Kingcash Cash Loan Review: Bad Credit OK, Quick $500–$1000, Fast Funding

Kingcash offers an accessible cash loan product in Canada with a clear and simple application process. With loans ranging from $500 to $1000, applicants benefit from a no-credit-check policy, making this service especially suitable for those with poor or limited credit history. The stated annual percentage rate is 23%, and repayment terms allow for up to 150 days, accommodating various financial situations with flexible installment options.

This lender stands out with its commitment to quick approvals and funding. Applications completed and approved by 2:30 PM EST can see funds deposited on the same day—ideal for urgent cash needs. The fully online process is paperless and efficient, letting you apply from the comfort of home with just a few simple steps.

How to Apply: Step by Step

1. Fill out the online form with your information within minutes.

2. Complete instant banking verification to confirm your eligibility and details.

3. Once approved, receive same-day funding straight to your account via e-transfer.

4. Repay your loan over three, six, or twelve payments, spaced up to 150 days.

Pros of Kingcash Loans

No credit check is needed, making these loans accessible for Canadians with less-than-perfect credit. The paperless application process is fast and straightforward, letting you complete the entire process online.

Same-day approval and funding provide prompt access to emergency cash when you need it most. Flexible repayment plans make managing the loan less stressful, accommodating your pay frequency.

Cons of Kingcash Loans

The 23% APR is higher than what you’d find at traditional banks. There are also NSF and deferment fees to consider, which can increase the total loan cost if payments are missed or delayed.

Loan amounts are limited to $500–$1000, so this option may not be sufficient for larger financial needs. Responsible borrowing is encouraged to avoid unmanageable debt.

Our Verdict

Kingcash loans are an effective solution for Canadians needing a quick, small cash loan—especially if credit history is a roadblock elsewhere. Fast funding, flexible payback, and a straightforward approach make this service well-suited to emergency needs. However, borrowers should weigh the higher costs before applying and use this kind of short-term loan as a last resort when other, cheaper options are not available.