Simply apply online, select your amount, repayment plan, and provide some personal information, and you’re on your way to getting the funds you need.
Instant Payday Loans
iCASH Provides Instant Payday Loans!
When you need money fast to pay for unexpected bills and expenses, an instant payday loan from iCASH can be a lifesaver. There’s no lengthy waiting like with a traditional personal loan, no time-wasting visits to a lender’s branch office, no phone calls, no faxing or mailing documents, and no hassle.
In fact, the entire process can be completed on the iCASH website, or even on the go via your smartphone with the iCASH payday loan app. for iOS and Android devices, allowing for quick approval decisions, and quick release of funds. What that all means is that you can have up to $1,500 in your bank account in an hour or less from the start of your loan application. Now that’s fast!
But how can you get an instant cash loan in Canada at this speed? How can any company offer this kind of service? With an online process, and no physical branch offices, iCASH is lending for the digital age. We use advanced software to automate the decision-making process in approving your loan application. You can digitally sign your loan agreement. And then, in as little as 5 minutes, funding can be released via e-transfer (often called an email transfer payday loan). And with no more than 5 to 10 minutes of filling out the application and signing the loan agreement.
And all of this speed doesn’t compromise the quality of service at iCASH. We’re committed to being up-front with our customers, as an honest, ethical, and responsible lender. All our interest rates are clearly spelled out on our site and as part of the application and loan agreement process. There are no surprises or hidden fees. All our loan terms are laid out in plain English. And we offer significant flexibility in terms of loan repayment – choose from 1, 2, or 3 installment payments, with no premium or fee difference between those options. When you need to borrow money and would like to apply for a cash advanced loan with fast approval, think iCASH!
20%
CASHBACK
Borrow and Save!
Get up to 20% in Cashback!*
iCASH offers a unique Cashback program to reward its customers. You can get back up to 20% of the cost of borrowing paid once your loan is repaid and receive your Cashback direct into your bank account the same day. Real saving and real Money!*
Applying for an Instant Payday Loan
Apply Online
Instant Approval
iCASH uses advanced automated algorithms to provide you with a quick decision on your loan application. Once you’re approved, you can digitally sign your contract, and you’re good to go!
Instant Money
Completing the theme of instant payday loans, if you choose the e-transfer option, you can have the funds in your bank account in as little as 5 minutes. Funds are released 24/7, so with iCASH, money is available whenever you need to borrow it!
Loan terms vary from - 62days. Maximum APR is 109,50%. For a $300 loan, the maximum total cost of borrowing is of $354.
Interest fees: Alberta $15 per 100, British Columbia $15 per 100, Manitoba $17 per 100, New Brunswick $15 per 100,
Nova Scotia $19 per 100, Ontario $15 per 100, PEI $25 per 100
Interest fees: Alberta $15 per 100, British Columbia $15 per 100, Manitoba $17 per 100, New Brunswick $15 per 100,
Nova Scotia $19 per 100, Ontario $15 per 100, PEI $25 per 100
+ 200 000
members since 2014
members since 2014
93%
of approved applications
of approved applications
4.9out of5
customers would recommend us to their friends
customers would recommend us to their friends
Customer Rating
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Traditional Payday Lenders | Lenders with brokerage fee | |
|---|---|---|---|
| Licensed | |||
| Flexible repayment plans | |||
| Offers cashback program for more savings* | |||
| Paperless | |||
| Free membership benefits | |||
| No hidden charges | |||
| E-transfer in the next 5 minutes | |||
| Get a loan now |
Choose iCASH for Instant Cash Loans
iCASH is a Certified and Licensed Direct Lender
Unlike many other online lenders, iCASH is a fully certified and licensed direct lender. This means that iCASH has been certified to operate in Canada, in all the provinces in which we operate. For consumers who get an instant payday loan, iCASH, you get the full protection of both your local provincial government regulations – it’s lending you can trust.
Did We Mention Speed as in Instant Loans?
