About

APR Before Yes is an independent information site about personal loans in Canada. It is written for people who are about to borrow, or already have, an unsecured or secured personal loan, a line of credit or a high-cost loan, and want to understand what lenders look at, what the APR means and what rights they have.

The guides explain the rules that apply in 2026, including the 35% APR criminal interest rate in force since 1 January 2025, the federal disclosure and prepayment rules for banks under the Bank Act, provincial consumer protection rules, with Quebec differences noted, and the complaint routes through OBSI, the FCAC and provincial regulators. Worked examples show the arithmetic so you can check an offer yourself.

The site does not lend money, arrange loans, rank lenders or publish current rates. All rates and amounts in examples are illustrative. Laws and figures can change; each guide links to the official source to check. Nothing here is financial, legal or tax advice. For help with your own situation, contact a non-profit credit counsellor, a Licensed Insolvency Trustee or a lawyer.

How this site is made

APR Before Yes is an independent information project. Guides are drafted with the help of AI writing tools and checked against official and primary sources before publication; see our Editorial Policy. We are not affiliated with any provider mentioned on the site and do not sell products or services.