Referral Program
Refer friends or family and earn rewards through our Referral Program. Share your referral link, and when someone you know applies and gets approved, you both benefit.
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New Brunswick
License #18004440
24/7
Approvals
2-Minute
e-Transfer
Over 8,000 New Brunswickers
helped in 2025
Key Takeaway
New Brunswickers can borrow up to $1,500 at a flat $14 per $100, with the total repayment shown before signing. Decisions come back in minutes at any hour, funds move by Interac e-Transfer in roughly two minutes, and repaying early carries no penalty.
A payday loan is borrowing against money you have earned but have not been paid yet. You take an amount today, one fee attaches to it, and the full sum leaves your account on an agreed date, usually the day your next pay arrives.
New Brunswick regulates this as a category of its own, separate from installment loans and lines of credit, which spread repayment over months and charge against the outstanding balance.
The borrowing fee is $14 for every $100, a flat rate with no hidden charges, no compounding interest, and no additional fees. That is the maximum permitted anywhere in Canada, and it is the only fee charged.
The arithmetic stays the same at every amount. Borrow $300 and the fee is $42, so you repay $342. Borrow $500 and it is $70, for a total of $570. At the $1,500 ceiling the fee comes to $210 and the repayment to $1,710. Whatever figure you land on, take the amount, add 14%, and that is what leaves your account on the due date.
Congratulations! Your loan is approved.
As long as you meet the following criteria, you may qualify for a payday loan with iCash
Be at least 19 years oldBe a resident of any of the provinces in which we operateShow that you have been receiving the same source of income for the past three monthsHave a total net income of at least $800/monthHave access to an online bank account, in which pre-authorized debits can be performed*Have a valid Canadian mobile phone number, address, and email address (VoIP numbers are not accepted)
*Please note that KOHO accounts do not qualify as they do not support pre-authorized debits.
Payday Loans for Government Benefits Recipients
Employment income qualifies, and so do Child Tax Benefit, CPP and private pensions, EI, workers' compensation, disability income, social assistance, and self-employment income.
Yes. A score is one part of the picture, not the whole of it.
The weight sits on whether income has arrived consistently over the past three months and whether the repayment sits comfortably against your pay. Past missed payments and thin credit files come through our process all the time without being the deciding factor.
Borrowed with us before? The next application skips the credit check entirely.
We will not promise a yes in advance. Every application is assessed against the criteria above.
Refer friends or family and earn rewards through our Referral Program. Share your referral link, and when someone you know applies and gets approved, you both benefit.
Over 1 million Canadians have used iCash. See what real customers are saying on Trustpilot, where we hold a 4.7 out of 5 rating.
Apply, track your loan, and manage repayments right from your phone. Our app is rated 4.8/5 on the Apple App Store and 4.8/5 on Google Play.
Your credit score does not define your eligibility. We accept all types of credit, so a low score does not have to stand in your way.
New Brunswick has one of the lowest median household incomes in Canada, and its unemployment rate sits above the national average. The province limits a single payday loan to 30% of your net pay for the pay period, which keeps repayments manageable but also shows how tight many household budgets already are. On incomes like these, one unexpected bill can be enough to open a gap before payday.
New Brunswick sits near the bottom of every national income table, and near the top of the unemployment ones.
Median after-tax income: $65,100 in 2024, roughly $10,400 below the national figure of $75,500. Only Nova Scotia came in lower
Unemployment rate: 7.3% in August 2026, against a national rate of 6.4%
Unemployment by city: Moncton at 7.5%, the highest of the Atlantic urban centres, Saint John at 5.5%, and Fredericton at 5.8%
Monthly adult transit pass: $85 in Fredericton, $83.50 in Saint John following a January 2026 increase, and $73 in Moncton
A provincial average, in other words, tells you less than the city you actually live in does.
What New Brunswick does have is rent that has not run away in the manner of its neighbours. Nova Scotia's asking rents lead the country at $2,356. New Brunswick's sit well under that, which is the single largest reason household budgets here hold together on incomes that would not stretch in Halifax.
Outside the three city transit systems, a vehicle is not optional, and that cost lands on the households least able to absorb it.
In 2025 alone, nearly 8,000 New Brunswickers turned to us for short-term funds.
Earn money every time you borrow with iCash! Our unique cashback program is designed to reward you for being a loyal customer and can help you save on future loan payments. After successfully paying off your first online loan, you'll receive 4% of the cost of borrowing credited to your account. You can earn up to 12% depending on how many iCash loans you have repaid.
Have more questions? Check out our full FAQ.
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