In this quick review, we’ll cover MDG Financial – who they are, what they offer, and how to apply.
Who is MDG Financial?
MDG Financial is a Canadian fintech lender with deep roots in consumer financing. Established in 1991, MDG has helped millions of Canadians access affordable and flexible credit options to make essential purchases more attainable.
Their mission is simple – to make financing convenient, fast, and transparent for everyday Canadians, whether you’re buying new electronics, home furnishings, or simply need a quick cash boost.
What Does MDG Financial Offer?
MDG provides two main credit solutions to fit different needs:
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Personal Installment Loans – Borrow up to $20,000 with funds deposited in as little as three hours after approval. These loans are perfect for unexpected expenses, home projects, or consolidating debt.
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Line of Credit – Access up to $3,200 through your MDG.ca account, allowing you to purchase products directly such as computers, appliances, or furniture with affordable payment plans.
Both options come with flexible repayment terms and transparent costs, so you always know what you’re paying.
MDG’s online process is fast and easy, with approvals often completed within hours — giving Canadians quick access to credit without the hassle of traditional banking.
Eligibility Requirements
To qualify for MDG Financial’s loan or credit line, you must:
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Be a Canadian resident aged 18 or older
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Have a reliable source of income (no minimum income required)
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Hold a minimum credit score of 560
Once approved, borrowers receive a fixed monthly repayment plan that fits their budget.
Why Choose MDG Financial?
MDG stands out for its speed, flexibility, and accessibility. With a long track record of helping Canadians build credit and access essential financing, they’ve earned a strong reputation for reliability.
Borrowers love the convenience of applying fully online and receiving funds quickly — often the same day. Plus, the integrated MDG.ca line of credit makes it easy to finance larger household purchases without using high-interest credit cards.
How to Apply
Applying through Smarter Loans is simple and secure:
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Click Apply Now.
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Complete the online application form with your details.
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Receive approval and funding – often within three hours.
You can then choose between a personal loan or a credit line for MDG purchases, depending on your needs.
Our Verdict
MDG Financial is a trusted, long-standing Canadian lender offering fast, flexible financing for personal needs and major purchases. With same-day funding, low entry requirements, and a seamless online process, MDG is an excellent choice for Canadians seeking accessible credit solutions.
Apply with MDG Financial through Smarter Loans today to get started.
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Smarter Loans is Canada's online loan directory for any type of financing. The website helps Canadians find reputable lenders & financial companies all over Canada and compare their products, rates, and terms in one place.
