Cashbox
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Why choose Cash Box for a loan?

1. We are a community-based organisation providing secure savings and low interest loans for its members.

2. We provide free insurance on our loans.

3. Interest is fixed for the period of the loan.

4. There are no early settlement penalties if you are able to pay your loan off sooner than expected.

Loans can be arranged from as little as £50 to as much as £15,000, depending on your level of savings and affordability.

Interest is only charged on the balance outstanding and is calculated daily.

To protect our members' savings, we credit score all loan applications

Cash Box offers a range of loan products depending on your circumstances. For an illustration please follow the links below:-

Standard Loan

Available to all members who have saved with Cash Box for a minimum of 13 weeks

Standard Loan: Interest rate is 2% per month

Representative Example (APR 26.8%)

Amount of Loan £500 £1,000
11 Monthly Repayments £47.28 £94.56
Final Repayment £47.28 £94.55
Total Interest Due £67.36 £134.71
Total Amount Repayable £567.36 £1,134.71

The above rates are calculated over a 12 month term

Secured Loan

Available to any member wishing to borrow an amount not exceeding their share balance.

Secured Loan: Interest rate is 1% per month

Representative Example (APR 12.7%)

Amount of Loan £500 £1,000
11 Monthly Repayments £44.43 £88.85
Final Repayment £44.36 £88.83
Total Interest Due £33.09 £66.18
Total Amount Repayable £533.09 £1,066.18

The above rates are calculated over a 12 month term.

Payroll Loan - Promotional Rate on applications received before 31st July 2017

Available to employees of companies who have a payroll deduction scheme in place.

Payroll Loan: Interest rate 2.5% per month

Representative Example (APR 34.5%)

Amount of Loan £500 £1,000
11 Monthly Repayments £48.75 £97.49
Final Repayment £48.66 £94.45
Total Interest Due £84.91 £169.84
Total Amount Repayable £584.91 £1,169.84

The above rates are calculated over a 12 month term.

Compare this to other lenders and you will see just how fair and reassuring dealing with Cash Box really is.

Click here for our loan application form. Please ensure that you collect information about your income and what you spend before completing the form. Alternatively you can call into one of our collection points for assistance.

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0161 342 3266

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