-
Phone:
+(905) 318-6953 -
Email:
support@faircash.ca -
Location:
1165 Fennell Avenue, East Hamilton, ON L8T1S3
How it works
The process may be completed in its entirety online. Applicants submit a request, may be connected with a prospective lender, are advised to review any offer with care, and receive approved funds electronically.
Why Choose FairCash
Being declined for credit can be a source of considerable frustration, particularly where the underlying expense cannot readily be deferred. Certain alternative lenders may take into consideration circumstances that a traditional financial institution might not.
Requests may be submitted online via mobile device, tablet or computer at any hour, seven days a week, including weekends.
A history of credit difficulties does not necessarily preclude an applicant from submitting a request. Approval, however, remains at the discretion of the lender and is not guaranteed.
Where an application is approved and the agreement accepted, Interac e‑Transfer may be offered as a method of disbursing funds.
Applicants are advised to review the loan amount, cost of borrowing, APR and repayment date prior to acceptance. There is no obligation to accept any offer received.
Where we operate
Regardless of location, the FairCash lending panel may connect applicants with partners licensed to operate within their respective province.
Who is eligible
Eligibility is determined individually by each participating lender. Factors generally considered include satisfaction of the applicable age-of-majority requirement, Canadian residency, maintenance of an active bank account, provision of valid contact information, and a regular source of income sufficient to support repayment. While certain participating lenders may consider factors beyond a traditional credit score, satisfaction of these general requirements does not constitute a guarantee of approval.
Cost transparency
Payday loans constitute a form of high-cost credit, and the applicable regulations vary by province. For illustration, where the maximum permissible cost of borrowing is $14 per $100 borrowed, a loan of $500 would incur a cost of $70, resulting in a total repayment obligation of $570.
Should such a repayment obligation render an applicant unable to meet essential expenses such as rent, food, transportation or utilities, alternative options may be more appropriate. The figures presented herein are illustrative only and do not constitute a FairCash loan offer; applicants are advised to confirm current provincial regulations and review the lender's actual agreement.
| Amount Borrowed | Example Cost | Total Repayment |
|---|---|---|
| $100 | $14 | $114 |
| $300 | $42 | $342 |
| $500 | $70 | $570 |
| $750 | $105 | $855 |
| $1,000 | $140 | $1,140 |
Speed
Availability of the application on a continuous basis does not constitute a guarantee of continuous approval or immediate e-Transfer funding. The stages of the application, assessment and funding process are outlined below.
| Processing lifecycle phase | Automated action undertaken | Expected time expenditure |
|---|---|---|
| 1. Online request | Complete the FairCash form | Usually a few minutes |
| 2. Matching | FairCash may connect your request with participating lenders panel | Timing varies |
| 3. Lender review | A lender reviews eligibility, affordability and any required verification | Determined by lender |
| 4. Funding | If approved and an offer is accepted, the lender may send funds by e-Transfer or another available method | Varies by lender and financial institution |
FairCash does not control the timing of approval or funding decisions. Same-day funding may be available through certain lenders; however, it cannot be guaranteed.
Flexibility
Impaired credit represents one of the principal reasons Canadians search for no refusal payday loans. Certain alternative lenders may be prepared to consider factors beyond an applicant's credit score, including current income, recent banking activity, and capacity to repay.
Certain lenders may also give consideration to recurring government benefits or pension income as part of an application, including the following:
Understanding the term
"No refusal" is a widely used search term; however, it should not be interpreted as unconditional approval. A responsible lender is required to assess each application, and may decline a request where identity cannot be verified, income requirements are not satisfied, repayment appears unaffordable, or requisite information is incomplete.
Applicants are advised to exercise caution with respect to any provider that promises guaranteed approval prior to reviewing the applicant's information. FairCash instead provides a means of exploring participating lenders who may consider factors beyond an applicant's credit score, offering a flexible avenue for those seeking alternative cash solutions.
Frequently asked questions
Credit assessment methodologies vary by lender. Certain alternative lenders may place greater emphasis on current income, banking activity and affordability than on a traditional credit score, although a lender may still utilize a credit bureau or other verification service in assessing an application. An impaired credit history does not automatically preclude eligibility to apply; however, approval is never guaranteed.
The timing of fund disbursement is contingent upon the lender, applicable verification requirements, and the recipient's financial institution. Certain approved borrowers may receive an Interac e-Transfer on the same day, whereas others may experience a longer wait. FairCash neither controls nor guarantees funding times.
Certain lenders may consider government benefits such as EI, CCB, CPP and ODSP as a component of an applicant's income. Accepted income categories and minimum-income thresholds vary by lender, and the receipt of government benefits does not, in itself, guarantee approval.
Within Canada, standard short-term payday products generally permit applicants to borrow up to a maximum of $1,500 per transaction, subject to applicable provincial regulations and verified income levels. For applicants with larger financial requirements, our matching service may also identify long-term personal loan options accommodating impaired credit, with correspondingly higher limits.
Utilizing FairCash.ca to compare loan options does not, in itself, impair an applicant's credit rating. Our matching engine relies on soft credit check protocols in surveying our network of licensed Canadian lenders.
Unlike hard credit inquiries conducted by traditional financial institutions, which may reduce a credit score by several points, this initial assessment does not leave a record on an applicant's Equifax or TransUnion file. A lender may nonetheless conduct its own credit check as part of its underwriting process.
FairCash.ca operates as an independent loan matching and financial comparison platform and is not a direct lender. Rather than completing multiple applications across separate websites, applicants may complete a single, secure form on our platform.
Our system evaluates the information provided and identifies participating, licensed Canadian financial providers whose criteria are most likely to align with the applicant's profile, thereby reducing the time required to explore available options.
Applications may be submitted through FairCash's online form at any hour, including weekends. Lender review, verification and funding schedules will nonetheless vary; certain lenders may process applications outside standard business hours, while others may not. Submission of an application on a weekend does not guarantee that funds will be disbursed on that same day.
Applicants who have been declined elsewhere, or who present a less-than-ideal credit profile, are welcome to explore whether a participating lender may have a suitable option available. Applications may be submitted through FairCash at any hour; any offer received should be reviewed carefully prior to acceptance. "No refusal" does not signify guaranteed approval, and continuous application availability does not signify guaranteed continuous funding.
