Published instalment loan terms, side by side. Rates reviewed August 2026.
Best for: Borrowers with poor credit and modest income who need $5,000 or less
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| Loan Away | Magical Credit | |
|---|---|---|
| Amount range | $1,000 – $5,000 | $1,500 – $20,000 |
| Rate | 19.9 - 34.5% APR | 34.86% APR |
| Term | 12 – 36 months | 12 – 60 months |
| Funding speed | 1 day | 2 days |
| Minimum income | $1,000/month minimum | $2,000/month minimum |
| Income types | 3 income types accepted | 6 income types accepted |
| Minimum credit band | poor | fair |
| Provinces | 6 provinces | 1 provinces |
