{"id":872934,"date":"2020-08-12T16:05:10","date_gmt":"2020-08-12T20:05:10","guid":{"rendered":"https:\/\/www.finder.com\/ca\/?p=872934"},"modified":"2026-09-30T17:45:23","modified_gmt":"2026-09-30T21:45:23","slug":"best-installment-loans","status":"publish","type":"post","link":"https:\/\/www.finder.com\/ca\/personal-loans\/best-installment-loans","title":{"rendered":"10 Best Installment Loans in Canada"},"content":{"rendered":"<p>Installment loans are unsecured personal loans offered by alternative lenders. They have more lenient eligibility criteria than traditional personal loans, so you can apply for them and get approved with fair or bad credit. However, the trade-off for easy approval and funding is higher interest rates.<\/p><p>Check out some of the best installment loans in Canada in this guide and learn how to find the best deal for your situation.<\/p><h3>Best installment loans in Canada<\/h3><table class=\"luna-table luna-table--responsiveList\"><tbody class=\"luna-table__body\"><tr><td><img decoding=\"async\" class=\"aligncenter wp-image-1084220\" title=\"Image: Spring Financial\/Supplied\" src=\"https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2026\/09\/SpringFinancial_Supplied_450x250.png\" alt=\"Spring Financial\" width=\"71\" height=\"40\" srcset=\"https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2026\/09\/SpringFinancial_Supplied_450x250.png?fit=180 180w, https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2026\/09\/SpringFinancial_Supplied_450x250.png?fit=213 213w\" sizes=\"(max-width: 213px) 100vw, 213px\" loading=\"lazy\"><\/td><td><div class=\"has-padding-xsmall\"><\/div><p style=\"font-size: 12pt;\"><strong>Best for online funding:<\/strong><\/p><\/td><td><div class=\"has-padding-xsmall\"><\/div><p style=\"font-size: 14pt;\"><a href=\"#springfinancial\"><strong>Spring Financial Personal Loan<\/strong><\/a><\/p><\/td><\/tr><tr><td><img decoding=\"async\" class=\"aligncenter size-full wp-image-1084237\" title=\"Image: Loans Canada\/Supplied\" src=\"https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2026\/09\/LoansCanada_Supplied_450x250.png\" alt=\"Loans Canada\" width=\"71\" height=\"40\" srcset=\"https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2026\/09\/LoansCanada_Supplied_450x250.png?fit=180 180w, https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2026\/09\/LoansCanada_Supplied_450x250.png?fit=213 213w\" sizes=\"(max-width: 213px) 100vw, 213px\" loading=\"lazy\"><\/td><td><div class=\"has-padding-xsmall\"><\/div><p style=\"font-size: 12pt;\"><strong>Best for all credit:<\/strong><\/p><\/td><td><div class=\"has-padding-xsmall\"><\/div><p style=\"font-size: 14pt;\"><a href=\"#loanscanada\"><strong>Loans Canada Installment Loan<\/strong><\/a><\/p><\/td><\/tr><tr><td><img decoding=\"async\" class=\"aligncenter size-full wp-image-1084221\" title=\"Image: Loan Connect\/Supplied\" src=\"https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2026\/09\/LoanConnect_Supplied_450x250.png\" alt=\"Loan Connect\" width=\"71\" height=\"40\" srcset=\"https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2026\/09\/LoanConnect_Supplied_450x250.png?fit=180 180w, https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2026\/09\/LoanConnect_Supplied_450x250.png?fit=213 213w\" sizes=\"(max-width: 213px) 100vw, 213px\" loading=\"lazy\"><\/td><td><div class=\"has-padding-xsmall\"><\/div><p style=\"font-size: 12pt;\"><strong>Best for comparing offers:<\/strong><\/p><\/td><td><div class=\"has-padding-xsmall\"><\/div><p style=\"font-size: 14pt;\"><a href=\"#loanconnect\"><strong>LoanConnect Personal Loan<\/strong><\/a><\/p><\/td><\/tr><tr><td><img decoding=\"async\" class=\"aligncenter size-full wp-image-1084244\" title=\"Image: Green Loans\/Supplied\" src=\"https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2026\/09\/GreenLoans2_Supplied_450x250.png\" alt=\"Green Loans\" width=\"71\" height=\"40\" srcset=\"https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2026\/09\/GreenLoans2_Supplied_450x250.png?fit=180 180w, https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2026\/09\/GreenLoans2_Supplied_450x250.png?fit=213 213w\" sizes=\"(max-width: 213px) 100vw, 213px\" loading=\"lazy\"><\/td><td><div class=\"has-padding-xsmall\"><\/div><p style=\"font-size: 12pt;\"><strong>Best for short-term installment loans with no credit check:<\/strong><\/p><\/td><td><div class=\"has-padding-xsmall\"><\/div><p style=\"font-size: 14pt;\"><a href=\"#greenloans\"><strong>Green Loans<\/strong><\/a><\/p><\/td><\/tr><tr><td><img decoding=\"async\" class=\"aligncenter size-full wp-image-1084239\" title=\"Image: easyfinancial\/Supplied\" src=\"https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2026\/09\/easyfinancial_Supplied_450x250.png\" alt=\"easyfinancial\" width=\"71\" height=\"40\" srcset=\"https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2026\/09\/easyfinancial_Supplied_450x250.png?fit=180 180w, https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2026\/09\/easyfinancial_Supplied_450x250.png?fit=213 213w\" sizes=\"(max-width: 213px) 100vw, 213px\" loading=\"lazy\"><\/td><td><div class=\"has-padding-xsmall\"><\/div><p style=\"font-size: 12pt;\"><strong>Best for borrowers who want to apply to a big lender:<\/strong><\/p><\/td><td><div class=\"has-padding-xsmall\"><\/div><p style=\"font-size: 14pt;\"><a href=\"#easyfinancial\"><strong>easyfinancial Personal Loan<\/strong><\/a><\/p><\/td><\/tr><tr><td><img decoding=\"async\" class=\"aligncenter size-full wp-image-1084240\" title=\"Image: Fairstone\/Supplied\" src=\"https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2026\/09\/Fairstone_Supplied_450x250.png\" alt=\"Fairstone\" width=\"71\" height=\"40\" srcset=\"https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2026\/09\/Fairstone_Supplied_450x250.png?fit=180 180w, https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2026\/09\/Fairstone_Supplied_450x250.png?fit=213 213w\" sizes=\"(max-width: 213px) 100vw, 213px\" loading=\"lazy\"><\/td><td><div class=\"has-padding-xsmall\"><\/div><p style=\"font-size: 12pt;\"><strong>Best for quick, no-obligation quotes:<\/strong><\/p><\/td><td><div class=\"has-padding-xsmall\"><\/div><p style=\"font-size: 14pt;\"><a href=\"#fairstone\"><strong>Fairstone Unsecured Personal Loan<\/strong><\/a><\/p><\/td><\/tr><tr><td><img decoding=\"async\" class=\"aligncenter size-full wp-image-1084242\" title=\"Image: Helium Loans\/Supplied\" src=\"https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2026\/09\/HeliumLoans2_Supplied_450x250.png\" alt=\"Helium Loans\" width=\"71\" height=\"40\" srcset=\"https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2026\/09\/HeliumLoans2_Supplied_450x250.png?fit=180 180w, https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2026\/09\/HeliumLoans2_Supplied_450x250.png?fit=213 213w\" sizes=\"(max-width: 213px) 100vw, 213px\" loading=\"lazy\"><\/td><td><div class=\"has-padding-xsmall\"><\/div><p style=\"font-size: 12pt;\"><strong>Best for borrowers who need a payday loan alternative:<\/strong><\/p><\/td><td><div class=\"has-padding-xsmall\"><\/div><p style=\"font-size: 14pt;\"><a href=\"#heliumloans\"><strong>Helium Loans Personal Loans<\/strong><\/a><\/p><\/td><\/tr><tr><td><img decoding=\"async\" class=\"aligncenter size-full wp-image-1084243\" title=\"Image: Cashco Financial\/Supplied\" src=\"https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2026\/09\/CashcoFinancial_Supplied_450x250.png\" alt=\"Cashco Financial\" width=\"71\" height=\"40\" srcset=\"https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2026\/09\/CashcoFinancial_Supplied_450x250.png?fit=180 180w, https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2026\/09\/CashcoFinancial_Supplied_450x250.png?fit=213 213w\" sizes=\"(max-width: 213px) 100vw, 213px\" loading=\"lazy\"><\/td><td><div class=\"has-padding-xsmall\"><\/div><p style=\"font-size: 12pt;\"><strong>Best for flexible terms:<\/strong><\/p><\/td><td><div class=\"has-padding-xsmall\"><\/div><p style=\"font-size: 14pt;\"><a href=\"#cashcofinancial\"><strong>Cashco Financial Flex Loan<\/strong><\/a><\/p><\/td><\/tr><tr><td><img decoding=\"async\" class=\"aligncenter size-full wp-image-1084245\" title=\"Image: Blue Copper Capital\/Supplied\" src=\"https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2026\/09\/BlueCopperCapital_Supplied_450x250.png\" alt=\"Blue Copper Capital\" width=\"71\" height=\"40\" srcset=\"https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2026\/09\/BlueCopperCapital_Supplied_450x250.png?fit=180 180w, https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2026\/09\/BlueCopperCapital_Supplied_450x250.png?fit=213 213w\" sizes=\"(max-width: 213px) 100vw, 213px\" loading=\"lazy\"><\/td><td><div class=\"has-padding-xsmall\"><\/div><p style=\"font-size: 12pt;\"><strong>Best for progressing to better rates:<\/strong><\/p><\/td><td><div class=\"has-padding-xsmall\"><\/div><p style=\"font-size: 14pt;\"><a href=\"#bluecoppercapital\"><strong>Blue Copper Capital Personal Loan<\/strong><\/a><\/p><\/td><\/tr><tr><td><img decoding=\"async\" class=\"aligncenter size-full wp-image-1084247\" title=\"Image: FatCat Loans\/Supplied\" src=\"https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2026\/09\/FatCatLoans_Supplied_450x250.jpg\" alt=\"FatCat Loans\" width=\"71\" height=\"40\" srcset=\"https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2026\/09\/FatCatLoans_Supplied_450x250.jpg?fit=180 180w, https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2026\/09\/FatCatLoans_Supplied_450x250.jpg?fit=213 213w\" sizes=\"(max-width: 213px) 100vw, 213px\" loading=\"lazy\"><\/td><td><div class=\"has-padding-xsmall\"><\/div><p style=\"font-size: 12pt;\"><strong>Best for bad credit:<\/strong><\/p><\/td><td><div class=\"has-padding-xsmall\"><\/div><p style=\"font-size: 14pt;\"><a href=\"#fatcatloans\"><strong>Fat Cat Loans Personal Loan<\/strong><\/a><\/p><\/td><\/tr><\/tbody><\/table><p><img decoding=\"async\" class=\"alignnone wp-image-949055\" title=\"Image: Supplied\" src=\"https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2019\/01\/SpringLogo_supplied_250x100.png\" alt=\"Spring Logo\" width=\"205\" height=\"82\" srcset=\"https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2019\/01\/SpringLogo_supplied_250x100.png?fit=180 180w, https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2019\/01\/SpringLogo_supplied_250x100.png?fit=360 360w, https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2019\/01\/SpringLogo_supplied_250x100.png?fit=600 600w, https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2019\/01\/SpringLogo_supplied_250x100.png?fit=615 615w\" sizes=\"(max-width: 615px) 100vw, 615px\" loading=\"lazy\"><\/p><h3 id=\"springfinancial\">1. Spring Financial: Best for online funding<\/h3><div class=\"box\"><h4><strong>Why it\u2019s one of the best<\/strong><\/h4><p>With headquarters in downtown Vancouver, Spring joins the ranks of online-only lenders, so you\u2019ll go through the entire application and approval process completely online. It is one of the most established direct online lenders in Canada. Receive a phone call right after you apply, and get your loan funds as soon as the same day.