6 loans like Cash Central

Explore Cash Central alternatives you can apply for in Canada.

Chelsey Hurst's headshot
Kat Aoki's headshot

By

Chelsey Hurst

&

Kat Aoki

Updated

Fact checked

KOHO Cover

KOHO Cover logo
  • Borrow up to $250 with no income required
  • Finder Member Exclusive: Get a $75 reward from Finder
  • No interest
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Cash Central is a US-based lender that offers payday and installment loans. It’s upfront about its rates and terms, and if US residents apply at a store, they could receive the loan on the same day.

But like other payday loan lenders in both the US (and Canada), Cash Central charges high fees, resulting in APRs exceeding 500% in some cases. Cash advance apps can be a cheaper alternative, as they typically don’t charge interest, and fees are sometimes not mandatory, which can help you avoid a cycle of debt.

Is Cash Central in Canada?

No, Cash Central is not available in Canada. To apply for a Cash Central loan product, you’ll need to have a Social Security number, which you can only have if you’re a US citizen, permanent resident or temporary resident. But there are Canadian alternatives.

Compare loans like Cash Central that are not payday loans

Need a small, quick loan in Canada? Payday loans are not your only option. Compare cash advance apps that can be a lot cheaper.

Finder Score Costs Loan Amount Loan Term

KOHO

KOHO logo
8.7 Great
KOHO Cover
8.7 Great
0% + monthly fee from $2
$20 - $250
Flexible
$75$75 REWARD
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Why we like it

Get a cash advance ranging from $20 to $250 when you pay 0% + monthly fee from $2. You'll need a KOHO account to access this service.

Pros

  • No late fees
  • 0% interest
  • No impact on credit score
  • Free financial coaching service

Cons

  • KOHO savings account required

Nyble

Nyble logo
9.3 Excellent
Nyble Credit Line
9.3 Excellent
0%
$30 - $250
31 days, extendable
Use code CFIND1J to get 500 extra points and a $5 higher approval. T&Cs apply.
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Why we like it

Apply online for an interest-free line of credit of up to $250 to cover small expenses and build your credit. Get funds in 1-3 business days with a free account. For $11.99, get access to premium services, including funding in 1-30 minutes, credit monitoring and identity theft protection. Repay on your next payday or extend the deadline.

Pros

  • No credit check required
  • No application fee
  • No late payment fee
  • More affordable than payday loans

Cons

  • $11.99 for fast transfers, full credit report and other premium perks
  • Small loan amounts only

Bree

Bree logo
8.8 Great
Bree Early Pay
8.8 Great
0%
$20 - $750
Next pay cycle
Refer a friend and get a $20 credit limit increase on your next withdrawal. T&Cs apply.
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Why we like it

Borrow up to $750 without needing to go through a credit check. Non-employment incomes are accepted, but they need to be regularly deposited into your bank account. If you choose standard delivery, which takes one to three business days, Bree doesn't charge any fees. But if you need funding right away, a transfer fee of $2.99 – $45.99 applies.

Pros

  • Highly rated app
  • Option to apply on the website
  • Fast and slow funding options

Cons

  • Potentially high transfer fees
  • Doesn't build credit
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⚠️ Warning: Be cautious with payday loans
High-cost payday loans are unsustainable for long-term use, with up to $14 charged per $100 borrowed. If you're experiencing financial hardship, call Credit Counselling Society for free financial counselling (Mon–Fri, 8am–5pm at 1-888-527-8999). Also consider payday loan alternatives.

Compare payday loans like Cash Central

If you prefer a payday loan, here are some licensed options.

Cost Loan Amount Loan Term Serviced Provinces

iCash

iCash logo
iCash Payday Loan
$14 per $100 borrowed
$100 - $1,500
7 - 62 days
AB, BC, MB, NB, NS, ON, PEI
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Why we like it

iCash provides quick funding and accepts non-employment income. You can get e-Transfer funding in as little as 2 minutes after approval. iCash provides payday loans similar to what Cash Central offers.

