Provider review

Spring Financial

FCACDirect lenderLast reviewed August 25, 2026

Personal loan

8.5

Overall

Our verdict

Spring Financial is a consumer-credit lender with live personal-loan offers in {market}. Compare the published {rateAbbr} range — the floor is not the typical rate.

Cost: 8.2
Flexibility: 8.8
Transparency: 8.6
Service: 8.4

Claire Bouchard · Editor, consumer credit · Scores are editorial and do not affect list order, which is set on published price.

Our review

Suits: An unsecured instalment when a non-bank lender publishes a range and a working apply link.

What stands out

Direct consumer lender
Published rate range
Unsecured instalments

Spring Financial appears on personal loans in Canada. Sketch the same amount and term in the loan calculator using the offer APR.

Supervision: OSFI and the FCAC. Not a loan promise.

Pros

Listed as a lender, not a comparison panel.
Terms sit on the live card; we do not invent a typical rate.
Browsing does not pull a credit file.

Cons

Consumer credit at the top of a range is expensive.
A rate on the card is not an approval.

Questions about Spring Financial

Is this a bank?

It is a licensed consumer-credit lender. Deposit protection on CDIC coverage applies to eligible deposits with a deposit-taker, not to a loan you owe.

Products you can apply for

1 products in this market

Spring Financial Personal Loan

Paid same day
Soft credit check

8.54.3(1)

Nominal: 9.99%–34.95%
Loan amount: $500–$35,000
Term: Up to 84 months

Direct lender
Same day
18+

Apply now

Full review

Representative example

Unsecured loans $500–$35,000; terms 6–84 months; interest 9.99%–34.95%; APR 9.99%–35.00%. Age of majority, Canadian government ID, active Canadian bank account and steady income required. Application is free. Funds by EFT after signing. Soft inquiry first; a hard inquiry is only done with consent if needed. Lends in all provinces/territories. Source: springfinancial.ca/help-centre/personal-loans, 2026-08-27.

Spring Financial: Unsecured loans $500–$35,000; terms 6–84 months; interest 9.99%–34.95%; APR 9.99%–35.00%. Age of majority, Canadian government ID, active Canadian bank account and steady income required. Application is free. Funds by EFT after signing. Soft inquiry first; a hard inquiry is only done with consent if needed. Lends in all provinces/territories. Source: springfinancial.ca/help-centre/personal-loans, 2026-08-27.

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