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Lender
Rating by Finanso®
i

The rating by Finanso® is determined by our editorial team. The scoring formula includes a financial product type as well as tariffs, fees, rewards and other options.

Cash Depot's account

Finanso.Multilogin™

How to register an account

There is no need in registering a personal account specifically on the platform. After filling out the application form – the personal account is being created automatically. You will need to indicate your ID, phone number, 2 pay stubs, void check, and your bank statement.

How to reset a password

This information is being provided after registering at the Cash Depot platform only. The company is currently working on creating it.

How to delete an account

This information is being provided after registering at the Cash Depot platform only. The company is currently working on creating it.

information regarding the current financial status of an individual, applying for getting a short-term loan, and information about his age and the amount of money he is interested to get. After this, the above-mentioned information is quickly processed and under the outcome, the platform offers an individual the possible range of products he can take advantage of.

These are 3 simple steps for getting a loan:

1. Sending requested information about the borrower via application form

2. Receiving the contract

Cash Depot's short-term loans platform is a service that allows its customers to apply online for getting funded quickly and in a secure way. The company has got a very low rejection score, very flexible conditions, and offers numerous loan products, which can be adjacent effectively to almost everyone, addressing the company. The company works both with individuals, who are having just temporary financial issues and with those who are having not satisfactory credit reports.

As for the procedure – initially, the platform receives the platform, signing it, and sending it back

3. Receiving the approved funds.

There are no stores – all the services are being provided online.

FAQ

How do I contact Cash Depot?

A potential borrower can contact Cash Depot via several options:

  1. Using the company’s e-mail address

  2. Using the company’s phone number

  3. Visiting the company’s office

The detailed contacting information is fully exposed on the company’s website.

Cash Depot is located at 353 St Paul St, St. Catharines, ON L2R 3N1.

Calculate loan payments in Cash Depot

Cash Depot calculator will allow you to calculate an approximate payment schedule for the loan

Loan amount
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Enter the desired loan amount

CAD
CAD
USD
300 $
20000 $
Loan term
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Specify the loan term for the calculation

months
days
1
60

What to pay attention to when applying for a loan from Cash Depot

  1. The company must have a license if it runs business in Alberta, British Columbia, Manitoba, Ontario and Quebec.
  2. You can check the availability of the relevant license (copy) at the branch of the lending company.
  3. Membership in a self-regulatory organization (SRO) is an additional guarantee of the reliability of the lending company. This information can also be checked at the company's branch or on its official website.
  4. Availability of lending policies.
  5. The procedure for applying for a loan.
  6. The procedure for concluding the loan agreement and receiving the payment schedule.
  7. Other conditions for granting loans.

We recommend

  1. To check out the interest rates and frequency. 
  2. Check the availability of individual terms in the loan agreement (principal amount, term, date of advance, etc.).
  3. Check whether the loan agreement contains information about the total cost of borrowing.
  4. Take time to think – you can change your mind before agreeing or signing a loan agreement.
  5. Speed of loan processing.
  6. Accessibility – alternative lenders often operate where there are no bank branches.
  7. For the borrower - high interest on the loan.
  8. For an investor, the safety of funds is not guaranteed by the state.

What distinguishes Cash Depot from banks:

  1. Simplicity - loan processing is less formalized than in a bank.
  2. Fast loan processing.
  3. Accessibility.
  4. For the borrower - high interest on the loan.
  5. For an investor, the safety of funds is not guaranteed by the state.
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All Cash Depot’s reviews by October 2022
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