Looking online for a piggy bank loan today? Try our smart alternative in payday lending. We provide loans of up to £1,500 – no guarantor, no paperwork, no hassle. If approved, the money can be with you on the same day! You don’t even need to have good credit to apply. We are a moral direct lender and we love to help.  Apply online now.

Your Piggy Bank Loan Alternative Information Card

• You can get a loan from £400 to £1500 with Cashfloat, a Piggy Bank loan alternative
• Feel free to apply, even with a bad credit score
• You can repay your loan in up to 6 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 Piggy Bank Loan Alternative

How much can I borrow from Cashfloat?

Cashfloat is a direct lender that offers online loans designed to give you the most affordable and pleasant experience. Our amounts range from £400 up to £1,500. We offer lower APR than leading lenders, with flexible repayments, meaning that you choose how much interest you pay. And if you run into any difficulties, our customer service gives personal care and allows further breathing space for missed repayments.

How fast can I get a smart Cashfloat loan?

Cashfloat have developed an intelligent system to grant you a loan in the quickest possible manner. Following your application, you will get an instant lending decision. If approved, you can be funded within the hour. You may well have visited this website because you are looking for an alternative to Piggy Bank Loans or even Smart Pig Loans, but we just might be a smarter alternative! We encourage you to compare our features and make an informed decision before signing an e-contract.

What is the Cashfloat loan process?

Applying online for a loan is easier done than said with Cashfloat! First, fill out the online application form – including information such as your personal details and employment status. Once your application is submitted, you will be presented with an instant lending decision. If approved, your loan can be funded within 1 hour although this can take up to 3 hours, depending on your bank. One important thing to note about Piggy Bank Loans is that they will ask you to sign a direct debit form as standard procedure. This is perfectly legal. All it means is that, should your payment be declined from your card, you give them permission to debit the amount directly from your bank account. At Cashfloat, we will never ask you for a guarantor or a payslip. No paperwork, no hassle – that’s how we like it.

Can I apply for a Piggy Bank loan with bad credit?

Piggy Bank Loans state on their website that they do offer loans to people with bad credit, or even no credit at all. Like Piggy Bank, Cashfloat may approve applicants, even if they’re credit history is not good at all. Take into account that even if you have good credit, it can be threatened by something as trivial as an unpaid bill. In such a case, it could be worthwhile to take out a small loan in order not to lose your credit status. In addition, repaying loans on time improves your credit rating and then you may no longer need a Piggy Bank loan or a Cashfloat loan!

How do Piggybank loans compare to Cashfloat’s smart alternative?

Thousands of people are searching online for “piggy banks” or piggybank each month in the UK. If you landed on this page it’s likely that you were one of them. If you are looking for piggy-bank.co.uk loans we would go above and beyond to earn your trust and offer you a Cashfloat online loan as a smart alternative. To learn more, please read on.

You can see how a Cash Float Loan compares to a Piggy Bank Loan by looking at the table above. We encourage you to compare loan options carefully before applying for a loan online. you have a choice, you can be picky. So you can go for the best deal. To make it easy for you to compare lenders we have created a “Dare to Compare” chart. Dare to read it?

Piggy Bank Financial Lesson

On the morning of my eighth birthday, there was a large present waiting for me by my place on the kitchen table, wrapped up in sparkly wrapping paper. My little fingers couldn’t rip the wrapping paper off fast enough, and my smile couldn’t stretch far enough across my freckled face when I opened it. Inside was a beautiful little piggy bank, with its smooth, shiny skin and curly tail. After an hour of agonising over where to keep it, I gave it the place of honour on the windowsill, right next to my battered teddy bear with the torn ear (it was my last present from Granny before she passed away).

My piggy bank is growing. One coin at a time.

Whenever I was good, I would get a coin to put inside. It was usually just a penny or two, but if I had done something really amazing, like tidy up my room without my mum even asking me to do it, I’d get a whole 10p coin. I sometimes wished I could open it up to check how much money I had saved. But, there is no opening a piggy bank until the right time. Instead I peered through the slot and imagined the bars of gold I would buy with my savings.

