Handy Cash Reviews, Loan Calculator and Complaints

(15 customer reviews)

Average Customer Rating

Is this you?

Acceptance Criteria

You may not need to provide any documents, they will let you know when they receive your application
You do not need to have a good credit history
You must be 18 years of age or older to apply
You must be working full-time earning at least £750 per month which must be paid into your bank account

You do not need to have been a UK resident for any specified length of time
You need to have a bank account that your wages are paid into and a Debit card attached to the account
Must be in full time employment earning over £750 a month

Loan Details

Representative APR

1355%

Loan Amount

£100 - £750

Repayment Period

Minimum Term 10 days

Existing customers up to £750 - 41 days

Repayment Method

Deducted from your debit card

Speed To Payout

Same day transfer (£10.00 charge)

3 working days otherwise

Arrangement Fee

No Fee

Payment Holidays

None Available

Payout Method

Transferred into your bank account

Income Protection Available

No

Average Customer Review

(15 customer reviews)

Loanfinder Ranking

280th for APR of 423 loans in the UK (See Lender League Table By APR)
138th for Customer Satisfaction (See Customer Reviews)

About Handy Cash

Handy Cash will lend you between £100 and £750. You can defer the loan for up to one month although you will incur interest during this time. For a £100 loan over 1 month, you will pay back £125, so do not be put off by the really high APR.

You can apply online with Handy Cash or over the phone. If you apply online, you will need to complete the application form on their website. Once you have completed your application form, they will send you an email and a text message confirming they have received it. Follow the link in the email and input the 8 digit code from the text in their website. This will give you access to your electronic loan agreement which you will need to sign. You may need to provide them with some extra documentation. A £10 fee is charged if you want a same day payout otherwise it will take 3- 5 working days.

The APR is high, although not as high as some payday loans. As with most payday lenders you will need to make sure you can make the payment when you say you can or you will incur a lot of charges. Deferring the first month is an available option, which means that you pay interest only for the first month then the rest of the loan rolls over to next month. This does mean you will pay more in interest over the length of the loan.

Please be aware that Handy Cash acts as a lender but also acts as an affiliate. This means that when you complete your application form, they will tell you if they are able to offer you a loan. If they aren't, they may recommend another company to you. Do not feel as if you have to apply with the suggested company as this may further impact your credit file.