Lender
Rating by Finanso®
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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 4 You

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About lender

Cash 4 You, a well-known financial institution in Canada, has been providing money solutions to its customers for nearly two decades. From payday loans to installment loans, Cash 4 You offers a range of financial services to meet various financial needs. As a BC or Ontario resident, you can easily apply online or visit one of their store locations to access their services. One of Cash 4 You's core values is to provide exceptional service to its customers. This commitment to service has helped millions of customers in Canada navigate their financial situations with ease. Whether you need a payday loan or installment loan, Cash 4 You is there to assist you.

cash-4-you

Features

  1. Transparency. Cash 4 You ensures transparency in its fee structure, avoiding hidden fees that can surprise customers.

  2. Convenience. Customers can apply online or visit one of Cash 4 You's store locations to access their services, making it easy to get the financial assistance they need.

  3. Quick Access to Funds. With options like direct deposit and e-transfer, customers can receive their funds quickly, directly into their bank account, without delays.

  4. Flexible Credit Options. Cash 4 You considers various credit types, so customers don't need perfect credit to qualify for a loan, offering flexibility to a wide range of applicants.

Pros and cons

Pros

Availability of Payday and Installment Loans. Cash 4 You offers both payday and installment loans, providing customers with options to meet their short-term or longer-term financial needs.

Fast Approval and Funding. Cash 4 You is known for its quick approval process, allowing customers to access funds promptly after their loan application is approved. This is particularly beneficial for individuals facing urgent financial situations.

Established Lender. With nearly two decades of experience, Cash 4 You has established itself as a reputable and trusted lender in the financial industry. Customers can rely on its expertise and track record when seeking financial assistance.

Cons

Very High Rates and Fees. One significant drawback of Cash 4 You is its high interest rates and fees associated with its loans. While the company provides quick access to funds, customers may end up paying considerably more in interest and fees compared to other lenders.

Limited Availability. Cash 4 You is primarily available in Ontario, with payday loans also offered in British Columbia. This limited geographical reach may restrict access to its services for individuals residing outside of these regions.

Reliability

Cash 4 You is reliable. The company has been operating in Ontario since 2001, demonstrating its longevity and stability in the financial industry. As a fully licensed lender, Cash 4 You is recognized by the Canadian Consumer Finance Association, further confirming its legitimacy and compliance with industry regulations.

How to apply for a Cash 4 You loan?

  1. Visit the Cash 4 You Website. Navigate to the main page of the Cash 4 You online loans website using your preferred web browser. Look for the option labeled “Get money” and click on it to proceed with your loan application.

  2. Select Loan Type and Start Application. Once you’re on the main page, you’ll be presented with options for payday or installment loans. Choose the type of loan that best suits your financial needs, then click on “Get started” to initiate the application process.

  3. Complete Application Form. Fill in the application form with accurate personal information. This typically includes details such as your full name, email address, and proof of identification. You may also need to provide relevant documents depending on the type of loan and your financial situation. Ensure all information is entered correctly to avoid delays in processing your application.

  4. Review and Submit Application. Before finalizing your application, take a moment to review all the information you’ve provided. Double-check for any errors or missing details. Once you’re satisfied that everything is accurate and complete, submit your application through the online platform.

  5. Verification and Negotiation. After submitting your application, Cash 4 You will verify the information provided to assess your eligibility for the loan. If you meet the eligibility requirements, a representative from Cash 4 You will contact you to discuss the terms of your loan. This may include the loan amount, repayment schedule, and applicable interest rates.

  6. Choose Fund Disbursement Method. Once the terms of your loan are agreed upon, you’ll have the option to choose how you’d like to receive your funds. Cash 4 You typically offers various disbursement methods, such as direct deposit to your bank account or in-person pickup at a designated location.

Conditions

Installment loans

  • Loan Amounts. Cash 4 You offers installment loans with amounts of up to $15,000.

  • Rates. The interest rate for installment loans is 46.93%.

  • Availability. Installment loans are available in Ontario.

