Payday Loans Online

We're a direct lender. Borrow money whatever your credit score. Easy application process. Fast funding. Flexible repayments.
RAPR 611.74%
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%. All our loans are available for a duration of 3 to 9 months.
Warning: Late repayments can cause you serious money problems. For help, go to

Direct payday loans online

If you need £300-£1500 now but your salary is just out of reach, you are at the right place. We are a direct payday loans lender. You can get your money directly to your bank account today and pay it back within up to 6 months. Our repayment period is flexible, and we never charge early repayment fees so you can be in control of your repayment terms every day.
Same day funding
Apply 24/7 online and get an instant decision. If approved, we’ll fund your loan same day directly to your bank account. If we need bank statements or payslips, you’ll be contacted within 1 business day.
5* customer service
Top rated service in the UK financial services sector. Our devoted customer service agents are available via phone, email or live chat if you have any problems or just need to ask us a quick question.
Payday Loans in general
About Cashfloat’s pay day loans
Loan for people with bad credit
Who is eligible for pay day loans?
How to protect yourself from online scammers

Cashfloat is a Payday Loans Direct Lender

A responsible lender will constantly assess if a payday loan is the right financial instrument for you. Many payday loan companies in the UK are authorised by the FCA to only act as loan brokers but not as direct payday lenders. If a payday loan alternative is available for you, please check if it is more affordable before taking a payday loan online.

Obtaining a short term credit online is a decision you need to consider. Applying online for a short term loan with a responsible payday lender like Cashfloat is easy and safe. Please remember that late repayment can make your loan more expensive. Always ensure you can afford your loan repayment before applying for short term credit.

Cashfloat is a fully authorised direct lender operating in the UK. If we can’t approve your loan, we’ll offer to act as a broker and find a lender who can, but only with your permission.

Have an Emergency? Cashfloat Can Help
Broken appliance? Find out if you should repair or replace.
What help with health costs are available?
Payday loan or overdraft?
Stuck with rent money? Read this.
Finance emergency car repairs.
How to keep up with bills.

Our payday loans are designed specifically to cover emergencies and should never be used to try solve a long-term money problem!

How to apply for our online payday loans

Payday loans for bad credit

At Cashfloat, we believe that everyone should be able to access affordable credit in an emergency.

Are you worried that your credit score isn’t up to scratch? Don’t worry — you can still apply with Cashfloat. Your credit rating is just one of the many factors we consider when reviewing your loan application. With Cashfloat, you can get a loan for good credit, fair credit, average credit, bad credit or even with no credit history at all. As long as we see that you can afford the loan in your budget, we’ll consider your application.

Our loans range from £300 up to £1000*, and you can get the money on the same day if approved. Apply now and get an instant decision!

What are bad credit payday loans?

Bad credit payday loans are unsecured loans for people who have a very poor credit file. At Cashfloat, we believe that everyone should be able to access affordable credit in an emergency. A credit score is just an arbitrary number, which is why we care more whether you can realistically afford the loan or not. Before applying for a bad credit loan on our website, use our free online affordability calculator to work out how much you can afford to borrow!

Do all lenders check your credit score?

It’s considered best practice for lenders to carry out a credit check before approving an applicant. This is to help the lender assess if the customer can afford the loan, and that borrowing credit won’t harm them financially. Although payday loans with no credit check from a direct lender might seem like a great product, they can actually damage your finances. Direct lenders or brokers offering no credit check loans in the UK may not be FCA regulated and could potentially be loan sharks.

How can I improve my credit?

  1. Register to vote
  2. Pay your bills on time
  3. Work on paying off outstanding debts
  4. Only use 50% of your available credit
  5. Avoid overdrafts
  6. If you do need to borrow money, pay it back on time

What our customers say

I used them for 3 loans and I can confidently say that they are a fair lender. I’ve had a small issue with one of my accounts and Emma from Compliance was very helpful to help me resolve it. They are trustworthy and I cannot recommend them more. All the best!
Bruno, 29 Oct 2020, Trustpilot
Excellent service, easy application, quick payout and reasonable interest. Life saver as others are not so understanding of the effect of Covid on finances. Great option to settle early and reapply.
Anonymous, 25 Jun 2021,
I had 1 loan with these and found it so easy to to keep track of my payments and they were so helpful when my payday changed. Would recommend to anyone
Adrian W, 25 Jun 2021,
I applied for some extra cash for Xmas expenses and literally I’ve done it in the morning while still in bed and before I got up money was on my account. I just logged into my acct and applied without filling the details again. Took 3 minutes. That’s the company which doesn’t reject people who have not a perfect credit score.
Paula, 27 Jan 2021, Trustpilot
Cashfloat is a consumer favourite for payday loans in the UK.

From the very beginning, we’ve worked hard to create a gold-standard for fair borrowing. We’re committed to full transparency, higher acceptance rates and fair and flexible loan repayments. We understand how frustrating it can be when lenders repeatedly decline your loan application. This won’t happen again if you meet our affordability criteria before you apply. We are a direct lender that puts our customers’ needs and requirements before our own. Always.

