Loans Canada Launches Free Credit Score Portal And Is Recognized As One Of Canada’s Top Growing Companies
Loans Canada is pleased to announce it placed No. 131 on the 2022 Report on Business ranking of Canada’s Top Growing Companies.
Cashco Financial provides financial relief through long and short term installment loans and cheque cashing. They also provide bank services in the form of chequing and savings accounts. However, unlike the installment loan, the bank services are restricted to the residents in Alberta.
In addition to that, they also offer a number of different services like credit monitoring, money transfers, small business loans, and more through their partnerships.
With Cashco’s Flex Loan, borrowers can access up to $7,000 dollars for up to 60 months. This installment loan is considered a Flex Loan because it gives the borrower the ability to choose their terms based on their unique financial needs. As such, whether you’re looking for a short term loan or a long term loan, at Cashco Financial, you can have either by customizing the terms of your loans based on your needs.
The “Buy Some Time” product offered by Cashco Financial is a package you can add to your Flex Loan. It provides additional perks that can come in handy when you find yourself in a financial pinch.
For a fee, Cashco also provides immediate access to the funds you need by cashing your cheque instantly. They accept many different types of cheques such as payroll, insurance, money orders, certified cheques, post-dated cheques, personal, government, and more.
All banking accounts with Cashco are free of applicant fees and are accessible through ATB’s online portal, branches, and ATMs.
Cashco Financial has partnered with a number of businesses to provide you with the following products and services.
In order to apply for a loan with Cashco Financial, you need to fill out an application form online, call or visit a local Cashco branch. To fill out your application, you will need the following documents:
In order to access Cashco’s Cheque Cashing services, simply visit your local Cashco Financial branch. All you need to bring with you is two pieces of identification, of which one must be a photo ID that is issued by the government. Of course, don’t forget to bring the cheque you want to cash out. For a low service charge fee, Cashco will cash your cheque the very same day.
To apply for Cashco’s banking services, simply fill out their online application form with your contact information. Within 24 hours, a Cashco Financial representative will contact you with the next steps. All you need is two pieces of government-issued photo ID and your SIN number.
In general, there are four main factors to consider when taking out a loan: interest, fees repayment term, and the amount borrowed.
Interest | Up to 48.99% |
Term | Up to 60 months |
Loan Amount | Up to $7,000 |
Fees | Undisclosed |
Pros | Cons |
Cashco Flex Loan can help you build credit when you make on-time payments. | Geographical restrictions – Cashco banking services are only available to residents of Alberta. |
You can create your payment schedule according to your financial needs. | Late or missed loan payments can affect your credit negatively |
Cashco accepts a wide range of borrowers, including bad credit individuals. | |
Cashco Financial has over 65 branches across BC, AB, or ON. |
In most cases, you should only use a payday loan as a last resort solution. Payday loans have extremely high APRs and extremely short repayment periods, which usually vary around 14 days. This makes payday loans very hard to pay off and very easy to fall into the payday loan cycle.
On the other hand, the Flex Loan can provide you with the same financial relief as a payday loan, but for a lower cost. Due to their lower rates and longer terms, the Flex Loan terms are ideal for people looking to cover their bills, an emergency expense, or even to make a large purchase.
Loan Range | Rate & Terms | Product Details | Eligibility | Requirements & Documents | |
---|---|---|---|---|---|
Flex Loan | $250 – $7,000 |
|
|
|
|
Want to show off your rating on your website? Copy the code below to embed our review widget on your website.
Loans Canada is pleased to announce it placed No. 131 on the 2022 Report on Business ranking of Canada’s Top Growing Companies.
All consultations and conversations with Loans Canada and its partners are confidential and risk-free. Speak with a trusted specialist today and see how we can help you achieve your financial goals faster. Loans Canada and its partners will never ask you for an upfront fee, deposit or insurance payments on a loan. Loans Canada is not a mortgage broker and does not arrange mortgage loans or any other type of financial service.
When you apply for a Loans Canada service, our website simply refers your request to qualified third party providers who can assist you with your search. Loans Canada may receive compensation from the offers shown on its website.
Only provide your information to trusted sources and be aware of online phishing scams and the risks associated with them, including identity theft and financial loss. Nothing on this website constitutes professional and/or financial advice.