Private Lender Loans - Canada
Credit Club provides the private lender loans Canada can rely on! Get a personal loan approved in as little as 30 minutes!
As Trusted Private Lenders for Personal Loans, We Make the Process Easy!
Long waits on private loans in Canada are attributed to credit checks and high disapproval ratings. At Credit Club, we don't check your credit or worry what the credit bureaus have on file, Our one page form makes applying for our private lender loans both fast and easy. You will always know exactly what your unsecured personal loan will cost thanks to our transparent and low fees!
Apply In Minutes
Just a one page online form to gather your basic bank account, employer, and payroll information. Just a few minutes and you're set to apply for your private lender loan.
Instant Approval
As direct private lenders in Canada, we only have four easy requirements. This streamlined process allows us to approve more private loans across Canada quicker. Loan approval can take as little as 30 minutes!
Account Deposit
Get your private lender loan directly deposited into your checking account - no unnecessary waits or physical in store visits.
Repay on Payday
Repay your private lenders loan on your next payday with an added small transparent fee. No hidden charges!
What They’re Saying
About Us
We’re honored to provide Canadians with access to private loan lenders when they're strapped for cash. Thank you to all our clients who have contributed to our 4.7 rating on Trustpilot - our goal is to continue to offer low fees and accessibility in the private loan industry. Here's what clients have said about us:
Your Privacy is Important to Us
Thank you for trusting us with your data - we would never sell, rent, or distribute any of your financial or personal information. As private lenders, we understand the circumstances you're in and would never put your information at risk. Check out our privacy policy to learn more.
About Our No Refusal Payday Loans
The lending industry gets a bad rep and we're here to change that. We're big on being human and helping those who need a private loan without expecting a lop-sided trade-off. Here's how we're changing the private loan industry:
No Credit Checks
We've all gone through a patch of financial turmoil at some point in our lives - that shouldn't mean getting overlooked by private loan lenders when we need them. Forget credit checks with Credit Club - good or bad, you'll get the same treatment from us with standard fees and the same limited advances.
As accessible and temporary private lenders, we help Canadians with private loans between $100 to $1500. With these limits in place, we're able to widen our scope and help more clients across the country more often. Temporary relief is here when you need it.
Limited Advances
What You Need
All that's required to apply for a private loan is a checking account in your name, proof of recurring income, phone number, and email. Your private loan is sent to your account via email money transfer, and we use your bank details to withdraw the loan once due.
Why Choose Credit Club
Because we make it easy and remove unnecessary hurdles. We keep our requirements to apply minimal, our fees low and transparent, and wait times near instant. It's what's earned us a 4.7 rating on Trustpilot from over 3000 Canadians!
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Licensed Lender
Licensed in Ontario, British Columbia, and Nova Scotia - we ensure all federal and provincial guidelines are met and abided by. We're growing fast and will be in remaining provinces soon to offer our transparent and accessible loans to all Canadians.
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Transparent Fee Structure
You'll know exactly what you'll owe before you even apply for private loans in Canada with Credit Club. We charge $14 on every $100 loaned, with a cap at $1500. No additional fees or hidden fees whatsoever. Missed payments will have an added charge of $20, not including any NSF fees from your bank. For more details on continued missed payment, click here.
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Minimal Requirements for Private Loans
There's not much you'll need to apply for private loans in Canada with Credit Club. If you meet the following criteria, we're here to help!
- Checking account in your name
- Steady recurring income
- Active phone number
- Email Address
Such a simple process allows us to help more Canadians when they need it most.
Calculate Your Private Loan Fee
Select your province and loan amount to see exactly what you'll owe come payday.
- $100
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Frequently Asked Questions
What is a private loan?
