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easyfinancial

Avg. Rating: 4.8 (16 reviews)

easyfinancial, a division of goeasy Ltd., is one of Canada’s leading non-prime consumer lenders, providing everyday Canadians with access to responsible credit solutions when traditional banks may not be an option. Since its launch in 2006, easyfinancial has supported individuals and families in building stronger financial futures through flexible personal and home equity loans, financial education tools, and a commitment to second chances.

easyfinancial specializes in helping non-prime borrowers access unsecured personal loans ranging from $500 to $20,000 and secured home equity loans from $15,000 to $100,000. With interest rates starting as low as 9.99% and repayment terms of up to 240 months, easyfinancial offers practical lending options designed to meet diverse financial needs. Customers can get approved in minutes, receive funds in as little as 24 hours, and improve their credit with every on-time payment.

With over 2,400 dedicated team members across Canada, easyfinancial is proud to provide a path to a better tomorrow—today. From online applications to branch-level support, easyfinancial continues to grow its national footprint while empowering Canadians to rebuild their credit, reach their goals, and take control of their financial well-being.

  • TIME IN BUSINESS: Since 2006
  • # OF CUSTOMERS: Over 1.5 Million
  • TOTAL FUNDED: Over 12 Billion
  • LOANS OFFERED: Personal Loan, Home Equity Loan
Visit site and apply

1-888-502-3279

loans@goeasy.com 33 City Centre Drive, 5th floor, Mississauga, ON, L5B 2N5
Call Center: Mon-Fri 9am - 1030pm EST
Sat 10am-830pm EST
Sun 10am-630pm est
Support Offered:
  • Web Chat
  • Help Center/Blog
  • Email Support
  • Call Centre
Availability: All of Canada

Products Offered

Below are all the products offered by this company.

Conditions & Rates

Interest rate

  • Interest rates range from 29.99% to 34.99%, based on loan amount, term, and credit profile

 

Amount

  • $500 to $20,000 everywhere in Canada, except Quebec
  • $1,000 to $20,000 in Quebec

 

Term

Repayment terms range from:

  • 9 to 84 months in ROC
  • 24 to 78 months in Quebec

Eligibility & Documents

Minimum monthly net income of $1,200, with at least $1,000 earned from:

  • Full-time or part-time employment
  • Self-employment
  • Disability benefits
  • Pension income

If a co-signer is present, the income requirement may be waived

Required documents include:

  • Valid government-issued ID
  • Proof of income
  • Proof of address
  • Void cheque or pre-authorized debit form

 

Repayment & Issuance

  • Funds available in as little as 24 hours via Interac e-transfer

  • Repayments are spread across your selected loan term

  • On-time payments help build or improve credit

  • Eligible applicants can receive a 2% rate reduction with a co-applicant

Conditions & Rates

Interest rate

  • Interest rates range from 9.99% to 25.99%

 

Amount

  • Loan amounts range from $15,000 to $100,000 in both ROC and Quebec

 

Term

  • Repayment terms range from 72 to 240 months

 

Notes

  • Final loan terms depend on your loan amount and credit assessment

  • Additional fees apply and may include a 6-month loan interest penalty if the loan is paid off within the first 36 months

Eligibility & Documents

Minimum monthly net income of $1,200, with at least $1,000 earned through:

  • Full-time or part-time work
  • Self-employment
  • Disability or pension income

Required documents include:

  • Valid government-issued ID
  • Proof of income
  • Proof of address
  • Void cheque or pre-authorized debit form
  • Annual mortgage statement
  • Annual property tax statement

 

Repayment & Issuance

  • Applicants can apply in less than 10 minutes
  • A loan quote will not impact your credit score
  • Loan funds are typically issued quickly once approved
  • On-time payments can help build or improve your credit
  • easyfinancial’s lowest available rate for home equity loans starts at 9.99%

Articles About easyfinancial

easyfinancial offers borrowers more than cash – it offers a “second chance”
By Mashoka Maimona

Mashoka is a journalist for the London Press and the National Post, currently specializing in finance, business and technology.

Frequently Asked Questions About easyfinancial

What is easyfinancial?

easyfinancial is a Canadian non-prime consumer lending provider that helps everyday Canadians access personal loans and home equity loans. Designed for those who may have been turned down by traditional banks, easyfinancial offers a second chance to rebuild credit, improve financial health, and work toward long-term financial stability.