How much money have I got in my piggy bank?

My father had told me to pick something I wanted, and then save up for it. Well, the latest craze was nail painting – but I wasn’t going to settle for one little bottle. Oh no. I had my eye on the luxury nail painting set in the shop window, the one that came with glitter and sparkles. It cost £12.50, but that didn’t put me off. Little by little, I continued adding those coins. When Aunty Mandy stopped over for a visit and gave me a whole one pound coin, I didn’t stop smiling for a week.

Opening my Piggy Bank

Finally, the day came to smash open the piggy bank. Inside was £12.51 exactly. WOW! That was a fortune of money. I carefully put all the coins inside my purse – the big one, of course – it was a lot of coins! I took my purse to school and showed it to my friends. And, on the way home, I showed them the nail painting set I would buy. I could see the glimmer of jealousy in their eyes.

My Piggy Bank Lets Me Down

The next Sunday, Daddy drove me to the shop, and I looked into the window. There was the nail painting set, proudly sitting in the window. The price tag – £15.00. My little 8 and a half-year-old heart nearly broke into two. How? How could they just change the price after all my weeks and months of saving, waiting, hoping? Well, if you don’t have enough money for something, you can’t buy it.

Piggy Bank Loans

So what is so intriguing about that shiny, ceramic, pig-shaped pot? Like all good things, it’s what’s inside that counts. But that little piggy bank holds more than just hard cash. Few people have mastered the skills that the piggy teaches us. Read on to find out if you are one of them.

A piggy bank is a little pig-shaped pot that people, primarily children, use to save up their small change. Piggy banks are usually made of porcelain or ceramic, with a slot on the pig’s back where coins can be easily inserted. The idea of a piggy bank is that it can’t be opened so that the money inside is kept secure and can’t be spent until the piggy bank is broken open.

Piggybanks are often used to teach children the concept of saving money. Most of our life decisions, both big and small are governed by money. More than how much money we actually have, our spending habits shape more than just our bank accounts. But children can develop their spending habits before they turn seven, giving more importance to financial education in younger ages. The piggy bank is symbolic of teaching money skills to children.

Coin bank

The piggy bank was originally a coin bank. Historically, people put away the physical money that they thought they could save in a safe place. People often decided to save up for a particular item, such as an item in the store, for example a train set or a beauty set. Other people saved up for more costly things, like a holiday, a wedding, a car or a house. If you didn’t manage to save, and need the money urgently, you may need to take out no guarantor short term loans to cover your temporary cash shortfall. Today we don’t use the coin bank idea as much. It has been replaced with modernisation.

Nowadays we use virtual means to take care of our money. When we add money into the bank, and transfer it into a savings fund, we are not physically taking coins and moving them into a coin bank, although we are doing the same, just in a virtual, digitalised world. UK Payday loans are also virtual. Lenders often transfer the money directly into your bank account, rather than giving you physical coins or bank notes.

What do kids learn from the piggy bank?

The art of patience in an instant world

You know that joke about the guy who woke up after 100 years. He went into the supermarket and saw instant mashed potato and instant soup. Then he walked into the next aisle and fainted. He had seen the bottle of instant baby powder. Ya, that’s an awful joke, but it when it comes down to it, life isn’t always instant. That’s the beauty of the piggy bank. It develops better spending habits in kids by teaching them that the best things come after waiting and anticipating. They could buy the 10p Laffy Taffy over and over again each time they get a coin. But if they wait and save up, they will get something much bigger and much better. It’s like waiting for their birthday all over again.

Savings are not to be touched

Piggy banks can’t be opened unless you break them. Physical actions always have more of an effect, especially when it comes to money. For example, research shows that you spend more when using a credit card than when you actually take coins out of your pocket and give them over to the cashier. The same works for the piggy bank. When kids sees how much mess and how much effort it takes to dip into savings, they realise that savings are not to be touched until you have an emergency. The piggy bank teaches kids something that many adults don’t quite grasp. If you don’t have enough money to buy something, you can’t buy it.

