Private Loan Shop Reviews, Ratings And Fees July 2021

Based on 3
Customer Reviews
  • 24/7

Who Is Private Loan Shop

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.


Offered Services

scroll table
Loan Range
Rate & Terms
Product Details
Requirements & Documents

Payday Loan

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

Reviews & Ratings

Reviews From Experts

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


User experience

Information and transparency


Written by: Sean Cooper
Posted on June 27, 2019

Is Private Loan Shop legit or a scam? See what others have to say.

5 star

- Ronniemassia (June 11, 2019)

This is a trusted service provider in Canada.

- Loans Canada (June 10, 2019)

The provider displayed on this page has not endorsed this listing.

Review this lender

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
Best Personal Loan Provider by Greedy Rates

Confidential & risk-free

All consultations and conversations with Loans Canada and its partners are confidential and risk-free. Speak with a trusted specialist today and see how we can help you achieve your financial goals faster. Loans Canada and its partners will never ask you for an upfront fee, deposit or insurance payments on a loan. Loans Canada is not a mortgage broker and does not arrange mortgage loans or any other type of financial service.

When you apply for a Loans Canada service, our website simply refers your request to qualified third party providers who can assist you with your search. Loans Canada may receive compensation from the offers shown on its website.

Only provide your information to trusted sources and be aware of online phishing scams and the risks associated with them, including identity theft and financial loss. Nothing on this website constitutes professional and/or financial advice.

Your data is protected and your connection is encrypted.

Loans Canada Services Are 100% Free. Disclaimer

Keep Track Of Your Credit Score

Subscribe with Credit Verify to monitor your credit rating and get your free credit score.