Can you get a loan on your child tax benefit? Here's how CCB loans work: who qualifies, how much you can borrow, when you repay, and exactly what it costs.
Yes. Some licensed lenders, including AppleTree Cash, accept the Canada Child Benefit (CCB) as qualifying income. It can be your only income or one part of it, alongside employment, Ontario Works, ODSP, CPP or OAS.
To qualify with AppleTree Cash you need to be 18 or older, live in Ontario, Saskatchewan, Nunavut, Yukon or the Northwest Territories, and receive at least $400 from the income your loan is based on (such as your CCB) on each payday. See the full list on our Requirements page.
Loans range from $100 to $1,500. Your amount is based on your CCB and any other income, your banking history, and how much of your deposit already goes to other lenders.
We review your bank statements to see how your benefit lands and what's left after your regular payments. New customers send 3 months of statements, so having them ready speeds things up.
Repayment is timed around your CCB deposit. The CRA pays the Canada Child Benefit on the 20th of each month, or the business day before when the 20th falls on a weekend. In December, it's paid early, on December 11, 2026.
Your payment is collected by pre-authorized debit, and your exact repayment date and amount are shown before you sign. See every 2026 payment date on our child tax loans page.
AppleTree Cash charges $14 per $100 borrowed, and the full cost is disclosed before you accept your loan agreement. Here's an example:
A smaller loan works the same way: borrowing $300 costs $42, so you'd repay $342. There are no hidden fees.
An active Canadian bank account in your name, open for at least 90 days, where your income is deposited, with at least $200 left at the end of the day on each payday.
Recent bank statements showing your CCB or other income. New customers need 3 months.
The online application takes about 5 minutes. Once we have everything we ask for, funding by e-Transfer takes about 20 minutes. See how it works.
Your CCB is recalculated every July based on your family's tax return from the year before. If a return isn't filed on time, payments can be paused until it is.
If your benefit changes or you can't make your payment, contact us as early as possible. Payment arrangements can be made before or after the due date. Rollovers and extensions aren't permitted, and a returned payment carries a $20 NSF fee.
A child tax loan is meant to cover a short-term gap before your next deposit, not ongoing monthly costs. Short-term loans cost more than a line of credit or credit card, so borrow only what you need.
If you find yourself relying on loans regularly, our responsible lending page lists other resources worth considering.
Yes. AppleTree Cash accepts the Canada Child Benefit (CCB) as qualifying income, on its own or together with other income, as long as you receive at least $400 from the income your loan is based on, on each payday, and meet our banking requirements.
Between $100 and $1,500. The amount depends on your CCB and other income, your banking history, and how much of your deposit is already going to other lenders.
Your loan is timed around your CCB deposit, which the CRA pays on the 20th of each month or the business day before. Payment is collected by pre-authorized debit, and your exact repayment date and amount are disclosed before you sign.
No. AppleTree Cash offers short-term loans with a 61 to 62 day term, not long-term installment loans. You can still use Canada Child Benefit income to qualify.
Contact us as early as possible. Payment arrangements can be made before or after the due date. Rollovers and extensions aren't permitted, and a returned payment carries a $20 NSF fee.
Apply now and get up to $1,500 deposited to your account today.
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No refinances, rollovers, or extensions
Clear terms on payments, fees, and implications of non-payment
1. Minimum and Maximum Repayment Period
2. Maximum Annual Percentage Rate (APR)
3. Representative Example of Total Loan Cost
