Cash 4 You – A Review

March 17, 2022
Cash 4 You

Who Are Cash 4 You?

Cash 4 You is a company that provides money to people in need.

If you live in Ontario and are looking for a quick funding source, then this lending network may be worth a look. Cash 4 You has been in business in Canada since 2001. They are a licensed lender with over 100 physical locations throughout Ontario. Through customised financing solutions, they have assisted millions of Ontarians with their financial needs. Currently, they provide the following services:

Loans in installments

Installment loans, check cashing, and Western Union transfers are all available.

Their core value is to make their customers happy by providing solutions that “wow” them.

Do I Qualify for an Installment Loan?

To qualify for an installment loan with them, you must meet the following basic requirements:

  • Be an Ontario resident
  • Be at least 18 years old
  • Have a consistent source of income
  • Have an open and active bank account

What Do I Need to Apply for an Installment Loan?

You must present a valid government-issued photo ID as well as proof of income to be approved for an installment loan

How Should I Go About Applying?

Obtaining a loan from them is an easy process. First, fill out an online application with some personal and financial information. If you provide all of your information correctly, you will receive your money the same day in-store. All you have to do now is wait for Cash 4 You to verify your information. Once verified, you can go to your local Cash 4 You location to pick up your cash.

The Advantages of Choosing Cash 4 You

When deciding which lender to borrow money from, it’s critical to consider what sets the lenders apart. There are several reasons why you should choose Cash 4 You.

They offer up to $15,000 in cash with no strings attached

  • It is not necessary to have perfect credit. They offer customised solutions, so there is a solution for you no matter what your financial situation.
  • Unlike online lenders, Cash 4 You has over 100 locations across Ontario.
  • Cash 4 You takes pride in providing its customers with transparent terms and conditions. For example, they claim to have no origination, closing, or add-on insurance fees, as well as no prepayment penalties.
  • Cash 4 You is a convenient service. Online and in-person application options offer the best of both worlds. It allows applicants to select the method that feels the safest for them.
  • When you take out an installment loan from Cash 4 You, your on-time payments will aid in the development of your credit.

What Are the Fees for a Cash 4 You Loan?

The main cost of an Installment Loan is the APR and repayment period because there are no origination fees, closing costs, costly add-on insurance fees, or prepayment penalties. For example, the APR for an installment loan at Cash 4 You is 46.93 percent. Therefore, borrowing $1,000 with a 12-month repayment term at a 46.93 percent APR would cost $268.77.

Cash 4 You Frequently Asked Questions

What is the procedure for repaying my loan?

Payments will be deducted automatically from your bank account. The contract’s agreed-upon terms will determine the frequency of payments.

Is it possible to get a loan if I have bad credit?

Yes, even if you have bad credit, you may be able to get a loan from Cash 4 You. 4 cash To determine your approval, you consider other factors such as your income and payment history on other credit products.

Is it necessary for me to provide collateral?

No, an installment loan is not secured. That is, you are not required to provide collateral.

When will I receive my funds?

You may be able to receive your funds on the same day that your application is approved. You need to go to one of your local Cash 4 You locations to pick it up.

Can I make extra payments to get my loan paid off faster?

Yes, you can make extra payments to get your loan paid off faster. However, you will use your first payment to pay off the interest, and the remainder will pay off your principal. As a result, your monthly payments will remain the same, but you will be on track to pay off your loan sooner.