BestMoney Score
BestMoney Score
Partner: A-Z
Partner: Z-A
Spring Financial
4.5
Updated
Sep, 2026
Our Score
Cost
9.0/10
Experience
9.0/10
Flexibility
8.6/10
Support
8.9/10
Consolidated Credit Canada
4.2
Updated
Sep, 2026
Our Score
Cost
8.0/10
Experience
8.5/10
Flexibility
8.7/10
Support
8.5/10
Mogo
4.1
Updated
Sep, 2026
Our Score
Cost
10.0/10
Experience
6.0/10
Flexibility
6.5/10
Support
10.0/10
GoPeer
3.8
Updated
Sep, 2026
Our Score
Cost
7.7/10
Experience
7.5/10
Flexibility
7.3/10
Support
7.5/10
Consolidated Credit
3.7
Updated
Sep, 2026
Our Score
Cost
8.0/10
Experience
6.6/10
Flexibility
8.6/10
Support
6.5/10
Loan Detail
Minimum Loan Amount
The minimum loan amount is the smallest sum a lender allows borrowers to apply for.
Maximum Loan Amount
The maximum loan amount is the largest sum available to qualified borrowers from the lender.
Minimum Loan Term
The minimum loan term is the shortest repayment period offered by the lender.
Maximum Loan Term
The maximum loan term is the longest repayment period available for a given loan.
Minimum APR
The minimum APR represents the lowest possible interest rate available to qualified applicants.
Maximum APR
The maximum APR represents the highest potential interest rate a borrower could receive.
Minimum Processing Time
The minimum processing time is the fastest period in which a lender can review and approve a loan.
Maximum Processing Time
The maximum processing time is the longest duration a lender may take to finalize a loan decision.
Same-Day Approval
Same-day approval means the lender can review and approve your loan application within the same day.
Same-Day Funding
Same-day funding means approved funds are deposited into your account on the same day as approval.
Bankruptcy Friendly
Bankruptcy-friendly loans are available to applicants who have a past or discharged bankruptcy.
Consumer Proposal Friendly
Consumer proposal-friendly loans are open to borrowers currently under or who have completed a consumer proposal.
Debt Consolidation Friendly
Debt consolidation-friendly loans allow borrowers to combine multiple debts into a single manageable payment.
Flexible Repayment
Flexible repayment allows borrowers to choose or adjust repayment schedules to fit their budget.
Credit Building Loan
A credit-building loan helps borrowers improve their credit score through consistent, on-time payments.
Loan Requirements
Minimum Credit Score
The minimum credit score is the baseline score required to qualify for a loan.
Maximum Credit Score
The maximum credit score typically accepted or considered for the best loan terms.
Minimum Monthly Income
The minimum monthly income is the lowest income required each month to qualify for a loan.
Minimum Yearly Income
The minimum yearly income is the total annual income needed to meet the lender’s eligibility criteria.
Minimum Income Time
The minimum income time is the required period you must have earned a stable income before applying.
Minimum Age
The minimum age is the youngest age at which an applicant is eligible to apply for a loan.
Canadian Bank Account
A Canadian bank account is required to verify identity and receive approved loan funds.
Deposit Methods
Bank Deposit
Bank deposit means loan funds are sent directly to your Canadian bank account.
E-Transfer Deposit
E-transfer deposit means funds are delivered quickly via secure Interac e-Transfer.
Revolut Deposit
Revolut deposit allows funds to be sent directly to your Revolut digital banking account.
Paypal Deposit
PayPal deposit means funds are transferred to your linked PayPal account for easy access.
Wise Deposit
Wise deposit means your loan funds are transferred through the Wise money transfer platform.
Fees
Membership Fee
A membership fee is a one-time or recurring charge required to access the lender’s services.
Missed Payment Fee
A missed payment fee is charged when a scheduled loan payment is not made on time.
Platform
Broker
A broker connects borrowers with multiple lenders to find suitable loan options.
Direct Lender
A direct lender provides loan funds directly without involving third-party brokers.
Website
The website is the lender’s online platform for applying, managing, or learning about loans.
Mobile App
The mobile app allows borrowers to apply for and manage their loans conveniently from a phone.
24/7 Support
24/7 support ensures customer assistance is available at any time, day or night.
Chat Support
Chat support lets borrowers communicate with customer service through live or automated online chat.
Online Application
An online application allows you to apply for a loan digitally from any device.
Spring Financial
Consolidated Credit Canada
Mogo
GoPeer
Consolidated Credit
