Fairstone Financial Review 2026
Homeowners who want larger secured loans with longer terms
Loan Amounts
$500 – $60,000
Interest Rates
19.99% – 34.99% APR
Loan Terms
6 – 120 months
Credit Required
Fair to good credit preferred
Funding Speed
1 – 3 business days
Headquarters
Montreal, Quebec
What is Fairstone Financial?
Fairstone Financial is one of Canada's oldest and largest non-bank personal loan providers, with roots dating back over 100 years.
They offer both unsecured personal loans (up to $25,000) and secured home equity loans (up to $60,000 for homeowners), making them a versatile option.
With over 200 branches across Canada and an online application process, Fairstone combines in-person service with digital convenience.
Pros & Cons
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
- Available in all provinces including Quebec
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
- Origination fees may apply on some products
Estimate Your Fairstone Financial Payments
See what your monthly payments could look like with Fairstone Financial's rate range of 19.99% – 34.99% APR.
Try the Loan CalculatorWho Can Apply for Fairstone Financial?
- Must be a Canadian resident aged 18+ (19+ in some provinces)
- Must have a stable source of income
- Must have a Canadian bank account for direct deposit
- Homeowners may qualify for secured loans with better rates
How to Apply for a Fairstone Financial Loan
Apply online at fairstone.ca or visit a local branch
Provide ID, proof of income, and banking information
Receive a conditional approval decision
Review and sign your loan agreement
Receive funds by direct deposit or in-branch
Fairstone Financial FAQs
Compare Fairstone Financial With Others
Compare Fairstone Financial With Other Lenders
Apply once through 365 Loans and compare offers from multiple lenders — including Fairstone Financial.
Compare Loan OptionsEditorial 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