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eCash2Go Review

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About lender

eCash2Go, an online lending service operating in Canada, offers accessible financial solutions of up to $2000 to individuals facing unexpected expenses. Specializing in payday loans, eCash2Go facilitates quick and convenient access to cash, with the entire process streamlined for efficiency.

One of the key features of eCash2Go is their commitment to inclusivity, as they do not solely base loan decisions on credit scores. Instead, the service considers other factors such as employment status and income stability, ensuring that a wider range of individuals can access the funds they need in times of financial strain. With a focus on transparency and simplicity, eCash2Go aims to provide a reliable solution for those seeking short-term financial assistance in Canada.



  • Quick and Convenient Application Process. eCash2Go offers an easy-to-use online application form, allowing users to apply for loans from the comfort of their own homes.
  • Fast Approval. With an automated loan system, eCash2Go provides instant approval decisions, often within minutes of applying.
  • Direct Deposit. Approved funds are conveniently sent directly to the borrower's bank account via INTERAC e-Transfer, typically within one hour of approval.

Pros and cons


No Credit Check. Unlike traditional lenders, eCash2Go does not base loan decisions solely on credit scores, making it accessible to individuals with bad credit or no credit history.

Inclusive Eligibility Criteria. To qualify for a loan, applicants must be Canadian residents aged 18 or older, employed with a steady income, and receiving direct deposit payments.

Responsive Customer Support. eCash2Go provides accessible customer service to address inquiries and assist borrowers throughout the loan process.


High Interest Rates. While eCash2Go advertises competitive interest rates, payday loans typically come with higher interest rates compared to traditional loans, potentially resulting in higher overall repayment amounts.

Short Repayment Periods. Payday loans from eCash2Go have short repayment periods, ranging from 60 to 90 days, which may be challenging for borrowers to meet if they experience financial difficulties.

Potential for Debt Cycle. Due to the short-term nature of payday loans and the high interest rates involved, borrowers may become trapped in a cycle of debt if they are unable to repay the loan in full by the due date.


While eCash2Go presents itself as a convenient solution for short-term financial needs with its quick application process and flexible repayment options, independent feedback on other platforms, for example, Trustpilot reviews, is scarce, making it challenging to gauge customer experiences comprehensively. While the absence of reviews may not necessarily indicate unreliability, prospective borrowers may find it beneficial to seek additional information or reviews from other sources to make an informed decision. It's advisable for individuals considering eCash2Go to thoroughly review the terms and conditions of their loans and assess their own financial circumstances before proceeding.

How to apply for an eCash2Go loan?

  1. Visit the Website. Begin by visiting the eCash2Go website to access the online application form. The website is user-friendly and easily navigable, ensuring a smooth application process.

  2. Complete the Application Form. Click on the "Get You Loan Now!" button and you will be redirected to an application form. Fill it with the required information, including personal details, employment status, and income information. Be sure to provide accurate information to expedite the approval process.

  3. Choose Loan Amount. Select the desired loan amount based on your financial needs and repayment capability. eCash2Go offers loans ranging from $350 to $2,000, allowing borrowers to tailor the loan amount to their specific requirements.

  4. Use Instant Bank Verification (IBV). Opt for the Instant Bank Verification (IBV) option for quick processing of your application. IBV allows eCash2Go to verify your bank account information securely and efficiently, expediting the approval process.

  5. Submit Application. Once you have completed the application form and selected the loan amount, submit your application for review. The system will automatically process your application and determine the loan amount you qualify for.

  6. Receive Approval Decision. Within minutes of submitting your application, you will receive an instant approval decision from eCash2Go. The automated loan system assesses your eligibility based on the information provided and approves the loan amount accordingly.

  7. Accept Loan Terms. Upon approval, carefully review the loan terms, including checking for any hidden fees, such as upfront fee, interest rates, and repayment schedule. Ensure that you understand the terms and conditions before accepting the loan offer.

  8. Receive Funds. Once you have accepted the loan terms, the approved funds will be deposited directly into your bank account via INTERAC e-Transfer. In most cases, funds are disbursed within one hour of approval, providing quick access to the money you need.


  • Loan Amounts. eCash2Go offers payday loans ranging from $350 to $2,000, providing borrowers with the flexibility to choose the amount that suits their financial needs.
  • Repayment Periods. Borrowers can select repayment plans ranging from 3, 6, or 12 installments. The minimum repayment period is 60 days, with a maximum of 90 days, allowing borrowers to tailor the repayment schedule to their preferences and financial situation.
  • Interest Rates. The maximum annual interest rate (APR) for payday loans with eCash2Go is 32%, ensuring transparency and compliance with regulatory requirements. Borrowers should carefully review the interest rates associated with their loan offer before accepting the terms.
  • No Credit Check. eCash2Go does not base loan decisions solely on credit scores, making it accessible to individuals with poor credit or no credit history. Instead, the service considers factors such as employment status and income stability when assessing eligibility for loans.


  • Canadian Residency. To qualify for a payday loan with eCash2Go, applicants must be Canadian residents, providing proof of residency through a valid government-issued identification document.
  • Age Requirement. Borrowers must be at least 18 years old according to Canadian laws. Proof of age may be required during the application process to verify eligibility.
  • Employment Status. Applicants must be employed, and working for a company regularly. eCash2Go prioritizes stability in its borrowers' lives, requiring evidence of steady employment to ensure repayment capability.
  • Direct Deposit. To be eligible for a loan, borrowers must receive their income via direct deposit into a bank account on a determined frequency. This requirement helps eCash2Go verify income stability and facilitates the disbursement of approved funds via INTERAC e-Transfer.
  • Employment History. Borrowers should have a minimum employment history of 4-6 months at the same job to qualify for a payday loan with eCash2Go. Consistent employment demonstrates reliability and increases the likelihood of loan approval.
  • Active Bank Account. Applicants must have an active bank account in their name to receive approved funds via INTERAC e-Transfer. This requirement ensures that borrowers have a secure and convenient means of accessing the loan proceeds.

