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6 loans like Dave, Brigit and EarnIn in Canada

Check out these instant loan alternatives.

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Nyble Credit Line

Nyble Credit Line logo
  • Access up to $150 to build credit
  • No credit history required
  • No interest or required fees
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Dave, Brigit and EarnIn are mobile banking apps that provide access to cash advances of up to $500, with no interest charges or credit checks to worry about.

Unfortunately, these providers aren’t available in Canada. So if you need access to a small loan fast, check out these instant loans like Dave, Brigit and EarnIn.

Cash advances like Dave, Brigit and EarnIn in Canada

1. Nyble Credit Line

Nyble Credit Line
Not yet rated
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Nyble Credit Line

$30 – $150
Loan amount
Starting at 0%
APR
30 days, extendable
Term
Apply online for an interest-free line of credit of up to $150 to cover small expenses and build your credit. Get funds in 1-3 business days with a free account. For $11.99 per month, get access to premium services, including funding in 1-30 minutes, a free Equifax credit report and identity theft protection.
  • Easy to use
  • Bad credit doesn't matter
  • No interest or late fees
  • $11.99 per month for fast transfers, full credit report and other premium perks
  • Small loan amounts only
Loan amount $30 – $150
APR Starting at 0%
Term 30 days, extendable
Fees No interest or fees to access credit line, optional $11.99/month membership to get premium services such as instant funding
Turnaround time 1-30 minutes with a paid membership or 1-3 business days with a free membership.

2. Bree Early Pay

Bree Early Pay
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Bree Early Pay

$20 – $250
Loan amount
Starting at 0%
APR
Next pay cycle (61 days max.)
Term
Bree is a cash advance service that lets you borrow up to $250 to help get through to your next paycheque. You can apply within minutes and there are no interest charges, but you'll need to pay a fee if you want an instant transfer.
  • Simple application process
  • No interest charges
  • No credit checks
  • Monthly membership fee if you want to use Bree's budgeting tool
  • Fast transfers not available unless you pay a fee
  • You have to connect your bank account to Bree's app
Loan amount $20 – $250
APR Starting at 0%
Term Next pay cycle (61 days max.)
Fees No interest or fees to access cash advance, fee for express funding (varies based on advance)
Turnaround time Within 8 hours for the express option (fee charged based on advance amount) and up to 3 business days for standard delivery

3. KOHO

KOHO Cover
Not yet rated
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$20 – $250
Loan amount
Starting at 0%
APR
Flexible
Term
Get a zero-interest cash advance ranging from $20 to $250 when you pay a subscription fee starting at $2/month. You'll need a KOHO account to access this service. Full Review
  • No late fees
  • Zero interest
  • No impact to credit score:Free financial coaching available
  • KOHO account required
Loan amount $20 – $250
APR Starting at 0%
Term Flexible
Fees subscription fee starting at $2/month
Turnaround time Immediately
Serviced provinces All provinces and territories
⚠️ Warning: Be cautious with payday loans
High-cost payday loans are unsustainable for borrowing over a continued period of time and are expensive as a means of longer-term borrowing. View payday costs and regulations by province here. If you're experiencing financial hardship call Credit Counselling Canada for free financial counselling (Monday-Friday 8:00am-5:00pm at +1 866-398-5999). You may also want to consider payday loan alternatives.

Payday loans like Dave, Brigit and EarnIn

1. iCash

iCash Payday Loan

$100 – $1,500
Loan amount
7 – 62 days
Loan Term
2 minutes
Min. Turnaround Time
Next on our list of instant loans like Dave, iCASH is an online payday lender available 24/7. It's possible to access a payday loan within an hour from iCASH and bad credit is accepted.
  • Apply, get approved and get funded 24/7
  • Fast access to funds
  • Flexible eligibility requirements
  • High cost of borrowing
  • Short loan terms
  • Not available in all provinces
Loan amount $100 – $1,500
APR Varies by province
Term 7 - 62 days
Min. Turnaround time As little as 2 minutes with INTERAC e-Transfer®
How to apply Online
In Store
Credit Check Yes

2. Cash Money

Cash Money Payday Loan

$100 – $1,500
Loan amount
5 – 40 days
Loan Term
15 minutes
Min. Turnaround Time
Cash Money provides payday loans and lines of credit. You can apply online, at a local store or over the phone, with funds available via e-transfer and other methods.
  • Range of loan sizes available
  • Easy to apply
  • Fast approvals
  • High APRs
  • Not available in all provinces
  • Your credit score may be affected
Loan amount $100 – $1,500
APR Varies by province
Term 5 - 40 days
Min. Turnaround time As little as 15 minutes with INTERAC e-Transfer®
How to apply Online
In Store
Credit Check Yes

