Are you a Londoner looking for a short-term loan?
If you’re a Londoner looking for help to cover an emergency expense, then you’ve come to the right place! Our short-term online loans are available in amounts between £300 and £1,500, perfect to cover a whole range of short-term financial emergencies. We also offer convenient repayment conditions, with repayment plans for three to nine months.
After you complete the online application, Cashfloat carries out the required eligibility, affordability, credit and fraud checks. If an offer is available, review the repayment schedule and total cost before deciding whether to proceed. Funding timing depends on final approval and bank processing.
Who is eligible for a Cashfloat loan?
To be eligible for a Cashfloat loan, you must:
- Be at least 18 years of age
- Have a steady source of income
- Be a UK citizen
- Have a UK bank account
Where can I get a loan in London with a bad credit score?
There are plenty of Londoners out there with bad credit scores, and there isn’t any need to worry if you’re one of them!
If you’ve got a bad credit score, it won’t scare us! When we receive a loan application, we look at more than the applicant’s credit history. We do look at this information, but we also look at the amount of disposable income the person has. If an applicant has enough disposable income to pay for a loan, despite having a poor credit score, then there’s a good chance they’ll get approval from us.
Applications are assessed individually using affordability, creditworthiness and the applicant’s current financial circumstances. A poor credit history does not guarantee either approval or refusal.
Have bad credit? Apply online today for your direct lender payday loan with Cashfloat!
The cost of living in London
Living costs vary between households and can change over time. Before borrowing, consider whether the expense is temporary and essential, whether another option is available, and whether each repayment would remain affordable alongside housing, utilities, food, transport and existing credit commitments.
A payday loan is not intended to solve repeated or long-term budget pressure. Free and impartial guidance is available from MoneyHelper if regular income is not covering essential expenditure.