£100 Loans

Can I borrow £100 with bad credit?

If you have bad credit, or have been turned down for credit before, it is reasonable to think that you may not be able to apply for a loan, even for just £100.

However, there are companies who specialise in providing loans to people with bad credit, some of whom make up part of our panel of lenders. When you start an application with CashLady it will not have any effect on your credit score as we will match you with the lender most likely to approve your loan request.

This gives you the confidence to apply without fear of further damaging your score. After this stage, if you are matched with a lender and wish to proceed, they will carry out additional credit checks that could have an impact on your score.

How likely am I to get approved for the money?

That depends entirely on your individual situation. CashLady gives you the chance to search for a lender who may be able to offer a £100 loan without undergoing a hard credit check. If you proceed with the application, the lender will look at your current financial circumstances and previous management of credit to help them reach a decision.

How long do I have to repay?

Options available to repay a £100 loan vary, with 3, 6 or 12 month repayment plans available via our panel of lenders. Rather than asking you to repay the loan with your next pay packet, this allows you to plan and budget your repayments more easily, making it more manageable.

How much interest will I pay on a £100 loan?

The amount of interest added to your £100 loan will be decided by the lender, depending on your credit history and other factors included in their decision-making process.

Different rates of interest are applied by each lender and if you are offered a loan, before accepting you should ensure you can afford to repay the full amount, including the interest.

The maximum amount of interest you can be charged per day is 0.8%, a legal limit set by the Financial Conduct Authority (FCA).

How long will it take to receive £100 in my account?

In most cases you could be sent the money the same day, sometimes within the hour, depending on the lender*. Most lenders do have a cut-off time each day, so as long as the loan is submitted and approved before this, the funds should be sent to your account the same day.

How do I apply for a £100 loan?

Starting your application is easy. All you have to do is complete our online form which will ask for some basic information about who you are and your current financial situation.

Once received we’ll process your application and if we can find a good match we’ll connect you with a lender within a few minutes. This has no impact on your credit score at all, and you can then decide if you want to proceed directly with the lender.

In order to be eligible to make an application you must: