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Cashco Financial

Name: Cashco Financial
Address: CANADA
Telephone: +1-855-525-3410
Price range: $250 - $7,000
Rating: 4.8

Avg. Rating: 4.8 (2 reviews)

Cashco exists to provide relief today and hope for tomorrow. Cashco’s entire enterprise is designed to accommodate and exceed the needs and expectations of the underserved.

They provide relief today by making it easy to get an immediate loan, regardless of your current or past credit history. Cashco accepts our clients where they are today. And due to our multiple loan options, they are the only finance company that can help move clients through the entire credit continuum to achieve a better credit rating and create hope for tomorrow.

Cashco is a privately held company based in Edmonton, Alberta that has served over 150,000 clients both online and through a network of 50 branches located in British Columbia, Alberta, Saskatchewan, and Ontario.

Products Offered by Cashco include: Flex Loans Up to $7,000, Banking, Loan Protection, Money Transfer, Cheque Cashing.

Once you become a customer you can access your account using your CashCo Financial login – this allows you to stay in control of your account.

TIME IN BUSINESS: Since 2009
# OF CUSTOMERS: Over 27,500
TOTAL FUNDED: Over $300M
LOANS OFFERED: Flex Loans Up to $7,000, Banking, Loan Protection, Money Transfer, Cheque Cashing

Visit Site and Apply

1-855-525-3410

Call Center: Mon - Fri: 7am to 8pm MST Saturday: 8am to 8pm MST

Support Offered:

Monthly $10K Loan Payout Program
"The Village" Credit Building Membership
One-On-One Budget Planning
Financial Health Score
Online Chat
Phone Support
In-Branch Support

Availability: British Columbia, Alberta, Saskatchewan, Ontario, New Brunswick, Newfoundland

Products Offered

Below are all the products offered by this company.

Conditions & Rates

Interest rate Varies Amount Up to $7,000 Term 6 – 60 months

Cashco Payday Loans: $14 on every $100 borrowed.

Cashco Flex Loan: offers terms ranging from 6 to 60 months with a fixed Annual Percentage Rate (APR). The fixed rate is 35% with no administrative or document fees. For a $1,000 Flex Loan over 12 months, this yields a bi-weekly payment of approximately $45.84, resulting in a total cost of borrowing of approximately $191.24 ($1,191.24 including principal).

Eligibility & Documents

Who is eligible

Canadian resident
Over 18 years of age

What you need to provide

Valid Government Issued ID

Repayment & Issuance

How fast can you get the money Typically within the hour Funding method Direct Deposit or Email Money Transfer How does repayment work Weekly, bi-weekly, semi-monthly or monthly payments from bank account

Articles About Cashco Financial

Cashco Financial Offers Canadians a Better Alternative to Payday Loans

By Jared Lindzon

Jared Lindzon is an experienced journalist, writer and public speaker. He specializes in Business, Technology, Lending and FinTech industries in Canada and abroad. Jared is a regular contributor to Smarter Loans and top tier publications around the World, including Fortune Magazine, Fast Company, the Guardian, Rolling Stone, the Globe and Mail, and many more.

Frequently Asked Questions About Cashco Financial

What is Cashco Financial?

Cashco Financial (sometimes referred to has Cash Co) is a privately held company based in Edmonton, Alberta that helps clients build their credit and get into mainstream financial services. They serve over 140,000 clients both online and through a network of over 50 branches located in British Columbia, Alberta, Saskatchewan, and Ontario. They provide multiple loan options and are a finance company that aims to help move clients through the entire credit continuum to achieve financial health and growth.

Is Cashco Financial Safe?

Cashco Financial has been in business since 2009 and by August 2017, had over 5,000 Albertans sign up for accounts. Their consistent growth shows them as one of the leading brands in the financial industry, and to add, Cashco has funded over 300 million dollars in loans. Cashco Financial employs over 200 employees and is focused on getting underbanked Canadians money quickly and securely. They have also been certified as a Great Place to Work® to help show their outstanding culture.

Is Cashco Legit?

Here at Smarter Loans we only work with verified and regulated businesses. Cashco have proven themselves to be a legitimate business over the 6+ years they have been operating in Canada and we are happy to put our name alongside theirs.

What Products and Services Does Cashco Financial Offer?

Cashco Financial offers a flex loan, and their services include cheque cashing, money transfer options, credit monitoring support, and even a financial literacy blog.

How Much Can I Borrow from Cashco Financial?

Cashco loans range depending on the loan type. Their flex loan allows you to borrow up to $7,000.

What Is the Interest Rate on Cashco Loans?

Cashco Financial considers various means in order to determine the interest rate on a loan. Their Loan offers terms ranging from 6 to 60 months with a fixed Annual Percentage Rate (APR). The fixed rate is 35% with no administrative or document fees. For a $1,000 Flex Loan over 12 months, this yields a bi-weekly payment of approximately $45.84, resulting in a total cost of borrowing of approximately $191.24 ($1,191.24 including principal).

What Is the Term Length for Cashco Financial Loans?

You can get anywhere from 6 to 60 months to pay back a Cashco Financial loan.

How to Qualify for a Cashco Financial Loan?

If you're applying for a flex loan then you need to be of legal age in the province you reside, have a bank account, be employed and have lived in your current residence for at least 3 months.

Can I Apply Online for a Cashco Financial Loan?

Yes, you can apply for a Cashco Financial loan online quickly and securely using their online form.

How Fast Can I Get a Loan from Cashco Financial?

The application process is fast and Cashco Financial tries to approve people within minutes, therefore, if approved, you can receive your money within hours and likely the same day.

How Will Cashco Financial Send Me the Loan?

If you are approved, Cashco will transfer the money into your account directly.

How Does Loan Repayment Work at Cashco Financial?

You can choose to repay your Cashco loan through weekly, bi-weekly, semi-monthly or monthly payments from bank account.

Which Provinces Is Cashco Financial Available in?

Cashco Financial operates in 6 provinces and has branches in British Columbia, Alberta, Saskatchewan, Ontario, and New Brunswick.

What Kind of Customer Support Does Cashco Financial Offer?

Cashco Financial can be contacted through their online chat on their website, they offer resources to help grow your financial health, budget planning tools, financial literacy health checks and you can also reach Cashco customer support by phone, email or by going into anyone of their branches.

What are the Cashco Financial Working Hours?

You can contact Cashco from Monday to Friday from 7AM to 8PM MST and Saturday 8AM to 8PM MST.

Cashco Financial Reviews