Loans on goPeer are funded by other Canadians rather than by a bank. Amounts run $1,000 to $25,000 at 8% to 33.92% over 36 or 60 months. Applicants need a score above 600 and cannot be receiving Employment Insurance.
Four questions checked against goPeer's published criteria, per product. No application started.
Answer the questions to check goPeer's published criteria
Educational check against published criteria. Not an approval or offer.
Eligibility and documents
goPeer publishes an eight-item checklist, and the unusual entries are about time: three years as a Canadian resident, twelve months clear of bankruptcy, three trades on file.
Who qualifies
Age and residency
18 or older, a Canadian resident for at least 3 years
Minimum credit score
600, Equifax FICO 8
Income basis
Annual, and not from EI, CERB or other government programs
Debt to income
Under 35 percent
Credit file
At least 3 trades, no bankruptcy in the last 12 months
Where it lends
13 provinces and territories
What you need to apply
An online application, with a response within one business day
goPeer's clock and calendar
Government income does not qualify
What counts toward the annual figure has to be earned. Payments from EI, CERB and related programs are excluded from the income test outright, whatever their size.
History is a requirement
Three years as a Canadian resident, at least three trades on the credit file, and twelve months since any bankruptcy. The file needs age as well as cleanliness, so a newcomer or a fresh credit profile fails on time alone.
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Borrower reviews
2 reviews from borrowers who used goPeer.
Reviews are moderated; lenders cannot remove them.
★★★★★goPeer is a great platform
Great platform, very transparent...thank you goPeer!
David L
★★★★★Awesome Experience
This is the best loan experience I have ever had. I’m so happy I found out about GoPeer....I love the idea of my loan being funded by other Canadian investors.
Nicole
Common questions about goPeer
What is goPeer?
goPeer is Canada’s first consumer peer to peer lending platform dedicated to helping everyday Canadians to lend and borrow from each other. goPeer replaces banks and traditional financial institutions to provide better rates to borrowers while creating a new investment opportunity available to all Canadians.
What does goPeer offer?
goPeer offers affordable personal loans to help you achieve your financial goals. A peer-to-peer funded loan can be a great for a variety of needs such as debt consolidation, paying off high interest credit cards, home improvement, unexpected costs, vehicle expenses, medical expense, major purchases and more.
What does goPeer specialize in?
goPeer specializes in peer-to-peer lending. Borrowers may apply through goPeer and everyday Canadian investors may choose to invest and fund their loans.
What kind of loans does goPeer offer?
goPeer offers unsecured personal loans, installment Loans and debt consolidation.
What is the interest rate on a goPeer loan?
The APR range on a goPeer loan is between 8% - 33.92%.
How much can I borrow from goPeer?
You can borrow anywhere from $1,000 - $25,000 from goPeer.
goPeer · $1,000 - $25,000 · funding in 24 hoursApply Now
goPeer Review 2026
