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Canadian loan matching

Compare Canadian loans in one place

loanwolf.ca explains how borrowing in Canada works, publishes the rules and benchmark rates behind it, and passes your request to a licensed lender or matching partner when you are ready. Free to use, and we are not a lender.

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16Loan types covered
13Provinces and territories
8Free calculators

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Personal Loans Unsecured or secured lump-sum borrowing repaid on a fixed schedule. Most Canadian personal loans run from $1,000 to… Bad Credit Loans Loans for borrowers whose credit history falls short of prime lending. Lenders weigh income, stability and banking … No Credit Check Loans Advertised as borrowing without a hard credit pull. A credit decision still happens, and the price of that flexibil… Payday Loans Short-term, high-cost credit of up to $1,500 for 62 days or less. Federal law caps the cost of borrowing at $14 per… Cash Advance Loans A cash advance against your next paycheque or credit line. Fast, but among the most expensive ways to borrow in Can… Emergency Loans Short-term financing for an unexpected bill. Urgency is exactly when borrowers pay the most, so compare before sign… Car Loans Vehicle financing secured by the car itself. Rates move with the vehicle's age, the term, your down payment and you… Auto Refinancing Replacing an existing vehicle loan with a new one, usually to lower the rate or the monthly payment. Home Equity Loans Borrowing against the equity in your home. Secured debt prices lower than unsecured credit, and your property backs…

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loanwolf.ca is not a lender. We do not make credit decisions, set rates, or guarantee approval. The lowest rates are only available to the most qualified applicants.

Free calculators

Work out the numbers before you talk to a lender. No sign-up required.

Loan Payment Calculator Work out the monthly payment, total interest and total cost of a fixed-rate instalment loan. Loan Interest Calculator See how much interest a loan costs in total, and how much of each payment goes to interest versus principal. Loan Affordability Calculator Estimate how much debt payment your income can carry using a debt-service ratio, and see what is left over. Car Loan Payment Calculator Calculate vehicle financing payments including down payment, trade-in, tax and term length. Mortgage Payment Calculator Estimate mortgage payments, total interest and the effect of amortisation length and payment frequency. Debt Consolidation Calculator Compare your current debts against one consolidation loan, and see whether the total cost actually falls.

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Find your province or city

Lending rules, cost caps and licensing differ by province, so start where you live.

Newfoundland and Labrador Capital: St. John's Prince Edward Island Capital: Charlottetown Nova Scotia Capital: Halifax New Brunswick Capital: Fredericton Quebec Capital: Quebec City Ontario Capital: Toronto

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The rules that govern your borrowing

Two federal limits frame every consumer loan in Canada. Both are cited to their primary source on the pages below.

Federal borrowing limits
LimitValueWhere it applies
Criminal rate of interest35% per yearGeneral ceiling for consumer credit under Criminal Code s. 347
Payday loan cost cap$14 per $100 advancedLicensed payday lending, where a province operates a regime

Sources: Criminal Code s. 347; Payday Lending Regulations SOR/2024-114. Quebec does not license payday lending.

Payday loan cost limits by province The maximum permitted cost of borrowing for a licensed payday loan, province by province, against the federal $14 per $100 cap. Criminal rate of interest The 35% criminal rate of interest in the Criminal Code, how it is calculated, and the payday lending exception. Credit reporting in Canada How Equifax and TransUnion collect and report credit information, how long entries stay, and how to get your free report. Borrowing costs compared How the main forms of Canadian consumer credit compare on cost, structure and risk, from credit cards through to payday loans.

Guides that explain the fine print

How to Get a Personal Loan in Canada: A Step-by-Step Guide A practical guide to personal loans in Canada: what lenders verify, what to prepare before applying, and the step-by-step process from pre-check to funding. Personal Loan Interest Rates Explained | loanwolf.ca How personal loan interest rates are set in Canada, why two borrowers get different quotes, and how to compare APR against the real total cost of borrowing. Interest Rate vs APR in Canada: What You Actually Pay APR bundles interest and fees into one yearly figure, so it shows the true cost of a loan. How to compare offers in Canada and use a loan interest calculator. How Much Can You Borrow in Canada? What Decides It What determines how much a Canadian lender will offer on a personal loan — and why income and debt-service ratios matter more than the advertised limit. How GDS and TDS Ratios Work for Canadian Loan Applicants GDS and TDS ratios decide whether a Canadian loan is approved. See how lenders calculate each one, what ceilings they apply, and how to improve yours. Secured vs Unsecured Loans in Canada: The Rate-Risk Trade Secured loans can cut your rate by putting an asset at risk. Compare secured and unsecured borrowing in Canada, and learn when pledging collateral is a mistake.

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How loanwolf.ca is paid

We are not a lender. We do not make loans, set rates, or make credit decisions. We may earn a commission when you click through to a lender or partner — it costs you nothing, and it does not change what we publish.

This page is general information, not financial, legal or credit advice. Every borrowing decision depends on your own circumstances. The lowest rates are only available to the most qualified applicants.

Find out what you qualify for

One short form, passed to a licensed lender or matching partner. Free, with no obligation to accept an offer.

Check your rate

loanwolf.ca is not a lender. We do not make credit decisions, set rates, or guarantee approval. The lowest rates are only available to the most qualified applicants.

Sources

City population figures: Statistics Canada, Population and dwelling counts: Canada and census subdivisions (municipalities), Census of Population 2021, table 98-10-0002. As of 2021-05-11; retrieved 2026-09-17. View the source table.