Do you need £2,000 to cover an emergency like home repairs that suddenly need doing? If so, you’ve come to the right place! The Cashfloat team offers unsecured personal loans for customers with any credit rating. Complete your loan application today, and put your financial emergency behind you.
Whether you need to borrow money for home repairs or something else, like car repairs, Cashfloat can quickly get you the funds you need. Apply online and get an instant decision.
Do Cashfloat offer £2,000 loans with bad credit?
Absolutely! At Cashfloat, we believe that people with poor credit scores should have access to money when they need it, as long as they can afford to repay what they borrow.
When we assess applications for £2,000 loans, we look more closely at an applicant’s level of affordability than we do at their credit score. We look to see if a customer has enough disposable income to meet the repayment terms. If we believe they do, then there’s a good chance we’ll approve them for a loan, even if they’ve got a bad credit score.
We also don’t charge extra to people who have poor credit scores. With some loan companies, having a bad credit score can make your loan more expensive. Cashfloat, however, charge the same interest rate whether your credit history is bad or perfect.
Over how long can I borrow a 2,000 pound loan?
With Cashfloat, you can choose to repay a £2,000 loan over either six or nine monthly instalments. If you’d like to shorten the repayment period, you can also repay your loan early. At Cashfloat, we don’t charge any extra fees for early repayments. So if you have extra cash available, why not save yourself some money on interest and close your loan early.
Why is it better to borrow a £2,000 loan from a direct lender?
Getting an unsecured personal loan from a direct lender is much better than getting one from a broker. Here are a few reasons why:
- The loan application process is quicker than with a broker
- Brokers may charge extra fees for their service
- No third parties are involved – this means your details are safe
At Cashfloat, first and foremost, we’re a premium direct lender. Come to Cashfloat for the direct lending experience. However, if we cannot fund you a loan ourselves, we can act as a broker to try and find you an alternative lender. We don’t charge any fees for this service.
Who can apply for a £2,000 loan with Cashfloat?
To apply for one of our unsecured personal loans, you must meet the following minimum requirements:
- Be at least 18 years old
- Be a UK resident
- Hold a UK bank account
- Have a steady source of income.
Is it best to get a £2,000 loan with bad credit from a direct lender?
Getting a £2,000 loan with a poor credit score is no simple feat. Your best bet is to apply with a direct lender that specialises in providing loans to applicants with a poor credit history. These direct lenders are equipped to help those with bad credit, and you are more likely to be approved for a loan with them. Many lenders automatically decline customers with a bad credit history. Cashfloat is a direct lender that specialises in lending to customers with bad credit. Apply today for £2,000.
Can I get a £2,000 loan over 3 years?
Some personal loan companies may offer longer loan terms, such as 3 years or more. At Cashfloat, our loans are designed for emergencies (and not to pay off large existing debts), and we want them to act as low interest short term loans. Our loan terms do not stretch longer than 9 months.
I need an urgent £2,000 loan. When can I get the money?
If you need to get hold of money urgently, say if your boiler’s broken down, you’ve come to the right place! Our systems are set in place so that when you apply for a loan, you can get the money quickly and with minimum hassle. After you submit an application, you’ll get an instant decision. If you’re approved, the money can be in your account within one hour*.
We use the Faster Payments Service to facilitate quick payments. Almost all banks support Faster Payments. If your bank doesn’t accept them, you’ll still receive your cash the same day as approval, as long as you’re approved by 4.30pm.
Are £2,000 fast cash loans more expensive because of immediate payment?
Some companies may charge more to get you your loan faster. At Cashfloat, however, all our loan applications are processed straight away, and we send immediate payments out as standard as well. We never charge any extra fees to get you your loan faster.
Can I get a £2,000 loan with no credit check?
Being a responsible lender, we conduct credit checks for every application. If you’re looking for a £2,000 loan with no creditworthiness check, you should be careful. Lenders offering this kind of loan may not be authorised and regulated by the Financial Conduct Authority (FCA). It’s best to stay away from lenders like this. They could even be loan sharks, and you could end up in financial trouble.
Creditworthiness checks are conducted for the borrower’s safety. They help to prevent people from borrowing money they can’t afford to repay. Don’t be put off, though, if you’ve got a bad credit score. There are specialist lenders that will provide loans to people with bad credit scores. In fact, Cashfloat are one of them. Look at our page about loans for people with bad credit scores.
Remember that having a credit check carried out by a lender may affect your credit file, mainly depending on whether they conduct a hard or soft credit check. At Cashfloat, we’re responsible lenders, and so we have to complete a credit check on all applicants. However, we just carry out a soft credit check initially, and we only carry out a hard credit check when we actually fund a loan.
How can I use the Cashfloat loan calculator?
You can use the Cashfloat loan calculator to see what your borrowing options are with Cashfloat. You can compare different loan amounts and repayment periods. You’ll also get a complete breakdown of your monthly repayment amounts, and you’ll get to see the APR, the total interest you’ll pay and the total amount you’ll repay.
As well as our loan calculator, we also have an affordability calculator. If you tell us your monthly income, how many dependents you have and give us some details about your household expenses, we’ll show how much we think you can afford to borrow. Applying for the amount you can afford to borrow according to our affordability calculator, will increase your chances of being approved.
Where can I get the best interest rates for a £2,000 loan?
Cashfloat offer interest rates consistent with fair lending standards for people who want to borrow £2,000. It’s always important to take a loan from a lender that gives good rates, like Cashfloat. Check out our interest rates on our loan calculator.
Remember that there are other things to think about as well as the interest rate you get. Depending on your personal circumstances, you might also want to think about the speed at which you’ll get your loan, whether bad credit scores are accepted and what reputation the company you’re borrowing from has.