Invest In Your Future With An
Education Loan Up To $50,000
Complete our online Quick Quote in 2 minutes for your personalized loan rate.
Loan Application can be completed in 7 minutes
Get a response in 60 seconds
Receive your funding the next business day
This will not impact your credit score
Afford the Education You Want With a Symple Loan
Whether you are looking to further your own education by going back to college, pursuing an MBA or a graduate degree, or giving your child the gift of a private school education, a Symple Loan can help you achieve these goals. With loans up to $50,000 and flexible payment terms of up to 7 years, an education loan from Symple is a smart and accessible option to help with your education needs.
Personalized Rate Quote
Loan Terms from 1 to 7 Years
No Early Repayment Fees
Private and Secure
Stop Worrying About Expenses and Focus on School With Help From Symple
When taking out an Education loan from Symple, you can use it for a number of expenses to help you focus on what is important to you.
Tuition
Text Books
Rent
Transportation
This will not impact your credit score
Symple Loans Rates
Our interest rates are often lower than what other lenders are offering and our Quick Quote feature gives you an indicative rate before you apply. You can have the money in your account the next business day.
Rates
| Interest Rate | Establishment Fee |
|---|---|
|
6.99% p.a. to 26.99% p.a.* |
From 0% to 5%* |
| APR |
|---|
|
From 6.99% p.a. to 32.00% p.a.* |
Loan Options
| Minimum Amount | Maximum Amount |
|---|---|
|
$5,000 |
$50,000 |
| Minimum Term | Maximum Term |
|---|---|
|
1 Year |
7 Years |
Get Started With A Personalized Quick Quote Rate
Check Your Rate in 2 Minutes and receive a personalized Quote Rate. It won’t impact your credit score.
This will not impact your credit score
Symple Loans Eligibility
This will not impact your credit score
Education Loan FAQs
What is an Education loan?
Am I eligible for an Education loan through Symple?
If you meet the below requirements, you are eligible for a Symple Loan:
1. Be at least 18 years old
2. Be employed and receiving employment or retirement income over $50k annually
3. Be a Canadian Citizen or Permanent Resident
4. Residing in Canada (excl. NS QC, SK)
5. Have no previous bankruptcies
How much can I borrow for an Education loan?
Customers can request for $5,000 to $50,000 and select loan terms from 1 to 7 years. The amount that you are approved for will depend on the details provided in your application.
Can I pay off my Education loan early?
Yes! The beauty of acquiring a Symple loan is our flexible, no fee, early payment plan. With no early payment penalties you have several options to pay off your loan in partial or in full at any time by contacting our customer service team at [email protected] or call us directly at 1-888-479-2292.
Will receiving a rate estimate impact my credit score
What are the rates and term available for an Education loan?
At Symple, our application assessment and underwriting process allows us to better understand the specific circumstances of each applicant and offer customized interest rates and loan terms. Our rates allow you to pay off your loan faster while paying less interest over your term.
- Rates starting at 6.99%
- Terms from 1-7 years
How long will it take to receive my funds?
At Symple Loans, we pride ourselves on creating the most efficient and convenient experience for our consumers. Once you have accepted your loan terms by signing your contract, funds will be transferred by the next business day, it’s that Symple!
Are there any hidden fees?
Absolutely not! Origination fees may be applicable on your Symple Loan and help us provide you with the best customer experience from the comfort of your home, while keeping your interest rates low. These fees are a one-time charge of 0-5% and are added to your loan principal which can be paid off over your loan term. Late payment fees of $45.00 will apply for missed or late scheduled payments.
How can I apply?
This will not impact your credit score
