Cashfloat’s 4 month loans range from £300 – £1000 and are designed to pay for small emergencies with manageable monthly repayments. Apply for our 4 month loans and have the loan amount in your UK bank account within 1 hour, if approved – even with a bad credit score!
Whether you need to borrow money for an urgent medical expense or emergency home repairs, Cashfloat can get you the cash you need quickly. All you need to do is apply here, and you’ll get an instant decision.
How much can I borrow for 4 months?
With Cashfloat, you can borrow amounts between £400 and £1000 over 4 months. The repayments will be four equal monthly amounts, so make sure you can afford the monthly repayment by using our affordability checker.
Can I get 4 month loans with no credit check?
We are fully authorised by the Financial Conduct Authority and perform all the necessary credit and affordability checks before approving an applicant to ensure that our customers don’t damage their finances by taking loans they cannot afford. We don’t offer loans with no credit check because we have to confirm that you can afford repayments on any loan we approve. Don’t be tempted by lenders that advertise “no credit check loans” as they do not have your safety in mind, and the interest rates they charge will be costly.
Always check that the direct lender you are applying with has a valid FCA reference number on their website and that the details match what is listed on the Financial services register.
Why should I take 4 month payday loans from direct lenders only?
Applying with direct lenders such as Cashfloat means a quicker application process and, therefore, faster receipt of the money. Also, when applying with a direct lender, you can be sure that your personal details are not travelling further, whereas with a loan broker, they will often have to pass on your details to other lenders.
Can I apply for a 4 month payday loan when on benefits?
To apply for a Cashfloat loan, you need to have a steady source of income, and benefits fit that bill. However, since loans can be expensive, it’s worth checking that you are receiving all the benefits you are eligible for before taking out a payday loan.
59% of people who borrow 4 month loans are Male
60% of people who borrow 4 month loans are Single
Average age for people who borrow a 4 month loan is 35 years old
Most common job fields for people who borrow 4 month loans are Customer Service, Warehouse and Sales
Top 3 cities where people borrow 4 month loans: London, Manchester and Glasgow
People who borrow 4 month loans earn an average of £2,098 a month
Can I repay a 4 month loan early?
One of the benefits of taking out a loan with Cashfloat rather than another lender, is that you can repay your loan early for free. This will save you all the interest you would have paid on the loan until the planned time of repayment. Many lenders charge an extra fee for early repayment, but with Cashfloat it’s free!
Are 4 month loans available 24/7?
You can apply using our online application form, at any time of day, any day of the year. We will process your application as quickly as possible. If you apply on a weekend or bank holiday, we will review your application on the next working day.
Can I get a 4 month loan with bad credit?
Yes, Cashfloat offer bad credit loans over 4 months. We weigh affordability over your credit rating. As long as we see that you can afford the repayments, we will happily consider your loan application.
Do Cashfloat offer low interest alternatives to 4 month loans?
Since 4 month loans are a short term finance option, they are charged at high interest rates. If you’re looking for a cheaper option, and want to borrow £1000 or more, take a look at our small personal loans. They are available for 6 or 9 months,, for amounts between £1000 and £2500.
What if I can’t make a loan repayment on time?
As soon as you realise that it won’t be possible to make the repayment as scheduled, contact our customer service team and explain the issue. They will try to work with you to renegotiate a plan that will work for you.
Am I eligible to apply for a 4 month loan with Cashfloat?
Before applying for a loan with us, you must meet the following eligibility criteria:
Be living in the UK
Hold a UK bank account
Be 18 years +
Have a reliable source of income (this may include pension and benefits).
Does Cashfloat charge any fees for a 4 month loan?
We are a fair and transparent direct lender and will never charge fees for using our service even if we can’t fund you a loan. When you fill out your 4-month loan application, we will always show you the interest rate, RAPR and the total cost of the loan. There are no hidden fees, and you can always repay your loan early to save on interest at no extra charge.