6 loans like Cash Central

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 within 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. Pay advance apps are typically a cheaper alternative, as they typically don’t come with interest or fees on what you borrow, which can help you avoid a cycle of debt.

Since Cash Central only operates in the US, we’ve rounded up this list of Canadian alternatives including pay advance apps, payday loans and installment loan options. These alternatives come with features like lower fees, same-day funding and Interac e-Transfer depending on the type of loan.

Is Cash Central in Canada?

No, Cash Central is not available in Canada. In order 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.

Loans like Cash Central that are not payday loans

• Alternative for flexible repayments: Nyble
• Alternative for cash advance: KOHO
• Alternative for installment loans: Green Loans

Payday loans like Cash Central in Canada

• Alternative for fast payday loans: iCash
• Alternative for emergency loans: GoDay
• Alternative for in-store payday lender: Cash Money

Compare loans like Cash Central that are not payday loans

Alternative for flexible repayments: Nyble

9.3 Excellent

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Nyble Credit Line

$30 – $250
Loan amount

Starting at 0%
APR

31 days, extendable
Term

• Info
• Pros + Cons
• Details

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.

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

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

Costs	0%
Loan Amount	$30 – $250
Loan Term	31 days, extendable
Credit Check	No
Turnaround Time	1-30 minutes with a paid membership or 1-3 business days with a free membership.
Requirements	You must be 18 years or older and have a minimum monthly income of $1,000.
Serviced Provinces	All provinces and territories
Apple App Store Rating	4.8
Google Play Rating	4.8

Alternative for cash advances: KOHO

8.7 Great

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KOHO Cover

$20 – $250
Loan amount

Starting at 0%
APR

Flexible
Term

• Info
• Pros + Cons
• Details

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.

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

• KOHO savings account required

Costs	0% + monthly fee from $2
Loan Amount	$20 – $250
Loan Term	Flexible
Credit Check	No
Turnaround Time	Immediately
Requirements	KOHO account—access higher loan amounts over time by using KOHO for everyday spending, repaying your monthly fees and using its other services
Serviced Provinces	All provinces and territories
Apple App Store Rating	4.8
Google Play Rating	4.3

Alternative for installment loans: Green Loans

7.9 Great

Go to site

$100 – $1,000
Loan amount

22% – 35%
APR

3 - 12 months
Term

• Info
• Pros + Cons
• Details

Like Cash Central, Green Loans offers fast short-term installment loans with no credit check. NCR Financial, the company that operates Green Loans, has been in business for over 15 years and is registered in Quebec.

• Apply online and get approval within one hour
• Interest rates can reach as high as 35%
• Services: all provinces except Manitoba

• Small loan amounts between $100 and $1,000
• The broker fee can be as high as $300

Loan Amount	$100 – $1,000
APR Range	22% – 35%
Loan Term	3 - 12 months
Serviced Provinces/Territories	all provinces except Manitoba
Turnaround Time	within 24 hours
Min. Credit Score	300
Fees	2.66% late fee
Requirements	• Share banking access via our secure IBV system (Instant Banking Verification) • Have a Canadian bank account open for 90+ days with online access • Be a Canadian citizen or permanent resident with a job • Be 18 or older (or provincial age of majority) • Earn at least $1,200 monthly in net income • Provide a valid phone number, email, and home address • You must not be in a bankruptcy or a consumer proposal. • You must not be planning to declare bankruptcy or a consumer proposal.

Compare payday loans like Cash Central

Alternative for fast payday loans: iCash

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iCash Payday Loan

$100 – $1,500
Loan amount

7 – 62 days
Loan Term

2 minutes
Min. Turnaround Time

• Info
• Pros + Cons
• Details

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.

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

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

Loan Amount	$100 – $1,500
Loan Term	7 - 62 days
Cost	$14 per $100 borrowed
Serviced Provinces	AB, BC, MB, NB, NS, ON, PEI
Speed	As little as 2 minutes with Interac e-Transfer
Credit Check	Yes
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

Alternative for emergency loans: GoDay

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GoDay Payday Loan

$100 – $1,500
Loan amount

1 – 62 days
Loan Term

2 minutes
Min. Turnaround Time

• Info
• Pros + Cons
• Details

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.

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

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

Loan Amount	$100 – $1,500
Loan Term	Up to 62 days
Cost	$14 per $100 borrowed
Serviced Provinces	AB, BC, MB, NB, NS, ON, PEI, SK
Speed	As little as 2 minutes with Interac e-Transfer
Credit Check	Yes
Requirements	- Canadian resident over the age of 18 - Valid email address and phone number - Have an open bank account with a Canadian bank or credit union

Alternative for in-store payday lenders: Cash Money

Read review

Cash Money Payday Loan

$100 – $1,500
Loan amount

5 – 40 days
Loan Term

15 minutes
Min. Turnaround Time

• Info
• Pros + Cons
• Details

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.

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

• Not available in all provinces
• High cost of borrowing

Loan Amount	$100 – $1,500
Loan Term	5 - 40 days
Cost	$14 per $100 borrowed
Serviced Provinces	BC, MB, NL, NS, ON, SK
Speed	As little as 15 minutes with INTERAC e-Transfer
Credit Check	Yes
Requirements	- ID showing you're 18 years or older - Min. net income of $1,000/month - Valid bank account with online banking - Address, email and phone number

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 with funding as soon as the same-day. That said Cash Central payday loans comes with very high rates – sometimes exceeding 500% APR.

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 LoansLoans.ca.

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 reputable lenders like GoDay and iCash, which offer online applications for up to $1,500 with loan funding within minutes of applying.

Written by

Chelsey Hurst

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

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Co-written by

Kat Aoki

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 7 Finder guides across topics including:

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