×
Insta Chèques is transitioning to Money Mart! Over the next few months you will see Insta Chèques transition to Money Mart. You can expect the same great service and quality you expect from Insta Chèques, now under the Money Mart name. Come visit our first Money Mart location in Quebec at 1 rue St Catherine St O, in Montreal starting July 29th.
Installment Loans

Your questions answered

Breathe easier, knowing you’re protected

Choose to enroll in the optional Loan Protection Plan* when you apply for an Installment Loan.
It could provide:

Monthly benefits

Payments made for up to 6 months in the event of Injury, Sickness, Involuntary Unemployment. Payments made for up to 3 months in the event of Unpaid family leave or lifetime milestone.

Balance Paid Off

Up to the Outstanding amount remaining on your Installment Loan in the event of Death or Critical Illness.

It could really help

Enjoy peace of mind, knowing you and your family are protected in the event of a serious disruption to your income.

*The optional Loan Protection Plan is a Credit Group Insurance Plan underwritten by Canadian Premier Life Insurance Company and Canadian Premier General Insurance Company.

You're eligible if, you’re a resident of Canada, you agree to the terms and conditions of the loan agreement, and you’re under the age of 70.

How do Installment Loans work?

Borrow up to $18,000. Based on your loan amount and pay cycle, repay your loan in installments over a period of 6 to 60 months. Each payment will be automatically deducted from your bank account, so you’ll never have to worry about missing a payment.

What do I need to apply?
  • Visit any Money Mart Location
  • Be at least 19 years old with a valid ID
  • Resident of Quebec
  • A chequing account
  • A steady source of income

Note: You may be required to provide additional documentation.

How long does it take to get approved and receive funds?

Funding of the loan is contingent upon confirmation of your application information and signature on all loan agreements. We offer the following ways to receive your funds.

  • Interac e-Transfer®: receive email to accept fund transfer within 2 hours
  • In-store: same-day cash
Why is it important for me to read and understand my loan agreement?
The loan agreement you read and sign prior to receiving your loan is a contract between you and the lender. The loan agreement fully outlines the terms and conditions of the loan. It is important that you read and understand the terms and conditions of the agreement. If you have any questions concerning the agreement, please contact your local Money Mart.
What if I have poor credit?
Your credit report is not the only criteria we consider. We use assessment tools that verify the accuracy of information on your application and we may review payment history on similar products.
If I am bankrupt, can I still get a loan?
We are able to consider customers who have been discharged for past bankruptcies.
Can I pay off the entire loan and if so, is there a penalty?
You can pay off your loan at any time with no penalties.
How do I file a Loan Protection Plan claim or manage a claim tied to my installment loan?
Simply click here to connect directly to the Customer Claims Portal for Loan Protection Plan.The optional Loan Protection Plan is a Credit Group Insurance Plan underwritten by Canadian Premier Life Insurance Company and Canadian Premier General Insurance Company.

Installment loans offered in Québec between $500 and $18,000. Eligibility is based upon income and other qualification requirements, including a credit check. The APR/credit rate is 34.28%. Installment Loan repayment terms range from 6 to 60 months based on amount borrowed. For example, a $4,500 loan paid in 36 monthly installments: Monthly payment: $201.73; Total cost with interest: $7,262.28; Total cost of credit: $2,762.28. Ask a Money Mart® Sales Associate for details. Applications processed and approved with lnterac e-Transfer® funding Monday through Friday between 6:00 a.m. - 10:00 p.m. ET and Saturday 6:00 a.m. – 9:00 p.m. ET typically receives email funding notice within two hours. Applications processed and approved outside of those time periods, Sunday and holidays typically receive email funding notice the next business day.

Interac e-Transfer® is a registered trademark of Interac Company. Used under license.

Minimum age to qualify for an installment loan in Québec is 19 years old.

Standard cheque cashing fees vary by province. Item fee applies. See store for details. Current market exchange rates plus $5.49 currency exchange transaction fee applies. Fees may vary by branch. Call a store for details. Western Union® is a registered service mark of the Western Union Holdings, Inc. Western Union also makes money from currency exchange. When choosing a money transmitter, carefully compare both transfer fees and exchange rates. TelPay is a registered trademark of TelPay Incorporated. The Titanium+® Prepaid Mastercard® is issued by Peoples Trust Company pursuant to license by Mastercard International Incorporated. Nextwave Titanium+® is a registered service mark of Nextwave Card Corp. Mastercard is a registered trademark, and the circles design is a trademark of Mastercard International Incorporated. Cirrus® is a registered trademark of Mastercard International Incorporated. TAP & GO® is a registered word mark of Mastercard International Incorporated. DirectLoad® is a registered word mark of Dollar Financial Group, Inc. APPLE® is a registered trademark of Apple, Inc. Google Play and the Google Play logo are trademarks of Google LLC. MONEY MART® is a registered word mark of National Money Mart Company. ©2024 National Money Mart Company. All rights reserved.