Cash Money

Avg. Rating: 4.9 (7 reviews)

Since 1992, nearly 1.2 million Canadians have relied on Cash Money to meet their short-term cash needs quickly, conveniently and with more flexibility than banks, other payday lenders, and cheque cashing companies.

The Cash Money Difference

  • Easy Application
  • Fast Cash
  • Friendly Customer Service
  • Extended Hours
  • Responsible Lending
  • TIME IN BUSINESS: SINCE 1992
  • # OF CUSTOMERS: 1.2 Million
  • LOANS OFFERED: Line of Credit, Payday Loan (Not offered in AB or NB)
Call Center: Mon-Fri: 8:00am to 11:00pm (ET)
Sat-Sun: 9:00am to 5:00pm (ET)
Support Offered:
  • Help Center/Blog
  • Email Support
Availability: Ontario, Alberta, British Columbia, New Brunswick, Newfoundland, Nova Scotia, Manitoba, Saskatchewan

Products Offered

Below are all the products offered by this company.

Conditions & Rates

Interest rate 46.93%Amount $500 – $10,000 TermOpen Ended Line of Credit

Eligibility & Documents

Who is eligible

  • Canadian resident over 18
  • Minimum income at least $1,000 per month

What you need to provide

  • Proof of income/Paystubs
  • Government ID

Repayment & Issuance

How fast can you get the money Within 24 hoursFunding method Direct deposit, 15-minute funding with Interac e-Transfer*’

  • As soon as 15-minute funding available only when using Interac e-Transfer®. Subject to bank processing and system limitations. Interac e-Transfer® can be used to transfer funds up to $10,000. Interac® and the Interac design are registered trademarks of Interac Inc.

How does repayment work Regular payments from bank account or debt card on scheduled income dates

Conditions & Rates

Cost Varies by ProvinceAmount $100 – $1,500 TermUp to 62 days

Eligibility & Documents

Who is eligible

  • Canadian resident over 18
  • Not available in Alberta or New Brunswick
  • Minimum income $1,000

What you need to provide

  • Proof of income/Paystubs
  • Government ID

Repayment & Issuance

How fast can you get the money Within 24 hours Funding method Direct deposit, 15-minute funding with Interac e-Transfer

  • As soon as 15-minute funding available only when using Interac e-Transfer®. Subject to bank processing and system limitations. Interac e-Transfer® can be used to transfer funds up to $10,000. Interac® and the Interac design are registered trademarks of Interac Inc.

How does repayment work Repayment on scheduled income date(s) from bank account

Articles About Cash Money

By Smarter Loans Staff

The Smarter Loans Staff is made up of writers, researchers, journalists, business leaders and industry experts who carefully research, analyze and produce Canada's highest quality content when it comes to money matters, on behalf of Smarter Loans. While we cannot possibly name every person involved in the process, we collectively credit them as Smarter Loans Writing Staff. Our work has been featured in the Toronto Star, National Post and many other publications. Today, Smarter Loans is recognized in Canada as the go-to destination for financial education, and was named the "GPS of Fintech Lending" by the Toronto Star in 2019.

Frequently Asked Questions About Cash Money

What is Cash Money?

Cash Money was founded in 1992 and has helped nearly 600,000 Canadians meet their short-term cash needs quickly, conveniently and with more flexibility than banks, other payday lenders, and cheque cashing. Cash money offers fast cash loans to help you 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.

Is Cash Money Safe?

91% of Cash Money Customers say they are very satisfied with their loan experience. Cash Money is known for what they call the Cash Money difference and pride themselves in an easy application process, fast cash, friendly customer service, extended hours, and responsible lending. They've been around for almost 20 years and on top of that they have helped over 600,000 people.

What Products and Services Does Cash Money Offer?

Cash Money offers lines of credit, installment loans, payday loans and also provides various financial services including, money orders, cash cheques and is a reliable place to purchase money orders.

How Much Can I Borrow from Cash Money?

Cash Money payday loans are between $500 and $10,000. Their line of credit ranges from $500 to $10,000.

What Is the Interest Rate on a Cash Money Loan?

The interest rate on Cash Money's line of credit annually is 46.93% and as for their payday loan, the cost varies based on the province.

What Is the Term Length for a Cash Money Loan?

Cash Money offers up to a 62 day term for their payday loan and their line of credit term is open ended.

How to Qualify for a Cash Money Loan?

In order to qualify 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 for you to apply online anytime.

How Fast Can I Get a Loan from Cash Money?

If you are approved, then you will receive your loan funds within 24 hours.

How Will Cash Money Send Me the Loan?

Approved recipients will receive loan funds directly into their bank account.

How Does Loan Repayment Work at Cash Money?

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

Which Provinces Is Cash Money Available in?

Cash Money operates in Ontario, Alberta, British Columbia, Saskatchewan, and Nova Scotia.

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?

Cash Money allows you to apply for a loan 24/7 online and they have a call centre available Monday to Friday from 8AM to 11PM EST and Saturday and Sunday from 9AM to 5PM EST.

Cash Money Reviews

Avg. Rating: 4.9 (7 reviews)
Good Service

Awesome customer service! Cheque cashing and pay day loans are cheaper than with other payday lenders

Emma
Quick Application

May De Ocampo
Very Satisfied

So quick and easy...very satisfied and happy!

Donna W.
Great Service

Great service..very quick and easy..didn't have to worry about running around frantically getting tons of documents just to be denied...would totally recommend to friends...thank you very much...definitely eased some tension in my life..Joey

Joey
Excellent service

It's an awesome company and I would recommend it to anyone

Desmond Markland
Highly Reccomended

They were very helpful and polite they reviewed my loan and approved it, and sent me the loan. Give them a try as they are the real deal.

via. Trustpilot

Alan M.
Professional Service

Great customer service and professional way to handle customer enquiries

Amrik K

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