When it’s all about speed, and getting money fast, iCASH should be your first-choice for a safe, trusted direct Canadian lender. We don’t use the term “instant payday loans” or “instant cash loans” lightly, but that’s really what we do. The vast majority of our customers receive a virtually-instant approval decision upon submitting their loan application. There’s no waiting for days or weeks to get an answer. When you need to borrow money fast, you usually don’t have time to wait – you need money now! At iCASH, we do everything we can to make sure you get your approval and your funds in your bank account as soon as possible. For most customers, the entire process takes less than an hour, and it often can go even faster.
Instant Payday Loans with Bad Credit
We recognize that not everyone has perfect credit, or even good credit. No reputable lender can offer instant cash advance loans with no credit check in Canada. But, quality lenders like iCASH can promise that your credit score will NOT cause your loan application to be rejected. NO matter what your score, we’ll give you a fair review. Bad credit does not need to be a disqualifying offense. We’re far more interested in your ability to repay your loan, based on your income and the other information we collect during the application process. That’s why many customers with who have not so perfect credit are able to get a bad credit loan with iCASH.
Technology, Safety, and Security You Can Trust
A lot of people worry about the safety of their personal and financial information online, and it’s easy to see why. In this day and age, we hear about high-profile hacks and data breaches on the news all the time. That’s one of many reasons why iCASH has invested considerably in using AES-256. It helps protect your personal and financial information, so you can rest assured knowing your data is safe and secure when you’re dealing with iCASH.
Use Your Funds as You See Fit
There are no restrictions on how you use funds from your short-term loan. Once you have been approved and received your money, you can do with it what you like. Most people use it to pay bills, pay for unexpected expenses, emergency repairs on a car or home, replacing an appliance that has broken down, and so forth. Still others use the funds to pay for gifts, vacations, weddings, or other major happy milestones in life. What you do with the money is your business – enjoy!
What are the eligibility requirements for a short-term loan?
iCASH main focus in lending is to ensure that you can repay your short-term cash advance loan. As such, our criteria are very basic and limited – so long as you meet these basic requirements, you can apply for an instant cash loan from iCASH, and get funded ASAP:
- You must be a Canadian citizen, living in Alberta, British Columbia, New Brunswick, or Ontario.
- Be at least 19 years old.
- Have been receiving the same source of income for at least 3 months.
- Receive a net income of at least $800/month.
- Have a Canadian bank account, opened for at least 3 months, with access to online banking features.
- Have a valid mobile phone, email address, and home address.
What qualifies for the “net income” requirements?
Net income sources for a loan from iCASH can be many different things. Regular paychecks/direct deposits are of course the norm, but by no means the only sources. Child tax, pensions, ODSP, AISH, OAS, and CPP income is all considered net income for the purposes of a loan application. As long as the combined total is greater than the $800/month requirement, these sources of income are all perfectly valid. Just fill out the Employment Details section with your information during the application process, and you can receive all the benefits of a quick decision and fast funding with an iCASH instant cash loan.
How much can I borrow from iCASH?
iCASH can provide between $100 and $1,500 in cash right away. Once you repay the loan, you can apply for another loan. And repaying your short-term loan is easy, too – we offer flexible repayment terms, with installment loans of 1, 2, or 3 payments available. The total amount of your loan approval is based on our automated decision-making algorithms and cannot be increased or modified by the customer or our customer service agents. It may be less than the amount you request during your application, based on the financial data you provide.
What are the interest rates for my loan?
All of our interest rates are fixed, and do not vary based on your personal credit score or how much you borrow. Rather, they are expressed as a rate, a certain amount per $100 borrowed. These rates vary by province, and you can always find the latest rates listed on our website. They are also fully disclosed as part of the application and loan agreement process.
How do I repay my loan?
As part of our loan application process, you agree to repay your loan through the same bank account that we transfer your loan funds into. The repayment date(s) are based on the options you choose for your loan during the application process. This keeps things as simple as possible and requires as little effort on your part as possible. On the chosen repayment dates, the repayment amount is debited from your bank account. Simple, easy, and quick – like every aspect of iCASH!
