Warning: Late repayment can cause you serious money problems. For help, go to moneyadviceservice.org.uk Loanski is an authorised credit broker not a lender

    CashASAP Loans Alternative

    Loans from £100 to £10,000

    • 3 months to 5 years
    • 100% online application
    • All credit scores welcome to apply
    • Paid in as fast as 10 minutes^

     

    Secure SSL connection

    Your application is sent over a secure encrypted network

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

    Choose Loan Amount

    Credit score not affected*

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    Rates from 45.3% APR to 1575% APR Minimum Loan Term is 3 months - Maximum Loan Term is 60 months. Representative Example: Borrow £1000 for 24 months. Annual interest rate 70% (fixed). 24 equal instalments of £77.48. Total amount to repay £1,859.52. Representative 97% APR (variable).
    *Subject to application being approved by the lender. Not all lenders are able to provide up to £10,000

    Choose Loan Amount

    Credit score not affected*

    Loading

    Rates from 45.3% APR to 1575% APR Minimum Loan Term is 3 months - Maximum Loan Term is 60 months. Representative Example: Borrow £1000 for 24 months. Annual interest rate 70% (fixed). 24 equal instalments of £77.48. Total amount to repay £1,859.52. Representative 97% APR (variable).
    *Subject to application being approved by the lender. Not all lenders are able to provide up to £10,000

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

    Loans from £100 to £10,000

    • 3 months to 5 years
    • 100% online application
    • All credit scores welcome to apply
    • Paid out in as fast as 10 minutes^

     

    Secure SSL connection

    Your application is sent over a secure encrypted network

    REPRESENTATIVE 97% APR

    Loanski offers competitive interest rates compared to some lenders across the market.

    Installment Options

    Customize your loan term from 1 month to 60 months putting you in control of your payment plan.

    Fast Payouts

    You can expect fast payouts sometimes within 10 minutes^

    Company Number: 

    07989136

    Company Name:

    Cashasap.co.uk is a trading name of APFIN LTD

    Date firm started up business:

    13 March 2012

    Type of Business: 

    64921 – Credit granting by non-deposit taking finance houses and other specialist consumer credit grantors

    CashASAP offers the following:

    £100 to £300 for first-time customers.

    Returning customers can borrow up to £750.

     

    Loan term length:

    1 day to 3 months

     

    Related brands:

    Clear and Fair

    Polar Credit

    Head Office Address:

    12 Gough Square,
    London,
    England
    EC4A 3DW

    FCA Status: Authorised

    APFIN LTD is authorised and regulated by the Financial Conduct Authority (FCA)

    Payout Time:

    This depends on your bank. The funds will be transferred from CashASAP as soon as you are approved. A lot of major UK banks will instantly send the funds in to your bank account.

    Smaller banks may take a little longer.

    CashASAP Review

    CashASAP is an online short term loan company that offers two types of loans. Payday and short-term instalment loans. The maximum amount you can borrow for first-time customers is set at £300 and returning customers is £750.

    They are a trading brand name for Apfin LTD who have been offering financial services to customers in the United Kingdom since 13 March 2012.

    Apfin LTD also have two other brand names for loans  that they use, which are Clear and Fair and Polar Credit.

    Although their website isn’t the most exciting and enticing one we have seen, it is pretty simple and easy to use.

    How the company works:

    If you wish to apply for a loan with CashASAP then you will need to apply directly through their website.

    First of all, you will need to decide on whether you wish to apply for a payday loan or a short term instalment loan.

    If you choose payday, you will need to pay back within 32 days and in one lump payment, but then your loan will be finished.  Choosing short term means that you can pay back over 2 or 3 months and your monthly payments will be less because you are spreading the cost.

    Repayment method:

    Repayment method with CashASAP is done by Continous Payment Authority (CPA), which is where the payment will be taken directly from your bank card.

     

    Do I need a bank account?

    As CashASAP is an online loan service, you will need a UK bank account and also a debit card which is attached to the account.

     

    To be eligible to apply for a loan you must fit the following criteria:

    Age

    All applicants will need to be a minimum of at least 18 years of age to be eligible to apply for a loan with CashASAP.

     

    Address information

    During your loan application, you will be required to fill out your address information. Your address must be inside the United Kingdom. You will also be required to provide your address history over the last 3 years. So the relevant credit checks can be carried out and validated.

     

    ID and Income

    One of the main criterias to be eligible for a loan with CashASAP is that you must be in either full-time or part-time employment. Unfortunately, if you are solely on benefits then you will not be accepted for a loan.

    You must also give details on your monthly outgoings so they can ensure that they will not be putting you into any financial difficulty by lending you money.

    On your monthly outgoings assessment, you can include monthly bills such as Rent/mortgage, car payments, credit cards, childcare fees, groceries, utility bills and any other monthly outgoings you may have, such as other previous credit commitments.

     

    Penalties

    It is not recommended to miss any payments with CashASAP. The penalties accrue daily interest and before you know it, you could end up owing more than you borrowed, in fees alone. Here is their penalty policy:

    The following fees will also apply:

    Interest will continue to accrue on a daily basis at the rate of 290% p.a. on the outstanding balance from the agreed repayment date until the date it is paid in full.

    A £10 Default Fee will be charged on the first calendar day following your repayment date if you do not repay the total amount payable in full on the agreed repayment date.

    If you think that you may not be able to make your payment then please contact them as soon as possible.

    They may be able to extend your payment date or offer you some other solution.

    If you continue to miss payments, you may receive a default on your account, which could affect your credit file, ultimately preventing you from applying for any more credit in the future.

     

     

    Reviews

    CashASAP has excellent reviews on Trustpilot. Their over all-star rating is 4.5 over 5 which is fantastic.

    89% of their reviews have been rated by their customers at excellent and great with only 8% rated as bad and poor.

    In some of the good reviews, customers compliment CashASAP on just how fast they received their money. Some state that it was deposited in their bank in less than 20 minutes after being approved!

    Their level of customer service also seems to be great. They have taken the time to respond to all of their customer’s reviews, either thanking them or offering them a solution if it is a complaint, which shows they care what their customers think.

    Out of all the bad reviews, most people are complaining that they were not able to obtain a loan with them. Or they have been a long-standing customer but were no longer able to obtain a loan.

    CashASAP is a responsible lender and it is their duty to ensure that they will not put any of their customers into any difficulty by loaning them money.

    Even if customers have previously had loans with them, it may be that their financial situation has changed slightly and no longer pass the affordability assessment.