Time in business:
Customers:
Loans offered:
Fairstone is a leading provider of responsible lending solutions, with a nearly 100-year legacy in Canada. As an operating subsidiary of Fairstone Bank of Canada, Fairstone offers unsecured personal loans and secured personal loans to near-prime customers online and in 250 branches coast to coast.
Products Offered
AMOUNT
$500 - $50,000
INTEREST RATE
19.99% - 39.99%
TERMS
6 - 120 Months
Personal Loan
Conditions & Rates
Interest rate19.99% – 39.99% Amount $500 – $50,000 Term 6 – 120 Months
Eligibility & Documents
Who is eligible
- In accordance with provincial requirements.
What you need to provide
- Personal identification
Proof of income
Housing information
Repayment & Issuance
How fast can you get the money Under 48 hours Funding method Direct deposit How does repayment work Bi-weekly, semi-monthly or monthly payments.
Contact information
630 René-Lévesque West suite 1400 Montréal, QC H3B 4Z9
Availability:
All of Canada except NunavutSupport Offered:
- Visit a Branch
- Call Centre
- Web Chat
Call Center:
Visit any of the 250+ branches coast to coast 8am - 5pm (EST) Monday - FridayFrequently Asked Questions About Fairstone
What is Fairstone?
What Products and Services Does Fairstone Offer?
Fairstone offers installment loans, debt consolidation, home equity loans and secured loans that are asset based. They also partner with leading retailers and auto dealerships across the country to offer customers financing options.
What Is the Interest Rate on a Fairstone Loan?
You can expect to pay anywhere from 19.99% to 39.99% interest on a Fairstone loan. Unsecured loans start at 26.99% the interest rate for a secured loan starts at 19.99%.
How to Qualify for a Fairstone Loan?
You are eligible for a loan through Fairstone if you are at least 18 years old, can prove an income of minimum $1,200 and are a Canadian resident. All these requirements apply, plus you are required to own a home if you seek their home equity loan.
How Fast Can I Get a Loan from Fairstone?
If approved, you can receive funds via direct deposit within 24 hours.
How Does Loan Repayment Work at Fairstone?
Similar to how you receive loan proceeds through direct deposit, you can also set up automatic pre-authorized payments bi-weekly, semi-monthly or monthly.
What Kind of Customer Support Does Fairstone Offer?
You can get a hold of Fairstone customer support through various means, including their email, call centre and web chat.
Is Fairstone Safe?
Fairstone provides responsible borrowing solutions at over 250 branches coast to coast. Fairstone also partners with businesses across Canada to offer consumer financing. They have over one million customers and are one of the leading alternative Canadian lender of personal loans.
How Much Can I Borrow from Fairstone?
Fairstone loans range from $500 and $50,000. Unsecured personal loans are from $500 and $20,000. Secured personal loans from $5,000 and $50,000.
What Is the Term Length for a Fairstone Loan?
Terms on Fairstone loans are between 6 and 120 months.
Can I Apply Online for a Fairstone Loan?
Yes, you can apply anytime online using their online application form that's available for you to fill out 24/7.
How Will Fairstone Send Me the Loan?
The most common way to distribute loan funds is through direct deposit into your bank.
Which Provinces Is Fairstone Available in?
Fairstone operates in all of Canada except for Nunavut.
What are Fairstone Working Hours?
You can apply for a loan online anytime using Fairstone's online application. However, if you'd like to speak to someone, their call centre operates weekdays from Monday to Friday between 8am - 5pm (EST). Visit one of their 250 branches. Additionally, they have an email, live chat system on their website and can be contacted through their Facebook chat.
Explore more
Fairstone Reviews
Avg. Rating: 4.5 (25 reviews)
Excellent
April 11, 2018
“A personal loan is convenient — it just works for me. Whenever I come in to the branch or I’m on the phone, it’s always a positive experience. Good people, good surroundings, positive atmosphere. I would recommend this place to anybody. ”
Very Good
December 20, 2018
“Great to know they help when the Banks turn their backs on you!”
Excellent Customer Servic...
December 20, 2018
“Customer service is absolutely top notch.”
Highly Recommended
December 20, 2018
“Great place! Was easy and fast to get funding too with a "fair" credit rating. Jasmin was the agent that assisted me, she was very friendly and explained everything thoroughly. Her manager was also extremely friendly. It is a very welcoming environment. I would def...”
Thank you Fairstone
December 20, 2018
“Ran into a bit of financial trouble and with fairstone we are on our way to a better credit score, and have since cleared up some major debt that was weighing us down. I found the experience i had with fairstone to be plesant and not painful at all. As long as you ...”
Great Experience
December 20, 2018
“Great experience with these folks. They are very professional, and know the educated way to solve any financial issues you may have. Not to mention very friendly and unjudgemental. I would recommend them to anyone. Thanks”
Very Happy
December 20, 2018
“Awesome, they helped me consolidate all my debts and they are friendly and easy to talk to I would definitely recommend them to all my friends and anyone who needs help with debt”
Friendly staff
September 12, 2019
“Hello, this was my first time trying Fairstone. I was very happy with my experience, I don't do much of my financial stuff online but needed some quick cash and decided to try them. I have good credit so I was able to get approved and funded quickly.”
Fast approval
September 12, 2019
“I got approved and funded within 48 hours which was great. The interest rate is a bit high but I was fine to pay a premium for the quick turn around. Would recommend to those that can handle paying more interest for quick money. ”
Client
September 12, 2019
“Prince and Justine from the Longfellow Branch are totally awesome”
Loan
February 22, 2020
“Called and talk to Sandra Murphy in the saint john branch and she was so helpful she answered all my questions and had things underway in no time. Sandra made browwing this loan easy for your needs. Times and her friendly ways made us feel comfortable. Thank you ...”
Excellent Service
March 23, 2020
“I met with Terrina O'Donnell at the Fairstone location in west side Saint John New Brunswick. She was very pleasant to talk to. She made it feel like a friend helping a friend rather than it being "just business". ”
