Loans for Unemployed

Up to £1000 Apply now

Have you found yourself unemployed with no savings to fall back on and in need of some quick cash? At Cashfloat.co.uk, we believe that being unemployed should not hold you back from securing a loan. You can apply today for up to £1000 and if approved, get that money in your bank account within an hour. Cashfloat is a responsible and authorised direct lender, and we will do all we can to help you, even with bad credit.

Where can I get loans for unemployed with bad credit?

Right here! You can apply for bad credit loans with us even if you are not currently holding a job, as long as you can prove that you have some source of income, for example, you are on benefits. Cashfloat specialises in bad credit loans, and we do not like turning people down because of their credit score.

Do I need a guarantor to apply for a loan when I am unemployed?

Cashfloat’s loans do not require a guarantor or any collateral. All our loans are unsecured. At Cashfloat, we understand that it takes time to find a guarantor and when you need money you want it fast. As long as you can prove you can repay your loan, we will be happy to consider your bad credit loan application.

Can I get guaranteed loans for the unemployed?

A responsible and authorised lender can not promise guaranteed loans for the unemployed. The reason for this is simply because all lenders must carry out credit and affordability checks before approving a loan. However, we do have a high acceptance even if you have bad credit. There are many loan sharks out there guaranteeing loans to customers, and this puts good people into debt problems when they have difficulty paying back the loan they couldn’t afford to get. Click here to learn how to identify loan sharks.



Get loans for unemployed people today!

Loans for people on benefits

People on benefits may often find themselves in situations when they need that extra cash, whether it’s for a car that needs fixing or any other unforeseen expenses. At Cashfloat we advise you to only apply for short term credit if you need the money urgently and can afford the repayments. Learn more in this article about the day to day struggles of people living a life on benefits.

Can I get a loan if I am on benefits?

If you are unemployed and are on benefits, you can apply for a loan with us. Many people think that doorstep loans are the only kinds of loans available for people on benefits since you do not need a bank account and approval rates are higher. However, doorstep cash loans for the unemployed are often not well regulated and may be unsafe.


It is a lot safer and easier to apply for loans online with Cashfloat. If we can not offer you a loan at this time, we can act as a broker and help you find another lender better suited to your needs.



How fast can I get a loan on benefits?

What are the basic requirements to apply for a loan?

To apply for a loan with Cashfloat, you must meet these basic requirements:

  • Be over 18
  • Be a citizen of the UK
  • Hold a UK bank account
  • Have a source of income (may be benefits if you do not hold a job)

How is Cashfloat different?

Cashfloat aims to make loans for unemployed, safe and affordable for citizens of the UK. Our advanced lending decision engines help customers get loans best suited to their needs and provide a fast and efficient service. We accept customers with all kinds of credit scores as long as you can prove you can afford to meet the repayments. Cashfloat’s loans are flexible – you can make your repayments as early as you want with no extra fee. Need £500 up to £1000? Apply today even with bad credit and if approved get you money within an hour!


Have you lost your job recently? Click here for a comprehensive guide for those who have been made redundant. Gain knowledge about your legal rights and get advice on how to begin your search for a new job.



Cashfloat Loans

Our bad credit loans range between £500 and £1000, and repayments can be made over 3-6 months (7 with Easy Start). The Cashfloat application is quick and easy to complete, and your loan for unemployed people can be funded within 1 hour of approval. Our dedicated customer support team can be reached via live chat, email or telephone for any queries you may have during the loan process. Unemployed or on benefits and need money today? Apply now with Cashfloat – your trusted direct lender!


Representative example
Total amount of credit: £900
Duration of the agreement: 7 months
Repayment total: £1,565.99
Interest is Fixed at rate of 198.72% per year | Representative 529.09% APR
£187.92
Installment 1
£250.56
Installments 2 — 6
£125.27
Installment 7