Frequently Asked Questions

A short-term loan is credit that is usually repaid over a relatively brief period. It can be expensive and is generally intended for temporary borrowing needs, not as a long-term answer to ongoing money problems.

No. Clear Cash Loans is a credit broker, not a lender. We can pass your application to participating lenders, but we do not approve credit, set your rate or transfer funds.

Clear Cash does not charge applicants a broker fee for using its loan-matching service. A lender may charge interest and other amounts described in its credit agreement, which you should review carefully before accepting.

Credit-search arrangements have not yet been confirmed for this service. Before continuing, you should be told what type of search may be carried out and how it may affect your credit file.

The current application journey allows requests between £100 and £5,000. The amount a lender may offer depends on its criteria, its affordability assessment and your circumstances. You may be offered less than you request or no loan at all.

Timing varies by lender, the checks it needs to complete and your bank. If a lender approves your application and you accept, it should explain the expected transfer timing. Clear Cash does not transfer the funds.

You may apply, but acceptance is not guaranteed. Each lender uses its own eligibility, creditworthiness and affordability criteria. Previous credit difficulties may affect whether you receive an offer and the terms available.

Contact your lender as soon as possible. Missing a repayment may lead to additional consequences and could affect your credit file. Free support is also available from MoneyHelper, StepChange and National Debtline.