Loans in London

Are you looking for a payday loan in London? You can apply for up to £1500 and get the money in your bank account within 1 hour* of approval! Repay in up to 9 monthly installments.
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Representative example: 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%. Representative APR 611.74%. Our loans are available for 3 to 9 months depending on the loan amount - rates between 295.58% APR and a maximum APR of 1294%.
Warning: Late repayments can cause you serious money problems. For help, go to

Living in London can be pretty expensive, and sometimes you need that extra money boost to help you over a tough period. Cashfloat is a London based, direct lender offering payday loans online. Apply today even with bad credit.

20,000 Londoners
applied for payday loans
from Cashfloat
in 2020.

Whether you need to borrow money to fund an emergency expense or for car maintenance, Cashfloat can get you the money you need fast. Apply here, and you’ll get an instant decision.

Friendly London-based customer service team available to assist via phone, chat or email.
Make repayments early at no extra expense, save yourself interest fees.
Easy and transparent throughout the whole loan experience.
Apply now

Are you a Londoner looking for a short term loan?

You’ve come to the right place! Our online short term loans are available with monthly repayments from 3 to 9 months. You can apply for any amount from £300 up to £1500. Once you have completed the application form you will receive an instant decision. Money will reach you bank account within 1 hour* of approval.

Where can I get a loan in London with bad credit?

There are many Londoners out there with bad credit scores, but don’t worry! Having a bad credit rating doesn’t scare us! When we get a loan application, we look at much more than the credit history. We look to see if the applicant has enough disposable income to cover the cost of the loan.

Have bad credit? Apply online today for your direct lender payday loan with Cashfloat!

The costs of living in London

The costs of living in the UK’s capital is constantly on the rise. Living in the big city makes most of your regular monthly expenses go up, such as rent, food and entertainment. According to HomeLet, the average rent in London is £1,572. For many young people starting out in the workplace with lower-paying jobs, this is unaffordable.

This table shows how the cost of living in London compares with other big cities in the UK. All figures are the average in the city and are per month.

Public transport Basic utilities Fitness club Full day childcare Rent for 1 bedroom apt outside city centre

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67% of Londoners who borrow payday loans are Male

77% of Londoners who borrow payday loans are Single

Average age of Londoners who borrow payday loans is 35 years old

Most common job fields for Londoners who borrow payday loans are Managerial, Healthcare and Sales

Most common month for Londoners to borrow payday loans is July

Londoners who borrow payday loans earn an average of £2,409 a month


As a Londoner, what can I use the payday loan for?

Once you have received a loan, you can use the money for anything you need it for. At Cashfloat, we recommend that payday loans are only used for emergencies or short-term financial problems as they are an expensive form of credit.

Can I get a payday loan in London with no credit check?

Looking for a payday loan with no credit check may sound tempting. However, applying for a loan with no credit check in the UK is not recommended as credit checks are performed to help lenders assess which applicants to lend to. Any FCA authorised lender will conduct a basic creditworthiness check. You should only use lenders regulated by the Financial Conduct Authority for your safety and security. Most lenders will have their FCA number as a clickable link in the footer of their websites.

How do I choose the best payday loan in London?

Choosing the best payday loan provider in London will depend on what matters to you most. Having a lender with flexible repayments may be the most important factor for some people. On the other hand, for others it may be having a lender specialising in bad credit, is essential. Here are some factors you should check out when comparing loans:

  • The total cost, including any hidden fees
  • How long you have to make the repayments
  • If the loan is secured or unsecured
  • If they accept bad credit
  • The customer ratings

What other payday loans companies are there based in London?

Many payday lenders are based in London. Here are a few to help you with your search:

  • – A direct lender offering fair loans to people with bad credit.
  • – Loans up to £750, and first-time customers are limited to £400.
  • – Same day funding for free. The application is entirely online.
  • – Loans start from £50. You can get a no-obligation quote.
  • – A lender that specialises in getting your loan to you fast.
Warning: Late repayments can cause you serious money problems. For help, go to