305.9% APR. £400 borrowed for 90 days.
Total amount repayable is £561.92 in 3 monthly instalments of £187.31.
Interest charged is £161.92, interest rate 161.9% (variable)
Cashity is NOT a lender – we are a licensed broker working with the most popular direct lenders in the market to find you the most suitable short-term loan plan. Our FREE quoting service compares more than 40 lenders quickly and finds you a lender with the lowest rate that they are willing to lend to you today.
Rates from 45.3% APR to 1575% APR – we provide a no obligation quote, your APR will be based on your personal circumstances
Welcome To Cashity
Welcome to Cashity the one stop shop for all your loan needs we specialise in providing a fast and hassle free finance applications. Put that spending power back in your wallet with Cashity’s 90-second application process.
We have a Variety of Loan Options
Click around and find out what suits you best. You may find that there is a loan here that suits your circumstances perfectly. If not then why not get in touch with our amazing team, they can find a plan to fit any situation.
We Will Guide You Every Step of the Way
We will find the best plan to suit your individual needs no matter what amount you’re looking for or for how long.
Check Out What Made Her Smile
We have a dedicated team on hand every day to make sure that you get the service that you deserve.
Competitive Examples from Rival Companies
Click ‘Show More’ for a representative example of their rates.
Loan amount £400 for 30 days. Total amount repayable £459.36. Interest 180.5% p.a. (variable). Representative 728.9% APR
Enjoying the Perks of Quick Payday Loans Lenders Only
At first glance, you may not be unaware that the online site that you are looking into is actually a broker and not a lender. Truly, brokers have mastered the art of deception. Hiding their true identity while taking advantage of the vulnerability of borrowers who are desperate to find a quick payday loans lenders loan. Once an applicant is hooked, they will use his information as a priced commodity; selling it to the quick payday loans lenders that will give them the best commission. This is how they make easy money and it’s not hard to understand why you want to avoid them.
We are indeed a broker, however, we do not charge a fee or increased interest rates for our service. We certainly don’t try to hide this fact either, we are proud to be brokers. At Cashity we have reversed the process of the application making you the power at the top instead of the lending companies. We simply act as an intermediary between you and the official quick payday loans lenders. What this means is that we have reversed the usual lending process by making the lenders bid over winning your contract. As a result, it means that you are guaranteed to get the interest rates driven down by the competing lenders. Also, we acquire our fee from the winning bidder for giving them the opportunity to have a contract with you, this means you do not pay anything on top of the APR.
Brokers and Direct Lender Payday Loans
Broker sites are basically portals that will direct you to a network of direct lenders and once your loan gets approved by a certain quick payday loans lenders, the brokers will receive a commission from them. Other brokers may still charge you with upfront fees for their services even after receiving commissions, doubling up their income by charging both you and the quick payday loans lenders. This is how brokers make their money by simply linking a potential borrower to a direct lender. But, if you really think about it, you can easily avail of a loan from a direct lender even without the services of a broker by simply going to the lender’s website and making the deal yourself.
All the broker does is forward you to a direct lender’s website and let you choose a loan term that you want. If you can’t find one that suits you, the broker will simply redirect you to another direct lender until you finally settle on a loan term and make a legal agreement. Again ew work slightly differently to this, we will not pass you or your details to anyone until we have found the perfect plan to suit you. This way your time is not being wasted and your details are not being handed out. Once the deal is officially made, the broker has done his job, leaving all payments and future correspondence to you and the quick payday loans lenders.
How to Get Payday Loans from a Direct Lender?
When a company says “we connect our borrowers to numerous payday loans direct lenders” or “we will provide you with a network of reliable direct lenders” or anything that gives the message “we don’t offer loans but we know some who does and we can point them to you” on their website, it’s a broker and you don’t want to stay long on that site. Also, if you get redirected to another website after you have submitted the application form, then you were dealing with a broker because only lenders have the power to evaluate your application, verify the details that you have submitted, and make the decision to enter into a credit agreement with you.
You will know if a company is a direct lender if you can directly avail the loan in its website. All the information on the loan is displayed on its main page including the amount that you want to borrow, the period of repayment, and the interest rates that they charge for it. Also, in the bottom section of their website, you will see the company’s details: that it is a registered lender, with a registered address, and authorised and regulated by the Financial Conduct Authority under a certain registration number.
Perks of Payday Loans Online
Once you find a legit direct lender, this is when you enjoy the perks of payday loans online. You will find that the entire application process is a breeze with approval decisions taking just a matter of minutes. And once you are approved, you could even see the money deposited in your account within a single business day. If you are 18 years of age, a citizen of the country in which you are applying for the loan, possess a reliable income stream, and have a personal bank account that can receive money transfers, chances are you will instantly be approved for a payday loan online.
Bad credit does not also mean automatic rejection as quick payday loans lenders have their own criteria when assessing an application and many will not require a credit check. You will find that there are plenty who are ready to lend you the money that you need despite your poor credit score as long as they can see that you have a good source of income and getting into a repayment agreement with you is realistic.
Now you know how brokers operate and what you can do to avoid them. You also know how to separate the legit quick payday loans lenders from the brokers by simply navigating through their respective websites. Once you have found a direct lender that offers reliable services, this is the time where you will truly enjoy the perks of quick payday loans online. We can help you with every step of the way and even do it all for you. making your life that much easier.
3 most recent personal loan reviews
Excellent, paid on time, offered a top up a year later- done within less than 30 minutes - paid out within two hours can't fault this company had two loans with them prior to this one.
Review posted by Andrea Attwood, Harrogate
Ease Of Use
Value For Money
Company makes sure that guarantor and applicant understand their contractual obligations. Faster payment is used so participating banks transfer the money in less than 2 hours, mine for Tesco-Guarantor-Applicant was less than 2 hours for the total process. Avoid an Easter weekend, takes longer to process applications. Also, look at other lenders, some ask over 1000% interest, Tesco, 49%, early repayment allowed, interest charged on a daily basis to repayment date.
Review posted by Micheal Peters, Southwold
Ease Of Use
Value For Money
When I made my application I thought it was merely a scam. It was too good to be true considering my credit rating. I couldn't believe my eyes when I checķed my account a few hours later and saw the huge amount sitting there. I don't hesitate to give Ferratum the highest ranking on the land for believing in me and made my dreams possible by making the funds available to me in a short space of time hussle free. No paper work, no stress.
Review posted by Lorraine Smith, Ironbridge
Ease Of Use
Value For Money
All Reviews have been acquired from https://uk.trustpilot.com/ to guarantee authenticity.