Vancity Fair and Fast Loan™

Get cash when you need it.

What it is

A smarter alternative to a payday lender

Borrow

From $100 to $2,500

Best part

No credit check required, approval is based on your income

Why choose a Vancity Fair and Fast Loan™?

If you need cash in a hurry and you’re worried about your credit score.

Apply the simple way

Apply online and have your loan funded to your account within 10 minutes.

Customize your payment options

Decide how often to make payments and how long you need to pay back your loan.

No payment penalties

Make additional payments with no penalties if you want to pay back your loan early.

How to qualify for a Fair and Fast loan™.

Here’s what you need:

Vancity membership ($5 deposit for initial membership shares)
Current and regular source of income
Age 19 or older
Credit worthiness and adequate debt levels
No undischarged bankruptcy or outstanding consumer proposals
Current resident of BC
Canadian Citizenship, Permanent Resident, or Landed Immigrant status
No unpaid collection items unless the loan will be used to pay them out
No more than two active Fair & Fast loans™ at any given time

Loan details.

Minimum

$100

Maximum

$2,500

Interest rate

19% fixed interest rate¹

Term length

1 to 2 years

Features	Details
Minimum	$100
Maximum	$2,500
Interest rate	19% fixed interest rate¹
Term length	1 to 2 years

Questions? We have answers.

Vancity is committed to social justice and financial inclusion, which means we believe in the well-being of every one of our members. The Vancity Fair & Fast Loan™ helps our members get back on their feet when they need it. With no application fees, a low interest rate, and an affordable payment plan, Vancity is dedicated to being there for our members even during difficult times.

If you are eligible, you could receive a Vancity Fair & Fast Loan™ within the same day. Below are the typical times it may take for you:

Become a new Vancity member	1 hour
Apply and receive a Vancity Fair & Fast Loan™ in person	1 hour
Apply and receive a Vancity Fair & Fast Loan™ online (existing members only)	As little as 10 minutes

When a money emergency hits it takes time for people to get back their feet. The Vancity Fair & Fast Loan™ offers a manageable rate and a more flexible payback schedule than a payday loan, giving members breathing room to move forward and recover fast.

Vancity is a co-operative credit union, who supports the common economic, social, and cultural needs of its members through its products and services. As a member, you will have access to funds for your Vancity Fair & Fast Loan™ from our membership deposits. In return, your initial membership deposit, loan interest, and any future deposits will help the rest of our membership community for their needs. This model of reciprocity supports our sustainable co-operative economy and is universal for all of our banking products.

If you’re not in a hurry, and would like to explore other opportunities, please feel free to visit a branch or contact our Member Services Centre at 604-877-7000 or toll free at 1-888-826-2489.

Depending on eligibility, you may have access to:

A small dollar loan up to $3,000 or a Personaline up to $5,000
An enviro™ Visa* card with a lower limit or a secured enviro Visa card

Vancity members.

If you’re a Vancity member, you can apply for this loan online.

New to Vancity.

If you’re new to Vancity, book an appointment to connect or tailored advice or to start your application.

Book a call

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The annual percentage rate (APR) is compounded monthly, not in advance, APR assumes no fees or charges apply. If additional fees and/or charges apply, the total Cost of Credit and APR would increase. This product, its features and advertised interest rates may change at any time and may be withdrawn by Vancity at any time for any reason without prior notice to the member.

Vancity Fair & Fast Loan™ is a trademark of Vancouver City Savings Credit Union.

Trademark of Visa Int., used under license