Fora Credit Inc. Reviews 

735
TrustScore 4.5 out of 5

4.5

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Review summary

Created with AI, based on recent reviews

Evaluating 171 reviews, reviewers overwhelmingly had a great experience with this company. Customers consistently praise the easy application and setup process, along with quick access to funds. Many appreciate the helpful and professional staff, who provide excellent customer service and support. People value the ongoing line of credit, offering flexibility and financial assistance when needed. However, some customers noted concerns regarding high interest rates, which they found substantial. A few also felt there were delays in receiving funds after approval. Additionally, some reviewers were not happy with customer support, citing unresponsiveness and difficulty getting clear answers.

What people talk about most

Payment

Customers had ambiguous experiences with payment. Many reviewers found the process of requesting money and... See more

Service

People report positive experiences with service, often highlighting its speed, ease, and helpfulness,... See more

User experience

Consumers find the user experience to be positive, with many describing the application process as super easy... See more

Customer service

Reviewers mention positive feedback about customer service, with many praising the helpfulness and... See more

Staff

Clients share positive opinions on staff, frequently describing them as professional, helpful, and easy to... See more

Reviews shaping this summary

Rated 5 out of 5 stars

Was super easy to apply and set up. Requesting money is as easy as signing in and hitting a few buttons. Money comes that day if requested before noon. Making a payment reflects immediately, no wai... See more

Rated 5 out of 5 stars

I highly recommend Fora for anyone looking for a loan when the bank won't help. Very easy process and fast payout on your approved loan. Plus you will alway have an ongoing line of credit,you can draw... See more

Rated 5 out of 5 stars

Using Fora is very easy to get started along with onboarding process. When I had questions, the live person that helped me was very patient and polite. Definitely would recommend if you are able to... See more

Rated 5 out of 5 stars

When they said Online submission and approval it’s really mean it. They offer extra money automatically when you are upto date with your payments and this is really really worth it for me. Thanks


Company details

  1. Non-Bank Financial Service
  2. Alternative Financial Service

Written by the company

Fora is proud to offer the flexibility of a Line of Credit and serve Canadians from different parts of the country. Currently, we are offering a Line of Credit to residents of Alberta, British Columbia, New Brunswick, Nova Scotia, Ontario, and Saskatchewan but additional provinces will be operational soon. Applying for a Line of Credit from Fora is easy and 100% online. Credit limits range from $1,000 to $15,000. The annual interest rate for a Fora Line of Credit ranges from 19.9% to 34.9%.. Actual rates may vary and are subject to eligibility, underwriting and creditworthiness. You only pay interest on the amount of credit you use, not on your credit limit. It’s the flexibility in a credit product you have been looking for! BC Licence#: 84559; BC Licence#: 84740


Contact info

4.5

Excellent

TrustScore 4.5 out of 5

735 reviews

5-star
4-star
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1-star

Asks customers to review

This company invites their customers to review, whether positive or negative

Replied to 86% of negative reviews

Typically replies within 1 week

How this company uses Trustpilot

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4.5

All reviews

(735)

171 reviews in the last 12 months

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Rated 5 out of 5 stars

Fora has been a very supportive company…

Fora has been a very supportive company . They have well knowledged staff who help you out with all your questions . My fora line of credit has helped me out when I was stuck with emergencies . I am very grateful for my fora line of credit . THANK YOU .

16 October 2025
Rated 1 out of 5 stars

Warning about Fora Credit

Update #2 – October 17, 2025:

My account with Fora Credit has now been officially confirmed as paid in full and permanently closed, following several days of communication delays, failed payment portal attempts, and regulatory filings.

While the matter is resolved, I note that it required escalation to multiple oversight bodies before consistent support and closure were achieved. The difference in tone and professionalism between early responses and the final resolution was noticeable, suggesting internal escalation and possible compliance review.

I’m satisfied to have the account settled but remain concerned about Fora’s limited payment methods, lack of transparent contact options, and portal reliability. I’ve requested that regulators consider a procedural audit to help prevent similar consumer challenges in the future.

I appreciate that the closure was ultimately handled correctly and hope Fora recognizes the value of proactive customer care and clearer financial accountability.

Update – October 17, 2025: My Fora Credit account has now been paid in full. However, it took over a week of repeated attempts, multiple escalations, and help from both banks to process what should have been a straightforward payment. My experience remains the same regarding their system failures and lack of communication.

I became a Fora Credit customer in July 2025 through Borrowell. My first line of credit was fine, but my latest experience has been awful. Since October 9 I have tried repeatedly to pay off my $2 000 balance, yet their payment portal keeps failing — even though both Tangerine and Simpli Financial confirmed the problem isn’t my bank.

When I said I did not want them to withdraw the full amount by PAD, Fora amended my account anyway without consent and then stopped replying. Their only “helpful” advice was to clear my cache and try again while interest keeps building.

I’ve reported this to Consumer Protection Ontario, the Ombudsman, the BBB, and Borrowell. Most banks don’t even list Fora as a registered payee — leaving customers trapped between a broken portal and forced PAD withdrawals. Consumers deserve better than this.

7 October 2025
Unprompted review
Fora Credit Inc. logo

Reply from Fora Credit Inc.

Hello Heather,

We're sorry to hear about the difficulties you experienced while trying to make payments online. While we strive to ensure a smooth and reliable online payment experience, your feedback has been shared with our team as we continue to make improvements.

We're glad to know this matter has since been resolved, and we truly appreciate your understanding throughout the process.

Thanks for taking the time to share your feedback with us and if there are any further concerns that we can help address, please contact us at feedback@foracredit.ca.

Rated 1 out of 5 stars

Do Not Borrow From This Company

The interest rates are outrageous and this company takes advantage of people who are stuck and have less financial options available to them. The cost of borrowing is basically robbery leaving people in even more debt. You can’t even access your funds immediately, you need to wait for them to be transferred. Would definitely not recommend this lender to anyone.

6 October 2025
Fora Credit Inc. logo

Reply from Fora Credit Inc.

Hello,
We appreciate you sharing your concerns and we take them seriously.
At Fora, we provide details about cost of borrowing in disclosures during the application process to help consumers make informed choices.
We’re happy to answer any specific questions that you may have. Please feel free to contact us at feedback@foracredit.ca. Thank you.

Rated 3 out of 5 stars
Fora Credit Inc. logo

Reply from Fora Credit Inc.

Hello Scott, we appreciate your honesty. If you would like to provide further feedback, please feel free to email us at feedback@foracredit.ca. Thank you.

Rated 1 out of 5 stars

So far

So far, I cannot get ahold of anyone to help me get a PDF for my account. Plus the phone lines are down?? That’s strange

29 September 2025
Fora Credit Inc. logo

Reply from Fora Credit Inc.

Hello Michael,

We’re sorry to hear that you experienced this.

We’ve confirmed that our phone lines are fully operational. If you’re still having difficulties, please visit our Contact Us page for alternate ways to reach out to us - https://www.foracredit.ca/contact/

Thank you and we look forward to hearing from you.

Rated 3 out of 5 stars

I have never missed a payment since I…

I have never missed a payment since I opened my account over two years ago . I have run into financial hardship the past year and Fora will not increase my line of credit . Explanation is very weak and insensitive.
When I need someone to help out I can't count on Fora.

24 September 2025

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