Join millions of Canadians who have already trusted Loans Canada
Find A Lender

Private Loan Shop: Overview

Now that the lending world is accessible online, Private Loan Shop may be the place to go when you need a payday loan, personal loan, or other loan-based product with a financing amount of up to $50,000. Applications can be filled out 24/7 through their web portal from any laptop or home computer. They consider clients from all walks of life, financial backgrounds, and credit ratings. Qualified Canadian and U.S. borrowers can expect to receive financing 24 – 48 hours following approval. The more qualified you are, the better rates you can secure. Check out their website for more information.

Services & Products

Private Loan Shop Offered Services

Payday Loan

Loan Range
$500 - $50,000
Interest Rate
15 - 30%
Terms (Months)
-
Funding Time
Within 24 hours
Funding Method
Direct deposit Interac e-Transfer
Repayment Options
Automatic debit
Eligibility
18 years of age or older Steady employment Minimum monthly income of $1,000 Active bank account
Requirements & Documents
n/a

Reviews

Reviews & Rating

Reviews From Experts

Sean Cooper avatar on Loans Canada

Private Loan Shop’s website loads fast and is mobile friendly. It has lots of reviews from different sources and a basic FAQ page. It could improve its accessibility though – it doesn’t appear to have a 1 800 number, a presence on social media or a chat service on its website.

Application simplicity

Reputation

User experience

Information and transparency

Accessibility

Written by: Sean Cooper
Posted on June 27, 2019

See what others have to say about Private Loan Shop

5 star

Have you had any experience with this provider? Let others know!


Expand Your Search

Find Other Lenders In This Region

Filters
Loading...
Loans Canada
Loans Canada
Amount
Up to $50,000
Rate
Prime to 46.96%
Term
3-60 months
iCash - Best Quick Option
iCash
Amount
Up to $1,500
Rate
15% - 17%
Term
Fora - Best Overall
Fora
Amount
$1,000 - $15,000
Rate
19.9% - 34.9%
Term
Varies
Spring Financial - Best User Experience
Spring Financial
Amount
Up to $35,000
Rate
9.99% - 46.96%
Term
9 - 78 Months
Fairstone Financial - Best For Homeowners
Fairstone Financial
Amount
Up to $60,000
Rate
19.99% - 39.99%
Term
6 - 120
Bree - Best Interest-Free Option
Bree
Amount
Up to $350
Rate
No Cost!
Term
-
Mogo Finance - Highest Approval Chance
Mogo Finance
Amount
Up to $5,000
Rate
9.9% - 47.72%
Term
-
easyfinancial
easyfinancial
Amount
$500 - $100,000
Rate
9.99% - 46.96%
Term
Varies
LoanMeNow - Best For Low Credit
LoanMeNow
Amount
$500 - $1000+
Rate
28% to 32%
Term
3 Months
SkyCap Financial - Best Alternative Option
SkyCap Financial
Amount
$500 - $10,000
Rate
Term
Nyble - Best Credit Building Help
Nyble
Amount
$250
Rate
No Cost!
Term
-
goPeer
goPeer
Amount
$1,000 - $25,000
Rate
7.5% - 31.5%
Term
36 - 60 months
Unfortunately we couldn't find you a provider with the given filters

Review Widget

Want to show off your rating on your website? Copy the code below to embed our review widget on your website.

Private Loan Shop Reviews on Loans Canada

Build Credit For Just $10/Month

With KOHO's prepaid card you can build a better credit score for just $10/month.

Koho Prepaid Credit Card