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Installment Loans in Toronto, Ontario

Last Updated: November 12, 2024
Written by: Amy Orr
Reviewed by: Jenna West
Originally Published: July 26, 2018

As the capital of Ontario, Toronto is a large city with beautiful scenery all around. Toronto is one of the most developed cities in the World, with a large population that covers many communities and demographics. It is common for the city residents to be searching for installment loans online. These loans can be found on Smarter Loans and used to cover home renovations, pay for an unexpected repair or even catch up on some bills. If you are looking for a personal installment loan, it is important to deal with a trusted and reputable company who will treat you right. At Smarter Loans, we’ve made it easy to find and apply for an installment loan in Toronto with ease.

With Smarter Loans you can find the personal installment loan you need quickly and easily in Toronto.

Below you will find a list of Toronto’s most reputable online installment loan providers. You can review their products and terms, see what’s required to be approved, and even read some reviews. When you are ready, click “Apply Now” next to a company of your choice to start your online application. If you are approved, you can typically get a loan in a matter of days.

You also have the option to Pre-Apply with Smarter Loans and we will connect you with the most suitable installment loan provider in Toronto.

Toronto Fact Sheet

  • An average Toronto resident carries a burden of consumer debt of $36,400.
  • Employment rate: 60%.
  • Average household income in Toronto comes to $82,900.
  • Based on the latest stats, an average Toronto resident makes $54,000 per month.
  • Toronto’s strongest hiring industries are manufacturing, accommodation and food services, educational services.
This data was researched in 2019 and uses various information resources, including Canada’s National Statistics Agency, etc., where the information can be as of an older date. The facts above may change as new information becomes available. We do our best to keep the information up to date.

Our platform is your one-stop source for locating reputable Installment Loan lenders in Toronto for all your needs.

Written By:

Amy Orr

Amy Orr is a professional writer and editor with over 10 years of experience in the Canadian, U.S. and U.K. financial markets. She has written for numerous publications on topics as diverse as economic literacy, corporate finance, and technical analysis of numerical data. Prior to transitioning to full-time writing, she worked in the hedge fund sector. Her academic background is astrophysics, and she has a Masters in Finance from the University of Edinburgh Business School.

Reviewed By:

Jenna West

Jenna West is Smarter Loans' in-house financial writer and content director. She has been covering the Canadian FinTech and finance industry since 2017, including financial trends analysis, industry surveys, regulatory updates and changes in Canadian consumer behaviour when it comes to finance.


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Nate CampeauNate Campeau
13:22 27 Oct 24
This company is reliable, quick, and just has the best customer service and rates it is a easy process with quick results. Would definitely recommend to anyone that needs the help.
Bles4lif Pro-DreBles4lif Pro-Dre
19:29 23 Oct 24
Vincent JohnsonVincent Johnson
07:08 23 Oct 24
Good place for borrowing a bit of money 😁
Kels HillKels Hill
06:41 23 Oct 24
Personally love this opportunity and app. Super convenient and easy to use and super awesome variety of great loans. Thanks so much guys for making such an awesome site and app and being there for me over the years. :)
Tara HartTara Hart
16:23 16 Oct 24
From beginning to end, my experience was great! Very professional and personable agents. They only asked questions that were needed for the loan and payments were extremely reasonable. Would recommend to anyone who needs emergency funds.
A ScottA Scott
19:43 11 Oct 24
“ Thank you SO very much! My situation was tricky and you guys made the whole process so effortless. The way you guys handle the whole process so discreetly. That truly speaks to how well your office is run and the caliber of specialists who handled the processing of my entire loan!”
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