Best Debt Consolidation Loans of 2026 (Canada)
## Best Debt Consolidation Loans of 2026 (Canada)
**Affiliate Disclosure:** We may receive a commission if you click on our links and get approved for a loan. This does not affect our rankings or reviews.
| Lender | APR Range | Loan Amount | Min. Credit Score | Why We Picked It |
|—|—|—|—|—|
| RBC | 10.99% – 19.74% | $5,000 – $50,000 | Not publicly disclosed | Flexible terms and no early payment penalties |
| BMO | 8.99% – 22.99% | $2,000 – $35,000 | Not publicly disclosed | Flexible payment plans and payment deferral option |
| Scotiabank | 6.00% – 10.00% | $5,000 – $75,000 | Not publicly disclosed | Flexible repayment and fixed/variable rates |
| TD | Not publicly disclosed | $2,000 – $50,000 | Not publicly disclosed | Best for consolidating high-interest debt |
| National Bank | Not publicly disclosed | Not publicly disclosed | Not publicly disclosed | Flexible repayment and no prepayment penalties |
| CIBC | Not Disclosed | $3,000 – $20,000 | Good – Excellent | Best established lender |
| LoanConnect | 8.99% – 35.00% | $500 – $60,000 | Not specified | Best for comparing offers |
| Loans Canada | 8.99% – 35.00% | $300 – $50,000 | Not specified | Best for all credit scores |
| Cashco Financial | 35.00% | $500 – $100,000 | Not specified | Best for flexible payments |
| FlexMoney | 18.90% – 35.00% | $500 – $35,000 | 500 | Best for fast online funding |
| easyfinancial | 9.99% – 35.00% | $500 – $150,000 | Not specified | Best for bad credit |
| Fairstone | 19.99% – 34.99% | $500 – $60,000 | 525 | Best for homeowners |
| LM Credit | From 10.99% | $500 – $20,000 | Not specified | Best for debts in collections |
| Fig | 8.99% – 29.49% | $2,000 – $35,000 | 700 | Best for good credit (bank alternative) |
| Spring Financial | 9.99% – 34.95% | $500 – $35,000 | Not specified | Best for fast online approval |
**Footnote:** The information above is accurate as of March 2026. APRs, loan amounts, and other terms are subject to change and may vary based on your individual creditworthiness and the lender’s underwriting criteria. Please visit the lender’s website for the most current information.