  • Loan Terms. Borrowers can choose loan terms ranging from 12 to 60 months, providing flexibility in repayment.

  • Funding Time. Funds for installment loans are typically disbursed within 24 hours of approval, offering quick access to the loan amount.

Payday loans

  • Loan Amounts. Payday loans from Cash 4 You are available for amounts of up to $1,500.

  • Rates. The rate for payday loans is $15 per $100 borrowed.

  • Availability. Payday loans are available in Ontario and British Columbia.

  • Loan Terms. Payday loans require full payment by the borrower's next paycheque, making them short-term borrowing options.

  • Funding Time. Similar to installment loans, funds for payday loans are typically disbursed within 24 hours of approval, ensuring quick access to the loan amount.

Requirements

  1. Age Requirement. Applicants must be at least 18 years old to qualify for a loan from Cash 4 You.

  2. Residency. Borrowers must be residents of Ontario to apply for any type of loan from Cash 4 You. However, residents of British Columbia are eligible to apply for payday loans.

  3. Canadian Bank Account. Applicants are required to have a Canadian bank account to facilitate the loan disbursement and repayment process.

  4. Steady Income. Individuals applying for payday loans must demonstrate a steady form of income. For payday loans, the minimum income requirement is at least $250 per net pay. This ensures that borrowers have the ability to repay the loan amount on time.

Ways to receive the money

Once your application is complete and verified, if you are approved for a loan with Cash 4 You, you have the option to receive your borrowed amount through in-store pickup on the same day. This means that once your loan is approved, you can visit one of Cash 4 You's convenient store locations to collect your funds in person.

Products

  1. Installment Loans. Cash 4 You provides installment loans, allowing customers to borrow larger amounts of money and repay them over a set period of time. This flexible option is ideal for individuals who need access to funds for various purposes, such as debt consolidation, home improvements, or unexpected expenses.

  2. CreditBoost™. CreditBoost™ is a unique service offered by Cash 4 You to help customers improve their credit scores. Through this program, customers can access personalized financial guidance and tools to enhance their creditworthiness, ultimately opening up more opportunities for future borrowing and financial stability.

  3. Payday Loans. Payday loans are short-term loans offered by Cash 4 You to help customers bridge financial gaps between paydays. These loans provide quick access to cash for urgent expenses, with repayment typically due by the borrower's next payday.

  4. Cheque Cashing. Cash 4 You also offers cheque cashing services, allowing customers to convert their paper cheques into cash quickly and conveniently. This service is beneficial for individuals who may not have access to traditional banking services or need immediate access to funds without waiting for cheque clearance.

Reasons you may be denied a Cash 4 You loan

  1. Insufficient Income. If the applicant's income does not meet the minimum requirements set by Cash 4 You, their loan application may be denied. This could include not earning the required amount per pay period or not having a steady source of income.

  2. Incomplete or Inaccurate Information. If the information provided on the loan application is incomplete or inaccurate, it may result in the application being denied. This could include missing documentation or discrepancies in the applicant's personal information.

  3. Overextension of Credit. If the applicant already has multiple outstanding loans or lines of credit, Cash 4 You may consider them to be overextended and therefore ineligible for additional borrowing.

  4. Age Requirement. Applicants must be at least 18 years old to qualify for a loan from Cash 4 You. If the applicant does not meet the minimum age requirement, their application will be denied.

  5. Failure to Meet Other Eligibility Criteria. Cash 4 You may have other eligibility criteria in place, such as residency requirements or restrictions on certain types of income. If the applicant fails to meet any of these criteria, their loan application may be denied.

How to repay Cash 4 You loan

To repay your Cash 4 You loan, your regular scheduled payments are automatically withdrawn from your bank account. Additionally, you have the option to make additional payments at any time at one of our 100+ locations. This convenient method ensures timely repayment and allows flexibility for borrowers to manage their loan obligations efficiently.

