Desjardins Personal Loan

Desjardins, Canada's largest federation of credit unions, offers personal loans with fixed and variable rates and member-focused service.

Last checked on June 8, 2026. We may earn a commission when you click through.

Advertisement

Desjardins offers a solid option for personal loans with competitive rates and member-oriented service, making it a viable choice for many borrowers.

Personal

Desjardins Personal Loan

Desjardins

Updated 2 months ago

Representative APR

6.95–12.95%

Loan Amount

CA$500 – CA$50,000

Term

12–60 months

Check eligibility →

You'll be redirected to desjardins.com

Our Verdict

Desjardins offers a solid option for personal loans with competitive rates and member-oriented service, making it a viable choice for many borrowers.

Best For

This loan is best for current Desjardins members seeking flexible terms and personalized service, along with those who prefer a well-established institution.

Watch Out

Be mindful of the higher APR range, which may not be ideal for all borrowers, and consider whether a fixed or variable rate better suits your financial situation.

Requirements

  • Desjardins member
  • Canadian resident
  • Good credit history

Expert Analysis

Desjardins, as Canada's largest federation of credit unions, brings a member-focused approach to personal lending. Their personal loans offer a range of fixed and variable interest rates, starting from 6.95% and going up to 12.95%. This flexibility allows borrowers to choose a plan that aligns with their financial strategy.

However, potential applicants should note that the higher end of the APR spectrum could be a concern for those who may not have stellar credit. The application process is generally straightforward, especially for existing members, who can benefit from streamlined services. Compared to alternatives like traditional banks, Desjardins emphasizes community and member service, which can lead to a more personalized experience.

However, it's essential to compare their offerings with other lenders as well, as some may provide lower rates or more favorable terms for specific situations. Overall, Desjardins is a reputable choice for personal loans, particularly for existing members, but thorough comparison shopping is advisable to ensure the best financial fit.

Rates shown are representative. Your actual rate may differ based on your circumstances. We may earn a commission for referrals.

Check eligibility →

You'll be redirected to desjardins.com

Similar options