05. Mogo: Personal Loan Canada
Mogo is a Toronto-based financial lending company that serves over 900,000 clients. It ranks well among the top personal loans available in Canada.
Loan and Service Types
Mogo provides a broad range of financial solutions to Canadians, including credit cards, mortgages, personal loans ranging from $100 to $35,000. It also offers free credit score monitoring, identity fraud protection, and cryptocurrencies. Mogo’s loans have an APR ranging from 5.9% to 46.96%. The benefit of Mogo is that it will provide you a loan even if your credit score is low. However, since the interest rate in this situation may be relatively large, you must exercise caution.
Customers may take use of Mogo’s services in practically all provinces and territories, as well as its wide range of financial alternatives. Additionally, there is a free Mogo Visa Platinum Prepaid Credit Card, free credit score monitoring, positive loan payments that show up on your credit record, and 24/7 assistance.