Created at September 30, 2020

Best personal loan providers for Immigrants in canada

loans

We know the hustle for managing funds for a vehicle, small business, to manage other debts, or for an unnamed personal expense, here are some suggested Personal loan provider in Canada.

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Borrowell

4.7

(3)

https://borrowell.com

Rate

Borrowell provides fast unsecured personal loans of up to $35,000 with interest rates starting at just 5.6%. There are no prepayment fees and no loan fees apart from an origination fee, which is between 1-5% of your loan amount.

Lendful

4.3

(3)

https://lendful.ca

Rate

To Credit Score of 600 (650 in AB & QC) Meet our loan servicing requirements - having an income 19+ years of age Permanent Canadian resident Credit history of 3 years

Loans Canada

4.5

(2)

https://loanscanada.ca

Rate

The lenders partnered with Loans Canada typically offer interest rates as low as 3% but up to 46.96%, on amounts that range from just $500 all the way up to $300,000, with funding available in as little as 24 hours.

LoanConnect

4.5

(2)

https://loanconnect.ca/

Rate

LoanConnect’s lenders provide short term, unsecured loans, some of which are accessible even for those with a previous bankruptcy or bad credit. LoanConnect lenders’ rates begin at a competitive 4.8% APR, but some lenders go as high as 46.96% depending on an applicant’s credit history.

Ferratum

4.5

(2)

https://www.ferratum.ca/

Rate

Loans can be repaid flexibly without extra fees: just cover the interest and you’re good. APRs are about average (as low as 18.90% with a term from 6 to 60 months), but the advantage of this lender is that you can add payments or pay the loan off entirely at any time, without penalty. Ferratum also offers self-employment loans, moving and renovation loans, travel loans, medical loans and more.

Lend direct

4.5

(2)

https://www.lenddirect.ca

Rate

A personal line of credit from LendDirect is personalized to fit your needs. If approved, you get unlimited cash advances whenever you need them, up to your approved credit limit.

Easyfinanciere.

4.5

(2)

https://www.easyfinanciere.com/fr/

Rate

You can apply online at easyfinanciere.com or at one of our 200+ easyfinancial branches across Canada. Completing the loan application can take as little as 10 minutes.

Meridian

3.8

(4)

https://www.meridiancu.ca/

Rate

I don't know how this came up here, I requested for a loan/line of credit, even with a parmanent job. Got declined.