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Frequently Asked Questions
What is FundsLeap?
FundsLeap is a Canadian loan comparison website that helps you compare loan options from multiple lenders in one place.
Is FundsLeap a lender?
No. FundsLeap is not a lender. We help connect users with lending options, but the final approval, loan amount, rates, and terms are determined by the lender.
Will comparing loans affect my credit score?
Submitting a request through FundsLeap may involve a soft or hard credit check depending on the lender. Each lender’s process can vary, so always review their terms before accepting an offer.
How fast can I receive funds?
Funding times vary by lender, but some lenders may offer same-day or next-business-day funding after approval.
What types of loans can I compare?
FundsLeap may help you compare personal loans, installment loans, short-term loans, and other borrowing options available in Canada.
Is approval guaranteed?
No. Approval is never guaranteed. Lenders review factors such as income, identity, banking history, credit profile, and affordability before making a decision.