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 £600?
With Cashfloat, you can borrow £600 over 3, 4 or 5 months. You can also repay your loan early if you have the money, and thereby save on the interest you would be charged on the monthly repayments. Cashfloat don’t charge a fee for early repayment, so this is worthwhile if it’s an option for you.
Can I get a £600 loan with bad credit?
We know that it’s harder to find a loan with bad credit, and also that people with bad credit also come across unexpected expenses and sometimes need loans to tide them over. That’s why we do our best to offer loans to applicants with bad credit, as long as they can afford it. It’s worth looking into repairing your credit though, as bad credit loans are charged at higher interest rates.
Why should I rather borrow a £600 loan from a direct lender?
The application process is faster with a direct lender as it’s just one company that review your pplication. A broker on the other habd, sends the application to several companies, and gets back to you with the loan options that you were accepted for. A broker often charges an extra fee for this service, so if you want to save money and get your loan quicker, direct lenders are the way to go.
Can I get a £600 cash loan with no credit check?
Cashfloat cannot offer loans with no credit check since as an FCA authorised lender, we look out for the financial safety of our customers. We make sure that they can afford a loan before approving it, through credit checks, thereby preventing damage to their financial situation from a loan they cannot afford.
Can I apply for a £600 loan if I’m on benefits?
Yes, you can. As long as you have a steady income, benefits included, and pass our affordability test, you have a high chance of being approved.
Can I get a short term loan alternative with Cashfloat?
If you are looking for a lower interest option than our short term loans, you can apply for a small personal loan of up to £2500. These are cheaper as they have lower interest rates and are repaid over a longer time period. The longer repayment span of small personal loans means that you have longer to get back on your feet after an emergency expense has affected your finances.
What if I can’t make a monthly repayment on time?
We understand that all it takes to mess up your budget 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.
Who is eligible to apply for a £600 loan?
As a responsible lender, Cashfloat requires all applicants to meet the following criteria:
- Be a UK citizen
- Hold a UK bank account
- Be at least 18 years old
- Have a steady source of income (salary, pension, benefits, etc.)