Personal Loans in Canada — Compare Rates and Apply Today
Wizard Loans matches you with licensed Canadian lenders offering $100 to $5,000 personal loans. We are a free comparison service, not a lender, so you can compare real offers with no hard credit pull and your income verified in about 60 seconds via Instant Bank Verification (IBV).
Lenders to Work with!
Our Lenders offer flexible payment terms for your loan.
Our platform lets you get fast online loans for emergency financial needs. We connect your application with Canadian lenders. This increases your chances of approval.
- Flexible payment terms
- Customized repayment schedules
- No prepayment penalty
- Convenient payment options
Competitive Personal Loan Rates for Canadians
Our Lenders interest rates are competitive & affordable.
Compare offers and boost your approval odds across our network of licensed Canadian lenders. Wizard Loans is not a lender, we are a free matching service that lines up real rates and terms from multiple lenders so you can choose the right personal loan in one place, without the legwork.
Fill out as many details as possible on your application to speed up the process and receive your money faster.
Upon pre-approval, you will be directed to a link to connect your bank account.
Personal Loan Services in Canada — $100 to $5,000
We charge no fees!
There are no hidden fees or charges with wizardloans.ca.
Personalized loans
Our lenders offer personalized loans to cater to your specific needs.
Just use our online application to get pre approved. If you're approved, you'll be taken to a page for instant bank verification. Here, you'll confirm your details with a lender eager to work with you.
The cost of your credit as a yearly rate
The dollar amount the credit will cost you
The amount of credit provided to you on your behalf
The cost of your credit as a yearly rate
Fast approval
Our lenders provide fast approval of loans, so you can get the money you need quickly.
Traditional online payday loans can be tough to pay back and have high interest rates. This can lead to a cycle of debt. On the other hand, a personal loan for bad credit is made for people with less-than-perfect credit. It offers quick financial help.
Frequently Asked Questions About Personal Loans in Canada
How much can I borrow with Wizard Loans?
You can compare personal loans from $100 to $5,000 offered by licensed Canadian lenders. The amount you qualify for depends on your income and overall profile.
Does comparing loans affect my credit score?
No. Checking your options uses a soft inquiry with no impact to your credit score. A hard credit check only happens if you choose to move forward with a specific lender.
Is Wizard Loans a lender?
No. Wizard Loans is a free comparison and matching service. We connect you with licensed Canadian lenders so you can compare real rates and terms in one place, then apply with the offer that fits.
How is my income verified?
Lenders use Instant Bank Verification (IBV), a secure, read-only connection that confirms your income in about 60 seconds without affecting your credit score.
What interest rates can I expect?
Rates vary by lender and credit profile and are always shown as an annual percentage rate (APR). Every loan in our network complies with Canada's federal criminal interest rate cap of 35% APR.
Which provinces and territories does Wizard Loans serve?
All 10 provinces and 3 territories, completely online. See our personal loans by province and territory guide for local details.
Compare your options: Personal Loans, Installment Loans, Payday Loan Alternatives, Cash Advance Alternative, Loans for Bad Credit, and E-Transfer Loans.
Helpful Canadian resources: Learn more from the Financial Consumer Agency of Canada (FCAC) and read the FCAC guide to payday loans and alternatives before you borrow.
Compare Personal Loans Now - Soft Check Only, No Score Impact
Photos by Mikhail Nilov on Pexels. Wizard Loans is a loan comparison and matching service, not a lender. Loan approval, rates, and terms are determined by third-party licensed lenders.