Cash Loans

Instant Cash Loans in Canada

Every now and then we all need just a little bit of extra cash for something really important. It could be for an unanticipated addition to this month’s household expenses, a family vacation, or to invest in that new business you hope to launch soon. Regardless of what the funds are needed for, there are many options in Canada available to you.

Easy cash loans are provided by direct private lenders like iCASH. With this kind of loan, Canadians can borrow anywhere from $100 to $1,500 at a time. Cash loan companies have different repayment deadlines, but generally you will be given one to three pay cycles to settle your loan. For every $100 borrowed on a two-week term, you are responsible for fees of 15% to 25%, depending on the province you live in.

What makes these loans such a great idea is their convenience. They are widely available across the country and meant to put money in your pocket sooner than later.

Advantages of Instant Cash Loans in Canada

We understand that if you haven’t looked into instant decision cash loans before, you might wonder about how advantageous they can be for you. You may even question whether they are an effective solution for the unexpected financial challenge you may be in the midst of.

In reality, instant cash loans bring with them a number of positives. What’s more, they are designed with the intention of assisting you – not putting you further into debt.

When it comes time to borrow money in Canada, you may automatically assume that banks or credit unions are the places to go. This is a fair assumption, as many people’s natural instinct is to visit one of these outlets when money is needed.

However, these traditional financial institutions come with their drawbacks. More specifically, the loan application and approval processes here take a long time. This could mean seeing the interest on your debt continue to grow as you wait. Or, it could mean missing out on buying your teenage child a priced-to-move used car you saw a classified listing for.

If you instead opt for a purveyor of same day loans, you should be presented with an application that takes very little time to fill out. The questions are straightforward, non-evasive, and used by the lender to get a clearer picture of the borrower. Once your application has been submitted, an instant decision will be made.

With fast cash loans in Canada, approval happens at a rapid pace. It is understood that the financing you applied for is needed right away – not tomorrow, the next day, or the day after that.

As soon as your easy instant loan has been signed off on, the money will be e-transferred, or wire-transferred to you. Depending on the lender you borrow from, the funds could be in your possession in a matter of minutes.

If you choose to borrow by using instant emergency cash loans, you can be comfortable knowing that you have made a forward-thinking decision that will benefit you and your family immediately.

Cash Loan Requirements

One major misconception about short-term loans is that they can be hard to find, apply to, and be approved for. The unfortunate part about this perspective is that it could lead to individuals abandoning the idea of such assistance all together, and then struggling to make ends meet.

The truth is online private lenders, payday loan stores, as well as pawnshops, can be found all over Canada. To find a brick-and-mortar cash loan places, your best bet is to search Google for “cash loan near me open now,” to see what is available in your community.

If you would prefer pursuing quick loans online, a number of direct private lenders have customer-friendly websites and mobile apps that will help you borrow money.

Each lender will have its own set of requirements you must meet in order to qualify for a loan. To borrow from us specifically, you need to:

When deciding upon which lender to work with, please ensure that the company is licensed within the province you reside. The regulations they adhere to are meant to keep customers like you properly informed about any fees, as well as any terms and conditions, connected to your loan.

Do note that on occasion you may be approved for a lower loan amount than what you requested. Conscientious lenders will only provide you with an amount of money you will have zero difficulty paying back. If your initial loan is repaid by the date(s) agreed upon, you could be eligible for a re-loan worth a higher dollar amount.

Quick Cash Loans Online

As fantastic as it is to have in-person access to a cash loan store in your city, it is understood that you may be more comfortable securing these safe loans online.

Unfortunately, some physical loan shops are located in neighbourhoods that not everyone is comfortable visiting. We also appreciate the fact that some prospective borrowers would prefer the privacy that comes with applying for urgent cash loans online. No matter which category you fall into here, online alternatives are aplenty.

Considering that you are now able to easily apply for rapid cash loans online, it is worth recognizing the many advantages of going this route:

Thanks to these many perks, we feel going this route is a real luxury for customers targeting the best cash loans in Canada.

Cash Loans for Bad Credit History

As we get older and encounter more financial responsibilities, sometimes it can be hard to keep up – especially when a one-off bill comes from out of the blue. Sadly, this is how some individuals wind up with a bad credit score.

A bad credit score generally falls in the 300- to 599-point range. Having a total in that ballpark can come from a history of not paying bills back on time; defaulting on a debt; appearing in court due to money owed; as well as declaring bankruptcy – among other factors.

When in this type of predicament, banks and credit unions are not the places to turn to. They do not like giving financial assistance to those with poor credit. Modern private lenders like us, however, are far more risk averse and know what everyone deserves the chance to improve their financial situation.

When evaluating applications, we look deeper than just the credit score – several factors are at play. We never disqualify those who need cash loans for bad credit simply because their score is not ideal. In fact, we approve nine out of 10 small loans for people who have bad credit.

These are the two types of fast, easy cash loans for bad credit that we offer customers:

Cash Advance: A short-term loan option in which you pay us back by your next paycheque.
Flexpay: As its name suggests, this particular loan is flexible. It allows you two to three pay cycles to repay what you borrowed. In all, you would have seven to 62 days to settle the loan.

No matter which loan plan you choose through us, the low interest fees remain the same. Just make sure to have enough funds in your bank account for the repayment date(s). Otherwise, a non-sufficient funds charge will be given.

Considering that the express loans we offer go from $100 to $1,500, you should have no trouble meeting the repayment deadline you select. We have designed our reliable instant loans to assist you, not to cause you additional financial grief.

What’s more, our loans are unsecured. This means that if you pursue same day cash loans online for bad credit with us, you won’t have to put up any collateral to get one.

Secured loans through certain other lenders would require you to put up a valued item (i.e. fine art, jewellery) to receive funds. You would only get your item back after repaying the loan. This is a practice most famously used by pawnshops.

We also offer instant approval cash loans for bad credit. Once your application has been filled out and submitted, you will be only moments away from getting the funds you need.

We aim to assist those with good credit and bad credit. As a smart payday loans alternative, it is our duty to help get you back to living without any monetary hiccups.

How to Get a Cash Loan Fast?

iCASH is exclusively an online lender in Canada. Seeing as we do not have storefront locations, you never have to worry about applying for assistance only during business hours. Rather, you are able to apply for a payday advance with us any hour of the day, any day of the week.

Here is how to go about that:

Running into a brief financial obstacle can be a very stressful event for some people. We do not think the process of overcoming that should feel the same. We take pride in offering you 24/7 cash loans online in a swift, hassle-free manner. With us, you can trust that money will get to you right when it is needed.