{"id":949227,"date":"2021-10-29T09:13:55","date_gmt":"2021-10-29T13:13:55","guid":{"rendered":""},"modified":"2025-12-08T14:26:23","modified_gmt":"2025-12-08T19:26:23","slug":"symple-personal-loan-review","status":"publish","type":"post","link":"https:\/\/www.finder.com\/ca\/personal-loans\/symple-personal-loan-review","title":{"rendered":"Symple Loans personal loans review"},"content":{"rendered":"

What is Symple Loans?<\/h3>

Symple Loans is an online lender that specializes in personal loans for prime borrowers (credit score of 660 or higher). The company has Australian origins, where it launched in January 2018, followed by an expansion to Canada in January 2021. Symple has its Canadian headquarters on Bay Street, Toronto\u2019s financial district.<\/p>

Is Symple Loans legit?<\/h3>

Symple Loans was a legitimate lender while operating in Canada. It was accredited by the Better Business Bureau with an A rating and verified by the Canadian Lenders Association. The company was headquartered in Toronto, Ontario, and Canadian borrowers could access customer service online, by phone, or by email.<\/p>

However, a separate website, symple-loan.ca, appears to be operating independently. We cannot verify or endorse the legitimacy of this site.<\/p>

Symple personal loan features<\/h3>
Feature<\/th>Details<\/th><\/tr><\/thead>
Loan amount<\/td>$5,000 to $50,000<\/td><\/tr>
Loan term<\/td>1 to 7 years<\/td><\/tr>
Interest rate<\/td>Not Disclosed<\/td><\/tr>
Fees<\/td>$45 late payment fee and 0-5% origination fee (\u201cestablishment fee\u201d)<\/td><\/tr>
Secured or unsecured?<\/td>Unsecured (no collateral required)<\/td><\/tr>
Serviced provinces<\/td>Available All of Canada (except NS, QC, SK)<\/td><\/tr>
Basic eligibility requirements<\/td>Minimum $50,000 annual income, minimum 660 credit score<\/td><\/tr><\/tbody><\/table>

What we like about Symple Personal Loans<\/h3>