Apply for a short-term loan, see exactly where you stand, and repay it — all from your phone, in plain language.
Most people open a loan app for the same reason. Something happened — the boiler, the car, a shift that got cut, a bill that arrived three days before the money did. Nobody is browsing. You want to know two things: can I get it, and what will it cost me.
So that is what ALPACA REY is built to answer, in that order. You fill in a short application on your phone. You get an eligibility decision — a yes or a no, not a maybe and not a phone call later in the week. If it is a yes, you see the amount, the repayment dates and the total you will pay back before you agree to anything. Tapping Apply does not commit you to a loan. Only accepting the schedule does.
We don't hurry you with countdowns. We don't bury the total on a second screen. We don't pretend that borrowing is free, because it isn't — short-term credit is one of the more expensive ways to get hold of money, and anyone who tells you otherwise is selling something worse than a loan.
What we would rather you did, honestly, is borrow the amount that covers the thing. Not the round number, not the maximum the app offers you. The repayment is smaller, the schedule is shorter, and the whole episode is over sooner. That is a boring piece of advice and it is the one that works.
They sometimes don't. Shifts change, invoices land late, a month has five Fridays in it. The app lets you ask for an extension or a renewal, and the one thing that matters is asking before the repayment date rather than after it. A conversation on the Tuesday is a different conversation from a missed payment on the Friday. We would far rather have the first one.
A short-term loan is a bridge, not a floor. If you are borrowing to repay other borrowing, or looking for something to carry you over several months, this is the wrong product and we would tell you so in the chat before you applied. There are free debt-advice services that do that work better than any app can, and we will point you at them rather than sell you a schedule you already know you can't keep.
Everything else — the limit increases, the early repayment, the schedule sitting on your home screen — is detail. The part that matters is that you always know the number, and you always know the date.
A short application, filled in standing at a bus stop if that is where you are. No branch, no appointment, no printed statements to post anywhere.
You find out whether you qualify and for how much while the app is still open. A no is given straight, with the reason, rather than left hanging.
Every date, every amount and the running balance live on one screen. Nothing about what you owe is more than two taps away.
Make a scheduled payment, or clear the balance ahead of time. The schedule updates the moment the payment lands.
Once you have a repayment history with us you can request a credit limit increase. It is re-checked each time — a history helps, it doesn't entitle.
Questions about cost, dates or whether this is the right thing at all get answered by a person, in the same plain words the app uses.
Four requests cover almost everything that happens in the app.
The short application, the eligibility decision, and the schedule to read before you say yes.
For customers with repayments behind them who need a little more headroom next time.
When the repayment date and your payday don't line up — asked for before the date, not after it.
Clear the balance before the last scheduled date and be done with it.
Every request is subject to an eligibility check. Amounts, dates and the total cost are shown in full before you accept — nothing is agreed by tapping Apply.
Who you are, what you earn, what you want to borrow and roughly why. Short enough to finish in one sitting.
Eligible or not, and if yes, for how much. If it's a no, you are told the reason instead of being left to guess.
Dates, amounts, total repayable. This is the moment that commits you — everything before it is reversible.
Pay on the dates, pay early, or come back before a date to ask for an extension. The balance is always on the first screen.
No stock boardrooms. This is where the app is actually used, and where the replies come from.
Send a question about cost, dates, eligibility — or about whether a short-term loan is the right move at all.
Someone from the team will get in touch shortly at the email address you gave.
We use cookies for analytics and advertising measurement only after you give your consent. Learn More