GoPeer Review – Peer-to-Peer Lending Made Easy for Canadians

Overall Lender Rating: 4.6 out of 5 Stars*

GoPeer is Canada’s first regulated peer-to-peer lending platform, connecting borrowers with individual investors for a more personalized lending experience. By eliminating the traditional financial institution intermediaries, GoPeer provides borrowers with competitive interest rates and flexible loan options, while offering investors the opportunity to earn attractive returns on their investments. Read more in this GoPeer lender review to decide if they could be the right lender for you.

GoPeer Review

GoPeer: Empowering Borrowers and Investors Through Innovative Lending Solutions

Key Information to Highlight:

  • Interest Rate Range: 8% – 30%
  • Loan Amount Available: $1,000 – $25,000
  • Minimum Credit Score Required: 650
  • Service Areas: All Canadians provinces & territories


GoPeer is listed with the Better Business Bureau with an “A+” ranking, but they are not accredited. Their profile with the BBB currently lists one customer review of 5 stars and one customer complaint closed in the last 12 months. GoPeer on Google has 64 customer reviews with an overall star rating of 4.7/5. Currently their website does not display any additional reviews to highlight about their customer experience.

Who Does GoPeer Serve?

GoPeer caters to borrowers with a minimum credit score of 650.

  • 650 – 659 Credit Range: GoPeer will consider working with you if you have had a bankruptcy in the last 7 years or a consumer proposal in the last 3 years.
  • 660 – 723 Credit Range: GoPeer will consider working with you if you have had a bankruptcy in the last 7 years, but will not look at this with a recent consumer proposal
  • 724 Credit Score & Above: GoPeer will not consider working with you if you have any bankruptcy on consumer proposal on your credit report.

Looking to see if you can get pre-approved for GoPeer? For specific eligibility criteria and to see what rate you could be approved for, apply here. It won’t affect your credit score to see what you qualify for.

*At this time, GoPeer’s platform does not explicitly mention whether or not they work with newcomers to Canada.

What Types of Loans Does GoPeer Provide?

GoPeer specializes in unsecured personal loans for a wide range of purposes, including debt consolidation, home improvements, education expenses, and more. As a peer-to-peer lending platform, loans are funded by individual investors rather than traditional financial institutions, creating a more personal and streamlined borrowing experience.

Important Considerations of Working with GoPeer

Reasons to Choose GoPeer:

  • Innovative peer-to-peer lending model for a personalized experience
  • Competitive interest rates and flexible loan terms
  • Quick and easy online application process
  • Transparent lending practices without hidden fees

Things to be Cautious of:

  • Higher interest rates for borrowers with lower credit scores
  • No physical branches for in-person support
  • Limited to borrowers with a minimum credit score of 650


In conclusion, GoPeer offers a unique and efficient alternative to traditional lending, leveraging the power of peer-to-peer connections to create a more personalized borrowing experience. With competitive rates, flexible loan options, and a commitment to transparency, GoPeer is an attractive choice for Canadians seeking personal loans.

If would like to see if you qualify for a pre-approved offer from GoPeer without affecting your credit score, apply through LoanConnect today.

*To understand the review criteria, you can read more on our evaluation factors here.


Related Posts