Borrow Money Online

Every person in the UK with a bank account and proof of income should be able to apply to borrow money online. Here at Cashfloat, we offer £300 - £2500 for up to 9 months. Try the Cashfloat borrowing experience, and you will never call your bank again.
Representative example: borrow £700 for 6 months. 1st monthly repayment of £168.45, 4 monthly repayments of £224.60, last monthly repayment of £112.20. Total repayment £1,179.05. Interest rate p.a. (fixed) 185.39%. Representative APR 611.74%. Our loans are available for 3 to 9 months depending on the loan amount - rates between 295.58% APR and a maximum APR of 1294%.
Warning: Late repayments can cause you serious money problems. For help, go to
Borrowing money online shouldn’t be difficult or complicated. At Cashfloat, we’re constantly working to make taking out a loan an easy experience for our customers. Our online application process is fast and simple, with most people completing an application in three minutes. We give instant approval decisions and we fund loans on the same day. Usually, we fund them within an hour of approval!
We also offer flexible monthly repayment plans, and we accept applications from people with poor credit scores. Apply for a Cashfloat loan today, and get the funding you need fast.

How much money can I borrow?

After you apply, we have to run credit and affordability checks before we can approve your application. The amount of money you can borrow will ultimately depend on the outcome of these checks as well as the emergency you need the money for.

We specialise in payday loans from £300 to £1,500 and small personal loans of £1,000 to £2,500.

We specialise in loans from £300 to £1,500, and up to £2500 for our small personal loans.

How long can I borrow money for?

What are my borrowing options?

  • What do I need the money for?
  • Can I wait until my next payday, or do I need money now?
  • Am I able to borrow money from a friend or family member instead of a lender?
  • How much do I need to borrow?
  • Will I be able to afford the interest payments and my day to day expenses?

If you do decide to go ahead and apply for a loan, there are many loan options available. Click on the links below to find out more.

Can I borrow money from Cashfloat?

Cashfloat provide loans to everyone in the UK as long as they meet our eligibility criteria:

  • Be 18+ years
  • Hold a valid UK bank account
  • Have a reliable source of income
  • Be a resident of the UK

Cheaper borrowing alternatives

Short term unsecured loans are expensive because of the way lending money works. Lenders have less time to make a profit when you only make repayments over a short period of time, for one thing.

Short term loans are useful in certain situations. They’re fast and easy to get hold of, which makes them useful in a financial emergency, for example. Nonetheless, they don’t suit everyone. If you want to borrow money with cheaper interest rates, see if the options below suit you.

Why Choose Cashfloat?

Cashfloat offer a convenient application process and convenient loan amounts ranging from £300 to £1,500. Once you’ve completed the payday loan application form, you’ll receive an immediate provisional lending decision. If approved, we also aim to get the money in your account within an hour*. We also specialise in providing bad credit score loans, so having a bad credit rating shouldn’t hold you back from being approved for a loan today.

Our Cashback program

Cashfloat offers free cashback on loans that have accumulated a minimum interest of £50. Our current average cashback payout is £14.87! Get the T & C’s here.


What is the cheapest way to borrow money fast?

Often, people try to find cheaper alternatives to payday loans. You may be tempted by offers for things such as a low-interest credit card or an interest-free loan, for example. It’s important to look at the small print, however. Interest free loans, for one, come with catches and hefty fees that can land people in financial trouble. Cashfloat payday loans may be expensive, but you know how much one will cost when you take it out.

One alternative that may work is asking family or friends for an interest-free loan. But remember, when you borrow money from family or friends that they’re not a lending company you don’t have a relationship with. They simply trust you to repay the money. Be careful to make sure you pay the money back when they expect it or you might harm your relationship.

Can I borrow money with a bad credit score?

There are still many ways you can borrow money if you have a bad credit score. The best way will depend on how much money you need and under what conditions you want to borrow it.

If you need a short term loan to fix an essential home appliance or for a similar emergency and you have a bad credit score, a payday loan online might suit you best. At Cashfloat, many of our customers have bad credit scores. We perform affordability checks on our applicants, and as long as you can prove you’re able to make the repayments, you can apply with us.

One important thing to know is that you shouldn’t be tempted to take a loan from a lender that provides one with no credit check. No matter what they say. Even if they offer a low interest rate or large loan amount. Credit checks are essential, and the Financial Conduct Authority (FCA) requires all authorised lenders to carry one out on every loan applicant.

How does Cashfloat lend money online?

Cashfloat has a smooth and straightforward loan process. It usually takes three minutes to complete an application using our online form. We aim to provide an instant decision, with most loan application decisions made within 30 minutes. Once you’re approved and the credit agreement is signed, we also aim to get the money in your bank account within an hour*. If you find your application takes longer than this, you can always contact us to see if we can speed things up.

Repayments are made monthly, starting from the next month. We can also make repayment easier with the Cashfloat Easy Start feature, and we offer flexible repayment plans as well. If you’re encountering any problems paying back your loan after you take it out, you can contact us, and we’ll see if we can help you.

Will taking out a loan affect my credit report?

Applying for and taking out a short term loan from any lender will affect your credit report in some way. Responsible lenders will do a hard credit check on every applicant at some point during the loan approval process, and this can affect your credit score. Having a new credit account on your file can also temporarily lower your credit score. Some lenders may also look unfavourably at people who have a payday loan in their credit record. This isn’t always the case, however, and the effect may be minimal.

The most important thing is whether you stick to your repayment schedule. If you manage to stick to your payment schedule and pay your loan back on time, you should actually be able to improve your credit rating. This can help when you go to borrow money again in the future. If, however, you have problems making the repayments, your credit history will be negatively affected.

Note: It’s recommended to check your credit report for mistakes before taking out a loan. You can get this for free from leading credit reference agencies in the UK.

What loans should I be cautious about when borrowing money?

What should I do if I can’t make my loan repayments on time?

Sometimes people struggle to meet their repayment schedule after they borrow money. If this happens to you, it’s essential to contact your lender as soon as you think you’ll have problems. Most lenders will be understanding and will speak to you to try and reach an agreement. They may be able to offer lower interest rates, for example, or a period of time where you don’t pay any interest at all.

For help with debt problems or managing loan repayments, go to

How can I borrow money online safely?

Knowing how to keep yourself safe online when you’re applying for a loan is essential. When you’re looking for an online lender, there are a few things you can look for on their website that will help you to see if they’re legitimate or not.

You can check if their full contact details are clearly displayed and that these can be verified. You should be able to check that they do operate from the address listed and that they can be contacted on the phone. They should also be registered with the Financial Conduct Authority (FCA), and they should be listed on the Financial Services Register. Another safety measure you can take is to check if the website has a secure connection by looking for https in the address bar or for the padlock sign next to the URL.

For more information on borrowing money safely, click here.

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Repayment total

Repay over: 3 months, 2 monthly repayments of: £246.66, last month repayment of: £246.67