Cashper Review: Our Experience and Assessment for 2026
Need a small loan fast — even with a less-than-perfect credit score? Cashper is one of the most well-known mini-loan providers in Germany, offering amounts from 100 € to 3,000 € with terms of 30 or 60 days. In this review, we examine what Cashper actually delivers: the real costs, how the application works, what happens if you can’t repay on time, and whether the service lives up to its promises.
Cashper has been operating in Germany since 2014, powered by Novum Bank (a Malta-based bank). They specialise in payday-style microloans for customers that traditional banks often turn away. But is it a good deal? Let’s dig in.
Cashper Mini Loan: Key Facts at a Glance
Cashper Experience: How We Rate It
Overall, Cashper fulfils a specific market need: quick access to small amounts of money when traditional banks won’t help. The service is legitimate, the process is straightforward, and the application is genuinely fast. However, the costs are significantly higher than a conventional bank loan — which is the trade-off for speed and accessibility.
How the Cashper Application Works
Applying for a Cashper loan is designed to be as fast as possible. Here’s the step-by-step process:
The Cashper Application Process Step by Step
Step 1: Choose your amount and term. On the Cashper website, select how much you want to borrow (100 € to 3,000 €) and whether you want a 30-day or 60-day repayment period. The calculator shows you the total cost including interest immediately.
Step 2: Fill out the online application. Enter your personal details, address, employment status, and income information. The form takes about 5–10 minutes to complete.
Step 3: Identity verification. Cashper uses Video-Ident for identity verification — you can complete this from your phone or computer without visiting a post office.
Step 4: Loan decision. Cashper provides a decision quickly, often within minutes. If approved, you receive your loan contract digitally.
Step 5: Payout. Standard payout takes 1–3 business days. If you need the money faster, Cashper offers an express payout option (same-day or next-day) for an additional fee.
Tip from GIROMATCH
Before paying for the express payout option, check if your situation can wait 1–3 business days. The express fee can add significantly to the total cost of a small loan. If you apply early in the week (Monday or Tuesday), standard payout often arrives within 2 days.
Pros and Cons of Cashper
Advantages
- Loans possible even with negative SCHUFA entries
- Very fast application process (under 10 minutes)
- Same-day payout available (with express option)
- Small amounts from just 100 € — useful for minor emergencies
- No fixed minimum income requirement
- Accepts wide range of employment types (including students and unemployed with income)
- Fully digital process — no paperwork needed
- Regulated lender (Novum Bank, licensed in Malta under EU banking rules)
Disadvantages
- High APR of 13.50% — significantly above traditional bank rates
- Very short repayment periods (30 or 60 days only)
- Express payout and extended term options cost extra
- Maximum 3,000 € — not suitable for larger financial needs
- Late payment fees can accumulate quickly
- No option for longer-term instalment plans
Cashper Loan Repayment: What You Need to Know
Repayment is the area where Cashper borrowers need to be most careful. The short repayment windows (30 or 60 days) mean you need a clear plan for how you’ll pay back the loan before you take it out.
Standard Repayment
With a 30-day term, you repay the full amount plus interest in one lump sum after 30 days. With the 60-day term, you split the repayment into two equal instalments at 30 and 60 days. Payment is made via bank transfer to the account details provided in your loan contract.
What Happens If You Can’t Repay on Time?
This is where Cashper loans can become expensive. If you miss a payment deadline:
Payment reminders: Cashper sends payment reminders, typically with a short grace period. Use this time to arrange the payment if possible.
Late payment fees: If the payment isn’t received after reminders, additional fees apply. These can add up to a meaningful amount on a small loan, increasing your total cost significantly.
Debt collection: If the debt remains unpaid after multiple reminders, Cashper may transfer the case to a debt collection agency. This can result in a negative SCHUFA entry, affecting your ability to borrow in the future.
Payment extension: If you know in advance that you’ll need more time, Cashper offers a payment deferral option — but this comes with an additional fee. It’s better to arrange this proactively rather than missing the payment date.
What Does a Cashper Loan Actually Cost?
Let’s look at some concrete examples to understand the real cost:
Note: These are approximate figures based on 13.50% APR. Exact amounts may vary slightly. Express payout and other optional services incur additional fees not included here.
In absolute terms, the interest on small short-term loans is relatively modest — 5.55 € for a 500 € / 30-day loan is manageable for most borrowers. The danger comes from late fees and express charges, which can multiply the cost if you’re not careful.
Cashper vs. Alternatives: How Does It Compare?
