Cash for bad credit when you need it most.

Reliable. Simple. Honest.

We know that having bad credit can hold you back from getting the loan you need so urgently. You may need access to money quickly to deal with an emergency such as medical expenses, car repairs or unexpected bills. This is where a Cashfloat bad credit loan may be just the thing you need.

Cashfloat’s bad credit loan are quick to apply for and can help improve your credit rating, if paid on time. Our loans range from £400 up to £1500*, and you can get the money on the same day, if approved. Apply now and get an instant decision!

What are bad credit loans?

Bad credit loans are unsecured loans for people with really poor credit

Luckily, even if you have very bad credit, there are lenders who will lend to you if you can prove you have good income, such as from a job or benefits. Just be aware that you may be asked to provide copies of your bank statements or payment slips. Even if you’re unemployed or in receipt of benefits, you can apply today for a bad credit loan with – no guarantor necessary.



Dominic Ash
Verified Buyer

Very good. Very helpful. Very quick. I do not have the best of credit rating. But they still have helped me, I have recent death in family so it’s bit of a struggle at the moment. And with their help I can meet all my commitments. So thank you.

Mr Peter Y
Verified Buyer

You are the most helpful company I have ever used, you take in consideration the individual not just their credit score. If only there were more companies like in this world alot of people would be so much better off. Thank you again for your unbelievable help.

Sarah K
Verified Buyer

I needed an emergency loan and didn’t have a great credit report. The service from Cashfloat was very quick and the staff was very helpful and polite. Will definitely use them again if ever in a sticky situation. Thanks Cashfloat team.

Mr Darren K
Verified Buyer

Easy to apply and no hidden charges, even if your credit isn’t the best.

How Cashfloat bad credit loans work

a step-by-step guide

Choose how much you need and complete your application online.


Get your instant lending decision.


If approved, money will be with you the same day.


Make your monthly repayments.

Loans For Bad Credit with No Guarantor

Applying for a secured loan for bad credit means you have a higher chance of approval, but if you don’t want to risk collateral with a secured loan, or you’re not interested in co-signing with a guarantor, you’ll need to look for someone who will give you a loan without a guarantor. The good news is that NONE of Cashfloat’s products require any kind of collateral!

Are poor credit loans cheap?

Poor credit loans are an unsecured form of borrowing, making them more expensive than secured loans. However, you can still compare unsecured lenders to see which ones offer lower APRs. At Cashfloat, we offer quick loans for poor credit from a direct lender that have a representative APR of just 997%. If approved, the money can reach your bank account same day. Click here for more information on APR to find out the real cost of a loan.

Why Choose Cashfloat’s Bad Credit Loans?

Cashfloat’s loans has all the features you can want, plus more. Our online application form can be completed quickly and we have a high approval rate, even for those with bad credit.

  • We are a direct lender
  • We are UK based
  • Our online application is safe and secure
  • We provide same day funding, if approved*

What are my alternatives if I have poor credit?

If you need a loan quickly, and you’re worried about your poor credit score, online loans are not the only option available. Here are some other types of loans you can apply for:

  • Personal – Obtainable from banks, have a lower price range but may be harder to get approved for.
  • Guarantor – Much easier to get approved for and are cheaper, but the process is a bit longer and more tedious.
  • Secured – Similar to guarantor loans, these are cheaper and easier to get approved for with bad credit but the risks are higher in cases of default.

We always encourage you to explore all your options before signing any agreement. In some cases, Cashfloat’s loans may be an excellent option for you.

How much do you need?
Other amount
Ready for a Cashfloat payday loan?
Repayment total

Repay over: 3 months, 3 repayments of: £220


Bad Credit Loans Online with Instant Decision

We know that when you apply for a loan with us, you want to get the money fast. That’s why you will automatically get an instant decision, whether you have good or bad credit. Maybe once bad credit meant that no creditor will lend to you, but now, you can easily apply for online loans for poor credit and still get all the benefits that a person with good credit history gets like instant decision, same day funding and 5-star customer service.

Should I try and improve my credit before applying?

If you’re not in a rush, you should first look at your credit score and try to improve it. You can get a credit report from different credit reference agencies. Once your credit history has improved, you may be accepted for a personal loan, which has lower interest rates. If you still finding yourself needing a loan, you can apply here with Cashfloat! Having a bad credit history does not change the speed in which we will fund your loan!

Is it easier to get approved for smaller or larger loans with poor credit?

You might think it’s easier to get approved for smaller loans with bad credit. But in reality, if your credit score is low, lenders will look at your monthly affordability. Since long term loans are more affordable, they are often easier to get approved for. On the other hand, some lenders will easily approve small payday loans even with bad credit as the risk factor is much lower when lending small amounts.


How fast can I get a bad credit loan?

Once approved, money can reach your bank account within 2 hours. The application form is simple and quick to complete. Most people submit the application within 2-3 minutes. Once completed you will get an instant decision. Cashfloat – here for you, to get you your loan fast!

Can I get a loan with bad credit?

We accept a wide range of credit scores, so don’t hesitate to apply. To apply for a bad credit loan, you must meet a number of criteria. You must be at least 18 years old and be a resident of the UK. You must also be able to show you have a steady income and have a UK bank account.

Can I get loan with no credit check?

The FCA require all lenders to check that a loan will help the applicant in their current situation. Cashfloat are proud to be a responsible direct lender, which is why we perform thorough affordability and credit checks on all applicants before approving any loan.

Why is it better to get a bad credit loan from a direct lender?

Here are some of the pros of getting a loan from a direct lender:
  • You get the loan from the lender directly without any other party involved.
  • Have any queries? Ask your lender directly.
  • You won’t pay any broker fees.
  • A direct lender will ensure that your details will be kept secure.

Can bad credit loans improve my credit rating?

Yes! In contrast to what most people think, getting a bad credit loan can improve your credit score if you show you can pay back your loan on time. These loans are often called credit-builder loans. Paying off your loan at the right time will improve your credit score.

What is the difference between an unsecured bad credit loans and a secured bad credit loan?

Unsecured bad credit loans tend to work out more expensive than secured bad credit loans. The reason is simply because with a secured loan, the lender will take possension of the collateral if you are unable to repay the loan. However, an unsecured loan is not protected by any collateral.

Are Cashfloats bad credit loans ideal for when I need emergency cash?

Absolutely. Our bad credit loans can be funded within 2 hours, if approved*. At Cashfloat, we recommend that high-cost loans are only used in emergencies like your car breaks down or some water pipes need fixing urgently, and you don’t have the cash on hand.