Representative example: £400 borrowed for 90 days. Total amount repayable is £561.92 in 3 monthly instalments of £187.31. Interest charged is £161.92, interest rate 161.9% p.a. (variable). Representative 305.9% APR. A short term high cost loan should not be used as a long term solution. We are a broker not a lender. We don't charge fees. We don't sell your personal information.
Warning: Late repayments can cause you serious money problems. For help, go to moneyhelper.org.uk
At Cash Carrot we don't charge any fees when you apply for a short term loan with us.
Our service and all of the lenders we work with are secure. We won't share any of your personal information.
You could get your money quickly with Cash Carrot, apply online today to get started.
Representative example | |
---|---|
Loan amount | £400 |
Loan length | 90 days |
Monthly repayment | £187.31 |
Interest amount | £161.92 |
Total loan amount | £561.92 |
A short term loan is intended to cover expenses until your next payday. A lender will usually charge a fixed fee depending on the amount borrowed, and the loan is available until your next payday, regardless of when you apply.
To apply for a short term loan with Cash Carrot please visit our application page. You can apply 24 hours a day, 7 days a week with us. Your funds could also be deposited into your bank account on a weekend.
Yes you can. Please don't hesitate to apply, most of our lenders will still consider you with a less than perfect credit history.
We don't charge any fees for our service. You can get started today with your loan application.
Times will vary based on the lender you have agreed your loan with, and also the type of loan you are looking for. Usually applying for a short term loan takes between 15 and 30 minutes.
If you are unable to make your arranged repayment date then you must contact your loan provider directly as soon as possible so they can help amend you situation and help you get your payments back on track.
Getting in touch with your lender as soon as possible will give you the best opportunity to reschedule your loan repayments or discuss further potential options in further detail to avoid adverse action.
Lenders usually reserve the right to utilise the Continuous Payment Authority to continue to then attempt to take payment from your card up to 90 days past your due date. This is only done if it is in line with the terms of your agreement. Please check your own terms and conditions on your signed loan agreement for details.
You must be a UK resident living in the UK
You must be at least 18 years of age
You must have a valid UK bank account
You must have a valid UK address
You must be employed and receive a regular income
You must be able to repay the short term loan
Warning: Late repayments can cause you serious money problems. For help, go to moneyhelper.org.uk