Progressa logoProgressa Review 2026

★★★★★ 5.0 · 2 borrower reviews
Progressa pays your creditors directly. Loans run $1,000 to $15,000 over six to sixty months at 19% to 46.95%. The application asks for six months with your current employer, a longer tenure test than most instalment lenders apply.

Apply Now Check if I Qualify ↓

Rates checked August 24, 2026
In business
Since 2013
Customers served
35,000+
Branches
None
Provinces
11 of 13

Our verdict

Written and analysed by Smarter Loans Editorial Team · Reviewed by Vlad Sherbatov

Best for

Borrowers consolidating past due bills who have six months with their current employer

Not for

Anyone recently hired, or who wants funds paid to them rather than to their creditors

What we like

  • Pays past due bills at source
  • Terms run to 60 months
  • Net pay requirement is $1,500 a month with no credit score published

Where it could improve

  • Requires six months with the current employer
  • Rate reaches 46.95%
  • Funding takes 48 hours
  • Quebec and Nova Scotia are not served

Products offered

Each product is priced separately. Compare them below.

Personal Loan
Unsecured · ON, BC, AB + 8 more
Apply Now
Amount
$1,000 - $15,000
Rate
From 19% APR
Terms
6 - 60 months
Funding
24 hours
Min income
$1,500/mo

See if you qualify

Four questions checked against Progressa's published criteria, per product. No application started.

Answer the questions to check Progressa's published criteria
Educational check against published criteria. Not an approval or offer.

Eligibility and documents

Six months with the same employer is Progressa's tenure test, and the file behind it runs to five documents, including two pieces of photo ID.

Who qualifies

Residency
Canadian citizen
Age
18 or older
Employment
At least six months with your current employer
Where it lends
All provinces and territories except Nova Scotia and Quebec

What you need to apply

  • Proof of income
  • Proof of Canadian residency
  • 2 pieces of government issued photo ID
  • 3 months of bank statements
  • A pre-authorized debit form or void cheque

Progressa's tenure test

Six months at the job

The employment test is six months with your current employer, not six months of income in general. Switching jobs restarts the clock even inside the same industry and at the same pay.

Two pieces of photo ID

The document list asks for two pieces of government issued photo ID, a passport or driver's licence among them. One piece, however valid, leaves the file short.

Contact Progressa

Get in touch

Support and hours

  • Mon-Fri – 7AM – 9PM EST<br>
  • Saturday – 7AM – 7PM EST<br>
  • Sunday – Closed
  • ChannelsWeb Chat, Help Center/Blog, Email Support

Borrower reviews

2 reviews from borrowers who used Progressa. Reviews are moderated; lenders cannot remove them.

★★★★★

Thank you

I had some financial situation and all the other banks rejected my application. I almost declared bankruptcy but then I found Progressa. Thank you for saving my behind!!!

Soheil
★★★★★

Thank you for taking a chance on me

Progressa helped me pay off my BMO MasterCard and rebuild my credit. No one else would help me but progressa tool a chance. Thank you for the opportunity, i wont let you down!

Dan

Common questions about Progressa

Does Progressa send the money to me or to my creditors?

Progressa is built around paying past due bills at source. The funding methods it lists are direct pay by bill payment, cheque and direct deposit.

How long do I need to have been with my employer?

Six months. Progressa lists employer tenure alongside net pay above $1,500 a month as an eligibility requirement.

Which provinces does Progressa lend in?

All of Canada except Quebec and Nova Scotia.

How much can I borrow from Progressa and over what term?

$1,000 to $15,000, over six to sixty months, at 19% to 46.95%.

What documents does Progressa ask for?

Proof of income, proof of Canadian residency, and two pieces of government issued photo identification such as a passport or driver's licence.

How fast does Progressa release funds?

Within 48 hours. Repayment is taken by automatic debit on your pay period.

Progressa · $1,000 - $15,000 · funding in 24 hours Apply Now