Child tax loans match parents on the income they receive — including the Canada Child Benefit — not just their credit score. Compare licensed Canadian lenders in one 60-second application, with no impact to your credit to compare.
A child tax loan is a personal loan for a parent whose income includes the Canada Child Benefit (CCB) — still widely called the "child tax" benefit. Because the lenders in the Loanspot network weigh your income and ability to repay rather than your credit score alone, the steady monthly CCB deposit can help you qualify. You compare several licensed Canadian lenders from one 60-second application.
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No lender can promise approval, and whether the benefit is accepted depends on the lender. But because the CCB is regular and deposited to your account, many lenders treat it as part of your overall income.
Raising kids brings costs that don't always line up with payday. Parents are often matched for:
Your income, including the CCB, is confirmed securely through IBV — a read-only check that takes about 60 seconds. Borrowing the smallest amount that covers the need keeps the payment and total cost manageable.
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Apply once — comparing won't affect your credit score.
Tell us how much you need and confirm your income with IBV — no documents to fax.
We compare lenders who consider your full household income, including the CCB.
Choose an offer and receive your funds — often by e-transfer the same or next business day.
Every lender in the network must stay within the federal 35% APR cap and follow Canadian cost-of-borrowing laws, disclosing the full cost of your child tax loan before you sign. Reputable lenders never ask for an upfront fee to release funds and never promise guaranteed approval.
For a family budget, predictability matters most. Check the total cost of borrowing, choose the shortest term you can comfortably afford, and avoid borrowing against future benefit payments you'll need for everyday costs. If you only need a small amount fast, compare emergency loans.
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The questions Canadian parents ask most.
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Often yes. Many lenders consider the Canada Child Benefit as part of your overall income because it's steady and verifiable. Whether it's accepted depends on the lender, and no one can guarantee approval.
Many lenders treat the regular CCB deposit as part of your household income when assessing your ability to repay, alongside any employment income.
No. Comparing options on Loanspot does not affect your credit score. A lender may only run a check if you move forward with a specific offer.
Often yes. Approval is based mainly on your income and ability to repay, so fair and poor credit are still considered.
Only what comfortably fits your family budget. Borrowing the smallest amount you need keeps the payment and total cost manageable.
Most applicants are matched within minutes, and many lenders fund approved loans by e-transfer the same or next business day.
All lenders must stay within the federal 35% APR cap and disclose the full cost of borrowing before you sign.
One 60-second application. No obligation. No impact to your credit score to compare.
Get matched now →