Loan protection plan

Here to help cover your payments if the unexpected happens.

Loan protection plans

Less Worry, More Coverage

rainy day expenses

Rest Assured

Help protect you, your family, assets, and credit rating.

easy enrollment

Easy Enrollment

Enrollment is as simple as checking a box in your application.

same day funding

Quick Claims

Most claim decisions are made within 72 hours based on the completed claims package being received by the insurer.

Optional Loan Protection Coverage*

Involuntary Unemployment

If you are laid off without cause.

Benefits

Payments may be made for up to 6 months.

Plus: if you are still unemployed after 6 months, an additional lump sum payment may be made equal to the remaining balance to a maximum of $2,000. (maximum potential total benefit $4,000)

Injury or Sickness

In the event that you sustain an injury or illness that prevents you from working for ten consecutive business days or longer.

Benefits

Payments may be made for up to 6 months.

Plus: if you are still unemployed after 6 months, an additional lump sum payment may be made equal to the remaining balance to a maximum of $2,000. (maximum potential total benefit $4,000)

Critical Illness

In the event that you are diagnosed with life-threatening cancer, suffer a stroke, heart attack, kidney failure or a major organ transplant for the first time in your life.

Benefits

100% payment
(your outstanding principal balance on date of critical illness. Max benefit $15,000)

Loss of Life

If you pass away.

Benefits

100% payment
(your outstanding principal balance on date of death. Max benefit $15,000)

Lifetime Milestone Support

For occasions such as retirement from employment, purchase of a home, final payment of mortgage, birth or adoption of a child, marriage, graduation from post-secondary education, first job after graduation, or attending an apprentice program training.

Benefits

Payments may be made for 3 months. Maximum potential benefit of $2,000.

Unpaid Family Leave Support

If you have an unpaid leave of absence from your employment for more than 14 days, approved by your employer, to provide care or support to your spouse, child, or parent with a serious health condition.

Benefits

Payments may be made for 3 months. Maximum potential benefit $2,000.

Protected from the Unexpected

Loan Protection Plan

Cash Money could help weather a financial storm by offering Installment Loans and Lines of Credit with an optional Loan Protection Plan*, so you can continue to meet your financial obligations if you experience lifetime milestones or unexpected changes. Alleviate your worries and borrow with reassurance by signing up for personal loan insurance under the optional Loan Protection Plan.

Apply for a Loan

*The optional Loan Protection Plan is a Credit Group Insurance Plan Underwritten by Canadian Premier Life Insurance Company and Canadian Premier General Insurance Company.

Get Your Answers from Cash Money

Cash Money is dedicated to providing the information you need to make an informed decision. Whether you have questions about the application process or how our loans work, we have answers for you.

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© 1992 - 2022 All Rights Reserved. Cash Money • 400 Carlingview Drive - Toronto, Ontario, Canada M9W 5X9

Loan availability and loan amounts vary by location.
Payday Loans are high cost loans. Loan amounts are subject to net pay and other qualification requirements. Promotional rates not available in Alberta, Manitoba or New Brunswick.
British Columbia Residents: The maximum charges permitted in British Columbia for a Payday Loan is 15% of the principal. We charge $15 per $100 borrowed. On a $300 loan for 14 days, the total cost of borrowing is $45, with a total payback amount of $345 and an APR of 391.07%. $300 for $20 promotional rate - Under this offer, on a $300 loan for 14 days, the cost of borrowing is $20, with a total payback amount of $320 and an APR of 173.81%. BC Licence #50066.
Manitoba Residents: The maximum allowable charge for a payday loan is 17% of the principal amount of the loan. We charge $17 per each $100 loaned. Sample loan on a $300 loan for 12 days, the cost of borrowing is $51, the total that must be repaid is $351 and an APR of 517.08%. To learn more about your rights as a payday loan borrower, contact the Consumer Protection Office at 1-204-945-3800, 1-800-782-0067 or at https://www.gov.mb.ca/cp/cpo/.
Newfoundland Residents: The maximum allowable cost of borrowing under payday loan agreements in Newfoundland and Labrador is $21 per $100 borrowed. We charge $21 per each $100 borrowed. On a $300 loan for 14 days, the total cost of borrowing is $63, with a total payback amount of $363 and an APR of 547.50%. $300 for $20 promotional rate - Under this offer, on a $300 loan for 14 days, the cost of borrowing is $20, with a total payback amount of $320 and an APR of 173.81%.
Nova Scotia Residents: The cost of borrowing is $19.00 per $100 on a $300 loan for 14 days (495.36% APR). $300 for $20 promotional rate - Under this offer, the cost of borrowing is $6.67 per $100 on a $300 loan for 14 days (173.81% APR).
Ontario Residents: The maximum allowable cost of borrowing per $100 borrowed in Ontario is $15. We charge $15 per $100 borrowed. On a $500 loan for 14 days, the cost of borrowing is $75, with a total repayment amount of $575 and an APR of 391.07%. $300 for $20 promotional rate - Under this offer, on a $500 loan for 14 days, we charge $6.67 per $100 on the first $300 borrowed and then $15 per $100 on the additional $200 borrowed, with a total cost of borrowing of $50, at total repayment amount of $550 and an APR of 260.71%.
Saskatchewan Residents: The maximum allowable cost of borrowing under payday loan agreements in Saskatchewan is $17 per $100 borrowed. We charge $17 per each $100 borrowed. On a $300 loan for 14 days, the total cost of borrowing is $51, with a total payback amount of $351 and an APR of 443.21%. $300 for $20 promotional rate - Under this offer, the maximum allowable cost of borrowing under payday loan agreements in Saskatchewan is $17 per $100 borrowed. Under this offer, on a $300 loan for 14 days, the total cost of borrowing is $20, with a total payback amount of $320 and an APR of 173.81%.
Installment Loans/Lines of Credit: Loan minimum of $100 to a maximum of $10,000, based on a completed application, net pay and other qualification requirements, and customer verification including a credit check. Installment loan terms are from 6 months to 60 months and are based on the amount borrowed. Payments are due on scheduled income deposits. Cash Money offers personal loans and is not a credit repair service. APR/Annual Interest Rate 46.93%.
Lending decisions and funding times subject to system limitations. Opt+ instant funding is only available for existing Opt+ cardholders (sold separately), and is not available to payday loan borrowers in British Columbia.
Loan Protection: Must be 18 years of age or older, and under 70 years of age to be eligible. The optional Loan Protection Plan is a Credit Group Insurance Plan Underwritten by Canadian Premier Life Insurance Company and Canadian Premier General Insurance Company.
Western Union® and the Western Union® logo are registered trademarks of Western Union® Holdings, Inc.
Opt+: This card is issued by PACE Savings & Credit Union Limited pursuant to license by Mastercard™ International. Use of this card is governed by the agreement under which it is issued. Mastercard is a registered trademark, and the circles design is a trademark of Mastercard International Incorporated. Tap & Go is a trademark of Mastercard International Incorporated. Data rates may apply. Card funds are not insured by Canada Deposit Insurance Corporation or any other government deposit insurer or agency.
Lending decisions and funding times subject to system limitations.
15-minute funding available only when using Interac e-Transfer®. Subject to bank processing and system limitations. Interac e-Transfer® can be used to transfer funds up to $10,000. Interac® and the Interac design are registered trademarks of Interac Inc.
Google Play is a trademark of Google Inc. Apple and the Apple logo are trademarks of Apple Inc., registered in the U.S. and other countries. App Store is a service mark of Apple Inc. Data rates may apply.
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