How It Works, In 3 Easy Steps

Easy Money.

Step 1
Submit An Application Online

No need to visit a store or branch. Choose how much you need to borrow, review the payment plan and enter a few person details. Our application form takes about 3 minutes to complete

Step 2
Fast Track decision process

Our team and secure system ensures fast loan decisions, often within seconds or minutes. Once approved, review and electronically sign the agreement we send you, then return it to complete the process. It really is this easy!

Step 3
Receive funds!

Once we receive your completed agreement, your funds will be sent via e-transfer. Our loans and application process is swift, simple and stress-free.

Apply Now

Frequently Asked Questions

If you need assistance with a payday loan and can’t find the answer in our FAQ section, feel free to contact us for more information.

A PayDay loan is a short-term loan paid back in installments on the borrower’s PayDay.

In the province of Alberta, the loan term is between 42 and 62 days, and it is dependent on how often the borrower receives income.

The maximum loan amount for a PayDay loan in Canada is $1500.

It is absolutely FREE, with 0 costs to apply for and receive a loan from Cash Bull.

It costs $0 to apply for a loan and $0 to receive a loan

When you pay back your loan, payments will be debited from your account in equal installments.

The time it takes to receive your loan depends on different situations. Loans sent to you via EFT and during business hours: Typically up to 30 mins at the longest! Loans sent to you via Direct Deposit and/or outside standard business hours: Next business day. Please do not have Passwords set up during any payments between you and Cash Bull as this will cause delays in the transfer of funds, or your account may be unnecessarily charged fees when it should not be! If you have not received the funds within 48 hours, please notify us immediately, preferably by phone or live web chat support.

We understand things don’t always go as planned, and for most of our customers, using our service is for that very reason!

If you predict you will miss or cannot make a scheduled payment, please email us ASAP, and we will contact you to arrange an alternative solution.

We also need to remind you that missed payments can incur additional fees during your loan process, not just from us but also from your bank. Please do your best to ensure that funds are available in your account when your repayments are scheduled.

As soon as your loan agreement has been paid off in full, you can apply for another loan on the next business day.

Don’t forget that we have capped the number of loans a customer can take out per year.

Please note that any events of non-sufficient funds during your previous loan will be used as part of the underwriting process for the following loan you apply for.

Cash Bull will only lend one loan to a customer at a time. We strongly stand on responsible lending and want to support and empower our customers in becoming financially responsible. We believe that a Pay Day loan is a powerful tool for solving an emergency quickly. However, Cash Bull does not believe that a Pay Day loan should be used as a regular financial source for day-to-day living.

We also restrict providing loans to those with no other current PayDay loans or who have received numerous loans in the most recent and previous 3 months. Customers who do are referred to in the loans industry as ‘Loan Stacking’. Our underwriting process will decline applicants doing this to preserve the opportunity to offer a Cost of Borrowing Fee, which is the lowest in the industry.

To help you become financially stable and as proof of our belief, the maximum number of times a person can take out a loan from us in a year is 5. Without this cap, a customer may take up to 8 payday loans annually!