Neo partners with trusted Canadian lenders to help you access personal loans tailored to your financial profile. Explore your options for a personal loan and apply online from the Neo app or website.
Explore your loan options
Getting an offer for a personal loan is quick and won't impact your credit score. You can apply online for a personal loan from the Neo app or website.
Neo app
Log in to the Neo app
In the Accounts tab, tap Explore products
Scroll down to Loans or select Loans from the top menu
Select the option that fits your current credit score
Review your personalized offers and apply through our loan partners
Website
Log in to member.neofinancial.com
Select Loans from the menu on the left side
Select the option that fits your current credit score
Review your personalized offers and apply through our loan partners
How loan offers are determined
We work with third-party providers to match you with the best loan for your credit history.
Credit score above 650: You may receive offers from Fig Loans or Spring Financial.
Credit score below 650: You'll receive offers from Spring Financial, which specializes in flexible approval options.
About our loan partners
We've teamed up with industry-leading providers to offer secure and accessible lending options.
Fig Loans
Fig is a fully digital Canadian lender backed by Fairstone Bank. They focus on providing personal loans to Canadians with good-to-excellent credit.
Best for borrowers with credit scores of above 650
Features competitive interest rates, no hidden fees, and a completely online application process
Funding is often completed within 2 business days
Spring Financial
Spring Financial specializes in helping Canadians of all credit backgrounds access financing and build their credit history.
Best for borrowers with a wide range of credit scores (both above and below 650)
Features flexible loan terms and credit-building products designed to improve your financial health over time
Immediate funding options are available for cash loans or credit-building savings plans
Understanding personal loans
What is a personal loan?
A personal loan is a borrowed lump sum of money that you pay back over a fixed period of time (the "term"). Unlike a credit card, a personal loan has a set end date by in which the balance will be fully paid off.
Personal loans are often used for:
Debt consolidation: Paying off high-interest credit cards with a lower-interest loan.
Large expenses: Covering costs for home renovations, weddings, or unexpected bills.
Using third-party loan providers through Neo
When you apply for a loan through Neo, Neo acts as a connector between you and the lender.
What this means for you:
Seamless access: You can view offers without leaving the Neo ecosystem initially.
Data sharing: To generate your quote, necessary information (such as your credit score) is shared securely with our partners to determine your eligibility.
Your agreement is with the loan partner: If you proceed with an offer, your loan agreement will be directly with the partner (Fig Loans or Spring Financial), not with Neo Financial.
Support: For questions regarding loan repayment, interest rates, or changes to your payment schedule, contact the loan provider directly.
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Reach out for support
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