Cash 4 You is a well-known lender in Canada, offering quick payday and installment loans online and in person. However, their installment loans are only available in Ontario, and their payday loans are limited to ON and BC, so borrowers in other provinces will need to consider alternatives.
Fortunately, several other lenders across Canada offer loans like Cash 4 You, making it easier to find financing that meets your needs.
Summary of loans like Cash 4 You
KOHO: If you’re looking for a no credit check loan
Loans Canada: If you’re looking for an installment loan
Like Cash 4 You, KOHO provides quick access to funds, but it works a little differently. Create a KOHO account and pay from $2 a month for KOHO Cover, giving you access to a renewable cash advance up to $250. Unlike Cash 4 You, KOHO doesn't charge traditional payday loan interest rates, making it a lower-risk option for short-term cash.
No credit check or proof of income required
Low fees
Instant access to funds
Available nationwide
A KOHO account is necessary
Low loan amount
Loan Amount
Up to $250
APR Range
Starting at 0%
Loan Term
Flexible
Serviced Provinces/Territories
All provinces and territories
Turnaround Time
Immediately
Fees
0% + monthly fee from $2
Requirements
KOHO account—access higher loan amounts over time by using KOHO for everyday spending, repaying your monthly fees and using its other services
If you’re looking for an installment loan: Loans Canada
Although Cash 4 You and Loans Canada both offer installment loans, Loans Canada is a loan comparison platform rather than a direct lender like Cash 4 You. All you have to do is fill out one online application, and you'll be matched with lenders in Loans Canada's network who are willing to offer you personalized financing. In addition to personal installment loans, Loans Canada has car loans, business loans, home equity loans, debt relief and insurance.
Variety of loan types
Any credit is accepted
Loans up to $50,000 available
Flexible repayment terms
High rates ranging from 8.99% to 35%, depending on the lender
Requires more time for approval and funding than payday loans and cash advances
Loan Amount
$500 – $50,000
APR Range
8.99% – 35%
Loan Term
4 - 60 months
Serviced Provinces/Territories
All of Canada
Turnaround Time
Receive funds in as little as 24 hours.
Min. Credit Score
300
Fees
No application, origination or brokerage fees
Requirements
Canadian resident, age of majority in your province of residence
Nyble isn't a lender like Cash 4 You, but a fintech created to help borrowers improve their credit score. Nyble offers a $30 – $250 line of credit with no interest, no credit check and no deposit requirement. It also reports your payments to the credit bureaus. As long as you pay on time, you can improve your credit score.
Free basic account
No interest or late fees
Available nationwide
You need to pay $11.99 per month for additional features like credit monitoring and instant payments
Very low loan amount
Loan Amount
Up to $250
APR Range
Starting at 0%
Loan Term
31 days, extendable
Serviced Provinces/Territories
All provinces and territories
Turnaround Time
1-30 minutes with a paid membership or 1-3 business days with a free membership.
Fees
0%
Requirements
You must be 18 years or older and have a minimum monthly income of $1,000.
If you’re looking for a 24/7 payday loan alternative: Bree
While Bree doesn't offer traditional payday loans like Cash 4 You, it does provide a small cash advance of up to $500 with no interest, which you typically have to pay back by your next paycheque. Bree offers this service to help borrowers avoid overdraft fees. There are no fees if you opt for three-day delivery, but if you need instant funding, Bree charges $2.99 per month plus a fee for every transfer.
No interest or fees
Mobile app available for Android and iOS
No credit check required
Monthly membership fee of $2.99 if you require instant funding
Maximum loan term is 65 days
Loan Amount
Up to $500
APR Range
Starting at 0%
Loan Term
Next pay cycle (90 days max)
Serviced Provinces/Territories
All provinces and territories
Turnaround Time
Receive funds within 5 minutes with express delivery (the fee is based on the advance amount) and within 1 to 3 business days for standard delivery.
Fees
0%
Requirements
You must have a bank account with regular income deposits and a Visa or Mastercard debit card with a CVV
⚠️ Warning: Be cautious with payday loans
High-cost payday loans are unsustainable for long-term borrowing, with up to $14 charged per $100 borrowed. If you're experiencing financial hardship, consider calling 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.
iCash is an online lender that offers payday loans like Cash 4 You, but in seven provinces 24/7, making it useful if you need cash in an emergency. You can borrow up to $1,500 and receive funds within minutes at any time, unlike Cash 4 You, which only approves payday loans and sends funds during business hours.
