Fairstone is Canada’s leading non-bank lender of personal loans, helping customers get the money they need at affordable payments that meet their needs and budget. You can borrow up to $50,000† from Fairstone to consolidate debt into one simple monthly payment, cover unexpected expenses or something else altogether. With 235+ locations coast to coast, and 1,000+ knowledgeable Lending Specialists ready to help, you can trust Fairstone with your borrowing needs. Fairstone also partners with Canadian businesses and automobile dealerships to offer quality consumer financing.
Why Choose Fairstone?
Your Fairstone Lending Specialist will work one-on-one with you to find you a repayment plan you can afford
Receive your money as soon as today
Homeowners can choose a secured loan (backed by the value of their house) to borrow more money and access lower payments compared to an unsecured loan
Not a homeowner? No problem –unsecured loans are still a great option and come with affordable payments that fit your budget
Unsecured loans from Fairstone have no pre-payment penalties
Benefit from a fixed interested rate for the duration of your loan
Get your loan online from the comfort of your own home in select locations
Free, online loan quote that won’t impact your credit score
Get a Loan Quote in Minutes
Visit Fairstone.ca to find out how much money you could qualify for, and what your payments might be. No obligation, no impact to your credit score.
Fairstone FAQs
How is Fairstone different from other lenders?
Fairstone offers personal loans for Canadians with fair to good credit. They offer quick loan solutions, allowing customers to get the money they need, while also offering one-on-one personalized service.
How do I apply for a Fairstone loan?
Apply for a loan with Fairstone in three steps:
Visit Fairstone.ca, enter a few simple details and receive your personalized loan quote in minutes
A Fairstone Lending Specialist will be in touch by phone to discuss your loan offer
Visit your local Fairstone branch to finalize the application, and you could have your money as soon as today
What’s the difference between a secured and unsecured loan?
An unsecured loan is backed by a contract and is suitable for a wide range of customers since homeownership isn’t required. On the other hand, a secured loan is backed by the value of a house. Because of this, there’s greater confidence that the loan will be paid back on time. Therefore, a secured loan offers lower interest rates and lower payments compared to an unsecured loan.
Unsecured loan
Loan amount: $500 – $25,000
Interest rate: 29.99% – 34.99%*
31.99% APR for residents of British Columbia
Term: 6 – 60 months
Prepayment penalties: No
No homeownership required
Secured loan
Loan amount: $5,000 – $50,000†
Interest rate: 19.99% – 25.99%*
Term: 36 – 120 months
Prepayment penalties: Yes
Homeownership required
What documents do I need to provide for a personal loan?
If you’re applying for a personal loan, you’ll need to provide information to verify yourself and your income. This includes:
A government-issued ID (ex: driver’s license, Canadian passport)
Proof of income (ex: latest pay stubs, latest T4, CPP statement)
Rent verification (ex: lease agreement)
How much money can I borrow with Fairstone?
Fairstone provides unsecured loans up to $25,000 and secured loans up to $50,000†. However, how much you qualify for depends on a number of different factors including your income, credit history, and homeownership status. You can find out how much you qualify for by submitting a loan quote.
®Fairstone Financial Inc. is a wholly owned subsidiary of Fairstone Bank of Canada.
*Interest rates are subject to change. Actual Annual Percentage Rate (APR) varies based on the province of residence and individual factors like credit details and loan amount. The interest rate on an unsecured personal loan is 31.99% in BC.
†On approved credit. Terms and conditions apply. Interest rates vary by province/territory and from customer to customer based on factors like credit score and borrowing history. See Fairstone’s website for details.
Fairstone Financial Inc. holds high-cost credit licenses in AB, MB (License #85047, expiring 20-02-2026) and QC; it has applied for a high-cost credit grantor license in NL. For license information by province, visit Fairstone.ca/HCCG
In Ontario, Fairstone Financial Inc. is licensed as mortgage brokerage 10821.
In Nova Scotia, Fairstone Financial Inc. is licensed as mortgage lender #2021-3000028.
