A Fresh new way to the SMALL LOAN
you need from £100 - £1000 *
√ No Fees √ No Paperwork √ No Phone Calls √ Apply Online √ Secure UK Site
Representative Examples: - SMALL LOAN
Borrow £100 for 28 days. Total charge for credit £24. Total repayable £124.
Interest rate of 292% per annum (fixed). Representative APR 1223.6%. *
Representative Examples: - PERSONAL LOAN
Amount of credit £1,500 for 2 years. Interest rate: 71.3% pa (fixed).
24 scheduled monthly payments of £118.88.
Total amount repayable: £2,853.12. Representative APR 99.9%. *
Our service is FREE and we will never ask you for upfront fees! Licensed Credit Broker
We are not a lender we are a Licenced Broker
Whatever your loan needs, our panel of lenders could find a product to suit you. As a broker we specialise in helping people when they need it most we help find loans to aid in an immediate emergency by putting you in touch with our panel of lenders. We offer a fresh new way of thinking and to ensure that we help you to find the loan that is right for YOUR circumstances. That's why you can trust Borrow Cash Loan.
Please note: we are NOT a lender - we are a licensed broker working with the best direct lenders in the market place to find you a short-term loan. Our FREE quoting service compares more than 40 lenders quickly and finds you the lender with the lowest rate that is willing to lend to you today.
Apply online in minutes and get the cash you need today just as quickly!
* subject to lender requirements and approval
PLEASE NOTE - A cap on the cost of payday loans has come into force aimed at preventing debts spiralling out of control. The measures mean that if someone borrows £100 for 30 days and pays back on time, they will not be charged more than £24. And someone who borrows £100, but struggles to repay their debt will never pay back more than £200, including fees and charges.
The new rules also mean those who cannot afford to repay their debt on time will never pay back more in charges than the sum they initially wanted to borrow. For all high-cost short-term credit loans, interest and fees must not exceed 0.8% per day of the amount borrowed. Default fees for borrowers who fail to repay on time will be capped at £15.
The Financial Conduct Authority (FCA), which oversees the industry, said the move would lower costs for most borrowers and ensure that charges are proportionate to the size and duration of the loan.
We only want you to apply for a loan if you're sure you can repay it in full on your due date and still manage your other outgoings. By accepting these terms you confirm you have provided accurate financial information and considered potential future income and outgoings in determining your ability to repay.
* subject to lender requirements and approval
Warning: Late repayment can cause you serious money problems. For help, go to moneyadviceservice.org.uk
If we are not able to find you a lender, we will find you an alternative solution. Sometimes this is a broker who may ask you to pay a fee in exchange for them arranging a loan with their own lenders. [NOTE: You are under no obligation to agree to pay any fee and if in doubt please seek professional advice.] Other solutions might be debt help or a credit score option so you can improve your financial position.
Consider your incomings and outgoings before applying for any type of loan. Late repayments or failure to repay your loan may incur extra charges from the lender. We strongly encourage customers to read thoroughly the terms and conditions of the lender about their policies.
As a broker we work with numerous lenders all of which have their own practices and distinct loan agreement terms and conditions. Late or non-payment may result in default charges, fees and extra interest charges. You may also be required to pay further interest on the balance that is overdue. We encourage everyone to repay fully and on time and to fully read the conditions of lenders' policies. If you have any worries or concerns with regards to paying the loan back on time, then contact the lender directly and as soon as possible to explain your situation and they may be able to help you pay back in a manner that helps you and avoid any additional fees for late/non-payment.
Credit Checks and Potential Impact to Credit Score
We do not perform any credit checks but the lender you have been matched with may perform traditional credit checks from a major credit reporting bureau. It may affect your credit score if you do not repay this loan on time. Renewal Policy:- As with every loan, we encourage you to read the terms and conditions, and all relevant policies, prior to signing your loan agreement. You should always contact your lender directly, once your loan has been accepted, should you have any further questions or concerns. Our many lenders have varying renewal policies and terms and conditions. As a broker we are not involved with the decision to renew your loan. We work with numerous lenders all of whom have their own specific renewal policies. We encourage you to read the loan agreement terms and conditions specified by the lender we match you with carefully. Should you have any questions or if you need to renew your loan, please kindly contact the lender you are matched with directly.
Failure to pay back your loan may result in Collection Action. If you are having problems making a payment please contact the lender directly. If you default on your loan without getting in touch, the lender will endeavour to contact you by phone, email and SMS. As part of the collection process and in line with the terms of your loan agreement the lender is likely to utilise the Continuous Payment Authority to continue to attempt payment from your card up to 90 days past your due date. Should the situation remain unresolved the lender has the right to pass your details onto third party collection agencies. We strongly encourage everyone seeking a loan, to ensure that they have the means to pay back any agreed loan repayments in full and on time. As a broker we are not involved with the collection practices. If you are likely to miss or have any problems making a payment you should contact the lender you have been matched with directly to discuss your options. If you fail to resolve an issue with the lender directly then your account may be referred to a collections agency.
Borrow Cash Loan is a trading name of Malcolm Beverley [sole trader] 33a Cunliffe Street, Chorley, Lancs, PR7 2BA
Authorised and regulated by the Financial Conduct Authority. Interim permission number: 650478
Data Protection Number: ZA071661