Warning: Late repayments can cause you serious money problems. For help, go to moneyhelper.org.uk. We are a broker not a lender.
Cash Carrot
Outstanding in our field
Apply for a short term loan up to £5,000*
Quick approval
No paperwork
Secure UK lenders
Representative example: if you borrow £550 over 18 months at a flat rate of 180% per annum (fixed) with a representative 770% APR you will make 18 monthly payments of £113.06, repaying £2,035.08 in total. Rates from 45.3% APR to 1721% 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. We may receive a commission from lenders when you take out a loan through us. The amount we're paid may vary depending on the lender and the product. You can ask us for more information about the commission we receive.
Cash Carrot
Short term loans up to £5,000*
Find out how easy it is to get started with your loan application.
Apply online
Apply online using our short term loan application form.
Select loan amount
Choose the amount of cash that you'd like to borrow and fill out a few details.
Receive cash
Receive your cash into your bank account within minutes of approval.
Apply for a short term loan today and receive a quick decision
Apply nowWarning: Late repayments can cause you serious money problems. For help, go to moneyhelper.org.uk. We are a broker not a lender.
Cash Carrot
Reasons to choose us
We don't charge fees
At Cash Carrot we don't charge any fees when you apply for a short term loan with us.
Secure UK lenders
Our service and all of the lenders we work with are secure. We won't share any of your personal information.
Quick approval
You could get your money quickly with Cash Carrot, apply online today to get started.
Our charges
An example of our short term loan rates
| Loan example | |
|---|---|
| Loan amount | £550 |
| Loan length | 18 months |
| Monthly repayment | £113.06 |
| Total loan amount | £2,035.08 |
FAQs
View some of our frequently asked questions
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, most of our lenders will work with people who don't have perfect credit. Most of our customers are people who can't get regular loans from a bank. The lenders we deal with tend to have higher APR than the general mainstream banks, however when you take a loan you can't be charged more than 0.8% per day in line with the FCA rules, so the quicker you pay off your loan the less interest it will cost you.
If we are unable to find you a loan you should not be offended as this means that the lenders are acting responsibly and it may be that you need to take alternative steps to address your current financial situation.
If you are in any doubt as to whether a loan is suitable for you, you should contact the Citizens Advice Bureau or Money Helper - free, impartial advice services which can help and support you.
We do not charge any fees. There are no hidden costs for our customers. The commission we earn for connecting you to a lender has no impact on your loan. According to Financial Conduct Authority (FCA) standards, all loan fees should be clearly displayed on the website of the financial product to which we send you. Before determining whether to take out a loan, make sure you've read everything on their website.
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.
Cash Carrot
Collection practices
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.
Checklist
Application requirements
UK resident
You must be a UK resident living in the UK
Over 18
You must be at least 18 years of age
UK bank account
You must have a valid UK bank account
Valid address
You must have a valid UK address
Regular income
You must be employed and receive a regular income
Can repay
You must be able to repay the short term loan
