Frequently Asked Questions
If you don’t see your question answered here, please contact us by phone or email and we’ll be happy to provide a response.
- Am I eligible for a loan from 24hr Cash?
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If you are an 18+ year old Canadian and you have a job, then there’s a good chance you qualify for a loan. However, we cannot grant a loan if you have declared bankruptcy or are in the process of declaring bankruptcy.
- Can I make monthly loan payments?
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24hr Cash works with you to come up with the best possible repayment solution. We’ve come up with many flexible options that are designed to be convenient and effective for both us and our clients, including postponing loan payments.
- How long does the loan request process take?
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From the time you submit your loan application, we’ll send you an answer within 48 hours. For approved loans, a transfer will be made to your bank account and many of our clients receive their money within 1 hour.
- What happens if I miss a payment?
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You can postpone a payment if necessary, but missed payments without notice will incur a fee for the failed transfer (non-sufficient funds). Long term nonpaying accounts will be sent to a debt collection agency for resolution.
- Why was my loan application denied?
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The most common reasons that 24hr Cash loans are denied are from applicants that are in a bankruptcy process, those that have many recent NSF payments, those that already have too much short-term debt, and those with fraudulent or incomplete applications.