Cash Loan

Cash loans, otherwise known as Payday loans, are short term loans designed for people in employment who require access to immediate funds. Loan amounts are low, typically between £50 and £500 and repayment is required on the borrower's next payday, although options are usually available to defer payment until a subsequent payday.

To be eligible to apply for a cash Loan, the borrower must be in employment and possess a bank account with a cheque book. A poor credit rating or debt history is not a usually a problem initially.