The Cash Store : Read and Share Reviews
As mentioned earlier, the Cash Store Financial Services operates its own corporate network of loan office branches across Canada, number at least 200 addresses. The two main brand names functioning as subsidiaries include the Cash Store and Instaloans. Presence across the country includes two territories and nine of the provinces. Products are primarily unsecured short-term loans and advances ranging from $100 to $1,500.
The Cash Store Financial Services and its subsidiaries were included in two class action lawsuits that settled in 2009 and 2010. Both cases results in significant damages and payments, repaying borrowers fees charged as well as loans in some cases.
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Reader Reviews of The Cash Store
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- Jenni from victoria says:
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Review:
They are fast and friendly. dont treat u like a stranger, like money mart does. express approval is nice.
- Would you use The Cash Store again?:
- Yes I would
- 11/8/2017 9:28:02 PM
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- "High Fees!"
- from Calgary says:
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Review:
Unbelievable fees! They let you borrow more money than they lawfully are supposed to! Never again!
- Would you use The Cash Store again?:
- No I would not
- 4/12/2014 4:23:51 AM
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- "High Fees"
- from Winnipeg says:
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Review:
I was in a bind and wasn't able to locate cash quickly. I was able to get the needed funds at the Cash Store but ended up in the payday loan cycle. Don't go there, their fees are crazy and it is hard to get out.
- Would you use The Cash Store again?:
- No I would not
- 2/4/2014 8:39:18 AM
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- "Used for Rent"
- from Winnipeg says:
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Review:
I was desperate used them to cover my rent. BIG MISTAKE. Many hidden fees, whopping interest, the list goes on. I involved my provincial Consumer Protection Branch, who already had them on radar, they ordered nearly $200 off the amount I owed. That was after they went into my chequing account on a payday and withdrew an amount that was to cover my rent. Line of credit? BS! Manitoba limits what payday loan firms can advance, Cash SStore gets around it by calling themselves a 'finance company'. Never again.
- Would you use The Cash Store again?:
- No I would not
- 1/25/2014 6:35:07 PM
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- "Never again!"
- Never again! from Edmonton says:
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Review:
Will never use Cash Store again. By far the worst company to deal with.
- Would you use The Cash Store again?:
- No I would not
- 11/25/2013 1:27:07 PM
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- "Bad Deal"
- JT from Edmonton says:
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Review:
I think the cash Store is a ripoff!!
payday loans do serve a genuine purpose and I believe they play an important role in financial inclusion for those unable to have access to more mainstream lenders. It is an industry that has no shortage of bad press due to a very few but high profile lenders that charge unscrupulous fees. Anywhere up to $30 is a reasonable amount to have to repay on a $100 loan over a 30 day period when you consider the cost to the lender to pay rent, staff etc and make a profit. And in exchange you get provided a quick and easy alternative to applying for an overdraft or requesting to defer a payment etc which can take up to 5 business days for approval- no good when you are short on cash today!!The Cash store has somehow managed to operate their "sweat shop" for over a decade now but their unbelievable arrogance is catching up to them finally, it's just unfortunate that in the process they have managed to make the entire industry look bad. cant wait until the are gone and hopefully the industry can get back to doing what they do best providing a great service to everyday people at a competitive price
- Would you use The Cash Store again?:
- No I would not
- 4/10/2013 10:26:47 PM
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- "Bad customer service"
- from Winnipeg says:
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Review:
I bought a cash card from the Cash Store, they didn't tell me the expiration date, and it expired even though I still had $50 dollars or so on it. No help from customer service.
- Would you use The Cash Store again?:
- No I would not
- 11/28/2012 12:00:00 AM
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