Money Mart
Borrow up to $1,500 instantly. Get your first $300 free with Payday Boost. APR ranges from 34.56% to 34.95%. Fast online approval with no credit check required.
Money Mart Payday Boost stands out for Canadians seeking quick, convenient short-term loans. This offer allows you to borrow up to $1,500, with your first $300 given at no charge to qualifying new borrowers. The interest rates (APR) range from 34.56% to 34.95%, and repayment aligns with your next payday. The application process does not affect your credit score, and approvals are instant for those who qualify.
How to Apply: Step by Step
- Visit the Money Mart application page online or in their app.
- Complete a brief form with basic personal and financial details.
- Select your desired borrowing amount and repayment schedule.
- Receive a quick decision (often within minutes).
- Choose your funding method and get the cash—sometimes in as little as 15 minutes.
Benefits of Money Mart Payday Boost
Money Mart’s greatest advantage is speed. The possibility of instant approval and access to funds within minutes offers real help during emergencies.
The first $300 at zero cost for new clients is a compelling incentive, saving you money if you’re eligible for the offer and need a small amount fast.
Potential Downsides
The relatively high APR, common for short-term loans, can lead to significant borrowing costs if you don’t repay quickly.
Short repayment periods may be challenging for some, and missing payments could negatively affect your finances in the future.
Independent Verdict
Money Mart Payday Boost is a solid option for Canadians who need rapid, short-term financial support and qualify for the first $300 free offer.
While it’s convenient and transparent, always ensure you have a repayment plan before applying, as high interest rates mean costs increase quickly for missed or late payments.
