Fairstone Financial Inc. Reviews 1,703

TrustScore 4 out of 5

3.8

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Review summary

Based on reviews, created with AI

Reviewers had a great experience with this company. Customers consistently praise the staff for their exceptional helpfulness, professionalism, and positive attitude, making interactions pleasant and productive. Many people highlight the efficiency and ease of the service, particularly appreciating the quick processing of loans and the clear communication throughout the process. However, some customers were not happy with the high interest rates, describing them as excessive and making it difficult to reduce the principal balance. A few other people also felt that the customer service could be inconsistent, with some experiencing unhelpful or rigid responses, and issues with payment processing or understanding loan terms.

What people talk about most

Staff

Customers consistently note positive experiences with staff, highlighting their helpfulness, professionalism,... See more

Service

Customers had positive experiences with service. Many reviewers found the service helpful, efficient, and... See more

Payment

Consumers find payment experiences to be ambiguous. While some report quick fund deposits and appreciate the... See more

Customer service

Clients share ambiguous opinions on customer service. Many customers praise specific representatives for... See more

Price

Reviewers express significant dissatisfaction with the pricing, primarily due to high interest rates, which... See more

Based on these reviews

Rated 4 out of 5 stars

Scott was amazing he was very helpful and was a real benefit to the company. He tried to get me as much as possible and it was enough for what I needed. I really appreciate the amount of determinatio... See more

Rated 4 out of 5 stars

I took a $5,000 personal loan from Fairstone to cover urgent expenses. The application was fast and staff were friendly, with funds in my account quickly—great for emergencies

Company replied

Rated 5 out of 5 stars

I felt a sense of peace seeing how thorough the process was to ensure that my transaction was transparent and secure. I appreciated the ID & Financialsverification required and that I had options.ho... See more

Rated 5 out of 5 stars

To be absolutely fair. The process was incredibly easy and fast but it wasn't cheap. 34.99 % interest is enough to deter anyone. Unless you really need this service be sure what your getting into. Oth... See more

Company replied


Company details

  1. Financial Institution
  2. Alternative Financial Service
  3. Car Finance and Loan Company
  4. Mortgage Lender

Written by the company

Fairstone Financial Inc. is a wholly owned subsidiary of Fairstone Bank of Canada. Together, the companies form a leading Canadian consumer lending group, offering credit cards and rewards programs, point-of-sale financing through merchant partners, automobile financing via dealerships, and unsecured and secured personal loans and mortgages online and at over 240 Fairstone branches coast to coast. -- La Financière Fairstone inc. est une filiale en propriété exclusive de la Banque Fairstone du Canada. Ensemble, les sociétés forment un important groupe canadien de prêts à la consommaton, offrant des cartes de crédit et des programmes de récompenses, du financement aux points de vente par l’intermédiaire de commerçants partenaires, du financement automobile par l’entremise de concessionnaires, ainsi que des prêts personnels et des hypothèques garantis et non garantis, tant en ligne que dans plus de 240 succursales Financière Fairstone partout au pays.


Contact info

3.8

Great

TrustScore 4 out of 5

2K reviews

5-star
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Replied to 83% of negative reviews

Typically replies within 1 week

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Rated 5 out of 5 stars

Erica was great to deal with very…

Erica was great to deal with very helpful. Very quickly approved with no run around . My credit is fair and they helped me get a consolidation loan that got me 1 small managable payment bi-weekly instead 6 payments I couldnt keep with . Very happy they could help me out

16 April 2026
Unprompted review
Rated 1 out of 5 stars

I DO NOT recomend

Fairstone is basically a preditory lender, they will pretty much finance anyone but the interest rates are littlerally less than one percent from being illegal lol
You'll basically pay at or double your loan amount. Customer service is okay but I've been a payer for a few years , never missed a payment ever and recently was offered a 60k loan at 24.99% interest, basically over 1300 a month for 10 years ....needless to say I didn't jump on that offer of borrowing 60k to pay back over 150k!
I just paid my loans off but I would highly discourage ANYONE from using them, you'll start with a small loan then they keep offering to up the loan "to consolidate" until your so swamped in debt you end up taking the 60k loan with a lean on your house at 1300 a month and have to pay back over 156k.
Shouldn't be legal but they skirt under that threshold by .% 0.01
I would honestly say no matter how bad you need a couple thousand dollars don't do it, sell some stuff, start a side hustle have a yard sale or simply go with out. I 100% guarantee you'll regret it when you see how slow the principal comes down.

15 April 2026
Unprompted review
Rated 5 out of 5 stars

Larry and staff

Larry and staff, made it easy and painless to go from application to funds. Explained me to best way to make sure that I can maximize the funds I received to best help me and my situation.

13 April 2026
Unprompted review
Rated 1 out of 5 stars

Run far and fast from fairstone.

They created more problems than they solved with their mishandling of my loan that resulted in my loan doubling even though I didn’t get the money they claimed to have lent me. The employee I dealt with was very predatory and has since been terminated.
They would never answer questions either.
If you need a loan run far and fast away from Fairstone.
If I could have given no stars I would have.

28 March 2026
Unprompted review
Rated 1 out of 5 stars

TERRIBLE SERVICE…I'M A DISSAPOINTED CLIENT

TERRIBLE SERVICE… I DONT RECOMMEND FAIRSTONE. LOOK FOR ANOTHER OPTION if you want considerate and humane service.

Especially Nimisha, they are never on your side; they seem to work against you whenever it suits them. And try to make you feel is all your fault. Their ATTITUDE IS REALLY HARSH. When you try to understand something and ask for an explanation, their attitude is cold and makes you feel as if you’re ignorant. They prioritize processes over the client’s well-being. Expect plenty of calls offering loans, but none when you actually need help with something you’re not an expert in. There’s zero human-centered approach.

Because their system is so outdated, they don’t notify you of details that can negatively affect you as a customer. Even if you go in person, they’re not supportive enough to give you the full picture. THEY ARE NOT FLEXIBLE OR CONSIDERATED. Look for another provider who actually cares about client experience or at least be more KIND.

8 April 2026
Unprompted review

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