How it works

From "I need cash" to funded — in four steps.

CashPicks does the legwork of comparing licensed Canadian lenders, so you don't have to fill out a dozen applications. Here's exactly what happens from start to finish.

1
About 1 minute

Tell us what you need

Use the calculator or the short form to tell us roughly how much you'd like to borrow and how long you need to pay it back. That's it — no documents, no commitment at this stage.

  • Pick an amount from $100 to $1,500
  • Choose a repayment period up to 62 days
  • Zero impact on your credit score to look around
2
Instant

See your matches

We match you with one or more licensed lender partners that can actually serve your province. You see the real options side by side — the borrowing cost, the repayment date, and how fast each one funds.

  • Only lenders licensed for your province show up
  • Compare cost and funding speed in plain numbers
  • No pressure — browse as long as you like
3
5–10 minutes

Apply with the lender you pick

Found one you like? You apply directly with that licensed lender. Most applications are quick, especially if you use instant bank verification instead of uploading documents. The lender — not CashPicks — makes the approval decision.

  • Apply straight through to your chosen lender
  • Instant bank verification skips the paperwork
  • Your details only go to the lender you choose
4
Often within hours

Get funded

Once approved, the lender sends your money by Interac e-Transfer — usually the same business day, often within a few hours. Repayment is set up directly with your lender, normally on your next payday.

  • Funds land via Interac e-Transfer
  • Repayment date set when you sign your agreement
  • No penalty for paying back early

What you'll need to get started

Be of legal age18+ in most provinces, 19+ in BC, NB, NS, NL and the territories.
A steady incomeEmployment, a pension, or benefits like CPP, EI, or ODSP all count.
A Canadian bank accountAn active chequing account in your name to receive your e-Transfer.
Government-issued IDA driver's licence, provincial ID, or passport to confirm who you are.
Clear roles

Who does what

We think you should always know exactly who you're dealing with. Here's the honest split.

CashPicks does

The research & the match

  • Vets and lists only licensed lender partners
  • Matches you with options that fit your province
  • Shows costs and timelines in plain language
  • Keeps the service free for you, always
  • Protects your data under Canadian privacy law
Your lender does

The loan itself

  • Reviews your application and decides approval
  • Sets your final rate, fees, and repayment date
  • Sends your funds by Interac e-Transfer
  • Holds your signed loan agreement
  • Handles repayment and any account questions

See your options in under a minute.

Start with the calculator — no commitment, no hard credit check, no cost to you.

Compare options →