6 loans like Cash Central

Cash Central is a US-based lender that offers payday and installment loans. It’s upfront about its rates and terms, and if US residents apply at a store, they could receive the loan within the same day.

But like other payday loan lenders in both the US and Canada, Cash Central charges high fees resulting in APRs exceeding 500% in some cases. Pay advance apps are typically a cheaper alternative, as they typically don’t come with interest or fees on what you borrow, which can help you avoid a cycle of debt.

Since Cash Central only operates in the US, we’ve rounded up this list of Canadian alternatives including pay advance apps, payday loans and installment loan options. These alternatives come with features like lower fees, same-day funding and Interac e-Transfer depending on the type of loan.

Is Cash Central in Canada?

No, Cash Central is not available in Canada. In order to apply for a Cash Central loan product, you’ll need to have a Social Security number, which you can only have if you’re a US citizen, permanent resident or temporary resident.

Payday loans like Cash Central in Canada

• Alternative for fast payday loans: iCash
• Alternative for emergency loans: GoDay
• Alternative for in-store payday lender: Cash Money

Loans like Cash Central that are not payday loans

• Alternative for flexible repayments: Nyble
• Alternative for cash advance: KOHO
• Alternative for installment loans: LoansLoans.ca

Compare payday loans like Cash Central

Alternative for fast payday loans: iCash

Go to site Read review

iCash Payday Loan

$100 – $1,500
Loan amount

7 – 62 days
Loan Term

2 minutes
Min. Turnaround Time

• Info
• Pros + Cons
• Details

iCash provides quick funding and accepts non-employment income. You can get e-Transfer funding in as little as 2 minutes after approval. iCash provides payday loans similar to what Cash Central offers.

• 4.7/5 stars based on over 2,300 Trustpilot reviews
• Get money within an hour
• Get funded 24/7

• Payday loans are expensive
• Short repayment terms
• Only available in AB, BC, MB, NB, NS, ON, PEI

Loan amount	$100 – $1,500
APR	Varies by province
Term	7 - 62 days
Min. Turnaround time	As little as 2 minutes with Interac e-Transfer
How to apply	Online In Store
Credit Check	Yes

Alternative for emergency loans: GoDay

Go to site Read review

GoDay Payday Loan

$100 – $1,500
Loan amount

1 – 62 days
Loan Term

2 minutes
Min. Turnaround Time

• Info
• Pros + Cons
• Details

GoDay offers payday loans you can apply for and get approved for within minutes. Once approved, loan funds can be transferred within minutes. Like Cash Central, GoDay offers payday loans, allowing you to borrow up to $1,500 at a time.

• 4.5/5 stars based on over 2,400 Trustpilot reviews
• Get loan funds via e-transfer
• Apply and get funding 24/7

• Very expensive APR
• Can easily trap customers in a cycle of debt
• Only available in AB, BC, MB, NB, NS, ON, PEI, SK

Loan amount	$100 – $1,500
APR	Varies by province
Term	Up to 62 days
Min. Turnaround time	As little as 2 minutes with Interac e-Transfer
How to apply	Online In Store
Credit Check	Yes

Alternative for in-store payday lenders: Cash Money

Read review

Cash Money Payday Loan

$100 – $1,500
Loan amount

5 – 40 days
Loan Term

15 minutes
Min. Turnaround Time

• Info
• Pros + Cons
• Details

Through its payday loans, Cash Money offers similar loan amounts and interest rates compared to Cash Central. Get instant approval and funding in as little as 15 minutes when you apply with Cash Money.

• Instant decisions
• Fast access to funds
• Established lender with A+ Better Business Bureau rating

• Not available in all provinces
• High cost of borrowing

Loan amount	$100 – $1,500
APR	Varies by province
Term	5 - 40 days
Min. Turnaround time	As little as 15 minutes with INTERAC e-Transfer
How to apply	Online In Store
Credit Check	Yes

Compare other loans like Cash Central

Alternative for flexible repayments: Nyble

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Nyble Credit Line

$30 – $250
Loan amount

Starting at 0%
APR

30 days, extendable
Term

• Info
• Pros + Cons
• Details

Apply online for an interest-free line of credit of up to $250 to cover small expenses and build your credit. Get funds in 1-3 business days with a free account. For $11.99 per month, get access to premium services, including funding in 1-30 minutes, a free Equifax credit report and identity theft protection. Repay on your next payday or extend the deadline.