Services & Products
Fairstone Financial Offered Services
Unsecured Personal Loan
Loan Range
$500 – $25,000
Interest Rate
29.99% – 34.99%*
Terms (Months)
6 – 60 months
Funding Time
In as soon as 24 hours
Funding Method
Direct deposit
Repayment Options
Bi-weekly
Weekly
Semi-monthly
Monthly payments
Eligibility
Resident of Canada
Age of majority in your province
Requirements & Documents
Government-issued ID Rent or mortgage verification Proof of income
What Customers Are Saying About Fairstone Financial
D
Denise
Rated 5 out of 5
I went to the MacLeod Trail branch in Calgary to meet “D”, my Lending Specialist. He was very professional, courteous and he understood my financial needs. I highly recommend him and Fairstone services. Denise
L
Lisa W
Rated 5 out of 5
Fairstone helped us out when no one else would. They have been incredibly tolerant and patient with us through a very difficult transition. There are no words to describe my gratitude. All I can say is thank you!
D
Denise
Rated 5 out of 5
Great service, always willing to help.
L
Laura
Rated 5 out of 5
We had the pleasure of having Suzanne from the Spruce Grove branch help us. She is awesome so helpful so friendly goes above to help I would recommend her to anyone.
S
Sharon
Rated 5 out of 5
I recently dealt with Lorne at the Guelph store. Lorne eased my stress by having me come in 15min later to sign the papers. Everything was approved quickly and clearly explained. Don't try anywhere else, you'll be disappointed with the lack of customer service at other lenders.
K
Krystyna
Rated 5 out of 5
Hello, I recently had the pleasure to deal with Patrick at Fairstone Financial on Fairway Road in Kitchener. Patrick made the whole transaction very comfortable and easy as opposed to what I thought was going to be an intimidating ordeal. Thank you for doing a great job, Krystyna
S
Sherry
Rated 5 out of 5
I found they were very friendly and ice in the new Minas store.
C
Cliff Taylor
Rated 5 out of 5
My wife and I are always made to feel like we are part of the family in 1006 Princess St, Kingston, Ontario. The staff are great and friendly. They Always go out of their way to help and accommodate our schedule. Thank you.
D
Desire Ann Stewart
Rated 5 out of 5
Hello, thank you kindly! Navjot for helping me, Greatly appreciated. I am thankful for the help I received today with your Fairstone Company. Thank you kindly, Desire Ann Stewart
S
Sophia
Rated 5 out of 5
I went to the Fairstone west end location. Tammy helped me out she was great, knowledgeable, courteous. She didn't take long to help me out. It's not the first loan I took from Fairstone. Thanks, Tammy
L
Leyda Campbell
Rated 5 out of 5
Great company. Very professional, honest, and straightforward. If in need of financing and can't get help from the banks. Call them. Fair rates as well. Below almost everybody. I dealt with Simran, and she was awesome.
S
Shirley rice
Rated 5 out of 5
Excellent service..
K
karen
Rated 5 out of 5
Very fast and polite. I went to the Woodstock store, I had Heather she is so nice thanks to her and Fairstone I can get my car fixed and get a little something for me!! I am very happy with them...
D
Denene Morgan
Rated 5 out of 5
My husband and I worked with Erin Woodiwiss and we could not have asked for better service! We ran into challenges getting the paperwork done but she was understanding and very helpful through it all. I would recommend Fairstone to anyone who is looking to borrow from a good company.
M
Mary
Rated 5 out of 5
I dealt with Derwin in Bayers Lake, Halifax. He was efficient, detailed and friendly. His calm demeanour put me immediately at ease. He walked me through the entire process and used the approach that was best for me. Derwin thank you for making this a stress-free process. 5++++
W
Wilfred Ellerbeck
Rated 5 out of 5
Quick and Very cordial. Very informative. A lot of good advice. Prince at Longfellow was my contact.
J
jerome
Rated 5 out of 5
Nice service friendly staff always there to help love dealing with them.
C
Chelsea M.
Rated 5 out of 5
I called Norma at Fairstone around 2pm with unexpected financial concerns, only a day away from Christmas. With her determination, sympathy and professionalism, we were approved minutes before Fairstone closed for the day. Norma went above & beyond for our family. Thank you, Norma!! Sydney, NS.
R
Remy
Rated 5 out of 5
They are great, they will check Equifax but not report to either bureau after, and you can pay cash at their office. Once you have the first loan they are harder to renew. Much better service than easyfinancial.
A
ami
Rated 5 out of 5
Had a great and rapid service from a very kind woman named Marie she definitely gave me great service and I got the help I requested very easily. I did not believe till I got it, their service is worth a shot if you have several credit cards to be paid.
M
Marilyn Sparkes
Rated 5 out of 5
They helped me when I needed help. I know their interest is high but it was worth it because they were there when I needed help and relieved my stress.
J
Janet
Rated 1 out of 5
An excellent company. Commendations to my wonderful agent Amira. Highly recommend.
