Published instalment loan terms, side by side. Rates reviewed August 2026.
Best for: Borrowers who want branch support and the option to scale from a small unsecured loan to a large secured one
Apply Now Full profileBest for: Ontario borrowers with fair credit who need $1,500 or more and have been declined elsewhere
Apply Now Full profile| easyfinancial | Magical Credit | |
|---|---|---|
| Amount range | $500 – $20,000 | $1,500 – $20,000 |
| Rate | 9.99 - 34.99% APR | 34.86% APR |
| Term | 9 – 84 months | 12 – 60 months |
| Funding speed | 2 days | 2 days |
| Minimum income | $1,200/month minimum | $2,000/month minimum |
| Income types | 5 income types accepted | 6 income types accepted |
| Minimum credit band | poor | fair |
| Provinces | All provinces and territories | 1 provinces |
