You never know when you’re going to need a loan or what you’re going to need a loan for. Here are just a few of the ways you can use the personal loans available through our site:
Small loans for poor credit
Debt consolidation loanWhen you’re drowning in credit card debt, it’s hard to stay above water. Use a personal loan to pay off your credit cards, consolidate your debt into one monthly payment, and scale down your interest charges.
Business loanYou have an idea, a business plan, and a future that you believe in — now you need the capital to make it happen. Apply for a business loan today and launch (or grow) your passion project tomorrow.
Major purchaseMaybe you need a new oven or refrigerator. Or maybe you just want to buy a boat or an ATV. Unless you’re lucky enough to have the cash sitting in your bank account, the best way to pay for your major purchase is by taking out a low interest rate personal loan.
Home renovation loanWhether you’re updating a bathroom or fixing a leaky roof, home renos aren’t cheap. Our personal loan service will give you the funds you need to renovate your home. You’ll add value to your property and enjoy your house a whole lot more once you’ve fixed or upgraded it.
Medical or dental loanYour health insurance may not be enough to cover your family’s medical or dental expenses. Finance the procedure or treatments that you need (or that your loved one needs) with a personal loan.
Vacation loanSeize the here-and-now and start crossing dream vacations off your bucket list. Wherever you want to go, a personal loan will help get you there.
Engagement loanMaybe you want to throw a big engagement party or you have your heart set on a special ring. Celebrate your engagement now and pay back your loan in monthly installments at a reasonable interest rate.
Wedding loanLet’s see: there’s the venue, food, music, and photographer to plan for. Plus a hundred other little details. With a personal loan through LowestRates.ca, consider your wedding expenses taken care of.
Special occasion loanSome things only happen once, like a 25th wedding anniversary, graduation, or retirement party. So enjoy the moment and use our personal loan service to help make your celebration one to remember.
Education loanWhether you’re enrolled in a full-time university program or a one-off skills building course, school can be expensive. If you’re ready to invest in yourself, a personal loan can help you pay for your education.
Taxes loanYou owe money to the CRA and that’s a cost you didn’t plan or budget for. But there’s hope: just apply for a personal loan through our site and get access to the cash you need to pay your tax bill.
Rainy day loanMost of us don’t have the extra income needed to grow an emergency fund. So when an unexpected financial setback arises — like a job loss or major car repair — a personal loan can help save the day.
Household expenses loanBetween heating, hydro, groceries, and all your other monthly expenses, it’s easy to get behind on your payments. Life happens. Apply for a personal loan on our site and get those bills paid and back up to date.
Bridge loanYour equity is a little tied up at the moment. So what do you do? Get a bridge loan, a popular short-term financing tool that helps you meet your liquidity needs between the start of a new loan and the conclusion of an existing loan.
Baby or adoption loanWelcoming a new baby into the family is a lot of things: exciting, magical — and expensive. A personal loan can help you shore up your finances as you take on the awesome responsibility of being a parent.
Car loanYou’re way too busy to be worrying about the bus schedule or depending on a ride from someone else. Here’s the new plan: apply for a car loan through our site and get your mobility and independence back.