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Personal Loans Vancouver

Last Updated: December 10, 2024
Written by: Amy Orr
Reviewed by: Jenna West
Originally Published: October 06, 2016

Personal Loans in Vancouver, BC

Vancouver is filled with lenders for personal loans. These loans can be quickly compared on Smarter Loans and give you the ability to add that extension to your home, buy that new car, even to pay off your debts. It’s no surprise that in Vancouver a personal loan is one of the most commonly used. Because personal loans use your credit score and financial history to assess your application, the terms on these loans tend to be very good. Depending on the lender, the interest rates, payment periods, and conditions of the loans will differ. If your finances are kept in check, it’s easy to secure a loan with great interest rates and a payment schedule that works for you.

As these loans can come with such varying terms, it’s important that you apply to the most reputable and most trusted loan provider in Vancouver. Finding the best lender can be a tedious process. Though traditional lenders are common, an alternative lender is probably a great solution to getting a personal loan in Vancouver with terms that work for you. If you’re looking to get approved efficiently, an online loan is a great solution. At Smarter Loans, we let you know what each of our pre-vetted lender’s terms and conditions are, and give you the ability to apply directly from our site. Check out the list of online lenders below and apply today.

Vancouver Information Sheet

  • Vancouver, incorporated in 1886, is a municipality in Southwestern British Columbia. Vancouver’s population: 631,000.
  • Vancouver’s employment rate: 60%.
  • Vancouver’s biggest employment sectors are real estate and rental and leasing, arts, entertainment and recreation, management of companies and enterprises.
  • Average Household Income is $89,200.
  • On the average, consumer debt in Vancouver is estimated at $36,000. For this factor Vancouver just came above British Columbia’s average.
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 platform helps you select reliable Personal Loan providers in Vancouver for all your borrowing needs.

Check our pool of Personal Loan lenders to get access to the lowest Personal Loan rates in Vancouver

Personal Loans are commonly used for the following goals

  • gaining cash on a reasonably quick timeline
  • low processing and documentation requirements
  • offering flexibility in spending outlets
  • gaining cash without collateral
  • paying lower rates than credit cards

 

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...

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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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