Unsecured Personal Loans Canada


At Lend for All, we make it fast, easy, and safe for every day Canadians to request personal loans. Whether you have good or bad credit, our state-of-the-art loan matching service can pair you with one of our lending partners to ensure you get the money you need, deposited right into your account, You may receive funds as soon as one business day.

We provide Canadians the tools to access unsecured personal loans that offer competitive rates, reasonable terms, and flexible payment schedules that fit every budget.

personal loans canada

Why Choose Lend for All?

Our lending partners within our network loan products are perfect for people who find themselves saddled with unplanned expenses, are starting a business, or simply need quick access to a bit more cash.

At Lend for All, we know personal loans inside and out. After years in this business, we’ve built close relationships with some of Canada’s most trustworthy lending institutions. We take pride in carefully vetting each lender and ensuring that our clients get the best rates and terms for their personal loans.

With Lend for All, you can quickly and easily apply for a personal loan from a reliable lender from the comfort of your own home. Thanks to our online platform powered by artificial intelligence (AI), you get the results of application in hours instead of the months it can take to get a loan from a bank. And of course, you can still speak with one of our friendly representatives at any time.

Why Apply for an Unsecured Personal Loan?

These days, there is no shortage of lenders offering loans, and you might even know someone personally who can lend you money. You might ask yourself, why apply for an unsecured personal loan? Aren’t they just for people with a bad credit score?

In fact, an unsecured personal loan can be useful for people with both good or bad credit. It is a way for borrowers with good credit to avoid the usual long waits (often several months) when using traditional bank loans. With unsecured personal loans, your loans can be repaid over a specific period of time through automatic monthly payments, and most importantly, you can get the money you need as soon as you need it.

Here are just some of the benefits of applying for an unsecured personal loan online through Lend for All.

easy on budgetLightning Fast: The biggest benefit of an unsecured personal loan is that the application process is much shorter than a loan from traditional lenders. In fact, amongst all the different types of loans, unsecured personal loans are the fastest kind of loan to get approved.

Because of this, your application can be completed in just a few simple steps! All you need to do is enter your location, fill in the amount you’d like to borrow, and tell us some things about yourself such as your current employment status. Then you simply choose from the list of loan providers, click the “Process Application Now” button, and you’re all set!


save your assetsFully Secure: The convenience of applying for a personal loan online shouldn’t come at the cost of the security of your personal data. At Lend for All, security is our primary concern. When you apply through our AI-powered platform, every step of the process is fully secure using end-to-end encryption, meaning any information you enter through our website is protected every step of the way.

Applying for unsecured personal loans does not mean your data is at risk. The word unsecured refers to the fact that the person applying for the loan doesn’t need to put up any collateral as a condition for getting that loan. We take every precaution to ensure that your personal data stays personal.


easy on budgetEasy on Your Budget: Anyone who has had to deal with payday loans or unpredictable credit card statements knows that trying to budget around them is difficult, and it’s a situation that can often leave you short on cash from one month to the next. Most bad credit scores are due in part to borrowers not being able to make sense out of intentionally complicated terms and conditions.

At Lend for All, our goal is to make it as simple as possible for you to plan your financial future. Our unsecured personal loans are set up to make it easy to stick to your monthly budget. You’ll know the exact amount to be repaid each month from the outset, meaning you’ll be able to plan precisely when you will pay off your loan.


no missing paymentsNo Missing Payments: Getting a personal loan from Lend for All means never having to worry about payment dates. Our lending partners will deposit the loaned amount directly into your bank account, and then they will take care of deducting your monthly payments directly from that account at a level you have agreed to.

What this does is give you the peace of mind that comes from knowing that you won’t miss any monthly payments due to forgetfulness or statements lost in the mail. Our fully automated system helps you pay off your personal loan and protects you from missed payments, which can cause bad credit scores. Make borrowing stress-free with an unsecured personal loan from Lend for All.


full transparencyFull Transparency: When dealing with personal loans between borrowers and financial institutions, trust is paramount. We go to great lengths to build that trust between our clients and our lending partners so that the process is as smooth and effective as possible for both sides.

What that means in practice is keeping the terms and conditions of our personal loans as simple as possible, and not employing hidden fees or expenses. Most importantly, you will not be subject to a variable rate of interest, meaning you can sleep soundly knowing your monthly payment is at a fixed rate and will not be subjected to any changes.

Who can apply for the loan?

Like all other loans, there are a few requirements to meet in order to be eligible to apply for a personal loan. The qualifying factors are:

  • Age: You must be 18 years of age or older.
  • Credit Score: Your credit score can range from “good” to “less than favorable.”
  • Income: You need verifiable proof that you have a reliable income stream.
  • Debt Load: Strong Debt-to-Income (DTI) ratio. DTI is the percentage of your gross monthly income that goes to paying off debt, such as credit card payments.

Think You Have Bad Credit? Think Again!

Are you worried about your credit score? Have you applied for loans from traditional lenders and been rejected? Think alternative lenders are only for people with bad credit?