• No credit check required
• No application fee
• No late payment fee
• More affordable than payday loans

• $11.99 per month for fast transfers, full credit report and other premium perks
• Small loan amounts only

Loan amount	$30 – $250
APR	Starting at 0%
Term	30 days, extendable
Fees	0% interest with optional fees
Origination fee	$11.99
Turnaround time	1-30 minutes with a paid membership or 1-3 business days with a free membership.

Alternative for cash advances: KOHO

Go to site

$20 – $250
Loan amount

Starting at 0%
APR

Flexible
Term

• Info
• Pros + Cons
• Details

Get a zero-interest cash advance ranging from $20 to $250 when you pay a 0% interest with a subscription fee starting at $2/month. You'll need a KOHO account to access this service.

• No late fees
• 0% interest
• No impact on credit score
• Free financial coaching service

• KOHO savings account required

Loan amount	$20 – $250
APR	Starting at 0%
Term	Flexible
Fees	0% interest with a subscription fee starting at $2/month
Turnaround time	Immediately
Serviced provinces	All provinces and territories

Alternative for installment loans: LoansLoans.ca

7 Great

Go to site

$500 – $1,000
Loan amount

28% – 32%
APR

3 - 12 months
Term

• Info
• Pros + Cons
• Details

Like Cash Central, LoansLoans.ca offers fast short-term installment loans with no credit check. NCR Financial, the company that operates LoansLoans.ca, has been in business for over 15 years and is registered in Quebec.

• Apply online and get approval within one hour
• Interest rates can reach as high as 32%
• Services: All of Canada (except Manitoba)

• Small loan amounts between $500 and $1,000
• The broker fee can be as high as $300

Loan amount	$500 – $1,000
APR	28% – 32%
Term	3 - 12 months
Min. credit score	300
Fees	Late payment fee (2.66% per month), $45 NSF fee, broker fee
Origination fee	$300
Turnaround time	Receive funds in less than 24 hours
Serviced provinces	All of Canada (except Manitoba)

How does Cash Central compare?

Cash Central offers payday loans and installment loans in the 22 states across the US where it’s licensed to operate. US residents can apply online or at a retail location with funding as soon as the same-day. That said Cash Central payday loans comes with very high rates – sometimes exceeding 500% APR.

How to decide which Cash Central alternative is right for you

Because Cash Central isn’t available in Canada, it’s important to decide which Canadian alternative lender is the right fit for your needs.

You’ll first need to decide what type of loan to apply for based on how much money you need. If you only need a small loan to tie you over to the next payday, a 0% interest pay advance from an app like Nyble might be your cheapest option.

If you need to borrow a larger amount and you have bad credit, consider an installment loan from a lender like LoansLoans.ca.

Because they’re one of the most expensive loan options on the market, and can easily trap borrowers in a cycle of debt, it’s usually best to only use payday loans as a last resort. If you do opt for a payday loan, consider reputable lenders like GoDay and iCash, which offer online applications for up to $1,500 with loan funding within minutes of applying.

Written by

Chelsey Hurst

Publisher

Chelsey Hurst is a publisher at Finder, specializing in banking and investments. She loves empowering people to avoid financial pitfalls and make better decisions with their money. Chelsey has a Bachelor of Science from Redeemer University, a Master of Science from McMaster University, and has won multiple awards for research communication. In her spare time, Chelsey enjoys cooking and taking long walks in nature. See full bio

Co-written by

Kat Aoki

Writer

Kat Aoki was a personal finance writer at Finder, specializing in consumer and business lending. She’s written thousands of articles to help consumers make better decisions on their home loans, bank accounts, credit cards, cryptocurrency and more. Kat is well versed in working with leading brands in the real estate, mortgage and personal finance industries, and her expertise has been featured on Forbes Advisor, Lifewire and financial comparison sites like iSelect and realestate.com.au. She holds a BS in business administration from California State University, Sacramento and enjoys hiking and yoga in her spare time. See full bio

Kat's expertise

Kat has written 12 Finder guides across topics including:

• Mortgages
• Home equity loans
• Mortgage refinancing