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Short Term Loan Eligibility

15th May 2019

Every direct lender will have requirements that a person must meet before they can apply and be accepted for a loan. These criteria are set by the lender to ensure they are likely to be repaid and to help protect you from financial difficulty. Checking eligibility is vital before applying for a short term loan with cashasap.co.uk, or with any lender, to maximise your chances of being accepted.

Read more to learn about how eligibility works, why it’s important to have it in place, as well as why it’s important for you to check it, and what our short term loan eligibility requirements are at cashasap.co.uk.

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

How much would you like to borrow:

£100
£400

How long do you need the money for?

1 day
35 days
Your repayment date is:
Total amount to be repaid:
£ 363.97
Annual percentage rate:
2573 % APR

Representative Example: £175 loan for 19 days at a fixed interest rate of 290% pa. Total amount payable is £201.42 in one single repayment. This is based on the amount of credit plus interest, no other fees apply. Representative 1390% APR

Representative Example: £250 loan for 3 months at a fixed interest rate of 290% pa. Total amount payable is £359.01 in three monthly repayments of £119.67. This is based on the amount of credit plus interest, no other fees apply. Representative 1238% APR


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