Fairstone Financial vs easyfinancial
A detailed side-by-side comparison of two popular Canadian lenders. See how they stack up on rates, loan amounts, eligibility, and overall experience.
Side-by-Side Comparison
| Feature | Fairstone Financial | easyfinancial |
|---|---|---|
| Loan Amounts | $500 – $60,000 | $500 – $150,000 |
| Interest Rates | 19.99% – 34.99% APR | 9.99% – 34.95% APR |
| Loan Terms | 6 – 120 months | 9 – 240 months |
| Credit Required | Fair to good credit preferred | All credit types accepted |
| Funding Speed | 1 – 3 business days | Same day to 2 business days |
| Headquarters | Montreal, Quebec | Mississauga, Ontario |
| Founded | 1923 | 2006 |
| Best For | Homeowners who want larger secured loans with longer terms | Borrowers with poor credit who need larger loan amounts |
Loan Amounts
Fairstone Financial
$500 – $60,000
easyfinancial
$500 – $150,000
Interest Rates
Fairstone Financial
19.99% – 34.99% APR
easyfinancial
9.99% – 34.95% APR
Loan Terms
Fairstone Financial
6 – 120 months
easyfinancial
9 – 240 months
Credit Required
Fairstone Financial
Fair to good credit preferred
easyfinancial
All credit types accepted
Funding Speed
Fairstone Financial
1 – 3 business days
easyfinancial
Same day to 2 business days
Headquarters
Fairstone Financial
Montreal, Quebec
easyfinancial
Mississauga, Ontario
Founded
Fairstone Financial
1923
easyfinancial
2006
Best For
Fairstone Financial
Homeowners who want larger secured loans with longer terms
easyfinancial
Borrowers with poor credit who need larger loan amounts
Pros & Cons
Fairstone Financial
Pros
- Over 100 years of lending experience in Canada
- Both unsecured and secured loan options
- Large loan amounts up to $60,000 for homeowners
- 200+ physical branch locations across Canada
Cons
- Minimum interest rate of 19.99% is higher than bank alternatives
- Secured loans require home equity as collateral
- Branch visit may be required to finalize some loans
easyfinancial
Pros
- Accepts all credit types including poor credit
- Very large loan amounts available (up to $150,000 secured)
- Over 400 locations across Canada for in-person service
- Reports to both Equifax and TransUnion for credit building
Cons
- Interest rates can be high for unsecured loans
- Secured loans require collateral (home equity or vehicle)
- Some products have origination or administrative fees
Which Lender Should You Choose?
Choose Fairstone Financial if you're looking for a lender that specializes in homeowners who want larger secured loans with longer terms. They offer loan amounts of $500 – $60,000 with funding as fast as 1 – 3 business days.
Choose easyfinancial if you're better described as borrowers with poor credit who need larger loan amounts. They offer $500 – $150,000 with all credit types accepted credit requirements.
Still unsure? Apply through 365 Loans to compare offers from both lenders and more — with no impact on your credit score.
Frequently Asked Questions
Is Fairstone Financial or easyfinancial better?
Fairstone Financial is best suited to homeowners who want larger secured loans with longer terms, while easyfinancial is best suited to borrowers with poor credit who need larger loan amounts. The better option depends on your credit profile and borrowing needs.
What are the interest rates for Fairstone Financial vs easyfinancial?
Fairstone Financial charges 19.99% – 34.99% APR, while easyfinancial charges 9.99% – 34.95% APR. Your actual rate will depend on your credit profile and the specific loan product you qualify for.
Which lender has faster funding — Fairstone Financial or easyfinancial?
Fairstone Financial offers funding in 1 – 3 business days, while easyfinancial provides funds in same day to 2 business days.
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Compare Loan OffersEditorial Note: Our content is reviewed by financial experts for accuracy. We may receive compensation from partner lenders, which does not influence our rankings or recommendations. Read our full disclosures