goPeer Review 2026Apply Now Check if I Qualify ↓
Written and analysed by Smarter Loans Editorial Team · Reviewed by Vlad Sherbatov
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Four questions checked against goPeer's published criteria, per product. No application started.
goPeer publishes an eight-item checklist, and the unusual entries are about time: three years as a Canadian resident, twelve months clear of bankruptcy, three trades on file.
What counts toward the annual figure has to be earned. Payments from EI, CERB and related programs are excluded from the income test outright, whatever their size.
Three years as a Canadian resident, at least three trades on the credit file, and twelve months since any bankruptcy. The file needs age as well as cleanliness, so a newcomer or a fresh credit profile fails on time alone.
2 reviews from borrowers who used goPeer. Each is submitted by a verified borrower and moderated for authenticity; it renders as written, positive or not, and lenders cannot remove it.
Great platform, very transparent...thank you goPeer!
This is the best loan experience I have ever had. I’m so happy I found out about GoPeer....I love the idea of my loan being funded by other Canadian investors.
goPeer is Canada’s first consumer peer to peer lending platform dedicated to helping everyday Canadians to lend and borrow from each other. goPeer replaces banks and traditional financial institutions to provide better rates to borrowers while creating a new investment opportunity available to all Canadians.
goPeer offers affordable personal loans to help you achieve your financial goals. A peer-to-peer funded loan can be a great for a variety of needs such as debt consolidation, paying off high interest credit cards, home improvement, unexpected costs, vehicle expenses, medical expense, major purchases and more.
goPeer specializes in peer-to-peer lending. Borrowers may apply through goPeer and everyday Canadian investors may choose to invest and fund their loans.
goPeer offers unsecured personal loans, installment Loans and debt consolidation.
The APR range on a goPeer loan is between 8% - 33.92%.
You can borrow anywhere from $1,000 - $25,000 from goPeer.
You have either 36 months or 60 months to pay back your loan from goPeer. You may pay off the loan earlier without any penalties.
Payment is arranged by direct debit, to be collected once a month. Flexible payment options are also available upon request. Your first repayment is usually scheduled to be debited one calendar month after you receive your loan. Borrowers are reminded in advanced of their upcoming repayments
goPeer is a 100% Canadian, Toronto-based organization that seeks to improve the financial opportunities to everyday Canadians. When you invest in a goPeer loan, you contribute to helping real people in Canada. Their innovative approach to lending focuses on financial wellness, empowering Canadians to help each other achieve their goals faster.
goPeer is committed to the financial health of their members and strives to improve the Canadian lending market by offering swift, affordable loans.
At goPeer privacy and security is very important to them. They implemented a multi-layered approach to security, with strict constraints and controls in place for each layer to establish a fortified barrier. Among these layers they incorporated specialized security protocols including bank grade or better encryption of data at rest, in motion, and additional public-key (RSA-4096) encryption of sensitive information.
You need to be a Canadian resident for at least 3 years and own a Canadian bank account to borrow through goPeer.