Editorial opinion

Cash 4 You has established itself as a reputable player in the financial services industry, offering a range of products and solutions to meet the diverse needs of its customers. With its emphasis on providing exceptional customer service and convenient access to funds through channels like Western Union, it has garnered a positive reputation as a good company. While some may appreciate the benefits of its services, including quick access to funds and flexible repayment options, others may have concerns about the associated fees and interest rates. However, overall, Cash 4 You remains a reliable option for individuals seeking financial assistance, making it a great place to address short-term financial needs.

Important

Keeping your Debt-to-Income (DTI) ratio below 30-40% of your monthly income is crucial. This will help you avoid potential financial problems in the future. Additionally, always assess the necessity and feasibility of taking a loan, ensuring you can comfortably manage its repayment.

How to Choose a Lender

  1. Verify that the lender is registered with the appropriate regulatory authorities in Canada, such as the Financial Consumer Agency of Canada (FCAC), or is licensed to operate in your province.
  2. Check if the lender is a member of reputable industry associations in Canada, such as the Canadian Bankers Association (CBA) or the Canadian Lenders Association (CLA).
  3. Thoroughly review all terms and conditions outlined in your loan agreement. Understand the repayment schedule, interest rates, fees, and any penalties for late payments or defaults.
  4. Ensure that the contract clearly states the annual percentage rate (APR) and the total cost of borrowing, including any administrative fees or additional charges.
  5. Familiarize yourself with your rights regarding loan cancellation or early repayment. Canadian consumers have the right to cancel a loan within two business days after signing the agreement, without penalty.
  6. Research the lender's reputation by checking customer reviews, complaints, and feedback on reputable online platforms, as well as through resources provided by organizations like the Better Business Bureau (BBB).

Methodology

At Finanso, we've carried out a comprehensive analysis of over 70 lenders, assessing them based on 35 different parameters across six key categories: accessibility of loans, customer relations, quality of service, interest rates, and transparency of conditions.

In each category, we carefully considered the most critical factors in selecting a lender. These factors include the interest rates, available loan amounts, minimum credit score, minimum income, application fees, and the speed at which funds are transferred.

At Finanso, we highly value our users, which is why we also focus on the quality of customer service, user reviews, and additional features that can aid our users in making a well-informed decision.

Our ultimate goal is to provide insightful recommendations and expert advice to assist you in selecting a lender that best caters to your specific needs.

Additional resources

Sources

FAQ

What is Cash 4 You?

Cash 4 You is a financial services company that offers payday loans, installment loans, check cashing, and other money solutions to individuals in need of quick access to funds.

How quickly the funds can be received?

The funds from Cash 4 You can typically be received within 24 hours of approval, providing borrowers with fast access to the money they need.

How do you qualify for Cash 4 You?

To qualify for Cash 4 You loans, individuals typically need to be at least 18 years old, have a steady source of income, and provide proof of residency and a Canadian bank account.

How much can you borrow from Cash 4 You?

The amount that can be borrowed from Cash 4 You varies depending on the type of loan. For payday loans, individuals can borrow up to $1,500, while installment loans may offer higher amounts, up to $15,000.

Is Cash 4 You a legitimate company?

Yes, Cash 4 You is a legitimate company that has been operating for nearly two decades, providing financial services to individuals across Ontario and British Columbia.

Company documents

Privacy Policy
Terms of Use
Cash 4 You Accessibility Policy
Cash 4 You customer service accessibility policy
Cash 4 You Multi-Year Accessibility Plan

Our core values drive our passion and uncompromising dedication to treat every customer with the highest level of integrity. So our customers can have confidence knowing they’ve made a reliable and smart choice with Cash 4 You.

© Cash 4 You Corp.
Financial products
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.

Recommended FinScore™
0
300
650
1000
$1,000-$15,000
Rate
i

Effective interest rate on the product

up to 46.93%
Term
i

Loan term for the financial product

up to 60 months
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.

Recommended FinScore™
0
300
650
1000
$120-$1,500
Rate
i

Effective interest rate on the product

up to 391.07%
Term
i

Loan term for the financial product

up to 14 days
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