Money Mart
Borrow up to $1,500 instantly with your first $300 on Money Mart. Competitive APR from 34.56% to 34.95%. Approval doesn’t impact credit score. Fast funding.
Money Mart’s Payday Boost offers an accessible and quick way for Canadians to borrow up to $1,500, with a standout feature: your first $300 is on the house. The APR ranges from 34.56% to 34.95%, and loan terms are flexible, with repayment on your next payday. Even better, checking your eligibility does not impact your credit score at all. Decisions are instant, making this ideal for urgent cash needs.
How to Apply for Money Mart Payday Boost
- Fill out a brief online application
- Select your funding method and authenticate banking details
- Receive a quick, almost instant decision
- Get funded in as little as 15 minutes up to 2 days
Main Advantages
Money Mart’s instant approval means you’re never left waiting when emergencies arise. The process is streamlined and stress-free, encouraging quick resolutions for unexpected expenses.
First-time customers borrowing up to $300 pay nothing in fees, making it a leading offer in its category. Fast funding and no credit score impact during eligibility checks are significant positives as well.
Main Disadvantages
The high APR, at nearly 35%, makes it an expensive option if you don’t fully repay by your next payday. Carefully consider your ability to repay on time.
Loan maximums are capped at $1,500, which may not suffice for all financial needs. Optional protection plans also add extra cost, so assess their necessity carefully.
Veredicto
Money Mart Payday Boost stands out for instant access, transparent terms, and a welcome offer of a $300 fee-free loan. It’s most suitable if you can repay promptly and require short-term, urgent funds without impacting your credit score. However, always weigh the cost and ensure your repayment timeline matches your cash flow.