<\/p><p>However, if you don\u2019t qualify for an installment loan, Spring Financial might promote its credit builder loan instead, called \u201cThe Foundation.\u201d With this loan, you won\u2019t receive any of the money until you make all your on-time payments plus interest. If you miss a payment or more, you won\u2019t qualify to receive the money at all, and you won\u2019t get a refund of the payments you\u2019ve made so far.<\/p><p style=\"text-align: center;\"><a target=\"_blank\" rel=\"sponsored\" href=\"https:\/\/www.finder.com\/redirect\/ca\/personal-loans\/spring-financial-personal-loan-ca-secure.html?nb=1&amp;src_country=ca&amp;redirect_tracking_params=%7B%22placement_type%22%3A%22product_link%22%2C%22title%22%3A%22Go%2Bto%2Bsite%22%2C%22site%22%3A%22CAFPL%22%2C%22class%22%3A%22luna-button%2Bluna-button--large%2Bluna-button--success%22%2C%22offer_id%22%3A%2219898%22%2C%22niche_code%22%3A%22CAFPL%22%2C%22product_id%22%3A%22eaaf66e3-6e5c-4fe3-a7f7-76f5e7410de7%22%2C%22product_name%22%3A%22Spring%2BFinancial%2BPersonal%2BLoan%22%2C%22provider_id%22%3A%22cc20aa09-5252-4493-895e-a57261c5361b%22%2C%22provider_name%22%3A%22Spring%2BFinancial%22%2C%22post_id%22%3A%22872934%22%2C%22post_path%22%3A%22personal-loans%252Fbest-installment-loans%22%2C%22post_country%22%3A%22ca%22%7D\" class=\"luna-button luna-button--large luna-button--success\">Go to site<\/a><\/p><\/div><ul class=\"luna-accordionGroup accordionGroup\"><li class=\"luna-accordion\" data-accordion=\"accordion\">\n  <div class=\"luna-accordion__summary\">\n    <h4 class=\"luna-accordion__heading\">\n      <button class=\"luna-accordion__action collapsed\" aria-expanded=\"false\" aria-controls=\"accordion0000000000\" data-toggle=\"collapse\" data-target=\"#accordion0000000000\">\n        <span class=\"luna-accordion__title\">Loan details<\/span>\n        <svg class=\"luna-icon\" aria-hidden=\"true\">\n          <use xlink:href=\"#chevron-down\" data-accordion-icon=\"show\"><\/use>\n          <use xlink:href=\"#chevron-up\" data-accordion-icon=\"hide\" class=\"is-hidden\"><\/use>\n        <\/svg>\n      <\/button>\n    <\/h4>\n  <\/div>\n  <div class=\"luna-accordion__details collapse\" aria-hidden=\"true\" id=\"accordion0000000000\" data-accordion=\"details\">\n    <div class=\"accordionContent\"><ul><li><strong>Loan amount:<\/strong> $500 \u2013 $35,000<\/li><li><strong>Loan term:<\/strong> 6 - 84 months<\/li><li><strong>APR:<\/strong> 9.99% - 34.95%<span class=\"table-popover\" rel=\"popover\" data-content=\"Interest rates shown reflect the Annual Percentage Rate (APR) range currently advertised by the lender and are subject to change anytime, without notice. Finder does not guarantee that the figures shown will continue to be accurate or current. Figures shown are solely intended to be indicative and for general informational purposes only. Confirm the actual rates currently offered with the lender directly. Your exact rate, if any is offered to you, will be determined solely by the lender based on its assessment of your loan application, which is subject to the lender\u2019s terms and conditions and credit criteria.\" title=\"\" data-original-title=\"\"><\/span><\/li><li><strong>Serviced provinces:<\/strong> All of Canada<\/li><li><strong>Eligibility requirements:<\/strong> Min. income of $2,000 \/month, 3+ months employed<\/li><\/ul><\/div>\n  <\/div>\n<\/li><li class=\"luna-accordion\" data-accordion=\"accordion\">\n  <div class=\"luna-accordion__summary\">\n    <h4 class=\"luna-accordion__heading\">\n      <button class=\"luna-accordion__action collapsed\" aria-expanded=\"false\" aria-controls=\"accordion0000000001\" data-toggle=\"collapse\" data-target=\"#accordion0000000001\">\n        <span class=\"luna-accordion__title\">Pros and cons<\/span>\n        <svg class=\"luna-icon\" aria-hidden=\"true\">\n          <use xlink:href=\"#chevron-down\" data-accordion-icon=\"show\"><\/use>\n          <use xlink:href=\"#chevron-up\" data-accordion-icon=\"hide\" class=\"is-hidden\"><\/use>\n        <\/svg>\n      <\/button>\n    <\/h4>\n  <\/div>\n  <div class=\"luna-accordion__details collapse\" aria-hidden=\"true\" id=\"accordion0000000001\" data-accordion=\"details\">\n    <div class=\"accordionContent\"><div class=\"fin-pros-cons\">\n            <div class=\"fin-pros-cons__section\">\n            <h4 class=\"fin-pros-cons__heading\">Pros<\/h4>\n            <ul class=\"icon-list icon-list--check-circle\">\n                                    <li>Quick online process<\/li>\n                                    <li>Flexible loan amounts and loan terms<\/li>\n                                    <li>No early repayment penalties<\/li>\n                                    <li>High Trustpilot score<\/li>\n                            <\/ul>\n        <\/div>\n    \n            <div class=\"fin-pros-cons__section\">\n            <h4 class=\"fin-pros-cons__heading\">Cons<\/h4>\n            <ul class=\"icon-list icon-list--x-circle\">\n                                    <li>Steep maximum interest rates (35%) for fair to bad credit<\/li>\n                                    <li>Some complaints about pushy or unhelpful customer service<\/li>\n                                    <li>C- BBB rating<\/li>\n                            <\/ul>\n        <\/div>\n    <\/div>\n<\/div>\n  <\/div>\n<\/li><\/ul><p><a class=\"more-link-arrow\" title=\"Dive deeper\" href=\"https:\/\/www.finder.com\/ca\/personal-loans\/spring-financial-personal-loan-review\">Spring Financial review<\/a><\/p><p><img decoding=\"async\" class=\" size-full wp-image-949059\" title=\"Image: Supplied\" src=\"https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2019\/01\/LoansCanada_Supplied_250x100.png\" alt=\"Loans Canada\" width=\"250\" height=\"100\" srcset=\"https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2019\/01\/LoansCanada_Supplied_250x100.png?fit=180 180w, https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2019\/01\/LoansCanada_Supplied_250x100.png?fit=360 360w, https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2019\/01\/LoansCanada_Supplied_250x100.png?fit=600 600w, https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2019\/01\/LoansCanada_Supplied_250x100.png?fit=750 750w\" sizes=\"(max-width: 750px) 100vw, 750px\" loading=\"lazy\"><\/p><h3 id=\"loanscanada\">2. Loans Canada: Best for all credit<\/h3><div class=\"box\"><h4>Why it\u2019s one of the best<\/h4><p>Loans Canada is a loan search platform with the largest lender network in Canada, so your application will be cast wide to suitable lenders across the country. It helps people in all credit situations, whether you have good credit, bad credit or a history of bankruptcy. Established in 2012, Loans Canada is accredited by the BBB with an A+ rating.<\/p><p style=\"text-align: center;\"><a target=\"_blank\" rel=\"sponsored\" href=\"https:\/\/www.finder.com\/redirect\/ca\/personal-loans\/loans-canada-installment-loan-ca-personal-loan-secure.html?nb=1&amp;src_country=ca&amp;redirect_tracking_params=%7B%22placement_type%22%3A%22product_link%22%2C%22title%22%3A%22Go%2Bto%2Bsite%22%2C%22site%22%3A%22CAFPL%22%2C%22class%22%3A%22luna-button%2Bluna-button--large%2Bluna-button--success%2B%22%2C%22offer_id%22%3A%2217711%22%2C%22niche_code%22%3A%22CAFPL%22%2C%22product_id%22%3A%227554d6fa-1e55-4921-b9ca-3455c3e4ae14%22%2C%22product_name%22%3A%22Loans%2BCanada%2BInstallment%2BLoan%22%2C%22provider_id%22%3A%2222495a20-537f-4e7e-beec-8f771582bcb8%22%2C%22provider_name%22%3A%22Loans%2BCanada%22%2C%22post_id%22%3A%22872934%22%2C%22post_path%22%3A%22personal-loans%252Fbest-installment-loans%22%2C%22post_country%22%3A%22ca%22%7D\" class=\"luna-button luna-button--large luna-button--success \">Go to site<\/a><\/p><\/div><ul class=\"luna-accordionGroup accordionGroup\"><li class=\"luna-accordion\" data-accordion=\"accordion\">\n  <div class=\"luna-accordion__summary\">\n    <h4 class=\"luna-accordion__heading\">\n      <button class=\"luna-accordion__action collapsed\" aria-expanded=\"false\" aria-controls=\"accordion0000000002\" data-toggle=\"collapse\" data-target=\"#accordion0000000002\">\n        <span class=\"luna-accordion__title\">Loan details<\/span>\n        <svg class=\"luna-icon\" aria-hidden=\"true\">\n          <use xlink:href=\"#chevron-down\" data-accordion-icon=\"show\"><\/use>\n          <use xlink:href=\"#chevron-up\" data-accordion-icon=\"hide\" class=\"is-hidden\"><\/use>\n        <\/svg>\n      <\/button>\n    <\/h4>\n  <\/div>\n  <div class=\"luna-accordion__details collapse\" aria-hidden=\"true\" id=\"accordion0000000002\" data-accordion=\"details\">\n    <div class=\"accordionContent\"><ul><li><strong>Loan amount:<\/strong> $500 \u2013 $50,000<\/li><li><strong>Loan term:<\/strong> 3 - 60 months<\/li><li><strong>APR:<\/strong> 9.99% - 35.00%<span class=\"table-popover\" rel=\"popover\" data-content=\"Interest rates shown reflect the Annual Percentage Rate (APR) range currently advertised by the lender and are subject to change anytime, without notice. Finder does not guarantee that the figures shown will continue to be accurate or current. Figures shown are solely intended to be indicative and for general informational purposes only. Confirm the actual rates currently offered with the lender directly. Your exact rate, if any is offered to you, will be determined solely by the lender based on its assessment of your loan application, which is subject to the lender\u2019s terms and conditions and credit criteria.