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Payment plan options for Furniture: Your guide to Fairstone financing at Sundeep Furniture. The right payment plan for your furniture purchase can save money and protect your credit. It helps keep your financial goals on track. Sundeep Furniture partners with Fairstone to offer flexible financing options for quality furniture. You can reduce interest charges and shorten your repayment timeline. Fairstone financing gives you multiple payment schedule options. You can choose from monthly, semi-monthly, bi-weekly, and weekly payments. Bi-weekly payments help you make 26 payments a year instead of 24. This reduces your interest charges significantly compared to other payment options. In this piece, Sundeep Furniture Ltd.'ll walk you through everything you need to know about setting up your payment schedule. You'll learn how to manage your account and make the best payment schedule decision for your budget. What is Fairstone financing at Sundeep Furniture. How Sundeep partners with Fairstone. Sundeep Furniture works with Fairstone Financial Inc., a prominent provider of responsible lending solutions with a nearly one-hundred-year legacy in Canada. This partnership allows Sundeep Furniture Ltd. to offer flexible financing options at the point of sale, both in-store and online. Fairstone operates as a subsidiary of Fairstone Bank of Canada and provides financing at hundreds of participating businesses throughout the country. The partnership gives you access to Fairstone's digital financing platform. You get a transparent and secure retail financing experience. You can apply for financing as soon as you make your purchase at Sundeep Furniture. This makes it convenient to get the furniture you need without the upfront cost. Who qualifies for financing. Fairstone's online financing application takes three easy steps. First, you visit Sundeep Furniture in-store or online. Second, you access and complete the application. Third, you receive a decision and credit amount in minutes. The application process works on any device and provides quick, secure results. Your credit profile determines which payment plans you qualify for. You may not qualify for all available payment plans depending on your credit details. Fairstone assesses factors like your credit score and borrowing history to determine approval. One important detail: a CAD 48.77 annual fee may be charged to your account, subject to certain conditions outlined in your Account Agreement. This fee structure varies based on your financing arrangement. Credit limits and available credit. You'll find out your credit limit once approved and can begin using it right away, either online or in-store. Your available credit depends on your credit profile and the assessment Fairstone conducts during the application process. Fairstone offers payment plans ranging from 3 months to 60 months, with options that vary by merchant and province. You can defer your payments up to 24 months or benefit from select 0% interest plans. Your credit limit determines how much furniture you can finance through the payment plan. This gives you purchasing power that fits your approved amount. Payment plan options available at Sundeep. Standard payment plans. Sundeep Furniture offers several standard payment plans through Fairstone that accommodate different financial situations. The No Pay/Same as Cash plan allows you to defer payments during the promotional period, though interest accrues from day one at 31.99% per annum. Pay the full balance before the promotional period ends, and all accrued interest will be waived. The Same as Cash with payments option requires minimum monthly payments of 3% (or 5% for Quebec residents) during the promotional period. Interest still accrues, but you'll avoid paying it by settling the full balance before expiration. The Free Financing plan divides your purchase amount by the number of promotional months to create fixed monthly payments. No interest accrues if you make each required payment on time. The Equal Payments with Interest plan works for extended financing needs. It has interest in your monthly payments at a reduced rate compared to the standard 31.99%. This option spreads both principal and interest charges across your chosen term. Promotional financing offers. Sundeep Furniture runs seasonal promotions through Fairstone. One recent offer had 6 months of no interest and no payments on approved credit. These promotional periods give you breathing room to manage other expenses while your furniture purchase sits interest-free. Promotional terms range from 3 months to 60 months depending on current offers. The No Interest/No Payment plan stands out because no interest accrues during the promotional period and you're not required to make minimum payments. But if you default under your account agreement, the promotional terms terminate immediately. Best Buy payment plan comparison. Fairstone's financing structure mirrors plans offered at other major retailers. To name just one example, Best Buy partners with Fairstone to offer 3-, 6-, 12-, and 18-month financing options. The same fundamental rules apply: pay in full by the promotional expiration date or face interest charges on the purchase amount at the disclosed APR. Interest-free periods. Interest-free periods at Sundeep Furniture through Fairstone protect you from finance charges when you meet specific conditions. Under Free Financing plans, interest won't accrue if you make the required minimum payments when due each billing cycle. Under Same as Cash plans, accrued interest gets waived when you pay the purchase price in full by the promotional period's expiration date. Setting up your payment schedule. How to choose your payment due date. Sundeep Furniture sets your payment due date when they process your Fairstone financing application. You can view this date by registering for online account management or checking your monthly statement. Both printed and electronic monthly statements show the payment due date and plan expiration date. Payment schedules at Sundeep Furniture through Fairstone offer multiple frequency options. You can choose monthly, bi-weekly, or weekly payments based on what works best for your financial needs. Bi-weekly payments reduce the time interest has to accrue between payments and allow more of each payment to go toward your loan balance. Understanding minimum payments. Your specific credit plan determines minimum payment calculations. For Regular Revolving Credit Plans and Same as Cash plans, your minimum payment is 5% of the balance owing or CAD 13.93, whichever is greater. Quebec residents pay 5% of the balance or CAD 13.93, whichever is greater. Free Financing plans calculate your minimum payment differently. The purchase amount gets divided by the number of months in the promotional period. Equal Payments with Interest plans divide the purchase amount plus interest