Personal loans that fit your life

What is a personal loan?

A personal loan is an installment loan - a loan that can be repaid over a set period of time, or term, through regular, affordable payments. A personal loan can help with unexpected expenses like a gap in your budget, or planned expenses like a home renovation or vacation.

Fairstone offers small, medium and secured loans up to $35,000. Our Lending Specialists will work with you to find a quick personal loan that suits your needs, based on your lifestyle and budget.

Are you wondering what the difference is between our loan products? Read our blog post about secured vs. unsecured loans or contact your local branch to find out which one is right for you.

Have you been financially impacted for COVID-19? Learn more about Fairstone’s financial relief options.

A fast personal loan for when you need money now

Do you find yourself thinking “I need money now”, but aren’t sure where to turn? If you need money and the bank isn’t an option, Fairstone’s quick and easy same day loans may be right for you. Borrow up to $35,000 and get the money you need from a responsible Canadian lender.

With Fairstone, you’ll get a simple application process and quick access to money - you could qualify for a personal loan in less than one day. Every day, across the country, we help Canadians cover the cost of unexpected expenses and credit card debt. From emergency loans and car repair loans to wedding loans, vacation loans and loans for life events, we’re here when you need us with fast loans that fit your needs and budget.

How much money can I borrow?

Why Canadians choose Fairstone personal loans

  1. You can get a quick, no-obligation loan quote by answering a few simple questions.
  2. You’ll receive one-on-one service from a knowledgeable Lending Specialist.
  3. Choose from our flexible, affordable payment options and benefit from fixed rates.
  4. You can change your mind and cancel an unsecured personal loan within 14 days.

How much money do you qualify for?


Unsecured personal loans up to $20,000

Cover the cost of unexpected expenses with an unsecured personal loan from Fairstone.

Loan amount
Interest rate
6–60 month
Prepayment penalties
Time to process
< 1 day
14 days

Secured personal loans up to $35,000

Apply for a home equity loan and borrow more money at a lower rate.

Loan amount
Interest rate
36–120 months
Vary by province
Prepayment penalties
Time to process
2+ days
2+ days


Emergency personal loans

Apply for a same day loan when you need money now. An emergency loan can help you cover auto repairs, medical bills and other emergency expenses. 


Secured loans

A secured loan is a great option for homeowners, helping them access more money and lower payments. Consolidate debt, cover unexpected expenses, pay for home repairs and more.


Home improvement loans

Home renovations can be made simple with a home improvement loan. Borrow money to help you get started as you increase the value of your home. 


Vacation & travel loans

Budgeting for your vacation can be easier than you think. A travel loan can help make your vacation goals a reality. 

Own your home? Borrow more at a lower rate.

You've worked hard for your home, now put it to work for you. Secure your loan with the equity in your home and borrow up to $35,000 with affordable payments and rates as low as 19.99%.1


Protect yourself from the unexpected

These valuable benefits can give you peace of mind should the unforeseen occur. Visit our insurance page to get an in-depth explanation about the different creditor insurance products we offer.

Job Loss Insurance 

Have your loan payments covered if you're involuntarily unemployed.

Disability Insurance

If you experience disability and can't work, your loan payments could be taken care of.*

Life Insurance

Protect your family or estate in the future and have your loan paid off in the event of your death.*

Home and Auto Security Plan

Offering home and family benefits, roadside assistance, legal services and more. LEARN MORE

Keep reading to get answers on your most frequently asked questions about personal loans.


How can I access lower personal loan interest rates?

First, let’s take a look at what affects the interest rate on your loan:

  1. Personal factors like your credit score and the type of loan you choose
  2. Economic factors like inflation and Canada’s prime lending rate

You can’t control economic conditions, but you can control the personal factors that a lender considers when determining the interest rate on your loan.

Here are our top three tips that can help lower the interest rate on your next personal loan:

  • Use less than 25% of your credit card balance – staying under this threshold can help improve your credit score
  • Limit credit inquiries – by doing so, this will reflect positively on your credit score
  • Choose a secured loan if you’re a homeowner

Watch this video to learn more.

How do I apply for a loan?

Apply for a Fairstone loan in 5 simple steps:

  1. Get an online loan quote: Choose how much money you’re looking to borrow, and enter a few simple details so we can recommend the right loan product for you. You’ll find out how much money you could borrow and what your payments might be. No obligation, no impact to your credit score.
  2. Speak with a Lending Specialist: After you receive your quote, a Lending Specialist will be in touch over the phone to discuss your borrowing options and to help answer any questions you may have.
  3. Choose your loan type: Your Lending Specialist will help you decide whether a secured loan or unsecured loan is best suited for you.
  4. Finalize the application in branch: Collect the documents required for your loan, and visit one of our 235+ branches to finalize the application.
  5. Receive your money quickly: Once your application is complete, you could have your money the same day you apply.

Ready to apply for a loan? Get your loan quote in minutes, and find out how much money you could qualify for.

Where do I go to get a personal loan in Canada?

There are several types of lenders available to Canadians. The lender you choose will depend on your situation. Fairstone focuses on helping Canadians in the fair to good credit score range. Often, people may come to us as an alternative solution if they don’t meet the lending criteria at their bank.

Since we’re only focused on lending money, we’re able to service customers quickly – most of our customers receive their money the same day they apply. Our quick and personalized service make us a convenient option for anyone facing an urgent or unexpected expense.

We offer loans in over 235+ branches across Canada, and online loans in select locations.

Watch this video to learn more about where Fairstone sits on the lending spectrum.

How to get money fast?

Fairstone can help you get money quickly to cover an urgent or unexpected expense like a car repair or home repair with a personal loan up to $35,000. Get started with an online loan quote to find out how much money you could qualify for, and what your payments might be (the entire process only takes a few minutes). If you’re happy with your loan quote, visit your local branch to finalize the application – you could have your money the same day you apply.

Before you get started, familiarize yourself with the documents you need to bring to your branch so you can get your money as fast as possible. Once the loan is approved, we can direct deposit the money into your bank account.

1Interest rates may vary by province.

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


*Coverage varies and is subject to the terms and conditions of the insurance policy and applicable law.

Insurance solutions provided by American Health and Life Insurance Company or Triton Insurance Company. Home & Auto Security plans are administered by Home and Auto Security Plan, Inc.