Bad Credit Loans in Ontario
Find and compare personal loans for borrowers with less-than-perfect credit — available to borrowers throughout Ontario. Our lending partners serve all major cities and communities across the province.
Bad Credit Loan Lenders Serving Ontario (2026)
All lenders below operate across Canada (including Ontario) and comply with 35% APR (Criminal Rate of Interest cap). Starting APRs shown — your actual rate depends on credit, income and loan amount.
| Lender | Starting APR | Loan Range | Min. Credit | Funding |
|---|---|---|---|---|
| Spring Financial | 9.99% | $500 – $35,000 | No minimum | Same-day e-Transfer |
| Loans Canada (broker) | 9.90% | $300 – $50,000 | 300+ | 1–2 business days |
| easyfinancial | 29.99% | $500 – $20,000 | No minimum | Same-day |
| LoanConnect (broker) | 8.99% | $500 – $50,000 | 300+ | 24–48 hours |
About Bad Credit Loans in Ontario
Borrowers with imperfect credit histories across Ontario can still access personal loan options through our lending network. Many Canadian lenders evaluate applicants based on income and overall financial situation, not credit score alone.
In Ontario, the Consumer Protection Act gives borrowers a 2-business-day cooling-off period to cancel most personal loan agreements without penalty. The Financial Services Regulatory Authority of Ontario (FSRA) licenses payday lenders separately, with a maximum cost of borrowing of $14 per $100 borrowed.
To get started, complete our short 2-minute application. We use a soft credit inquiry — this has no impact on your credit score. You only agree to a specific loan offer if you choose to accept it, at which point the lender may perform a full credit check.
Eligibility for Bad Credit Loans in Ontario
- Be at least 18 years old and a resident of Ontario
- Have an active bank account for direct deposit
- Have a verifiable source of income
- Have a permanent address in Canada
- Bad credit is accepted — lenders consider income and other factors beyond credit score
- A recent bankruptcy may affect eligibility with some lenders, but options still exist
- You do not need a perfect credit history to be matched with a lender
Communities in Ontario We Cover
Bad Credit loan options are available to residents of every community listed below. Apply once and we match you with lenders serving your area.
Acton · Ajax · Alliston · Almonte · Ancaster · Angus · Arnprior · Atikokan · Aurora · Aylmer · Ayr · Baden · Bala · Bancroft · Barrie · Barry's Bay · Base Borden · Beeton · Belleville · Bolton · Bracebridge · Bradford · Brampton · Brantford · Brock · Brockville · Burks Falls · Burlington · Caledon · Caledonia · Callander · Cambridge · Carleton Place · Casselman · Chapleau · Chatham-Kent · Clarington · Clinton · Cobalt · Cobourg · Cochrane · Collingwood · Cookstown · Cornwall · Creemore · Deep River · Delhi · Deseronto · Dryden · Dundalk · Dundas · Dunnville · Durham · Ear Falls · East Gwillimbury · Elmira · Elora · Englehart · Erin · Exeter · Fergus · Flamborough · Flesherton · Fort Erie · Fort Frances · Galt · Georgetown · Georgina · Geraldton · Glanbrook · Gloucester · Goderich · Grand Valley · Gravenhurst · Grimsby · Guelph · Hagersville · Haileybury · Haliburton · Halton Hills · Hamilton · Hanover · Harriston · Hawkesbury · Hearst · Hespeler · Huntsville · Ingersoll · Innisfil · Iroquois Falls · Kanata · Kapuskasing · Kawartha Lakes · Kenora · Kincardine · King · Kingston · Kirkland Lake · Kitchener · Leamington · Lincoln · Lindsay · Lions Head · Listowel · London · Longlac · Manitouwadge · Marathon · Markdale · Markham · Matheson · Mattawa · Meaford · Midland · Milton · Minden Hills · Mississauga · Mono · Mount Forest · Nakina
Frequently Asked Questions About Bad Credit Loans in Ontario
Can I get a bad credit loan anywhere in Ontario?▾
Are bad credit loan regulations different in Ontario?▾
What cities in Ontario can I apply from?▾
How fast can I get a bad credit loan in Ontario?▾
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