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Fairstone Bank
Information by Research TrustFinance
With a history in Canadian lending that spans nearly a century, Fairstone evolved from a consumer lending company (Fairstone Financial Inc.) into a formally chartered bank. After being acquired by Duo Bank of Canada, the combined entity was renamed Fairstone Bank of Canada in 2021. The bank's mission is to provide accessible and responsible credit and banking solutions to near-prime Canadian borrowers, focusing on personal loans, secured loans (mortgages), retail financing, and credit cards, alongside offering competitive rates on savings products like GICs and High-Interest Savings Accounts.
Canada
Industry
Financial