Piggy Bank Savings Beat Piggy Loans

Yes, there are plenty of instant payday loans available. You can even get piggy bank loans from a payday lender called Piggybank. But far better than a piggybank loan is to save up before. Think about it this way; you are going to have to pay off the loan one day, and you will probably have to save so that you can afford the repayments. So why not save up beforehand and avoid those hefty interest fees. Yes, piggy bank saving is always better than taking a loan.

But in the right circumstances a personal loan can be a life-safer, even if you do have savings:

– If your savings are locked up in an account for a specific period of time an instant payday loan can help you out of a tight spot.

– You may be following a specific savings plan that is designed to help you save enough to buy your coveted new car. Maybe you prefer to get some short term finance rather than delay your goal…

– If you have an arranged overdraft, it might work out cheaper to use that than take money out of savings.

7 Naughty Ways to Teach Kids about Money

This is not the regular list of ways your kids can save. Some are funny, some are controversial and some are just cute. But guaranteed that you have never tried these before. If you have, tell us on social media.

  1. The Jacket: When Dad gets home, the kids hang up his jacket. On the way they can steal any stray coins he has in his pocket. Boy, will the kids look forward to seeing their Daddy!
  2. Hiding it Away: Give your kids some money to put into their coat pockets when they put them away for the summer. It is so exciting to rediscover the money when you take out the coats next winter. You can even treat yourself by hiding a £20 note in your own coat.
  3. Eating out: When you eat out, give your kids £20 to pay for their dinner. You will teach them pretty quick how much things cost. They might even prefer to go hungry so they can put some notes into their little piggy.
  4. Make Dinner: Another food idea. Instead of giving your kids supper, give them £10 and tell them that they have to make supper for the family. Again this will teach them the costs of basic ingredients, plus they might learn some culinary skills on the way. Just make sure to have a back up dinner if you don’t want to go hungry.
  5. Share the Bills: Make your kids pay for a small percentage of the bills. Like 5% or so. They will make sure to switch off those lights and have shorter showers, guaranteed.
  6. The Rude Word Box: Every time mum or dad says a rude word, the kids get a coin. Yeah, it’s controversial but you will mind your language and teach them to mind theirs too!
  7. Charge them for your services: Kids like getting a coin for tidying their room or mowing the lawn. How about you do the opposite? Charge them for each pile of clean clothes and each dinner. Just a pence or two, but it will teach them pretty quick to appreciate that nothing comes for free.

Payday loans lenders in the UK

Company Direct lender Loan types Comment
Cashfloat New direct lender Payday loans, short term loans, Cash advances Customers choice as a new alternative to payday lending in the UK
Uncle Buck Traditional direct lender 3 month payday loans Uncle Buck was founded in 2010.
Mr Lender Traditional direct lender Short term loans Mr Lender operates under the registered name ‘PDL Finance Ltd’
Quickquid Traditional direct lender Short term loans Quickquid was launched in 2007, the first branch in the UK of the American company, CashNetUSA.
Wonga Traditional direct lender Short term loans up to £400 for new customers Wonga infamously faced nationwide criticism before the FCA era.
Payday Express Traditional direct lender Short term loans Payday express is a founding member of the Consumer Finance Association
Piggy bank Traditional direct lender Short Term Loans and Instalment Loans DJS UK Limited is the company behind Piggybank
Wageday Advance Traditional direct lender Short term flexible loans Wageday advance is a Yorkshire based company
Payday UK Traditional direct lender Payday loans Payday UK is a trading name of Instant Cash Loans, which also trades as The Money Shop and Payday Express in the UK

* We try to promote fair competition and allow customers to compare Cashfloat loans with other leading lenders in the UK. We intentionally left the Dare to Compare comparison table empty so you can do your own comparison. Although we try to be the best for you, we want you to compare and make your own decision.


At Cashfloat, we understand that a short term shortage of money can be a stressful time. Maybe this is why you were looking for Piggy Bank Loans or an alternative. However, we feel that Cashfloat offers a smarter option. Just apply today for up to £1,500, and you can have the money in your account the same day if approved. Even though we are FCA authorised, we can still approve you, even with bad credit. It’s simple. Now let’s get started.