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Personal Loans Montreal

Last Updated: November 05, 2024
Written by: Amy Orr
Reviewed by: Jenna West
Originally Published: October 10, 2016

As a city of international commerce, Montréal is filled with financial services companies ready to assist you with your money needs. Personal loans are very common; these flexible loans can provide the cash you need to cover unexpected expenses, to consolidate debt, or to buy that new car you’ve had your eye on. At Smarter Loans, we got you covered.

Choosing Your Personal Loan

It’s no surprise that a city as big as Montréal has a variety of lenders. The good news is there are enough personal loan providers in Montréal to find a loan that works for you, no matter your circumstances; the bad news is it may feel overwhelming to sort through your options. That’s where we come in.

At Smarter Loans, we’ve taken the guesswork out of loan shopping. Check out our list of lenders below; each has been vetted for reputability. You can contact any company

Frequently Asked Questions About Personal Loans in Montreal


What is a personal loan?

A personal loan is any loan that is offered to Canadian consumers. The majority of personal loans allow you to borrow a fixed amount of money (usually anywhere from $500 to $20,000), which you must repay over time, plus interest and associated fees.

Chart of debt to income ratio in Quebec vs. rest of Canada.

How can I use a personal loan?

You can use a personal loan any way you like – for debt consolidation, a purchase, home or car repairs, an emergency, or something else entirely.

Chart showing common personal loan uses.

How eas

Written By:

Amy Orr

Amy Orr is a professional writer and editor with over 10 years of experience in the Canadian, U.S. and U.K. financial markets. She has written for numerous publications on topics as diverse as economic literacy, corporate finance, and technical analysis of numerical data. Prior to transitioning to full-time writing, she worked in the hedge fund sector. Her academic background is astrophysics, and she has a Masters in Finance from the University of Edinburgh Business School.

Reviewed By:

Jenna West

Jenna West is Smarter Loans' in-house financial writer and content director. She has been covering the Canadian FinTech and finance industry since 2017, including financial trends analysis, industry surveys, regulatory updates and changes in Canadian consumer behaviour when it comes to finance.


What our users think...

4.5
Based on 138 reviews
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Nate CampeauNate Campeau
13:22 27 Oct 24
This company is reliable, quick, and just has the best customer service and rates it is a easy process with quick results. Would definitely recommend to anyone that needs the help.
Bles4lif Pro-DreBles4lif Pro-Dre
19:29 23 Oct 24
Vincent JohnsonVincent Johnson
07:08 23 Oct 24
Good place for borrowing a bit of money 😁
Kels HillKels Hill
06:41 23 Oct 24
Personally love this opportunity and app. Super convenient and easy to use and super awesome variety of great loans. Thanks so much guys for making such an awesome site and app and being there for me over the years. :)
Tara HartTara Hart
16:23 16 Oct 24
From beginning to end, my experience was great! Very professional and personable agents. They only asked questions that were needed for the loan and payments were extremely reasonable. Would recommend to anyone who needs emergency funds.
A ScottA Scott
19:43 11 Oct 24
“ Thank you SO very much! My situation was tricky and you guys made the whole process so effortless. The way you guys handle the whole process so discreetly. That truly speaks to how well your office is run and the caliber of specialists who handled the processing of my entire loan!”
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