\" title=\"\" data-original-title=\"\"><\/span><\/li><li><strong>Serviced provinces:<\/strong> All of Canada<\/li><li><strong>Eligibility requirements:<\/strong> Steady source of income<\/li><\/ul><\/div>\n  <\/div>\n<\/li><li class=\"luna-accordion\" data-accordion=\"accordion\">\n  <div class=\"luna-accordion__summary\">\n    <h4 class=\"luna-accordion__heading\">\n      <button class=\"luna-accordion__action collapsed\" aria-expanded=\"false\" aria-controls=\"accordion0000000003\" data-toggle=\"collapse\" data-target=\"#accordion0000000003\">\n        <span class=\"luna-accordion__title\">Pros and cons<\/span>\n        <svg class=\"luna-icon\" aria-hidden=\"true\">\n          <use xlink:href=\"#chevron-down\" data-accordion-icon=\"show\"><\/use>\n          <use xlink:href=\"#chevron-up\" data-accordion-icon=\"hide\" class=\"is-hidden\"><\/use>\n        <\/svg>\n      <\/button>\n    <\/h4>\n  <\/div>\n  <div class=\"luna-accordion__details collapse\" aria-hidden=\"true\" id=\"accordion0000000003\" data-accordion=\"details\">\n    <div class=\"accordionContent\"><div class=\"fin-pros-cons\">\n            <div class=\"fin-pros-cons__section\">\n            <h4 class=\"fin-pros-cons__heading\">Pros<\/h4>\n            <ul class=\"icon-list icon-list--check-circle\">\n                                    <li>Quick approvals and funding process<\/li>\n                                    <li>Free online platform and application<\/li>\n                                    <li>Bad credit doesn't matter<\/li>\n                                    <li>High loan amounts with no collateral required<\/li>\n                            <\/ul>\n        <\/div>\n    \n            <div class=\"fin-pros-cons__section\">\n            <h4 class=\"fin-pros-cons__heading\">Cons<\/h4>\n            <ul class=\"icon-list icon-list--x-circle\">\n                                    <li>High interest rates for bad credit (up to 35%)<\/li>\n                                    <li>Not a direct lender<\/li>\n                                    <li>Personal information forwarded to third-party direct lenders<\/li>\n                            <\/ul>\n        <\/div>\n    <\/div>\n<\/div>\n  <\/div>\n<\/li><\/ul><p><a class=\"more-link-arrow\" title=\"Dive deeper\" href=\"https:\/\/www.finder.com\/ca\/personal-loans\/loans-canada-personal-loan-review\">Loans Canada review<\/a><\/p><p><img decoding=\"async\" class=\"wp-image-910176 alignnone\" title=\"Image: Supplied\" src=\"https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2021\/04\/LoanConnect_Supplied_350x113.jpg\" alt=\"LoanConnect\" width=\"282\" height=\"91\" srcset=\"https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2021\/04\/LoanConnect_Supplied_350x113.jpg?fit=180 180w, https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2021\/04\/LoanConnect_Supplied_350x113.jpg?fit=360 360w, https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2021\/04\/LoanConnect_Supplied_350x113.jpg?fit=600 600w, https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2021\/04\/LoanConnect_Supplied_350x113.jpg?fit=846 846w\" sizes=\"(max-width: 846px) 100vw, 846px\" loading=\"lazy\"><\/p><h3 id=\"loanconnect\">3. LoanConnect: Best for comparing offers<\/h3><div class=\"box\"><h4><strong>Why it\u2019s one of the best<\/strong><\/h4><p>Ontario-based LoanConnect isn\u2019t a direct lender but an online loan search platform. Fill out one application and get multiple offers. Borrowers of all credit types can apply\u2014ultimately, LoanConnect\u2019s goal is to pair you with lenders who are willing to provide an installment loan, even if you\u2019ve been denied by banks. LoanConnect is also a registered business with BBB accreditation and an A+ rating.<\/p><p style=\"text-align: center;\"><a target=\"_blank\" rel=\"sponsored\" href=\"https:\/\/www.finder.com\/redirect\/ca\/personal-loans\/loanconnect-personal-loan-ca-secure.html?nb=1&amp;src_country=ca&amp;redirect_tracking_params=%7B%22placement_type%22%3A%22product_link%22%2C%22title%22%3A%22Go%2Bto%2Bsite%22%2C%22site%22%3A%22CAFPL%22%2C%22class%22%3A%22luna-button%2Bluna-button--large%2Bluna-button--success%22%2C%22offer_id%22%3A%2215388%22%2C%22niche_code%22%3A%22CAFPL%22%2C%22product_id%22%3A%227fd7d7fc-e864-45a9-b585-bfadfd222da4%22%2C%22product_name%22%3A%22LoanConnect%2BPersonal%2BLoan%22%2C%22provider_id%22%3A%22a95b0463-1871-4f05-98ce-2bd750cc8d80%22%2C%22provider_name%22%3A%22LoanConnect%22%2C%22post_id%22%3A%22872934%22%2C%22post_path%22%3A%22personal-loans%252Fbest-installment-loans%22%2C%22post_country%22%3A%22ca%22%7D\" class=\"luna-button luna-button--large luna-button--success\">Go to site<\/a><\/p><\/div><ul class=\"luna-accordionGroup accordionGroup\"><li class=\"luna-accordion\" data-accordion=\"accordion\">\n  <div class=\"luna-accordion__summary\">\n    <h4 class=\"luna-accordion__heading\">\n      <button class=\"luna-accordion__action collapsed\" aria-expanded=\"false\" aria-controls=\"accordion0000000004\" data-toggle=\"collapse\" data-target=\"#accordion0000000004\">\n        <span class=\"luna-accordion__title\">Loan details<\/span>\n        <svg class=\"luna-icon\" aria-hidden=\"true\">\n          <use xlink:href=\"#chevron-down\" data-accordion-icon=\"show\"><\/use>\n          <use xlink:href=\"#chevron-up\" data-accordion-icon=\"hide\" class=\"is-hidden\"><\/use>\n        <\/svg>\n      <\/button>\n    <\/h4>\n  <\/div>\n  <div class=\"luna-accordion__details collapse\" aria-hidden=\"true\" id=\"accordion0000000004\" data-accordion=\"details\">\n    <div class=\"accordionContent\"><ul><li><strong>Loan amount:<\/strong> $500 \u2013 $60,000<\/li><li><strong>Loan term:<\/strong> 3 - 120 months<\/li><li><strong>APR:<\/strong> 8.99% - 35.00% <span class=\"table-popover\" rel=\"popover\" data-content=\"Interest rates shown reflect the Annual Percentage Rate (APR) range currently advertised by the lender and are subject to change anytime, without notice. Finder does not guarantee that the figures shown will continue to be accurate or current. Figures shown are solely intended to be indicative and for general informational purposes only. Confirm the actual rates currently offered with the lender directly. Your exact rate, if any is offered to you, will be determined solely by the lender based on its assessment of your loan application, which is subject to the lender\u2019s terms and conditions and credit criteria.\" title=\"\" data-original-title=\"\"><\/span><\/li><li><strong>Serviced provinces:<\/strong> All of Canada<\/li><li><strong>Eligibility requirements:<\/strong> Current debts must total less than 60% of income<\/li><\/ul><\/div>\n  <\/div>\n<\/li><li class=\"luna-accordion\" data-accordion=\"accordion\">\n  <div class=\"luna-accordion__summary\">\n    <h4 class=\"luna-accordion__heading\">\n      <button class=\"luna-accordion__action collapsed\" aria-expanded=\"false\" aria-controls=\"accordion0000000005\" data-toggle=\"collapse\" data-target=\"#accordion0000000005\">\n        <span class=\"luna-accordion__title\">Pros and cons<\/span>\n        <svg class=\"luna-icon\" aria-hidden=\"true\">\n          <use xlink:href=\"#chevron-down\" data-accordion-icon=\"show\"><\/use>\n          <use xlink:href=\"#chevron-up\" data-accordion-icon=\"hide\" class=\"is-hidden\"><\/use>\n        <\/svg>\n      <\/button>\n    <\/h4>\n  <\/div>\n  <div class=\"luna-accordion__details collapse\" aria-hidden=\"true\" id=\"accordion0000000005\" data-accordion=\"details\">\n    <div class=\"accordionContent\"><div class=\"fin-pros-cons\">\n            <div class=\"fin-pros-cons__section\">\n            <h4 class=\"fin-pros-cons__heading\">Pros<\/h4>\n            <ul class=\"icon-list icon-list--check-circle\">\n                                    <li>Easy to compare multiple loan options<\/li>\n                                    <li>Quick access to funds within 24 to 48 hours<\/li>\n                                    <li>Bad credit doesn't matter<\/li>\n                                    <li>Transparent loan contracts and fees<\/li>\n                            <\/ul>\n        <\/div>\n    \n            <div class=\"fin-pros-cons__section\">\n            <h4 class=\"fin-pros-cons__heading\">Cons<\/h4>\n            <ul class=\"icon-list icon-list--x-circle\">\n                                    <li>High interest rates for bad credit (up to 35%)<\/li>\n                                    <li>Not a direct lender<\/li>\n                                    <li>Limited only to partnered lenders<\/li>\n                                    <li>No bricks and mortar location, online only<\/li>\n                            <\/ul>\n        <\/div>\n    <\/div>\n<\/div>\n  <\/div>\n<\/li><\/ul><a class=\"more-link-arrow\" title=\"Dive deeper\" href=\"https:\/\/www.finder.com\/ca\/personal-loans\/loanconnect-personal-loan\">LoanConnect review<\/a><p><img decoding=\"async\" class=\"alignnone wp-image-1065462\" title=\"Image: Supplied\" src=\"https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2020\/08\/GreenLoansLogo_Supplied_300x150.png\" alt=\"Green Loans\" width=\"330\" height=\"110\" srcset=\"https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2020\/08\/GreenLoansLogo_Supplied_300x150.png?fit=180 180w, https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2020\/08\/GreenLoansLogo_Supplied_300x150.png?fit=360 360w, https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2020\/08\/GreenLoansLogo_Supplied_300x150.png?fit=600 600w, https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2020\/08\/GreenLoansLogo_Supplied_300x150.png?fit=900 900w, https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2020\/08\/GreenLoansLogo_Supplied_300x150.png?fit=990 990w\" sizes=\"(max-width: 990px) 100vw, 990px\" loading=\"lazy\"><\/p><h3 id=\"greenloans\">4. Green Loans: Best for short-term installment loans with no credit check<\/h3><div class=\"box\"><h4><strong>Why it\u2019s one of the best<\/strong><\/h4><p>Green Loans is a broker of short-term installment loans. It\u2019s operated by NCR Financial, which has been in business for over 15 years. This provider is best for emergency funding and for avoiding payday loans.<\/p><p>The flexibility of Green Loans\u2019 eligibility requirements makes it one of the best in its category. It\u2019s open to many types of non-employment income, such as government disability, private disability, private pension, CPP, OAS, welfare, CCB and workers\u2019 compensation. Credit checks are not required, so it\u2019s possible to apply and get approved with bad credit. You can also get your installment loan within 24 hours. However, watch out for a broker fee in the hundreds.<\/p><p style=\"text-align: center;\"><\/p><\/div><ul class=\"luna-accordionGroup accordionGroup\"><li class=\"luna-accordion\" data-accordion=\"accordion\">\n  <div class=\"luna-accordion__summary\">\n    <h4 class=\"luna-accordion__heading\">\n      <button class=\"luna-accordion__action collapsed\" aria-expanded=\"false\" aria-controls=\"accordion0000000006\" data-toggle=\"collapse\" data-target=\"#accordion0000000006\">\n        <span class=\"luna-accordion__title\">Loan details<\/span>\n        <svg class=\"luna-icon\" aria-hidden=\"true\">\n          <use xlink:href=\"#chevron-down\" data-accordion-icon=\"show\"><\/use>\n          <use xlink:href=\"#chevron-up\" data-accordion-icon=\"hide\" class=\"is-hidden\"><\/use>\n        <\/svg>\n      <\/button>\n    <\/h4>\n  <\/div>\n  <div class=\"luna-accordion__details collapse\" aria-hidden=\"true\" id=\"accordion0000000006\" data-accordion=\"details\">\n    <div class=\"accordionContent\"><ul><li><strong>Loan amount:<\/strong> $300 \u2013 $1,000<\/li><li><strong>Loan term:<\/strong> 3 - 12 months<\/li><li><strong>APR:<\/strong> 22.00% - 35.00%<span class=\"table-popover\" rel=\"popover\" data-content=\"Interest rates shown reflect the Annual Percentage Rate (APR) range currently advertised by the lender and are subject to change anytime, without notice. Finder does not guarantee that the figures shown will continue to be accurate or current. Figures shown are solely intended to be indicative and for general informational purposes only. Confirm the actual rates currently offered with the lender directly. Your exact rate, if any is offered to you, will be determined solely by the lender based on its assessment of your loan application, which is subject to the lender\u2019s terms and conditions and credit criteria.\" title=\"\" data-original-title=\"\"><\/span> + broker fee<\/li><li><strong>Serviced provinces:<\/strong> all provinces except Manitoba and Alberta<\/li><li><strong>Eligibility requirements:<\/strong> \u2022 Share banking access via our secure IBV system (Instant Banking Verification) <br>\u2022 Have a Canadian bank account open for 90+ days with online access <br>\u2022 Be a Canadian citizen or permanent resident with a job <br>\u2022 Be 18 or older (or provincial age of majority) <br>\u2022 Earn at least $1,200 monthly in net income <br>\u2022 Provide a valid phone number, email, and home address <br>\u2022 You must not be in a bankruptcy or a consumer proposal. <br>\u2022 You must not be planning to declare bankruptcy or a consumer proposal.