APR: 1238% Representative
Loan amount: £100 - £750
Repayment duration: 3 - 3 Months
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Contact Instalment Instalment customer reviews

4.5 out of 5 from 297 reviews

Get accepted all day long

18:27 30-04-2017

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Cashasap have never let me down they are quick and it's 247 and money goes in account quick just sign up get approved by phone calls no hassle. Excellent

James cordingley

Our review of Instalment

Our review by Alex
Written by: Alex
Consumer sentiment

45.8/100 offer a product that is very similar to others in the market. There’s no fee for setting up the loan, you can repay early free of charge and you can manage your loan through an online account area. However, unlike other lenders you can rollover the loan if you notify them before your payment due date. You can do this twice per loan, but be wary as you will have to pay the extra interest and it will end up costing you more in the long run.

They also have their #pricecheck scheme which will refund your total cost of credit if you’re application to is declined, but you get another loan at a better rate on the same day and pay it back on time. For this you’ll need to provide your rejection email as well as your loan agreement of the successful loan.

TrustPilot give a rating of 8.8 out of 10. Customers are particularly impressed with their easy to use website, excellent service and quick payout – even reply to some of their positive reviews which is a nice touch. Their OPTIOSCORE is average on Choose Wisely and their score has been boosted by their features like the #pricecheck scheme, the online account and the ability to rollover the loan.

As with any high-cost short-term product the usual warning applies. If you have any doubt whether you can afford to repay your loan on time and in full, then don’t apply. By missing or being late with repayments, you will not only harm your credit file but could be subject to a number of fees, which can soon make things very expensive.

Overall verdict: Although their product is fairly standard within the market, do offer a price matching scheme for customers they have declined and  who have then gone on to be accepted by a different lender. This scheme shows the confidence they have in their decision making and acceptance criteria which along with their strong reviews could be a solid basis in which to consider if this is the kind of product you’re after.


  • Repayment date extensions available
  • No charge for early repayment of the loan
  • Online account for loan management
  • #pricecheck scheme offers refunds if other lender is cheaper

Minimum criteria

  • You must be aged at least 18
  • You need to be full or part-time employed
  • You must be a UK resident
  • You need to have a UK bank account with debit card


  • Maximum APR 1733%
  • Arrangement fee: £0
  • Early repayment fee: £0
  • Late payment fee: £10

About Instalment offer unsecured high-cost short-term loans between £100 and £750 that are repaid in one lump sum on your next payday at a representative APR of 1,449%. 

To apply you need to fill out their online application, wait for them to check your affordability and creditworthiness, and you should receive a decision within a few minutes. If you’re successful and the loan is approved, then the funds should show in your account almost immediately, depending on how long it takes your bank to process payments.

To keep track of how much you owe, you can log in to your online account via the website. You can also use this function to pay back the loan early free of charge. IF you’re unable to make your repayment to, then you will incur a £10 default charge and will have to pay the interest up to 60 days after your original due date.

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