Skip to main content

Family Sitting on Floor After Painting Room

Personal Loans

You need money and we have options

Get a personal loan with FirstOntario

It’s tough to figure out the best way to borrow money. The good news is we’re here to guide you through the process. We can help you figure out your needs, what kind of payments you can handle and your best borrowing options.

We’re happy to walk you through the process in one of our branches, or our Member Solutions Team can take care of everything for you over the phone. If you're looking for an unsecured loan, you can submit an application online.

Learn more about personal loans

WHY GET A PERSONAL LOAN?

INTEREST RATES

CALCULATOR

Consider a personal loan with us if you need the funds for

A car
Big purchase like a renovation or unexpected expense
RRSP contributions

Investments
Debt consolidation

Our personal loans offer

Even greater rates

You can opt to secure your loan for an even lower interest rate.

The right rates

Choose a fixed rate or variable rate.

Repayment choices

Flexible repayment options, including early repayment without penalty.

Payment flexibility

Schedule your payments monthly, bi-weekly or weekly.

Peace of mind

Protect yourself with optional life, disability or critical illness insurance.

Personal Loan Interest Rates

List of rates for PERSONAL LOANS*
PERSONAL LOANS*	Rate
Fixed Rate Secured Loan	9.24
Fixed Rate Unsecured Loan	9.74
Variable Rate Secured Loan	9.74
Variable Rate Unsecured Loan	10.24

*Annual Percentage Rate (APR). Rates are subject to change at any time. Conditions apply.

Our Member Solutions Team can help with loans over the phone

Select Image

Looking for an unsecured loan? Submit your application online.

*APR. Rates are subject to change at any time.

Line of Credit

Borrow what you need, pay the interest monthly and the balance when you’re ready.

Cash Back Visa Credit Card ❐

Put extra dollars back into your wallet with no annual fee.

TFSA

Grow your savings tax-free with a Tax-Free Savings Account.