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Fast Online Installment Loans

Borrowing money online is one of the quickest and most convenient ways to get access to quick cash for emergencies or unexpected expenses. It's also handy to have the option of getting a loan that allows for installment payments, giving you more flexibility when it comes to repaying your debt.

iCASH offers installment loans in Canada, and they are available for whenever you may need money. Our installment loans allow you to borrow up to $1,500 and pay it back in 2-3 installments. This can help spread out the payments and make them more manageable.

These types of loans provide an easy way to get cash in an instant . You can apply online and, if approved, get your money sent via e-Transfer within minutes. Plus, our flexible repayment options make it easy to pay back your loan on your terms.

You can apply for an installment loan by using our quick and convenient mobile app or by filling out our online personal loan application form. There's never been an easier way to get access to fast cash that can be sent to you within minutes. Please note that due to government regulations, personal loans in Ontario and Nova Scotia can only be approved for 1 repayment.

Installment Loans

Our Easy Installment Loan Process

Applying for online installment loans in Canada is a quick and easy process. It's not about filling out a bunch of paperwork or waiting in line at a bank. You can apply for iCASH installment loans with instant approval from the comfort of your own home within minutes.

For most customers, you can apply and get up to 3 repayments, which you have the option of repaying over a 62-day period. It's that simple, and you won't expect any hidden fees or charges.

To apply with iCASH, you'll need to follow our easy 3-step installment loan process below:

1. Apply Online

You can apply online or through our mobile loans app any time of the day or night. All you need to do is fill out our short and easy application form and provide us with some basic information about yourself and your income source. We'll also need to know how much money you need and when you'll be able to repay it.

2. Get Instantly Approved

Once you've submitted your paperless application, we'll review it and immediately let you know if you're approved. If you are, we'll send your installment loan via e-Transfer, 24 hours a day, 7 days a week. With an approval rate of 93%, chances are good that you'll get the money you're looking for.

3. Get Your Installment Loan

After you've been approved and have received your money, you can use it for whatever you need. There's no need to worry about how you're going to repay the loan all at once. That’s the beauty of installment payments that can be paid over a period of time.

Getting an installment loan online in Canada is an ideal way to borrow money. And with iCASH, you can get the money you need without any stress or hassle. So why wait? Apply now and get cash in your pocket to make your payments today.

Why Canadians Choose iCASH For Installment Loans

At iCASH, we understand that every Canadian's needs are different. That's why we offer a variety of different short term loan options, including installment loans, emergency loans, weekend loans, etc. This way, you can find the perfect loan for your specific needs.

Some of the major benefits of choosing iCASH for an online installment loan in Canada include:

Secure Online Platform

When you're applying online for payday installment loans, it's important to feel confident that your personal information is safe and secure. That's why we use 256 bit SSL encoded bank-level security to protect your data. This means that your information is encrypted and can't be accessed by anyone other than authorized personnel. So you can rest assured knowing that your information is safe with us.

Quick and Easy Application Process

Our online loan application process is quick and easy, so you can get the money you need without any hassle. All you need to do is fill out our short online application, and you can be approved in minutes. Plus, there's no need to fax or mail in any documentation.

Flexible Repayment Options

One of the biggest conveniences of online installment loans is that they offer flexible repayment options. That means you can make up to 3 payments over 62 days. Which allows you to repay your loan on your own terms, without having to worry about one large payment. There are also no prepayment penalties, so you can pay off your loan early if you want to.

High Approval Rate

Our approval rate is 93%, which means that there's a good chance you'll be approved. We work with a variety of customers who come from different financial backgrounds and have different needs. So whether you have good credit, bad credit, or no credit at all, we may be able to help you get the money you need.

Minimum Requirements To Get An Installment Loan

Everyone's financial needs are different, which is why we offer installment payday loans to our customers. These easy loans are a great option for those who need a little extra money to cover unexpected expenses or who need help making ends meet until their next payday.

To get an online installment loan from iCASH, you must meet the following criteria:

  • • You must be at least 19 years old.
  • • You must be a Canadian citizen.
  • • You must have been receiving the same source or mix of incomes for the past 3 months.
  • • You must have a minimum combined net monthly income of at least $800. This is the cumulative total required from all wages, tips, federal child tax benefits, federal and provincial social assistance programs, pensions, and so on.
  • • You need to hold a valid Canadian bank account that has been open for at least 3 months, with access to online banking for installment loans in Canada.
  • • You must be a resident of the provinces to which we offer installment loans.
    Note that these types of loans are not available in Ontario and Nova Scotia.

Another great benefit of getting an installment loan from iCASH is that there are no hidden fees or charges. As long as you repay your loan on time, the only fee you'll ever pay is the interest on your loan. And our rates are some of the most competitive in the industry. So when you're comparing short term loans, be sure to compare the total cost of the loan, including interest and fees.

As a borrower, you may also be looking for no refusal installment loans in Canada. While we can’t guarantee approval, as long as you meet the minimum requirements there's a good chance you'll be approved for an installment loan from iCASH. With over 600,00 customers served and a 93% approval rate, we are one of the leading direct lenders in Canada. We’ll work with you to get the financial assistance you need.

Bad Credit Loans With Installments

Many people will struggle with financial challenges at some point in their lives. Whether it's an unexpected bill or a temporary loss of income, there are times when we all need a little extra help making ends meet. That's where installment loans for bad credit come in.

These short term loans are a great option for those who have bad credit or no credit because they offer flexible repayment options and high approval rates. We work with everyone to find the best loan based on their individual financial needs and situation. And while we do perform a credit check on all of our applicants, it won't affect your credit score or your chances of being approved. 9/10 of our applicants are approved!

