Payday Loans No Credit Check

Direct lenders can offer people with bad credit a loan but they must perform a basic credit check on every application. Cashfloat, a UK-based direct lender, offers instant decision loans specifically for poor credit. All it takes to apply is a few minutes of your time.

Did you know that payday loan companies which offer no credit check loans in the UK are unsafe? Therefore, we provide loans for bad credit instead. You can apply for a bad credit loan of up to £950, and if approved, money can be sent to your bank account the same day.

A no credit check loan may sound attractive to you if you have a bad credit history or do not want your credit file to be affected when you take out a payday loan. However, no responsible and regulated lender will offer no credit check loans to potential customers. At Cashfloat, we know that many people in the UK are better than their credit score and we try to help people even with imperfect credit. Don’t try to hide your credit history, share it with the lender. After all, borrowing money is based on trust and transparency.

1. You can get a bad credit loan from £400 to £950
2. It takes 3 minutes to complete the online application form
3. You’ll get a 90 seconds instant lending decision
4. 1 hour from approval, the money should be in your bank account

Finding a no credit check loans alternative will help you to get the loan that you need without using unsafe means. Our bad credit loans enable people with a low credit score to have access to secure means of credit. When used correctly, they can improve your credit rating and increase your chances of getting approved for loans in the future.

Remember, loan companies advertising that they do not carry out credit checks may be loan sharks. To learn how to spot loan sharks, watch this video today.

Responsible direct payday lenders in the UK do not offer no credit check loans. Direct lenders that are authorised by the FCA must have a responsible lending policy in place. Part of the requirements to comply with FCA regulation are related to the extent of credit checks and affordability assessments. People in the UK can apply online with very bad credit score. It is up to the specific lender to decide if they want to take the risk and approve the loan or not. Cashfloat is a new direct lender in the UK. People with bad credit are welcome to apply with us online. We always look at the bigger picture when trying to decide if to approve the loan application or not.

Cashfloat is a fully authorised UK direct lender. This means that we deal with your application from start to finish, making the process faster and easier for you. If you are approved, our quick UK loans can reach you on the same day – depending on when you apply. However, in the UK, no credit check loans are not safe. Therefore, it is tough to find instant cash loans with no credit check in the UK. At Cashfloat, we perform a credit check on every new application as we believe that lending is an ethical decision designed to help save you from debt and not pull you in.

If you are looking for instant payday loans you probably need money fast and you may be aware of some issues with your credit score. While direct lenders can sometimes approve payday loans instantly, an FCA authorised lender is recommended to carry out a credit check. So if you need a payday loan fast, it’s better to speak to your lender and always be suspicious of lenders that offer instant loans with no credit check. Today in the UK, most of the instant payday loans offer several instalments as well and in many cases, people with bad credit can still get approved for a small loan based on affordability examination. All our loans are with no guarantor and we always try to offer same day funding with no fee.

Remember, when you apply for a payday loan online, your lender does not know who you are and if you are reliable in paying back your financial obligations. One of the ways a lender can determine if it safe to lend money to you is by checking your credit report. A lender who offers no credit check payday loans UK is offering you a product that is in essence flawed. Of course, there are many factors that show whether you are a good payday loan customer, and your credit report is only one of them.

No credit check loans are unsafe in the UK but you can apply for a bad credit payday loan instead and receive from £400 up to £950, today. At Cashfloat, we use a range of factors to determine whether to lend to you. Our focus is on affordability because we just want to make sure that you can pay back on time. Stay safe and apply for a payday loan from an FCA authorised, moral direct lender.