Looking for a no credit check loan because of your poor credit score? Although we do perform a credit check, we only perform a ‘soft’ check to see if we can give you a loan. We will never conduct a hard credit search until we fund you the loan, and applying with us will leave no marks on your credit file. Apply now for up to £1500 and get an instant decision with ZERO impact on your credit file.


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What are No Credit Check Loans?

A no credit check loan is a loan provided by lenders who don’t check your credit history at all before granting you a loan.


It’s considered best practice for lenders to carry out credit checks before funding an applicant. This is to assist the lender with assessing if the customer can afford the loan and that borrowing credit won’t harm them financially. Although payday loans from a direct lender company with no credit check might seem like a great product, they can actually damage your finances. Direct lenders or an authorised credit broker offering no credit check loans in the UK may not be regulated by the Financial Conduct Authority and could be loan sharks.

Watch this video to learn how to spot a loan shark:




Responsible direct payday lenders in the UK will not usually offer no credit check loans because they are not in the customers’ best interest. FCA authorised direct lenders should have a responsible lending policy in place, including responsible lending checks and affordability assessments to ensure their customers’ financial safety.

Can I Get a Payday Loan With No Credit Check?

At Cashfloat, we do not perform a hard credit check until we fund you the loan. You can apply for up to £1500, and we will only perform a soft credit search to pre-approve your loan. Our advanced soft search technology will have no impact on your credit score at all. It helps us determine whether you can afford the loan repayments.


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It is not advisable to borrow from payday loan lenders advertising no credit checks whatsoever. Payday Loans with no credit checks at all are not recommended by the FCA and can come with super expensive interest rates.

If you are looking for a no credit check loan because of your bad credit score, the first place to start is to improve your credit score. Read some great tips below to help you improve your credit score and increase your chances of credit.

How Can I Improve My Credit Score?

The best way to avoid no credit check loans and access the best rates on all types of credit is to boost your credit score. Here are a few easy tips to begin improving your credit rating:


  1. Register to vote
  2. Registering your name and address on the electoral gives lenders an easy and reliable way to verify your identity.

  3. Pay your bills on time
  4. Make sure you avoid late notices and arrears for rent, utilities, phone, internet and other household bills. You’ll start to see the difference in your credit file when you make payments on time- especially if you pay your bills online.

  5. Work on paying off outstanding debts
  6. If you owe money on a credit card, store account or payday loan then it’s dragging down your credit score. Create a workable repayment plan to clear the debt in order to improve your score. At the same time, it’s important to leave yourself enough money for basic living expenses to avoid falling into a cycle of debt.

  7. Only use 50% of your available credit
  8. If you are constantly maxing out all the credit you can get, that is a sign that you rely too heavily on credit and will negatively impact your credit file. Cut down on the amount of credit you use, ideally using less than half. This will help significantly improve your credit rating.

  9. Avoid overdrafts like the plague
  10. Unarranged bank overdrafts can be more expensive than payday loans and drag your credit score down quickly. Going into the red for even a small amount of money can seriously impact your credit rating.

    Making loan repayments on time shows lenders that you can be trusted with credit. We do not recommend borrowing credit building loans just to improve your credit score, but if you need to borrow money for another reason, use the opportunity to boost your score.



FAQ’s about No Credit Check Loans

Can I get no credit check loans from direct lenders in the UK?

We are an FCA authorised direct lender. Applying for a loan with us will have a ZERO impact on your credit score! We will not perform any hard credit checks until we fund you a loan.

No credit check loans at all in the UK are not an option. Direct lenders should perform a basic credit check to determine if the borrower is qualified to get a loan. Some brokers in the UK may advertise that they provide guaranteed loans with no credit check. It is essential to understand that loans cannot be guaranteed, especially with no credit check. Instead, direct lenders may ask for a guarantor (who they will likely credit check) or securities for the loan to ensure that the loan will be repaid.

Avoid direct lenders or any credit broker that offer any form of loans with no credit check whatsoever. They are probably not regulated and will charge exorbitant interest rates.

What if I have bad credit but I need a loan fast?

Sometimes you may need loan fast, for example if you need to finance an emergency car repair. In these situations, bad credit loans with no 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 whatsoever 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 a no credit check loan again.

What is a soft credit check?

A soft credit check is when a lender checks your credit history with a credit reference agency without leaving a “footprint” on your credit file. A soft credit check is not seen by any other lender, and it should not have any impact on your credit score. Companies may perform soft credit checks with credit reference agencies to find out your chances of approval before conducting a full credit check.


*We don’t carry out any hard credit checks until we fund you the loan.


Cashfloat’s alternative to no credit check loans

Here at Cashfloat, we are dedicated to our customers’ financial safety. That’s why we offer a safe and regulated alternative to no credit check loans in the UK. Our bad credit loans are designed for people with a poor credit history, so there’s no need to apply for a loan with no credit check to boost your chances of approval. We carry out credit checks for your safety, but we place a bigger emphasis on affordability when considering your loan application. All of our loans are unsecured, so we’ll never ask you for collateral or a guarantor, no matter your credit record. Apply today with Cashfloat for a safe alternative to no credit check loans!


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
£168.45
Installment 1
£224.60
Installments 2 — 5
£112.20
Installment 6