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Get cash fast with an Installment Loan

Borrow up to $15,000 with a quick application and approval process.

Installment Loan Learning Center

Taking out a loan can seem like a big thing, but we’re here to help. You have questions, we have simple, straightforward answers.

How Do Installment Loans Work?

A Money Mart® Installment Loan is money you borrow, up to $15,000. Based on your pay cycle and total loan amount, you repay your loan in several payments over a period of 12 to 60 months*. Each payment will automatically be deducted from your bank account, so you'll never have to worry about missing a payment.

 

What Do I Need to Apply?

  • Be at least 19 years of age
  • A bank account
  • A steady source of income
 

How long does it take to get approved and receive the funds?

You will receive a decision once your loan application is submitted. However, funding of the loan is contingent upon verification of your application information and signature on all loan agreements. Upon online approval you will need to visit ANY Money Mart store for document verification and finalization of your application agreement. Once finalized, you will have the option to receive the funds in cash or have them electronically deposited into your bank account.

Ready to apply?

Start the application today, get approved today.

Still have questions? We've got answers:

How much can I borrow with an Installment Loan?
Installment loan amounts range from $1000 to $15000
How do I get the funds?
Upon online approval you will need to visit ANY Money Mart store for document verification and finalization of your application agreement. Upon successful verification you will have the option to receive the funds in cash or have them electronically deposited into your bank account.
How long does it take to get approved?
You will receive a decision once your loan application is submitted. However, funding of the loan is contingent upon verification of your application information and signature on all loan agreements.
How do I check my loan application status?
When you submit your application, you will set up a username and password to log in as a returning customer. Using this web site, you will be able to track the status of your loan, perform basic account maintenance, review your loan details, or even make additional payments. You will also receive emails updating you on the status of your loan application.
Why is it important for me to read and understand my loan agreement?
The loan agreement you read and sign prior to receiving your loan is a contract between you and the lender. The loan agreement fully outlines the terms and conditions of the loan. It is important that you read and understand the terms and conditions of the agreement. If you have any questions concerning the agreement, please contact customer service at Installmentonline@moneymart.ca or by calling 1-877-819-5857.
What if I have poor credit?
Your credit report is not the only variable we consider. We utilize risk assessment tools that verify the accuracy of information on your application and may review customer payment history on similar products.
If I am bankrupt, can I still get a loan?
We are able to consider customers who have been discharged for past bankruptcies.
Can I pay off the entire loan and if so, is there a penalty?
You can pay off your loan at any time with no penalties

Installment loans, apply and get approved same day.