Visit a Cash Money branch with the vehicle you want to secure to the loan and any needed documentation to see what you are pre-approved for without impacting your credit score. If you decide to accept the pre-approved offer, then a credit inquiry will occur which may impact your credit score.^§

We accept standard passenger vehicles such as hatchback cars, sedans, off-road trucks, SUVs, pick-up trucks, or vans.

We understand that sometimes difficult situations happen where you cannot make your payments. We are dedicated to working with you to keep your account payments current. If we come to the point that no intervention is effective, we will be forced to eventually take possession of the vehicle. This may affect your credit score.^†

You can choose to pick up your funds at a Cash Money branch same day at participating locations, direct deposit your money to your bank account (funds availability varies by bank) or you could receive your loan in as little as 15 minutes when you choose Interac e-Transfer^®.

AutoPay is a hassle-free payment arrangement where you can set it and never miss your due date. With on time payments, you could build your credit.^†

Yes, you may sell your vehicle but Cash Money will be a lien holder. So, the proceeds of the sale will be paid firstly to us to pay off the Auto Equity Loan.

We're happy to help Customers with various credit scores. A credit score is just one of many factors we consider when processing loan applications.

It can be a good option when you need more funds than an unsecured loan may offer.

Yes! Our Auto Equity Loan product can be offered for vehicles of 20 model years or newer and limited to 250,000 kms or less.

Over time, your maximum approval amount will decrease to reflect the depreciation of the vehicle you used to secure your Auto Equity Loan.

Yes, you can with no penalty for early, partial, or in full payments.

Currently, Customers are not eligible to have these loans at the same time.

The APR is a range of 34.99% to 46.93%. Once you are given the APR for your loan, it is a fixed rate for the life of the loan.

Please contact a Cash Money branch near you so we can help with your specific situation.

No, a classic car is not eligible for our Auto Equity Loan as the vehicle must be 20 model years or newer.

Yes! You will be able to use your car as long as you make timely loan payments.

There are multiple factors that affect your credit score. We report Auto Equity Loan payment history to Equifax^® Canada credit reporting agency so it can help build your credit if used responsibly. One way to help build credit† is by making your payments on time.

If you believe there is a mistake in your credit report, contact Equifax^® Canada:

Equifax Canada Co.
National Consumer Relations
Box 190
Montreal, Quebec H1S 2Z2