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QuadFi logoQuadFi Review 2026

★★★★★ 5.0 · 2 borrower reviews
A university qualification is part of the eligibility test at QuadFi, which lends to graduates and newcomers holding thin Canadian credit files. Amounts run $5,000 to $50,000 over 36 or 60 months from 5.99%, with no administrative, prepayment or origination fees.

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Rates checked August 24, 2026
In business
Since 2018
Provinces
3 of 13

Our verdict

Written and analysed by Smarter Loans Editorial Team · Reviewed by Rafael Rositsan

Best for
University graduates and newcomers with a thin Canadian credit file
Not for
Applicants without a university qualification, or outside Ontario, Alberta and British Columbia
What we like
  • + No administrative, prepayment or origination fees
  • + Rate starts at 5.99%
  • + No co-signer required
  • + Application takes about five minutes
Where it could improve
  • − Restricted to university graduates
  • − Three provinces served
  • − The 5.99% floor is quoted for good credit only
  • − Only two terms are offered, 36 or 60 months

Products offered

Each product is priced separately. Compare them below.

Personal Loan
Unsecured · AB, BC, ON
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Amount
$5,000 - $50,000
Rate
From 5.99% APR
Terms
36 - 60 months
Funding
24 hours
Min income
$1,500/mo

See if you qualify

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

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

Contact QuadFi

Get in touch

Support and hours

  • 9am to 5pm, Monday through Friday
  • ChannelsSocial Media, Email, Call Centre, FAQs, Blog

Borrower reviews

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

★★★★★ Thank you QuadFi

Before QuadFi, I was paying more than double the interest rates — affecting me financially and mentally.

QuadFi Customer
★★★★★ Quick and transparent

QuadFi had a very transparent process that helped me quickly identify how much I could refinance at what rates.

QuadFi Customer

Common questions about QuadFi

What is QuadFi?

Quadfi is a unique Canadian online lender that started in Toronto. They offer a helping hand to all invisible credit groups in the country including recent grads and Newcomers.

What is QuadFi do?

QuadFi aims to empower fellow Canadians to realize their career aspirations by supporting them with their financial obligations. Their mission is simple: to extend low-cost personal loans to anybody who needs it.

What is QuadFi's goal?

QuadFi's goal is financial inclusion, we are here to help young people and newcomers through their journey towards financial freedom.

Who does QuadFi help?

If you are struggling with your financial obligations, if you have graduated and have a student debt, if you are a proud member of armed forces and are in need of financial backing, or if you just came to Canada and want to make purchases and need a trusted company to assist you with it, contact QuadFi, they can help!

Who is eligible for a loan with QuadFi?

If you are over 18, a Canadian citizen or permanent resident, and lack a traditional credit score, you are eligible. At present, QuadFi can serve customers in Ontario, British Columbia and Alberta.

Will applying for a loan with QuadFi affect my credit score?

To make a loan offer, QuadFi conducts a soft credit check. This won’t affect your credit score. If you take their loan, they ask for a full credit report from our credit reporting partners. This is a hard credit check and can impact your credit score. On the other hand, paying off a loan is one of the best ways to build a strong credit score! In either case, they always get your permission before contacting third parties.

QuadFi · $5,000 - $50,000 · funding in 24 hours Apply Now