J
Jenn kendell
Rated 4 out of 5
Everything went smoothly & they made me feel like part of the family! Was done in less than an hour with no hassle! I have to say thanks to Jacqueline & Matt (also Gina who was out of the office at the time) For making me feel like a human at a vulnerable time! 💕
I
Italo
Rated 5 out of 5
With all that is going on i was unable to come up with my monthly payment , i can count on my branch manager Nikhil Sharma to aid me in my time of need. Thank you Fairstone for your help and understanding, Nikki did not hesitate and did not ask me any annoying questions.
L
Leena
Rated 3 out of 5
Wonderful company, good approach. They approved my loan over the phone, Unfortunately rate of interest (39%) was a big problem for me. Anyways, it's good if someone needs emergency funds.
A
Andrew Owens
Rated 5 out of 5
Very fast and friendly service. Super happy with my borrowing experience.
R
Robert jeffreys
Rated 5 out of 5
Very fast and polite. I went to the Trenton store, can't remember his name right now but He was great. Now I can get a boat. Thank you
F
Francine Larose
Rated 5 out of 5
I would like to send a special person Tina for working so hard in getting me a loan that suited my needs. She is a wonderful person to deal with. Tina, you are doing a TERRIFIC JOB I'm very HAPPY that we had the opportunity to meet.
M
Mike D
Rated 5 out of 5
Denise in the Abbotsford BC branch was very helpful. Received the funds in less than 24 hours from the time I applied online.
R
Reena
Rated 3 out of 5
I deal with Sherry and Jalyssa at the brandon branch and they are 2 great persons to deal with. Give me all the information needed.
P
Patricia Lawson
Rated 5 out of 5
Excellent service with Ellen Dunphy. Very professional.
J
Jason W
Rated 5 out of 5
I recently worked with Kayla Schick from the Winnipeg, unicity branch. Kayla helped me get through the process in a few minutes and approved quickly. Thanks to the great work she is doing, Bright light at the end of a tunnel.
J
jessy
Rated 5 out of 5
I had a great experience at the Woodlawn office. Very helpful and I would recommend them to people I know!
V
Veronica L
Rated 5 out of 5
I've had fantastic service from Tina 3 times in the last year and a half. She is always very welcoming, efficient , kind, considerate and informative. 6 out 5 stars here.
S
Sheila totten
Rated 5 out of 5
Fairstone on rothesay ave, saint john nb are the best they've helped me out for years. They have great customer service. They are so easy to talk to and they made it super easy for me. I would recommend them to everyone who needs that hand up not hand out. Thanks for everything.
M
Michele newsham
Rated 4 out of 5
Great service go see Erin she will help make your dreams a reality 7071 Bayers road.
R
Rebecca
Rated 5 out of 5
These guys are pretty good. I needed a loan to cover some car repairs and I was approved. Bit expensive but it all worked out and I'm happy.
B
beverley Gilchrist
Rated 5 out of 5
Very good Hadock the manager at Milton was excellent. He assisted great for my husband and I when we had no one else to turn to. I would reccomend this service.
S
Susan P.
Rated 5 out of 5
We had an excellent person to process our loan for us. Her name was Faiza Mirza and she was efficient ,pleasant and had an excellemt rapport with us.Very kind and not intimidating at all. The process was not long and we felt comfortable and welcome with Faiza helping us. GREAT!!
A
Alon Shakked
Rated 1 out of 5
I live in Hamilton and they keep sending me their promotions, once in a small envelope, different envelope, fancy envelope or cards. I am going to call them and finish this once and for all!
G
Gina Jones
Rated 1 out of 5
very difficult to deal with
J
John Keys
Rated 1 out of 5
They lied to me many times and tried to add 2000 of insurance I never requested. I know car loan are like that but I'm disapointed finantial institution are like that too. I was at the Laval branch. Avoid at all cost if you need money and dont want to be in worst position you started with.
Showing 6 of 42 reviews
Review Fairstone Financial
Thanks — your review is pending approval
Our team reads every review before it goes live on this page.
Expand Your Search
Find Other Lenders In This Region
See the lenders that fit you
Pick your province, job, income and credit range. The list updates as you choose.
Based on the criteria lenders give us. Lenders that haven't listed a criterion stay in the results, so check each lender's requirements before you apply.
