£100 Loans

Who is CashLady?

CashLady is a credit broker. Here are five reasons why you might want to consider CashLady to help you search for a £100 loan:

1. CashLady works with a panel of over 30 UK-based direct lenders.

2. We only work with lenders who are authorised and regulated by the Financial Conduct Authority (FCA).

3. Our credit broking service is free to use.

4. We use soft search technology to search for a loan. A soft search will not have any impact on your credit file.*

5. If approved for a £100 loan, your money could be sent the same day.**

*If you’re matched with a loan through a search with CashLady and you’d like to make a full application, the direct lender will complete a creditworthiness assessment. This will include a hard search or Open Banking. Please be aware that a hard search will remain on your credit file for up to 12 months, and multiple hard searches in a short space of time will damage your credit score.

**Every lender has their own payout timescales. The time it takes for the money to clear in your account will depend on your bank’s policies and procedures.

How much will a £100 loan cost?

Before you search for a £100 loan, it’s crucial to understand that you won’t just pay back the money you’ve borrowed – you’ll also pay interest. This will be included in your monthly repayments, which must be repaid on time and in full for the duration of your loan term.

The interest rate attached to your loan will be decided by the lender, and they will base this on various factors, including your credit score.
Generally, the better your credit score, the lower the interest rate and the overall cost of the loan.

£100 loans for bad credit

You could still get a £100 loan, even if you have bad credit.
CashLady works with several lenders who are open to considering applications from people with bad credit.
While you could be eligible for a £100 bad credit loan, you should take a step back before you make an application. A £100 loan for people with bad credit could come with a higher rate of interest, which will directly affect the overall cost of borrowing, as well as your monthly repayments.

Could I get a £100 payday loan?

You could – but not with CashLady. None of the lenders on the CashLady panel offers payday loans.
Following guidelines set by the FCA in 2015, payday loans aren’t as easy to come by nowadays. Many people prefer the opportunity to spread the cost of borrowing with a short-term loan instead.

What sort of repayment terms are available for a short-term £100 loan?

With CashLady, you can search for a short-term £100 loan with a repayment term of either 3, 6, or 12 months.

How can I search for a £100 loan with CashLady?

Searching for a £100 loan with CashLady is straightforward, and our online form can be completed in around 5 minutes at any time of the day or night, 7 days a week.
Before you fill out our form, you’ll just need to make sure that you match our eligibility criteria.
You must:

£100 loans: the CashLady journey

Step one: select a repayment term for your £100 loan and fill out our online form.

Step two: we’ll be back with you in just 60 seconds, once we’ve completed a soft credit check and searched our panel for a suitable £100 loan.

Step three: if we’ve been able to find you a £100 loan, you will be redirected to the lender’s website. If you’d like to make a full application for the loan, the lender will carry out a creditworthiness assessment, which will include a hard search or Open Banking.

Step four: if you pass the lender’s checks, you’ll be formally offered the £100 loan and will be told when you can expect to receive the money.

Step five: at some point during the lender’s process, you’ll be sent a credit agreement, which will contain the full details of your £100 loan, such as the interest rate and your repayment schedule. If you’re happy with the terms and conditions, you can sign the agreement and return it to the lender.

When will my £100 loan be sent to my bank account?

Payout timescales vary between lenders; however, some of the lenders on the CashLady panel could send your £100 loan on the same day your application is approved. Please note that this doesn’t automatically mean that the money will be in your account straight away; the time it takes for the funds to become available will depend on your bank’s policies and procedures.

What to do if you can’t afford to make a £100 loan repayment

If you’re concerned about an upcoming repayment on your £100 loan, please speak to your lender.
The sooner they’re made aware of your current financial situation, the sooner they can help. Your lender will discuss any options that could help you navigate the situation and help you plan your next steps.

Worried about money or debt?

Don’t suffer in silence. Money and debt concerns are sadly very common, and they’re nothing to be ashamed of.
Below, we’ve listed several UK organisations and charities that offer free, impartial money and debt management advice.