Finance Advice Made Easy – from Cash Advance Now!

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Cash advance loans are meant to help people in emergency situations, like when your car breaks down or you get an unexpected expensive electricity bill. CashAdvanceNow offer cash advance loans to assist people get back on their feet. We only lend responsibly and to those people who can afford to repay the loan back safely.

“Superb experience and rates. Flexible repayment options.” Tom, Manchester

What Are Cash Advance Loans?

Cash advance loans are precisely as they sound – their aim is to give you some extra cash to help you out prior to your next payday. Their uses are numerous, for example to pay for unexpected emergencies, a big bill that just landed or unplanned car repairs.

So what Are The Different Types Of Cash Advance Loans?

There are various types of cash advance loans on the loans market that may be suitable for you. Firstly there’s unsecured loans, where no collateral or assets are secured against them, These are paid back in full with interest the borrowers payday.

Other types of loan include secured loans (secured against an asset such as a house or vehicle),  guarantor loans (where a 3rd party will actually “guarantee” to pay back the interest on the loan you took out should you fall into arrears.

Last but not least there is personal loans (offered by banks and ranging from £1000 to £25,000). Personal loans are usually unsecured and often have a low APR with fixed interest rates.

What Type Of Cash Advance Payday Loans Do CashAdvanceNow offer?

Cashadvancenow offers cash advances which are usually repaid over three monthly instalments.

The APR on the 3 month loan product is 1265% which is indeed very competitive on the payday loan market and also very flexible as it can be repaid over a more affordable repayment plan. lesser repayments over longer periods of time could help to alleviate the financial worries typically associated with payday loans. What’s more is that the lender allows you to repay early at no extra cost – so you can just pay back the loan amount and the interest that applies up until that point in time.

So, can Anybody Get A Cash Advance Payday Loan?

As a responsible site, there are essential criteria you must meet before we can hook you up with our amazing loan providers.

  • You must be over 18 years old.
  • Are in employment – earning a minimum of £750 per month.
  • You Are a UK resident.

How Does The Application Process Work For Cash Advance Loans?

The application process involved when applying for cash advance payday loans is very simple and user-friendly to ensure that the process is as hassle free as possible. With our lenders, customers can borrow up to £1000 and repay over 3 monthly instalments.

All applications can be made online on desktop, mobile and tablet devices. All you need to apply is to be connected to the internet!.

What Checks Do Loan Providers Carry Out?

In line with responsible lending practices, they carry out various checks to assess your application to ensure you can truly afford your repayments. Not only do they carry out a credit check, but they will also undertake affordability checks to make sure they are only lending to those who can actually afford to pay it back.

 

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So How Can I Apply For A Cash Advance Loan?

Applying for a cash advance loan only takes approximately 5 minutes to complete. If your application is provisionally accepted and then passes the additionaly underwriting process, funds can be transferred to your bank account as fast as 1 hour!

What Are The FCA Regulations On Cash Advance Loans?

The FCA regulate all financial firms in the UK, and therefore have implemented a number of regulations across payday loans. In 2015, the FCA introduced a number of payday loan price cap regulations, ensuring that customers are protected from accumulating increased debt due to high percentage rates and fees. The three main changes that were put in place by the FCA include:

  • Maximum daily interest was reduced to 0.8% per day.
    • Default fees are capped at £15.
    • Maximum total cost of payday loans capped at 100% – meaning people will never pay double the amount that they borrow. We believe this is a good thing as rates over this are verging on scandalous.

What Is Responsible Lending?

Responsible lending is where cash advance loan lenders act in a customer’s best interest by ensuring affordability, transparency and support throughout the entire process. At Wizzcash, we are very committed to responsible lending, and have put a number of practices in place in order to keep in line with this. We are also an FCA approved company so you can be sure that your details are safe with us.

How Can An Online Cash Advance Loan Help Me?

There are a number of benefits when it comes to using a cash advance loan, including the quick and hassle-free application process, flexibility and helpfulness. There are a number of different reasons why people may use a cash advance payday loan, but they should only be used for financial emergencies.

Why Choose us For An Online Loan?

{If you’re looking to borrow fast from a lender that you can rely on, then turn to our. With many years of experience and as an FCA authorised lender, you can be sure that you are in the safest of hands when it comes to borrowing online from us. We ensure that all of your personal information is 100% confidential, and also ensure that we are totally transparent from start to finish. As a responsible, direct lender, we will match your needs to the loan that we believe that you can afford, and run a number of affordability checks in order to protect your finances.|With many years of experience and as an FCA authorised lender, you can be sure that you are in the safest of hands when it comes to borrowing online from us. As a responsible, direct lender, we will match your needs to the loan that we believe that you can afford, and run a number of affordability checks in order to protect your finances.}

How Will APR Affect My Cash Advance Loan?

{APR is a combination of the fees, charges and interest that is accumulated with a cash advance loan. There are a number of reasons as to why you should choose a cash advance loan, but it is important that you understand what all of the numbers mean during your application. This is why our online calculator provides you with all of the information that you need to make an informed decision. One of the reasons why people often turn to alternatives of cash advance payday loans is due to the high amounts of interest, but in some circumstances, people do not always have this option. APR will tell you how much you will owe at the end of your loan.|There are a number of reasons as to why you should choose a cash advance loan, but it is important that you understand what all of the numbers mean during your application. One of the reasons why people often turn to alternatives of cash advance payday loans is due to the high amounts of interest, but in some circumstances, people do not always have this option.}

Will Applying For A Cash Advance Payday Loan Affect My Credit Score then?

We understand that when people turn to cash advance payday loans, they are more than likely not going to have the perfect credit score. While a cash advance loan will only affect your credit score if you miss a repayment, when you apply it will leave a footprint on your credit history. This is not necessarily a negative thing as it is commonplace for credit companies to check during many service signups for example.

How Does The Application Process Work?

The  entire application is online and takes just a few minutes to complete. We ask you to fill in a number of details, and require that you do this honestly, and then we will fill out a number of checks. Once these are {complete|finished}, we will let you know whether you are provisionally accepted or not, and our underwriting team may get in touch to discuss a few details with you.

If your application is not successful, we will pass on your details to an alternative loan provider that may be able to find you a suitable substitute loan although your debit card details will not be passed on. Simply, choose how much you want to borrow, fill in our application, we will verify your cash advance payday loan, cash will be transferred to your bank once approved and the repayments will be made automatically via continuous payment authority.

Apply for a cash advance loan online through our providers today!

 

JUST CLICK HERE

 

Warning: Late repayment can cause you serious money problems. For help, go to the money advice service