24/7 instant approval and funding
Loyalty program that offers cashback
Accepts bad credit
Only available in BC, Alberta, Manitoba, Ontario, Nova Scotia, New Brunswick and PEI
Credit check required for verification
Loan Amount
Undisclosed
APR Range
Undisclosed
Loan Term
7 - 62 days
Turnaround Time
As little as 2 minutes with Interac e-Transfer
Min. Credit Score
300
Requirements
- At least 18 years old (for applicants in Alberta, Manitoba, Ontario and PEI) - At least 19 years old (for applicants in British Columbia, New Brunswick and Nova Scotia) - Canadian resident in a province that iCASH services - Valid cell phone number, address and email address - Net income of at least $800/month deposited into bank account - Receiving the same source of income for the past 3 months - Have a Canadian bank account that's been open for at least 3 months with online banking
If you only have an alternative source of income, such as a pension or government benefits, you may not be approved for a payday loan from Cash 4 You, as they require you to be employed. However, Cashco provides payday loans and accepts various types of income.Cashco also offers payday loans in Alberta, British Columbia, Saskatchewan, Ontario and New Brunswick, making it a more accessible option than Cash 4 You.
Accepts alternative income sources
Multiple loan types available
In-branch and online service
No credit check required
High cost of borrowing on payday loans
Not available in every province
Loan Amount
Undisclosed
APR Range
Undisclosed
Loan Term
Up to 62 days
Turnaround Time
Same day approval
Min. Credit Score
300
Requirements
Have an active bank account
Which lenders are most similar to Cash 4 You?
If you’re looking for loans like Cash 4 You, iCash and Cashco are the closest, as they both offer payday loans up to $1,500. The key difference is that Cashco is more flexible with income types, while iCash operates fully online and is available 24/7.
If you want to explore cheaper alternatives, check out KOHO, Nyble and Bree. KOHO Cover offers a small cash advance for a low monthly fee, Nyble provides a zero-interest line of credit, and Bree gives up to $500 interest-free.
How does Cash 4 You compare?
Cash 4 You offers the same terms for its payday loans as other lenders since each province imposes strict regulations, with fees capped at $14 per $100 borrowed and repayment required by your next payday.
However, online lenders like iCash and Cashco offer more flexible eligibility criteria for their payday loans, accepting government benefits and other income sources instead of requiring traditional employment.
Cash 4 You’s installment loans are comparable to other lenders as well, offering amounts from $500 to $20,000, with terms of 6 to 84 months and an APR of 34.37%.
Ultimately, Cash 4 You is a good option for installment loans and payday loans, but only if you live in Ontario or British Columbia.
Keep in mind the risks of payday loans
Payday loans are one of the most expensive loans in Canada, typically offering an APR of over 300%. Even though they provide quick access to cash, the short repayment window and high fees can trap you in a cycle of debt.
Always consider low-cost options first, such as KOHO, Bree and Nyble, or explore installment loans through lenders like Loans Canada for longer repayment terms and lower rates.
Cash 4 You is a convenient option for payday and installment loans in Ontario and British Columbia, but borrowers in other provinces may need alternatives. Lenders like iCash and Cashco provide similar payday loan services but with more flexible eligibility, while KOHO, Bree and Nyble offer low-cost cash advances or credit-building options.
Always consider fees, repayment terms and your eligibility before choosing a lender.
Rebecca Low is a writer for Finder. She has contributed to a range of digital publications, including income.ca, Indeed, and Expatden, writing on topics like personal finance, career development, and travel.
See full bio
Find out what loans you can apply for after bankruptcy.
Advertiser disclosure
Finder.com is an independent comparison platform and information service that aims to provide you with the tools you need to make better decisions. While we are independent, the offers that appear on this site are from companies from which Finder receives compensation. We may receive compensation from our partners for placement of their products or services. We may also receive compensation if you click on certain links posted on our site. While compensation arrangements may affect the order, position or placement of product information, it doesn't influence our assessment of those products. Please don't interpret the order in which products appear on our Site as any endorsement or recommendation from us. Finder compares a wide range of products, providers and services but we don't provide information on all available products, providers or services. Please appreciate that there may be other options available to you than the products, providers or services covered by our service.
We update our data regularly, but information can change between updates. Confirm details with the provider you're interested in before making a decision.
How likely would you be to recommend Finder to a friend or colleague?
0
1
2
3
4
5
6
7
8
9
10
Very UnlikelyExtremely Likely
Required
Thank you for your feedback.
Our goal is to create the best possible product, and your thoughts, ideas and suggestions play a major role in helping us identify opportunities to improve.