A private loan is one that doesn't come from your typical financial institution - like a bank or credit union. Private lenders can set their own terms, interest rates, and repayment schedules. They usually have higher interest rates, too - but we're here to change that. As non-typical private loan lenders, we've set standard fees of $14 for every $100 loaned. And, we don't do credit checks - so whether you have a good score or bad one, it won't set the terms of your private loan. Our goal is to make temporary cash relief accessible to Canadians nationwide. That means, low transparent fees, minimal requirements to apply, fast near instant approvals, and standard rates for all.
Where can I find direct private lenders for personal loans in Canada?
Right here! As private loan lenders in Canada, we're changing the lending industry by incorporating humanity into our terms. Low transparent fees, minimal requirements, and no credit checks are what make us accessible - over 3000 Canadians have given us a 4.7 rating on TrustPilot and we're just getting started!
What do I need to know about lenders for personal loans?
Everything! Check in on your private lender and make sure they're trusted. Ask about their fees, what happens if you miss your repayment, and whether or not they're licensed in your province. At Credit Club, we're transparent about everything, including our fees. We are licensed in three provinces currently and expanding rapidly! Our standard rates are $14 for every $100 loaned and our clients have given us a 4.7 rating on TrustPilot from over 3000 reviews. If you miss repayment, we charge $20, not including any NSF fees from your bank. Continued missed repayments will mean an annualized interest rate of 30% from the repayment date to when payment is made. We also make it very clear that we don't recommend taking out any loan if you're not sure you can repay it. Our goal is to provide temporary financial relief to Canadians, not charge them interest on missed payments!
What happens if I can't pay back my private loan lenders on time?
In the unfortunate incident that you can't repay your private loan, we charge $20 for a failed withdrawal - not including your bank NSF fees. If you continue to miss repayment, there's an annualized interest rate of 30% from the loan repayment date up to and including once payment is made. click here for further details.
How can I borrow money from a private lender?
With Credit Club, borrowing money from a private lender is fully online and straightforward, with no involvement from major financial institutions and no branch visits.
You apply through a short one-page form, share basic income and banking details, and submit.
These are unsecured loans, meaning there’s no collateral, no secured personal loan paperwork piles. No waiting weeks. No back-and-forth.
How much do private lenders charge in Canada?
Private lender costs can vary widely, especially compared to consumer loans from banks. That’s where many borrowers get caught off guard if they don’t compare loan offers carefully.
At Credit Club, pricing is standardized and regulated. We charge $14 for every $100 borrowed. That fee is shown clearly before you accept your loan, along with your repayment terms and total loan payments.
No fluctuating rates. No loan insurance. No surprises tied to your credit profile or changes to the actual annual percentage rate.
What is the minimum credit score for a private loan?
With Credit Club, there isn’t one. We don't use your credit report to set terms or decide eligibility. A lower score won’t increase your fee, and a higher score won’t lower it.
Rather than focusing on past borrowing history, we look at your current ability to manage loan payments. It’s a different approach from traditional secured loans and unsecured loans offered by banks, and for many people, a more flexible option.
Can I get a personal loan from a private lender?
Yes. That’s exactly what Credit Club provides.
Our private lender personal loans range from $100 to $1,500 and are designed for short-term needs, not long-term debt or monthly payments stretched over years. They’re meant to help you access more money quickly to cover an unexpected expense or bridge a gap to payday.
Are private lender loans legal in Canada?
Yes. Private lender loans are legal in Canada when the lender is properly licensed and follows provincial regulations.
Credit Club operates under strict provincial rules in the provinces we serve. That means your repayment terms, total loan payments, and actual annual percentage rate must be shown upfront, and they are.
If a private lender avoids explaining their fees, licensing, or how repayment works, that’s a sign to pause and compare loan offers elsewhere.
Lender licence
Ontario 4726568
British Columbia 64068
Nova Scotia 222985929
Fast - Simple - Secure
At Credit Club we are dedicated to providing you with a solution to meet your immediate money needs right from the privacy of your home.
As a licensed and responsible lender, we encourage you to review our sample borrowing costs below.
