Looking for Bree Loans alternatives?
Options you can look at are KOHO, Nyble, iCash, PAY2DAY and Woveo. Each of them offering unique features for different borrowing needs.
Why consider alternatives to Bree loans?
While Bree serves many Canadians, you might need different loan terms, lower interest rates, or services.
Whether you have poor credit or need a larger loan amount, exploring alternatives makes financial sense.
Top Bree loans alternatives
There are so many trusted alternatives offer different competitive rates, flexible terms, and higher approval odds for various credit situations.
Compare smarter borrowing options that could save you money and stress.
1. KOHO
KOHO offers Cover, a zero-interest cash advance up to $250, depending on eligibility. All you have to do is sign up for a KOHO account. Then, subscribe to Cover starting as low as $2 a month for the monthly subscription fee, and you can easily access your cash advance funds right away in app.
Plus, the more you make use of KOHO for everyday spending and repay your monthly Cover fees on time, the more likely you'll be able to increase your Cover limit.
Need more than what Cover provides? KOHO's line of credit gives you access to $1,000-$15,000, provided by Fora. It's a good option when traditional banks aren't available.
2. Nyble
Nyble allows users to access up to $250 for their balance protection insurance.
Cost Structure: Paid Membership
Cost: $11.99/month
Payment due date: 31 days following drawdown
3. Bree
Bree let's users access up to a $500 cash advance to prevent overdraft.
Cost Structure: Platform/Express Fee
Cost: $2.99 to $22.99
Payment due date: Next payday
4. Woveo
Users can access a cash advance of up to $250 with a premium plan.
Cost Structure: Paid Membership
Cost: $10/month per user
Payment due date: Monthly payments over 12 months
5. iCash
Users can get loans up to $1,500.
Cost Structure: Flat Fee
Cost: $14 per $100 borrowed
Payment due date: Next payday or up to the maximum 62-day period
6. Cash Money
Users can apply for Payday Loans of up to $1,500.
Cost Structure: Flat Fee
Cost: $14 per $100 borrowed
Payment due date: Next payday or about two weeks
7. PAY2DAY
PAY2DAY provides payday loans of up to $1,500.
Cost Structure: Flat Fee
Cost: $14 per $100 borrowed
Payment due date: Next payday
8. GoDay
Users can access payday loans of up to $1,500.
Cost Structure: Flat Fee
Cost: $14 per $100 borrowed
Payment due date: Next payday
9. Credit Club
Users can borrow payday loans of up to $1,500.
Cost Structure: Flat Fee
Cost: $14 per $100 borrowed
Payment due date: Next payday
10. Wagepay
New users can access pay advance of up to $1,500. This service is currently only available to Ontario & British Columbia residents.
Cost Structure: Flat Fee
Cost: $14 per $100 borrowed
Payment due date: Next payday or Postpone Repayment Feature*
*The postpone feature and the skip payment feature can not be used on the same advance.
How to choose the right alternative
When selecting a Bree Loans alternative, consider these factors:
Interest rates - Compare APRs across lenders
Loan amounts - Ensure they offer what you need
Eligibility requirements - Check credit score minimums
Repayment flexibility - Look for prepayment options
Customer service - Read reviews about support quality
Additional fees - Watch for origination or late payment charges
What you need before applying
To apply for these alternatives, prepare:
Government ID
Proof of income
Banking information
Address verification
Social Insurance Number
Most online applications take less than 10 minutes, with decisions often provided within 24 hours.
Beyond traditional loans: other options
Don't overlook:
Credit union personal loans
Peer-to-peer lending platforms
Money matters: choose wisely
Choosing the right loan alternative can save you thousands in interest and fees while potentially improving your credit score.
Take time to research each option, focusing on the total cost of borrowing rather than just the monthly payment.
Disclaimer: Pricing and terms are based on publicly available information as of July 2nd, 2025 and are provided for comparison only. Accuracy is not guaranteed.
About the author
Quan works as a Junior SEO Specialist, helping websites grow through organic search. He loves the world of finance and investing. When he’s not working, he stays active at the gym, trains Muay Thai, plays soccer, and goes swimming.
Read more about this author