Privacy policy

Xcash Money Solutions. (referred to below as "Xcash", "we", "us" and "our") is committed to protecting privacy and maintaining high standards of confidentiality and security. This Privacy Policy covers the principles and practices that we follow regarding how we collect, use, disclose and protect Personal Information that is provided to us.

In this Privacy Policy, the term "Personal Information" means information that is provided to or collected by Xcash regarding an applicable individual.

Types of Information We Collect

Xcash is a provider of payday loans and other forms of consumer loans. We collect Personal Information for purposes in relation with the products and services that we offer. In particular, Personal Information is collected and used in order to assess and evaluate credit applications, offer and administer our products and services, and collect amounts owed to us.

Personal Information that we collect may include:

Your full name your contact information, such as your address, telephone number and email address information helping establish your identity, such as your date of birth and social insurance number.

Information regarding your employment, such as the identity of and contact information for your employer, your position, your compensation and your pay period.

Your bank account information, routing numbers and other information required to process payments.

Your credit history and credit score, your preferences and any other Personal Information that you voluntarily choose to provide to us.

We may collect Personal Information directly from you, from third parties such as your employer, credit reporting agencies and information service providers, from your social media accounts (such as Facebook, Instagram or other services) and from publicly available records.

Our instant payday loan application simplifies the traditional loan application process by providing Canadians the ability to securely apply for payday loans using their mobile device, eliminating the need for documentation/identity checks, resulting in saved time and less stress.

GET A LOAN IN 3 EASY STEPS

1. Sign up and Complete our Application

No need to provide bank statements or government ID’s just fill out the basic information and you will receive a response the same day.

2. Get Notified

Once pre-approved you will receive an introductory email containing your contract and next steps to receive your money.

3. Collect your Money

Once your contract has processed your funds will be automatically deposited into your selected bank account.

Why Xcash?

Most Efficient Application Process
Receive Cash Instantly up to $1500
Decision Not Based on Credit Score
24/7 In-App Chat Support
Application is Secure and Confidential
No Paperwork
Zero Hidden Charges
Exceptional Customer Support!

PAYDAY LOAN INFORMATION

*Minimum repayment period 61 days. Maximum repayment period 62 days.

*Interest fees: (Loans available in all provinces excluding Quebec.) PEI $25 per 100, Nova Scotia $19 per 100, Manitoba $17 per 100, Ontario $15 per 100, Alberta $15 per 100, British Columbia $15 per 100, New Brunswick $15 per 100.

*Maximum APR 109.5%

*Loan Example: Applicant in Ontario applies for $400, the loan term is 61 days (bi-monthly) and is to be repaid in 1 payment. (Term)

The total repayment amount is $400 (Principal) $60 (Interest) $460 (Total), resulting in an annual interest rate of 89.75%.(APR) The loan will be considered paid off with no remaining payments.

Applicant in Ontario applies for $400, the loan term is 61 days (bi-monthly) and is to be repaid in 2 payments. (Term)

The monthly payment amount is $200 (Principal) $30 (Interest) $230 (Total), resulting in annual interest rate of 89.75%.(APR) The next payment will be due in 30 days for the amount of $230 (Remaining Balance)

*In the case of a NSF Fee or missed payment an additional one time $50 fee will be accrued.

We do not administer additional NSF charges or recurring late fees.

SECURITY

Xcash cares about your well-being, measures are taken to ensure your information is secure.

How We Use and Disclose Personal Information

Xcash may use and disclose Personal Information for the following purposes:

Establishing your identity
Determining your eligibility for our products and services
Assessing your credit
Providing our products and services to you
Advancing funds to you
Collecting payment from you
Reporting to credit agencies
Ensuring that we promote safe and responsible borrowing
Complying with legal and regulatory requirements as necessary for insurance and security requirements
To detect and prevent fraud, money laundering or other illegal activities
To keep your information and preferences accurate
For marketing our products and services to you by email or other means, if you have subscribed to one of our mailing lists
Any other purpose which is permitted or required by applicable law

We may also disclose your Personal Information for any other purpose to which you consent.

Xcash does not sell or illegally distribute any of your Personal Information.

We may disclose Personal Information to our affiliates and to third party agents and service providers that perform services on our behalf in connection with our business, such as call centers, collection agencies, marketing services, analytics service providers, information technology providers and data hosting and processing services.

Any Personal Information that is disclosed to these affiliates and third parties is subject to the terms and conditions of this Privacy Policy, and we require these parties to use appropriate security measures to protect Personal Information in accordance with the standards described in this Privacy Policy.

If you have subscribed to one of our mailing lists, Xcash may periodically send marketing and promotional offers to you. Any marketing messages sent by Xcash will give you the opportunity to update your contact details and mailing list preferences or unsubscribe from our mailing lists altogether. If you do not wish to receive marketing messages from Xcash, please follow the unsubscribe link in one of our marketing messages to update your preferences or to unsubscribe. You may also contact us using the contact information below.

Personal Information may be subject to transfer to another organization in the event of corporate transaction, such as a merger or change of ownership. This will occur only if the parties have entered into an agreement under which the collection, use and disclosure of the information is restricted to those purposes that relate to the business transaction, including determining whether or not to proceed with the business transaction, and is used by the parties to carry out and complete the business transaction.

This Privacy Policy does not cover any information about an individual where the identity of the individual is not known and cannot be inferred ("Aggregated Information"). Xcash retains the right to use Aggregated Information in any way that it reasonably determines is appropriate.

Limiting Collection, Use, Disclosure and Retention of Personal Information

The length of time that Xcash retains your Personal Information may vary depending on the services you have requested and your relationship with us. Personal Information will be used and retained by Xcash so long as it is reasonably required to fulfill a purpose identified in this Privacy Policy or as otherwise required to be retained by law.

Xcash uses secure procedures to destroy, delete or erase Personal Information or convert it into an anonymous form.

Our Website and Cookies

In general, you can view our website and app without giving us any Personal Information. If you are one of our anonymous visitors, please bear in mind that we may still record certain analytical information as described below.

Xcash may use cookies, web beacons/pixel tags, log files and other technologies to collect certain information about visitors to our website and app, and recipients of our other communications. When you visit our website or use our app, we may collect information about your visit including your IP address, your geographic region (as determined from IP address), clickstream through our website or app, the date and time or your visit, information about your device and network such as the browser you use and its configuration, your connection speed, the pages you view or search for on our website or app, what links you click, what you download, our page response times, any download or other errors, the length of your visit, and whether any emails we send are opened. We may use this information to improve the functionality of our website and app, to tailor or improve the content that we may send or show you, to improve our products and services, and for analytical purposes to understand how visitors interact with our website and app and any messages and the information we provide.

Consent

If you provide any Personal Information to Xcash, then providing this information means that you have agreed and consented to our collection, use and disclosure of your Personal Information in accordance with this Privacy Policy. If you do not agree with these terms, do not provide any Personal Information to us. However, our products and services can only be offered if you provide Personal Information to us and we may not be able to offer products and services to you if you choose not to give us any required Personal Information.

Consent may be given in different ways, such as by signing a document, agreeing through electronic means, consenting verbally, or by voluntarily providing Personal Information to us.

Please note that there are certain circumstances where the collection, use and/or disclosure of Personal Information may be justified or permitted without your consent, or where Xcash may or must disclose information without consent, in accordance with applicable law. You have the right to revoke your consent to the collection, use and disclosure of your Personal Information at any time. However, if you revoke your consent this may prevent us from providing products and services to you. In these circumstances, we may continue to use your Personal Information to the extent that you may owe any amounts to us.

Storage and Security of Personal Information

Xcash is committed to protecting Personal Information against loss, theft, unauthorized access, disclosure, duplication, use and modification Xcash will take steps to maintain physical, procedural and technical security for Personal Information in accordance with industry standards.

Personal Information that is provided to Xcash is primarily stored and maintained within Canada. However, in some instances, Personal Information may be stored or processed outside of Canada, including information that is transferred to our affiliates and third party agents and service providers. In those cases, Personal Information may be subject to the local laws of the jurisdictions within which the information is collected, used, disclosed, stored and/or processed, and may be subject to access by governmental and law enforcement authorities in those jurisdictions.

Accuracy and Access

Xcash attempts to ensure that all Personal Information provided and in its possession is as accurate, current and complete as necessary for the purposes for which we use that information.

You have a right to request access to your Personal Information and to request a correction to it if you believe it is inaccurate. In the event that you believe that your Personal Information is not accurate or you wish access to your Personal Information, you may make a request using the contact information provided below.

Amendments to Privacy Policy

This Privacy Policy is in effect as of January 1, 2021. From time to time we may review and revise our privacy practices and this Privacy Policy. In the event of any amendment, a notice will be posted on our website www.xcash.ca.

If you continue to access and/or use our website or app or if you continue to provide Personal Information to us after any such change, this will indicate that you have accepted and agreed to our updated Privacy Policy. Please periodically review this Privacy Policy so that you know what Personal Information we collect, how we use it, and with whom we may share it.

All sensitive data transmitted is processed through a 128 bit Secure Layer (SSL) Encrypted Technology. Your use of our services is strictly voluntary and is governed by our Privacy Policy and Terms & Conditions of Use.

Contact Us

If you ever have any questions, complaints or concerns regarding this Privacy Policy or any Personal Information that you have provided to us, please contact support@xcashapp.ca

We may also be reached at:

Xcash Money Solutions.

3768 Bathurst st. Unit #206

Toronto, Ontario M3H 3M7

www.xcash.ca