How to apply for Mogo Loans?

Mogo Loans are great for those who need a hand to accomplish a dream or just to consolidate debt fast enough to restart a better financial path. Check out how to get the loan you need today.


by Aline Augusto

03/03/2022 | Updated on 04/02/2022

Applying for Mogo Loans: get pre-approved in 3 minutes!

Find out how the application process works! Source: The Mister Finance.
Find out how the application process works! Source: The Mister Finance.

Applying for a loan at Mogo Loans is easy and fast. Actually, you can request a loan within 3 minutes.

Mogo also features a pre-approval process that doesn’t affect your credit score.

Take a look at the basic eligibility requirements before applying for a loan. First of all, you must present a minimum annual net income of $13,000. 

Also, you must be in steady employment for at least 30 days. 

Second of all, you need to provide a valid government-issued ID and a bank account verification.

Last but not least, you must be the age of the majority in your province. Note that Mogo is not available in Quebec and Saskatchewan.




Online Mobile app

Apply now for a loan to get the help you need with your finances!

You will be redirected to another website


Apply online

See how to apply online for Mogo Loans. Source: Pexels.
See how to apply online for Mogo Loans. Source: Pexels.

Access the Mogo website. On the right corner, you will see a form where you will fill it out with your basic and personal information.

Also, provide how much you need and the loan reason.

After that, click on Get Pre-Approved.  

Apply using the app

After creating an account, download the Mogo mobile app to manage your finances.


Mogo Loans vs. Fat Cat Loans

Both services provide loans through a network of committed lenders. On one side, Mogo offers higher amounts of up to $35,000.

On the other side, you may be able to get fewer costs through Fat Cat.

Check out the full comparison table right below!

Mogo LoansFat Cat Loans
APRFrom 9.9% to 46.96%From 4.84% to 35.99%
Loan PurposePersonalPersonal
Loan AmountsUp to $35,000From $200 to $5,000
Credit NeededAll credit types are consideredAll credit types are considered
TermsApproximately 9 months to 5 yearsFrom 3 to 84 months
Origination FeeIt depends on the lenderIt depends on the lender
Late FeeIt depends on the lenderIt depends on the lender
Early Payoff PenaltyIt depends on the lenderIt depends on the lender

If you decide to go with Fat Cat, take a look at how to apply for a loan through its platform.

Logo Fat Cat loans fundo azul

How to apply for the Fat Cat loans?

Get an instant online loan through the Fat Cat loans! Check out how to get a quote and receive an instant decision!

About the author

Aline Augusto

My name is Aline Mesquita; I'm a writer here on the blog, where I write about finance in general and other subjects. I have been working with content creation for ten years. Also, I'm post-graduated in Project Management, with expertise in SEO practices. Currently, I am studying finance, market trends, and cryptocurrencies.

Reviewed by

Aline Barbosa

Senior Editor

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