Bad Credit Loans Toronto

If you have less than perfect credit, you may be having a difficult time getting financing in Toronto. The truth is that most financial institutions, including banks, don’t get very excited about lending money to people with bad credit. But you are not alone. Lots of people with bad credit are able to get a fast loan in Toronto, at a reasonable interest rate. We`ve compiled a list of the most trusted and reputable lenders in Toronto – you can browse them in the chart below.

Many of them are able to offer you financing even if your credit is less than poor. In fact, you could even rebuild your credit history if you use one of their products and make timely payments. Don`t let bad credit hold you back. Click one of the lenders below to learn about their terms, conditions, loan qualifications and how to apply online. It`s fast and easy. Bad credit loans in Toronto are easier to get than you think. You can also apply right here at Smarter Loans and we’ll connect you to the right lender.


Toronto Statistics

  • Average HI is $82,900.
  • As per the most recent available information, an average consumer debt in Toronto is at $36,400. In that Toronto just sank below Ontario’s average.
  • Toronto’s primary employment areas are manufacturing, educational services, accommodation and food services.
  • Employment rate: 60%.
  • Based on the most recent stats, on the average, a salary in Toronto is at the level of $54,000 per month.
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 online financial platform gives you access to reliable Bad Credit Loan lenders in Toronto for all your financing needs.

Browse through our catalogue of Bad Credit Loan companies to get access to the most current Bad Credit Loan rates in Toronto

Bad Credit Loans are generally utilized for the following purposes (including but not limited to)

  • gaining medium to relatively large sums of cash almost immediately
  • obtaining a loan with minimal documentation
  • obtaining a loan with poor credit
  • paying off higher interest loans like credit cards
  • consolidating and paying off debts with higher weighted average interest rates

Different Types of Loans in toronto

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