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You have questions. We have simple, straightforward answers.

  • Who qualifies?
    • In Alberta, all customers will receive a Cash Advance repayable in installments.
    • In British Columbia, customers taking their third Cash Advance in 62 days will qualify for an extended payment plan.
    • In Ontario, customers taking their third Cash Advance in 63 days will qualify for an extended payment plan.
  • How many installments will I have?
    • The number of installments will depend on your pay frequency.
    • If you are paid semi-monthly or more frequently, you will have the opportunity to repay your loan in equal payments over 3 pay periods.
    • If you are paid monthly or less frequently, you will have 2 pay periods to repay your loan.
  • In Alberta, all customers will receive a Cash Advance repayable in installments.
  • In British Columbia, customers taking their third Cash Advance in 62 days will qualify for an extended payment plan.
  • In Ontario, customers taking their third Cash Advance in 63 days will qualify for an extended payment plan
  • Government regulations mandate that we must set up your loan for the extended payments. It's up to you whether you choose to let those equal payments be deducted from your bank account or if you want to repay your loan in cash, in full three business days prior to the due date at a Money Mart store.
  • Option 1: Repay your loan in equal payments over your next two or three paydays. The payments will be deducted from your chequing account on each of your next two or three paydays.*
    • You will not be able to apply for another loan until all payments have cleared your account.
  • Option 2: You always have the option to repay you loan in full in one payment. This payment will need to be made by cash or debit at a Money Mart store at least three business days prior to the due date.
    • You will be able to apply for another loan right away.

*Repayment may span four paydays depending on timing and pay frequency.

  • Yes you can. This option allows you to apply for a new loan right away. You will need to visit a Money Mart location to make the payment at least three business days prior to your due date. Payment can be made by cash or debit (not credit or cheque).
  • If your first payment was deducted from your account, you still have the option to repay the remainder in cash at a Money Mart store. However, the payment must be made at least three business days prior to the next due date. The entire outstanding loan must be paid, not just that payment amount.
  • No, if you come into the store at any time during your extended repayment period to make a cash payment, you must pay the entire outstanding loan amount at that time.
  • You can only re-loan once your original loan is paid in full.
    • If you opted to pay cash in store and repaid the full loan amount, you can re-borrow online immediately. If you re-borrow within three business days, you will need to upload a copy of your payment receipt.
    • If you are making extended payments, you will need to wait to re-loan until all payments have cleared your account.
  • The pre-authorized debit needs to be sent to the bank for processing and the banks require three business days to cancel a pre-authorized debit.