iCash loan Review [2020] : How It Works, Application, Payment, Contacts

iCash loan app is offered by Finabanx. The iCash loan app is available on the Google Playstore, is accessible to residents of Canada and has over 100K+ downloads in addition to a 4.2/5 star rating with 3K+ reviews.

 

How to qualify for icash loan

In order to be able to use the icash payday loan service, applicants must ensure that they meet the below criteria. They include:

Must be a 19+ year old Canadian living in iCash applicable provinces, should possess a valid phone number, address and email address.

In addition, applicants should possess an online banking enabled active Canadian bank account for at least 3 months.

The bank account should also have received deposits of $800 per month net income for at least 3 consecutive months.

 

How to register and apply for icash loan

Download the iCash payday loan app from the Google Playstore.

After installation, launch the iCash payday loan app and click on ‘Create an account’ to begin the registration process.

Applicants are required to provide their primary email address with which to receive the validation link via email.

Upon validation, further personal info is required such as first and last names, password and province of residence.

Once completed, one can now proceed to loan application.

 

icash loan interest rate

The interest rates charged by iCash payday loan app ranges from $15 to $19 per $100 borrowed depending on one’s particular province of residence.

The interest rates per province are $15 ( British Columbia, Alberta, Ontario, New Brunswick and Prince Edward Island ) while $17 ( Manitoba ) and $19 ( Nova Scotia )

 

icash loan limits

Icash payday loan limits range from $100 to $1500.

However, approved loan amounts will be dependent on analysis of previously provided information to ensure advanced loans can be repaid without difficulty.

 

How to increase icash loan limits

To be eligible for higher loan amounts, timely repayments are considered as well as salary amount and financial behavior in terms of spending habits.

 

icash loan repayment schedule and how to pay icash loan

The repayment date of iCash payday loan is available in the loan agreement sent via email upon loan approvals.

Alternatively, users can send a request via email to support@icash.ca

Due advanced iCash payday loans can be repaid via 2 options i.e

– Automatic – this involves automatic deduction from one’s bank account upon due date.

– Manual – this involves use of e-transfer that involves prior authorization by the iCash team.