Your cash.Same day.No credit check.
Loans from $300 to $1,500. Apply online in about 2 minutes and get an instant decision. If approved, you receive your money the same day by free Interac e-Transfer.
Compare an instant loan or a cash advance in Canada.
No credit check. Maximum 28% APR, all service fees included.
Compare an instant loan or a cash advance in Canada.
Real clients.Real words.
Every quote is published verbatim from an Alter Cash client.
“I had no problem with them. They respond very quickly and everything with the transfer and payment went smoothly.”
“Very helpful and fast responding agent, get the money 4 hours after my application!”
Money in 3 steps.
From application to e-Transfer, everything happens online. No paperwork, no branch, no waiting room.
Apply online
Choose your amount and fill out a quick form, about 2 minutes, from anywhere.
Get an instant decision
Our automated process reviews your application right away, with no credit check.
Receive your money
Approved applications are funded the same day by free Interac e-Transfer.
Application, review,and transfer if approved.
The three parts of the process. No step is hidden.
- Apply
A short form.
About two minutes, whenever you need it, with no branch and no waiting room.
- 100% online, 24/7, anywhere in Canada
- No paperwork
- Secure and confidential
- Review
Your banking history, not your credit score.
The automated process looks at your income and your banking history.
- 18 or older, Canadian bank account
- $1,200 or more a month by direct deposit
- Employed for at least 3 months
- Meeting these conditions means a review, not an approval
- Transfer
Interac e-Transfer,
and it is free.If approved, the funds go out by Interac e-Transfer with no transfer fee. A one-time $0.95 transaction fee applies when a loan is issued.
- Sent to a Canadian bank account
- Approved applications are funded the same day
- Repay early, in full or in part, with no penalty
Ready to start?Pick your amount.
No credit check. Maximum 28% APR, all service fees included.
Four reasonsto choose us.
A small loan you apply for online, with terms that are clear from the start.
No credit check.
Your credit score is not part of the decision. The process looks at your income and your banking history instead.
What we review
- Your income
- Your banking history
Not consideredCredit score
Same-day deposit
Approved applications are funded the same day by Interac e-Transfer.
100% online, 24/7
Apply from anywhere in Canada, at any hour.
Repay early, free
Pay your loan back early, in full or in part, at any time, without any penalty.
When this is the right tool.And when it is not.
A short-term loan suits some needs, not all. Here is when it helps, and when it makes things worse.
When it fits
- The need is one-off and short-termIt has an end date, and that date is close.
- You can afford the repaymentsWithout cutting into rent, utilities or food.
- You have read what it costs firstMaximum 28% APR, all service fees included.
- You have checked the alternativesAn employer advance, a payment arrangement with the creditor, or help from family may cost less.
When it does not
- The shortfall repeats every monthA short-term loan does not fix this. It only postpones it.
- You would borrow to repay other creditStacking loans raises the total cost and the risk.
- Your need is long-termThese loans are designed for the short term. They do not replace long-term financial planning.
- Repayment would need another loanIf the only way to repay is to borrow again, this loan is not a fit.
If a payment is going to be difficult, contact us before the due date. A returned payment costs $50.00.
Real people.Real answers.
The application is online. A real agent answers your questions and helps you find options if a payment ever becomes difficult.
The terms,before you accept.
Here is what the loan costs and who qualifies.
Borrow responsibly. Our loans are short-term solutions, not long-term planning. Use them when no better option is available.
The maximum rateAll service fees included.
28%APR max0%ceiling at 28%
- Annual percentage rate28% maximum
- One-time transaction fee when your loan is issued$0.95
- Interac e-TransferFree
- Returned payment (NSF)$50.00
Amounts and repaymentRepay early, in full or in part, without any penalty.
$300to $1,500- Early repayment, full or partialFree, anytime
- Repayment term and scheduleSet in your agreement
All fees are disclosed before you accept a loan.
EligibilityWe review your application against these requirements. Meeting them is not a guarantee of approval.
$1,200min monthly income- Be 18 or older
- Earn at least $1,200 per month, paid by direct deposit
- Be a Canadian citizen with a Canadian bank account
- Be employed for at least 3 months
- Not be in a bankruptcy situation
- Have no history of frequent NSF payments
Income and accounts we do not accept
Self-employed income, child tax credit, retirement savings, student loans, social assistance, KOHO accounts, or the ODSP program.
Questions?Answered.
If the answer you need is not here, a real agent can answer your question.
Talk to a real person →Between $300 and $1,500, regardless of your credit history. Borrow the amount you actually need: a smaller loan means smaller payments and less interest overall.
No. We do not make a hard inquiry with Equifax or TransUnion. Eligibility rests on instant bank verification (IBV), which looks at your income and account activity. So applying does not trigger a hard inquiry.
We review applications during business hours, Monday to Friday, 8am to 6pm. If you receive an offer and sign your contract electronically, the funds are sent the same day by Interac e-Transfer, with no transfer fee. If you apply early in the day, the deposit can go out earlier.
To apply, you must be 18 or older, a Canadian citizen, and have a Canadian bank account. You must also have been employed for at least 3 months and earn at least $1,200 per month, paid by direct deposit. You must not be bankrupt or have a history of frequent NSF payments. We review these criteria. Meeting them does not guarantee approval.
Yes. You can repay all or part of your loan at any time, without a penalty.
Once your current loan is repaid according to your agreement, you may be eligible to renew. Contact us to find out which options apply to your situation.