£300 Loans

Borrow a £300 loan from Cashfloat, and get the money in your bank account today! All credit scores considered.
Apply now for £300
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%.

Do you need to take out a £300 loan? You can do it right here with the Cashfloat team! We’re a trusted UK direct lender specialising in loans for people with poor credit scores. Apply now, and get the money in your bank account today.

58,110 people
£300 loans
in 2020

Whether you need to borrow money to get a home appliance repaired, to fix a leaking roof or for another emergency expense, Cashfloat can get you the funds you need fast. All you need to do is apply here, and you’ll get an instant decision. We’ll also get the funds to your account in an hour if you’re approved*.

Apply with a perfect credit history or a bad credit history
Get the money in your bank account in 1 hour* if you’re approved
Make regular monthly payments, or repay early to save money
Apply now for £300

How quickly can I get a £300 loan?

At Cashfloat, we aim to give an immediate response on payday loan applications and to get the funds to people within an hour* if they’re approved.

As a regulated lender, we have to complete a credit check for every applicant to make sure giving them a loan won’t cause them financial distress. So we can’t just pay out loans instantly and automatically. We do, however, work as fast as we can to give lending decisions and send the funds.

We also don’t charge a fee for providing fast loan payouts. Other lenders sometimes add a fee if you want to get a fast payout.

Over how many months can I borrow £300?

With Cashfloat, when you take out a £300 loan, you get three months to pay it back. You’ll begin paying your loan back in the next month after you take it out, and your payments will normally be split into three equal instalments. You can get longer repayment periods if you borrow larger amounts of money. Cashfloat payday loans can be taken out for amounts from £300 to £1,500, and they can be repaid over up to nine months. The exact amount of time you get to repay a loan depends on both the amount you borrow and your own choice.

You can use the Cashfloat loan calculator to look at your different borrowing options. You’ll get to see what your monthly repayments will be, what APR you’ll get and how much total interest you’ll pay for different loan amounts and repayment periods.

Did you know? At Cashfloat, we offer a feature called Easy Start, and it’s available on all our payday loans. If you opt to use it, this feature allows you to adjust your payments into more manageable amounts and over a longer duration. All at no additional cost! Find out more about Easy Start here.

Can I repay my loan early?

Yes! With Cashfloat you can repay your loan early, and we won’t charge you any fees for doing so. You’ll also save on the total amount of interest you’ll pay. Other lenders often charge fees to people if they want to repay a loan early. At Cashfloat, you can make early payments, whether they’re partial payments or you want to completely close your loan earlier than originally planned. We won’t charge you anything if you do.

If you’ve got a Cashfloat loan and you’d like to make an early repayment, you can do so in the login area.

Can I get a £300 loan with a bad credit score?

With some lenders, having a bad credit score makes it impossible to get a loan. But with Cashfloat, things are different.

At Cashfloat, we don’t believe that your credit score tells us the complete picture about you. Sometimes people have a bad credit score and a poor credit history, but they can still afford to take out a loan. That’s why at Cashfloat we place more importance on an applicant’s level of affordability than their credit score. We carry out affordability assessments. If you demonstrate that you can afford a loan despite having a poor credit score, then there’s a good chance you’ll be approved for one.

Whatever your credit score, you can apply to borrow up to £1,500 today.

It is, of course, still a good idea to keep track of your credit score and improve it if you need to. You can monitor your credit score with one of the three major credit reference agencies, or you can sign up to a service like Credit Karma. Remember to pay all your bills on time and to get on top of your financial situation if you want to improve your credit score.

Can I get £300 loans with no credit check?

Not with Cashfloat, no. Credit checks are still an important thing that need to be carried out as part of responsible lending. Cashfloat are trustworthy lenders, we’re regulated by the Financial Conduct Authority (FCA), and we care about your financial safety. Credit checks are required by the FCA, and they help to identify situations where someone shouldn’t take out a loan. Even for small amounts like £300, we always complete a credit check. Nonetheless, with Cashfloat, people with bad credit scores can still get approved for a small Cashfloat loan without taking the risk of applying with an unauthorised lender. If you demonstrate that you can afford a loan, there’s a good chance you’ll be approved with Cashfloat.

57% of people who took out a £300 loan are Male
63% of people who took out a £300 loan are Single
Average age for people who took out a £300 loan is 35 years old
Most common job fields for people who took out a £300 loan are Customer Service, Warehouse, Sales
Top 3 cities where people who took out £300 loans live: London, Manchester and Liverpool
People who took out £300 loans earn an average of £2,563 a month

FAQs about £300 payday loans

Where can I get the best £300 loan?

If you’re looking for a £300 online loan, you’ll find lots of websites that offer them. The most important thing is to make sure, before you sign any consumer credit agreement, that you’re applying with a safe and authorised lender. You can check if a lender is authorised and regulated by the Financial Conduct Authority by checking the Financial Services Register.

Cashfloat is a registered trading name of Western Circle Ltd, which is based in the UK and has a registered office at Office 8, 2a Highfield Avenue, NW11 9ET. You can find us in the Financial Services Register here.

Who can apply for a £300 loan with Cashfloat?

To apply for a loan with us, you need to live in the UK, have a UK bank account, be over 18 years old and have a reliable source of income. As long as you fit these basic eligibility criteria, you can apply on our website.

How do I apply for a £300 Cashfoat loan?

All you need to do to apply for a £300 loan is fill out the online application form here.

It takes less than five minutes to complete a loan application with Cashfloat. Once you’ve submitted your application, you’ll get a fast decision, letting you know if you’ve been approved, declined or if we need further information from you. Most loan decisions are made within 30 minutes. If you’re approved, the money will be funded to your bank account within an hour*.

If your application is delayed and you’d like to speed it up, call us on 0203 757 1933 and press option 1 to talk to one of our underwriters.

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

At Cashfloat we understand that budgets get knocked off kilter by new financial emergencies, lost income or other difficult situations. It happens to the best of us. As soon as you realise you can’t make a monthly repayment, you should contact our customer support team. They’ll try to make new repayment arrangements that suit you better.

As another reminder, always check that you can afford the repayments for a loan before you take one out.

Why should I only take a £300 loan from a direct lender?

It’s always better to apply for a loan from a direct lender rather than a credit broker. Credit brokers take longer, they charge a fee for finding you a loan, and they send your personal details to all the lenders they look for a loan with. Going through a broker is good if you’re struggling to find a loan, but you should always try to find a direct lender first.

Cashfloat are direct lenders and brokers. First we’ll try to give you a loan directly. However, if we’re unable to offer you one, we can act as a broker and find an alternative lender that can provide the financing you need. We’ll only do this with your permission, of course.

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