Frequently Asked Questions

What is a Payday Loan?

Payday Loans are unsecured short term loans from $50 - $1000 for a term no longer than
33 days.


Why do people use Quik Cash™?

Initially people use Quik Cash because of an emergency or an unexpected car or household expense.
But they return because there experience was fast, convenient and friendly.


Who uses Quik Cash?

People just like you.
We all need a little cash from time to time for those unexpected bills and Quik Cash is here to help.
Whatever the reason we can get you a PaydayLoan faster.


Can I extend or “roll-over” my Payday Loan?

In most provinces it is restricted to allow customers to extend™ or “roll-over” a payday loan.
In provinces where there are no regulations there is no restriction on the number of loans customers may have.


How often can I get a Payday Loan?

There are no limits on the number of loans you can get however, in many provinces companies are restricted from allowing customers to have out more than one loan at a time.
In provinces where there are no regulations there is no restriction on the number of loans customers may have.


Do I need to give collateral for my Payday Loan?

You are not required to give collateral for a payday loan.
Quik Cash does not do any assignment of wages or require any other form of security.


What if I am in bankruptcy?

We cannot lend to customers who are currently in bankruptcy, but any discharged bankruptcies are of no concern.


Can I apply online?

Yes, you can apply online.
It's Quick and Easy and takes 5 minutes or less.
Once approved you can get your loan at any Quik Cash location nearest you.


How long will it take to be approved online?

Generally approvals are done within an hour or two from submitting your application.


What are the fees?

Fees and interest vary from province to province.


How much money can I borrow?

Customers can borrow anywhere between $50 - $1000.


How long can I get a loan for?

Depending on when you get paid you could take out a loan up to 33 days.


What are the benefits if I repay my loan on time?

When you pay your loan at one of our locations your Payday Loan limit increases, you can borrow again immediately and you receive faster service.


What happens if I don't repay my loan?

We would not stay in business if our customers did not honor their agreements.
We do reserve the right to collect delinquent loans using all legal remedies available including legal debt collection and civil court action.


What if I have more questions?

If you have more questions please see our contact page.