Sure, here is a detailed article on the best personal loans in Calgary in 2023:


A personal loan can be a great way to consolidate debt, finance a major purchase, or cover unexpected expenses. If you’re looking for a personal loan in Calgary, there are a number of lenders to choose from.

In this article, we’ll compare some of the best personal loans in Calgary, based on factors such as interest rates, fees, and repayment terms. We’ll also provide some tips on how to choose the right personal loan for your needs.

5 Providers of the Best Personal Loans in Calgary

  • EasyFinancial.
  • First Calgary Financial.
  • RBC Royal Bank.
  • Blue Copper Capital.
  • Fairstone.

Best Personal Loans in Calgary

Here are a few of the best personal loans in Calgary:


t is a platform that connects borrowers with a variety of lenders. LoanConnect offers a wide range of interest rates and terms, so you can find a loan that fits your budget.


is a digital lender that offers personal loans with competitive interest rates. Mogo also offers a number of features that make it easy to manage your loans, such as online payments and automatic repayments.


is a financial services company that offers a variety of loans, including personal loans. Fairstone has a good reputation for customer service, and they offer a variety of repayment terms to fit your needs.

Fairstone Financial Inc. (“Fairstone”), Canada’s largest non-bank provider of responsible lending solutions for near-prime and non-prime borrowers, announced today the completion of its inaugural ABS transaction totaling $322.44 million. The deal marks the first-ever personal loan ABS transaction in Canada and signals the creation of a new asset class in this market.

The transaction included:

  • $225,000,000 Class A Notes rated AAA(sf) by DBRS and Aa2(sf) by Moody’s
  • $40,750,000 Class B Notes rated AA(sf) by DBRS and A3(sf) by Moody’s
  • $35,430,000 Class C Notes rated A(sf) by DBRS and Ba1(sf) by Moody’s
  • $21,260,000 Class D Notes rated BBB(high)(sf) by DBRS and Ba3(sf) by Moody’s

“Our first ABS transaction is a reflection of the work we do each day to provide Canadians with responsible lending solutions as well as our considerable experience in originating, underwriting and servicing personal loans,” said Scott Wood, Chief Executive Officer of Fairstone. “This will enable future growth and assist more Canadians in accessing responsible credit in the near-prime space.”

easy financial:

is a national lender that offers personal loans with flexible terms. easy financial is known for its quick and easy application process, and they offer loans to borrowers with all credit scores.

How to Choose the Best Personal Loan for You

When choosing a personal loan, there are a few factors you’ll need to consider:

  • Interest rate: The interest rate is the most important factor to consider when choosing a personal loan. A lower interest rate will save you money in the long run.
  • Fees: Some lenders charge fees for things like prepayment, late payments, and bounced cheques. Make sure you understand all the fees associated with a loan before you apply.
  • Repayment terms: The repayment terms will determine how long you have to pay back the loan. Choose a repayment term that you can afford.
  • Your credit score: Your credit score will affect the interest rate you’re offered. If you have a good credit score, you’ll likely qualify for a lower interest rate.

Tips for Getting a Personal Loan

Here are a few tips for getting a personal loan:

  • Shop around: Compare interest rates and fees from different lenders before you apply.
  • Get pre-approved: Getting pre-approved for a loan will give you an idea of how much you can borrow and what your interest rate will be.
  • Be prepared to provide documentation: Lenders will typically ask for proof of income, employment, and residence when you apply for a loan.
  • Have a good credit score: A good credit score will help you qualify for a lower interest rate.


A personal loan can be a helpful financial tool, but it’s important to choose the right loan for your needs. By comparing interest rates, fees, and repayment terms, you can find a loan that fits your budget and your financial situation.

By Shakeel