About Our Loans

At Scotcash, we provide affordable loans starting from just £100 - a cost-effective credit alternative where a bank or building society cannot help.

We offer affordable, fixed regular repayments to suit your financial situation and you have the option of paying weekly, fortnightly, four-weekly or monthly with flexible repayment dates. All Scotcash loans are repaid through your bank account by Direct Debit, so there are no home visits or cash payments required. If you don't have a bank account we can help you open one.

Key facts and figures

Over the last year we have helped a range of people with our affordable loan scheme. See some of the key facts and figures below:

2016/17 at a glance  
No. of enquiries  9438
No. of loans 3061
Average term 39 weeks
Average payment per week                                £18.61
Value of all loans £1,664,981
Average loan amount £543


Reason for loan Total
Home decoration / improvement 30%
Christmas 36%
Clothes 2%
Driving lessons 1%
Deposit for private let 1%
Family event (birthday, wedding, funeral etc)    8%
Holiday 20%
Other reasons 2%
Bank accounts opened: 194
Savings on 'like for like' loans: £988,703
Percentage of customers on low income: 61%

Next Steps

If you would like to discuss a loan with us further:

  • Take a look at our How To Apply page
  • If you wish to apply online, click here
  • You can call our office on 0141 276 0525 for more information

What our customers say

"I'm extremely grateful for your help when we were at our lowest and everything was going downhill"

This customer got a £300 loan to decorate their new home. Her partner is now working and things are looking up. She has not gone on to take another loan just now as she would prefer to wait until she needed it.


"Thank you, your company has helped me through a lot of financial pressure and with lower APR I don't feel ripped off"

This customer is on her 4th loan, single with 3 kids. She usually uses her loans for Christmas and kids birthdays.

Did You Know...?

Since opening we have collectively saved citizens almost £5 million in interest repayments, had they taken the same loan with a doorstep lender.