$1,000 CAD Loan – Compare Offers
Comparing 5 offers for $1,000 CAD. Rates updated April 8, 2026.
| Lender | Amount | APR from | Term | Approval | Rating | Action |
|---|---|---|---|---|---|---|
|
RBC Royal Bank
RBC Royal Bank
|
$1,000 CAD – $50,000 CAD | 7.99% to 24.99% | 12 – 60 mo. | 24 hours | ★★★★★ 4.3 | Details Apply ad |
|
Scotiabank
Scotiabank
|
$1,000 CAD – $50,000 CAD | 7.49% to 23.99% | 6 – 60 mo. | 1-3 business days | ★★★★★ 4.2 | Details Apply ad |
|
Fairstone
Fairstone
|
$500 CAD – $50,000 CAD | 19.99% to 39.99% | 6 – 120 mo. | 24 hours | ★★★★★ 4.2 | Details Apply ad |
|
Tangerine
Tangerine
|
$1,000 CAD – $35,000 CAD | 9.49% to 19.99% | 12 – 60 mo. | 24-48 hours | ★★★★★ 4.1 | Details Apply ad |
|
Spring Financial
Spring Financial
|
$500 CAD – $35,000 CAD | 14.99% to 46.96% | 6 – 60 mo. | 24 hours | ★★★★☆ 3.9 | Details Apply ad |
Sample Monthly Payments for $1,000 CAD Loan
12 mo.
$87.91/mo.
Total: $1,054.93
24 mo.
$46.14/mo.
Total: $1,107.37
36 mo.
$32.26/mo.
Total: $1,161.45
60 mo.
$21.24/mo.
Total: $1,274.53
84 mo.
$16.60/mo.
Total: $1,394.07
* Example at 9.99% APR. Actual payment varies by lender. Contact the lender for an exact quote.
How to Choose the Best Loan?
When comparing loans, always look at the Annual Percentage Rate (APR), not just the interest rate. The APR includes all loan costs – interest, origination fees, insurance, and other charges.
Also check the total amount payable – with a longer repayment term, your monthly payment is lower, but you'll pay significantly more interest overall.