Updated September 30, 2026 · BorrowCue Editorial Team

Top loans for bad credit compared in Canada

20 lenders available in Canada, ranked for Canada.

We earn a commission when you sign up through links on this site. Partner status can affect where a brand appears in our rankings. How we rank

Top loans for bad credit compared in Canada
#	Lender	Score	Features	Key facts	Actions
1	BorrowellTop pick Credit Builder cash back rewards on select Marketplace products	8.9/10		APR: 0% Loan amount: CA$500 to CA$50,000 Term: 48 months	Review Compare Visit
2	Alt Lending	9.4/10	Fixed rate	APR: 3% Arrangement fee: 0 Credit check: Soft prequal	Review Compare See alternatives
3	CMCA	9.3/10	Same day funding	Loan amount: CA$5,000 to CA$100,000 Credit check: Hard Funding time: Same day funding upon approval, within 24 hours	Review Compare See alternatives
4	OneMain Financial	9.3/10	Fixed rate Same day funding	APR: 11.99% to 35.99% Loan amount: $1,500 to $30,000 Term: 24 to 60 months	Review Compare See alternatives
5	Bluevine	9.2/10	Same day funding	Loan amount: up to $250,000 Arrangement fee: 0 USD (no maintenance fees) Credit check: Soft prequal	Review Compare See alternatives
6	Salt Lending	9.2/10	Fixed rate Same day funding	APR: 7.49% to 10.5% Loan amount: $5,000 Term: 12 to 60 months	Review Compare See alternatives
7	Nyble	9.2/10	Fixed rate	APR: 0% Loan amount: CA$30 to CA$250 Arrangement fee: 0 CAD	Review Compare See alternatives
8	Advance Funds Network	9.1/10	Fixed rate Same day funding	Arrangement fee: No upfront fees Credit check: Soft prequal Funding time: Same day, funding in just 4 hours	Review Compare See alternatives
9	OnDeck	9.0/10	Fixed rate Same day funding	APR: 53.2% to 59.8% Loan amount: $5,000 to $400,000 Term: 18 to 24 months	Review Compare See alternatives
10	Spring Financial Evergreen Loan: $1,500 guaranteed loan after completing The Foundation: CAD 1,500 loan	9.0/10	Same day funding	APR: 9.99% to 35% Loan amount: CA$500 to CA$35,000 Term: 6 to 84 months	Review Compare See alternatives