If you transfer money to another account or you pay at a shop that’s not a cashpresso partner shop, interest is due from day one.
effective interest rate
Up to €1.500
Choose your payment plan.
With our instalment calculator you can enter the billing amount and choose the height of your monthly instalments. Out of these the duration of your payment plan and the total amount due are calculated. Our calculator also shows you how much interest is due in total.
Summary of our terms.
At cashpresso there are no additional fees: Payouts, paybacks or changes on your payment plan are free of charge.
|at any time and free of charge
|1. and 2. reminder
|free of charge
Frequently asked questions
You choose the amount of your monthly rate and can adjust it at anytime with the push of a button. The only requirement ist that you pay at least 3% of the outstanding amount and never less than € 3.
The duration of your payment plan is the result of your chosen monthly rate. If you change your monthly rate the duration of your payment plan changes as well.
You can cancel your contract at anytime in your portal under “settings”. Die cancellation period is one month and the outstanding amount must be paid within 14 days.
If you wish to pay back more than your monthly rate you can do this anytime. There is no fee for earlier payback. You don’t even need to inform cashpresso in advance. As soon as the amount is transferred, it will be credited to your account.