Money Mart is Canada's largest payday + cheque-cashing chain — 500+ stores nationwide. Same US parent (CURO Group) as Cash Money. Same products, same APRs (365-548% on payday loans depending on province). The key differentiation: cheque-cashing service for the unbanked. Otherwise identical to Cash Money.
Cash Money and Money Mart are both owned by Atlanta-based CURO Group. They're effectively the same business with two storefronts. Don't comparison-shop between them — the products are identical. Try to avoid both.
Money Mart was Canadian-owned until 1997 when it was acquired by Dollar Financial Corp (US). In 2018, Dollar Financial merged into CURO Group (Atlanta, GA). Cash Money was acquired in 2020. Money Mart, Cash Money, and a US-based brand called Speedy Cash all operate under CURO's subprime lending umbrella.
$100-$1,500 · 14-day term · See Cash Money review for full APR breakdown.
$500-$10,000 · 12-60 mo · Cheaper than payday but still 4-5× prime rates.
For the unbanked. The "service" with some legitimate use case.
Western Union money transfers. Wise/Revolut are cheaper.
Money Mart's cheque-cashing service serves a real need for unbanked Canadians. Their loan products do not — both payday (365%+ APR) and installment (47-59% APR) are dramatically more expensive than alternatives. Treat Money Mart like a Western Union outlet, not a lender.