{"id":769643,"date":"2019-03-25T20:00:08","date_gmt":"2019-03-26T00:00:08","guid":{"rendered":"https:\/\/www.finder.com\/ca\/?p=769643"},"modified":"2025-12-12T12:03:51","modified_gmt":"2025-12-12T17:03:51","slug":"cash-money","status":"publish","type":"post","link":"https:\/\/www.finder.com\/ca\/personal-loans\/cash-money","title":{"rendered":"Cash Money loans review"},"content":{"rendered":"

Cash Money at a glance<\/h3>
  • Payday loan or line of credit available<\/li>
  • Fast approval and funding<\/li>
  • Established licensed lender<\/li><\/ul><\/div>
    • Very steep interest rates<\/li>
    • Not available in all provinces<\/li><\/ul><\/div><\/div>

      What is Cash Money?<\/h3>

      Cash Money is an established lender that offers payday loans and lines of credit to people who may not qualify for a loan from a bank or credit union. It operates online and in person, with over 90 store locations across Canada. Cash Money has been in business since 1992 with headquarters in Toronto, Ontario.<\/p>

      What types of Cash Money loans are available?<\/h3>

      The following Cash Money loans are available online or in-store:<\/p>
      Loan type<\/th>Loan amount<\/th>Loan term<\/th>Interest rate<\/th>Website<\/th><\/tr><\/thead>
      Cash Money payday loan<\/a><\/td>$100 \u2013 $1,500<\/td>5 - 40 days<\/td>$14 per $100 borrowed<\/span><\/td><\/td><\/tr>
      Cash Money line of credit<\/a><\/td>$500 \u2013 $10,000<\/td>Open<\/td>34.99%<\/span><\/td><\/td><\/tr><\/tbody><\/table>

      Cash Money no longer offers installment loans as of May 4, 2023.<\/p>

      Is Cash Money legit?<\/h3>

      It is. Cash Money has been in business since 1992 and is provincially licensed where it operates. It\u2019s a member of the Canadian Consumer Finance Association (CCFA) and has an A+ rating from the Better Business Bureau (BBB).<\/p>

      Our take on Cash Money loans<\/h3>

      Cash Money specializes in lending to people who may not get approved by a bank because of their credit score and\/or income. Just like other lenders working in this space, they charge high interest rates for their loans. Because of this, Cash Money loans are only suitable as a last resort.<\/p>

      Before you get a Cash Money loan<\/h4>
      • Consider alternatives like credit counselling, negotiating with your creditors or visiting 211.ca.<\/li>
      • Know how much you\u2019ll pay in interest with each payment, plus the overall cost.<\/li>
      • Make sure you can manage the loan repayment(s) with your monthly budget.<\/li><\/ul><\/div><\/article>

        Alternatives to Cash Money<\/h3>