You also may be wondering if there are any no credit check installment loans available in Canada, but the truth is, most reputable lenders will not offer no credit check loans. All licensed lenders, including iCASH, are required by Canada law to perform a credit check on all applicants.

We do, however, understand that your credit score is not always an accurate reflection of your ability to repay a loan, which is why we consider other factors when approving personal loans for poor credit in Canada. It's not about your past or if you have poor credit history, it's about helping you get the money you qualify for right now.

All Types Of Income Accepted

If you're looking for installment loans on EI, we can help. We work with all types of applicants, including Canadian’s who are unemployed, self-employed, or on a fixed income.

Simply put, our personal loans are available to everyone, no matter what your financial situation is. We accept all types of income, including child tax benefits, employment insurance (EI), and other government assistance programs. This helps people who are struggling financially to get the money they need without having to worry about being turned down because of their income source.

If you're looking to get installment loans online that accept child tax benefits, or any other type of loan on non-traditional income, here's the full list of what is accepted:

  • • Employment income
  • • EI
  • • Child Tax Benefits
  • • CPP
  • • Disability Income
  • • Old Age Security

If your income falls into any of the categories above, you may be eligible for an instalment loan from iCASH. To learn more about how we can help you get the money you need, our customer service team is available 24/7 to answer all of your questions.

Get An Installment Loan Today

If you're looking for online instalment loans, iCASH is your go-to provider. With flexible repayment options and high approval rates, we are here to help our customers with their financial needs - whatever they may be.

Because we work with all types of applicants, including those who are unemployed or on a fixed income, we can offer 24/7 installment loans online to almost everyone in Canada. So if you need some extra help making ends meet, consider applying for a loan from us today.

With over 600,00 happy clients, we are confident that we can help you too. Apply now and you could get e-Transfer installment loans of up to $1,500 sent to you as soon as today. Never worry about not having enough money to pay for an unexpected expense or basic necessities again.

We also provide installment loans in these provinces of Canada

in Alberta, British Columbia, New Brunswick, Ontario, Manitoba, Nova Scotia, Prince Edward Island.

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How to Apply for Installment Loans in Canada?


Apply Online

Apply in a few simple steps and get the money today. Complete the quick and easy loan application on our website – provide some personal information about yourself, select the amount of money you need, and the loan repayment schedule*.


Instant Decision

As soon as you send us your online loan application. You'll receive instant approval on your online loan 24/7 so you can take care of anything that life throws your way. Quick, easy, trustworthy loans from a licensed Canadians lender.


Get Fund

Your money will be sent to you via e-transfer in 2 minutes or less. Email money transfer means that the funds from a payday loan can be accessed anytime, day or night, 24/7. Safe, loans online with same day funding.

Maximum repayment period 62 days. APR is 109.50%. On a $500 loan of 14 days, the total cost of borrowing is $75, with a total payback amount of $575 and an APR of 391.07%. Interest fees: Alberta $15 per 100, British Columbia $15 per 100, Manitoba $17 per 100, New Brunswick $15 per 100, Nova Scotia $17 per 100, Ontario $15 per 100, PEI $15 per 100. 372 Bertha Street, Hawkesbury, Ontario, K6A 2A8. iCASH only offers online services. Please note that we cannot accept customers or conduct any transactions from this location.
Payday Installment Loans
Get up to 20% in Cashback!*

iCASH offers a unique Cashback program to reward its customers in Canada. You can get back up to 20% of the cost of borrowing paid once your installment loan is repaid and receive your Cashback direct into your bank account the same day. Real saving and real Money!*

Frequently Asked Questions About Our Installment Loans

What is an installment loan?

An installment loan is a type of loan in which repayment of the principal and interest takes place through multiple payments spread over the life of the loan. This contrasts with other types of personal loans where a single lump-sum repayment is made at the end of the loan term.

Installment payments are typically divided into equal amounts, spread equally over the loan term.

Where can I get an installment loan?

Loans repayable in installments may be available from banks, payday loan stores, and online lenders. Many kinds of personal loans can be repaid in this way. However, most people seeking installment loans, especially online, are looking for a particular type of short-term loan.

These are best obtained from online lenders like iCASH, which specialize in short term loans of up to $1,500, with terms of a few weeks to a few months. Depending on the province you live in, you can choose between 2 or 3 installment repayments or a single lump-sum repayment. Regardless of which choice is made, the interest rate on the loan will remain the same.

How to get an installment loan with bad credit?

The best way to get an online personal loan with bad credit is to choose a private lender with no minimum credit score required to qualify. Since iCASH won't reject customers with the basics of a poor credit score, you have the best approval odds to obtain your loan successfully.

It doesn't matter what your credit score may be or whether you have a limited or even no credit history. As long as you meet the other eligibility requirements, it's likely that you'll be approved for a personal loan for bad credit.

What is an unsecured installment loan?

An unsecured installment loan does not require you to put up collateral to back up your loan. You don't need to wait for weeks to have collateral valued to obtain the loan. There's no risk of losing your home, car, or other collateral assets if you fail to repay your loan. That's why many people prefer unsecured payday loans over their secured counterparts.

Will iCASH Installment loans affect my credit?

This really will depend on how you manage your loan and repayments. For example, if you make your payments on time and in full, then it is likely that your credit score will improve. On the other hand, if you miss payments or default on your payday loan, this will hurt your credit score.

It's important to remember that iCASH is a responsible lender. We will only lend you as much as you can afford to repay. We will also work with you to create a repayment schedule that suits your needs and budget. This helps to ensure that you can make your payments on time and in full, without any negative impact on your credit score.
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