Are you looking online for no credit check loans? Cashfloat, an FCA-authorised direct lender offers instant decision loans. 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 are illegal in the UK? Therefore, we offer loans for bad credit instead. You can apply for a bad credit loan of up to £1100 and if approved, money can be sent to your bank account the same day.


No Credit Check Loan – Information Card
  • You can get a bad credit loan from £200 to £1100
  • Feel free to apply, even with a bad credit score
  • You can repay your bad credit loan with up to 4 instalments
How Much Can I Borrow?
  • 3 minutes to complete the online application form
  • 90 seconds instant lending decision
  • 1 hour from approval, the money should be in your bank account

* Average numbers

How Fast Can I have the Money?
  • We are an FCA authorised direct lender.
  • We welcome people with bad-credit
  • Unsecured loans, no guarantor needed
Why Cashfloat?
FAQs about no credit check loans

No credit check payday loans are not an FCA approved product in the UK. Direct lenders can offer people with bad credit a loan but they must perform a basic credit check for each and every application.


No Credit Check Loans

The good news is that payday loans lenders are allowed to offer loans for people with poor credit if they pass their comprehensive affordability assessment and if they believe the borrower can repay the loan on time. High cost short term loans are by definition no guarantor loans that are provided online to help people through a temporary financial need. Payday loans with no credit check and no guarantor do not exist in the UK. 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, any money borrowing is based on trust and transparency.


What If I Have Bad Credit But I Need a Loan Fast?

In these situations, loans without credit checks seem like the best solution. After all, you can get your loan without having your credit report affected! As explained, no credit check loans are not a viable option. Instead, check your credit report to see what is disrupting you from getting credit. Once you know which accounts are causing issues, you can work on fixing them, thereby improving your credit score! You can read more tips on improving your credit score and you will never need to search for no credit check payday loans again.

Borrow Money No Credit Check in the UK

Type of loans Availability Online
50 payday loans no credit check

Not applicable in the UK

100 loan no credit check

Not applicable in the UK

100 loan for bad credit

Payday direct lenders

V

300 loan poor credit

Direct lenders

V

300 loan no credit check

Not applicable in the UK

1000 loan with very bad credit

Direct lenders installment loan

V

1000 loan no credit check

Not applicable in the UK

Can I Get a Guaranteed Payday Loan with No Credit Check?

Guaranteed loans no credit check in the UK are not a valid option. Direct lenders must perform a basic credit check to determine if the borrower is qualified to get a loan. There may be some brokers in the UK which advertise that they provide guaranteed payday loans for bad credit but it is important to understand that loans cannot be guaranteed, especially with no credit check. In this business, direct lenders take a guarantor or securities for the loan and they need to ensure that people applying for loans can actually repay it on time. Cashfloat perform a credit check for each application and we grant loans if we believe customers can afford to repay it on time and not solely based on their credit history and credit score. It is our advice to avoid direct lenders or brokers that offer any form of guaranteed loans with no credit check.

Can I Get a Short Term Loan with No Credit Check?

Short term loans are available online. People with very poor credit are welcome to apply but as a regulated direct lender, we must perform credit check. Short term loans online with no credit check is not a regulated product. Short term loans can be repaid with several instalments. Cashfloat is a new short term loan direct lender. Short term loans are a good alternative for people with bad credit as the instalment based repayment plan makes the loan more affordable for the borrower. At the same time, borrowers must remember that the interest is calculated on a daily basis and hence the total cost of borrowing may be higher the longer you keep the money.


Instant Payday Loans No Credit Check

If you are looking for instant loan no credit check 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 cannot do it with no 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.

Type of loans Loan available in the UK?
Installment loans no credit check

Installment loans lender must perform credit check

Cash loans no credit check

Cash loans in the UK require basic credit check

Cheap loans no credit check

Payday loans are classified as high cost short term loans and hence never cheap

Small loans without credit check

Some lenders offer small loans but they must do credit check

Payday loans no credit check

Payday loans from authorised lenders must go through some credit-check

Online loans no credit check

Loans offered online in the UK, must perform credit check

Long term loans no credit check no guarantor

Long term loans may be offered with no guarantor but they will not be cheap or without any credit check

Pay weekly loans no credit check

Some lenders in the UK offer weekly repayment plans. FCA authorised ones conduct credit history review

Wage day loans no credit checks

Wage day loans are aim to help you till next payday. In the UK wage day lenders must perform credit check

Weekend payday loans no credit check

Some online loans in the UK are offered over the weekend. But only loan sharks offer no credit check loans. Please work only with approved lenders.

