Scooby Cash review: Is it legit?

Is Scooby Cash legit in Canada?

Our research into Scooby Cash revealed a few concerns.

On the positive side, the lender has received plenty of positive customer feedback, with an average of 4.7/5 from over 1,300 Trustpilot reviews. It has a professional-looking website that features important legal documents, and it supports instant banking verification. It also gets a 100/100 Trustscore on scamadviser.com.

But Scooby Cash is not clear about interest rates and fees on its website. It does, however, provide a loan example of a $500 loan that costs $660 to repay across 6 installments. Given this example, and taking into account how other short-term loan lenders in this space usually operate, you can expect an interest rate under 30% plus a broker fee in the hundreds. This can work out to APRs in the triple digits.

The lender also only lists an email address on its website, with no phone number or office address provided. As a result, we’re unsure of its legitimacy.

Alternatives to Scooby Cash

Dive deeper: Have time? Compare 40+ personal loans

Pros and cons of Scooby Cash

Pros

• Fast application and approval. Scooby Cash offers a paperless online application process and supports instant banking verification.
• No credit checks. You won’t need to undergo a credit check to qualify for funding, so bad credit won’t stop you from getting a loan.
• Fast access to funds. You can apply for a Scooby Cash loan and get approved and funded the same day.
• Repay in installments. Depending on your pay schedule, you can repay your loan in 3, 6, 8, 10 or 12 installments over 60-90 days.

Cons

• High cost of borrowing. In the loan example provided on the Scooby Cash website, a $500 loan will cost $660 to repay.
• Consent required. You’ll need to consent to receive marketing emails and promotions to proceed with a loan application.
• Reference required. You’ll need to provide a reference during the loan application process.
• Several income types not accepted. Scooby Cash doesn’t accept self-employment income, social assistance, CPP, child tax benefits, disability payments and a wide range of other forms of income. Learn more about loans for government benefits.
• Missing details. There are no phone contact details on the Scooby Cash website, and the lender also does not provide a physical office address.

Scooby Cash reviews

Site	Details
Trustpilot	4.7/5 stars based on 1,350+ reviews
Google	N/A
BBB accreditation	Not accredited
BBB rating	N/A
BBB reviews	N/A

Reviews as of August 26, 2025.

What are the interest rates of Scooby Cash?

Scooby Cash doesn’t list any interest rates on its website.

However, it does provide the example of a $500 loan repaid in 6 installments totalling $660. We used this example to calculate a loan APR of 139% if the loan is repaid in 6 installments over 12 weeks. Even allowing for Scooby Cash’s maximum loan term of 90 days, your loan would have an APR of 129%.

Related: Need a small loan? Explore cash advance apps

What do Scooby Cash reviews say?

Scooby Cash reviews on Trustpilot are generally quite positive. Customers mention factors such as a fast and efficient application and funding process, friendly customer service and an easy loan experience. Negative reviews mention factors such as not getting approved for loan renewals or slow customer service response times.

Feedback or complaints about Scooby Cash on Reddit

We couldn’t find any feedback or complaints about Scooby Cash on Reddit.

Am I eligible?

To qualify for a loan from Scooby Cash, you will need to:

• Be a Canadian citizen
• Be 18 years or older
• Receive a monthly income from your employer of over by cheque or direct deposit
• Have been employed for at least three months
• Have a Canadian bank account that has been active for three months or longer
• Not currently in bankruptcy or a consumer proposal, or about to enter into one
• Have little or no NSF transactions
• Have a low short-term debt ratio

How to apply for loans like Scooby Cash

When you apply for online loans like Scooby Cash, you’ll be asked to provide a range of personal and contact information. You’ll typically need to provide:

• Your name and date of birth
• Your phone number and email address
• Your residential address
• Proof of ID
• Income and employment information

During the Scooby Cash application process, you’ll need to provide the name and contact details of a reference. You’ll also need to provide details of where you’re employed, your annual income and your pay schedule.

Finally, you’ll be required to submit to the instant banking verification process. This allows the lender to access an electronic version of your bank statement

Bottom line

While Scooby Cash’s fast online loans sound like they offer several benefits, our research into the lender raised a few concerns. With no phone or physical office contact details listed, and with the high cost of borrowing in the loan example listed on the Scooby Cash website, we recommend considering other lenders instead.