Friendly Lender offers a way for Canadians to get short-term funding online.

As long as you are 18 years of age or above, legally reside in Canada and have a steady stream of income, you will be able to qualify for our online loan services. Other requirements by a majority of lenders are that you have an active bank account and take in at least $800 in monthly payments.

The information required in order to complete a request for an online loan includes your name, address, contact details, employment information, and banking details. SIN is not required, but opting to include it with your information may increase your options for the amount of online lenders available to you.

Loans Canada is not a lender but a finance search platform that connects borrowers to several lenders. They have been operating since 2012. Loans Canada allows users to compare the rates and the terms of conditions of different lending companies on their site before making a choice. The site matches the details you provide during registration with different lenders and suggests the best lenders for you.

Loans Canada has loan options for people with bad credit scores. However, the interest rate for this type of loan on the site has a higher interest rate. For just $1, the site can help you monitor your credit to help improve your credit score.

Application for a loan on loans Canada can be completed within 10 minutes, and your money can be wired into the bank account you provided in 48 hours or less.

Loan Connect acts like a middleman that connects its users to lending companies who are affiliated with them.

To get access to their services, you should reside in Canada and must be 18 years old or above. Credit score ratings are not a requirement from loan approval Al on the site. They collect personal information from their users to help them serve you better.

The minimum interest rate for their loan options starts at 10%; some options go up to 46.96%. The payment option on the site is flexible. You can choose bi-weekly, weekly, or monthly payments, depending on your chosen lender. Loan Connect has payment penalties such as prepayment, late payment, and more, depending on your chosen lender. They fund their users within 48 hours of loan approval.

Select a loan offer that’s right for you and the funds will be deposited into your bank account via direct deposit. Investors will have the opportunity to fund your loan, which is done anonymously.

goPeer charges borrowers with one single origination fee, the amount of which is dependent on how much you would like to borrow. There are no early repayment fees or hidden costs for taking out a peer to peer loan on goPeer. goPeer is able to offer better rates to borrowers than traditional lenders while allowing everyday Canadian investors to access consumer credit as an asset class.

Mogo is a fintech company regulated by FINTRAC that began operation in 2003. They features free credit score monitoring and early prepayment on Mogo has no penalty fee. This service is a good option for clients who have ongoing mortgage loans or other debts with Mogo.

Once you have completed your registration with Mogo, you can access a personalized dashboard. Here you can see the different types of loans you can apply for on the site. Mogo loans are subdivided into two, namely, Mogo liquid and Mogo mini. Mogo liquid loans have a 5-year loan term, while the Mogo mini loans have a 1-year loan term.

Consolidated Credit Canada is a non-profit organization that provides debt counselling services to Canadians. As a start, consumers who join Consolidated Credit Canada get access to a free credit counsellor.

Having been in business since 2005, Consolidated Credit is dedicated to assisting customers in meeting their credit, debt, and financial obligation consolidation goals. The importance of education to one's economic success is widely acknowledged by the firm. Credit counselling, debt consolidation, and lessons on budgeting are all part of the service they offer.

Debt management services through Consolidated Credit Canada are offered for a cost. However, the initial consultation is free. Consolidated Credit Canada incorporates its monthly costs into the payment you make toward your debt, and the amount is dependent on your financial situation and monthly budget.

Check out Consolidated Credit Canada's credit counselling services if you are having trouble making your credit card payments and would want to reduce your interest rate.

Consolidated Credit has been providing its services as a nonprofit credit counselling agency for over 28 years. There have been over 10.2 million people who have used their debt relief service, and they have saved over $9.75 billion in the process.

Consolidated Credit offers a number of debt relief options, including a debt management program, debt negotiation, and debt consolidation services, to help clients better manage and repay their obligations.

If you're behind on your mortgage payments and worried about losing your home to foreclosure, you can seek help from a housing counsellor.Credit card debt, medical bill collections, utility and service contract arrears, payday and personal loans, and retail shop credit can all be consolidated through the company.

The website offers an abundance of free materials to improve your financial situation. Visit the Consolidated Credit website or call to speak with a certified credit counsellor for free about your debt consolidation and repayment alternatives.