{"id":760411,"date":"2019-01-29T18:41:57","date_gmt":"2019-01-29T23:41:57","guid":{"rendered":"https:\/\/www.finder.com\/ca\/?p=760411"},"modified":"2025-09-09T10:43:16","modified_gmt":"2025-09-09T14:43:16","slug":"mogo","status":"publish","type":"post","link":"https:\/\/www.finder.com\/ca\/personal-loans\/mogo","title":{"rendered":"Mogo loans review (“MogoMoney”)"},"content":{"rendered":"
\"Finder<\/div>

Best-rated<\/h4>

Mogo made it to the Top 15 Best-Rated personal loan providers in the Finder: Personal Loans Customer Satisfaction Awards 2023<\/a><\/em>.<\/p><\/div><\/div><\/div>

What is Mogo?<\/h3>

Mogo is a Canadian financial technology company that offers various products to help consumers with their finances, whether that\u2019s in borrowing, spending, investing or tracking their credit score. Products include the Mogo Visa Platinum Prepaid Card<\/a> (also known as the \u201cMogoCard\u201d), trading app (\u201cMogoTrade<\/a>\u201c) and Mogo loans.<\/p>

Is Mogo legitimate?<\/h3>

Yes. Mogo is registered in the BC government\u2019s business database. It has over 1.8 million members and is listed on the Toronto Stock Exchange. It has been featured in the news such as CNBC, CBC, The Globe and Mail, BNN and National Post.<\/p>

MogoMoney personal loan features<\/h3>
Feature<\/th>Details<\/th><\/tr><\/thead>
Loan amount<\/td>$500 \u2013 $35,000<\/td><\/tr>
Loan term<\/td>6 - 60 months<\/td><\/tr>
Interest rate<\/td>9.90% - 35.00%<\/span><\/td><\/tr>
Fees<\/td>
  • Non-sufficient funds fee of $20 to $50<\/li>
  • Potential late or missed payment fee<\/li><\/ul><\/td><\/tr>
Serviced provinces<\/td>BC, AB, SK, MB, ON, NB, NS, PE, NL, YT, NT, NU<\/td><\/tr>
Basic eligibility criteria<\/td>Min. income of $35,000 \/year, min. credit score 600<\/td><\/tr><\/tbody><\/table>

<\/p>

What types of Mogo loans are available?<\/h3>

Mogo offers the following loans:<\/p>