Can I repay early and reapply?

Can I repay early and reapply?

You can repay your loan in full at any time without additional fees; however, this will not reduce the total cost of borrowing, and early repayment does not make you immediately eligible to reapply. In Manitoba, you may reapply 8 days after full repayment. In Alberta and Nova Scotia, you can reapply on or after your final scheduled payment due date, as outlined in your loan agreement.

Payments are typically made by pre-authorized debit; however, if eligible, you may repay early via e-Transfer. To set this up, simply log in to your iCash member account, go to the Loan Details tab and look for the Switch to e-Transfer banner. Follow the on-screen instructions to complete the process.

Before sending an e-Transfer payment, you must ensure the arrangement is fully set up. iCash is not responsible for payments sent without a prior arrangement, causing duplicate payments. For assistance, please contact us at [email protected].