Key facts about Speedy Cash
- Loan type
- Payday loan
- Cost per $100 borrowed
- $14
- Repay on a $500 loan
- $570
- Rate / cost disclosure
- $14 per $100 borrowed; about 365% as an annual rate on a 14-day loan
- Maximum loan amount
- $1,500
- Typical loan term
- Next payday, up to 62 days
- Funding speed (lender’s statement)
- Between 30 minutes and one business day (reported)
- Credit-check policy
- Reported as no credit check
- How to apply
- Online or in store
- Service type
- Both
- Provinces served
- Alberta, British Columbia, Nova Scotia, Saskatchewan
- Head office / service area
- Stores in Alberta, BC, Nova Scotia and Saskatchewan
Is Speedy Cash licensed?
| Province | Licence number | Status | Last checked | Verify |
|---|---|---|---|---|
| Saskatchewan | 509670 (Saskatoon store) | Published by lender | November 14, 2026 | Financial and Consumer Affairs Authority of Saskatchewan (FCAA) |
Registries change daily. Confirm the licence yourself before you borrow.
What stands out
- Accepts several non-employment incomes
- Stores and online applications
- Long operating history
What to watch
- Four provinces only
- More paperwork than app-based lenders
- Maximum legal cost
Who is Speedy Cash?
Speedy Cash has lent in Canada for more than twenty years, with stores in four provinces and an online service. It accepts employment income as well as EI, child tax benefit and seniors’ pension, and its stores also cash cheques.
Who is Speedy Cash suited to?
A practical option in western Canada and Nova Scotia if your income comes from benefits. You will need a recent pay stub or statement and a 30- to 60-day bank statement.
Can you cancel?
Provincial law gives you a short cooling-off period to cancel a payday loan at no cost — two business days in Ontario, British Columbia and Alberta.
What if a payment fails?
A returned payment can trigger a one-time lender fee, and your bank may add its own NSF charge. Check the agreement for the exact amounts.
Sources
Editorial review completed November 14, 2026. Ratings are our opinion, not customer reviews — see the Editorial Policy.