team of Experts

Our team brings 15 years of Canadian lending experience and the insight of more than 7 million applications processed since 2012. We know what lenders look for and what gets an application funded, and every guide is written and reviewed with that experience.

Scott Satov

Scott Satov

President

CA, CFA · Former mortgage broker · Fintech founder

A veteran fintech founder, chartered accountant and CFA who has worked as a mortgage broker, Scott knows what borrowers face and what lenders require.

Cris Ravazzano

Cris Ravazzano

Head of Operations

15 years in Canadian lending · Credit, qualification and lending rules

Cris leads our personal and business lender integrations and built our free credit score. He knows what lenders look for and what gets an application funded.

Caitlin Wood

Caitlin Wood

Editor-in-Chief

BA, Concordia · 10+ years in finance publishing

Caitlin leads our editorial team and makes sure every guide on loans, credit, debt and personal finance is clear, accurate and practical.

Priyanka Correia

Priyanka Correia

Associate Editor

BA in Business · Money, debt, credit and research analysis

Priyanka writes and edits our guides on debt, credit and borrowing, turning what we see in real loan applications into practical advice.

Meet the Team Behind Loans Canada

Latest From The Experts

https://loanscanada.ca/wp-content/uploads/2020/10/Establishing-Credit-New-Immigrant.png
How To Build Credit As A New Immigrant In Canada

By Caitlin Wood
Last Updated: October 26, 2026

https://loanscanada.ca/wp-content/uploads/2020/10/Loans-For-New-Immigrants.png
Loans For Newcomers In Canada: Build Credit & Access Affordable Financing

By Priyanka Correia
Last Updated: October 23, 2026

https://loanscanada.ca/wp-content/uploads/2018/12/800-Credit-Score-Club.png
800 Credit Score In Canada: Is It Good And How Do You Get One?

By Caitlin Wood
Last Updated: October 23, 2026

https://loanscanada.ca/wp-content/uploads/2017/11/Foreclosure-on-homes.png
How Does Foreclosure On Homes Work In Canada?

By Caitlin Wood
Last Updated: October 23, 2026

https://loanscanada.ca/wp-content/uploads/2017/10/Prime-Rate-1.png
What Is The Prime Rate In Canada?

By Cris Ravazzano
Last Updated: October 21, 2026

https://loanscanada.ca/wp-content/uploads/2024/11/KOHOReviewImage.png
KOHO Review 2026 | Accounts, Credit Building, Rewards

By Priyanka Correia
Last Updated: October 21, 2026

https://loanscanada.ca/wp-content/uploads/2021/10/KOHOCreditBuildingReview.png
KOHO Credit Building Review 2026

By Priyanka Correia
Last Updated: October 21, 2026

More From Our Team

Using A Loan To Pay Off Credit Card Debt
Using A Loan To Pay Off Credit Card Debt

Learn how paying off your credit card balance with a loan can lower interest, simplify payments, and help you become debt-free faster...

Simplii Financial™ Review 2026
Simplii Financial™ Review 2026

Our Simplii Financial review covers its no-fee chequing, high interest savings, Cash Back Visa, fees, and how it compares to EQ Bank, Tangerine, Neo a...

How To Get A Cash Pick-Up With A Money Transfer
How To Get A Cash Pick-Up With A Money Transfer

Everything you need to know about cash pick-up when sending and receiving international money transfers.

Simplii Financial™ vs. Tangerine 2026 | Comparing Digital Banks
Simplii Financial™ vs. Tangerine 2026 | Comparing Digital Banks

Simplii vs Tangerine: compare chequing, savings, GIC rates, credit cards and lending at both no-fee online banks to see which one fits you best.

Average Debt By Age In Canada (2026)
Average Debt By Age In Canada (2026)

See the average debt in Canada by age, from credit cards and car loans to mortgages, plus which age groups are falling behind on payments.

Canada Drives Vs. Clutch Vs. CarDoor: How They Compare
Canada Drives Vs. Clutch Vs. CarDoor: How They Compare

Compare Canada Drives, Clutch, and CarDoor for buying or selling a car online in Canada, including fees, financing, returns, and where each one operat...

