Representative 2,986% APR
Amount of credit: £200.00
Duration: 28 days
Total amount payable in one installment: £260.00
Interest Rate: 360% p.a (fixed)
Representative 2986% APR
Would a loan from Cash Genie be right for you?
We offer short term, emergency loans. To find out more about whether our loans are suitable for you, click here.
We charge £30 for every £100 borrowed. Click here for more about the charges we apply.
If you are not able to pay back on the agreed payment date, it may be possible for you to extend the borrowing period, click here to know more.
We collect payment via continuous payment authority. For details of what this is and how it would apply to you, click here.
If you miss your payment, you will have to pay default charges. To find out more about the consequences of missing payments, click here.
We seek only to lend to those who can afford to pay back their loan. To find out more about our affordability requirements, click here.
- What are short term loans?
- Do you have a blog?
- How do I apply and how long will it take?
- How much can I borrow?
- Why is your APR so high?
- How soon can I receive the money?
- Will I need to send any documents in?
- Will I be credit checked?
- If I have bad credit can I still get a loan?
- Who can apply for a loan with you?
- What information do you require from me?
- Can I receive a loan if I am unemployed?
- Can I have my loan paid into someone else's account?
- When will I receive my loan? How can I check my loan status?
- I have another question that isn't here.
Our short term loans are designed to help you with any unexpected bills or emergencies. The loan is meant to be used for a short period of time to see you through until your next payday, typically, no more than 35 days. Using short term loans as a way of borrowing over a longer period is not recommended and may cost you more.
Yes. Our blog can be found at www.cashgenieblog.co.uk. The blog allows you to keep up to date with all the brilliant things Cash Genie does.
Just follow the "apply now" steps. Complete the online application and an initial decision will be made within 30 seconds. If you meet our initial criteria, your application will be processed and you will need to sign your loan agreement by logging in to your member area to allow us to process final checks. Once signed, your application will be processed and if accepted, you will be contacted by our agents to deposit your loan.
You can apply for a loan from £75 to £500.
APR stands for: 'Annual Percentage Rate'. Our loans are designed for a period of 28 days (one twelfth of a year). APR's are intended to enable people to compare loan products and are calculated on an annual basis. This means our APR can appear higher.
You will receive an SMS and/or email telling you that the funds have left our account; following this your funds will then appear in your bank account. Please note, the transfers vary in time length and are dependant upon which transfer you choose. You will be given the options of a FAST transfer and BACS transfer. Cash Genie charges £20 for the FAST transfer and this is debited from the amount that is deposited to you. BACS (BACS Payment Schemes Limited, originally Bankers’ Automated Clearing Services) is a United Kingdom scheme for the electronic processing of financial transactions. BACS transfer takes three to four clearing days. So you will receive the funds in your account after 3 to 4 working days.
Our repayment method is based on the Continuous Payment Authority as highlighted in the Terms and Conditions. When you agree to our Terms and Conditions, you authorise us to use your Debit Card details to collect the amount due including the charges.
You can also tell us at any time that you do not want us to use your Debit Card Details to collect payments under the agreement by calling us on 0845 4956 9848 or writing to us at Cash Genie, 2 Reavell Place, Ipswich, Suffolk, IP2 0ET. You also have the right to cancel the continuous payment authority or card issuer by telling them if you have stopped permission for the payment.
However, be aware that you will still be responsible for paying any money that you owe.
Normally documents are not required as we perform most of our checks automatically. However, if you fail any of our automatic checks for any reason, we will request the specific documents from you to assist us in making a decision. These requests will be made via sms or email. If you have any further questions on what is required then call us and we will be happy to assist.
Yes. We run credit checks to verify your application information and to help determine the amount you can borrow, we perform an independent affordability assessment.
We believe in responsible lending and make lending decisions on a case by case basis, therefore we may still be able to lend to you if you think you have bad credit. However, we perform an affordability assessment each time we provide a loan and we will only lend to you an amount which we think you will be able to repay without any difficulty
In order to apply for a loan you must meet our lending criteria:
- You must be 18 or over
- In permanent employment
- Earn at least £500 per month
- UK resident
- Have a current bank account with a debit card
The following information is needed: your name, date of birth, address, telephone numbers, email address, income amount, employment details and your bank and debit card information.
Unfortunately not. We are only able to offer loans to people in full-time permanent employment. You must also earn at least £500 per month. We cannot offer loans to anyone who is self employed, on jobseekers allowance or on long term sick leave.
Unfortunately not. We are only able to transfer funds into your own account. We are also able to transfer funds into joint accounts; however the customer must have their own debit card for the joint account.
In most cases, your application will be processed within 30 minutes from the time it successfully passes the initial checks & you sign your loan agreement. Approval will depend on satisfactory completion of fraud and other checks. Once your loan has been approved, one of our customer service agents will call you to deposit your loan.
Once you have completed a loan application, Cash Genie will send you updates via email & sms. You may also check your loan status online:
1. Log into your account using the Member Login at the top right of the screen.
2. You will be directed to ‘Your Loans’ page.
3. The top of this page will contain information on your current loan, including current loan status.
Please contact us. Our details can be found on our 'Contact Us Page'.