With rates that range from 6.9%-47.88 APR and terms up to 5 years
Like car sharing you can borrow by the day. Only 13 cents a day per $100 borrowed. (47.88%)
The MogoCard gives you the convenience of a credit card and the control of a debit card with no monthly usage fee.
Simple application, instant decision and fast funding for loans $200* to $25,000.
Spend less and do more with your free Prepaid Visa Card. Over 40 designs to choose from.
With no Monthly Fees and over 40 designs to choose from, the Mogo Prepaid Visa® Card helps you control your spending and avoid the aftershock of credit card debt.
Every week we’re giving away cool prizes from great brands we like, such as Warby Parker, Beats, Aritzia, and many more.
As a Mogo member, you can enjoy a free treat on us every month. Just stop by any of our stores and pick one up.
Whether it's free wood-fired pizza in Vancouver or sampling the best hot dogs in Toronto, each month we host exclusive members-only events.
Less than 50% of Canadians know their credit score! Get yours for free when you sign up for Mogo Money.
Bill owed $10,000 on his credit card that had a 20% annual interest rate. He paid it off with a 5-year MogoLiquid loan from Mogo at a 6.9% annual interest rate, reducing his interest rate by over 60%. He also started using his new Mogo Prepaid Visa Card to help him avoid getting back into credit card debt.
Mary needed $1,000 to take advantage of a vacation deal that was $500 off the regular price. She decided to use the MogoMini Line of Credit to pay for it and paid it back in only 4 weeks. Her total cost of borrowing was only $36.60 (Based on 47.88% AIR and bi weekly payments, not including optional fees or services).
Jay realized that a $200 cheque he had already written was about to bounce. Not having access to overdraft, he borrowed a $200 short term MogoZip loan from Mogo and transferred it into his bank just in time to avoid a $45 NSF from his bank and a $40 fee from the merchant. His total cost of borrowing was $21* (Based on rate of $10.50 per $100 for 14 days and APR of 273.8%).
FEB 19, 2015#MogoLife Interview with Erin Ireland
FEB 07, 2015Uncreditcard Your Life With A Loan That You Borrow By The Day
FEB 03, 2015#MogoLife Interview with Paul Davidescu
JAN 16, 2015Golden Girl Finance’s Guide to Uncreditcard Your Life With Mogo!
DEC 23, 2014#MogoLife Interview with Daniel Torjman of 18 Waits.
DEC 17, 2014#MogoLife Interview Series: Crystal Kwon, Managing Editor of Vancity BuzzWe've got a team dedicated to making sure your Mogo experience is great.
Because if you're not happy, we're not happy.
Socially responsible lending
Level up to better rates
Our exclusive Level Up program enables you to work your way to better rates and higher limits. Simply make your payments on time and we’ll let you know when you’ve leveled up.
Utterly transparent
No secrets, no spin. We’ll give you the information you need to make an informed decision.
Smart alerts
We make sure to remind you and highlight important info to help you stay in control and avoid unnecessary fees.
Free Prepaid Visa Card
A free tool to help you control your spending and avoid credit card debt. Learn more
Free credit score
Knowing your credit score is an important part of managing your financial health.
You're safe
Your data security and privacy are our highest priority. We use bank-level security encryption standards.
We give you time to ensure you feel you made the right decision, or your money back.