That’s no longer the case. Banks reject loan applications all the time, often because of risks that they identify that have nothing to do with the applicant’s credit score. In fact, your credit score might be good, and you could still get rejected by traditional lenders

Because unsecured personal loans work differently, you can get the money you need thanks to Lend for All’s speedy application process and the relationship we’ve fostered with our lending partners. Our lending platform minimizes and, in most cases, eliminates the possibility of a loan application being declined, meaning you have the highest probability for being approved for your personal loan.


10 Answers to Frequently Asked Questions About Personal Loans

Whether you need to make some renovations to your home, pay for a major life event or simply consolidate your debt, a personal loan is a great way to accomplish your goals.

When you need extra money, you have many lending options at your disposal, including credit cards and home equity loans. Personal loans are a bit different, and are often easier to get and less expensive.

But just how exactly are personal loans different, you ask? Let’s find out!

Here are 10 frequently asked questions about personal loans.

What is a personal loan?

A personal loan is a type of unsecured installment loan.  “Unsecured” just means that you don’t have to put up collateral for the loan (such as a house or car). An installment loan is just another way of saying you can pay it back over time, in installments. These are usually equal monthly payments with a fixed interest rate.

Personal loans are offered by a variety of financial institutions, such as a bank, credit union or online lender.

As mentioned earlier, personal loans tend to have lower interest rates than credit cards, and they also have fixed repayment terms.

What Can a Personal Loan Be Used For?

If you’ve ever tried to apply for a large loan from a bank, you know that they ask for a ton of documentation, and you better have a good reason for needing the loan (in their eyes) if you have any hope of getting it approved.

Applying for a personal loan from Lend for All, on the other hand, is a simple, seamless process. And our loans can be used to help pay for almost anything. You can use your money to:

  • Put a down payment on a new home
  • Help get your small business up and running
  • Lower your credit card debt
  • Buy that car you’ve had your eye on
  • Pay for tuition or school supplies
  • Go on your dream vacation
  • Get started on those home renovation projects you’ve been putting off
  • And much more!

Your money is yours to use however you need it. And since our AI-powered platform does most of the work of applying for you, you can get your cash deposited quickly into your account so that it’s available when you need it most.

How do I qualify for a personal loan?

Since you don’t put up any collateral, the only qualifying factors for a personal loan are your finances, including your credit history, income, and debts.

Your credit score is very important when qualifying for a personal loan. Depending on the lender, the minimum acceptable credit score would typically be anywhere in the 600 to 700+ range.

Will getting pre-qualified for a personal loan affect my credit score?

When you’re shopping around for a personal loan, you’re going to be looking at many different lenders. In most cases, you will be able to see pre-qualified loan offers. The lender will determine these offers by performing what’s called a “soft” credit inquiry on you.

This type of inquiry will not have any effect on your credit score.

What documents do I need for a personal loan?

Since all lenders can go by to evaluate your personal loan offer is your financial status, they will need supporting documents to get that information. These documents include some form of personal identification, plus financial documents such as pay stubs or bank statements.

Can I get a personal loan with collateral?

While most personal loans are unsecured (no collateral) some lenders do offer personal loans with collateral, also known as a collateral loan.

This type of loan is typically offered when your credit score and income do not meet their minimum requirements.  If you can offer collateral, you may receive a personal loan with a lower rate or a larger loan amount, depending on your situation.

How much can I borrow and how long can I borrow for?

Personal loans typically range between $5,000 and $15,000, with a maximum of $45,000. Repayment terms are generally between 24 and 60 months. When it comes to the amount of the loan, the higher your credit score and income, the more money you can potentially borrow.

Can I pay back my loan early without penalties?

This will depend on the lender. Some lenders advertise that they will never charge you penalties or additional fees for paying your loan back early (before the end of the repayment term). Make sure you find out what the case is with your lender before you accept any loan offer.

Why is my personal loan interest rate higher than my mortgage or auto loan interest rate?

Mortgages and auto loans are secured loans – they have collateral to back them up. Personal loans are typically unsecured, and as such carry more risk to the lender. That usually means their interest rates will be higher compared to secured loans like mortgages.

It’s important to note that even with a higher interest rate, the total cost of a personal loan in terms of the interest paid can be significantly lower than a mortgage or home equity loan because the term is significantly shorter.

Deal with Mounting Credit Card Debt

Having trouble getting a loan from a bank because of your credit card debt? Have you been Googling search terms like “loans with bad credit” or “bad credit loans”? If you find yourself unable to deal with an unmanageable amount of credit card debt, Lend for All can help.

A personal loan can help pay off credit card debt, which in turn can improve your credit score. Using our AI-powered application process, quickly find out how you can borrow money to mitigate your existing debt and prevent your credit history from being negatively affected.


Ready to apply for a personal loan online? Click here and apply.

Still have questions about unsecured personal loans in Canada? Contact a Lend for All representative for more information.


Personal Loans By Location

Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland & Labrodor, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon

Lend For All     1 King St W Suite 4800 -24 Toronto, ON M5H 1A1   |  +1 800-532-4505

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