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Personal Loans

A loan can help you consolidate debt or finance a large purchase. Understanding how different loans work will help you choose the best product for your needs.
Personal Loans

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Personal loan basics

8 Do's and Don'ts of Personal Loan Repayment

Learn how to manage your personal loan debt responsibly.

Your personal loan questions, answered

Are No-Credit-Check Personal Loans Legit?No-credit-check personal loans do exist in Canada. While they may be easier to get, there are extra costs and risks to be aware of.

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What’s the Best Place to Apply for a Personal Loan?Personal loans are available from banks, credit unions, and alternative lenders. The best place to apply for a personal loan depends on your budget and credit score.

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Can I Get a Personal Loan with Bad Credit?Personal loans for bad credit are typically offered by alternative lenders, and have higher interest rates and additional fees.

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Loan types

A smiling woman embracing her partner after a successful car purchase at a dealership center.
How Car Loans Work in Canada
Sandra MacGregorSandra MacGregor
What Is a Car Title Loan?
What Is a Car Title Loan?
Helen Burnett-NicholsHelen Burnett-Nichols
What Is a Personal Loan?
What Is a Personal Loan?
Sandra MacGregorSandra MacGregor
What Is a Payday Loan?
What Is a Payday Loan?
Helen Burnett-NicholsHelen Burnett-Nichols
Line of Credit: What It Is and How to Use It
Line of Credit: What It Is and How to Use It
Kurt WoockKurt Woock
How to Get a Cash Advance with a Credit Card
How to Get a Cash Advance with a Credit Card
Barry ChoiBarry Choi

Choosing the right loan

More about loans

Should You Use a Personal Loan for Home Improvements?
Should You Use a Personal Loan for Home Improvements?
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How to Apply for Student Loans in Canada
How to Apply for Student Loans in Canadaby Helen Burnett-Nichols, Janine DeVault
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How to Transfer a Car Loan in Canada
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What Is a Pawn Loan?
What Is a Pawn Loan?
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What Is a Merchant Cash Advance?
What Is a Merchant Cash Advance?
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