Which bank has the easiest loan approval?

Fairstone specializes in fast online personal loans of up to $25,000 for non-prime borrowers. It's quick and easy to get a quote online without affecting your credit score, and the loan amount can be deposited into your account within 24 hours.

What credit score do I need to get a loan?

The minimum credit score you need depends on the lender. Traditional lenders like banks typically require a credit score of 660 or higher, but some online and alternative lenders are willing to work with borrowers who have fair or bad credit. These lenders consider factors like your income and employment situation as well as your existing debt before deciding whether to approve your loan. Learn more in our guide to what credit score you need to get a personal loan .

What is the easiest credit union to get a loan in Canada?

While credit unions generally have stricter eligibility requirements than online lenders, some credit unions offer payday loan alternatives with lenient eligibility criteria. Eligibility for these loans is determined based on your income rather than your credit score. Examples include Vancity's Fair and Fast Loan and Servus's Fast Forward Small Loan.