Personal loans are versatile credit products that can be used for any expense such as a car repair, a wedding, or a medical emergency. Depending on the lender, you can get personal loans between $500 to $35,000 with affordable rates and flexible terms.
However, the amount you qualify for will depend on your credit and overall finances. These loans can also be secured or unsecured and can come with variable or fixed rates, making it a flexible financial solution.
Filters
The Loan You Want, When You Need It
From alternative personal loans to help deal with an emergency expense to debt consolidation loans to help tackle debt. Regardless of your situation, there is a loan option to meet your needs.
Personal Loans
From last-minute travel plans to an unexpected issue with your car, a personal loan is a great way for you to gain access to the money you need, quickly, affordably, and from the comfort of your home.
Bad Credit Loans
Having bad credit doesn’t mean that personal loans are out of your reach. You can still apply for and get approved for an affordable personal loan. And better yet, repaying your loan can help you build credit.
Short Term Loans
A short-term loan can help you cover the cost of an emergency expense and help you get back on track with affordable payments and convenient terms.
Installment Loans
The best alternative to predatory payday loans is an installment loan. With it, you can get a personalized repayment plan that will help you plan your budget around your payments.
Debt Consolidation Loans
Break the cycle of debt with a debt consolidation loan. You can consolidate your debt with a single loan, reduce your interest payable and save money. Get out of debt faster by consolidating your debt.
Emergency Loans
Life is unpredictable, but that doesn’t mean that your finances need to be. Emergency loans are the best option for those who find themselves in unexpected and expensive situations. Quick approval times and affordable payment plans mean you don’t need to put your life on hold to handle an emergency.
Car Loans
Whether you’re looking for the car of your dream or need something a little more practical to drive your family around, a car loan can help anyone afford the car they want and need.
Personal Loan FAQs
How do I apply for a personal loan?
How much money can I get from a personal loan?
How long will it take for me to get my personal loan?
Do I need to provide an upfront payment to get my loan?
Do I need to provide security or collateral for a personal loan?
I have bad credit, can I still get a personal loan?
Additional Reading
Personal Loan Myths
Only people with great credit and high incomes can get approved for personal loans.
False. There are many lenders whose main goal is to provide all Canadians, regardless of their credit scores, with access to the personal loans, car financing, business financing, debt relief, and related services they need. Furthermore, having bad credit isn’t a permanent state, if you have bad credit and want to work toward improving it, there are many actionable steps you can take.
Only banks provide personal loans.
False. Maybe several decades ago this might have been more true, but now the financial world has changed. If your looking for a personal loan regardless of your credit or income there are alternative options available to you. Being rejected by your bank is no longer the end of the road for consumers who want to take out a personal loan.
You need a perfect credit score to apply for a personal loan.
False. Anyone, regardless of their credit score can apply for and get approved for a personal loan. Our number one tip for applying for a personal loan: always make sure you can afford it. Loans can open up so many doors, but if you can’t handle the payments, a loan can cause more issues than it’s worth.
