Online loans for Canadians
Short on cash? Find online loans that fit, fast.
Tell us what you need in one short form. We share it with lenders in our network, and you review any offer before you agree to anything.
How much do you need?
Free to apply, with no obligation. Loans come from third-party lenders, who decide on approval and set the terms.
Free to apply. One short form. No obligation. Review before you sign. Bad credit welcome to apply.
Payday loans
Cash to get you to payday.
A payday loan is a small, short-term loan of up to $1,500. You repay it from your next paycheque, usually within a few weeks.
Federal rules cap the cost at $14 for every $100 you borrow, and some provinces add their own limits.
ⓘ Your lender shows the exact cost and due date before you sign.
Personal loans
Spread a bigger cost over months.
A personal instalment loan lets you borrow a larger amount and pay it back in fixed payments over months, not weeks.
That can make a car repair, a move or a pile of bills easier to handle. In Canada, the rate on these loans can’t legally go above 35% APR.
How it works
Apply in three steps.
You can do the whole thing from your phone, with nothing to print and no branch to visit.
1
Fill in one short form
Tell us how much you need, plus a few details about you and your income.
2
We look for a lender
Your request goes to lenders in our network who may be able to help.
3
Review your offer
If a lender makes an offer, read the terms and decide. You never have to accept.
Bad credit?
You can apply with a low credit score.
Many lenders look at your income and your ability to repay, not just your score. A lower score can still lead to an offer, although no one can promise approval.
Know the cost
See the max cost before you apply.
Payday loans in Canada have a legal cost limit. Move the slider to see the most a lender can charge for the amount you have in mind.
Personal instalment loans are priced differently, as an annual rate. Your lender will show you the full cost before you sign.
Based on the federal limit of $14 per $100 borrowed for payday loans. Some provinces set lower limits. Your lender's agreement shows the exact cost and due date.
What you can count on
Four things to know before you apply.
$0
to apply and review offers
1
short online form for every lender
0
obligation to accept any offer
$14
most a payday loan can cost per $100, by federal law
Questions
Common questions about online loans.
Here are the questions we hear most about online loans. Can’t find yours? Visit the FAQ page or get in touch.
Who provides the loan?
A third-party lender. Fast Easy connects you with lenders in our network. The lender reviews your request, decides whether to make an offer and sets the terms.
Does it cost anything to use Fast Easy?
No. Applying and reviewing offers is free. If you accept a loan, you pay the lender the costs shown in your loan agreement.
Will applying affect my credit score?
Sending your request through Fast Easy does not affect your credit score. A lender may check your credit before making an offer, so ask the lender what kind of check they use.
How fast can I get the money?
It depends on the lender. Some lenders can send funds by e-Transfer or direct deposit the same day or the next business day after you are approved and sign. Others take longer.
What do I need to apply?
Most lenders ask that you:
- are at least the age of majority in your province (18 or 19)
- live in Canada
- have a regular source of income
- have an active Canadian bank account
A lender may ask for more information before making an offer.
Can I apply with bad credit?
Yes. Many lenders look at your income and your ability to repay, not only your credit score. Approval is never guaranteed, though, and the lender makes the final decision.
How much does a payday loan cost?
Federal rules cap payday loan costs at $14 for every $100 you borrow. For example, the most a lender can charge on a $500 payday loan is $70. Some provinces set lower limits.
How we handle your details.
Your form is sent over an encrypted connection. We share your details only with the lenders and partners involved in handling your request.
See what lenders can offer you.
Applying for online loans takes a few minutes and costs nothing.