CashCompare

CashCompare is an online credit broker based in the UK that helps users compare personal and cash loans from a panel of lenders. The service allows customers to search for loans ranging from £100 to £5000, with options organised by loan type, amount, term, and purpose, including short-term, instalment, bad credit, and emergency loans.

The website states that CashCompare works with a large panel of lenders and loan providers who offer quick-decision online loans. Their matching service searches for a lender that fits your needs and provides a no-obligation quote after you fill out a simple online form with accurate details.

CashCompare offers loans with a minimum repayment period of 90 days and a maximum repayment period of 60 months. The representative APR example is 49.9%, while actual rates from lenders range from 45.3% to 1575% APR.

The company is a trading style of Kassel Media Ltd, registered at 2A Osterley Mansions, Thornbury Road, Isleworth, Greater London, England, TW7 4LJ. They are authorised and regulated by the Financial Conduct Authority with reference number 922324.

CashCompare claims to simplify financial services to make them accessible to everyone irrespective of their credit score. They state that their diverse group of advisers shares the goal of guiding applicants through financial complexities with simplicity and transparency.

The website notes that lenders will complete a soft search when assessing eligibility, but a hard credit search will be performed if the applicant accepts a lender's loan offer. CashCompare itself will not perform a credit check.

CashCompare does not charge any fees for using their website or services. However, they may receive a percentage of the loan amount as a commission from the lender or broker if the applicant takes out one of their products.

Once a loan is approved, the cash could be sent within 1 hour, though the time to receive funds depends on the applicant's bank policies and procedures. The loan repayments may vary from lender to lender.

The website mentions that not all lending partners can offer a loan amount of up to £5000 and not all applicants will be approved for the requested loan amounts. This means availability depends on the specific lender and the applicant's circumstances.

CashCompare links its goals with actuality by providing support and advice to help individuals make informed financial decisions when looking to renovate their home or service their car with an unsecured credit.

The company states that they may receive a fee for introducing applicants to lenders, in addition to receiving a percentage of the loan amount as a commission. This dual revenue model is part of their business structure.

CashCompare provides a representative example where £1000 borrowed for 12 months results in a total amount repayable of £1357 in 12 monthly instalments of £113.08. The interest charged is £357, and the interest rate is 49.9% pa (fixed).

The website warns that late repayment can cause serious money problems and directs users to moneyhelper.org.uk for help. They also note that the loan repayments may vary from lender to lender.

You can reach CashCompare by phone at contact@cashcompare.co.uk or by e-mail at contact@cashcompare.co.uk.

The official website of CashCompare is cashcompare.co.uk.