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
Same Day Loans Bad Credit
For same day loans bad credit, no credit check loans are a great solution. It gives the financial assistance you need when you have unexpected expenses. The loans are unsecured so there’s no need to worry if you don’t have any property or you don’t want to put your asset at risk. Perhaps you needed medical attention or your car broke down, the short-term loan gives a little help when you have no one to turn to.
Many people are intimidated by same day loans because they believe that their credit is not good enough. Banks and conventional loan providers have made them feel like they have no other option once rejected. Luckily, there are many same day loans direct lenders online who can provide extra cash regardless of your credit rating.
What Is A Bad Credit Rating
Whether the lender asks for a copy of your credit report or not, it’s best to understand what a credit rating is. A credit report contains all the remarks you have; it lists all the accounts you’ve created, when it was borrowed, the outstanding balance, and the other loan-related details. If you failed to repay on time or you broke the lender’s terms and conditions, you’re likely to get a low credit score. Meanwhile, there’s a chance for inaccurate information to enter your credit report so even if you’re a responsible borrower, you’ll still have a low credit remark.
Having a bad credit rating makes creating a new line of credit challenging. Most borrowers are rejected by banks and traditional lending institutions. Meanwhile, when the loan application is successful, the loan seeker is facing expensive rates. Therefore, having a good or excellent credit remark is important; it gives you a strong bargaining power and a higher chance to get the loan approval.
Tips For Getting Same Day Loans No Guarantor
Getting a same day loan is easy; however, finding the right one is not. Below are some of the tips that can help you find an appropriate loan provider:
- Make A List Of Lenders
From referrals to searching online – making a list of good lenders will make the job easier. Taking time to know each loan provider is more likely to provide good results.
- Check The Loan Terms And Conditions
Before signing up the contract, make sure to read the loan’s terms and conditions. Not all lenders are willing to discuss everything that is included in the agreement, thus it’s important that you do it on your part. Find out if there are hidden charges, the repayment terms, and the interest rates covered in the contract.
- Understand The Loan
Before acquiring the loan, it’s best to know how it works. Find out what you should expect once your application is approved and how you should use it. Most same day loans are granted for a short-time and with high-interest rates, thus using it for leisure or buying unnecessary things is not ideal.
- Give Correct Information
After reading the documents, be sure to provide your correct personal and financial information. One small typo can lead to a delay and as a result, you may not get it on the same day you’ve applied.
- Repay On Time
Whether you want to create a credit history or increase your credit rating, repaying the loan on time is important. Aside from helping your credit report, it also helps you get future loans without any problem. From the lender’s point of view, borrowers who pay on time are worthy to have the amount.
Who Are Qualified For Same Day Loans UK: Same Day Loans Instant
Same day loans instant look for easier requirements compared to banks and conventional lending facilities. However, not everyone is eligible to apply. If you’re clueless whether you’re qualified or not, here are some of the basic criteria:
- The borrower should have a source of income coming from a regular employment.
- Some lenders accept an alternative source of funds such as pension, benefits, alimony, or salary from freelance jobs or part-time employment.
- The borrower should meet the minimum income required.
- The online application form should be completed. Normally, it only takes 2 minutes and the questions include the basic personal and financial information of the borrower.
- The service provider may require valid IDs or important documents for verification purposes.
- The lender may look for checking account information owned by the loan seeker
- Contact details, such as email address and active mobile phone number, are required.
Every lender has their own criteria but it’s good to keep these things in mind to know which prerequisites should be prepared. Once qualified, the lender can send the money to your bank account electronically on the same day you’ve applied.
Same Day Loans Guarantor Same Day Loans Direct Lender
Same day loans are obtained from two sources – the direct lender and the loan broker. If you want a faster and hassle-free way of borrowing, you may use direct lenders. But, if you’re looking for a specific type of lender who can accommodate your special needs, you may work with a loan broker.
While both borrowers have fees on their own, choosing a same day loans direct lender is a cheaper option. They don’t apply commission fee for their service; rather it’s included in their interest rate. Meanwhile, a loan broker earns through commission fee so there’s a chance that you will pay for it.
Direct lenders have full control of their terms and conditions and the entire application process. There’s no need to wait for any go signal because they provide it directly. However, loan brokers can only assist you with the application but they cannot modify any policy or provide a direct decision. As a middle person, they only wait for the lender’s signal.
Both direct lenders and loan brokers have advantages and disadvantages. Weighing their pros and cons can help you find the right source according to your needs. So, before borrowing money and signing up a contract, take time doing a research first.
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.