Spring Financial Reviews, Ratings And Fees June 2021

Based on 2
Customer Reviews
600 555 Burrard St
Vancouver, British Columbia
V7X 1M8

Who Is Spring Financial

Spring Financial offers Canadians convenient access to different financial products, no matter what condition their credit is in.  They are an alternative to traditional banks that have stringent qualification requirements. At Spring financial, they believe every Canadian deserves a fair shot at accessing the financial products they need. They currently offer online personal loans and home equity loans, which are designed to cater to your lifestyle. Whether you’re looking to make a big purchase, cover an emergency expense, or consolidate our debt, Spring financial will help find the right financing solution for you.


Offered Services

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

Home Equity Loan

Interest Rate
Term (Months)
Funding Time
Funding Method
Repayment Options

Personal Loan

  • Up to $15,000
Interest Rate
  • 29.99% - 46.96%
Term (Months)
  • 9 - 60
Funding Time
  • 1-2 business days
Funding Method
  • Direct deposit
Repayment Options
  • Must be the age of majority in your province
  • Must have a source of income
  • Must have a photo Id
  • Must provide bank statements
  • May require a void cheque
Product Details

The Foundation (Credit Building Loan)

The Foundation by Spring Financial is a credit building loan that helps consumers work toward rebuilding their credit. This product is a good option for anyone who is struggling with poor credit, students and those new to Canada who want to build credit and even consumers who have been through bankruptcy, consumer proposal, or credit counselling in the past.  
How It Works
  • - Spring Financial sets up a tradeline for a $3500 installment loan on your credit report
  • - You make bi-weekly payments of $55
  • - All your payments are reported to both Equifax and TransUnion
  • - After a full year, you receive $750 back

The Results
  • - Improved credit
  • - Access to mainstream banking

Reviews & Ratings

Is Spring Financial legit or a scam? See what others have to say.

Was able to do everything online, super easy and straightforward.

- Cindy (June 3, 2021)

This is a trusted service provider in Canada.

- Loans Canada (May 19, 2021)

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

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Spring Financial Reviews on Loans Canada
Best Personal Loan Provider by Greedy Rates

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