We offer small loans ranging from £300,
even if you have a bad credit score!
Whether you need to borrow money for an emergency expense or car 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.
Over how many months can I borrow £300?
Did you know? Cashfloat offer an Easy-start feature on all payday loans which allows you to break up your payments into more manageable amounts and over a longer duration, at no additional cost! Find out more about Easy-start here.
Can I get a £300 loan with bad credit?
Having bad credit makes it hard to get a loan. But with Cashfloat it’s different. Why? Simply because we think your credit score is just an arbitrary number that can be distorted by a poor credit history or mistakes on your credit file. Of course, you should still keep track of your credit score, and credit building tools that have all-in-one features can be useful for this. For example, some credit building tools will request corrections for you from credit reference agencies if you find a mistake.
But whatever your credit rating, you’re welcome to apply for up to £1,000, and theres a high chance you’ll be approved if you pass our affordability test. Check out our free affordability calculator to see if you can afford a loan with us!
How quick can I get £300 loans?
Your application could be processed within minutes, and you could receive your loan within an hour of approval. As a regulated lender, Cashfloat have to check your credit file to make sure that the loan won’t cause you financial distress, which iswhy we can’t pay out loans instantly. However, we do provide instant decisions so you won’t waste time waiting to see if your application is approved or declined.
Can I repay my loan early?
Of course! You can always make early payments towards your loan or even close the whole loan early – both of which will save you money – using our savings calculator in the login area.
Can I get £300 loans with no credit check?
No. Cashfloat is an FCA authorised lender who cares about your financial safety. Even for small amounts like £300, we don’t offer loans with no credit check because they can seriously damage your finances if you can’t really afford to borrow credit.
Credit checks are carried out for your own safety, and people with bad credit scores can still get approved for small loans online without taking the risk of applying with an unauthorised lender.
FAQs about £300 payday loans
How do I apply for a £300 loan?
All you need to do to apply for a £300 loan is fill out the online application form here. This only takes about 2- 5 minutes. Once you’ve submitted the application, you’ll get an instant decision letting you know if you’ve been approved, declined, or if we need further information from you. If you’re approved, the money will be funded to your bank account within 1 hour. If your application is under further review, we’ll need more information from you. If you’d like to speed up the process, call us on 0203 757 1933 and press option 1 to talk to one of our underwriters.
Who can apply for a £300 loan?
To apply for a loan with us, you’ll 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.
Where can I get the best £300 loan?
If you’re looking for a £300 loan online, you’ll see lots of websites offering £300 loans. The most important thing to make sure before you sign any consumer credit agreement is that you’re applying with a safe and authorized lender. You can check if a lender is regulated by the Financial Conduct Authority by checking the Financial Services Register here.
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.
What if I can’t make a monthly repayment on time?
At Cashfloat we understand that all it takes to knock your budget off kilter is one emergency expense or appliance repair. It happens to the best of us. As soon as you realise you will be unable to meet your monthly repayments, you should contact our customer support team who will try to help you come up with an arrangement that suits your needs. As a reminder, before applying for a loan it’s important to check that you can afford the repayments.
Why should I only take £300 loans from a direct lender?
It’s always better to apply for a loan with a direct lender rather than an authorised credit broker. Even a licensed credit broker will give your information to multiple lenders to check, making it less safe. Of course, broker services can sometimes come in handy if you have very bad credit and need to apply to many lenders in one go, but if this is not the case, you should apply with a direct lender.
Cashfloat is a direct lender and a broker. We process your application directly, and if we are unable to offer you a loan, we can act as a broker and find a lender to provide the financing you need (with your permission of course).