Who does easyfinancial help?

easyfinancial supports non-prime Canadians—those who may have limited credit history, past credit challenges, or have been denied by traditional banks. In fact, over 70% of easyfinancial customers have been turned down for credit elsewhere.

What types of loans does easyfinancial offer?

easyfinancial offers two main loan types. Personal Loans (Unsecured) allow you to borrow between $500 to $20,000, depending on your province, with repayment terms ranging from 9 to 84 months and interest rates between 29.99% and 34.99%. Home Equity Loans (Secured) offer loan amounts from $15,000 to $100,000, with interest rates starting at 9.99% and going up to 25.99%, and terms ranging from 72 to 240 months.

Can I apply if I have bad credit?

Yes. easyfinancial is designed to support customers with low or no credit scores. With each on-time payment, borrowers can work toward rebuilding their credit and improving their financial standing.

How fast can I get the money?

Once approved, loan funds can be deposited as quickly as within 24 hours via Interac e-Transfer.

Does applying affect my credit score?

No—easyfinancial allows you to get a loan quote without impacting your credit score.

What makes easyfinancial different from payday lenders or banks?

easyfinancial offers larger loan amounts, longer repayment terms, and more manageable interest rates than payday lenders. Compared to traditional banks, easyfinancial provides accessible options for those with non-prime credit, helping clients get back on track and eventually qualify for prime lending products.

Where can I apply or learn more?

Visit easyfinancial.com to start your application or explore more about how easyfinancial is helping Canadians create a better financial future.

What do I need to apply for a loan from easyfinancial?

To apply for a loan from easyfinancial, you’ll need a valid government-issued ID, proof of income, proof of address, and a void cheque or pre-authorized debit form. If you’re applying for a home equity loan, you’ll also need to provide a mortgage statement and a property tax statement.

easyfinancial Reviews

Avg. Rating: 4.8 (16 reviews)
WRITE A REVIEW
Quick and easy!

I had a great experience at easyfinancial. They are friendly and always helpful. Thank you for great advice!

Matthew
Consolidated

Easy process to consolidation loan application and approval. Good company to deal with and they really understood my position.

Blake
If you need this,use them

I literally applied and it took me 10 minutes to do the application.
I got a call from their representative 10 minutes later,got approved went over few things and got funded so quickly!

Mary
Trying to build my credit

Well like many others, I'm trying to rebuild my credit and don't have the best score about 545. I got a quick approval like they stated for the amount I asked. They even found equity in my beater commuter car, which was a pleasant surprise.

Frank S.
Satisfied

You guys called me at just the right time to let me know I had funds available! Thanks Kitchener Forest Glen branch for your prompt and courteous service!

Anonymous
Great

overall great company

Dick
Love easy financial

It was frustrating going back and fourth with getting documents set for the pre approved loan but once I got it I was super ecstatic. Easy financial gave me a second chance at bettering my creditscore when no other finance company would help me with a loan. I was in bad financial need and easy financial pulled through. Thank you easy financial you guys helped me out greatly. Your staff also were a great help

Alex lavoie
Helpful

Very professional and helpful. They listened to my problem with patients and understanding.

Cat
Great experience

Quick, easy funding with very friendly and helpful staff. (via feefo)

Ryan M
Good experience

This being my first loan in a very long time, 1990 being the last time. I didn't know what to expect. The loan officer was helpful, pleasant and thoughtful. I was impressed by his professional performance and helping nature. I left happy and will use Easyfinancial when I need a loan again

Stewart
Fast service, high interest

Quick decisions and getting funds into my account. Interest rates are high. (via feefo)

Matt
Nice staff

Staff was very knowledgeable & helpful; easy to talk with & explained in detail all the necessary info required. I would definitely use easy financial again.

Patricia
Helpful

I got approved online within a few hours and went to an easyfinancial store near my house to get the funds. The extra cash helped me payoff some of my bills

Sarah
Seamless from Start to Finish

The whole process with easyfinancial was seamless. From application to funding, it was super fast!

Jennifer A.
Approved When the Bank Said No

I got a personal loan from easyfinancial when my bank said no. It was a huge relief. The interest rate was fair and I appreciated the support.

Damien P.
Stress-Free Debt Consolidation

easyfinancial helped me consolidate my debt with no hassle. The staff was professional and truly cared about my situation.

Natalie S.

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