<\/li><\/ul><\/div>\n  <\/div>\n<\/li><li class=\"luna-accordion\" data-accordion=\"accordion\">\n  <div class=\"luna-accordion__summary\">\n    <h4 class=\"luna-accordion__heading\">\n      <button class=\"luna-accordion__action collapsed\" aria-expanded=\"false\" aria-controls=\"accordion0000000007\" data-toggle=\"collapse\" data-target=\"#accordion0000000007\">\n        <span class=\"luna-accordion__title\">Pros and cons<\/span>\n        <svg class=\"luna-icon\" aria-hidden=\"true\">\n          <use xlink:href=\"#chevron-down\" data-accordion-icon=\"show\"><\/use>\n          <use xlink:href=\"#chevron-up\" data-accordion-icon=\"hide\" class=\"is-hidden\"><\/use>\n        <\/svg>\n      <\/button>\n    <\/h4>\n  <\/div>\n  <div class=\"luna-accordion__details collapse\" aria-hidden=\"true\" id=\"accordion0000000007\" data-accordion=\"details\">\n    <div class=\"accordionContent\"><div class=\"fin-pros-cons\">\n            <div class=\"fin-pros-cons__section\">\n            <h4 class=\"fin-pros-cons__heading\">Pros<\/h4>\n            <ul class=\"icon-list icon-list--check-circle\">\n                                    <li>Bad credit is okay<\/li>\n                                    <li>Fast approval and funding<\/li>\n                                    <li>Easy requirements<\/li>\n                                    <li>Repay in installments<\/li>\n                            <\/ul>\n        <\/div>\n    \n            <div class=\"fin-pros-cons__section\">\n            <h4 class=\"fin-pros-cons__heading\">Cons<\/h4>\n            <ul class=\"icon-list icon-list--x-circle\">\n                                    <li>Very expensive<\/li>\n                                    <li>Unclear broker fees<\/li>\n                            <\/ul>\n        <\/div>\n    <\/div>\n<\/div>\n  <\/div>\n<\/li><\/ul><p><a class=\"more-link-arrow\" title=\"Dive deeper\" href=\"https:\/\/www.finder.com\/ca\/personal-loans\/green-loans-review\">Green Loans.ca review<\/a><\/p><p><img decoding=\"async\" class=\"alignnone wp-image-979941\" title=\"Image: Supplied\" src=\"https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2022\/03\/easyfinancialLogo_Supplied_300x81.png\" alt=\"Esy Financial logo\" width=\"259\" height=\"70\" srcset=\"https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2022\/03\/easyfinancialLogo_Supplied_300x81.png?fit=180 180w, https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2022\/03\/easyfinancialLogo_Supplied_300x81.png?fit=360 360w, https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2022\/03\/easyfinancialLogo_Supplied_300x81.png?fit=600 600w, https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2022\/03\/easyfinancialLogo_Supplied_300x81.png?fit=777 777w\" sizes=\"(max-width: 777px) 100vw, 777px\" loading=\"lazy\"><\/p><h3 id=\"easyfinancial\">5. easyfinancial: Best for borrowers who want to apply to a big lender<\/h3><div class=\"box\"><h4><strong>Why it\u2019s one of the best<\/strong><\/h4><p>easyfinancial is one of the largest alternative lenders in Canada, with over 400 locations across the country as well as an online application process. It\u2019s been providing installment loans for over 18 years. You can get approval in as little as 10 minutes, and if you change your mind about the loan, you have 14 days to return it, which is a benefit that very few lenders offer. easyfinancial also says that one in three of their customers graduate to prime rates.<\/p><p style=\"text-align: center;\"><\/p><\/div><ul class=\"luna-accordionGroup accordionGroup\"><li class=\"luna-accordion\" data-accordion=\"accordion\">\n  <div class=\"luna-accordion__summary\">\n    <h4 class=\"luna-accordion__heading\">\n      <button class=\"luna-accordion__action collapsed\" aria-expanded=\"false\" aria-controls=\"accordion0000000008\" data-toggle=\"collapse\" data-target=\"#accordion0000000008\">\n        <span class=\"luna-accordion__title\">Loan details<\/span>\n        <svg class=\"luna-icon\" aria-hidden=\"true\">\n          <use xlink:href=\"#chevron-down\" data-accordion-icon=\"show\"><\/use>\n          <use xlink:href=\"#chevron-up\" data-accordion-icon=\"hide\" class=\"is-hidden\"><\/use>\n        <\/svg>\n      <\/button>\n    <\/h4>\n  <\/div>\n  <div class=\"luna-accordion__details collapse\" aria-hidden=\"true\" id=\"accordion0000000008\" data-accordion=\"details\">\n    <div class=\"accordionContent\"><ul><li><strong>Loan amount:<\/strong> $500 \u2013 $150,000<\/li><li><strong>Loan term:<\/strong> 9 - 240 months<\/li><li><strong>APR:<\/strong> 9.99% - 35.00%<span class=\"table-popover\" rel=\"popover\" data-content=\"Interest rates shown reflect the Annual Percentage Rate (APR) range currently advertised by the lender and are subject to change anytime, without notice. Finder does not guarantee that the figures shown will continue to be accurate or current. Figures shown are solely intended to be indicative and for general informational purposes only. Confirm the actual rates currently offered with the lender directly. Your exact rate, if any is offered to you, will be determined solely by the lender based on its assessment of your loan application, which is subject to the lender\u2019s terms and conditions and credit criteria.\" title=\"\" data-original-title=\"\"><\/span><\/li><li><strong>Serviced provinces:<\/strong> All provinces<\/li><li><strong>Eligibility requirements:<\/strong> Min. $1,200 monthly income<\/li><\/ul><\/div>\n  <\/div>\n<\/li><li class=\"luna-accordion\" data-accordion=\"accordion\">\n  <div class=\"luna-accordion__summary\">\n    <h4 class=\"luna-accordion__heading\">\n      <button class=\"luna-accordion__action collapsed\" aria-expanded=\"false\" aria-controls=\"accordion0000000009\" data-toggle=\"collapse\" data-target=\"#accordion0000000009\">\n        <span class=\"luna-accordion__title\">Pros and cons<\/span>\n        <svg class=\"luna-icon\" aria-hidden=\"true\">\n          <use xlink:href=\"#chevron-down\" data-accordion-icon=\"show\"><\/use>\n          <use xlink:href=\"#chevron-up\" data-accordion-icon=\"hide\" class=\"is-hidden\"><\/use>\n        <\/svg>\n      <\/button>\n    <\/h4>\n  <\/div>\n  <div class=\"luna-accordion__details collapse\" aria-hidden=\"true\" id=\"accordion0000000009\" data-accordion=\"details\">\n    <div class=\"accordionContent\"><div class=\"fin-pros-cons\">\n            <div class=\"fin-pros-cons__section\">\n            <h4 class=\"fin-pros-cons__heading\">Pros<\/h4>\n            <ul class=\"icon-list icon-list--check-circle\">\n                                    <li>Flexible loan amounts and loan terms<\/li>\n                                    <li>No fees to pay off your loan early<\/li>\n                                    <li>Secured and unsecured loans available<\/li>\n                                    <li>BBB-accredited with A+ rating<\/li>\n                            <\/ul>\n        <\/div>\n    \n            <div class=\"fin-pros-cons__section\">\n            <h4 class=\"fin-pros-cons__heading\">Cons<\/h4>\n            <ul class=\"icon-list icon-list--x-circle\">\n                                    <li>Interest rates as high as 35%<\/li>\n                            <\/ul>\n        <\/div>\n    <\/div>\n<\/div>\n  <\/div>\n<\/li><\/ul><p><a class=\"more-link-arrow\" title=\"Dive deeper\" href=\"https:\/\/www.finder.com\/ca\/personal-loans\/easy-financial\">easyfinancial review<\/a><\/p><p><img decoding=\"async\" class=\"alignnone wp-image-1033452\" title=\"Image: Supplied\" src=\"https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2024\/03\/FairstoneLogo_300x100.jpg\" alt=\"Fairstone Logo\" width=\"267\" height=\"89\" srcset=\"https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2024\/03\/FairstoneLogo_300x100.jpg?fit=180 180w, https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2024\/03\/FairstoneLogo_300x100.jpg?fit=360 360w, https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2024\/03\/FairstoneLogo_300x100.jpg?fit=600 600w, https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2024\/03\/FairstoneLogo_300x100.jpg?fit=801 801w\" sizes=\"(max-width: 801px) 100vw, 801px\" loading=\"lazy\"><\/p><h3 id=\"fairstone\">6. Fairstone: Best for quick, no-obligation quotes<\/h3><div class=\"box\"><h4><strong>Why it\u2019s one of the best<\/strong><\/h4><p>Fairstone is a well-known direct lender of installment loans in Canada with roots in the country since 1923 and 230+ branches from coast to coast. It offers unsecured loans, though secured loans are an option too. Its selling point is its speed. You can apply online in 10 minutes, get a quote without affecting your credit score, and receive your loan in as little as one day.<\/p><p style=\"text-align: center;\"><\/p><\/div><ul class=\"luna-accordionGroup accordionGroup\"><li class=\"luna-accordion\" data-accordion=\"accordion\">\n  <div class=\"luna-accordion__summary\">\n    <h4 class=\"luna-accordion__heading\">\n      <button class=\"luna-accordion__action collapsed\" aria-expanded=\"false\" aria-controls=\"accordion0000000010\" data-toggle=\"collapse\" data-target=\"#accordion0000000010\">\n        <span class=\"luna-accordion__title\">Loan details<\/span>\n        <svg class=\"luna-icon\" aria-hidden=\"true\">\n          <use xlink:href=\"#chevron-down\" data-accordion-icon=\"show\"><\/use>\n          <use xlink:href=\"#chevron-up\" data-accordion-icon=\"hide\" class=\"is-hidden\"><\/use>\n        <\/svg>\n      <\/button>\n    <\/h4>\n  <\/div>\n  <div class=\"luna-accordion__details collapse\" aria-hidden=\"true\" id=\"accordion0000000010\" data-accordion=\"details\">\n    <div class=\"accordionContent\"><ul><li><strong>Loan amount:<\/strong> $500 \u2013 $60,000<\/li><li><strong>Loan term:<\/strong> 6 months \u2013 120 months<\/li><li><strong>APR:<\/strong> 19.99% \u2013 34.99%<\/li><li><strong>Serviced provinces:<\/strong> All of Canada (excluding Nunavut)<\/li><li><strong>Eligibility requirements:<\/strong> Able to make monthly repayments, homeowner preferred<\/li><\/ul><\/div>\n  <\/div>\n<\/li><li class=\"luna-accordion\" data-accordion=\"accordion\">\n  <div class=\"luna-accordion__summary\">\n    <h4 class=\"luna-accordion__heading\">\n      <button class=\"luna-accordion__action collapsed\" aria-expanded=\"false\" aria-controls=\"accordion0000000011\" data-toggle=\"collapse\" data-target=\"#accordion0000000011\">\n        <span class=\"luna-accordion__title\">Pros and cons<\/span>\n        <svg class=\"luna-icon\" aria-hidden=\"true\">\n          <use xlink:href=\"#chevron-down\" data-accordion-icon=\"show\"><\/use>\n          <use xlink:href=\"#chevron-up\" data-accordion-icon=\"hide\" class=\"is-hidden\"><\/use>\n        <\/svg>\n      <\/button>\n    <\/h4>\n  <\/div>\n  <div class=\"luna-accordion__details collapse\" aria-hidden=\"true\" id=\"accordion0000000011\" data-accordion=\"details\">\n    <div class=\"accordionContent\"><div class=\"fin-pros-cons\">\n            <div class=\"fin-pros-cons__section\">\n            <h4 class=\"fin-pros-cons__heading\">Pros<\/h4>\n            <ul class=\"icon-list icon-list--check-circle\">\n                                    <li>Flexible loan amounts and loan terms<\/li>\n                                    <li>No early repayment penalties<\/li>\n                                    <li>Quick quotes<\/li>\n                            <\/ul>\n        <\/div>\n    \n            <div class=\"fin-pros-cons__section\">\n            <h4 class=\"fin-pros-cons__heading\">Cons<\/h4>\n            <ul class=\"icon-list icon-list--x-circle\">\n                                    <li>Interest rates as high as 34.99%<\/li>\n                                    <li>Potential for extra fees<\/li>\n                            <\/ul>\n        <\/div>\n    <\/div>\n<\/div>\n  <\/div>\n<\/li><\/ul><p><a class=\"more-link-arrow\" title=\"Dive deeper\" href=\"https:\/\/www.finder.com\/ca\/personal-loans\/fairstone\">Fairstone review<\/a><\/p><p><img decoding=\"async\" class=\"alignnone wp-image-1065449\" title=\"Image: Supplied\" src=\"https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2020\/08\/HeliumLoansLogo_Supplied_300x200.png\" alt=\"Helium Loans\" width=\"236\" height=\"157\" srcset=\"https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2020\/08\/HeliumLoansLogo_Supplied_300x200.png?fit=180 180w, https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2020\/08\/HeliumLoansLogo_Supplied_300x200.png?fit=360 360w, https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2020\/08\/HeliumLoansLogo_Supplied_300x200.png?fit=600 600w, https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2020\/08\/HeliumLoansLogo_Supplied_300x200.png?fit=708 708w\" sizes=\"(max-width: 708px) 100vw, 708px\" loading=\"lazy\"><\/p><h3 id=\"heliumloans\">7. Helium Loans: Best for borrowers who need a payday loan alternative<\/h3><div class=\"box\"><h4><strong>Why it\u2019s one of the best<\/strong><\/h4><p>Helium Loans is a direct lender that helps borrowers avoid payday loans by offering alternatives: personal loans, short-term installment loans and lines of credit. You can apply online, get an instant decision, and get an instant deposit via Interac e-Transfer. If you need some time, you can defer a payment for up to 14 days with no fees, which is a rare perk.<\/p><p style=\"text-align: center;\"><\/p><\/div><ul class=\"luna-accordionGroup accordionGroup\"><li class=\"luna-accordion\" data-accordion=\"accordion\">\n  <div class=\"luna-accordion__summary\">\n    <h4 class=\"luna-accordion__heading\">\n      <button class=\"luna-accordion__action collapsed\" aria-expanded=\"false\" aria-controls=\"accordion0000000012\" data-toggle=\"collapse\" data-target=\"#accordion0000000012\">\n        <span class=\"luna-accordion__title\">Loan details<\/span>\n        <svg class=\"luna-icon\" aria-hidden=\"true\">\n          <use xlink:href=\"#chevron-down\" data-accordion-icon=\"show\"><\/use>\n          <use xlink:href=\"#chevron-up\" data-accordion-icon=\"hide\" class=\"is-hidden\"><\/use>\n        <\/svg>\n      <\/button>\n    <\/h4>\n  <\/div>\n  <div class=\"luna-accordion__details collapse\" aria-hidden=\"true\" id=\"accordion0000000012\" data-accordion=\"details\">\n    <div class=\"accordionContent\"><ul><li><strong>Loan amount:<\/strong> $1,000 \u2013 $5,000<\/li><li><strong>Loan term:<\/strong> 1 - 3 years<\/li><li><strong>APR:<\/strong> Undisclosed<\/li><li><strong>Serviced provinces:<\/strong> All of Canada (excluding Quebec)<\/li><li><strong>Eligibility requirements:<\/strong> Currently employed, income of at least $2,000 after tax per month, have a bank account in good standing, credit score above 600 points<\/li><\/ul><\/div>\n  <\/div>\n<\/li><li class=\"luna-accordion\" data-accordion=\"accordion\">\n  <div class=\"luna-accordion__summary\">\n    <h4 class=\"luna-accordion__heading\">\n      <button class=\"luna-accordion__action collapsed\" aria-expanded=\"false\" aria-controls=\"accordion0000000013\" data-toggle=\"collapse\" data-target=\"#accordion0000000013\">\n        <span class=\"luna-accordion__title\">Pros and cons<\/span>\n        <svg class=\"luna-icon\" aria-hidden=\"true\">\n          <use xlink:href=\"#chevron-down\" data-accordion-icon=\"show\"><\/use>\n          <use xlink:href=\"#chevron-up\" data-accordion-icon=\"hide\" class=\"is-hidden\"><\/use>\n        <\/svg>\n      <\/button>\n    <\/h4>\n  <\/div>\n  <div class=\"luna-accordion__details collapse\" aria-hidden=\"true\" id=\"accordion0000000013\" data-accordion=\"details\">\n    <div class=\"accordionContent\"><div class=\"fin-pros-cons\">\n            <div class=\"fin-pros-cons__section\">\n            <h4 class=\"fin-pros-cons__heading\">Pros<\/h4>\n            <ul class=\"icon-list icon-list--check-circle\">\n                                    <li>Flexible loan amounts and loan terms<\/li>\n                                    <li>Fast, easy process<\/li>\n                            <\/ul>\n        <\/div>\n    \n            <div class=\"fin-pros-cons__section\">\n            <h4 class=\"fin-pros-cons__heading\">Cons<\/h4>\n            <ul class=\"icon-list icon-list--x-circle\">\n                                    <li>High interest rates<\/li>\n                            <\/ul>\n        <\/div>\n    <\/div>\n<\/div>\n  <\/div>\n<\/li><\/ul><p><img decoding=\"async\" class=\"alignnone wp-image-1060088\" title=\"Image: Supplied\" src=\"https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2020\/07\/CashcoLogo_Supplied_300x100.png\" alt=\"Cashco\" width=\"237\" height=\"79\" srcset=\"https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2020\/07\/CashcoLogo_Supplied_300x100.png?fit=180 180w, https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2020\/07\/CashcoLogo_Supplied_300x100.png?fit=360 360w, https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2020\/07\/CashcoLogo_Supplied_300x100.png?fit=600 600w, https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2020\/07\/CashcoLogo_Supplied_300x100.png?fit=711 711w\" sizes=\"(max-width: 711px) 100vw, 711px\" loading=\"lazy\"><\/p><h3 id=\"cashcofinancial\">8. Cashco Financial: Best for flexible terms<\/h3><div class=\"box\"><h4><strong>Why it\u2019s one of the best<\/strong><\/h4><p>Alberta-based Cashco has decades of experience in providing fast installment loans with flexible terms. You can choose terms that best suit your needs and get your funds within 24 hours of submitting your application. This lender is also open to bad credit scores and several forms of income, such as government benefits and private pensions.<\/p><p style=\"text-align: center;\"><\/p><\/div><ul class=\"luna-accordionGroup accordionGroup\"><li class=\"luna-accordion\" data-accordion=\"accordion\">\n  <div class=\"luna-accordion__summary\">\n    <h4 class=\"luna-accordion__heading\">\n      <button class=\"luna-accordion__action collapsed\" aria-expanded=\"false\" aria-controls=\"accordion0000000014\" data-toggle=\"collapse\" data-target=\"#accordion0000000014\">\n        <span class=\"luna-accordion__title\">Loan details<\/span>\n        <svg class=\"luna-icon\" aria-hidden=\"true\">\n          <use xlink:href=\"#chevron-down\" data-accordion-icon=\"show\"><\/use>\n          <use xlink:href=\"#chevron-up\" data-accordion-icon=\"hide\" class=\"is-hidden\"><\/use>\n        <\/svg>\n      <\/button>\n    <\/h4>\n  <\/div>\n  <div class=\"luna-accordion__details collapse\" aria-hidden=\"true\" id=\"accordion0000000014\" data-accordion=\"details\">\n    <div class=\"accordionContent\"><ul><li><strong>Loan amount:<\/strong> $500 \u2013 $9,000<\/li><li><strong>Loan term:<\/strong> 6 - 60 months<\/li><li><strong>APR:<\/strong> 35.00%<span class=\"table-popover\" rel=\"popover\" data-content=\"Interest rates shown reflect the Annual Percentage Rate (APR) range currently advertised by the lender and are subject to change anytime, without notice. Finder does not guarantee that the figures shown will continue to be accurate or current. Figures shown are solely intended to be indicative and for general informational purposes only. Confirm the actual rates currently offered with the lender directly. Your exact rate, if any is offered to you, will be determined solely by the lender based on its assessment of your loan application, which is subject to the lender\u2019s terms and conditions and credit criteria.\" title=\"\" data-original-title=\"\"><\/span><\/li><li><strong>Serviced provinces:<\/strong> AB, BC, NB and SK<\/li><li><strong>Eligibility requirements:<\/strong> Recurring, reliable income<\/li><\/ul><\/div>\n  <\/div>\n<\/li><li class=\"luna-accordion\" data-accordion=\"accordion\">\n  <div class=\"luna-accordion__summary\">\n    <h4 class=\"luna-accordion__heading\">\n      <button class=\"luna-accordion__action collapsed\" aria-expanded=\"false\" aria-controls=\"accordion0000000015\" data-toggle=\"collapse\" data-target=\"#accordion0000000015\">\n        <span class=\"luna-accordion__title\">Pros and cons<\/span>\n        <svg class=\"luna-icon\" aria-hidden=\"true\">\n          <use xlink:href=\"#chevron-down\" data-accordion-icon=\"show\"><\/use>\n          <use xlink:href=\"#chevron-up\" data-accordion-icon=\"hide\" class=\"is-hidden\"><\/use>\n        <\/svg>\n      <\/button>\n    <\/h4>\n  <\/div>\n  <div class=\"luna-accordion__details collapse\" aria-hidden=\"true\" id=\"accordion0000000015\" data-accordion=\"details\">\n    <div class=\"accordionContent\"><div class=\"fin-pros-cons\">\n            <div class=\"fin-pros-cons__section\">\n            <h4 class=\"fin-pros-cons__heading\">Pros<\/h4>\n            <ul class=\"icon-list icon-list--check-circle\">\n                                    <li>Flexible loan amounts and loan terms<\/li>\n                                    <li>No fees to pay off your loan early<\/li>\n                                    <li>Store locations available<\/li>\n                            <\/ul>\n        <\/div>\n    \n            <div class=\"fin-pros-cons__section\">\n            <h4 class=\"fin-pros-cons__heading\">Cons<\/h4>\n            <ul class=\"icon-list icon-list--x-circle\">\n                                    <li>Interest rates as high as 35%<\/li>\n                            <\/ul>\n        <\/div>\n    <\/div>\n<\/div>\n  <\/div>\n<\/li><\/ul><p><a class=\"more-link-arrow\" title=\"Dive deeper\" href=\"https:\/\/www.finder.com\/ca\/personal-loans\/cashco-personal-loan-review\">Cashco Financial review<\/a><\/p><p><img decoding=\"async\" class=\"alignnone wp-image-995745\" title=\"Image: Supplied\" src=\"https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2022\/10\/BlueCopperCapital_Supplied_190x218.jpg\" alt=\"Blue Copper Capital\" width=\"122\" height=\"140\" srcset=\"https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2022\/10\/BlueCopperCapital_Supplied_190x218.jpg?fit=180 180w, https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2022\/10\/BlueCopperCapital_Supplied_190x218.jpg?fit=360 360w, https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2022\/10\/BlueCopperCapital_Supplied_190x218.jpg?fit=366 366w\" sizes=\"(max-width: 366px) 100vw, 366px\" loading=\"lazy\"><\/p><h3 id=\"bluecoppercapital\">9. Blue Copper Capital: Best for progressing to better rates<\/h3><div class=\"box\"><h4>Why it\u2019s one of the best<\/h4><p>Based in Alberta, <a href=\"https:\/\/www.finder.com\/ca\/personal-loans\/blue-copper-capital-review\">Blue Copper Capital<\/a> is another direct lender that provides installment loans to people who may not get approved by a financial institution. It has provided loans since 2006 and has branches you can visit in Calgary and Edmonton. You can apply online, in person or over the phone. In addition to installment loans, it offers payday loans, business loans and lines of credit.