YOUR CHOICE OF PERSONAL LOANS




Please enter a value between $1,000-$50,000



Get approved for up to $50,000 and choose your loan term from anywhere between 6-60 months. We offer rates as low as 4.6% APR from Canada's top lenders. Don't pay high interest rates on more credit card debt. Shop smart and get a better rate no matter what your financial situation!

Let the banks and other lenders compete for your business, not the other way around. Use the power of choice and compare the best rates from the best lenders and get approved today!

*Searching for a Personal Loan WILL NOT Affect Your Credit Score

Personal Loans At Your Fingertips…

Great Rates.

Customize your loan regardless of your credit score. Choose your loan from anywhere between 6-60 months and interest rates as low as 4.6%!

Quick.

Search Canada’s top lenders and get approved for up to $50,000 in 5 minutes. See funds as quick as the same day!

Safe & Secure.

Your credit rating will be unaffected and your personal information is fully encrypted ensuring the utmost protection.

Life Happens: Get A Tailored Personal Loan For Your Specific Situation

If you’re looking to borrow money for a vacation, a new car or home improvements you've came to the right place! Here at My Choice, we use our proven technology where we allow you to compare a wide range of different personal loans that have been tailored to you and your search criteria.

Getting started is simple, to get going, just fill out a few pieces of your loan requirements.

*Actual Quoting Data. Based On A Good Credit Score.




Please enter a value between $1,000-$50,000



Start saving: paying off a personal loan vs. paying off your credit card

In some cases, a personal loan can help you save money on interest while paying off credit card debt. But knowing exactly how to use a personal loan to pay off your credit cards is important so you don’t end up paying more in the long run.

While personal loans may have higher interest rates than secured loans, they often offer lower interest rates than credit cards — with ours getting as low as 4.6 percent! However, you typically will only qualify for rates this low if you have excellent credit.

A personal loan may be an enticing option if you have a lot of credit card debt, as it could allow you to pay off your high-interest credit card debt and then pay off the personal loan at a lower rate. Using a personal loan to pay off credit card debt could help you save money on interest and potentially get out of debt faster.

Credit agency TransUnion says the average Canadian adult carries more than $3,800 in credit card debt. Most of these consumers could benefit from using a personal loan to pay off that debt.

Credit CardPersonal Loans
Starting Balance$8,000$8,000
Interest Rate19.99%7.00%*
Monthly Minimum Payment$407.13$358.18
Time to pay off debt24 months24 months
Total interest Paid$1,771.04$596.33

*Example only. Interest rates may vary.

Amount saved = almost $1200!

How Does a Personal Loan Affect Your Credit Score?

Taking out a personal loan is not bad for your credit score in and of itself. However, there are several factors that come with taking out a new loan that could affect your overall credit score.

To understand how taking out a personal loan affects your credit score, you must first understand how the score is calculated. Roughly 35% of your overall credit score is based on your payment history. Thirty percent of your score is based on the total amount of debt you owe. Ten percent of the score is based on the number of credit lines (which include credit cards) that you have opened recently.

The easiest and best way to keep a personal loan from negatively affecting your credit score is to continue making payments on time and within the terms of the loan agreement. A personal loan that you pay off in a timely fashion can actually have a positive effect on your credit score; it demonstrates that you can handle debt responsibly.

How Much Money Can I Borrow & How Do I Get It?

Get pre-approved for up to $50,000 and choose your loan from anywhere between 6-60 month and we offer rates as low as 4.6% APR!

Our lenders offer loans to those with excellent, good, poor or no credit. Hence, we serve virtually anyone looking for an unsecured loan under $50,000. In order to apply you must be age of majority in your province of residence and be a Canadian Citizen or Permanent Resident.

All our personal loans are compared and fullfilled via our partnership with LoanConnect, located at:

379 Dundas Street Unit 101
London, ON N6B 1V5
Canada

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