3. PAY2DAY

PAY2DAY Payday Loan

$300 – $1,500
Loan amount
Up to 62 days
Loan Term
60 minutes
Min. Turnaround Time
Pay2Day is a payday lender offering loans of $300–$1,500. You can apply online or in store, with online approvals and funding available 24/7.
  • Apply online or in store
  • Get funds via e-transfer in 1&ndash
  • 2 hours
  • Bad credit accepted
  • Not available in all provinces
  • High cost of borrowing
  • Short loan terms
Loan amount $300 – $1,500
APR Varies by province
Term Up to 62 days
Min. Turnaround time Within 1-2 hours via e-Transfer once approved
Credit Check No
Maximum borrowing costs of payday loans per province
Always refer to your contract for exact repayment amounts and costs.
Province Max. cost of borrowing a $100 payday loan Cooling off period to cancel loan Max. penalty for returned cheque or pre-authorized debit
Alberta $15 2 business days $25
British Columbia $15 2 business days $20
Manitoba $17 48 hours excluding Sundays and holidays $20
New Brunswick $15 48 hours excluding Sundays and holidays $20
Newfoundland and Labrador $14 2 business days $20
Nova Scotia $15 Next business day (2 days for online loans) $40 (default penalty)
Ontario $15 2 business days $25
Prince Edward Island $15 2 business days N/A
Quebec Limit of 35% AIR N/A N/A
Saskatchewan $17 Next business day $25

How do loans like Dave, Brigit and EarnIn work?

Apps like Dave, Brigit and EarnIn offer short-term loans that allow you to access a portion of your next paycheque, usually between $100 and $500, before you receive it from your employer. This fast access to cash is designed to help you cover any emergency expenses that arise before your next payday. Other similar providers include MoneyLion and Chime.

At the time of writing, Dave, Brigit, EarnIn, MoneyLion and Chime are not available in Canada.

No credit check

There’s typically no credit check to apply, but you’ll need to connect your bank account to the pay advance app. The lender will then assess how much you’re paid and how often to determine the amount you qualify to borrow.

Instant loan for a fee

The funds you borrow are typically available instantly, sometimes for a fee, and you can use the cash to cover your unexpected expenses. No interest is charged on the cash you borrow and your loan repayment is automatically deducted from your bank account when you get your next paycheque.

Many providers don’t charge any late fees, but there may be a monthly subscription fee to access cash advances. Other apps give you the option to leave a tip if you’re happy with the service they provide.

Pay advance apps vs payday loan apps: What’s the difference?

Pay advance apps in Canada allow you to borrow a percentage of your salary before it is actually paid into your bank account. On the other hand, payday loan apps are designed to make it convenient to apply for a short-term loan.

Payday loans allow you to borrow up to $1,500 and then repay it over a short period. Terms of up to 62 days are available, but in many cases, the loan repayment will be due on your next payday (hence the name).

Along with short loan terms, the main feature of payday loans is that they’re extremely expensive. Provincial regulations restrict how much lenders can charge you, but you’ll pay $14 to $17 for every $100 borrowed. This commonly results in APRs of 300–400% or more, so it’s worth considering other options before applying through a payday loan app.

How much will a $100 loan cost for loans like Dave, Brigit and EarnIn vs payday loans?

To help you get a better idea of the costs involved, let’s take a look at how a pay advance app compares to the total cost of repaying a $100 loan in Ontario.

Pay advance appPayday loan
Loan amount$100$100
Loan term7 days7 days
Cost of borrowing$10.98 ($7.99 monthly fee + $2.99 fee for instant cash)$15 per $100 borrowed
Total cost$110.98$115

What to watch out for with payday loans

If you’re thinking of applying for a payday loan, make sure you’re aware of the risks involved with this sort of financing:

  • High cost of borrowing. Payday loans are an extremely expensive way to borrow money and commonly have APRs of 300% or more. That’s why it’s important to consider a range of payday loan alternatives before choosing this type of loan.
  • Short loan terms. Payday loans are designed to be paid back quickly, often on your next payday. These short terms can make it very difficult to find room in your budget to repay what you borrow. This could lead you to take out another payday loan to pay off the first loan and you could soon be stuck in a cycle of debt.
  • Sketchy lenders. The payday lending sector also attracts its fair share of disreputable lenders. Make sure you only ever deal with a lender who is licensed to provide payday loans in your province. Watch out for any red flags that could indicate a payday loan scam.

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