Spring Financial is an online consumer lending company that offers innovative financial and credit-building solutions designed to give Canadians the opportunity to build credit, save money and borrow responsibly.With many Canadians struggling with high-interest debt and limited financing options, Spring Financial strives to provide Canadians with affordable and accessible financial products that can help them achieve greater financial freedom. Among their growing suite of smart money solutions, Spring Financial offers $1,500 cash advances, personal loans up to $35,000, and a credit-building program that helps you build credit and save money.
Available in seven provinces, iCash is an online source of fast, small loans that can be used for any emergency. Approved applications are processed within the same day and no documentation is required before the transfer of your funds. You can borrow up to $1,500 with iCash. Every time you pay the loan back following the agreed-upon deadline, you become a more reputable borrower. The increased trust allows you to borrow more each time. iCash uses a Trust Rating System, an algorithmic function that determines your merit as a borrower.
LendDirect is an online and in-branch lending provider offering personal lines of credit and secured loans for Canadians looking for flexible financial solutions. Unlike traditional loans, LendDirect offers revolving credit, allowing borrowers to access up to $25,000. Their streamlined approval process ensures funds are received quickly.
The MogoMini line of credit offers Canadian consumers a great personal loan alternative. Borrowers can access up to $5,000, spend what they need when they need it, make the automatic minimum payments, and finally control their own principal payments. This Mogo product is flexible and users can test drive their line of credit for 100 days to see if it’s the right fit. Access their easy online application via your MogoMoney dashboard and get pre-approved in 3 minutes with no impact on your credit.
easyfinancial offers a variety of loan products, including secured and unsecured personal loans. easyfinancial offers unsecured personal loans from $500 to $20,000 and secured loans between $15,000 to $150,000. Qualifying with easyfinancial is relatively easy compared to many banks and credit unions in the country. Moreover, online applications only take a few minutes to fill out and are normally accepted 24/7.
Fairstone is a great choice for consumers looking for loans with affordable payments that meet their needs and budget. As Canada’s leading non-bank lender of personal loans, consumers can get unsecured loans up to $25,000. Homeowners can choose a secured loan (backed by the value of their house) to borrow more money and access lower payments compared to an unsecured loan. Whether you’re looking to consolidate debt into one simple monthly payment, cover unexpected expenses or something else altogether, Fairstone is a great option.
Cash Money has been helping Canadians access easy and quick loans for more than 30 years. Users will enjoy their simple online application, personalized options, and quick funding. Whether you need to cover an emergency expense or simply need to make it to your next payday, Cash Money has a variety of options to meet your needs.
If you’re looking for an open-ended line of credit with credit limits up to $15,000, Fora is the best choice. Fora’s line of credit lets you withdraw funds from your available credit, and repay and redraw as needed. This makes it an excellent option for those seeking flexibility and quick access to cash as needed.Moreover, interest rates start as low as 19.9% and are only charged on the amount you withdraw.
If you’re short on cash, Bree offers cash advances of up to $750 with zero interest. Bree is an online financial platform that provides interest-free cash advances to help consumers avoid overdrafts and NSF fees. Their mission is to be a dependable and accessible financial source that consumers can trust when they need financial support. Moreover, you can access the money you need with Bree without having to worry about credit checks, interest charges or late fees.
Nyble helps users quickly access a line of credit of up to $250 without credit score requirements. This is a good option for anyone who wants to avoid overdrafts or needs a small amount of cash quickly. Approval is instant and funding takes up to 3 days. But if you upgrade to a paid membership for $11.99 a month, you can receive your money within 30 minutes. Nyble reports your payment history to the credit bureau monthly and approves you for large amounts as you build trust with the platform. You can also track your credit score, earn reward points for improving your score, and access other features such as credit monitoring and digital identity theft protection.
Green Loans makes it easy for Canadians to access fast, reliable cash when they need it most. Borrow up to $1,000 with no credit check, and get your funds deposited directly into your bank account—often within 24 hours. Whether you’re handling an unexpected expense or just need a bit of breathing room before payday, a short-term loan from Green Loans can help you stay on track. With a quick, straightforward approval process, getting the support you need has never been simpler.
GoPeer is a peer-to-peer lending platform that connects borrowers with individual investors who fund loans. Through GoPeer, you can get a personal loan for up to $35,000, with flexible repayment terms and competitive interest rates. Interest rates start at 8.99%, depending on your credit profile. GoPeer's unique peer-to-peer model allows consumers to benefit from a more personalized borrowing approach. The online application process is quick and easy, and funds can be deposited into your account in as little as 7 days.
