Phone:
+(905) 318-6953Email:
support@faircash.caLocation:
1165 Fennell Avenue East, Hamilton, ON L8T 1S3
Help Centre
Everything You Need to Know About Fair Cash Loans
Fair Cash Loans
Everything you need to know about our payday loan comparison platform, eligibility, fees, timelines, and your rights as a Canadian borrower.
Understand who we are and how our platform works
Fair Cash Loans is a Canadian loan comparison platform. We help Canadians explore short-term loan options from licensed third-party lenders. We are not a lender and do not approve or fund loans ourselves.
No. We are a comparison and referral platform. When you apply through our site, we match your application with licensed lenders in our network. The lender makes all decisions about approval, loan amount, fees, and funding.
No. Using our comparison platform is free for borrowers. We may earn a referral commission from lenders when you submit an application, but this never affects your loan terms or the fees charged by the lender.
Yes. We use encrypted connections to handle your personal data and do not sell your information to unauthorized third parties.
Phone: +(905) 318-6953 | Email: support@faircash.ca | Address: 1165 Fennell Avenue East, Hamilton, ON L8T 1S3
How to apply, who qualifies, and what to expect
Complete our secure online application form with your personal, income, and banking details. The form takes under 3 minutes and can be done from any device, 24/7.
Generally, you must be the age of majority in your province (18 in most; 19 in BC, NS, NB, and Yukon), be a Canadian resident in a regulated province, have a regular income, and hold an active Canadian bank account.
Requirements vary by lender. Many lenders accept employment income, self-employment, CPP, EI, ODSP, OW, pension, and other regular government benefit income.
Some lenders in our network may consider applications from individuals with poor or limited credit history. Approval always depends on the lender's income and affordability assessment, not credit score alone.
No. No lender in Canada can legally guarantee approval. Any platform or lender claiming to offer guaranteed approval should be approached with extreme caution.
Applying through Fair Cash Loans does not affect your credit score. Individual lenders set their own assessment practices. If a lender performs a hard credit inquiry, that may appear on your credit report.
Amounts, fees, APRs, and repayment information
Loan amounts typically range from $300 to $1,500. The exact amount depends on the lender's assessment of your income and repayment ability, and your province's regulations.
Fee caps vary by province. Always review the total repayment amount disclosed by the lender before accepting.
| Province | Max Fee per $100 Borrowed |
|---|---|
| Ontario | $15 |
| British Columbia | $15 |
| Alberta | $15 |
| Manitoba | $17 |
| Saskatchewan | $17 |
| Nova Scotia | $19 |
| Newfoundland | $14 |
Because payday loans are very short-term, their APR appears very high even when the dollar cost is modest. APRs on Fair Cash lender products range from 23.99% to 59.96%. Example: A $500 loan repaid over 9 months costs approximately $81.15/month, totaling $730.35.
Most payday loans are due on or near your next payday. Some lenders offer slightly longer repayment terms. The exact repayment date must be disclosed in your loan agreement before you sign.
Contact your lender immediately before the due date. Depending on your province, you may have rights to request an extended repayment plan. Never ignore a repayment date — late fees can add up.
How and when you receive your funds
Some lenders offer same-day or next-business-day funding via e-Transfer or direct deposit. Exact timing is never guaranteed and depends on the individual lender and your bank's processing schedule.
Yes. The Fair Cash Loans platform is available 24/7. Some lenders process applications outside business hours, though banking transfer times may still apply.
Most lenders send funds via Interac e-Transfer directly to your bank account. Some may use direct deposit. The method and timing are determined by the lender.
Your protections and how to report issues
Rights vary by province. In Ontario, you have the right to a written loan agreement, clear fee disclosure, no automatic rollovers, and an extended repayment plan after two consecutive loans. Other provinces have similar protections.
Contact your provincial consumer protection authority:
Stop engaging with the lender and report them to your provincial regulator immediately. Do not make payments on any loan you believe was issued illegally without seeking consumer protection advice first.
In Alberta, you can cancel by end of the next business day after signing. Ontario and other provinces have varying cooling-off rights. Check your province's regulations or contact your provincial consumer protection office.
Our team is here to help you navigate your options.