<\/p><p>Blue Copper Capital is known for its excellent customer service and offers better rates and terms once you successfully pay off your loan with them. This lender has an A+ rating with the BBB.<\/p><\/div><ul class=\"luna-accordionGroup accordionGroup\"><li class=\"luna-accordion\" data-accordion=\"accordion\">\n  <div class=\"luna-accordion__summary\">\n    <h4 class=\"luna-accordion__heading\">\n      <button class=\"luna-accordion__action collapsed\" aria-expanded=\"false\" aria-controls=\"accordion0000000016\" data-toggle=\"collapse\" data-target=\"#accordion0000000016\">\n        <span class=\"luna-accordion__title\">Loan details<\/span>\n        <svg class=\"luna-icon\" aria-hidden=\"true\">\n          <use xlink:href=\"#chevron-down\" data-accordion-icon=\"show\"><\/use>\n          <use xlink:href=\"#chevron-up\" data-accordion-icon=\"hide\" class=\"is-hidden\"><\/use>\n        <\/svg>\n      <\/button>\n    <\/h4>\n  <\/div>\n  <div class=\"luna-accordion__details collapse\" aria-hidden=\"true\" id=\"accordion0000000016\" data-accordion=\"details\">\n    <div class=\"accordionContent\"><ul><li><strong>Loan amount:<\/strong> $1,000 \u2013 $100,000<\/li><li><strong>Loan term:<\/strong> 6 - 84 months<\/li><li><strong>APR: <\/strong>16.00% - 35.00%<span class=\"table-popover\" rel=\"popover\" data-content=\"Interest rates shown reflect the Annual Percentage Rate (APR) range currently advertised by the lender and are subject to change anytime, without notice. Finder does not guarantee that the figures shown will continue to be accurate or current. Figures shown are solely intended to be indicative and for general informational purposes only. Confirm the actual rates currently offered with the lender directly. Your exact rate, if any is offered to you, will be determined solely by the lender based on its assessment of your loan application, which is subject to the lender\u2019s terms and conditions and credit criteria.\" title=\"\" data-original-title=\"\"><\/span><\/li><li><strong>Serviced provinces:<\/strong> BC and AB<\/li><li><strong>Eligibility requirements: <\/strong>Recurring employment income<\/li><\/ul><\/div>\n  <\/div>\n<\/li><li class=\"luna-accordion\" data-accordion=\"accordion\">\n  <div class=\"luna-accordion__summary\">\n    <h4 class=\"luna-accordion__heading\">\n      <button class=\"luna-accordion__action collapsed\" aria-expanded=\"false\" aria-controls=\"accordion0000000017\" data-toggle=\"collapse\" data-target=\"#accordion0000000017\">\n        <span class=\"luna-accordion__title\">Pros and cons<\/span>\n        <svg class=\"luna-icon\" aria-hidden=\"true\">\n          <use xlink:href=\"#chevron-down\" data-accordion-icon=\"show\"><\/use>\n          <use xlink:href=\"#chevron-up\" data-accordion-icon=\"hide\" class=\"is-hidden\"><\/use>\n        <\/svg>\n      <\/button>\n    <\/h4>\n  <\/div>\n  <div class=\"luna-accordion__details collapse\" aria-hidden=\"true\" id=\"accordion0000000017\" data-accordion=\"details\">\n    <div class=\"accordionContent\"><div class=\"fin-pros-cons\">\n            <div class=\"fin-pros-cons__section\">\n            <h4 class=\"fin-pros-cons__heading\">Pros<\/h4>\n            <ul class=\"icon-list icon-list--check-circle\">\n                                    <li>Installment loans for fair or bad credit<\/li>\n                                    <li>No prepayment penalties<\/li>\n                                    <li>No need to own a car or a home to get approved<\/li>\n                                    <li>Accepts cosigners<\/li>\n                                    <li>Opportunity to get out of the cycle of debt<\/li>\n                            <\/ul>\n        <\/div>\n    \n            <div class=\"fin-pros-cons__section\">\n            <h4 class=\"fin-pros-cons__heading\">Cons<\/h4>\n            <ul class=\"icon-list icon-list--x-circle\">\n                                    <li>Interest rates start at 16% up to 35%<\/li>\n                                    <li>Administration fee applies<\/li>\n                                    <li>Not as flexible with income compared to other installment loan providers<\/li>\n                            <\/ul>\n        <\/div>\n    <\/div>\n<\/div>\n  <\/div>\n<\/li><\/ul><p><img decoding=\"async\" class=\"alignnone wp-image-1065460\" title=\"Image: Supplied\" src=\"https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2020\/08\/FatCatLoansLogo_Supplied_300x100.png\" alt=\"Fat Cat Loans\" width=\"273\" height=\"91\" srcset=\"https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2020\/08\/FatCatLoansLogo_Supplied_300x100.png?fit=180 180w, https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2020\/08\/FatCatLoansLogo_Supplied_300x100.png?fit=360 360w, https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2020\/08\/FatCatLoansLogo_Supplied_300x100.png?fit=600 600w, https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2020\/08\/FatCatLoansLogo_Supplied_300x100.png?fit=819 819w\" sizes=\"(max-width: 819px) 100vw, 819px\" loading=\"lazy\"><\/p><h3 id=\"fatcatloans\">10. Fat Cat Loans: Best for bad credit<\/h3><div class=\"box\"><h4>Why it\u2019s one of the best<\/h4><p>Loan search platform Fat Cat Loans is another great option if you want to compare offers by filling out just one application, especially if your credit score isn\u2019t the best. Whether you need to consolidate debt, pay for urgent bills or cover a large expense, Fat Cat Loans has options. Apply online and get your funds as soon as the same day.<\/p><p style=\"text-align: center;\"><a target=\"_blank\" rel=\"sponsored\" href=\"https:\/\/www.finder.com\/redirect\/ca\/personal-loans\/fat-cat-loans-ca-personal-loans-secure.html?nb=1&amp;src_country=ca&amp;redirect_tracking_params=%7B%22placement_type%22%3A%22product_link%22%2C%22title%22%3A%22Go%2Bto%2Bsite%22%2C%22site%22%3A%22CAFPL%22%2C%22class%22%3A%22luna-button%2Bluna-button--large%2Bluna-button--success%22%2C%22offer_id%22%3A%2223383%22%2C%22niche_code%22%3A%22CAFPL%22%2C%22product_id%22%3A%2231bd42f8-c4bb-457a-a20a-9196141a2d16%22%2C%22product_name%22%3A%22Fat%2BCat%2BLoans%2BPersonal%2BLoan%22%2C%22provider_id%22%3A%22d27a2760-8756-40ac-aacc-bb83c453ec0f%22%2C%22provider_name%22%3A%22Fat%2BCat%2BLoans%22%2C%22post_id%22%3A%22872934%22%2C%22post_path%22%3A%22personal-loans%252Fbest-installment-loans%22%2C%22post_country%22%3A%22ca%22%7D\" class=\"luna-button luna-button--large luna-button--success\">Go to site<\/a><\/p><\/div><ul class=\"luna-accordionGroup accordionGroup\"><li class=\"luna-accordion\" data-accordion=\"accordion\">\n  <div class=\"luna-accordion__summary\">\n    <h4 class=\"luna-accordion__heading\">\n      <button class=\"luna-accordion__action collapsed\" aria-expanded=\"false\" aria-controls=\"accordion0000000018\" data-toggle=\"collapse\" data-target=\"#accordion0000000018\">\n        <span class=\"luna-accordion__title\">Loan details<\/span>\n        <svg class=\"luna-icon\" aria-hidden=\"true\">\n          <use xlink:href=\"#chevron-down\" data-accordion-icon=\"show\"><\/use>\n          <use xlink:href=\"#chevron-up\" data-accordion-icon=\"hide\" class=\"is-hidden\"><\/use>\n        <\/svg>\n      <\/button>\n    <\/h4>\n  <\/div>\n  <div class=\"luna-accordion__details collapse\" aria-hidden=\"true\" id=\"accordion0000000018\" data-accordion=\"details\">\n    <div class=\"accordionContent\"><ul><li><strong>Loan amount:<\/strong> $300 \u2013 $50,000<\/li><li><strong>Loan term:<\/strong> 3 - 84 months<\/li><li><strong>APR: <\/strong>6.99% - 35.00%<span class=\"table-popover\" rel=\"popover\" data-content=\"Interest rates shown reflect the Annual Percentage Rate (APR) range currently advertised by the lender and are subject to change anytime, without notice. Finder does not guarantee that the figures shown will continue to be accurate or current. Figures shown are solely intended to be indicative and for general informational purposes only. Confirm the actual rates currently offered with the lender directly. Your exact rate, if any is offered to you, will be determined solely by the lender based on its assessment of your loan application, which is subject to the lender\u2019s terms and conditions and credit criteria.\" title=\"\" data-original-title=\"\"><\/span><\/li><li><strong>Serviced provinces:<\/strong> All of Canada<\/li><li><strong>Eligibility requirements: <\/strong>Recurring income<\/li><\/ul><\/div>\n  <\/div>\n<\/li><li class=\"luna-accordion\" data-accordion=\"accordion\">\n  <div class=\"luna-accordion__summary\">\n    <h4 class=\"luna-accordion__heading\">\n      <button class=\"luna-accordion__action collapsed\" aria-expanded=\"false\" aria-controls=\"accordion0000000019\" data-toggle=\"collapse\" data-target=\"#accordion0000000019\">\n        <span class=\"luna-accordion__title\">Pros and cons<\/span>\n        <svg class=\"luna-icon\" aria-hidden=\"true\">\n          <use xlink:href=\"#chevron-down\" data-accordion-icon=\"show\"><\/use>\n          <use xlink:href=\"#chevron-up\" data-accordion-icon=\"hide\" class=\"is-hidden\"><\/use>\n        <\/svg>\n      <\/button>\n    <\/h4>\n  <\/div>\n  <div class=\"luna-accordion__details collapse\" aria-hidden=\"true\" id=\"accordion0000000019\" data-accordion=\"details\">\n    <div class=\"accordionContent\"><div class=\"fin-pros-cons\">\n            <div class=\"fin-pros-cons__section\">\n            <h4 class=\"fin-pros-cons__heading\">Pros<\/h4>\n            <ul class=\"icon-list icon-list--check-circle\">\n                                    <li>Seamless online application<\/li>\n                                    <li>Same-day funding available<\/li>\n                                    <li>Variety of loans available<\/li>\n                            <\/ul>\n        <\/div>\n    \n            <div class=\"fin-pros-cons__section\">\n            <h4 class=\"fin-pros-cons__heading\">Cons<\/h4>\n            <ul class=\"icon-list icon-list--x-circle\">\n                                    <li>High interest rates<\/li>\n                                    <li>You're limited to lenders in its network<\/li>\n                            <\/ul>\n        <\/div>\n    <\/div>\n<\/div>\n  <\/div>\n<\/li><\/ul><p><a class=\"more-link-arrow\" title=\"Dive deeper\" href=\"https:\/\/www.finder.com\/ca\/personal-loans\/fat-cat-loans-review\">Fat Cat Loans review<\/a><\/p><div class=\"box\">\n<h4>Methodology<\/h4>\n\n<p>Finder experts collected 11 points of data for more than 50 lenders operating in Canada. Finder used this data to create a proprietary weighting formula that scores each lender based on rates, fees, terms, loan amounts, application process, funding speed, customer support, and reputation, among other features. The providers shown on the best list are those who scored highest based on this data-driven methodology. They are providers that are available and not available through Finder. While Finder evaluates a wide range of alternative lenders, this selection does not represent all available loan products in Canada. Read more about the <a href=\"https:\/\/www.finder.com\/ca\/personal-loans\/personal-loans-rating-methodology\">Finder personal loan ratings and review methodology<\/a>.