small loans canada

Get up to $35,000 fast

We know that getting a small loan with bad credit can be tough. From low-interest rates to flexible terms, these loans are perfect for anyone who needs a little extra cash but doesn’t have the best credit score. Read on and learn more about each of our picks!

What is a small loan?

A small loan is a type of short-term, unsecured personal loan that typically ranges from $500 to $25,000. They can be good for people who need money in an emergency situation and don’t have time to wait out the approval process with a traditional lender like a bank or credit union. But before we get into our favorite loans, let’s start by talking about what they are!

Can I get a small loan with a bad credit?

Getting a small loan with bad credit is possible, but it will take a bit of legwork to determine the best options for your financial situation. You’ll want to make sure to understand all of your loan’s terms, so you don’t end up paying astronomical interest rates or fees. Learn more about our picks for the best small loans for bad credit.

Terms you need to know

Terms vary by company, but here are some general guidelines in understanding what you’re signing up for when applying for a small personal loan. Keep these things in mind before funding your account online or over the phone! · Origination fee - The origination fee is just like any other bank-related fees that you might encounter on credit cards or loans from traditional lenders; it’s charged as part of their cost to process this type of transaction. Many small personal loans charge an origination fee ranging from $0 to around $75 per individual