One application. 16 lenders from our 50+ network. Funded in 24 to 48 hours.
Apply Now One application routed to where you qualify.
Every Apply button starts the same single application. Your chosen lender is prioritized first.
Toronto is the deepest lender market in Canada, and the same lenders serve every Ontario city.
Four gates, in the order lenders apply them.
The rest require employment or self-employment. This field decides more applications than credit score does.
Income floor is absolute. Most lenders publish a minimum monthly income, most commonly $1,500 per month. Below a lender's floor, nothing else compensates.
Credit is more flexible than expected. 11 of 16 lenders serving Toronto approve applicants below a 560 credit score. A decline is one lender's threshold, not the market's.
Banking history can replace credit history. Lenders that connect read-only to your account assess deposit regularity rather than your file, approve applications a bureau score would decline, and fund fastest.
Worth checking before borrowing. Each costs less than any loan.
Licensing is provincial, so the same lenders serve every Ontario community. Ontario has no separate high-cost credit licensing band; the federal 35% cap does the work. The regulator is Consumer Protection Ontario. The full picture is on the Ontario page.
Yes. Several lenders serving Toronto operate branches in the city, including easyfinancial and Money Mart; the rest are online only. Online applications generally fund faster, often the same day by e-Transfer, but a branch can help if you would rather hand documents to a person.
No. Rates are set by lender and credit profile, not by city, and the same 35% federal cap applies province-wide. What differs is the borrowing pattern: Toronto requests average slightly below the Ontario average, and the city accounts for the largest share of provincial applications.