charges by the term length. No Interest/No Payment plans require CAD 0.00 minimum payments until the promotional period ends. Creating a manageable payment schedule. Start by assessing what you can afford each month comfortably without straining your finances. The payment should fit among your other monthly commitments. You can add elective amounts to scheduled payments, which apply to your loan balance and reduce interest charges. Multiple purchases on one account. Your Fairstone account at Sundeep Furniture accommodates multiple furniture purchases, provided that you stay within your credit limit. You can view your credit limit and available credit through online account management or on your monthly print statement. Making payments and managing your Account. Ways to make payments online and in-person. You have multiple convenient options to manage your payment plan at Sundeep Furniture through Fairstone. Payments can be made by telephone or online banking. Enter Fairstone - Retail Financing as the payee. Your financial institution accepts payments in person, and some institutions help you set up monthly recurring payments. You can submit your payment at any local Fairstone branch or mail a cheque payable to Fairstone with your account number to their Montreal processing center. One important detail: Sundeep Furniture does not accept payments on Fairstone's behalf. Updating account information. Contact the customer care center to update your email address and phone number. Reach out to Fairstone's support team to change your mailing address. Accessing your account statements. Fairstone provides 24/7 access to your account through online account management. Your statements display balances, payment due dates, available credit and plan types. Early payoff options. You face no penalties if you pay off your account balance early. Your account remains open after full payment. This allows you to use your available credit to make future purchases at Sundeep Furniture. Return or cancel your order with Sundeep Furniture. Your Fairstone financing account will be credited with the returned amount. Check Sundeep's return policy, as some conditions may apply. Conclusion. Flexible financing through Sundeep Furniture and Fairstone makes quality furniture available without straining your budget. Choosing the right payment schedule reduces your interest charges and shortens your repayment timeline. Bi-weekly payments are the smartest option for most buyers and help you save money while staying on track financially. Assess what you can afford first, then select the payment plan that fits your goals and budget.

Fairstone Bank and Best Buy Canada renew exclusive retail financing partnership, expanding flexible payment options for canadian consumers. Aug 11, 2026, 06:30 ET Renewal secures cornerstone retail financing relationship TORONTO and MONTREAL, Aug. 11, 2026 /CNW/ - Fairstone Bank of Canada ("Fairstone Bank"), Canada's leading alternative lending bank, and Best Buy Canada Ltd. ("Best Buy"), Canada's largest consumer electronics retailer, today announced the renewal of their exclusive point-of-sale financing partnership. Since launching in 2020, the partnership has helped thousands of Canadians make technology purchases more accessible. Through Fairstone Financial Inc., a subsidiary of Fairstone Bank, Best Buy customers can access in-store, and online financing through a digital application that enables approval or prequalification in under two minutes. "Best Buy has been a valued partner from the outset, and this renewal reflects the trust, performance and the shared commitment we have built together," said Emilie Boulay, Senior Vice President, Chief Card Services Officer at Fairstone Bank. "Together we have delivered fast and seamless financing solutions to Best Buy customers across Canada, and we look forward to continuing to grow that success in the years ahead." "Technology plays an essential role in how Canadians work, learn, connect and navigate their daily lives," said Bryan Kooistra, Chief Financial Officer, Best Buy Canada. "By extending our partnership with Fairstone Bank, we're continuing to provide customers with flexible and transparent financing options, while enabling innovative programs like Monthly Subscription that make it easier to access and upgrade the technology they rely on." Best Buy is one of more than 2,100 merchant partners coast to coast that rely on Fairstone Bank's retail financing programs, which combine proprietary technology and dedicated support to simplify the customer experience. About Fairstone Bank of Canada Fairstone Bank of Canada and its subsidiaries, including Fairstone Financial Inc. and Home Trust Company, deliver innovative, accessible and reliable financial solutions that enable Canadians to reach their financial goals. Collectively, they offer residential and commercial mortgages, consumer deposits and GICs, retail and automobile financing, credit cards and digital lending, as well as unsecured and secured personal loans online and at more than 260 branches coast to coast. With nearly 100 years of operating history, Fairstone Bank is Canada's leading alternative lending bank, serving approximately two million customers nationwide. About Best Buy Canada A wholly owned subsidiary of Best Buy Co., Inc. (NYSE: BBY), Best Buy Canada Ltd. is one of Canada's largest and most innovative omnichannel retailers, operating the Best Buy, Best Buy Mobile, Best Buy Express and Geek Squad (www.geeksquad.ca) brands. With over 300 Best Buy, Best Buy Mobile and Best Buy Express stores across Canada and an expanded assortment of lifestyle products offered through BestBuy.ca, Best Buy is a leader in total retail, catering to customers how, when, and where they want to shop. Best Buy Canada is committed to making a positive impact in the community with programs and partnerships that support youth to connect with technology to advance their education. For more information, visit BestBuy.ca. SOURCE Fairstone Financial Inc. Caroline Morin, Vice President, Corporate Communications, [email protected], +1 833 461-2900

Fairstone Bank of Canada has raised $425 million through a Class A notes issuance under its Classic RMBS Trust Series 2026-1, marking its first such issuance since 2022 and its first residential mortgage-backed securities transaction following its combination with Home Trust Company. The transaction attracted strong investor demand, with orders exceeding $900 million from 19 institutional investors, representing 2.2 times oversubscription. Pricing tightened from initial levels of Government of Canada plus 100-105 basis points to a final spread of GoC plus 90 basis points. The notes carry a 3.777% coupon with a weighted average life of approximately 1.7 years and received AAA ratings from Morningstar DBRS and Moody's. RBC Capital Markets acted as structuring lead, with Scotiabank and TD Securities serving as joint bookrunners.