Cashper sits in the middle ground: slightly lower APR than Vexcash, broader term options than some competitors, and a strong reputation built over years in the German market. For a more detailed comparison, see our Cashper alternatives page.
Who Is Cashper Best For?
Cashper is designed for a specific situation: you need a small amount of money quickly, and traditional banks aren’t an option. This typically means:
Emergency expenses: An unexpected bill, car repair, or medical cost that can’t wait until your next paycheck. If you can repay within 30–60 days, Cashper bridges the gap at a reasonable cost.
SCHUFA problems: If negative SCHUFA entries are blocking you from conventional bank loans, Cashper is one of the legitimate options that still considers your application. They look at the full picture, not just your SCHUFA score.
First-time borrowers: The small loan amounts and simple process make Cashper accessible for people who haven’t established a credit history yet — including students and people new to Germany.
Not ideal for: Larger financial needs (over 3,000 €), situations where you can’t realistically repay within 60 days, or when you simply need to bridge a long-term income gap. In those cases, consider a personal loan with longer repayment terms instead.
About Cashper / Novum Bank
| Company name | Novum Bank |
| Company type | Bank |
| Address | Novum Bank Ltd, The Emporium, C De Brocktorff Street, Msida, MSD 1421, Malta |
| Website | cashper.de |
| info@cashper.de | |
| Phone | 069 1200 666 50 |
| +49 177 1782228 oder +49 322 232 702 04 (Österreich: +43 670 3091 039) | |
| Hours | Montag bis Freitag, 9:00 Uhr - 17:30 Uhr |
| Social Media | Instagram |
| English support | Yes |
| Specialty | Not available |
| Commercial register | C46997 |
| AEMIP member | No |
Cashper is a brand of Novum Bank Limited, a licensed bank headquartered in Malta. Novum Bank is regulated by the Malta Financial Services Authority (MFSA) and operates under the EU banking passport across several European markets. The bank has been active in Germany since 2014 and has processed millions of micro-loan applications.
Customer service is available in German via email at service@novumbank.com and by phone. The company has a registered German service address and responds to inquiries typically within 1–2 business days.
Frequently Asked Questions About Cashper
Yes. Cashper is one of the lenders that considers applications from people with negative SCHUFA entries. While a negative entry doesn’t guarantee rejection, Cashper looks at your overall situation including income and employment status to make a decision. Approval is not guaranteed, but many customers with SCHUFA issues have successfully received loans.
Standard payout takes 1–3 business days after loan approval. If you need the money faster, Cashper offers an express payout option (same-day or next-day) for an additional fee. The express option is most effective when you apply early on a business day.
If you can’t repay on time, Cashper first sends payment reminders. You can also proactively request a payment deferral (for an additional fee). If the loan remains unpaid, late fees accumulate and the case may eventually be transferred to a debt collection agency, which could result in a negative SCHUFA entry. Always contact Cashper before the deadline if you’re having trouble paying.
Cashper charges 13.50% APR. For a 500 € loan over 30 days, this means approximately 5.55 € in interest — total repayment of about 505.55 €. For 1,000 € over 60 days, the interest is approximately 22.19 €. Additional fees apply for express payout and payment deferrals.
Yes. Cashper is operated by Novum Bank Limited, a licensed bank regulated by the Malta Financial Services Authority (MFSA). The bank operates under the EU banking passport in Germany and several other European countries. Cashper has been active in the German market since 2014.
The main alternatives in the German micro-loan market are Vexcash (similar product, slightly different terms) and Ferratum (now Multitude). For a detailed comparison of all Cashper alternatives, see our Cashper Alternative page. For larger loan amounts, consider applying through GIROMATCH personal loans.
You need a bank account in the EU for the loan payout and repayment. A German bank account (IBAN starting with DE) is preferred but not strictly required for all cases. Contact Cashper directly if you only have a non-German EU bank account.
Our Verdict: Is Cashper Worth It?
Cashper delivers on its core promise: fast, small loans for people who need them — even with a less-than-perfect credit score. The application is genuinely quick, the costs for short-term borrowing are transparent, and the service is backed by a regulated EU bank.
The key is to use Cashper for what it’s designed for: short-term financial gaps that you can realistically repay within 30–60 days. If you borrow responsibly and repay on time, the total cost is modest. If you start missing payments or stacking fees, the costs can escalate quickly.
For emergency micro-loans in Germany — especially for applicants with SCHUFA issues — Cashper remains one of the most reliable and established options available in 2026.
Updated: Mai 2026
