Bank loans

Attempting to apply for a bank loan can be a long arduous process; you have to meet the bank manager, sort our paperwork, fax documents, phone around for the best deal and waiting around to get the money. Cash Genie offers a relaxing alternative to a bank loan, simply sit at home with a cup of tea and go through our application process with ease! If you need a short term loan and fast cash then Cash Genie is the lender for you, a new way to borrow money until payday.

Why is your service better than a bank loan?

Bank loan applications tend to be longer as they want to make sure they receive their money back at the end of the month; they want to know what the loan is for, how you are going to pay it back and give you loads of paperwork to fill out. Our service is on a short term basis. Because we only lend out money for a maximum of 30 days customers use our service to get a little extra money to tie them over until payday, whether it is for an unexpected emergency or to treat yourself we do not want to know what it is for...unless you want to have a chat and tell us! Providing we know you will pay it back on your payday then we can lend you a short term loan.

Also we do not do a credit check; this is because we want to help you improve your credit rating to enable you to apply for more fast cash or a new credit card.

But a bank loan offers a low APR

Bank loans are popular because they offer low interest rates at a low APR. But because of their checks, not everyone will be able to apply for one. Bank managers also want to lend you as much as money as possible over a long period of time with a few hidden charges. Our service is in short term loans and lets you choose exactly how much money you want, with our charges being presented to you before the application. It is all on our home page; it does not get more transparent than that!

We understand that our APR is higher than a banks, however it is because our we loan our money on a short term basis. Check out our APR page , which explains how the charges are laid out and the calculations we have to make.

Bank loan vs Cash Genie short term loan

Our service acts as an alternative to bank loans, however we do not encourage customers to use our service in the long term. It is almost like saying Bank loan = long term, Cash Genie = short term. Obviously banks will say their loans are better, but Cash Genie is a transparent company who offers you a convenient service with an easy application process. Not only that but you can receive the cash the same day.