Mogo Review – Personal Loans & Fintech Tools for Canadians

In this video, we review Mogo, one of Canada’s leading fintech brands offering fast personal loans, credit monitoring tools, and digital financial services. Mogo is built around simplicity, transparency, and responsible borrowing – making it a popular choice for Canadians who want a quick, modern borrowing experience without hidden fees or complicated processes.

This video explains who Mogo is, the personal loan features they offer, what benefits come with membership, and how to apply through Smarter Loans.

What This Video Covers

The review walks through all the key details, including:

1. Who Mogo Is

Mogo is a digital-first fintech company serving Canadians nationwide. The video highlights how Mogo uses technology to make borrowing easier through:

• Fast approvals

• Clear terms

• No lengthy paperwork

• Built-in financial wellness tools

• Extra features like credit monitoring and identity protection

With millions of members across Canada, Mogo is known for combining lending with smart money-management features.

2. Mogo Personal Loan Features

The video breaks down Mogo’s main loan product:

Personal Loans Up to $35,000

• Borrow $1,000 to $35,000

• Terms from 12 to 60 months

• Transparent fixed payments

• Competitive rates based on credit profile

These loans can be used for debt consolidation, home repairs, medical expenses, emergencies, or general financial needs.

3-Minute Pre-Approval (No Credit Impact)

The video explains that Mogo allows you to check your loan options with no impact to your credit score, making it easy for borrowers to explore without risk.

100-Day Money-Back Guarantee

This is one of Mogo’s standout features:

• Try your loan for up to 100 days

• If you’re not satisfied, repay the principal

• Fees and interest are refunded

The video notes that this type of guarantee is uncommon in the lending industry, giving borrowers extra peace of mind.

Extra Fintech Perks

Mogo membership also includes:

• Free monthly credit score monitoring

• Identity fraud protection tools

• Access to the MogoCard (varies by program)

• Personal finance insights

These tools help borrowers manage debt, track progress, and protect their financial profile.

3. Application Process & Funding Speed

The video explains how the process works:

• Apply online in about 3–5 minutes

• Secure digital verification

• Fast approval decisions

• Funds often sent the same day via direct deposit or e-transfer

This makes Mogo ideal for individuals who need fast access to money without waiting for traditional bank timelines.

4. Eligibility Requirements

To apply for a Mogo personal loan, the video notes that you must:

• Be a Canadian resident

• Meet the age of majority in your province

• Provide proof of income

• Have a valid government ID

• Upload bank statements for verification

Mogo uses these details to evaluate lending options and match you with the right loan product.

5. Who Mogo Is Best For

The video helps viewers understand who benefits most from Mogo:

• Canadians who want a fast online loan

• Borrowers consolidating debt

• People who value transparency and fixed repayment plans

• Anyone who wants credit score and fraud monitoring tools

• Individuals looking to avoid hidden fees or confusing contracts

Mogo is built for convenience, clarity, and user-friendly borrowing.

6. How to Apply Through Smarter Loans

The video ends by showing viewers how to start their application:

1. Visit the Mogo page on Smarter Loans

2. Review loan details and requirements

3. Click Apply Now

4. Complete Mogo’s secure online application

Applying through Smarter Loans helps you compare lenders and apply confidently with trusted Canadian financial providers.

Related Personal Finance Tools

Here are useful resources for borrowers:

• Personal Loan Calculator

• Best Personal Loans in Canada