Special Offers

Loans Canada Spotlight

https://loanscanada.ca/wp-content/uploads/2026/04/consolidated-credit.png
Consolidated Credit: Helping Canadians Eliminate Debt

By Lisa Rennie
Published on April 13, 2026

https://loanscanada.ca/wp-content/uploads/2026/03/nsf-10-cap.png
Canada To Cap Bank NSF Fees At $10 Under New Federal Rules

By Lisa Rennie
Published on March 4, 2026

4.5 STAR RATING
FROM 430+ GOOGLE REVIEWS

Testimonials

G L Green
I was very impressed with the assistance that I received. I wasn't expecting to receive what I did and so glad that I used this.
G Carmen Cardinal
I'd definitely recommend this business to friends/family whom I know need the help and support from an ideal business.
G Scott Talbot
Very simplistic, easy to use service that provides financial relief for those in need for various reasons.

Calculator Directory

Loan Calculator

Use our loan calculator tool to estimate your monthly payment amount using different rates and loan terms.

View Calculator

Car Loan Calculator

Use our car loan calculator tool to estimate monthly car payments using different rates and variables.

View Calculator

Car Refinance Calculator

See how much refinancing your car loan could save on your monthly payment and total interest, and compare new terms.

View Calculator

Mortgage Calculator

Interested in buying a new home? Use our mortgage loan calculator tool to estimate monthly payments using different rates and loan terms.

View Calculator

Rent vs. Own Calculator

Don't know whether you should buy or rent your next home? Check out this calculator to help make your decision easier.

View Calculator

Business Loan Calculator

Estimate your business loan payment, total interest and the real APR once fees are included, and compare loan terms.

View Calculator

Payday Loan Cost Calculator

See the real cost of payday loans before you borrow. Calculate the total fees and interest based on your loan amount and term.

View Calculator

DTI Ratio Calculator

Calculate your debt-to-income ratio to see how lenders view your finances. This key number affects your ability to qualify for loans.

View Calculator

Take-Home Pay Calculator

Find out how much you'll actually take home after taxes and deductions. Get accurate net pay estimates for any province in Canada.

View Calculator

Why choose Loans Canada?

Apply Once &
Get Multiple Offers
Free, With
No Obligation
Get Your Free
Credit Score
All Credit Types
Considered
Guides Reviewed
By Experts
Exclusive
Offers

Frequently Asked Questions

Why should I trust Loans Canada?

Loans Canada launched in 2012 as Canada's original loan comparison platform. Since then, Canadians have submitted more than 7 million applications through us. Those applications, more than a decade of working directly with Canadian lenders, and independent product research are what our recommendations are built on.

Today we operate one of the largest lender networks in Canada, alongside a credit education library that is free to use. Loans Canada has been featured on television and radio, in magazines and newspapers, and by outlets including CBC News, the National Post, the Financial Post and the Toronto Star. See our media coverage or read more about our story.

Is Loans Canada a lender?

No. Loans Canada is a loan comparison platform. We connect you with lenders and other financial service providers in our network. The lender reviews your application, makes the decision and sets the rate and terms.

Why should I apply with Loans Canada instead of with a lender directly?

One application reaches several lenders at once. If you apply to lenders one at a time and get declined, you start over each time, and every application can mean another credit check. With Loans Canada you fill in one form and compare the options you get.

Can I apply even if I have bad credit?

Yes. Many of our partners work with fair and bad credit, and look at your income and how you're paid, not only your score. In our study of nearly 500,000 applications, fair credit was funded more often than good credit. Approval and rates are always up to each lender.

What is the interest rate of a bad credit loan?

APRs on personal loans from our partners range from 9.99% to 35%, the legal maximum in Canada. Where you land depends on your credit, income, existing debt and the lender. Some lenders put more weight on income and employment than on your score. Use our loan calculator to see what a rate means for your monthly payment.

Are your services really free?

Yes. Comparing options, applying and every guide and calculator on the site are free. We earn a referral fee from the lenders and providers in our network when we connect you with them, never from you. Here's how we make money.