iCash vs Cash Money
A detailed side-by-side comparison of two popular Canadian lenders. See how they stack up on rates, loan amounts, eligibility, and overall experience.
Side-by-Side Comparison
| Feature | iCash | Cash Money |
|---|---|---|
| Loan Amounts | Up to $1,500 | $500 – $10,000 |
| Interest Rates | $14 per $100 borrowed (where applicable) | Up to 34.99% APR |
| Loan Terms | Up to 62 days | Up to 60 months |
| Credit Required | No minimum credit score | All credit types considered |
| Funding Speed | Same day (Interac e-Transfer) | Same day |
| Headquarters | Montreal, Quebec | Toronto, Ontario |
| Founded | 2006 | 1992 |
| Best For | Emergency borrowers who need small amounts fast with any credit score | Borrowers who prefer in-person service or need same-day access to cash |
Loan Amounts
iCash
Up to $1,500
Cash Money
$500 – $10,000
Interest Rates
iCash
$14 per $100 borrowed (where applicable)
Cash Money
Up to 34.99% APR
Loan Terms
iCash
Up to 62 days
Cash Money
Up to 60 months
Credit Required
iCash
No minimum credit score
Cash Money
All credit types considered
Funding Speed
iCash
Same day (Interac e-Transfer)
Cash Money
Same day
Headquarters
iCash
Montreal, Quebec
Cash Money
Toronto, Ontario
Founded
iCash
2006
Cash Money
1992
Best For
iCash
Emergency borrowers who need small amounts fast with any credit score
Cash Money
Borrowers who prefer in-person service or need same-day access to cash
Pros & Cons
iCash
Pros
- No minimum credit score requirement
- Same-day funding via Interac e-Transfer
- Simple online application — no documents needed upfront
- Trust Rating System rewards returning borrowers with higher limits
Cons
- Maximum loan amount is only $1,500
- High cost of borrowing compared to traditional loans
- Short repayment terms (up to 62 days)
Cash Money
Pros
- Over 30 years of established lending history in Canada
- Multiple product types: payday, installment, and line of credit
- Same-day funding available
- Both online and in-person application options
Cons
- Interest rates can reach 34.99% APR for installment loans
- Payday loan products are high-cost short-term borrowing
- Not all products available in every province
Which Lender Should You Choose?
Choose iCash if you're looking for a lender that specializes in emergency borrowers who need small amounts fast with any credit score. They offer loan amounts of Up to $1,500 with funding as fast as same day (interac e-transfer).
Choose Cash Money if you're better described as borrowers who prefer in-person service or need same-day access to cash. They offer $500 – $10,000 with all credit types considered credit requirements.
Still unsure? Apply through 365 Loans to compare offers from both lenders and more — with no impact on your credit score.
Frequently Asked Questions
Is iCash or Cash Money better?
iCash is best suited to emergency borrowers who need small amounts fast with any credit score, while Cash Money is best suited to borrowers who prefer in-person service or need same-day access to cash. The better option depends on your credit profile and borrowing needs.
What are the interest rates for iCash vs Cash Money?
iCash charges $14 per $100 borrowed (where applicable), while Cash Money charges Up to 34.99% APR. Your actual rate will depend on your credit profile and the specific loan product you qualify for.
Which lender has faster funding — iCash or Cash Money?
iCash offers funding in same day (interac e-transfer), while Cash Money provides funds in same day.
Other Lender Comparisons
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