How To Renegotiate A Loan When Your Credit Improves
Posted on June 23, 2022
If you've improved your credit score, you may be able to renegotiate your loan rate and terms with your lender. Find out how to renegotiate your loan.
CashMoney Reviews, Ratings And Fees June 2022
ADDRESS
400 Carlingview Drive
Toronto, Ontario
M9W 5X9
Toronto, Ontario
M9W 5X9
BUSINESS HOURS
- Monday to Friday 9 am - 11 pm (EST)
- Saturday to Sunday 9 am - 5 pm (EST)
WEBSITE
https://www.cashmoney.ca/
PROVIDER DETAILS
Who Is CashMoney
CashMoney offers payday loans, personal loans, and line of credit loans from $50 to $10,000. For more than two decades CashMoney has been providing Canadians with fast access to short term financing options. You’ll benefit from an easy application, more flexibility than banks, quick approval, and friendly customer service.
CashMoney FAQs
Should I take a payday loan or an installment loan?
A payday loan offers small loan amounts that must be paid back by your next payday. A payday loan should only be used as a last resort as they are incredibly short-term and have very high rates. Installment loans are a much better option as it provides longer terms and lower interests rates, making payments more affordable.
Can I refinance my loan?
Yes, you may be eligible to refinance your loan if:
- Your account is in good standing
- Your available credit is greater than your minimum payment
How will I receive my funds?
If you apply at a local CashMoney location, you will receive your money in store if approved. If you apply online or by phone, you may opt to receive your money through any of the following:
- In-store
- Direct deposit
- E-transfer
- Opt+
What is a line of credit good for?
A line of credit is great for emergencies as it provides you access to a large sum of money that you can draw from when you need it. Moreover, interest is only applied on the amount used and not the amount of credit you have access to.
Services
Offered Services
Loan Range | Rate & Terms | Product Details | Eligibility | Requirements & Documents | |
|---|---|---|---|---|---|
Payday Loan | $50 – $1,500 |
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Line of Credit | Up to $10,000 |
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Reviews
Reviews & Ratings
See what others have to say about CashMoney
Friendly, helpful, flexible. Great customer service which is rare nowadays.
Waste of time. Spent 2 days on the phone with them, submitted all my documents, then they told me I had to goto a store to complete my application. St... read more
I called customer service and explained I’ve had a really rough time with C-19, it’s December, and if the payments didn’t go through... read more
Scam they charge you 60 a month in fees for a line of credit and super-high interest rates. DO NOT GET THIS LINE OF CREDIT it is a total scam.
Good place
They were really nice and helpful and it was a good experience at the store I would strongly recommend using them if you need a loan.
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