Compare loans from all major Canadian banks and lenders. Find the lowest APR with no obligations. Free, fast, and unbiased.
Compare leading personal loan providers in Canada
BMO Bank of Montreal offers personal loans with a fast online process, fixed monthly payments and no hidden fees.
CIBC offers personal loans and home equity solutions with high loan amounts up to $200,000 and competitive fixed rates.
Fairstone specializes in personal loans for Canadians with fair-to-good credit, offering fast approval and flexible repayment options.
Magical Credit gives installment loans to Canadians with non-traditional income, including government benefits, pension, and disability.
Nyble offers a 0% interest credit line up to $250 with no mandatory fees and free credit monitoring.
RBC Royal Bank is Canada's largest bank offering personal loans with competitive rates and a fully digital application process.
Scotiabank offers flexible personal loans with competitive rates, optional payment protection insurance, and a fast online application process.
TD Bank is Canada's second-largest bank offering competitive personal loans with flexible terms and fast online approval.
Find the right loan for your specific needs
Three simple steps to find your best loan
Enter your desired loan amount and repayment term. Our comparison tool will show you all matching offers from Canadian lenders.
Compare APR, monthly payments, and terms from all lenders. All information is transparent with no hidden costs.
Once you choose the best offer, you'll be redirected to the lender's website to complete your application. The entire process takes about 10 minutes.
Expert advice on loans, credit scores, and personal finance in Canada
Juggling multiple debt payments? Debt consolidation may simplify your finances and reduce the total interest you pay. Here's everything you need to know.
APR (Annual Percentage Rate) is the true cost of borrowing. Understanding the difference between APR and interest rate can save you thousands on your next loan.
Your credit score is one of the most important factors lenders consider when evaluating your loan application. Here's how to improve it quickly and effectively in Canada.
A personal loan is one of the most common ways to finance major purchases, unexpected expenses, or consolidate debt. The Canadian market offers personal loans from banks and credit unions including TD Bank, RBC Royal Bank, Scotiabank, BMO, CIBC, and online lenders like Fairstone and Manulife Bank.
When comparing loans, the most important parameter is the Annual Percentage Rate (APR), which includes all loan costs – interest rate, origination fees, and insurance. Only the APR allows you to make a true comparison of the cost of different loans.
At CanuckLenders.com, we've gathered and organized offers from all major lenders in Canada to help you find the best loan in the shortest time possible. Comparison is free and without obligation.
What Canadians most often ask before taking out a loan
It depends on the lender. Major banks typically want a good to excellent score (roughly 660+), while many online and alternative lenders on this site approve borrowers with fair or even poor credit, usually at a higher APR. Check our credit score ranges guide to see where you currently stand.
Online and alternative lenders can often approve a loan and send funds within minutes to 24 hours. Traditional banks usually take a few business days, especially if you're not already a client there.
APR (Annual Percentage Rate) includes the interest rate plus most lender fees, giving you the true yearly cost of borrowing. Two loans can have the same interest rate but a different APR once fees are included, so always compare APR, not just the advertised rate.
Yes. Several lenders in our bad credit loans category specialize in approving borrowers that banks typically decline, though the APR will usually be higher to offset the lender's risk.
No. Browsing and comparing offers on CanuckLenders.com does not involve a credit check. A credit check only happens if and when you submit a full application directly with a lender.