Menu
Date Published: September 7, 2026
Table of contents :
Divorce can put a lot of expenses on your plate at once, often before you have the money set aside to cover them. There may be legal fees to pay, a deposit on a new apartment, or movers who need payment upfront.
If you're looking into emergency loans, chances are you need help with one immediate expense rather than the divorce itself. iCash can't help with the legal process, but a short-term loan may help cover that temporary gap. Here, we discuss how it works and when it might make sense.
There's no such thing as a "divorce loan" as a distinct, regulated product. When people search for one, they're usually looking for a short-term loan to put toward a divorce-related cost, like a lawyer's consultation fee or a deposit on a new place. iCash is a licensed online lender. We don't offer a specialty "divorce loan." We offer a standard short-term loan that works for this kind of one-time expense, with the same eligibility, cost, and terms as any other application.
A short-term loan works best against one defined cost.
Common examples include:
● A consultation or filing fee with a family law lawyer
● A rental security deposit or first month's rent on a new place
● Movers, a storage unit rental, or a moving truck
● A short-term gap in shared household bills while things get sorted out
iCash uses the same eligibility criteria for every applicant:
Be at least 18 years old (19 years old for applicants in British Columbia, New Brunswick, Nova Scotia)
Be a resident of any of the provinces in which we operate (AB, ON, BC, MB, NB, NS, PEI).
Show that you have been receiving the same source of income for the past three months.
Have a total net income of at least $800/month.
Have access to an online bank account, in which pre-authorized debits can be performed.*
Have a valid Canadian mobile phone number, address, and email address (VoIP numbers are not accepted)
*Please note that KOHO accounts do not qualify as they do not support pre-authorized debits.
If separation has changed your household finances, you may still be eligible. What matters is your own income now, not the combined income you had while you were together.
iCash offers loans from $100 to $1,500. The cost of borrowing is $14 per $100 borrowed.
Here's an example: A $500 loan costs $70, so you'd repay $570 on your due date.
In Ontario, the annual percentage rate (APR) works out to 365% on a 14-day term and 82.42% on a 62-day term. That rate looks high because it measures a short-term cost against a full year. Your $14-per-$100 cost doesn't change.
Check the numbers for a specific amount before applying with the loan cost calculator.
Applying takes a few minutes, start to finish:
Apply online: Fill out a short application, day or night.
Get an instant decision: iCash reviews your application right away.
Receive your funds by Interac e-Transfer®: Once approved, money can land in your account in as little as two minutes.
The clearest use for a short-term loan is a one-off expense with a defined repayment date. Maybe you've found a new apartment and need the deposit now, but payday is still several days away. You know what the expense is, how much you need, and when you'll have the money to repay it.
If you're likely to need to borrow again for the same reason, that's a sign to consider another option. Ongoing legal retainers, repeated trouble covering household expenses, or unsettled support and asset arrangements don't have the clear end date that short-term borrowing works best for.
If you're facing costs like these, a family law lawyer can walk you through payment options for your case, and a non-profit credit counsellor can help with your full financial picture. Both suit ongoing decisions better than a single loan.
A short-term loan is one option among several, which include:
● Legal aid services in your province may cover or subsidize legal costs if you qualify based on income.
● Non-profit credit counselling can help you build a plan for your full financial picture, not one expense.
● A debt consolidation loan can combine several bills after a move into one predictable payment.
● A car repair loan is built for that specific cost if a car problem is slowing down your move.
● If children are part of the picture, our child tax loans page may also help with related costs.
Behind each review is an experience that matters
Since 2016, we've helped over 1.6 millions Canadians get instant loans online.
Since 2016, we've helped over 1.6 millions Canadians get instant loans online.
Read more reviews.
We help our members
get their finances
back on track
Have more questions? Check out our full FAQ.
