Figures shown are for Quick Cash and update automatically when our published rates change. Your own offer depends on the amount, the term and our assessment.
Quick Cash is a small, short-term loan for a cost that cannot wait. It is the most expensive way to borrow from us, and we would rather say so directly than bury it.
Use it for a gap, not a shortfall
Short-term credit works when there is a defined end: a repair before payday, a bill that arrived between income dates. It works badly as a way to cover a monthly shortfall, because the shortfall recurs and the borrowing compounds.
If you find yourself considering short-term credit repeatedly, a longer personal loan at a lower rate is usually cheaper, and speaking to a free debt advice service may help more than either.
What it costs
The rate is higher than our longer-term products, which is the trade-off for a small sum over a short period. The total repayable is shown before you commit — check it against the amount you need and decide whether it is genuinely worth it.
Before you apply
Consider whether the cost can be deferred, whether a payment plan with the original creditor is possible, and whether a smaller amount would do. Borrowing less is always cheaper than borrowing more.
Common questions
Why is the rate higher?
Smaller sums over shorter periods cost more to administer relative to the amount lent. If you can borrow over a longer term instead, it will usually cost less overall.
Can I extend it?
Talk to us before the due date rather than after. Rolling short-term credit forward repeatedly is how it becomes expensive.
