Personal loan comparison, matched to you

When you compare lenders yourself, you may need to visit multiple websites and separately research their rates, loan amounts, repayment terms and eligibility requirements. LoanFinder simplifies the process by collecting your information once and using it to show personalized loan options in one place. This can help you narrow down potential lenders before deciding where to apply.

When comparing personal loan offers, look beyond the advertised interest rate. Consider the APR or total cost of borrowing, loan amount, repayment term, estimated monthly payment, fees and any repayment conditions. LoanFinder helps simplify this comparison by showing relevant loan options based on your financial profile and borrowing needs.

Pre-qualification means a lender has determined that you may qualify for a loan based on the information reviewed so far. It is not a guarantee of final approval. If you receive a pre-qualified offer through LoanFinder, you'll be able to review the available loan details before deciding whether to continue with the lender. The lender makes the final approval decision.

Our matching algorithm considers factors such as your credit profile, income, desired loan amount, loan purpose, and borrowing preferences. Using this information, LoanFinder recommends lenders that best match your financial situation.

No, LoanFinder will not affect your credit score because it only performs a soft credit check through TransUnion. You can see your personalized loan matches before deciding whether you want to submit a formal application with a lender.

Your monthly loan payment depends on factors including the amount you borrow, your interest rate and your repayment term. A longer repayment term can reduce your monthly payment, but may increase the total interest you pay over the life of the loan. LoanFinder can help you compare personalized loan options and available repayment details so you can consider both the monthly payment and overall borrowing cost.

Yes, Ratehub's LoanFinder is completely free to use, and no SIN is required. We may receive compensation from lending partners if you choose to apply through our platform, but compensation never determines which loan options you are matched with or how recommendations are ranked.

Yes, LoanFinder is designed to be a simple way to compare Canadian personal loan options. Rather than researching lenders individually, you'll receive personalized recommendations based on your borrowing needs, helping you compare potential rates, loan amounts, repayment terms, and approval likelihood in one place.