Loan Products
Synergy One Lending offers a single core product, the unsecured personal installment loan, structured across three tiers aligned to your credit profile. Every rate complies with Canada's Criminal Code maximum interest rate of 35% APR.
| Tier | Borrower Profile | Credit Score | Loan Range | APR Range | Term | Max DTI | Min. Monthly Income |
|---|---|---|---|---|---|---|---|
| Prime | Strong credit history, stable income | 720+ | $10,000 – $50,000 | 9% – 16% | 12 – 60 months | 40% | $3,500 |
| Near-Prime | Fair credit, some blemishes | 620 – 719 | $5,000 – $25,000 | 17% – 26% | 12 – 48 months | 43% | $2,500 |
| Subprime | Limited or poor credit, underserved | Below 620 | $1,000 – $10,000 | 27% – 35% | 6 – 36 months | 45% | $1,800 |
An origination fee of 1%–3% of your loan principal is charged at disbursement. This fee is factored directly into your disclosed APR and appears clearly in your loan agreement, never hidden. Subprime-tier loans are charged the maximum origination fee, reflecting the higher cost of underwriting.
Pay off your loan early, in full, at any time, with no penalty. We'll calculate your outstanding principal and accrued interest to your payoff date and issue a clear payoff statement.
What Borrowers Use This For
Replace multiple high-interest debts with one lower-rate payment.
Finance renovations and repairs on flexible terms.
Cover out-of-pocket healthcare expenses quickly.
Get financing for a new vehicle or urgent repairs.
Bridge an income gap with a manageable repayment plan.
Fund education, relocation, or family milestones.