Borrow a loan online from Cashfloat

Are you looking for an online loan? If so, you’ve come to the right place! The Cashfloat team offer loans from £300 to £1,500 that you can arrange to repay in 3-9 monthly instalments. If you want, you can repay it early as well to save on interest. We’re completely transparent with our fees, and we’re a modern, responsible direct lender.

You can also get hold of a Cashfloat loan quickly. We give an immediate approval decision after you apply, and we can fund loans within an hour of approval*.

If you’ve got any questions during the borrowing process, the Cashfloat team will be happy to answer them. You can contact us via live chat, phone, email or in writing. Whatever your credit score, apply now and get your loan in your bank account straight away.

Caution! Payday loans are expensive, and you should only use one for a short term financial emergency. Late repayment can cause you serious money problems.

Apply Now!

Teresa Crowley
Verified Buyer –

Great Company. I applied for a loan online money was in my account within hours, filling in the payback dates I accidentally put the wrong date for the repayment start date, I phoned Cashfloat and spoke to a very nice fella called Daniel, who sorted it out straight away! Thank-you for your wonderful customer services⭐⭐⭐⭐⭐

Verified Buyer –

Excellent no hassle company loans paid out very very quickly no phone calls everything done online highly recommend

Verified Buyer –

Excellent customer service! CashFloat has an excellent customer service and straight forward online loan application. You can depend on CashFloat when you really need it!

Verified Buyer –

Excellent service. Quick and simple application. Money transferred quickly.

How to apply for an online loan with Cashfloat?

In order to make an application for a loan with us, you should be 18+, a UK resident, in employment and you should hold a UK bank account. If you meet the basic criteria, you can apply for a Cashfloat loan today.

How to get a loan online:
  1. Apply for your loan by filling out the application form.
  2. Get an instant online lending decision.
  3. If you’re approved, the money will be sent to your bank account within an hour*.
  4. Make monthly online repayments to Cashfloat.
Get Your Loan Online Today!

What makes an online loan different to a bank loan?

When you apply for a loan from a bank, you usually have to go through a fairly complicated process, which includes meetings, paperwork and a long wait while the bank makes a decision. Online payday loans are very different to this. Cashfloat’s loan application process is fast and straightforward. You can fill out the application form in just a few minutes, everything’s handled online, and you can get the money in your bank account straight away if you’re approved.

Online loan FAQs

If you’ve got any questions about borrowing money online, chances are we know the answer. You can contact us at any time to discuss payday loans, but here’s a list of our top FAQs to help you out in the meantime.

Can I apply for an online loan even if I have a bad credit score?

You’re allowed to apply for any online loan if you have a poor credit score, but it’s a good idea to think first. Lots of lenders will be less likely to approve you if you have a bad credit score, and it’s much better to apply to a lender who will accept your application.

At Cashfloat, we accept people with bad credit scores. You always stand a good chance of being approved for a payday loan with us. We carry out credit checks on all our applicants, but we don’t judge people on their credit score alone. We also look closely at every applicant’s level of affordability. If we trust that you can afford to make the monthly repayments on a loan, we’ll be happy to offer you one.

Can I borrow money online with no credit check?

Cashfloat does not recommend that anyone applies to a company that offers loans with no credit check. All Financial Conduct Authority (FCA) approved credit providers are required to carry out a credit check before giving someone a loan. Lenders that don’t aren’t following the FCA’s guidance and are acting irresponsibly. They could be loan sharks, and you could find yourself in a bad situation if you apply to one of these lenders.

What’s the difference between a direct lender and a broker?

There are two types of lender you can apply to. These are direct lenders, who handle your loan and send you the money directly or credit brokers, who work to find you a third party lender. It’s best to cut out the middleman if you can and go straight to a direct lender. Dealing with a direct lender makes the process simpler, quicker and cheaper.

Cashfloat is a trusted direct moneylender, and when you apply to Cashfloat, you apply for a direct loan. However, if we can’t lend to you directly, we can act as a credit broker instead. In this case, we’ll try to find another lender who can give you a loan. Of course, we will only do this with your permission, meaning that your personal information is always safe.

Existing customers can apply to take out a loan through the personal login area. Click here if you are an existing customer and you want to apply again. If you have an existing loan, you can also login to make your monthly payments.

Is it best to borrow a loan online without a guarantor?

For a fast and easy borrowing experience, you should try and avoid using a guarantor. With a guarantor loan, you have to find a guarantor who will co-sign as backup in case you can’t make repayments. This can be difficult and will take time. Guarantor loans also require extra paperwork to be completed by the guarantor, which takes up even more time. When you apply with us, we will never ask for a guarantor.

Although guarantor loans take a long time to receive, they can be cheaper and come with other advantageous conditions because they’re less risky for the lender. For most short term financial emergencies, people want the money quickly, but sometimes guarantor loans can be an option.

I’m struggling with my loan repayments. Is there any help I can get?

If you’ve taken out a Cashfloat loan and you think you might miss a repayment, it’s important that you get in touch with us straight away. Depending on your personal circumstances, we may be able to help. We might be able to offer a repayment holiday or different interest rates, for example.

Can I apply for a web-based personal loan from Cashfloat?

Cashfloat offer unsecured personal loans for amounts from £1,000 up to £2,500. These are different to our payday loans. Go here to read more about our small personal loans product. A small personal loan doesn’t just have to be used for emergencies and can be used for things like home improvements, to buy a new car or to help pay for a wedding.

Apply here for a personal loan from Cashfloat.

How can I know if an online lender is safe?

Fraud is very common in the online payday lending market, and you need to be careful when you visit a loans website. If your information gets into the wrong hands, you could lose your money in a matter of minutes. Vigilance is key, and our security centre provides you with more information on how to ensure you’re borrowing from a legitimate and FCA licensed moneylender.

Taking basic safety precautions when using lender websites will help keep you safe. Doing basic checks, such as looking for the padlock in the URL bar, can make a big difference.

What is an online loan shark?

Any lender in the UK that isn’t registered with the Financial Conduct Authority is operating illegally. They also won’t be following the regulations that exist to protect your financial safety. If you’re having a hard time finding someone to lend to you and are considering using anyone that might be a loan shark, don’t even think about it!

Although it can be easy to get a loan from a loan shark, these loans are very dangerous. Loan sharks are known for charging huge fees and for their brutal collection tactics. You should only ever go to an FCA authorised lender like Cashfloat. We have affordable rates and responsible policies, and we make it our business to treat you fairly.

Go to our ‘APR (Annual Percentage Rate) explained‘ guide to understand more about fair loan charges.

Cashfloat – A new online lender

Cashfloat is a direct lender offering unsecured online loans, even for people with poor credit scores. If you need any loan amount between £300 and £1,500, you’re welcome to apply online on our safe and secure website. We give fast lending decisions, and we get funds to people’s bank accounts within an hour* of approval.

Apply online now to cover a short term financial emergency. Whether it’s to fund car repairs, pay an unexpected bill or for another tricky situation, we’d love to help you out! Just please remember that payday loans are expensive and should be used responsibly.

If you have spare cash and you’re able to repay your loan early, it’s worth it! At Cashfloat, we only charge interest for the days your loan is active.

Representative example

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