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 £500?
With Cashfloat, you can borrow £500 over 3 or 4 months. A big perk of borrowing with Cashfloat is that you can always repay early at no extra cost, and save on all that interest.
Can I get a £500 loan with bad credit?
At Cashfloat we offer loans for bad credit, so long as you pass our affordability test. Be aware that loans for bad credit are always charged at higher interest rates, so look into repairing your credit in order to save on borrowing costs in the future.
How quick can I get £500 loans?
Your application could be processed instantly, and you could receive your loan within one hour of approval. Being a regulated lender, Cashfloat don’t offer instant loans since we have to check that customers can afford loan repayments before approving the loan. We do provide instant decisions though, so you won’t waste time waiting to see if you’re approved.
Can I get a £500 loan with no credit check?
Borrowing credit that you can’t really afford, will leave your financial situation in a mess. As an FCA regulated lender, Cashfloat is required to check that potential customers have the means to repay what they borrow before lending to them. Be wary of lenders who offer loans with no credit check- they do not have your financial safety at heart.
Can I get a £500 loan at low interest rates with Cashfloat?
What if I can’t pay a monthly instalment on time?
We understand that unexpected expenses come up here and there, and it’s not uncommon for a planned budget to be thrown off due to a car repair. As soon as you realise that this month’s payment is a problem, contact our customer service team and explain the situation. They will work with you to try and renegotiate a repayment plan that you can afford. As a reminder, before applying for a loan check that you can afford the repayments.
Why should I only take a £500 loan from a direct lender?
With a direct lender, the application process goes quicker, and you’ll likely receive your loan faster. Additionally, brokers often charge extra fees for finding you a lender, while with a direct lender such as Cashfloat there are no hidden fees.
Who is eligible to borrow 500 pounds?
In order to apply for a £500 loan with Cashfloat, you must be over 18, be a UK citizen, hold a UK bank account, and have a steady source of income.