Installment loans
Quick cash when
Apply for an installment loan online in minutes, see your repayment plan upfront, and have funds in your account as soon as today.*
Loan calculator
How much would you like to borrow?
Support that shows up
We say yes when others say no.
Cover life’s larger costs
Cover bigger expenses with easy payments.
Check eligibility, no credit impact
Check your options without affecting your credit score.
Build credit
On-time payments may improve your credit score.
Terms that fit you
Choose a repayment term that works with your life.
Trusted locally
Proudly serving your community since 1982.
Installment loans made simple
$500 to $25,000
6-84 months
Borrow $500 to $25,000 instantly*
Repay in installments that fit your budget
Borrow larger amounts for bigger expenses
On-time payments may improve your credit score
Hear from our customers
Simple, secure, straightforward
1. Discover your borrowing limit
Check your loan eligibility amount without affecting your credit score.
2. Apply easily
Online, in the app or at a branch, it’s easy and secure.
3. Get your money
Approval and funds as soon as the same day.*
What you need to apply for an installment loan
Be at least 18 years old (or 19 in BC, NB, NL, NS, and the NT) and have a valid government-issued ID
Have a chequing account and a steady income
Most recent pay stub (within 30 days)
Bank statement showing last two direct deposits
Voided cheque or pre-authorized debit (PAD) form
A valid photo ID (clear scan or photo)
Your privacy, our priority
We keep your data safe with strong security and encryption
Apply your way, on your time
Whether you start online and finish in branch, or do it all in one place, applying for an installment loan is easy.
You can build credit with on-time payments
Installment loans are reported to the credit bureau, so paying on time may help you build your credit score.
Your installment loan questions, answered
An installment loan is a lump sum you repay over time in regular, predictable payments, usually 6 to 84 months.
Amounts typically start at $500 and can go up to $25,000, depending on provincial rules.
Repayments are scheduled to match your pay frequency - weekly, bi-weekly, or monthly, and are automatically withdrawn from your bank account. Your loan agreement clearly shows how many payments you’ll make, the amounts, and the due dates.
Yes! You can pay off your installment loan anytime without penalties.
No! You can pay off your installment loan early, and there are no prepayment penalties. You may repay at any time penalty-free.
If you miss a payment, your agreement will outline any penalties, which can include late fees, additional interest, or NSF fees. Some fees may be applied by your bank.
You can only have one active installment loan with Money Mart at a time. If you need more funds, you may qualify to refinance your existing loan.
Looking for more answers?
We’re ready to support you every step of the way.
Installment loans with Money Mart
Need a clear way to cover a bigger expense? Installment loans with Money Mart give you a straightforward plan to borrow and repay over time, with fixed payments that fit your budget and no hidden fees. Apply for a personal loan online in minutes, see your repayment upfront, and have funds in your account as soon as the same day. Online or in-branch, get an installment loan from Money Mart and move forward with confidence, even if your credit is less than perfect, with amounts from $500 to $25,000.
Not sure where to start? Check if you’re eligible for an installment loan in just a few clicks. It won’t affect your credit score. Begin your installment loan application online and finish at your branch if you prefer, your progress will be saved, so you never have to start over.