In this guide

  • Our verdict
  • Frequently asked questions
  • Your reviews
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Fat Cat Loans review

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Fat Cat Loans Personal Loan
2.5
★★★★★
Finder score
APR Range
4.84% - 35.99%
Loan Amount
$300 - $50,000
Loan Term
3 - 84 months
Min. Credit Score
300

Our verdict

Apply with good or bad credit and get matched with lenders.

Fat Cat Loans is an online platform where you can apply for personal loans of up to $50,000. It's easy to apply online and compare loans from multiple lenders, while you can also get approved and funded the same day. Bad credit is accepted too, and loans are available in all provinces. However, there are high rates for bad credit, and Fat Cat Loans only has a relatively small number of customer reviews.

Pros

  • One application to access loans from multiple lenders
  • Instant decisions and same-day funding available
  • Bad credit accepted

Cons

  • Not a direct lender
  • Watch out for high interest rates
  • Limited customer reviews

In this guide

  • Our verdict
  • Frequently asked questions
  • Your reviews

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.

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.

Features of Fat Cat Loans

FeatureDetails
APR4.84% - 35.99%
Loan amount$300–$50,000
Loan term3 - 84 months
Serviced provincesCanada-wide
Minimum credit score300

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 is not 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 contact this provider.

Alternatives to Fat Cat Loans

1 - 7 of 7
Name Product Ratings APR Range Loan Amount Loan Term Broker Compliance Requirements
LoanConnect Personal Loan
Finder Score:
★★★★★
Customer Survey:
★★★★★
8.99% - 46.96%
$500 - $50,000
3 - 120 months
LoanConnect is a loan search platform with access to multiple lenders. Applicants will be matched with a suitable lender based on credit history and borrowing requirements.
Requirements: min. credit score 300
Spring Financial Personal Loan
Finder Score:
★★★★★
Customer Survey:
★★★★★
10.8% - 46.99%
$500 - $35,000
6 - 60 months
Requirements: min. income $2,000/month, 3+ months employed, min. credit score 550
Loans Canada Personal Loan
Finder Score:
★★★★★
Customer Survey:
★★★★★
6.99% - 46.96%
$300 - $50,000
3 - 60 months
Loans Canada is a loan search platform with access to multiple lenders. Applicants will be matched with a suitable lender based on credit history and borrowing requirements.
Requirements: min. credit score 300
Fat Cat Loans Personal Loan
Finder Score:
★★★★★
4.84% - 35.99%
$300 - $50,000
3 - 84 months
Requirements: min. income $1,000/month, min. credit score 300
SkyCap Financial Personal Loan
Finder Score:
★★★★★
Customer Survey:
★★★★★
12.99% - 39.99%
$500 - $10,000
9 - 36 months
Requirements: min. income $1,666.67/month, full time employment/pension, min. credit score 575, no bankruptcy
goPeer Personal Loan
Finder Score:
★★★★★
8.99% - 34.99%
$1,000 - $35,000
36 or 60 months
Requirements: recommended income $35,000/year, min. credit score 600, min. 5-year credit history.
Mogo Personal Loan
Finder Score:
★★★★★
Customer Survey:
★★★★★
9.90% - 46.96%
$500 - $35,000
6 - 60 months
Requirements: min. income $35,000/year, min. credit score 600
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Summary of Fat Cat Loans reviews

There are limited Fat Car 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.

FeatureDetails
Better Business Bureau accreditedNo
Better Business Bureau ratingN/A
Better Business Bureau reviewsN/A
Google reviews4.6 out of 5 stars, based on 12 Fat Cat Loans reviews

Reviews verified as of June 26, 2023.

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 will 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

You can apply through the Fat Cat Loans website by filling out an online form. You’ll need to provide:

  • The amount you want to borrow
  • Your email address
  • Your name and date of birth
  • Your phone number
  • Your credit score and details of any existing debt
  • Your address
  • Your employment details

Frequently asked questions

Your reviews

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