<\/p>\n\n<\/div>\n\n<h3>What are the key features of installment loans in Canada?<\/h3><p>Installment loans in Canada share these features:<\/p><ul class=\"list-1\"><li><strong>They\u2019re usually unsecured.<\/strong> With installment loans, you don\u2019t need to offer an asset as collateral.<\/li><li><strong>They\u2019re repaid in installments.<\/strong> You\u2019ll repay an installment loan with equal payments over time. If you want, you can make extra payments or pay your loan off early because installment loans do not have prepayment penalties.<\/li><li><strong>They have higher interest rates.<\/strong> Installment loans in Canada have higher interest rates compared to those on offer from banks and credit unions. Because alternative lenders are taking a bigger risk, they\u2019ll offer higher rates. But, based on the list above, you may be able to secure a lower interest rate if your credit is in great shape.<\/li><li><strong>They have fixed interest rates.<\/strong> Your interest rate for your installment loan will stay the same throughout its loan term.<\/li><li><strong>They have varying loan amounts and loan terms.<\/strong> The maximum amount you could qualify for depends on your income and financial situation, but installment loans typically have smaller loan amounts, starting at just $500. Loan terms vary between 3 - 60 months.<\/li><li><strong>They\u2019re easier to qualify for.<\/strong> While traditional personal loans may be harder to qualify for, installment loans have more lenient eligibility requirements.<\/li><\/ul><h3>How to find the best installment loans<\/h3><p>Installment loans in Canada have a variety of features. To help narrow down your top picks, consider these factors:<\/p><ul><li><strong>Interest rates.<\/strong> Focus on the annual percentage rate (APR), which is your annual interest rate plus fees you\u2019ll pay to take out the loan. <a href=\"https:\/\/www.finder.com\/ca\/personal-loans\/personal-loan-interest-rates-canada\">Compare personal loan APRs in Canada.<\/a><\/li><li><strong>Fees.<\/strong> Consider fees like loan administration fees (fee to process your loan), broker fees, NSF fees and late payment fees. This disparity between lenders may be what helps you choose which one to proceed with.<\/li><li><strong>Loan term.<\/strong> Try not to have your loan longer than you need to. Long-term installment loans will give you lower monthly payments, but you\u2019ll stay in debt longer and pay more interest over the life of the loan.<\/li><li><strong>Repayment flexibility.<\/strong> Check that the installment loan doesn\u2019t come with any fees to pay it off early or make extra payments. This is especially important for installment loans with higher interest rates.<\/li><li><strong>Turnaround time.<\/strong> You can get your money on the same day or the next morning with the fastest installment loans. If you\u2019re facing a financial emergency, <a href=\"https:\/\/www.finder.com\/ca\/personal-loans\/emergency-loans\">learn more about emergency loans.<\/a><\/li><li><strong>Improves your credit score.<\/strong> Confirm that your lender will report your on-time payments to the credit bureaus, especially if you have a low credit score.<\/li><\/ul><h3>Can you get no credit check installment loans?<\/h3><p>Yes. Some alternative lenders offer no credit check installment loans, such as Green Loans. These loans are usually less than $2,000 with an interest rate of around 30% and a broker fee of up to $300. Before applying, <a href=\"https:\/\/www.finder.com\/ca\/personal-loans\/personal-loan-scams\">check that your lender is legitimate<\/a>, because scammers use \u201cno credit check\u201d to get people to apply and share their information.<\/p><h3>Tips to get approved for installment loans with bad credit<\/h3><p>Alternative lenders of installment loans have more lenient requirements, but they can still turn down certain applications. Here are some tips to increase your chances of approval with bad credit:<\/p><ul class=\"list-1\"><li><strong>Have minimal to no NSF transactions.<\/strong> If you have NSF transactions in your bank account in the last 60 to 90 days, lenders may not qualify you.<\/li><li><strong>Have no payday loan debt.<\/strong> Lenders of installment loans prefer applicants to not have any short-term loan debts.<\/li><li><strong>Secure your loan.<\/strong> Offering collateral such as your car or house will improve your odds of approval. However, make sure you can afford the loan because defaulting will give the lender the right to repossess your asset.<\/li><\/ul><h3>How to apply for installment loans online<\/h3><p>Ready to get started? Follow these steps to apply for installment loans online:<\/p><ol><li><strong>Fill out the online application.<\/strong> Include details such as your name, address, phone number, email, employment, income and housing situation. Applications for installment loans usually take less than 10 minutes to complete.<\/li><li><strong>Wait for <a href=\"https:\/\/www.finder.com\/ca\/personal-loans\/personal-loan-pre-approval\">personal loan pre-approval<\/a>.<\/strong> Once you submit your application, you\u2019ll get pre-approved either instantly or within one business day. Pre-qualifying for a loan gives you an estimate of your interest rate. Use pre-approval to compare loan offers.<\/li><li><strong>Verify income and identity.<\/strong> If you want to proceed, you\u2019ll verify your finances via <a href=\"https:\/\/www.finder.com\/ca\/personal-loans\/bank-verification-loans\">instant bank verification<\/a> or send documents, such as government-issued ID, bank statements and pay stubs.<\/li><li><strong>Get official approval and sign your loan contract.<\/strong> Once your lender verifies your identity and income, you\u2019ll receive your final loan offer. Review your loan agreement before signing.<\/li><li><strong>Receive your funds.<\/strong> Your lender can issue your installment loan via direct deposit or Interac e-Transfer.<\/li><\/ol><h3>3 questions to ask yourself before you apply for installment loans<\/h3><p>There\u2019s no one \u201cbest\u201d installment loan. What\u2019s right for you depends on your personal financial situation and what you need the money for. Ask yourself the following questions to find a lender that best meets your needs:<\/p><h4>How much do I need to borrow?<\/h4><p>Some lenders may approve you for higher loan amounts, but only borrow what you need to avoid increasing your debts.<\/p><h4>How much can I afford to pay each month?<\/h4><p>Look at your income, bills and other regular expenses to calculate how much you can afford to pay each month. Aim for a loan with a rate and term that gives you a monthly repayment around this amount while still leaving you wiggle room in case an unexpected expense crops up.<\/p><h4>What do I need the installment loan for?<\/h4><p>Installment loans for fair or bad credit are only suitable for financial emergencies because of their interest rates. If you\u2019re looking to use an installment loan for non-essential expenses, consider building up your savings in a <a href=\"https:\/\/www.finder.com\/ca\/savings-accounts\/best-high-interest-savings-accounts\">high-interest savings account<\/a> instead.<\/p><h3>4 red flags to watch out for with installment loans<\/h3><p>Not all installment loan providers are legit lenders. Look out for these red flags when comparing installment loans:<\/p><ul class=\"list-3\"><li><strong>Guarantees.<\/strong> Legit lenders won\u2019t guarantee approval or certain rates before looking at your application. Lenders need to look into each borrower\u2019s circumstances and evaluate their credit history before approving any installment loan.<\/li><li><strong>High pressure.<\/strong> Be wary of lenders that pressure you into signing a contract without explaining the terms of the loan.<\/li><li><strong>Add-on insurance.<\/strong> Some lenders might encourage you to take out unnecessary insurance, which adds to the cost of your installment loan.<\/li><li><strong>No physical head office or contact information.<\/strong> Check the lender\u2019s website to see if it has a physical address, email, phone number and any other means of contacting them for customer support. Make sure the lender has a solid presence online, with reviews, BBB accreditation or mentions in the Canadian media landscape.<\/li><\/ul><h3>Installment loan statistics in Canada<\/h3><p>When we surveyed Canadians in the first quarter of 2026, around one in 12 (8%) said they had taken out a personal\/installment loan in the past 12 months.<\/p><p>Taking on additional debt does not seem to put most Canadians in an unsustainable financial position, as nearly two-thirds of respondents (65%) said they feel \u201csomewhat\u201d or \u201cvery\u201d confident that they will be able to repay what they owe.<\/p><iframe id=\"datawrapper-chart-PzAH6\/1\/\" title=\"Which loans did Canadians take out in the past 12 months?\" width=\"100%\" scrolling=\"no\" src=\"https:\/\/datawrapper.dwcdn.net\/PzAH6\/1\/\" loading=\"lazy\"><\/iframe><h3>Frequently asked questions<\/h3><ul class=\"luna-accordionGroup accordionGroup\">\n\t<li class=\"luna-accordion\" data-accordion=\"accordion\">\n    <div class=\"luna-accordion__summary\">\n        <h4 class=\"luna-accordion__heading\">\n            <button class=\"luna-accordion__action collapsed\" aria-expanded=\"false\" aria-controls=\"faq-builder-0000000000\" data-toggle=\"collapse\" data-target=\"#faq-builder-0000000000\">\n                <span class=\"luna-accordion__title\">Do installment loans in Canada hurt your credit?<\/span>\n                <svg class=\"luna-icon\" aria-hidden=\"true\">\n                    <use xlink:href=\"#chevron-down\" data-accordion-icon=\"show\"><\/use>\n                    <use xlink:href=\"#chevron-up\" data-accordion-icon=\"hide\" class=\"is-hidden\"><\/use>\n                <\/svg>\n            <\/button>\n        <\/h4>\n    <\/div>\n    <div class=\"luna-accordion__details collapse\" aria-hidden=\"true\" id=\"faq-builder-0000000000\" data-accordion=\"details\">\n        <div class=\"accordionContent\">\n            <div>\n                <p>That depends on how you manage your installment loan account and monthly repayments. If you make your payments on time, your installment loan will boost your credit score. On the other hand, if you have late or missed payments, your lender will report this to the credit bureaus, and your credit score will be negatively affected.