Quick personal loans in Scarborough

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    Fairstone provides quick and responsible loan solutions to the community of Scarborough with two branches to choose from. Whether you need to consolidate debt, cover unexpected expenses or something else, we’re ready and available to support your borrowing needs.

    Scarborough Branches

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    About Fairstone

    How to get a personal loan in Scarborough

    Apply for a loan in three simple steps:
    • step 1

      Get an online quote

      Answer a few simple questions and receive your loan quote in minutes. There is no obligation and no impact to your credit score.

    • step 2

      Connect with a Lending Specialist

      A Lending Specialist will contact you to customize your loan.

    • step 3

      Complete the loan application

      You can submit the required documents online or in person at one of our Scarborough branches, depending on the type of loan you choose.

    Once your application is finalized you could have your money in as little as 24 hours.

    Types of loans in Scarborough

    Here are the personal loans available at your local branch:

      Unsecured personal loan

    • Loan amounts: Borrow $500-$25,000 as soon as the day you apply
    • Loan term: 6-60 months
    • Homeownership required: No homeownership required
    • Prepayment penalty: No pre-payment penalties so you can pay off the loan when it’s convenient for you

      Secured personal loan

    • Loan amounts: Borrow $5,000-$50,000
    • Loan term: 36-120 months
    • Homeownership required: Yes
    • Access a lower interest rate, lower payments and more money than with an unsecured personal loan

    What do I need to qualify for a personal loan?

    To finalize your loan application, you’ll need to provide verification documents:

    • Valid personal identification – either one piece of primary identification like a driver’s licence or passport, or two pieces of secondary identification like a Canadian birth certificate or current bank statement with your full name and address
    • Employment or income verification like a current T4 or pay stub
    • Housing information like a mortgage statement or lease agreement

    Learn more about the verification documents required for your loan.

    About Fairstone

    Why choose one of our Scarborough branches for your loan?

    Not only do we have two convenient branches located in Scarborough, you can also complete your loan application online. Additionally, we’ve been providing Canadians with responsible loans for almost 100 years.

    About Fairstone

    The Scarborough community

    Scarborough is an administrative district within Toronto, aptly named for the large cliffs that overlook Toronto, the Scarborough Bluffs. Scarborough contains a vibrant and dynamic multicultural population and boasts a wide range of diverse dining opportunities.

    It’s home to numerous parks, hiking trails and beaches as well as the famous Toronto Zoo featuring global animal pavilions, a wildlife health center and opportunities to get up close and personal with animals.

    Scarborough is also known for its diversity in boutiques and restaurants, boasting Caribbean, African, Chinese and Indian options. Scarborough beckons retirees with its retirement communities as well as students with its higher learning institutions, such as the University of Toronto Scarborough – one of three campuses for U of T.