We make applying for a loan quick, simple and secure

It can be difficult to know where to turn when you need to borrow money. Our knowledgeable Lending Specialists are dedicated to helping you find the loan that suits your needs, budget and lifestyle.

We’ll make sure to review every aspect of your loan documents with you in detail, so you leave your branch understanding your loan and feeling confident and secure in your decision.

With Fairstone loans, you’ll get…

No-obligation quote

Getting a loan quote is quick, simple and secure — it only takes a few minutes and won’t affect your credit score.


Our Lending Specialists will work with you one-on-one to find the loan that suits you. Together you’ll discuss your loan payments, term, rate and loan insurance options.

14-day guarantee

You can change your mind and cancel your unsecured personal loan within 14 days. No charges and no questions asked.

No hidden fees

You won’t pay a prepayment penalty or any administration fees on unsecured personal loans.

Here's how it works

  1. Get a quick loan quote

    Find out how much money you could qualify for and what your payments might be when you get an instant loan quote from Fairstone.

  2. Receive an instant response

    Once you receive your no-obligation loan estimate, you’ll receive a call from a Fairstone Lending Specialist to discuss your personalized offer.

  3. Visit your branch to set up your installment loan

    Bring the required documents and work with your Lending Specialist to finalize your personalized loan solution.

  4. Get your money quickly

    Visit your branch and you could have your money the same day as you complete your loan application.


Flexible payment options put you in control

We make it easy to stay on top of your loan by providing multiple payment options.
Choose the method that works best for you.

Fairstone Online Payments

Online payments

Pay online with online account management. Online account management is secured and easy to use.


Fairstone AutoPay Icon


Set up automated payments directly from your bank account and never miss a payment with AutoPay.


Fairstone Branch Icon

Pay in-branch or by mail

Stop by your local branch to pay with cash, cheque, money order or debit, or mail a cheque or money order to your branch 3-5 days before the payment is due.


Pay through your bank

Set up "Fairstone" as a payee and make payments online, over the phone or in-person at your bank. You’ll need your 7-digit loan account number.

talk to a lending specialist

Who qualifies to borrow money from Fairstone?

You could qualify for a Fairstone personal loan if you:

  • Are a resident of Canada (excluding Nunavut)
  • Have an established credit history
  • Have reached the age of majority in your province
  • Are able to make monthly payments towards your loan
  • Have been discharged from bankruptcy for 7+ years (if applicable)
  • Intend to use the loan for personal purposes

How do installment loans work?

Installment loans are typically paid back at a fixed interest rate and fixed term. That means for the duration of the loan, your interest rate will not increase. And, as long as payments are made on time, the loan will be paid off at the end of the term. On the other hand, a line of credit typically has a variable interest rate, and there is no term – the loan is always open until you close the line of credit.

How do installment loans affect credit?

Similar to other types of loans, making regular, on-time payments on your installment loan will reflect positively on your credit, whereas late or missed payments will negatively affect your credit. Lenders like to see that you can proactively manage different types of credit, so having a mix of credit cards and installment loans (like a personal loan or car loan) can actually be a positive thing for your credit.

To qualify for a secured personal loan or a mortgage loan you must also be the owner of the property securing the loan and the property must be your primary home. Once you apply for a loan, your Lending Specialist will review your credit application and work with you to find the loan that’s right for your needs and budget.

In Ontario, Fairstone Financial Inc. is licenced as mortgage brokerage 10821.

Refer a friend and get $100

Earn rewards simply by spreading the word about Fairstone. For each friend or family member you refer who takes out an unsecured personal loan, you’ll earn $100.* Just call or visit your local branch to get your unique referral number and start sharing it with interested friends and family. Talk to your Lending Specialist to learn more. 

* Not available to residents of Quebec. You may qualify to earn a referral reward (“Reward”) if the person you refer (“Referee”) obtains an unsecured personal loan from Fairstone. Referee must provide the referral number to Fairstone prior to loan closing. To be eligible, Referee cannot have an existing loan at the time the Referee closes their loan. Reward is a cheque that will be mailed 6-8 weeks after Referee’s loan closing. Reward will not be paid for loans that are paid in full within 30 days of origination, cancelled, or in which you are the primary borrower. Limit five Rewards per customer per calendar year. In order to protect customer privacy, Fairstone cannot provide any information about the status of Referee’s loan application. Fairstone reserves the right to discontinue the program at any time for any reason. You are responsible for payment of any income or other taxes due as a result of the Reward having been paid to you.