FAQ

1. Why do people use Cash Depot?
2. Who uses Cash Depot?
3. Why would someone use Cash Depot instead of their bank?
4. Where Can I Find A Cash Depot location?
5. Can I roll-over or extend my Payday Loan?
6. How often can I get a Payday Loan?
7. Do I need to give collateral for my Payday Loan?

1. Why do people use Cash Depot?

We provide fast, friendly, easy to use services that our customers have grown to love. We are also
committed to customer satisfaction and are very proud of the fact that we work hard at satisfying every
customer and for treating our customers the way we would want to be treated ourselves.

2. Who uses Cash Depot?

Lots and lots of people use Cash Depot for many different reasons. We have customers who find it more
convienient to cash their cheque with us (Banks often hold the proceeds of a cheque for 10 business days).
We have people that just need a little extra cash till they get paid again, and we have people that are looking
for substantial loans to use in growing their own business or for home renovations. Whatever the reason,
Cash Depot is commited to looking after you the only way we know how, friendly, professionally, and in
a timely manner.

3. Why would someone use Cash Depot instead of their bank?

Our customers choose Cash Depot over their banks for a variety of reasons; our fast friendly service,
our convienient locations, and the great customer service. We also have many customers that the banks
are unable or are unwilling to service.

4. Where can I find a Cash Depot location?

We have locations in Welland, St. Catharines, and Hamilton. For a listing of the addresses, phone #'s,
and hour's of each store please click here.

5. Can I roll-over or extend my Payday Loan?

No. A Payday Loan is a short-term loan to help solve short-term borrowing needs only. For this reason
we require that you pay off your loan in full on or before the due date. Provided that it is paid off you are
welcome to obtain a new payday loan as soon as the previous one is paid off, however if you are looking
for a longer term solution then we recommend you examine other options that might include our
vehicle title loan or collateral loan products.

6. How often can I get a Payday Loan?

There is no limit on the number of Payday Loans you can have, however you cannot roll-over or extend
a current payday loan. A Payday Loan is meant to be a short-term solution to help solve the needs that you
might have between paydays. If you find that you are needing Payday Loans on a regular basis you may
need to consider other sources of financing.

7. Do I need to give collateral for my Payday Loan?

No. Cash Depot never takes any form of collateral for a payday loan.

 

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