– a lender who quote an APR is equal to or exceeds 100%
– provided the credit for a period of a maximum of 12 months and repayments of the loan is to be made within a maximum of 12 months of the date on which the credit is advanced.
– a high-cost short-term lender must not charge alone or in combination with any other charge under the agreement a payment exceeding or are capable of exceeding 0.8% of the amount of credit provided under the agreement calculated per day from the date which the borrower receives the credit
– excluded lenders are those whom offer their products as either:
i) a home credit loan agreement (home collected credit); or
ii) a bill of sale loan agreement (a logbook loan)
Need something else? Visit our Support Centre. If you need to write to Olympic Cash this is our postal address: 1st Floor, 2 Woodberry Grove, Finchley, London, N12 0DR.
As a broker Olympic Cash receives a commission from the provider which we refer our customers on to. We use a unique algorithm to match your requirements to our recommended lenders which takes into account the details noted in the application. The commission paid to us is not included in the product sold to you. Olympic Cash will never charge customers a fee for our service.
Olympic Cash nor our partners will ever contact you or request money from you in advance of receiving your agreed short term loan. See our fraud prevention guidance for details on dealing with cold callers.