Need a short term loan up to 1100 pounds today? Even if you have a bad credit score, we can help. We are a short term loans direct lender, authorised by the Financial Conduct Authority (FCA). Apply now online and get an instant lending decision. Once approved, we will have the money in your bank account the same day, no extra fees.

Your Short Term Loan Information Card
  • You can get a short-term loan from £200 to £1100
  • Feel free to apply even with a bad credit score
  • You can repay your short term loan in 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 Short Term Loans

Short term loans – An alternative to payday loans

Getting short term loans from a regulated direct lender such as Cashfloat, is an affordable alternative to traditional payday loans in the UK. Short term loans online come with many benefits, such as lower monthly repayments and – in many cases – lower interest rates. Even for people with bad credit, all our short loans are unsecured and require no guarantor. Applying for term loans with us is easy, fast and safe. Most people complete the online short term loan application within two minutes and get an instant lending decision. We are also one of the first lenders in the UK to comply with the new GDPR rules to protect your personal information.

Cheap Short Term Loans

We go above and beyond to provide you with the best short term payday loans when applying online with Cashfloat. We’ll never charge an administration fee, and our loans are always unsecured even for people with bad credit. Please make sure you understand the complete terms of the loan as low APR and interest rates are not the only features of cheap short term loans.

What are the best short term loans?

Where will I find short term loans online with easy repayment?

The best short term loans in the UK are those that give borrowers the best credit solution for their current financial need. To find the best short term loans online, you need to consider the overall cost of credit, additional fees and the lender’s reputation. Remember, the best place to get a short term loan might not necessarily be the place where your friend got a loan. It all depends on what loan features are important to you. For example, while you may be looking for a loan with the best short term loan rates, your friend may need the best short term loans for really poor credit.

Short term loans online are available in all shapes and sizes. For short term loans with easy repayment, you will need a lender that is known for outstanding customer service and an easy-to-use customer login area. With Cashfloat, you will be able to manage your account 24/7 and repay your loan however early you want with no penalties and save on interest. Since the interest is calculated daily on the amount of capital you hold, any capital you pay early would save you interest money. Regardless of your original installment plan, you can repay your loan as early as you want without any fees. In fact, repaying your short term loan early online can be done in just a few seconds on our website!

Short Term Loans Bad Credit

Bad credit short term loans exist and are easily accessible from bad credit short term loan lenders like Cashfloat. As long as you can afford to repay your loan without going further into debt, we’ll consider your application. Unlike many banks, leading short term lenders in the UK base their lending decision on affordability and payment intention.

Can I get bad credit short term loans online?

Can I get short term loans with no credit check in the UK?

Yes, you can get a short term loan, even if you have a poor credit score, but you need to understand why your credit is poor and try to improve it. Short term loans direct lenders who are FCA authorised in the UK must carry out a credit check in order to process your application, so don’t put your safety at risk by searching for a short term loan with no credit check.

Short term loans with no credit check are not a valid option from FCA-authorised lenders. We recommend that you avoid anyone who offers you a short term loan without a credit check. If you think you have found a short term loans no credit check direct lender, you’ve probably stumbled across illegal loan sharks. Short term loans with no credit check do not exist in the UK. When applying online with Cashfloat, we are looking at more than your credit score. We are interested in your ability to pay the instalments on time. Therefore, there is no need to look for no credit check short term loans.

Short Term Loans Direct Lenders

In the UK, you will find direct lenders as well as brokers offering short term loans online. Whereas a direct lender will lend you the money directly, a broker will only locate a lender for you and then transfer you to them to complete the process. In short, applying through a short term loan direct lender rather than a short term loans broker is normally quicker, easier and safer.

Which short term lenders are legitimate?

Can I get short term loans with bad credit from direct lenders?

Whether you choose to apply through a direct short term loans lender or with a broker, the first step is to always check that the lender is authorised and regulated by the Financial Conduct Authority. Besides for the fact that short term loans direct lenders in the UK are only legally allowed to lend with a license, unlicensed short term loan lenders are dangerous and should be avoided at all costs.

At Cashfloat, bad credit is not a showstopper. On the contrary, we take pride in being one of the short term loans direct lenders for bad credit in the UK. Not all direct lenders will accept applicants with bad credit. However, not all direct lenders will accept applicants with bad credit so make sure to check before applying. Please note that for a lender to give a loan without a credit check is illegal. We therefore advise you not to search for short term loans no credit check direct lenders, but for short term loans direct lenders in the UK instead.

Short loans

Short loans or as some people call them short term loans are short term payday loans that can be paid in several instalments. The term short-loans refers to the duration of the loan. Term loans direct lenders would usually allow up to 6 months to repay the loan. In the UK you can get instant short term loans with no guarantor. Term loans monthly repayment is usually more affordable than a payday loan.

Term Loans Online with Cashfloat: What you need to know

  • You need a loan and you need it now. Even with bad credit, Cashfloat short term loans may just be the right credit option for you. The online loan application process is simple, and you can complete it in just a few minutes on your computer or mobile phone. Once your online loan application is approved, then you will usually get the cash into your bank account within an hour. No paperwork needed. As well, you can easily repay your installments as early as you want, saving on the overall cost of credit.

  • Thousands of people in the UK use our FCA-approved short term credit line every month. Our customer satisfaction level is among the highest in the industry. Our customers include NHS nurses, teachers, drivers, administrative workers, students and people that need cash advances to cover unexpected expenses or to pay bills. We aim to provide you with the best short term loans in the UK, exactly when you need it.

  • Did you know? Cashfloat short term loans are calculated using simple interest rate. Unlike most loans that banks in the UK offer, here at Cashfloat we never charge interest on the interest (compound interest). You pay only for the money you get.

  • Cashfloat short term loans are available for people with bad credit in the UK. Cashfloat is a new direct lender! We give you the loans directly.

Getting a short term loan from Cashfloat direct lender

In the heat of the moment when in need of fast cash, people tend to search for quick, easy credit solutions. It is vital to understand that borrowing money is a serious decision. Many of the websites you will find online belong to brokers or just marketers. Cashfloat is an FCA authorised direct lender. We provide you with the short term loans directly. We never ask for a guarantor, and many of our happy customers have poor credit score. We never judge people just by a number. When you work with Cashfloat to obtain a responsible short term loan online, we will always be there for you.

Written by: Kelly R
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