Deposit My Cash Now – Personal Loan
Deposit My Cash Now provides fast online installment loans with same-day e-Transfer for Canadians with all credit types.
Installment loan capped at the 35% federal criminal interest rate.
Deposit My Cash Now is a Canadian online lender offering short-term and installment loans from $300 to $5,000. It targets speed, with same-day decisions and funds delivered by Interac e-Transfer for approved applicants. The lender accepts all credit types and weighs current income and banking activity heavily, making it accessible to borrowers who cannot qualify at a bank.
The application is fully online with instant bank verification and no paperwork. Repayment is made in scheduled installments over 3 to 36 months, with rates higher than a bank but within the federal 35% APR cap. As with any higher-cost loan, borrow only what your budget supports and confirm the repayment schedule before signing.
✓ Pros
- Fast funding
- Accessible to bad credit
- Larger than typical payday loans
- Simple online process
✗ Cons
- Higher APR than a bank
- Smaller maximum ($5,000)
- Income verification required
- Availability varies by province
Loan Example
Borrow $1,500 over 12 months at ~31.9% APR ≈ $148/month, total ≈ $1,776.
Eligibility Requirements
- ✓ Canadian resident, age 18+
- ✓ Regular income
- ✓ Active chequing account
- ✓ Valid contact details
Loan Features
- Same-day e-Transfer funding
- All credit types considered
- Online application, no paperwork
- Flexible installment terms
Frequently Asked Questions
Same day after submitting your application.
The minimum amount at Deposit My Cash Now is $300 CAD.