Here are some frequently asked questions:

What are payday loans?

Payday loans are small, unsecured short term loans that are lent at a high rate, with both the principal and interest repaid in monthly instalments, usually on the borrower’s pay day. The most common type of payday loans are designed for emergency use only, and should never be used to try and solve a long term money problem.

What is a payday loan direct lender?

A direct lender processes your application and lends you money directly. In contrast, when you submit an application to a broker, they don’t lend you the money themselves but sell your details to direct lenders for a fee. The company that bought your application will then decide whether or not to lend to you. Our opinion: If you need a quick loan, borrow money from a direct lender only, not a broker.

What makes online payday loans different to bank loans?

The main differences between a bank loan and an online payday loan in the UK are the speed and ease of access. When you apply for a loan from a bank, you usually have to go through a fairly complicated process including meetings, paperwork and a long wait. Online payday loans from a direct lender are very different in this regard. Cashfloat’s entire loan application process is purely online, and the form only takes a couple of minutes to fill out. You will then receive an instant online decision, and if approved, we’ll send the money within one hour.

Can I apply for a payday loan if I have bad credit?

Yes, you can. Cashfloat is a bad credit direct lender that is fully authorised and regulated by the UK’s Financial Conduct Authority. Although some lenders will not approve people with poor credit unless they have a guarantor, our brand new technology makes instant loans accessible online for more people in the UK no matter what their credit score! Apply today for your bad credit payday loan!

Can I get a cheap payday loan?

Pay-day loans are expensive, but with our new easy start option, we provide lower APR payday loans even for people with bad credit. This makes the loan cheaper and more manageable. Other lenders might offer more expensive loans to people with poor credit to lower the risk that they might not repay. At Cashfloat, if we see you can afford the loan repayments, we will be happy to provide you with a cheaper payday loan no matter your credit score.

Can I get a payday loan with no credit check?

Lots of people ask us about getting no credit check loans with guaranteed approval. While this may sound tempting, payday loans in the UK with no credit check are not recommended as credit checks help lenders assess whether to lend to you or not. Please keep in mind that any FCA authorised lender in the UK will perform a basic credit check. Don’t let a bad credit score keep you away from reputable lenders.

Will a loan improve my credit rating?

Taking out a loan can have both a positive or negative impact on your credit profile. This will depend upon how you manage your repayments. If you’re repaying on time, this can help to improve your credit rating because you are showing that you are responsible with your money. On the other hand, if you are late with the payments or miss them altogether, this can harm your credit rating.

Can I apply on benefits?

If you’re unemployed or on benefits, you can still apply for a loan with us. Many people think that doorstep loans are the only kinds of loans available for people on benefits since you don’t need a bank account and approval rates are higher. However, doorstep cash loans for the unemployed are often not well regulated and may be unsafe. Stay safe and apply today for a loan on benefits with a direct lender.

How do I get the best rates?

If you want to get the best payday loan rates in the UK, a good credit score will be a big help because it indicates financial responsibility, which lenders are looking for. At Cashfloat, we take your broader financial picture into account and focus on affordability over your credit rating to offer you the best payday loan deals. We provide the same loan rates to all our customers regardless of the credit score.

Do you offer 100% acceptance?

Cashfloat offers high acceptance payday loans from a direct lender, for customers with all types of credit. However, since every applicant’s circumstances are different, our loans may not be the right fit for everyone. We are committed to lending responsibly, so we can’t guarantee 100% acceptance.

What happens if I can’t repay?

At Cashfloat, we understand that life is messy and unpredictable. If you can’t make a repayment, it’s tempting to hide from your creditors. If it does happen that you are unable to pay your loan back on time, don’t worry! Just give us a call and one of our friendly representatives will help you set up a manageable repayment plan! Treating customers fairly is one of our biggest priorities and we will make every effort to ensure you are happy with your new arrangement.

Can I get an alternative to payday loans?

Yes, if you are looking for a bigger loan with cheaper interest rates, we have the perfect alternative. You can apply for our small personal loans and get up to a £2,500 loan over a longer period than our payday loans. The cheaper rates on our small personal loans also make them far more affordable and can help you finance larger expenses without getting stuck into a continuous cycle of debt.

Are Cashfloat payday loans unsecured?

Yes, all our loans are unsecured. This means that when you apply for a loan with us, we’ll never ask you for a guarantor or collateral to secure your loan – even if you have poor credit. Applying for an unsecured loan is a lot easier than applying for a secured loan as there is far less paperwork and much shorter processing times.

If you are having trouble being accepted for an unsecured loan with bad credit, it may be worth trying to improve your credit rating.

How long does it take?

With Cashfloat, once you complete our 3 minute application form you can get an instant decision and same day funding if approved. Although many people who apply for instant payday loans assume that they will receive their money straight away, all responsible lenders will need to perform some checks. As a trustworthy lender, we will always carry out the necessary credit and affordability checks before we approve a loan request.

How much do you need?

Other amount

Ready to apply?

Repayment total

Repay over: 3 months, 2 monthly repayments of: £246.66, last month repayment of: £246.67