How much would you like to borrow?

How many repayments?

Where do you live?

Lender licences
Get my loan
+ 300 000
members since 2014
93%
of approved applications
4.9out of5
customers would recommend us to their friends


Customer Rating

Quick Loans Canada

Quick loans in Canada are short term loans that are up to $1,500 and are designed to assist you with instant funds to cover unexpected expenses or emergencies.

Traditionally, the process of taking out a loan has been a long and arduous one. Travelling to a bank branch office or loan store, filling out lots of paperwork, and then the stressful waiting for an approval decision can be overwhelming.

Not to mention, it can take hours, days, or even weeks to get cash – especially if a loan requires collateral, which must be valued by an assessor. It’s all too much for many people, especially when time is of the essence. Waiting days or weeks is not always an option and can make many financial situations worse rather than better. That’s where quick loans in Canada can help.

When Canadians say to themselves, “I need a quick loan today,” they often turn to private, short-term lenders rather than banks. These companies specialize in unsecured (no collateral required) quick loans in Canada. Direct lenders make it fast and easy to qualify for an unsecured personal loan. Getting the funds a borrower needs to handle their urgent financial problems ASAP while avoiding many of the stresses and complications inherent with conventional loans.

Borrowers who are approved for a quick loan in Canada receive a lump sum of cash from $100-$1,500. They can put these funds to work right away in whatever way makes the most sense for them, based on their finances, expenses, and goals. The short-term nature of most quick loans means that in a few weeks to 62 days, they must be repaid, along with interest.

Application, approval, and funding processes can often be completed several times faster than with a conventional lender. Coupled with high approval odds, this means that many Canadians seeking quick loans can complete the entire process, from the start of the application to funding, in one day or less!

There are many emergency financial situations where the speed of obtaining funds is a top concern. Most often, these loans can also be called emergency loans, as that is one of their primary uses. Paying for travel, lodging, and other expenses related to personal or family emergencies is a common use.

Others include similar urgent or unexpected bills, such as a broken-down car or home appliance, critical home repairs, urgent medical bills, and those kinds of financial burdens.

Whatever a person’s needs may be, quick loans in Canada can be found from two primary sources: brick-and-mortar loan stores, which are limited mainly to major cities, and online lenders.

Quick Loans Online

Quick Loans Online

Quick loans online are a faster and more convenient option than traditional loans. Online loans aren’t functionally different from those offered in loan stores – they still provide cash proceeds, don’t require collateral, and have loan terms of weeks to months.

But while they offer benefits and advantages over conventional bank loans, the online variant offers further benefits over their brick-and-mortar loan store counterparts. These mostly fall under the categories of making same day loans more accessible, faster, and more convenient to obtain.

To start, one of the advantages of these loans is that borrowers can apply for a quick loan online. There’s no need to spend time making an appointment, traveling to a loan place or bank branch office, or anything like that. That’s a definite bonus when the weather is poor or for people who live in more rural or remote areas.

Next, rather than being limited to bankers’ hours or someone else’s schedule, quick loans online allow customers to apply, get approved, and get funded any time, day or night. All it takes is a smartphone, tablet, or computer and a working internet connection.

Further, the real-time commitment to apply for a quick loan online is very minimal. Top direct lenders use simple online applications, which take most users 10 minutes or less to complete. Also, there are no paperwork requirements, and everything is digital – nothing to scan, mail, or fax. Following a first-time application, the process goes even faster.

Today, online transactions are so common that most customers are quite comfortable with online banking and lending. Lenders offering quick loans online are committed to keeping customer information entirely safe and confidential.

Online companies use top-quality encryption technology and other controls to ensure the application, funding, and repayment processes are secure. Convenience and speed don’t need to come at the cost of security!

Once the application is completed, the next step in how to get a quick loan online is the approval process. Leading online lenders provide instant approval – meaning the wait time for borrowers is about a minute or less. Compared to the hours, days, or weeks of a conventional lender, this is a huge boon on the time savings front.

Likewise, for those who are approved, the digital loan agreement can be signed electronically and instantly returned – all with just a few clicks.

Finally, funds are released within minutes. Most customers approved for an instant money loan can get funded the same day as they apply. In some cases, even quicker funding options are available, providing funding the same hour or even in minutes after completing the application process.

There’s also online self-help, professional customer support, and even promotions and membership benefits at some top online lenders.

In short, there’s no better way to access cash funds ASAP than with quick loans online!

Quick Loans for Bad Credit

Quick loans for bad credit allow Canadians to borrow money regardless of their credit score. Often, Canadians who have a poor credit rating, limited or no credit history, or have otherwise struggled with their finances in the past have the most trouble accessing quick cash.

In fact, given the lending practices of most financial institutions, those with bad credit are typically locked out from accessing loans or credit products. This seems absurd, as those who are struggling are usually most in need of easy access to fast cash loans to improve their financial situation.

Fortunately, obtaining quick loans for bad credit scores bypasses many of these restrictions and puts cash in the hands of those who need it most.

The concept of credit scores is straightforward enough – to provide a simple metric by which lenders can gauge the risk associated with giving a loan to a given borrower. In practice, however, there are many flaws in this system.

The net result is that many banks and conventional lenders only lend to people with good credit rating, leaving as many as ¾ of all applicants unable to qualify for a legit loan. For those customers with no credit history, they’re usually out of luck too.

