Cash Reserve UK

About us

All of our associated lenders are required to have a Responsible Lending Policy in place in order to protect the consumers. Some of these lenders belong to the BCCA, which means that they must abide by a strict code of practice. Others are members of the Consumer Finance Association. Either way, these lenders have specific operational and ethical guidelines in which they must operate. Prior to accepting any loan, be sure to check the responsible lending codes of practice for that lender.

• Most lenders will not allow a borrower to receive more than 30% of their net income each month. So if your application was denied, then perhaps try again for a lower amount.
• Be sure that the loan site that you use has an application that is secure such as SSL technology.
• It is important that you fully comprehend the APR that the lender is offering prior to accepting a loan.
• Be sure that the loan site that you use has an application that is secure such as SSL technology.
• It is important that you fully comprehend the APR that the lender is offering prior to accepting a loan.
• Be sure that you are able to pay back your loan. Never borrow more than you can afford to pay back. If you believe you will miss your payment, then you must contact your lender immediately in order to come to an appropriate solution.

What lenders do not do

• Lenders do not offer funds to people whom they believe will be unable to repay their loans.
• Lenders do not target those that have current debt issues.

Implications of a non-payment

• It's important to talk to your lenders so that they can help you as best they can.
• Never borrow money that you do not believe you will be able to repay.
• All non-payments will result in the lender contacting the Credit Reference Agencies, which often times can have a negative impact on future credit ratings. If you believe you will miss a payment, it is imperative that you reach out to your lender and explain your situation by going to the contact us page on the lender's website, or contact us. And we will return the details for you. Some lenders may charge a missed payment/late fee of up to £15.
• Every lender has their own individual policy regarding non-payment or late payments. Please refer to their website for details.