Before you share your banking details with any online lender, it makes sense to ask whether the company is real and licensed. That is especially true for payday loans, where scammers sometimes copy a lender’s name to trick people into paying “fees” up front. If you are wondering whether Cash Cowboy is legit, this page lays out the facts you can check for yourself.
Is Cash Cowboy a Real, Licensed Lender?
Yes. Cash Cowboy is operated by Digital Cash Cowboy Inc., a Canadian company that holds payday lender licences in four provinces:
- Ontario: Licence No. 4741205
- British Columbia: Licence No. 82941
- Alberta: Licence No. 355363
- Manitoba: Licence No. 84244
Licensed payday lenders have to follow their province’s rules on the maximum cost of borrowing, what must be disclosed in the loan agreement, and your right to cancel. You can read more about those rules in the Government of Ontario guide to payday loans and your rights or the Financial Consumer Agency of Canada’s page on payday loans.
Where Is Cash Cowboy Located?
Our office is at 100 King St W, Suite 5700, Toronto, ON M5X 1C7. Our team is available Monday to Friday, 9:00 AM to 7:00 PM ET at +1 (888) 516-3113, and you can also reach us through our contact page. Applications are completed online 24/7.
What Do Customers Say About Cash Cowboy?
Cash Cowboy is rated 4.6 out of 5 based on more than 1,600 customer reviews, which you can read on our website. Most reviews mention a quick application and friendly support. Like any lender, not every review is positive, and we think it is worth reading a mix before you decide.
How Cash Cowboy Loans Work
- Loan amount: $50 to $1,500
- Repayment: 14 to 62 days, in 1 to 3 installments
- Cost of borrowing: $14 per $100 borrowed (APR 82.4% to 365%, depending on the repayment period)
- Funding: Interac e-Transfer after you accept your terms
For example, on a $500 loan the total cost of borrowing is $70 and the total payback amount is $570. Every cost is shown in your digital contract before you sign, and there are no hidden fees. Full details are on our payday loan page.
How to Spot a Fake Lender
Scammers sometimes pretend to be real lenders, including Cash Cowboy. Watch for these warning signs:
- Upfront fees. A lender asks you to pay a fee, “insurance” or a deposit before you get your loan. Cash Cowboy never asks you to send money to get a loan.
- Gift cards or crypto. Anyone asking for payment in gift cards, cryptocurrency or a money transfer app is not a real lender.
- Guaranteed approval. Licensed lenders review every application. A promise of guaranteed approval with no checks is a red flag.
- Wrong website. Our application only runs on cashcowboy.net and app.cashcowboy.net. Check the address bar before you enter any details.
- Pressure. Someone tells you the offer expires in minutes or that you will lose your approval if you do not act right away.
If something feels off, stop and call us at +1 (888) 516-3113 to check. You can also read our guides on the bank investigator scam and holiday scams in Canada.
FAQs: Is Cash Cowboy Legit?
Is Cash Cowboy a licensed payday lender?
Yes. Digital Cash Cowboy Inc. holds payday lender licences in Ontario (4741205), British Columbia (82941), Alberta (355363) and Manitoba (84244).
Does Cash Cowboy charge upfront fees?
No. You never have to pay anything to apply or to receive a loan. The cost of borrowing is part of your repayment and is shown in your contract before you sign.
How do I log in to my Cash Cowboy account?
Existing borrowers can log in at app.cashcowboy.net/login to see their loans and payments.
How do I contact Cash Cowboy?
Call +1 (888) 516-3113, Monday to Friday, 9:00 AM to 7:00 PM ET, or use our contact page.
Apply with Confidence
If you have checked the details and Cash Cowboy fits your needs, you can start your application online. Have questions first? Our FAQ covers the most common ones.