Firms offering quick loans online have sought to change this paradigm. Rather than relying on credit score, they use other metrics to determine risk and eligibility for a loan. They realize that a payday loan can be responsibly used, even by those who may have had financial troubles in the past, or have yet to create a credit history.

Most often, income, stability, and similar factors are the primary arbiters of qualifying for a quick loan for bad credit.

That’s not to say that quick loans for people with bad credit don’t require a credit check. Almost all reputable lenders perform a credit check during the application and approval process. The difference is that in the case of online loans, the credit check is used to verify the applicant’s identity and the information provided on the application – not to determine approval or rejection.

Top online lenders will never reject an applicant for a loan solely due to a poor credit score or lack of credit history.

Online lenders usually have very minimal or no minimum credit score requirements in the first place. That way, even customers who have been rejected by banks or traditional lenders can still qualify and apply for a quick loan with bad credit.

Because the best quick loans for bad credit are unsecured, with no collateral requirements, they are among the most accessible loans for customers with poor credit history.

Need a Quick Loan Approval?

Customers in need of quick loan approval and fast funding in Canada can best be served by visiting an online lender. So long as they meet the minimum requirements for eligibility at their chosen lender, they have an excellent chance of receiving approval and their loan funds.

iCASH offers quick loans with instant approval, no collateral requirements, no minimum credit score, and one of the most straightforward online loan applications around. It’s one of the fastest ways to get funded and avoid the long waits or limited hours of other lenders.

Most customers can apply in just minutes, get approved, and get funded the same day – or even within the hour in some cases.

To qualify for quickly approved loans in Canada, customers need to:

· Be at least 19 years of age
· Have Canadian citizenship and reside in Alberta, British Columbia, New Brunswick, Ontario, Manitoba, Nova Scotia or Prince Edward Island
· Show that you have been working with the same employer for the past three months
· Have a net income of at least $800/month
· Receive your paycheques via direct deposit
· Have a Canadian bank account that has been open for a minimum of three months
· Provide a valid mobile phone, email address, and home address

The process of applying for quick loan approval is simple. You’ll need to login on to your account or download our loan app on your iOS or Android device. From there, you can select your desired loan amount, repayment options*, and begin the application process. Then, you will need to complete some digital forms, which will ask for personal details, residency information, and so on.

You will also need to provide your employment and income details, as well as bank information. For most customers, completing this set of digital forms takes only about 10 minutes.

After applying, the next step is the instant approval process. In about a minute, the automated software reviews your loan application, performs a credit check, validates the information and your identity. The result is an approval decision and approved loan amount.

Then, you will get a digital loan agreement to review and sign electronically. After sending it back to us, your loan funds will be sent to you via email money transfer. When you choose direct deposit for funding, you can get your cash in about one business day.

When you’re in a time crunch, there’s no faster way to get a quick loan in Canada today than with iCASH!

We also provide quick loans in these provinces of Canada

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

Smart Phone


Quick Approval Loans
Get up to $1,500!

Try our mobile application!

Sign up with our free app and access your account anywhere.

4.6 / 5 STARS
2759 Rating
4.8 / 5 STARS
5.4K Rating

Apply for a Quick Loan in Canada!

APPLY ONLINE
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 LOAN APPROVAL
Instant Decision

As soon as you send us your quick loan application. You’ll receive instant approval on your personal 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 SAME DAY FUNDING
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 an instant loan can be accessed anytime, day or night, 24/7. Safe, loans online with same day funding.

Minimum repayment period 61 days. Maximum repayment period 62 days. 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 $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.

Quick Loans Canada FAQs

Where can I get a quick loan with bad credit?

Leading online lender iCASH offers quick loans for bad credit in Canada. Even people with poor credit, limited credit history, or no credit history at all can get a quick loan online with us.

Because we don’t reject applicants due to poor credit scores, so long as you meet the minimum eligibility requirements, you have an excellent chance of being approved – even with poor credit. Simply put, there is no minimum credit score requirement to qualify with us.

How can I get a quick 500 dollar loan?

The best way to get a quick $500 loan is to go to iCASH’s website or download and use our quick loan app.

Borrowers can select their desired loan amount, up to $1,500, as well as their preferred number of repayment installments*. In under an hour, you can have your $500 loan, ready to use as you see fit.

Can I get a quick loan with no credit check?

Some lenders advertise quick loans with no credit checks. However, this is a questionable practice, as almost all reputable lenders perform a credit check during a loan application.

The main difference is that top online lenders like us don’t use the credit check simply to check your credit score. Instead, we use your credit report to validate the information provided in your loan application. That means you can get a quick loan with no credit history.

Where can I get a quick loan online on the weekend?

You can get a weekend loan online with iCASH. Unlike banks and traditional lenders, which may only be open during business hours on weekdays, we use automation and machine learning technology to offer our services 24/7/365, entirely online.

There’s no need to bend your schedule to meet someone else’s convenience. You can apply, get approved, and get funded – right from home or even on the go – at whatever time and date makes the most sense for you.
20% CASHBACK

Borrow and Save!
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 loan is repaid and receive your Cashback direct into your bank account the same day. Real saving and real Money!*

iCASH logo 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
iCASH loans NOW OPEN
24/7