Warning: Late repayment can cause you serious money problems. For help, go to MoneyAdviceService.org.uk


Get Up to £5,000!*

Select an Amount:

Representative Example:
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)

Please note:
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.

Instalment Loans
Fast Loans
Loan Locations

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
Loan term
3 months
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Loan amount
100 - 2,500
Loan term
6 - 14 Months
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Payday Loan 101: What Beginners Should Know – What is a Payday Loan?

Applying for a payday loan is like jumping into a bottomless quicksand – there’s a chance that you may never get out. Even if payday loans have improved since the last decade, their volatility is still imminent and borrowers are still paying outrageous fees. Of course, you have the option to stay away from payday loans – there are other types of loans anyway. But what if you really need money in the same day? What if you encountered a distressing financial situation? In this case, the payday loan can bail you out.

Before you head straight towards the nearby payday lending office, you need to understand some helpful points. Borrowing a payday loan is not a joke, so you have to be prepared.

And what is a payday loan really?

Payday Lenders Don’t Have Strict Credit Checks

Unlike other commercial lenders, payday lenders don’t follow a strict credit check system. Rather, they will assess your loan on two main parameters: employment status and character. If you’re employed and doesn’t have any problem with the law, there’s a big chance that your loan application will be approved. It also works best if you’re referred by a friend or relative.

You Can Get Your Loan Within Minutes

The real problem with commercial loans is the lengthy processing period. It typically takes more than a day before your application is approved or denied. If you even applied for a bigger loan, the situation is more pressing. Business loan borrowers, for example, need to present their business plans and methodologies to the lender. If the plan is favoured by the lender, the loan can be released in few days. With payday loans, you can get your money in just minutes. This is especially true with online cash advance lenders. After you got the approval, the lender will send your money to your bank account.

Typical Payday Loans Have High Interest

Since a payday loan can be received easily, it’s probably a loan ‘made in heaven.’ Not quite, though. The first disadvantage of payday loan is the high interest. Regular-paying borrowers usually end up paying more than 150% of their principal. The rates can even go up if the economy is unstable and the payday lender needs to adjust the stakes. High interest is normal in the payday lending industry. If you can’t bite it, choose another debt instrument.

Miss One Term and You May Have Trouble

What if you’re locked in with a payday loan and you suddenly cannot repay? Well, aside from the interest, you need to pay penalties. The penalties of lenders vary, but they can range from 10-50% of the principal. Some lenders will even charge larger penalties to churn out more profits in few months. Once you missed a term, you’re trapped. The only sensible choice is to fully repay the loan in the next term.

Payday Loans are Unsecured

Payday loans, no matter how beautifully they’re presented, are unsecured. Unsecured loans are called that way because the lenders don’t issue collaterals – there’s no definite way to get their money if ever you fail to repay. Instead of a collateral system, the payday lender will just send persistent collection agents after you. The lender will also pursue all legal processes to get the amount you owe. Unsecured payday loans are also subjected to frequent changes in rate, even though the lender didn’t issue a major announcement.

Some Representative APR Examples are Inaccurate

Whenever you visit a payday loan website, you’ll see the current APR and the amounts that the lender can offer. Additionally, you’ll also see a representative example of how the rates will add up throughout the duration of the loan. Not all representative examples are accurate. Some are just approximations of the loan interest and other related fees. Since the lender can change the rates freely, the representative example can yield different results from time to time.

Predatory Lending is Still Happening

The old days of predatory lending are now limited, but still existent. Now, predatory lenders are more than capable of getting more money from borrowers. They can do this while under the nose of the law since there are loopholes that they’ve exploited. To minimise the risk encountering a predator lender, you should spend time in checking reviews. Don’t jump into the payday loan bandwagon right away. Research about the top lenders in town and understand their rates. Only then you can proceed without getting worried about predator lenders.

Payday Loans are Good for the Economy

You’re probably wondering if payday loans are really helpful or not. This is a situation of perspective; a payday loan can be helpful if it’s not exploited. Think of the payday loan as the last card that you must play when all other solutions have failed. In a grander scale, payday loans can empower the economy. With more payday loans offered, people will have better buying options. This will drive all businesses forward at the expense of high interest and some uncontrollable fees.

Have you understood all of these points? If yes, then you’re ready to apply for your first cash advance loan. Whatever happens, don’t forget to reply accordingly!

3 most recent personal loan reviews

Review of Drafty

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

  • Customer Service
  • Flexibility
  • Ease Of Use
  • Value For Money

Review of Tesco Bank

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

  • Customer Service
  • Flexibility
  • Ease Of Use
  • Value For Money

Review of Ferratum

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

  • Customer Service
  • Flexibility
  • Ease Of Use
  • Value For Money

All Reviews have been acquired from https://uk.trustpilot.com/ to guarantee authenticity.