Has your water pipe burst? Or your tire gone flat? Maybe your washing machine died? Emergencies happen when we least expect them, and you probably don’t have the cash handy for repairs. If you need to borrow credit quickly to cover an emergency expense, you’ll still want to find the best loans for your needs. Cashfloat is a trusted payday lender offering some of the best loans in the UK, designed to meet your unique needs. The best loans available are the safest loans, and we encourage you to do proper research on potential lenders. Making a point to compare short term loans in the UK is a great way to ensure that you get good loans from a safe and reliable lender. 

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How do I get the Best Loan Rates?

Once your application is approved, the interest rate on your loan will be based off of several factors:

  • The representative APR
  • Any promotions or discounts
  • Cashfloat’s Easy Start Option

If you want to get the best loan rates in the UK, a good credit score will be a big help. Your credit rating is one way for lenders to measure your creditworthiness, and a higher score indicates a history of making timely repayments. This is a big plus on your application, and means you’ll have access to some of the best loan interest rates out there. 

Don’t panic if your credit score isn’t up to scratch! Cashfloat takes your larger financial picture into account and focuses on affordability over your credit rating. We accept applicants with all types of credit scores, and you’ll still be able to choose from some of the best payday loan rates on the market. At Cashfloat care about our customers, and we encourage you to improve your credit score so you can access the best loan rates anytime you need to borrow credit.

The representative APR that lenders display on their website is the rate that they give to more than half of their customers, so it gives you a good picture of their rates in general and helps you compare the best loan interest rates. 

If the lender is offering any discounts on interest, this will impact the rate you get on your loan. These discounts might be a promotional offer for first-time customers or a thank you to repeat customers. 

Finally, if you choose one of Cashfloat’s best interest loans, you can apply with our new Easy Start option. This feature gives you an extra month to repay your small loan online entirely interest-free and cuts your personal APR in half! Cashfloat’s Easy Start loans are one of the best APR loans on the short-term market—fill out your application now to experience the difference!

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Looking for the Best Payday Loans in the UK?

Borrowing short term credit is an expensive option, but it may be necessary in an emergency. The best payday loans will help you cover an emergency expense i.e an urgent medical bill, and give you an affordable and flexible repayment plan that you can work into your budget. 

Cashfloat is one of the best payday loans bad credit direct lender on the market with an outstanding team of dedicated customer service representatives. Attentive and understanding customer support is the hallmark of the best loan providers. If you need help at any point in the loan process, you can easily reach us via phone, email, post, or online chat.

When you need a loan for an urgent expense, time is of the essence. Cashfloat offers affordable online payday loans with a quick application, instant lending decision, and if approved, funding within the hour*. 

Look at what our customers have to say about our payday loans: 

Amazingly efficient and very easy process, no hassle which is what you want when already in a stressful situation, would well recommend to anyone looking for a fast easy loan to get them out of a pickle!” -Anonymous

Read more reviews here.

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Compare loan companies

When you need to borrow credit, it’s very recommended to compare loan companies to find the loan provider that best meets your needs. There are a couple of key ways to determine whether you are applying with the best direct loan company in the UK, here are a few:

  • APR – The annual percentage rate gives you a clear picture of how much interest a lender charges. APR is the first thing to compare when looking for the cheapest and most affordable loan option.

  • Safety of the lender – You want to apply to a lender that you can trust. You can check whether a lender is FCA authorised by looking on the FCA register.

  • Repayment terms – You may want to compare the lender’s flexibility when it comes to repaying your loan, i.e. can you repay early and save on interest.

  • No hidden fees – When comparing your loan options, make sure there are no hidden fees, and that the lender’s terms are entirely transparent. You don’t want unpleasant surprises later on.

You can also use a loan calculator when comparing loan providers.

 Click here for our payday loan comparison guide.

What are the best loans for bad credit?

The best short term loans for bad credit are loans from safe lenders that can provide you with a lower interest rate and flexible repayment terms. This will make repaying your loan on time easier, thereby significantly improve your credit rating. However, don’t get fooled by lenders offering the best payday loans in the UK with no credit check or 100% approval. These lenders are very often loan sharks who can ruin you financially. However, Cashfloat is fully GDPR compliant. So, if you are looking for the best payday loans for bad credit in the UK, you can click here to apply, and join over 100,000 happy customers who we have helped.

Am I eligible for the best short term loans?

At Cashfloat, we offer some of the best short term loans in the UK. If you want to apply for short term credit with us, you must meet the following criteria: 

  • Over 18 years old
  • A UK resident
  • Hold a UK bank account
  • Have a steady source of income

At Cashfloat, we strive to help you get the best short term loans, even with bad credit. As an ethical lender, we will also carry out several credit and affordability checks before approving an applicant.


Cashfloat Loans

Cashfloat is a trusted lender in the UK offering fast and affordable payday loans between £300 and £1500 over 3-9 months. All our loans are processed, approved and funded by our expert team. They are available to assist you with any questions or difficulties you may encounter at any point in the loan process. We are here to help you even if you have bad credit. If we aren’t able to fund you a loan ourselves, we are also a credit broker, and we will help you find another lender who can better meet your needs. Apply now to experience the Cashfloat difference.

Representative example

Total amount of credit: £700
Duration of the agreement: 6 months
Repayment total: £1,179.05
Interest is Fixed at rate of 185.39% per year | Representative 611.74% APR
Installment 1
Installments 2 — 5
Installment 6