£1500 Loan

Looking for a £1500 loan? We offer affordable rates with a good/ bad credit score. Apply today and get your loan within 1 hour*.
Apply now for £1500
Borrow £1,200 for 9 months. 9 monthly repayments of £226.33. Total repayment £2,036.97. Interest rate p.a. (fixed) 145.71%. Representative APR 295.58%. Our Representative APR includes all applicable fees. Daily interest is capped at 0.47%.

Need a £1500 loan to pay for an urgent bill that just cropped up? You have come to the right place! We are a trusted direct lender and authorised credit broker and offer loans even with a poor credit history. Apply now for your 1500 loan, if approved and the consumer credit agreement is signed, the Cashfloat Team will fund you bank account within 1 hour*.

4,967 people
applied for
£1500 loans
in 2020.

Whether you need to borrow money for an emergency expense or home maintenance, Cashfloat can get you the cash you need fast. All you need to do is apply here, and you’ll get an instant decision.

All credit scores considered
Money in your bank account in 1 hour*, if approved
Repay early for free and save on interest charges
Apply now for £1500

Over how long can I borrow a £1500 small personal loan?

With Cashfloat, you can borrow £1500 over 6 or 9 months. Of course, you can always make early payments towards your loan or even close the whole payday loan early – both of which will save you money – using our savings calculator in the login area. For more information on rates and terms of different Cashfloat loans, click here.

Can I borrow £1500 loans if I’m on benefits?

Receiving benefits is considered a steady source of income and thus you can apply if you are a UK resident, have a UK bank account, and are aged over 18.

Can I get a £1500 loan with no credit check?

The Financial Conduct Authority do not recommend lenders that offer loans with no creditworthiness check. These lenders do not care about your financial safety.

Cashfloat is a responsible lender who cares about your financial health. We do not approve any loans, even £300 loans, without a credit check, since getting a loan that you can’t really afford will badly damage your financial situation.

The good news is that a bad credit score or a thin credit file doesn’t stop us from providing bad credit loans if we see that you can afford the repayments. If you are looking for a £1500 loan with bad credit than you have come to the right place!

Will Cashfloat approve a £1500 loan for bad credit?

A poor credit score makes finding a loan difficult. But not with Cashfloat. Whether you have a good or bad credit file, you’re welcome to apply for up to £2500, and there’s a good chance you’ll be approved if you have enough disposable income to repay the loan with bad credit. Be aware that if you have a bad credit report, the interest rates you are offered will be higher, so trying to repair your credit rating is a good idea.

58% of people who borrow £1500 loans are Male
59% of people who borrow £1500 loans are Single
Average age for people who borrow a £1500 loan: 34 years old
Most common job fields for people who borrow a £1500 loan are Sales, Customer Service and Warehouse
Top 3 cities where people borrow £1500 loans: London, Manchester and Birmingham
People who borrow £1500 loans earn an average of £2,593 a month

What are the other loan amounts available with Cashfloat’s small personal loans?

We offer small personal loans of £1000, £2000 and £2500, over 6 or 9 months. If you want to borrow a smaller amount then have a look at our best short term loan options, which are available for 3 to 9 months. Be aware that our direct lender payday loans are charged at a higher interest rate, so make sure you can afford the repayments. We advise you to use our loan calculator before applying for a loan to check how much you can afford with your current personal circumstances.

Why apply for a £1500 loan with a direct lender?

The application process with a direct lender is quicker than with a credit broker, since a broker has to wait for several lenders to process your application before offering you the best options. Brokers also may charge extra fees. At cashfloat you get the best of both worlds. We are first and and foremost a premium direct lender, if we can’t fund you the loan ourselves we will offer you our broker services at no extra cost.

What can I use my £1500 loan for?

Our loans should only be used for emergency expenses and not to alleviate long term monetary problems. Lets take a look at how our customers use their loans;

  • Urgent Home Repairs – Your boiler may have broken down, your washing machine stopped working, or you may have a leak in your roof. These urgent repairs can leave you and your family feeling vulnerable. Applying for a loan (even with a bad credit history) can help you fix these problems straight away.

  • Emergency Car Repairs – Cars break down when we least expect them. For most people, cars are their primary mode of transport. Your regular salary is often not enough to cover the repair costs. A small personal loan can help you pay for the repairs.

  • Emergency Travel Costs – Urgent travels are usually for family emergencies and unexpected events. Since they often come as a surprise, £1500 loans can provide you with enough money to buy plane or train tickets and other travel-related expenses.

Are £1500 loans available 24/7?

Our online application form is available 24/7, 365 days a year. We will process your application as quickly as possible, as we understand that people applying for loans are often in a tight spot and need the cash loan fast. If you apply on a bank holiday or weekend, we will process your application form on the next working day.

What if I can’t make a monthly repayment on time?

We understand that all it takes to mess up your budget is one emergency expense or unexpected bill. It happens to the best of us. As soon as you realise you will be unable to meet your monthly repayments with your current personal circumstances, you should contact our customer support team who will try to help you come up with an arrangement that suits your needs. Remember, before applying for a loan it’s important to check that you can afford the repayment terms.

Are £1500 loans online safe?

Before applying with any lender, make sure that they are fully FCA authorised. They should have an FCA number clearly visible in the footer and you can check that the details they provide on their website match the Financial Services Register. Companies that have an interim FCA permission can be trusted as a safe and responsible lender, and companies that have FULL FCA permission are the best and most reliable types of firms to use.

Western Circle trading as Cashfloat holds a full FCA permission that enables us to provided consumer credit under the Financial Conduct Authority’s rules and regulations. This can be confirmed further on the FCA website.

Warning: Late repayments can cause you serious money problems. For help, go to moneyhelper.org.uk.