Ways to receive the money

INTERAC e-Transfer. Upon approval of the loan application, eCash2Go disburses the approved funds directly to the borrower's bank account via INTERAC e-Transfer. This electronic transfer system allows for quick and secure transmission of funds, often within one hour of approval. Borrowers can access the funds immediately upon receipt of the e-Transfer notification, providing fast access to the money they need to cover unexpected expenses.


Payday Loans ($350 to $2,000). Payday loans provided by eCash2Go are designed to offer short-term financial assistance to individuals facing unexpected expenses. These loans are repaid within 60 to 90 days, with flexible repayment plans available in 3, 6, or 12 installments.

Reasons you may be denied an eCash2Go loan

  • Insufficient Income. eCash2Go requires applicants to have a steady source of income to ensure their ability to repay the loan. If an applicant's income does not meet the minimum requirements or is deemed unstable, their loan application may be denied.
  • Incomplete or Inaccurate Information. Providing incomplete or inaccurate information on the loan application form can lead to a denial. eCash2Go relies on the information provided by applicants to assess eligibility, and any discrepancies or missing details may result in rejection.
  • Employment Status. Applicants must be employed and have a stable job to qualify for a loan with eCash2Go. If an applicant is unemployed, self-employed without consistent income, or does not meet the employment requirements, their loan application may be denied.
  • Bank Account Issues. To receive the approved funds via INTERAC e-Transfer or direct deposit, applicants must have an active bank account in their name. If there are issues with the provided bank account, such as closure or insufficient funds, eCash2Go may deny the loan application.

How to repay an eCash2Go loan

  1. Understand Your Repayment Terms. Before taking out a loan with eCash2Go, familiarize yourself with the repayment terms outlined in your loan agreement. This includes the total loan amount, interest rate, repayment schedule, and any applicable fees.

  2. Set Up Automatic Payments. To ensure timely repayment, consider setting up automatic payments from your bank account. eCash2Go offers convenient options for automatic debits, allowing you to schedule payments in alignment with your payday or income schedule.

  3. Contact Customer Support. If you encounter any difficulties or have questions about the repayment process, don't hesitate to reach out to eCash2Go's customer support team for assistance. They can provide guidance on making payments, address any concerns, and help you navigate the repayment process effectively.

  4. Monitor Your Bank Account. Keep track of your bank account activity to ensure that loan repayments are processed successfully. Monitor your account statements regularly to confirm that payments have been debited as scheduled and to identify any discrepancies or issues that may arise.

Editorial opinion

eCash2Go offers a convenient and accessible option for individuals seeking short-term financial assistance in Canada. With its streamlined online application process, quick approval decisions, and flexible repayment options, eCash2Go aims to provide a reliable solution for those facing unexpected expenses. While the service offers transparency in terms of fees and interest rates, borrowers should exercise caution and carefully review the terms of their loan agreements to ensure they fully understand their financial obligations. Additionally, while eCash2Go does not solely base loan decisions on credit scores, individuals with poor credit or no credit history should be aware of the potential impact of high interest rates on their overall repayment amounts.


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).


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

  • eCash2Go Customer Reviews



What is eCash2Go?

eCash2Go is one of online lenders operating in Canada, offering online cash loans to individuals in need of short-term financial assistance. With its user-friendly platform, borrowers can easily apply for loans ranging from $350 to $2,000, with flexible repayment plans available. While eCash2Go prioritizes accessibility and convenience, borrowers should carefully review the terms and conditions of their online loans to ensure they understand the associated fees and interest rates.

How quickly the funds can be received?

Funds from eCash2Go can typically be received within a short timeframe of one business day, often within one hour of loan approval. The service utilizes INTERAC e-Transfer to disburse approved funds directly to the borrower's bank account, providing quick access to the money needed to cover unexpected expenses. This expedited process ensures that borrowers can receive the funds they require promptly, making eCash2Go a suitable option for individuals facing urgent financial needs.

How do you qualify for eCash2Go?

To qualify for eCash2Go, applicants must meet certain eligibility criteria, including being Canadian residents aged 18 or older, having a steady source of income, and receiving income through direct deposit into a bank account. Additionally, eCash2Go does not solely base loan decisions on credit scores, making it accessible to individuals with poor credit or no credit history. However, applicants should provide accurate information and comply with all requirements outlined by eCash2Go to increase their chances of loan approval.

How much can you borrow from eCash2Go?

eCash2Go offers payday loans ranging from $350 to $2,000, providing borrowers with a range of options to meet their short-term financial needs. This flexibility allows individuals to borrow an amount that aligns with their specific circumstances and repayment capability. While eCash2Go advertises these loan amounts on its platform, it's essential for borrowers to carefully consider their financial situation and borrowing needs before deciding on the loan amount that best suits them.

Is eCash2Go a legitimate company?

As for the legitimacy of eCash2Go, the company operates as an online lending service in Canada, offering personal loan alternatives to eligible applicants. While eCash2Go presents itself as a legitimate option for individuals seeking quick access to funds, determining the legitimacy of any financial service provider involves considering various factors, such as regulatory compliance, transparency, and customer reviews. While eCash2Go appears to operate within the bounds of Canadian regulations governing payday loans, prospective borrowers should conduct their research on financing options and exercise caution when engaging with any financial service provider.

The best way to borrow money online in Canada. No waiting, no paperwork, no hassle.

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