About Cash Money

Cash Money was founded in 1992 and has helped nearly 3 million Canadians meet their short-term cash needs quickly, conveniently and with more flexibility than banks, other payday lenders, and cheque cashing companies. Unlike some of the other lenders in Canada, Cash Money offers convenient ways to apply for a personal loan, apply for cash online or over the phone. Over 90% of Cash Money customers say they are very satisfied with their loan experience.

Cash Money offers fast cash loans, payday loans and line of credit loans to help cover emergency or unforeseen expenses. Unlike some of the other lenders in Canada, Cash Money offers three convenient ways to apply for a personal loan – apply for cash online, in-stores or over the phone.

The Cash Money Difference

• Easy Application
• Fast Cash
• Friendly Customer Service
• Extended Hours
• Responsible Lending

Cash Money FAQs

What Products and Services Does Cash Money Offer?

Cash Money offers these services:

• Payday Loans 
• Lines of Credit

How Much Can I Borrow from Cash Money?

Cash Money offers payday loans up to $1,500 or line of credit loans up to $10,000.
Subject to net pay, other qualification requirements and a credit check.

What Is the Interest Rate on a Cash Money Loan?

The interest rate on a line of credit from Cash Money is 35% annually and the cost for payday loans vary based on the province.

What Is the Term Length for a Cash Money Loan?

Cash Money offers payday loans with up to 62-day terms and their line of credit term is open ended.

What do I need to apply for a loan?

To apply for a Cash Money loan, you must be a Canadian resident, a minimum of 18 years old, provide government identification and proof of income and or pay stubs. 

Can I Apply Online for a Cash Money Loan?

Yes, Cash Money allows you to apply online at any time.

How Fast Can I Get a Loan from Cash Money?

If you are approved, you could receive your loan funds in as little as 15 minutes*. 

15-minute funding available only when using Interac e-Transfer®. Subject to bank processing and system limitations.

How Will Cash Money Send Me the Loan Funds?

Approved recipients will receive loan funds directly into their bank account via Interac e-Transfer® or Direct Deposit.

How Does Loan Repayment Work at Cash Money?

Cash Money loans are repaid through scheduled preauthorized payments from your bank account.

Which Provinces offer Cash Money Loans?

Cash Money operates in Ontario, Alberta, British Columbia, Saskatchewan, Nova Scotia, Manitoba, Newfoundland, Labrador, and New Brunswick.

What Kind of Customer Support Does Cash Money Offer?

You can contact Cash Money Customer Support through their help centre on their website (blog), call centre or by email.

What are Cash Money Working Hours?

• Apply for a loan 24/7 online
• Call Centre: Mon-Fri: 8:00am to 10:00pm (ET), Sat: 9:00am to 10:00pm (ET) & Sun: 10:00am to 8:00pm (ET)

Cash Money Products

Payday Loans

Loan Amount

• $100 – $1,500

Rates & Term Length

• Interest Rate: Varies by province 
• Payment Schedule: Up to 62 days 

Service Details

• Loan Processing Time: As quick as 15 minutes 
• Money Transfer Method:
  • Interac e-Transfer
  • Direct Deposit
• Repayment Method: Automatic debit

Eligibility

• Age Range: Over 18 
• Must be a Permanent Canadian Citizen
• Must have a steady income source
• Must have an active bank account
• Minimum income $1,000

Required Documentation

• Government-issued ID
• Proof of income

Line of Credit

Loan Amount

• $1,500-$10,000

Rates & Term Length

• Interest Rate: 35% APR
• Payment Schedule: Ongoing as needed

Service Details

• Loan Processing Time: As quick as 15 minutes 
• Money Transfer Method:
  • Interac e-Transfer 
  • Direct Deposit
• Repayment Method: Automatic debit

Eligibility

• Age Range: Over 18
• Must be a Permanent Canadian Citizen
• Must have a steady income source
• Must have an active bank account

Required Documentation

• Government-issued ID
• Proof of income