Here’s how Scotiabank stacks up against other popular lenders providing the best personal loans in Canada:
Scotiabank vs. easyfinancial
easyfinancial’s motto is “:yes when the banks say no” offering borrowers options, even when they don’t have a credit history. So if you are someone with a low credit score or are just starting to build credit, easyfinancial is more likely to approve you.That being said, easyfinancial only offers personal loans up to $20,000 and have interest rates that can be over 45%. However, if you need more funds and have a good credit score, you are better to apply through Scotiabank.
Scotiabank vs. Fairstone
Fairstone offers Canadians both secured and unsecured loans for as little as $500 up to $25,000. The money can be deposited into your account very quickly; some borrowers can receive the money on the same day they applied, and there are no…
