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Private Loan Shop Reviews, Ratings And Fees January 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.

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Private Loan Shop Reviews on Loans Canada
Best Personal Loan Provider by Greedy Rates

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