Everything you need to know about Lydia Instant Loan

Updated 2 weeks ago by Yacine Sahnoune

Lydia users can lend €100 to €1,000. The money is instantly credited to their Lydia account. Users can send, wire or spend that money right away in any store or on the Internet.

Why should I subscribe to an Instant Loan ? 🤔

We've all had times where we could use an extra bit of cash for an important purchase. With Instant Loan, users can now immediately...

  • purchase something important and pressing, like buying a gift or replacing a faulty device (laptop, washing machine, bike).
  • spread a big cost like the purchase of plane tickets or the renting of a flat for the upcoming holidays.

Instant Loan is quick, light and simple: it is to be repaid over a 3-months period.

Getting Instant Loan 💰

Via Lydia app, users can ask our partner Groupe Casino Bank for a loan:

Getting the money from Instant Loan ⏱️

Money is credited to users' Lydia account, either...

  • right now
  • or 14 days after the loan confirmation.

It can be spent without any restriction using one of Lydia's payment methods.

👉 Click here to try out Lydia Instant Loan.

Cost of Lydia Instant Loan 💁‍♀️

Like any other loan, Instant Loan is a paying service with both variable and fixed costs. Costs are calculated according to both the amount lent and the delivery method users chose.

For an Instant Loan credited immediately to one's account

Users pay both 3,13% of the amount lent and fixed fees depending on the total amount lent.

Instant Loan amount

Instant Loan total cost

Variable fees

Fixed fees

100 to €199,99

11,59 for €150 lent

3,13%

€6,90

200 to €299,99

15,72 for €250 lent

3.13%

€7,90

300 to €499,99

23,42 for €400 lent

3.13%

€10,90

500 to €1,000

43,37 for €750 lent

3.13%

€19,90

For an Instant Loan credited 14 days after the confirmation

Users only pay fees accounting for 3,13% of the amount lent.

Instant Loan amount

Instant Loan total cost

Variable fees

100 to €199,99

4,69 € for €150 lent

3,13%

200 to €299,99

7,82 for €250 lent

3.13%

300 to €499,99

12,52 for €400 lent

3.13%

500 to €1,000

23,47 for €750 lent

3.13%

Repaying Instant Loan 😎

Instant Loan is paid back over a 3-months period via the credit card used during the application process.

Monthly installments are debited 30, 60 and 90 days after the application.

Users can check their repayment schedule directly from Lydia app.

Eligibility to Instant Loan 👍

Only Groupe Casino Bank determines if users are eligible to the loan offer, and how much they could ultimately ask for.

Users agree to share personal information with Groupe Casino Bank for the latter to be able to analyse their application and determine how much they would be willing to lend.

Confirmation of the loan application is immediate and definitive.

Paying fees using a credit card immediately locks and confirms the subscription to the loan.

Cancelling Instant Loan ❌

Users are able to cancel their loan in a 14-days window following their loan application's confirmation date.

Getting help from Groupe Casino Bank

Any issue or enquiry concerning Instant Loan should be addressed directly to Groupe Casino Bank, reachable:

  • by email at contactlydia@banque-casino.fr
  • by phone, calling +33 (0) 969 391 191 (available Monday to Friday from 9 AM to 8 PM and on Saturday from 9 AM to 6 PM, Paris time).

Users will be invited to share their client references. This data can be retrieved from the Lydia app Instant Loan screen.

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