Cashfloat.co.uk, a leading UK payday lender, has launched a free cashback scheme allowing customers to claim cashback on all new loans. Cashfloat is the first payday lender to offer cashback on short term loans in the UK.
Cashfloat announced a new cashback program for all customers who take out a loan from December 14, 2022. The program would allow all of their customers who borrow from them to claim back 5% of their loan interest.
To qualify for credit cashbackcustomers must meet a few minimum conditions:
- enroll in the program on their loan application;
- Earn at least £50 in loan interest;
- Don’t miss any payments throughout the life of the loan;
- Fill out a short survey once your loan is repaid.
Participation in the program is 100% free. If a customer qualifies for cashback and completes the survey within the required timeframe, the money will be automatically deposited into their bank account.
Cashfloat’s cashback program is the first of its kind. A Cashfloat spokesperson commented on the new initiative:
“Our main goal is to make our loans safer for borrowers. This new program aims to motivate borrowers to pay off their debts on time so that they don’t owe high interest rates, especially during an economic downturn.”
Cashfloat continues to be a pioneer in the UK payday loan Sector. Before COVID, they introduced an easy-start feature that allows customers an extra month to pay off their loans at no extra cost. For more information on Cashfloat’s programs and credit products, visit Cashfloat.co.uk.
About cash float
Cashfloat is an FCA authorized direct lender offering access to payday loans, personal loans, small business loans and car finance through its popular website Cashfloat.co.uk. Since launching in 2014, it has grown to become one of the leading unsecured lending brands in the UK.
Cash float is part of the Western Circle Groupa fintech group focused on developing advanced technology systems to provide secure and flexible online loans.
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