365 Loans

    Bad Credit Loans in Canada

    Compare offers from our network of lenders. Soft credit check only — checking your rate won't affect your score. Loans from $300 to $5,000 CAD.

    Check Your Rate Free Read the Full Guide

    What Is a Bad Credit Loan?

    A bad credit loan is a personal loan designed for borrowers with lower credit scores — typically below 580 in Canada. These loans are offered by lenders who consider factors beyond your credit score, such as income, employment history, and banking activity. While interest rates are higher than prime loans, they provide a legitimate path to borrowing when traditional banks say no.

    At 365 Loans, we connect you with a network of licensed lenders who specialize in bad credit lending. Our platform uses a soft credit check to pre-qualify you — meaning you can see your options without any impact to your credit score. Loan amounts typically range from $300 to $5,000 CAD, with repayment terms from 3 to 60 months.

    All lenders in our Canadian network comply with federal regulations, including the 35% APR cap under the Criminal Rate of Interest Act (effective January 1, 2025) and provincial lending laws.

    How It Works

    1

    Apply Online

    Complete our simple form in under 2 minutes. No obligation, no fees.

    2

    Get Matched

    We compare offers from our network of lenders using a soft credit check that won't affect your score.

    3

    Choose & Get Funded

    Review your offers, pick the best one, and receive funds as fast as the same day.

    Start Your Application

    Why Choose 365 Loans for Bad Credit

    All Credit Welcome

    Our lenders work with all credit types — bad, fair, good, or no credit history at all.

    Soft Credit Check Only

    See your pre-qualified offers without any impact to your credit score.

    35% APR Cap Compliant

    All lenders comply with Canada's 35% APR cap under the Criminal Rate of Interest Act.

    Fast Funding

    Get matched in minutes. Many lenders offer same-day or next-business-day deposits.

    Frequently Asked Questions

    Yes. 365 Loans connects you with lenders who accept all credit types. A soft credit check is used to match you with offers — it does not affect your credit score.
    There is no fixed minimum. Our lenders evaluate your full financial picture, including income and banking history, not just your credit score.
    Many lenders in our network can provide same-day or next-business-day funding once your application is approved. Timelines depend on your bank and the lender's process.
    No. We use a soft credit check to match you with lenders, which does not impact your credit score. A hard check may occur only if you choose to proceed with a specific lender's offer.
    As of January 1, 2025, the criminal rate of interest in Canada is capped at 35% APR. All lenders in the 365 Loans network comply with this federal regulation.

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