Apply now for Friday deposit!
    Time left:
    21:03:45
    365 Loans
    Toronto, Ontario

    Bad Credit Loans in Toronto, Ontario

    By 365 Loans Editorial Team, Editorial Team
    Last reviewed: February 25, 2026

    Find and compare personal loans for borrowers with less-than-perfect credit — available to borrowers in Toronto. Check your rate without impacting your credit score.

    Check My Rate — No Credit ImpactAll Loans in Toronto
    Compliant with 35% APR (Criminal Rate of Interest cap)
    Decisions in minutes
    Soft credit check only

    How to Get a Bad Credit Loan in Toronto

    1

    Apply in 2 minutes

    Complete our simple online form with basic information about yourself and your income.

    2

    Compare offers

    Review bad credit loan offers from lenders serving Toronto. No hard credit pull at this stage.

    3

    Get funded

    Accept your preferred offer. Funds can arrive as fast as the same business day.

    Eligibility for Bad Credit Loans in Toronto

    Lenders in our network look beyond credit scores. Income, employment stability, and banking history play a significant role in matching decisions.

    Requirements vary by lender, but most lending partners serving Toronto look for:

    • Be at least 18 years old and a resident of Toronto or Ontario
    • Have an active bank account (for direct deposit)
    • 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

    Important: Borrowers with poor credit may receive offers with higher interest rates. Review all loan terms carefully before accepting. All lenders must comply with applicable APR caps.

    Alternatives to Consider

    Before committing to any loan, it's worth understanding all your options. Borrowers in Toronto may also want to compare:

    All Personal Loans in Toronto

    Compare all personal loan options for Toronto

    No Credit Check Loans

    Uses soft inquiry only — no hard credit pull

    Installment Loans

    Predictable fixed payments over a set term

    Debt Consolidation Loans

    Simplify multiple debts into one payment

    Frequently Asked Questions About Bad Credit Loans in Toronto

    Can I get a bad credit loan in Toronto?▾
    Yes. Many lenders in our network offer bad credit personal loans to borrowers in Toronto. Loan amounts typically range from $300 to $5,000 CAD and approval is based on income and other factors, not credit score alone.
    How much can I borrow with a bad credit loan in Toronto?▾
    Bad credit personal loans in Toronto are available from $300 to $5,000 CAD CAD through our network of lenders. The exact amount depends on your income and the lender's criteria.
    How fast can I get a bad credit loan in Toronto?▾
    Applying takes as little as 2 minutes. Most applicants receive a decision quickly, and approved funds can arrive as fast as the same business day depending on your bank and the lender.
    Does applying affect my credit score in Toronto?▾
    Checking your rate through 365 Loans uses a soft inquiry that does not affect your credit score. A hard credit inquiry only occurs if you accept a loan offer from one of our lending partners.
    What are the interest rate limits for bad credit loans in Toronto?▾
    All lenders in our network comply with 35% APR (Criminal Rate of Interest cap). This protects borrowers in Toronto from predatory lending rates.

    Bad Credit Loans in Nearby Cities

    Bad Credit Loans in WindsorBad Credit Loans in BrantfordBad Credit Loans in StratfordBad Credit Loans in AjaxBad Credit Loans in MississaugaBad Credit Loans in Haliburton
    ← All loan types in Toronto
    Limited Time Offer

    Apply for Your Personal Loan Today

    Join thousands of Canadians who have found better loan options with 365 Loans Canada. Apply now and get your personalized offers in minutes.

    No-Impact Credit Check: Comparing offers will not affect your credit score.

    No obligation • 100% Free