Are you looking for an instant loan? At Cashfloat, we specialise in instant decision loans. If you’re approved for one of our loans, you can have the money in your bank account within one hour* of approval. We’re a direct lender with high acceptance rates and flexible repayments.

Apply now for your instant payday loan of up to £1,500.

Apply Now for Instant Cash!

How do Cashfloat’s instant loans work?

With a Cashfloat instant loan, if you make a successful application, we’ll credit the funds to your account within 1 hour. If your bank does not support Faster Payments, funds will be sent to your account the same day as approval so long as you’re approved by 16:30

Instant payment comes as standard when you take an online payday loan from Cashfloat.

Payday loans are often used for emergencies, offering a little extra essential cash until the next payday. You could use a payday loan to help cover the costs of household repairs, unexpected bills or for medical care, for example. In fact, a payday loan could be used to cover any unexpected financial demands that come your way.

Due to the urgent nature of payday lending, these instant loans come with higher rates. As such, they should only be used in emergencies. They also shouldn’t be used where financial difficulties can be overcome with a sensible longer term approach to managing your finances.

We provide immediate solutions to alleviate short-term problems, with cheap short term loans available from £300 to £1,500 for a duration of between three and nine months.

Can I apply if I have a bad credit score?

If you’re worried that your poor credit score will reduce your chances of short term loan approval, fear not! Cashfloat lend to people with poor credit scores.

We are more concerned with whether or not you have the ability right now to repay the money than we are with your overall financial history. Of course, we take your credit record into account, but this is just one of several factors we consider as part of your request for a loan. If you’re still unsure, you can always enter your details into our online calculator to assess your affordability rating before starting your application.

Instant loan direct lenders

One of the reasons we’re able to give an immediate response to loan applications is that we’re a direct lender. Unlike a credit broker, we don’t pass information on to third parties or waste your time finding you a financial backer. Instead, we process all applications ourselves and transfer the money to you directly.

This speeds up the process of borrowing and comes with other benefits as well. You’ll know who you’re borrowing money from, you’ll be able to talk to us directly, your personal information will be safe and you don’t have to pay broker fees.

It’s best if you can borrow directly from Cashfloat and avoid the need for a broker. However, in the event that we are unable to provide you with a loan, we can act as an authorised credit broker on your behalf. If you give us permission to do so, we’ll then search for a third-party lender authorised by the FCA to give you a loan.

How do repayments work for an instant cash loan?

If you’re approved, you’ll receive your instant cash loan directly. You can then log into your account at any time to view your payment plan.

We aim to make repayment as easy as possible. We also actively encourage our customers to repay their debt at their earliest convenience by only charging for the days that the short term loan is active. Unlike many providers who charge for early repayment, we do not. In fact, we want to promote ethical, economic transactions unspoilt by hidden costs and small print catches.

Similarly, if you’re struggling to meet your payment date, just give us a call, send us an email or contact us via our live chat. We’ll be happy to discuss your options and perhaps offer you an alternative payment plan.

How to apply for an instant cash loan

In order to apply for an instant cash direct lender UK payday loan from Cashfloat, you have to meet the following requirements:

  • You must be 18 years old or above

  • You must be in employment with a regular income

  • You must be a UK resident with a UK bank account

If you meet the above criteria, you can apply, free of charge, right this minute. After submitting the application, you will receive a notification from one of our team members with our response. There are no hidden fees, and total repayment amounts are clearly shown before you take the loan.

If your loan application is declined, we advise you to wait a few weeks before applying again. If you make too many loan applications in a short amount of time, it can negatively affect your credit score. As a result, it’s best to avoid doing so.

Apply Now – get a fast loan!

Instant loans for bad credit

Perhaps you’ve already applied for an instant loan before, only to be rejected on account of your poor credit rating. Instant loans for people with a bad credit score, especially those provided by reputable money lending services, can be hard to come by. In fact, many companies request a guarantor for applications from those with a low credit rating.

At Cashfloat, we understand that your credit history doesn’t reveal the whole story, and we believe loans should be available to anyone who can pay them back.

As a bad credit lender, we not only offer more opportunities, but we also treat our customers equally. We impose the same loan rates across the board, regardless of an applicant’s credit rating. On top of that, all our short term loans are unsecured, and they don’t require a guarantor. So, even with poor to fair credit, you may still be entitled to borrow money online without securing a guarantor or collateral.

Are instant loans with no credit check safe?

You can use an instant cash loan to get fast help for urgent financial hardships. Often people who have a poor credit score look for loans with no credit check in this situation. You should, however, be wary of companies that offer loans without a credit check. No loan should be offered without a responsible lending check, and lenders should all adhere to the rules and regulations set out by the UK’s controlling body, the FCA (Financial Conduct Authority).

If you opt for a loan without a responsible lending check because you’re worried about your poor credit score, the likelihood that you’ll be scammed or end up accumulating hefty debts increases considerably. At Cashfloat, we conduct a hard credit search, but only after your initial approval. Applying with us will leave no mark on your credit report.

What should I do if I’m struggling with debt?

Sometimes, people end up in desperate need of a payday loan, even when they’re already in debt. However, if you are already struggling financially and you know that you might not be able to afford repayments, we do not advise you to apply for a loan. Various organisations offer free advice to people who are struggling financially. Some good organisations where you can find help are Money helper and StepChange.

When you apply for a loan, it’s essential to make sure you can afford to meet all the repayment requirements on time.

Apply now even with bad credit!

What can I use an instant online loan for?

An unexpected expense can come out of nowhere, and that’s when you need extra cash fast. Here are some examples of when you might want to apply to borrow money:

  • Emergency car repairs

  • Emergency home repairs such as plumbing problems

  • Emergency medical bills

  • Funeral expenses

  • Sudden income change

Why choose Cashfloat for my instant loan?

Cashfloat is a trusted, direct lender in the UK. In order to lend responsibly, we conduct affordability checks and look at an applicant’s personal circumstances before approving a loan. We also look at much more than an applicant’s credit file, meaning that people with a poor credit score can apply as well. On top of all this, we’re committed to providing high acceptance rates and easy repayment terms that suit our customers’ needs.

Our loan application process is smooth with no bumps or hidden fees. As the name suggests, with our instant loans, you can also get an instant decision and immediate funding. Borrow up to £1,500 with Cashfloat right now.

Loans for bad credit, no guarantor, no fees, and with an instant decision! Let Cashfloat unburden your financial load today!

Instant decision loans online

At Cashfloat, we strive to deliver a superior customer experience. We are transparent, we’re reliable and we’ll do everything we can to meet your financial needs. One way we help our customers is by providing instant decisions on loan applications. When a financial emergency strikes, you need money fast. Waiting around for short term loan approval creates unnecessary stress.

Our instant loans remove the stress. The application process is straightforward and speedy (usually it takes three minutes to complete an application), and you get an immediate decision. Funding is also fast. All loans are funded on the same day and most are funded within one hour of approval*. What’s more, our instant loans are available to people with a poor credit score.

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