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    Canadian lenders that accept credit scores under 600

    Lenders whose listed minimum credit score is under 600. Expect higher rates — compare the APR carefully and never pay an upfront fee to get a loan.

    Figures are each lender's advertised range as of 2026-09-08. Not paid placements in this ranking — sorted purely by lowest APR. Confirm current terms with the lender.

    1. 1. Loans Canada

      7.99% – 34.99% APR

      Canada's premier loan comparison network connecting borrowers with hundreds of prime and alternative Canadian lenders with a single soft search.

      Min. credit score
      450
      Amounts
      $500 – $50,000
      Funding
      24-48 hours
      Read the Loans Canada review →

    2. 2. Mogo

      9.9% – 32.9% APR

      Canadian financial technology company offering MogoLiquid personal loans, free Equifax credit score monitoring, and identity fraud protection.

      Min. credit score
      580
      Amounts
      $1,000 – $35,000
      Funding
      Same day
      Read the Mogo review →

    3. 3. Spring Financial

      9.99% – 29.99% APR

      Canada's top consumer fintech lender specializing in credit building, personal loans, and debt consolidation for all credit tiers.

      Min. credit score
      500
      Amounts
      $500 – $35,000
      Funding
      Same day (Interac e-Transfer)
      Read the Spring Financial review →

    4. 4. Fairstone Bank of Canada

      14.99% – 31.99% APR

      Longstanding Canadian responsible lending institution providing secured and unsecured personal loans through online and 240+ retail branches.

      Min. credit score
      550
      Amounts
      $1,000 – $50,000
      Funding
      24-48 hours
      Read the Fairstone Bank of Canada review →

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