Who can apply?
✔️ Have reached the age of majority where you live (18 or 19, depending on the province or territory)
✔️ Be a Canadian resident with a verifiable address
✔️ Have a steady source of income: employment, self-employment, pension or benefits
✔️ Have a credit profile in the fair to good range; Fairstone reviews your history, income and overall finances
What are the rates and terms?
✔️ Amounts: $500 to $25,000
✔️ Terms: 6 to 60 months, fixed payments
✔️ Annual percentage rate: 29.99% to 34.99%, varying by province and individual file
✔️ Representative example published by Fairstone: $10,000 over 60 months at 34.99% APR = $354.84 a month, principal and interest
✔️ No application fee; no penalty for paying early; NSF charge of $45 on returned payments
These figures are from Fairstone’s official page in September 2026. The loan agreement states the APR, the payment schedule and the total cost of borrowing before you sign.
What documents do you need?
✔️ Government-issued photo ID
✔️ Proof of income: recent pay stubs, a benefit statement or, if self-employed, tax documents
✔️ Proof of address (a utility bill or lease) if it differs from your ID
✔️ Bank account details for the deposit and the automatic payments
A piece of advice for you!
Start with the online quote and take the numbers seriously. If the payment on a 36-month term does not fit your monthly budget, the loan is too large; borrow less rather than stretching to 60 months.
Compare with alternatives before signing: a secured loan if you own a home, a credit union loan if you belong to one, or a lower-limit card at 20% if the amount is small. A 30% loan only wins against products that cost more, such as payday loans.
Once the loan is running, pay from an account with a buffer. A single NSF costs $45 and a late payment shows on your credit file.
How to apply for a Fairstone unsecured loan
Request the quote on Fairstone’s site, then complete the application online or at the nearest branch. A lending specialist reviews your file, confirms the amount, rate and term and sends the agreement for electronic signature. Funds are deposited to your bank account, in many cases the same day.
Press the button to open the official Fairstone page and get your quote.
Kredua is not a bank, a lender or a financial institution and does not issue credit. We describe products offered in Canada so you can decide with better information; any application is made directly with the institution, which alone assesses and approves it.
