Money Mart Review 2026Apply Now Check if I Qualify ↓
Written and analysed by Smarter Loans Editorial Team · Reviewed by Rafael Rositsan
Each product is priced separately. Compare them below.
Four questions checked against Money Mart's published criteria, per product. No application started.
Money Mart runs both its products online and over the counter, one of the few lenders on this site where a storefront is still part of the process.
Issued by our editorial team from platform data and verified reviews. Lenders cannot buy them.
Quality Lender
Vetted lenders that are listed on Smarter Loans
Enduring Excellence
Listed on Smarter Loans for 7 or more years
Fast Funding
API integration or deep tech stack with Smarter Loans
Badges are issued by our editorial team from platform data and verified reviews. They are never sold, and featured placement has no bearing on them. Read the badge criteria ›
18 reviews from borrowers who used Money Mart. Each is submitted by a verified borrower and moderated for authenticity; it renders as written, positive or not, and lenders cannot remove it.
Money Mart provided me with a great experience. The process was efficient and I got the money fast. Customer service was good and the terms were very reasonable.
MoneyMart stores have a lot of great financial services in one place. Very convenient
Applied for a loan online and got $2,000 the same day. Great service
I am writing to let everyone know the wonderful experience I had at Pickering, with professionalism and courteous care provided by Melanie and Sheree along with the other staff, I would encourage all to use the wonderful range of products available. Thanks again for being there during the pandemic. (via Trustpilot)
Excellent service, Irma and Maricha. Im a regular cheque cashing client. Store 0419 EDMONTON ALBERTA
My review is for the Yonge and Eglinton location in Toronto. I have been doing business with this location for about 2 years now, and can honestly say I have never had a bad experience. There are 3 ladies there who are helpful, caring and incredible at their job.
I was eligible to borrow 12.000$, which was great and got me out of a hole with other debts. Biggest mistake I ever made, my downfall is now I owe double what I borrowed due to their 46% interest rate. In my opinion, Money mart is not about helping people but rather about profit and greed. I learned a big and costly lesson here and once I pay this 26.000$ debt, I will never borrow from them again. All my other bills are paid but now I owe more than what I did in the first place. Very stupid decision of my part.
I got denied at a few places but at the end MoneyMart came through and got me approved for 3K.
Fantastic experience! The staff at the branch were courteous and fast.
Very convenient and they explained the terms clearly before I signed anything.
Showing 10 of 18 reviews.
Money Mart is a leading provider of financial services in North America with over 500 physical locations in Canada. For 40 years they've been committed to providing financial solutions that meet the evolving needs of consumers and business owners.
Money Mart Loans are a financial service organisation in North America - they provide loans and cash advance services
Money Mart serves over 2 million hard working North Americans annually with diverse and innovative financial products such as loans, check cashing, money transfer and prepaid cards.
They are a regulated company that embraces the rules as a means of better serving their customers. Everything they do starts with a foundation of fairness and adherence to all applicable laws, regulations, and their own guiding principles.
Money Mart believes in giving back to the communities where they live and work. With the generous support of their customers and staff, they proudly contribute approximately $500,000 annually to charities and non-profit organizations.
Money Mart offers unsecured short, medium, and long-term consumer loans, cheque cashing, Western Union® money transfers, reloadable Mastercard® prepaid debit cards, and other ancillary products.
Money Mart’s loans range from $120 to $15,000 depending on the type of loan and province availability. Money Mart interest rate percentages can change regularly so it is good to check the live interest rates when applying.
Borrow up to $15,000. Based on your loan amount and pay cycle, repay your loan in installments over a period of 12 to 60 months. Each payment will be automatically deducted from your bank account, so you’ll never have to worry about missing a payment.
To apply for a loan with Money Mart you need to: Be at least 19 years old with a valid ID. Have a chequing account. Have a steady source of income.
Note: You may be required to provide additional documentation
Funding of the loan is contingent upon confirmation of your application information and signature on all loan agreements. Money Mart offers the following three ways to receive your funds:
1). Interac e-Transfer®: receive email to accept fund transfer within 2 hours
2). Direct Deposit: deposited to your bank account within 1-2 business days
3). In-store: same-day cash or Interac e-Transfer
Your credit report is not the only criteria Money Mart will consider. They use assessment tools that verify the accuracy of information on your application and they may review payment history on similar products.
When you submit your application, you will set up a username and password for your online account. You can login to your account to track your loan status, perform basic account maintenance, review your loan details, or even make additional payments.
You can pay off your loan at any time with no penalties.
Money Mart offers loan products across Canada except in QC, NT, YT and NU.
