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How do payday loans work? | Olympic Cash

How it Works

Applying for a loan with Olympic Cash is easy. Tell us how much you need to borrow and over how long and then fill in the online application form. If you have been successful you will then be forwarded to the lender which best meets your needs in order to finish off the loan process.

Olympic Cash is a web based loan broker. We work under the authority of the Financial Conduct Authority (FCA) and we are registered with the Information Commissioner’s Office for data protection.

Olympic Cash will work with you to find the best deal which meets your individual circumstances. We will never encourages anyone to apply for a loan if they have bad credit or other outstanding debts. Our process is simple and clear and there are no hidden fees.

Olympic Cash makes applying for a short term loan quick and simple. Applications are made online at any time of day and as you are over 18 years of age, have a UK bank account and have an income go into your UK account you can apply for an Olympic Cash loan.

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7 days

You pay back:     £352.80
Total loan cost: £72.80*

NOTE: Olympic Cash is NOT a lender. Olympic Cash is a credit broker who refer clients to an external credit broker who has established relationships with over 40 sub-prime lenders. They compare your details with these lenders and their product, and quickly match your needs with the most suitable product for you.

Warning: Late repayment can cause you serious money problems. For help and advice go to moneyadviceservice.org.uk

We guarantee to keep your personal information secure when you apply using our application process. Data protection registration: ZA007304

We do also offer alternative solutions other than the short term 30 day loan. Our unrivalled links with the best UK lenders mean we can find you the best deals currently available.

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.

Instant cash loans from £80 to £750

Get an instant decision online and payment direct into your account.

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Consumer Advisory: Olympic Cash is a loan matching service. We forward on the details to provide to a third party lender. If approved further information may be required which will be requested once you have been transferred to the lender’s website.

Olympic Cash is not a direct lender we are a payday broker!

Loan terms, conditions and policies vary by lender and depend upon customer circumstances. Late or missed loan payments may be subject to increased fees and interest rates. Loan repayment periods vary by lender also. Lenders may use collection services for non-payment of loans.

Not all borrowers will qualify for a loan. Olympic Cash does not engage in any direct consumer lending, we simply provide a FREE loan matching service to the public.

Representative 1192% APR

Representative Example: 1192% APR variable. £100 borrowed over 30 days would equal total borrowing of £124.00. Actual Interest is 24%.

Note: the APR you pay may differ depending on the lender that accepts you.

Olympic Cash is a trading style of Atlantic Square Limited registered in England and Wales, company registration number SC182075. Atlantic Square is authorised and regulated by the Financial Conduct Authority, reference number 659330. Registered Office Address: Atlantic Square Limited, Homelea House, Quarriers Village, Bridge of Weir, Renfrewshire, PA11 3XS.

*Fund transfer times may vary based on the matched UK money lender, time of day applied and your bank.