How to qualify
What is the maximum loan amount that I can apply for with the Fair & Fast Online loan?
What types of income are eligible to qualify for the Fair & Fast Online loan?
What if I don’t deposit my income into a Vancity account? Can I still apply for a Fair & Fast loan online?
If I have a joint account can I apply for a Fair & Fast Online loan?
If I’m on disability can I qualify for a Fair & Fast Online loan?
If I already have a Fair & Fast Online loan, can I qualify for another one? If so, for how much?
Yes, you may qualify for an additional loan, depending on your income deposits and your current outstanding loan balance. You must make at least one scheduled payment to an existing online loan, before you can apply for a new one.
How to apply
Where can I apply for a Fair & Fast Online loan?
Are there any documents I need to have ready to upload to apply for a Fair & Fast Online loan?
Can I apply online for a joint Fair & Fast Online loan?
Can I set up my payments to match when I receive my pay? What if I get paid on the 15th and the last day of the month?
Why do I need to choose a first payment date for my online loan?
Why is there no option for loan protection for my Fair & Fast Online loan?
Currently, we don’t have the ability to provide insurance quotes, enrollment or waivers online. If you would like to discuss your insurance options, please do not complete an online application and call our Member Services Centre (MSC).
Questions about my existing loan
Can I upgrade or add on to an existing Fair & Fast Online loan?
How can I pay off a Fair & Fast loan in advance? How does that impact the total cost?
What happens if I pay back my Fair & Fast Online loan right away? How much interest is charged?
We only charge interest based on the length of the outstanding loan. It is prorated to the number of days that the loan is held. So, if the loan is paid off early, then the overall cost of the loan will be reduced.
Note: Due to residual interest (interest accumulated from the date of your last statement to the current date), the loan does not close automatically if you pay off what you see online as the full balance. If you would like to pay off and close the loan, please call our Member Services Centre (MSC) to get the full payout amount and close the loan.
Why was I approved for a lesser amount than what I applied for in my online application for a Fair & Fast loan?
Why did I get this error message when applying for the Fair & Fast Online loan? 'Something went wrong?'
Why did I get this message when applying for the Fair & Fast Online loan? 'You are not eligible?'
Based on the information provided, the system has determined you are not eligible for this product however you may still be eligible for other loans we provide. Please contact our Member Services Centre (MSC) to find out more.