<\/p>\n            <\/div>\n        <\/div>\n    <\/div>\n<\/li>\n<li class=\"luna-accordion\" data-accordion=\"accordion\">\n    <div class=\"luna-accordion__summary\">\n        <h4 class=\"luna-accordion__heading\">\n            <button class=\"luna-accordion__action collapsed\" aria-expanded=\"false\" aria-controls=\"faq-builder-0000000001\" data-toggle=\"collapse\" data-target=\"#faq-builder-0000000001\">\n                <span class=\"luna-accordion__title\">What can I use an installment loan for?<\/span>\n                <svg class=\"luna-icon\" aria-hidden=\"true\">\n                    <use xlink:href=\"#chevron-down\" data-accordion-icon=\"show\"><\/use>\n                    <use xlink:href=\"#chevron-up\" data-accordion-icon=\"hide\" class=\"is-hidden\"><\/use>\n                <\/svg>\n            <\/button>\n        <\/h4>\n    <\/div>\n    <div class=\"luna-accordion__details collapse\" aria-hidden=\"true\" id=\"faq-builder-0000000001\" data-accordion=\"details\">\n        <div class=\"accordionContent\">\n            <div>\n                <p>On the whole, you can generally use installment loans for any legitimate purpose. Typically, they're used for financial emergencies, though. This might include paying off overdue bills or paying for car or home repairs.<\/p>\n            <\/div>\n        <\/div>\n    <\/div>\n<\/li>\n<li class=\"luna-accordion\" data-accordion=\"accordion\">\n    <div class=\"luna-accordion__summary\">\n        <h4 class=\"luna-accordion__heading\">\n            <button class=\"luna-accordion__action collapsed\" aria-expanded=\"false\" aria-controls=\"faq-builder-0000000002\" data-toggle=\"collapse\" data-target=\"#faq-builder-0000000002\">\n                <span class=\"luna-accordion__title\">When should I avoid installment loans?<\/span>\n                <svg class=\"luna-icon\" aria-hidden=\"true\">\n                    <use xlink:href=\"#chevron-down\" data-accordion-icon=\"show\"><\/use>\n                    <use xlink:href=\"#chevron-up\" data-accordion-icon=\"hide\" class=\"is-hidden\"><\/use>\n                <\/svg>\n            <\/button>\n        <\/h4>\n    <\/div>\n    <div class=\"luna-accordion__details collapse\" aria-hidden=\"true\" id=\"faq-builder-0000000002\" data-accordion=\"details\">\n        <div class=\"accordionContent\">\n            <div>\n                <p>You should avoid taking out an installment loan if you can qualify for another loan with lower interest rates and better terms. They should be used as a last resort if traditional personal loans aren't available to you. Avoid installment loans if your budget doesn't have the wiggle room to manage more debt, too. The last thing you want is to sign up for an installment loan you can't pay off, which will hurt your credit score.<\/p>\n            <\/div>\n        <\/div>\n    <\/div>\n<\/li>\n<li class=\"luna-accordion\" data-accordion=\"accordion\">\n    <div class=\"luna-accordion__summary\">\n        <h4 class=\"luna-accordion__heading\">\n            <button class=\"luna-accordion__action collapsed\" aria-expanded=\"false\" aria-controls=\"faq-builder-0000000003\" data-toggle=\"collapse\" data-target=\"#faq-builder-0000000003\">\n                <span class=\"luna-accordion__title\">What is the easiest installment loan to get approved for?<\/span>\n                <svg class=\"luna-icon\" aria-hidden=\"true\">\n                    <use xlink:href=\"#chevron-down\" data-accordion-icon=\"show\"><\/use>\n                    <use xlink:href=\"#chevron-up\" data-accordion-icon=\"hide\" class=\"is-hidden\"><\/use>\n                <\/svg>\n            <\/button>\n        <\/h4>\n    <\/div>\n    <div class=\"luna-accordion__details collapse\" aria-hidden=\"true\" id=\"faq-builder-0000000003\" data-accordion=\"details\">\n        <div class=\"accordionContent\">\n            <div>\n                <p>Installment loans are generally easy to get approved for, since they have more lenient eligibility requirements compared to traditional personal loans. If you're worried about not getting approved, you'll have an easier time comparing viable loan options by applying through a free loan broker service, like <a target=\"_blank\" rel=\"sponsored\" href=\"https:\/\/www.finder.com\/redirect\/ca\/personal-loans\/loans-canada-installment-loan-ca-personal-loan-secure.html?nb=1&amp;src_country=ca&amp;redirect_tracking_params=%7B%22placement_type%22%3A%22product_link%22%2C%22title%22%3A%22Loans%2BCanada%22%2C%22site%22%3A%22CAFPL%22%2C%22offer_id%22%3A%2217711%22%2C%22niche_code%22%3A%22CAFPL%22%2C%22product_id%22%3A%227554d6fa-1e55-4921-b9ca-3455c3e4ae14%22%2C%22product_name%22%3A%22Loans%2BCanada%2BInstallment%2BLoan%22%2C%22provider_id%22%3A%2222495a20-537f-4e7e-beec-8f771582bcb8%22%2C%22provider_name%22%3A%22Loans%2BCanada%22%2C%22post_id%22%3A%22872934%22%2C%22post_path%22%3A%22personal-loans%252Fbest-installment-loans%22%2C%22post_country%22%3A%22ca%22%7D\">Loans Canada<\/a> or <a target=\"_blank\" rel=\"sponsored\" href=\"https:\/\/www.finder.com\/redirect\/ca\/personal-loans\/loanconnect-installment-loan-ca-personal-loan-secure.html?nb=1&amp;src_country=ca&amp;redirect_tracking_params=%7B%22placement_type%22%3A%22product_link%22%2C%22title%22%3A%22LoanConnect%22%2C%22site%22%3A%22CAFPL%22%2C%22offer_id%22%3A%2215388%22%2C%22niche_code%22%3A%22CAFPL%22%2C%22product_id%22%3A%2240c698e0-7ea0-4bb1-9d07-dd105dd9e091%22%2C%22product_name%22%3A%22LoanConnect%2BInstallment%2BLoan%22%2C%22provider_id%22%3A%22a95b0463-1871-4f05-98ce-2bd750cc8d80%22%2C%22provider_name%22%3A%22LoanConnect%22%2C%22post_id%22%3A%22872934%22%2C%22post_path%22%3A%22personal-loans%252Fbest-installment-loans%22%2C%22post_country%22%3A%22ca%22%7D\">LoanConnect<\/a>, where you'll get matched with lenders willing to qualify you.<\/p>\n            <\/div>\n        <\/div>\n    <\/div>\n<\/li>\n\n<\/ul>\n<div class=\"sources sources__f1\">\n    \n  <ul class=\"luna-accordionGroup accordionGroup\">\n    <li class=\"luna-accordion\" data-accordion=\"accordion\">\n      <div class=\"luna-accordion__summary\">\n        <h3 class=\"luna-accordion__heading\" data-toc-label=\"Sources\">\n          <button class=\"luna-accordion__action collapsed\" aria-expanded=\"false\" aria-controls=\"sources_0000000004\" data-toggle=\"collapse\" data-target=\"#sources_0000000004\">\n            <span class=\"luna-accordion__title u-text--lg u-font--bold\">Sources<\/span>\n            <svg class=\"luna-icon\" aria-hidden=\"true\">\n              <use href=\"#chevron-down\" data-accordion-icon=\"show\"><\/use>\n              <use href=\"#chevron-up\" data-accordion-icon=\"hide\" class=\"is-hidden\"><\/use>\n            <\/svg>\n          <\/button>\n        <\/h3>\n      <\/div>\n      <div class=\"luna-accordion__details collapse \" aria-hidden=\"true\" id=\"sources_0000000004\" data-accordion=\"details\">\n        <div class=\"accordionContent\">\n          <p class=\"sources__description\">Finder writers are subject matter experts and use primary sources, in-depth research and interviews with other experts to ensure you're getting accurate, up-to-date information. Articles are <a href=\"https:\/\/www.finder.com\/ca\/why-trust-us\">fact checked<\/a> in line with our <a href=\"https:\/\/www.finder.com\/ca\/editorial-guidelines\">editorial guidelines<\/a>.<\/p>\n          <ol class=\"u-pl--0 u-text--lg u-font--medium\">\n                                          <li class=\"u-leading--loose\"><a class=\"u-font--medium\" href=\"https:\/\/www.canada.ca\/en\/financial-consumer-agency\/services\/loans\/consider-borrow.html\" target=\"_blank\">Financial Consumer Agency of Canada: What to consider before borrowing money<\/a><\/li>\n                                                        <li class=\"u-font--medium u-leading--loose\">Finder: Consumer Sentiment Survey March 2026<\/li>\n                                    <\/ol>\n        <\/div>\n      <\/div>\n    <\/li>\n  <\/ul>\n  <\/div>","protected":false},"excerpt":{"rendered":"<p>We examined the marketplace to find the best installment loans in Canada.<\/p>\n","protected":false},"author":1000,"featured_media":1033674,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_yoast_wpseo_focuskw":"installment loans canada","_yoast_wpseo_title":"10 Best Installment Loans in Canada in [date format=Y] | Finder Canada","_yoast_wpseo_metadesc":"We examined the marketplace to find the best installment loans in Canada based on rates, terms, amounts, speed, customer service and more.","_yoast_wpseo_meta-robots-noindex":"","_yoast_wpseo_meta-robots-nofollow":"","_yoast_wpseo_canonical":"","_yoast_wpseo_opengraph-title":"Best Installment Loans in Canada | Finder Canada","_yoast_wpseo_opengraph-description":"","_yoast_wpseo_opengraph-image":"","_yoast_wpseo_opengraph-image-id":"","apple_news_api_created_at":"","apple_news_api_id":"","apple_news_api_modified_at":"","apple_news_api_revision":"","apple_news_api_share_url":"","apple_news_cover_media_provider":"image","apple_news_coverimage":0,"apple_news_coverimage_caption":"","apple_news_cover_video_id":0,"apple_news_cover_video_url":"","apple_news_cover_embedwebvideo_url":"","apple_news_is_hidden":"","apple_news_is_paid":"","apple_news_is_preview":"","apple_news_is_sponsored":"","apple_news_maturity_rating":"","apple_news_metadata":"\"\"","apple_news_pullquote":"","apple_news_pullquote_position":"","apple_news_slug":"","apple_news_sections":[],"apple_news_suppress_video_url":false,"apple_news_use_image_component":false,"post_is_fact_checked":"false","post_co_author":"987","post_co_author_date":"2026-09-30T17:45:29","post_co_author_manual_date_checked":"false","post_reviewer":"-1","post_reviewer_date":"","post_reviewer_manual_date_checked":"false","post_editor":"-1","post_editor_date":null,"post_author_date":"2023-05-23T18:17:21","post_author_manual_date_checked":"false","_last_updated_date_data":"{\"is_updated_date_published\":true,\"last_updated_date\":\"2026-09-30 21:26:17\",\"timezone_offset\":\" +00:00\",\"last_update_summary\":\"We added loan statistics from the Finder: Consumer Sentiment Survey March 2026. We also added our methodology for choosing the best installment loans.\"}","_last_major_update":"","_search_priority":0,"feature_finder_bot_teaser_enabled":false,"feature_finder_bot_teaser_message":"","feature_finder_bot_teaser_placeholder":"","feature_finder_bot_teaser_suggestions":"","footnotes":"","_yoast_wpseo_twitter-title":"","_yoast_wpseo_twitter-description":"","_yoast_wpseo_twitter-image":"","_yoast_wpseo_twitter-image-id":""},"categories":[107210],"tags":[107302],"asset_tag":[],"class_list":["post-872934","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-installment-loans","tag-cst-research"],"apple_news_notices":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.6.1 (Yoast SEO v27.6) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>10 Best Installment Loans in Canada in 2026 | Finder Canada<\/title>\n<meta name=\"description\" content=\"We examined the marketplace to find the 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