THE HASSLE-FREE LOAN, WHEN YOU NEED IT
Canada’s most accessible loans
WHAT'S THE BEST LOAN FOR YOU?
Apply for a short-term loan from the comfort of your home. Our assessment process helps determine your eligibility based on your financial situation. Licensed and regulated lending services.
Safe & Secure
Completely confidential and secure, guaranteed! We use the same high security standards like the banks.
Expert Support
Our support staff. Always ready and available to answer any questions that you may have to ensure you get the loan you need.
No Hidden Fees
Our lending process has no hidden fees. What you see is what you get. That’s our promise as fully compliant licensed lenders under provincial law and regulation.
Flexibility
Your interest fee is unchanged, whether it’s better for you to pay in 1, 2 or 3 equal repayments.
Transparent
Our lending process has no hidden fees. What you see is what you get. That’s our promise as fully compliant licensed lenders under provincial law and regulation.
Fast
Quick application process with same-day decisions. You'll receive your loan terms and repayment schedule of 1, 2 or 3 installments based on your needs.
1.
Apply online
Complete our simple online application with your personal information, choose your loan amount and repayment plan. The process is straightforward and secure.
2.
Get a decision
We'll review your application and inform you of your qualification status. If approved, you'll receive your loan terms and electronic contract to review and sign.
3.
Receive funds
Once your contract is signed, your loan funds will be transferred to your account via e-transfer, typically within the same business day.
Our eligibility requirements are basic.
My Online Cash - Licensed and regulated lending services.
Required
- Are a Canadian citizen or Perminate Resident.
- Live in a province where we do business.
- Are 19 years of age or more.
- Received the same income source for at least 3 months.
- Have at least a monthly net income of $800.
- Are in possession of a Canadian bank account for the last 3 months from which you can do online banking.
- Have valid email and home address, and a mobile phone.
Can I be approved quickly?
Once you've filled out your application, our decision system reviews your information and provides a response within the same business day.
Most of our customers receive their funds the same day. Once you're approved and you sign your electronic agreement, our e-transfer system will send the funds to your bank account.
Is there a borrowing limit?
Currently we offer loans between $100 and $1,500. These come with flexible repayment options. Our advanced algorithm helps us identify the loan amount that suits your financial circumstances best.
How Much Income do I Need?
Our minimum monthly requirement is an income of $800. A lot of sources, which you might not expect, though, can be counted toward this total. That includes child tax credits, ODSP benefits and pensions, among others. Include such income sources in the Employment Details of your application and we’re ready to go.
How about repayment?
We make repayment simple and convenient. Once repayment day arrives, we will debit the amount stipulated in your loan agreement from the same bank account into which we made the original loan. All you have to do is ensure there are sufficient funds to cover the repayment. The process is automated for your convenience.
Licensed Short-Term Loans
Borrow up to $1,500 from a licensed and regulated lender. Simple online application with flexible repayment options. Same-day e-transfer available.
Payday Loans are high-cost loans. Loan amounts depend on net pay and other qualifying
requirements.
British Columbia Residents: The maximum fee allowed for a Payday Loan in BC is 14% of the
principal. We charge $14 per $100 borrowed. For example, a $300 loan over 14
days has a total borrowing cost of $42, requiring repayment of $342, with an
APR of 365.00%
Manitoba Residents: The maximum allowable charge is 14% of the principal. We charge
$14 per $100 loaned. Example: A $300 loan for 12 days costs $42 to borrow, with
total repayment of $342 and an APR of 425.83%. Contact Manitoba Consumer Protection
Office at 1-204-945-3800 or visit gov.mb.ca/cp/cpo.
Nova Scotia Residents: Cost of borrowing is $14.00 per $100 on a $300 loan for 14
days (365.00% APR).
Ontario Residents: Maximum cost is $14 per $100 borrowed. We charge $14 per
$100. A $500 loan for 14 days costs $70 to borrow, with total repayment of
$570 and an APR of 365.00%.
Saskatchewan Residents: Maximum cost is $14 per $100 borrowed. We charge $14 per
$100. A $300 loan for 14 days costs $42 to borrow, with total repayment of
$342 and an APR of 365.00%.