Capital Cash offers online loans ranging from $100 to $1,500 with a short-term period of 14 days. The borrowing process is straightforward: complete an application, review your options, and receive your funds. Eligibility conditions include being at least 18 years old, a permanent resident of Canada, having an active chequing account, receiving payment via direct deposit, maintaining steady employment for the last 90 days, and earning a minimum monthly income of $700 after taxes. For instance, if you borrow $1,000, you’ll incur a fee of $221, making your total repayment $1,221 over 14 days. However, for a larger loan of $5,000 over 6 months, the total payment would be $6,808, including a fee of $1,808.
Capital Cash review
Capital Cash offers an accessible financial solution for those in need of quick cash. The service provides online loans ranging from $100 to $1,500, with a term of 14 days. The borrowing process is straightforward and can be completed in three steps. First, complete the application, then review your options, and finally, receive your funds.
To be eligible for a loan, you must fulfill certain conditions. You must be at least 18 years old, a permanent Canadian resident, and have an active chequing account. Your income should be paid by direct deposit and you should have a steady source of employment for the last 90 days. Additionally, you must have a minimum monthly income of $700 after taxes.
Let’s take a closer look at the repayment terms. For a loan of $1,000, the fee is $221, making the total repayment amount $1,221 over a term of 14 days. If you were to take out a larger loan, say $5,000, over a term of 6 months, your total repayment would be $6,808, with a fee of $1,808.
In conclusion, Capital Cash provides a quick and easy online loan service, with clear repayment terms and conditions. However, as with any financial commitment, it’s essential to ensure you can meet the repayment terms before proceeding.
Table of repayments
| Amount | Fee | Total payment | Term |
| $1 000 | $221 | $1 221 | 14 days |
If you will get the loan of $5.000 with the term of 6 months, your totally payment would be $6 808. The fee is $1 808.