Cashperplus

Online personal loans

Cashperplus is a brand of Bank DiMare Limited, a credit institution authorized and regulated by the Malta Financial Services Authority. It offers personal loans online, from €150 to €2,000, with repayment periods of two to 12 months. The company specializes in online credit and markets the loans for short- and medium-term unexpected expenses.

Loan products and terms

Cashperplus offers flexible personal loans. According to the published information, the initial credit line ranges from €150 to €2,000, with repayment terms of two to 12 months. The company says it does not charge opening or full early-repayment fees. Its online calculator lets applicants select an amount and term and see the monthly payment, APR, and total amount due.

The website lists a minimum nominal interest rate (TIN) of 119.88% and APR of 213.50%, and a maximum TIN of 288% and APR of 1,221.48%. As a representative example, a €1,000 loan repaid in 12 monthly installments at a fixed 11.99% rate would total €1,936.32, in payments of €161 per month, corresponding to a 289.2% APR. The company warns that a 1% daily interest charge applies after a payment due date has passed.

Eligibility and application

Applicants must be over 21, show recurring income, and have a bank account in Spain. The process starts with the online loan calculator, where the applicant chooses an amount and repayment term and sees the monthly payment. The applicant then completes a form and verifies information through Tink, which the company says checks financial and personal details instantly. Approved customers can manage their loans through a private account.

Repayment options

Cashperplus lists several repayment methods: cash deposit or ATM payment to accounts at Sabadell, Santander, or BBVA; bank transfer to one of its accounts; and debit-card payment through the online customer account or by calling +34 91 181 79 20.

Fees and data protection

Cashperplus says its loans have no added fees and that the calculator shows the final amount due for each installment. The company says it maintains confidentiality and complies with Spain's LOPD data-protection law. It also describes itself as an entity with a banking license in Spain and says a credit line can remain open as long as payments are made on time.

Company and contact

Cashperplus is a brand of Bank DiMare Limited, company registration number C46997 and EU VAT identification number MT22000114. The company's headquarters are at The Emporium, C De Brocktorff Street, Msida, MSD 1421, Malta. For legal notices in Spain, the company lists 45 C/ Zurbano, 1st floor, 28010 Madrid. Customer service is available at plazos@cashper.es, by toll-free phone, and by text message. Hours: Monday–Friday, 9:30 a.m.–6:30 p.m.; Saturday, 9 a.m.–2 p.m.