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

Same Day Loans

Apply for a loan with CashLady and if approved, you could receive the money in your account the same day*

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CashLady Representative 79.5% APR

Quick, discreet, online loan applications

Secure your loan online in just 2 minutes

No fees, no hassle, no problem.

Choosing CashLady.com means your short-term loan application will seen by more direct lenders to improve your success rate.

If you’re thinking about applying for a same-day loan, you may find it useful to ask yourself some important questions first. In this article, CashLady explores some of the most commonly asked questions you might have about same day loans.

Calendar showing dates

What is a same-day loan?

Loan products such as these may often be advertised as payday loans, small loans, emergency loans or short-term loans.

These financial products usually have three features in common:

  • the amount of money borrowed usually does not exceed £1,000;
  • the repayment term is typically between 3 and 12 months; and
  • the cost of the credit is higher than mainstream loan options.

Same-day loans are often used by people who need a financial solution when the unexpected happens; for example, the washing machine breaks down at an inconvenient time or you need to pay for an emergency vet’s bill.

While we understand that these are situations where you may need to access money quickly, it’s always important to stop and think before applying for a loan. Can you wait until payday? Perhaps friends or family could help?

It’s always essential to do thorough research so you’re aware of all the options that are open to you.

What should I think about when considering a same-day loan?

In many instances, people apply for a same-day loan when they need money in an unexpected emergency. However, you should always step back and take your time to decide whether this is the right option for you.

Ask yourself: will I be able to make my repayments each month? Will this affect my other essential outgoings, such as my rent or mortgage?

A loan is a serious financial commitment and requires careful consideration beforehand.

How can I search for a same-day loan?

There could be multiple options open to someone looking to apply for a loan. You might choose to apply directly with a lender online, or at your local branch of a high street bank.

If you’re looking for a same-day loan, CashLady may be able to help you search. We’re a credit broker, not a lender. When you fill in our online form, we share your details with a panel of lenders to try and match you with a suitable loan for your circumstances; this could be a more convenient option. You can search for a loan with CashLady at a time and a place that suits you.

Can I get a same-day loan without undergoing a credit check?

CashLady only work with lenders authorised and regulated by the Financial Conduct Authority (FCA). A responsible lender will always want to be sure that any loan offer made to you is affordable and suitable for your circumstances, and they do this by conducting a hard credit check as part of the full application process. This helps the lender understand your credit history and whether you are able to repay the loan on time and in full.

To check if a lender or credit broker is authorised, you can search the Financial Services Register.

Can I search for a same day loan if I have bad credit?

Perhaps you’ve arrived at this page while searching the internet for ‘loans with bad credit’. Perhaps you have missed payments in the past and are worried that this may have damaged your chance of accessing credit when you need it.

CashLady work with a number of lenders who are happy to consider applications from people with a less than perfect credit history; however, you should be aware that if you have a poor credit score this could mean that you have limited options when searching for credit and financial products. If you are offered a loan, it could be at a higher interest rate, or you may be offered a more manageable loan amount.

How can I search for a loan?

You can search for a loan at CashLady by completing our online form here. If we are able to match you with a lender and you go on to make a full application, you could receive your loan on the same day your application is approved. How quickly the loan will be available in your bank account depends on your bank’s procedures, such as if they accept Faster Payments.

How does the CashLady process work?

We’ve broken the process down into five straightforward steps:

  • Decide how much money you need to borrow to cover your unexpected emergency, and how long you would like to repay. CashLady search for loans between £100 and £10,000 with repayment terms between 3 and 60 months, depending on the amount you apply to borrow.
  • Complete our online form. We’ll ask you for some personal details, such as your employment status, your income, and your outgoings.
  • CashLady will search for a suitable loan. Depending on your circumstances, we may not be able to match you with a lender. If this is the case, we may show you other options that might be of interest, such as a credit monitoring service. Some services may charge a monthly fee; you are, of course, not obliged to use these services.
  • If we are able to match you with a lender you’ll be directed to the lender’s website where you’ll be shown the details of your loan offer.
  • If you feel that the offer suits your needs and circumstances you might decide to make a full application with the lender. This will involve a hard credit search, which will be visible on your credit file and will affect your credit score.

If accepted, how soon can I receive a same-day loan?

If you’ve decided that searching for a same-day loan is the right choice for you, you should be aware that the time it takes to apply for a loan and receive a decision could vary. Some lenders are able to send your loan the same day your application is approved; however, the time it takes for the money to appear as available in your bank account depends on your bank’s policies and procedures, such as if they accept Faster Payments. If you apply on a weekend or bank holiday your loan could be processed on the next working day.

What if I'm not approved for a same-day, short-term loan?

There could be several reasons why your loan application is unsuccessful. Lenders will take a good look at your circumstances and your credit report before making a decision whether to lend to you or not. They will be looking to make sure you meet their eligibility criteria and will also want to be sure that a loan is affordable for you.

I’m having trouble managing my finances; where can I turn to for help?

CashLady are proud to have teamed up with StepChange, a UK debt charity, to provide a free Money Health Check quiz. The answers you provide are confidential and will signpost you to where to go next for help and advice.

CashLady Representative 79.5% APR

Representative Example

Amount of credit:
£1000 for 12 months
at £123.40 per month
Total amount repayable of £1,480.77
Interest: £480.77
Interest rate: 79.5% pa (fixed)
79.5% APR Representative

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

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How much do you want to borrow? Representative 79.5% APR

CashLady Representative 79.5% APR