Cashper review

Borrowing runs at 13.4% to 13.6% on a fixed basis, so the rate stays the same for the whole term. The fixed rate model is what separates Cashper from variable rate lenders in the same category. There is no arrangement fee, since the origination fee is 0 EUR.

The amount available runs €100 to €3,000. That is a small range, aimed at covering a short gap rather than a large purchase or a consolidation. Both a personal loan and a payday style loan are offered under the same ceiling.

Terms run 1 to 2, which is very short and points to a single repayment cycle. The published example shows a small loan repaid in one instalment. If you need to spread a cost over a longer period, this is not the product.

Cashper is run by Bank DiMare Limited, which is based in Malta. The lender is authorised and supervised by the Malta Financial Services Authority under licence C46997. Borrowers in Germany can apply.

Cashper lists a credit requirement of fair, which is more forgiving than a strong score. The initial credit check is soft prequal, so a full check can still follow if an offer is accepted. Applications need a minimum age and residence in Germany.

Funding takes 5 business days (up to 7 calendar days) from approval. The direct lender structure means the money comes straight from the lender rather than through a broker or marketplace. Plan ahead, since the same day payments common elsewhere are not what this timeline offers.

Help is available on email, phone and chat, so you can pick whichever suits the question. A help centre and live chat suit quick queries, while email and phone cover anything that needs detail. Support is available in the same language scope as the site.

The only listed charge is the origination fee of 0 EUR, so there is no setup cost to weigh against the amount borrowed. The representative example shows the cost clearly: a small net loan repaid in a single instalment, with the interest being the price of using the money. The effective annual rate in that example sits inside 13.4% to 13.6%.