Vancity Fair and Fast Loan™
Borrow $100 to $2,500 with no credit check at a fixed 19% rate. Easy online application, fast funding and no early repayment penalties. Flexible payback options.
The Vancity Fair and Fast Loan™ steps in as an impressive option for anyone who needs cash in hand quickly, but may not have strong credit. With borrowing amounts ranging from $100 to $2,500 and a 19% fixed interest rate, this loan is ideal for those who want to avoid payday lending traps. You can repay the loan over one or two years, and application approval is based on your income instead of a credit check.
One appealing feature is the loan’s flexibility, as you can decide your preferred payment frequency and term. The simple digital application lets you access funds in under ten minutes. From 2026, members will be able to have up to two active Fair and Fast Loans at the same time, so you aren’t completely restricted if you have an existing balance.
How to Apply for Vancity Fair and Fast Loan™
Applying is streamlined and digital. Log in to your Vancity account online and start the process. Complete the short application form and receive approval based on income verification, not your credit score. Once approved, your funds are transferred directly to your account, often within minutes.
Key Pros of Vancity Fair and Fast Loan™
The standout advantage is approval with no credit check—rare for personal loans in Canada. Borrowers are eligible almost exclusively on the strength of their income. Additionally, borrowers can make extra payments at any time without early repayment penalties, which means more control and less stress on overall costs.
Key Cons to Consider
While the 19% interest rate is notably less than payday lenders, it’s still higher compared to other prime personal loans for those with excellent credit. Also, there’s a cap of $2,500 per loan, so bigger financial needs can’t be met through this product alone.
O veredicto
For Canadians looking for a fair, quick and accessible alternative to payday loans—with a transparent cost structure and flexible repayment—the Vancity Fair and Fast Loan™ is definitely worth considering. It effectively bridges the gap between urgent need and financial responsibility.
