Fat Cat Loans review: Is it legit?

What is Fat Cat Loans?

Fat Cat Loans is a platform that connects borrowers with loans from its network of lending partners. It accepts applications from people with any type of credit history, and the application process is completely online. If you’re approved, same-day loan funding is available.

Fat Cat Loans offers secured and unsecured personal loans, lines of credit, debt consolidation loans and car loans.

Is Fat Cat Loans legitimate?

www.fatcatloans.ca is a registered trading name of Triple Eight Media Limited. Triple Eight Media is a lead generation company focused on the short-term lending market in Canada and the UK. Its registered business address is in London in the UK.

What we like about Fat Cat Loans

• Access multiple lenders. By filling out a single application, you can be connected with suitable loans from Fat Cat Loans’ network of lending partners.
• Apply 24/7. You can apply for a loan through Fat Cat Loans 24 hours a day, 365 days a year.
• Quick online applications. It takes less than 10 minutes to apply for a loan through Fat Cat Loans, and you don’t need to provide any paperwork.
• Instant decisions. You won’t have to wait around for days or weeks to find out if you’re eligible for a loan, as Fat Cat Loans offers instant decisions.
• Same-day funding available. You can get your loan funds the same day from some lenders, but please note that not all Fat Cat Loans lending partners pay out the same day.
• Bad credit accepted. Bad credit won’t stop you from getting a loan through Fat Cat Loans. This provider can connect you with lenders that work with all types of credit histories.
• Multiple loan types available. Fat Cat Loans can connect you with lenders that offer installment loans, car loans, lines of credit and debt consolidation loans.
• Loan amounts up to $50,000. You can apply for loans ranging from $300 to $50,000
• Available in all provinces. Loans from Fat Cat Loans are available right across the country.

What to watch out for

• Not a direct lender. Fat Cat Loans isn’t a lender, so you’ll be dealing with a third party once you submit a full application and start repaying your loan.
• High interest rates. If you’ve got bad credit, an interest rate of as high as 35.99% may apply to your loan.
• Limited reviews. There are only a handful of customer reviews for Fat Cat Loans online, so it’s hard to form a complete picture of the quality of the service it offers.
• No phone number. There’s no phone number listed on the Fat Cat Loans website, so you’ll need to fill out an email form if you want to get in touch.

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Summary of Fat Cat Loans reviews

There are limited Fat Cat Loans reviews available online. Of the small sample size of reviews we found, customers commonly mentioned a quick and easy application process and helpful service, though a handful of people said they received no response after applying.

Feature	Details
Better Business Bureau accredited	No
Better Business Bureau rating	N/A
Better Business Bureau reviews	N/A
Google reviews	4.2 out of 5 stars, based on 33 Fat Cat Loans reviews

Reviews verified as of September 15, 2025.

Am I eligible for a loan?

The exact eligibility requirements you must meet to qualify for a loan vary depending on the lender. However, as a general rule, you’ll need to:

• Be 18 years of age or older
• Be a Canadian resident
• Have a regular source of income
• Have an active Canadian bank account that allows direct debits

How to apply

If you want to apply for a loan through Fat Cat Loans, follow these steps.

1. Head to the Fat Cat Loans site and click Apply Now.
2. Enter your email address and click Proceed.
3. Select the amount you want to borrow, from $1,000 to more than $20,000.
4. State the purpose of the loan.
5. Select your estimated credit score.
6. Select your main income source.
7. State whether you receive your income by direct deposit.
8. Select your monthly income.
9. Enter your address and how long you’ve been living there.
10. State whether you own your home.
11. Input information about your rent/mortgage payments and property value.
12. Enter your first name, last name, email address and phone number and click Next.
13. Verify your phone number.
14. Fat Cat Loans will then provide an instant lending decision and match you with multiple lenders.
15. Review the loan terms from each lender.
16. If you agree to the terms from one of the lenders, accept the offer electronically and wait for your funds.

What to expect once you receive your funds

Once you have your funds, you’ll be dealing directly with the lender rather than Fat Cat Loans, as the platform only serves to connect you with potential lenders. Fat Cat Loans doesn’t set the terms of your loan, so all questions must be directed to the lender who issued you funds.

You can also check your loan agreement to note information like your interest rate, additional fees and repayment schedule.

For all loans, you must make repayments through direct debit. Ensure you don’t miss any payments, as you may have to pay late payment penalties or your credit score could be impacted.