FREQUENTLY ASKED QUESTIONS

We are a free loan-matching marketplace powered by the LeadScout platform. We connect Canadians seeking short-term or personal loans with a network of 50+ licensed lenders. We are not a lender — lenders pay us for successful matches. There is never any cost to you for using our service.

Yes, completely. You pay nothing to submit an application, receive offers, or compare lenders. Our revenue comes from lenders who pay a referral fee when a successful loan is arranged. You are never charged at any stage.

We work within the LeadScout network which includes provincially licensed lenders. Licensing requirements vary by province. We strongly recommend independently verifying any lender's licence through your provincial consumer protection office before signing any agreement.

We currently serve borrowers in Alberta, British Columbia, Ontario, Quebec, Saskatchewan, Manitoba, Nova Scotia, New Brunswick, Newfoundland, PEI, Northwest Territories, Nunavut, and Yukon. Product availability varies by province due to local regulations.

No. Many of our lenders specialize in bad credit and no-credit-check loans. They assess your income and banking activity rather than your credit history. Apply regardless of your score — there's no cost and no credit impact to check.

Our lenders accept: full-time employment, part-time employment, self-employment, gig work, Employment Insurance (EI), disability benefits (ODSP), Canada Pension Plan (CPP), Old Age Security (OAS), child tax benefits, and other regular income sources.

No. Our initial matching process via LeadScout uses a soft inquiry — no impact on your credit score. If a specific lender performs a hard inquiry before final approval, they must disclose this and obtain your consent first.

Yes. Some lenders specialize in post-discharge applicants. Your discharge must be complete and you'll need stable income. Loan amounts may be smaller initially as your credit profile rebuilds.

Applicants must be at least 18 years of age. In BC, Nova Scotia, and New Brunswick, the age of majority is 19 — applicants from those provinces should be at least 19.

Rates vary significantly by loan type. Payday loans are regulated provincially ($15–$23 per $100 borrowed depending on province). Installment loans: APR 19.99%–46.96%. Personal loans for stronger credit may be lower. All rates are fully disclosed before you sign.

Loan amounts range from $100 to $35,000. Payday loans typically max at $1,500, installment loans at $5,000, and personal loans up to $35,000. The amount you qualify for depends on your income, province, and lender criteria.

Once matched, approved, and verified, funds are typically sent via Interac e-Transfer the same business day for morning approvals, or the next business day. The e-Transfer arrives within minutes of being sent.

Contact your lender immediately. Most provinces legally require lenders to offer an extended repayment plan. Never ignore a missed payment — proactive communication with your lender is always the best approach to avoid additional fees and collection activity.

No legitimate lender should charge undisclosed fees. Canadian consumer protection laws require full cost of credit disclosure before signing. Always read your loan agreement carefully. If you notice undisclosed charges, you have the right to cancel within the province's cooling-off period.

We use 256-bit SSL encryption for all data transmission and are fully compliant with Canada's PIPEDA. Your information is shared only with lenders in the LeadScout network for the purpose of finding you a loan match, as described in our Privacy Policy.

Your personal information is shared with our lending partners for loan matching purposes only. We do not sell your data to unrelated third-party marketers. Please review our full Privacy Policy for complete details.