Company aims to help Canadians break the debt cycle
TORONTO, Jan. 24, 2019 /CNW/ - Canadian financial technology company iCASH today launched a new version of its iOS and Android mobile application, designed to be both user-friendly and paperless. As a socially responsible short-term lender, iCASH provides the fastest loan application process in Canada for short-term loans of up to $1,500.
iCASH helps Canadians by offering an alternative, more accessible solution to traditional payday loans. As the country's most trustworthy payday lender, iCASH allows up to three equal repayments for the same fees, thereby reducing the annual percentage rate. Moreover, borrowers receive an immediate response to their loan applications and, once approved, receive their funds via e-transfer within minutes. Earlier this year, iCASH also launched its Cashback program which allows consumers to benefit from a return on the cost of borrowing.
Between summer vacations, back to school expenses, and the financial strain of the holiday season, many Canadians are left with a financial burden. To ease these hardships, iCASH offers alternative financial solutions, even for Canadians who have been shut out of mainstream banking due to low credit scores, thin credit files, or income volatility. iCASH understands that consumers are more than their credit score, and that past financial mistakes do not necessarily affect their capacity to repay loans. iCASH, therefore, consider factors beyond those simple numbers.
iCASH aims to offer constructive credit solutions in order to break the cycle of debt and help consumers to take control of their finances. By providing useful tips and educational tools in its blog, iCASH works to help Canadians gain control of their finances in healthy and instructive ways.
The free iCASH.ca mobile application is now available in the Apple Store and on Google Play.
iCASH is a Canadian financial technology that redefines the way consumers access credit. Using a revolutionary decision-making process, consumers are able to obtain short-term loans quickly, regardless of their credit rating. iCASH is licensed and regulated by the consumer protection authority of each province in which it operates. Currently operating in the provinces of Ontario, British Columbia, Alberta, and New Brunswick, and with over 200,000 members, iCASH is actively helping Canadians on their path to better financial health.
Find out more at www.iCASH.ca
For further information: 647-668-8140, [email protected]