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Cash Advance

cash advance

Pixie Loans has been working in the loan industry as an FCA registered broker for a number of years.  Throughout this time, we have successfully brought together lenders and borrowers in finding suitable cash advance loans.

If you’re interested in borrowing a loan for either home improvements or a holiday, we are the ones who can help you with getting the cash advance loan.

What is a cash advance loan?

Sometimes when you run short of money in an emergency, a quick loan is what can help you. But what do you need? A cash advance loan is all that you need here!

A cash advance can be either a payday loan or unsecured loan, that you apply to borrow on an urgent basis. It may incur higher cash advance rates because the loan is processed as a priority. We at Pixie Loans promise to find you the best rate, based on what you borrow and the repayment period.

Pixie Loans has a long list of lenders and helped thousands of customers, since we started helping people find loans.  Each month, the total amount we are being asked to find loans for is £11 million. That is a lot of individuals, trusting us to match them with a lender who’ll consider their application.

Representative 546.1% APR. Representative example: £200 repaid over 3 monthly instalments of £134.76. Total charge for credit £404.27. Interest £204.27. Interest rate 546.1% (fixed)

What rates do the lenders offer?

cash advance rates

The average cash advance rate applied on quick loans in the UK, depends on how much you want to borrow. Moreover, the rate varies from lender to lender. Some lenders will charge less on bigger loans, whereas smaller loans, such as payday loans, may have a higher APR rate.

Once your loan is approved, your lender will show you the APR and repayments before you sign the agreement. The APR rates are the annual interest that you need to pay on your loan amount.

Pixie Loans has an average fixed percentage RAPR of 546.1%, with our lenders APR starting less than 49.9% and going up to 1575%. It is important to know the APR rates, and cash advance rates, before you agree to the loan offered by the lender? 

Yes, it is!

Lenders will run a background check on the application, which may include your credit score, social media score or open banking information, and calculate the cash advance rates. They will only offer you the loan at the APR they show if you can afford the repayments. 

If you are not sure what your repayment will be on a loan, try our LOAN CALCULATOR.

Can I get a cash advance loan with a bad credit history?

For any loan amount, lenders will always look at your credit history; in some cases if your loan amount is over £1,000 they may ask you for a guarantor for the loan.  This can be anyone, your family, friend or employer.

Before you apply for a loan, always check that you can afford the repayments.  Anyone, including those with a poor credit score, should calculate cash advance rates beforehand and find out if you can afford to repay the loan.

We also recommend that you check your identity is safe, as this can affect your credit score.  Finding and using a regular fraud service with help with this. Let Pixie Loans guide you through the way so that attaining a loan is more of a help than a burden for you!

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Representative 225% APR. Representative example: £400 repaid over 3 monthly instalments of £186.18. Total charge for credit £558.55. Interest £158.55. Interest rate 255% (fixed) APR rates range from 45.3% APR to 1575% Max APR. Your APR rate will be based on your circumstances.

Pixieloans.co.uk is a trading style of Maxed Up Media Ltd. Company registered address: Maxed Up Media Ltd, Adamson House, Towers Business Park, Wilmslow Road, MANCHESTER, M20 2YY. (Company number 07162006). Maxed Up Media is an appointed representative of Serpable Ltd and regulated by the Financial Conduct Authority under reference 848096. (Serpable Ltd is authorised and regulated by the Financial Conduct Authority under reference number 799104)

* Loans can be paid into your bank account in less than one hour if the lender that has offered you a loan provides this service. In some instances, it can take up to 5 working days for a loan to be in your bank account. The lender will inform you when to expect the funds into your bank account.

† FREE TRIAL : UKCreditRatings offer a 14-day trial to their service. If you choose not to cancel within the trial period, you will incur the monthly subscription fee of £19.95 until you cancel the account.

IF YOU ARE THINKING OF CONSOLIDATING EXISTING BORROWING YOU SHOULD BE AWARE THAT YOU MAY BE EXTENDING THE TERMS OF THE DEBT AND INCREASING THE TOTAL AMOUNT YOU REPAY.

Credit is available to 18 years and over. All loans are subject to status. A short-term, payday loan should be used for short-term financial needs only, not as a long-term financial solution. Never borrow an amount that cannot be repaid on your next pay period date. Missing repayments may have a negative effect on your credit rating and make it more difficult for you to obtain credit in the future.

The operator of this website is not a lender or short term loan provider and does not make loan or credit decisions. We are a credit broker, providing loan matching services and help connect consumers interested in obtaining short-term payday loans, installment loans, guarantor loans and secured loans in amounts between £100 and £5,000 with participating lenders or brokers in our network.

We do not charge you any fees to use our websites, services or products. Any commission received by us is paid by participating lenders or brokers if you choose one of their products or for referring you to them.

If you are matched with a participating lender or broker, you may be charged a fee directly by the participating lender or broker. Please be sure to read their terms and conditions before proceeding with any loan arrangement.

We work exclusively with a selected group of lenders and brokers to offer you a range of credit and loan products. We may receive a percentage of the loan amount as a commission from a loan provider or broker if you take out one of their products and/or we may receive a fee for introducing you to them.

You can request details of these commissions or fees, by emailing us. We will then provide you with the precise amount of the commission or fee or, where that amount is not known, the likely amount. Please note that the lender or broker we direct you to may not offer the cheapest loan that is available to meet your needs.

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