Who are CashLady?

CashLady is a credit broker operating under Digitonomy Limited, authorized and regulated by the Financial Conduct Authority (FCA). They connect borrowers with a panel of over 30 lenders to find suitable loan offers. Their mission is to provide quick, accessible financial solutions for those in need of short-term loans ranging from £100 to £10,000​.

Why are CashLady contacting me?

CashLady might contact you if you have shown interest in their services or started an application process for a loan. They provide updates and assistance related to loan applications and potential matches with their lending partners.

Is contact from CashLady serious?

Yes, contact from CashLady is serious, especially if it pertains to a loan application you have initiated. They ensure that their communications are clear and informative, helping you understand your loan options and next steps​.

Can a Debt Management Plan stop CashLady?

While CashLady itself does not directly manage debt collections, if you are struggling with repayments, entering a Debt Management Plan (DMP) can help manage your overall debt situation. This plan can consolidate your payments and potentially reduce contact from various creditors, including those found through CashLady.

I have received a letter from CashLady, what does this mean?

Receiving a letter from CashLady usually means they are providing information about your loan application or matching you with a lender. It’s important to review the details and follow up as needed to complete your application or address any issues.

What rights do I have against CashLady?

As a borrower, you have several rights when dealing with CashLady:

• They must provide clear information and not charge fees for their brokerage service.
• All lenders they work with are regulated by the FCA, ensuring fair treatment and transparency.
• You are protected under the FCA regulations, which include limits on interest rates and charges.

CashLady are sending debt collectors to my house, what should I do?

CashLady, being a broker, does not send debt collectors. However, if you default on a loan obtained through their service, the lender may take steps to recover the debt, including using debt collectors. In such cases, communicate with the lender to negotiate repayment terms or seek advice from a debt advisor.

Will CashLady repossess my home?

CashLady does not repossess homes as they are not a direct lender. However, failure to repay a loan from one of their lending partners could lead to serious consequences, including legal action and potential property liens if court judgments are obtained. It’s crucial to manage your repayments to avoid such outcomes.

What Debt Management Plans can help stop CashLady from contacting me further?

Entering a DMP can help manage your debts by consolidating them into one monthly payment. This can ease communication with multiple creditors, including those associated with loans facilitated by CashLady. Consult with a debt advisor to explore this option​.

What if I can’t afford to pay CashLady?

If you can’t afford to repay a loan facilitated by CashLady, it’s important to communicate with the lender immediately. They may offer alternative repayment plans or temporarily pause repayments. Additionally, seeking advice from a debt advisor here at MoneyPlus can help you explore other solutions like Debt Relief Orders (DROs) or Individual Voluntary Arrangements (IVAs).

Website:
www.cashlady.com

Company info:
If you applied for a pay day loan via the CashLady.com website you will have been directed to a lender. If you are struggling to pay the lender back or you are receiving threatening letters, emails or calls you should speak to the lender directly.

If you would like to find out more about alternative debt solutions call us now on 0161 837 4000, or complete our contact form and we’ll call you back.

Important: We are not affiliated with Cash Lady or their lending partners.