Canada's Top Peer-to-Peer Lender
goPeer
Personal Loans $1,000–$35,000
Rates starting at 8.99%. Apply online, get your decision in 24 hours, funded in as little as a week. No collateral. No bank required.
8.99%
STARTING RATE
24 hr
APPROVAL
$35K
MAX LOAN
99.9%
FUNDED RATE
LOAN AMOUNT
$1K – $35K
No collateral required
INTEREST RATE
8.99%+
Based on credit profile
APPROVAL TIME
~24 hrs
Funding in 1–2 weeks
Peer-to-Peer Model
Your loan is funded directly by individual Canadian investors — cutting out the bank and passing savings on to you.
No Collateral Needed
goPeer offers unsecured personal loans — you don't need to put up your home or car to access funding.
Fixed Monthly Payments
Lock in your rate and know exactly what you owe each month. No variable rate surprises.
Canada-Wide
Available to borrowers across most Canadian provinces. Check eligibility when you apply.
How goPeer Works
Three steps from application to money in your account.
1
Apply Online
Fill out a short application at goPeer. Soft credit check — no impact on your score to check your rate.
2
Get Your Decision
Most applications receive a decision within 24 hours. Review your rate and loan terms.
3
Receive Funding
Once approved and accepted, your loan is listed for investors. 99.9% of loans are fully funded — typically in 1–2 weeks.
goPeer vs. Traditional Banks
See why more Canadians are choosing peer-to-peer lending.
| Feature | goPeer | Big Bank | Payday Lender |
|---|---|---|---|
| Starting Rate | 8.99% | 9–15%+ | 300–400%+ |
| Approval Speed | ~24 hours | 1–5 business days | Same day |
| Collateral Required | No | Sometimes | No |
| Application Process | 100% Online | Branch visit often | Online |
| Loan Amount | $1K–$35K | $5K–$50K+ | $100–$1,500 |
| Fixed Rate | Yes | Variable options | Fixed (high) |
| Transparent Pricing | Yes | Often complex | No |
Who Uses goPeer?
Canadian borrowers across every financial situation.
Debt Consolidation
Roll multiple high-interest debts into one lower-rate loan and simplify your monthly payments.
Home Improvements
Finance renovations, appliances, or repairs without touching your home equity.
Major Purchases
Car repairs, medical expenses, or any large purchase — get the funds you need fast.
Education & Skills
Invest in courses, certifications, or a career move that traditional student loans won't cover.
Common Questions
Everything you need to know before applying.
goPeer has minimum eligibility requirements you can review before applying. Generally, a fair to good credit history improves your chances of approval and a better rate. You can check eligibility requirements on their site.
Most applications receive a decision within 24 hours. Once approved and the loan is accepted, it goes live on the platform for investors to fund. 99.9% of loans are fully funded — typically within 1–2 weeks of acceptance.
The initial rate check uses a soft inquiry and does not impact your credit score. A hard inquiry only occurs if you proceed with a full application and are moving forward with your loan.
goPeer operates across most Canadian provinces. Availability may vary by province — check goPeer's eligibility page for the most current list of provinces served.
Yes. goPeer allows early repayment. Review your loan agreement for details on any applicable terms.
Bremo is an independent financial content platform. This page contains affiliate links — if you apply and your loan is funded through goPeer, Bremo may earn a referral fee at no cost to you. Rates and terms are set by goPeer and subject to change. Always review your loan agreement carefully before accepting. Not financial advice.
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