Loan
Reviews and step-by-step guides for personal loans in Canada, in English and in French: amounts, terms, fixed and variable rates, fees, soft-check quotes and the link to each lender’s official site.
Loan
Featured
Fairstone unsecured loan: up to $25,000 with a quote that does not touch your credit!
Fairstone unsecured loan: how to apply
Prêt personnel Desjardins : taux fixe ou variable, convertible en tout temps!
Prêt personnel Desjardins : comment faire la demande
Prêt personnel Spring Financial : de 500 $ à 35 000 $ sans nuire à votre cote de crédit!
Prêt personnel Spring Financial : comment faire la demande
Scotia Plan Loan: fixed or variable rate with no prepayment penalty!
Scotia Plan Loan: how to apply
Frequently asked questions
Need help? See some questions we get asked frequently.
Is Kredua a lender?
No. We do not lend money, take applications or make credit decisions. We describe loans offered by banks, credit unions and licensed lenders in Canada and send you to their official websites, where the application happens.
What interest rate should I expect on a personal loan?
Banks and credit unions set the rate individually and it is often in the single digits or low teens for good credit. Online lenders that accept weaker files charge more, up to the legal ceiling of 35% APR that applies in Canada since January 2025. The loan agreement must show the APR and the total cost of borrowing before you sign.
How long does it take to receive the money?
Online lenders usually send funds by Interac e-Transfer within one or two business days of approval, sometimes the same day. Banks and credit unions deposit the loan to your account once the documents are verified, typically within a few business days.
Still no answer?
Contact us! Our team of specialists will be happy to help.