Pros

  • 4.7/5 stars based on over 2,300 Trustpilot reviews
  • Get money within an hour
  • Get funded 24/7

Cons

  • Payday loans are expensive
  • Short repayment terms
  • Only available in AB, BC, MB, NB, NS, ON, PEI

Cash Money

Cash Money logo
Cash Money Payday Loan
$14 per $100 borrowed
$100 - $1,500
Up to 62 days
AB, BC, MB, NB, NL, NS, ON and SK
View details
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Why we like it

Through its payday loans, Cash Money offers similar loan amounts and interest rates compared to Cash Central. Get instant approval and funding in as little as 15 minutes when you apply with Cash Money.

Pros

  • Instant decisions
  • Fast access to funds
  • Established lender with A+ Better Business Bureau rating

Cons

  • Not available in all provinces
  • High cost of borrowing

GoDay

GoDay logo
GoDay Payday Loan
$14 per $100 borrowed
$100 - $1,500
Up to 62 days
AB, BC, MB, NB, NS, ON, PEI, SK
View details
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Why we like it

GoDay offers payday loans you can apply for and get approved for within minutes. Once approved, loan funds can be transferred within minutes. Like Cash Central, GoDay offers payday loans, allowing you to borrow up to $1,500 at a time.

Pros

  • 4.5/5 stars based on over 2,400 Trustpilot reviews
  • Get loan funds via e-transfer
  • Apply and get funding 24/7

Cons

  • Very expensive APR
  • Can easily trap customers in a cycle of debt
  • Only available in AB, BC, MB, NB, NS, ON, PEI, SK
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How does Cash Central compare?

Cash Central offers payday loans and installment loans in the 22 states across the US where it’s licensed to operate. US residents can apply online or at a retail location for funding as soon as the same day. That said, Cash Central payday loans come with very high rates – sometimes exceeding 500% APR.

Pros

  • 24/7 online application
  • Many years in the industry
  • Upfront about payday loan fees
  • Offers loan refinancing

Cons

  • High volume of BBB complaints
  • Typical APR of 500% or more
  • Only available in the States

How to decide which Cash Central alternative is right for you

Because Cash Central isn’t available in Canada, it’s important to decide which Canadian alternative lender is the right fit for your needs.

You’ll first need to decide what type of loan to apply for based on how much money you need. If you only need a small loan to tie you over to the next payday, a 0% interest pay advance from an app like Nyble might be your cheapest option.

If you need to borrow a larger amount and you have bad credit, consider an installment loan from a lender like Spring Financial.

Because they’re one of the most expensive loan options on the market and can easily trap borrowers in a cycle of debt, it’s usually best to only use payday loans as a last resort. If you do opt for a payday loan, consider licensed lenders like GoDay and iCash, which offer online applications for up to $1,500 with loan funding within minutes of applying.

Chelsey Hurst's headshot
Written by

Publisher

Chelsey Hurst is a publisher at Finder, specializing in banking and investments. She loves empowering people to avoid financial pitfalls and make better decisions with their money. Chelsey has a Bachelor of Science from Redeemer University, a Master of Science from McMaster University, and has won multiple awards for research communication. In her spare time, Chelsey enjoys cooking and taking long walks in nature. See full bio

Chelsey's expertise
Chelsey has written 127 Finder guides across topics including:
  • Banking
  • Stock Trading
  • Cryptocurrency
Kat Aoki's headshot
Co-written by

Writer

Kat Aoki was a personal finance writer at Finder, specializing in consumer and business lending. She’s written thousands of articles to help consumers make better decisions on their home loans, bank accounts, credit cards, cryptocurrency and more. Kat is well versed in working with leading brands in the real estate, mortgage and personal finance industries, and her expertise has been featured on Lifewire and financial comparison sites like iSelect and realestate.com.au. She holds a BS in business administration from California State University, Sacramento and enjoys hiking and yoga in her spare time. See full bio

Kat's expertise
Kat has written 6 Finder guides across topics including:
  • Mortgages
  • Home equity loans
  • Mortgage refinancing
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