Can I Get a Cheap Loan with No Credit Check?

The best payday loans with no credit check is a loan not taken! By definition payday loans are not cheap. A credit check is one way lenders can reduce the risk of losing their money. There are many people that want to borrow money fast with no credit check but in reality, even if no credit check loans would be legal, they wouldn’t be cheap. The combination of fast cheap and no credit check makes no business or legal sense to any authorised lender in the UK. Yes, cash loans no credit check may be a very popular search but may not serve the need for money correctly. Bad credit payday loans direct lenders operate in the UK but bad credit does not mean no credit check. Getting a loan fast with no credit check is not a safe idea and if someone actually offers this option to you, they are probably a loan shark and not and FCA approved lender.

Direct Lenders No Credit Check

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. We are a private lender and we always try to be the best lender for our customers. Please note: the online search results for “new payday lenders no credit check” does not suggest that the lenders displayed by Google can actually provide no credit check loans.

Do No Credit Check & No Guarantor Bad Credit Loans Exist in the UK?

If you have bad credit, it’s really not the end of the world. There are a few options that you could look into, but all of them will require a credit check. Legally, that is. No credit check loans do not exist in the UK. If someone is offering you ‘quick no credit check loans’, they are probably a loan shark, and you should report them to the FCA. Often, it will be easier to get a loan with bad credit if you have a guarantor. This is because the lender is taking far less of a risk lending to you if you co-sign with someone else. But, if you’re looking for bad credit loans with no guarantor in the UK, you can apply with Cashfloat. We are a fully authorised lender and we will do our best to approve your loan, even if you have a bad credit score.

Where Can I Find a UK Direct Lender Who Provides Quick No Credit Check Loans?

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 illegal. 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.

Are No Credit Check Loans with An Instant Decision Easy to Apply For?

No credit check loans are not legal in the UK, and as such, it can be very hard to find them and get accepted for them. If you are looking for a no credit check loans instant decision direct lender, you need to be aware that any lender that approves you without a credit check is putting your safety at risk. Although an instant cash loan with no credit check can be tempting as no mark is left on your credit report, these are not safe and are not provided by responsible lenders. At Cashfloat, we specialise in loans for bad credit and we have a high acceptance rate. Apply now for an instant decision!

Why Can’t I Get Online Loans with No Credit Check and Guaranteed Approval in the UK?

Online guaranteed loans with no credit check sound ideal as they sound easy to obtain. However, according to the law, all lenders must perform a credit check before approving any credit request. Without checking your credit and affordability first, no responsible lender can guarantee you a loan. No credit check loans with guaranteed approval are not legal, and we recommend that you report any lender claiming to offer them. However, high acceptance loans for bad credit are available online through sites like Cashfloat.co.uk. At Cashfloat, we know that you are more than your credit score! That’s why we’ll do our best to approve your loan, even with bad credit.


Cashfloat’s Alternative to No Credit Check Loans

Finding a no credit check loans alternative will help you to get the loan that you need without using illegal 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. Learn more about our bad credit loans here:

How Much Can I Get a Bad Credit Loan For?

With Cashfloat you can apply for a bad credit loan from £200 up to £1100. If you are a new customer applying for a loan, we can only fund up to £500. Before you apply for a loan, calculate exactly how much you require your loan for. When borrowing money from any lender, be sure to only borrow the amount you will need as you will be paying interest on the full amount borrowed.


Can I Get a Bad Credit Loan Today?

With Cashfloat, not only is it possible to get a same day loan, but we strive to get the loan into your bank account even with a few hours if possible if approved. We use Faster Payment Services (FPS). However, if your bank does not support FPS then it can take a little longer.

Remember, even when you’re in need of some quick cash, make sure to only deal with trusted lenders who offer loans with credit checks.

Are Your Bad Credit Loans Authorised By the FCA?

Cashfloat are a fully trusted direct lender, registered and authorised by the FCA. Our bad credit loans provide a safe alternative to no credit check loans which are illegal in the UK. Be careful of lenders offering no credit check loans, they could be a loan shark.

No Credit Check Payday Loans

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 illegal in the UK but you can apply for a bad credit payday loan instead and receive from £200 up to £1100, 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.

Written by: Sarah Connelly
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