Lloyds Personal Loan Alternative

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Get your Lloyds Personal Loan Alternative from Cashfloat

Get up to £2,500 with same day funding!

Looking for a Lloyds personal loan with high approval rates? Cashfloat offers an affordable alternative even with a poor credit history. Our small personal loans with repayment terms of 6 or 9 months have much higher rates of acceptance than Lloyds Personal Loans. Apply now for £1,000 and £2,500 and join over 100,000 happy customers who have applied with less than a perfect credit rating.

How our Lloyds personal loan alternative works:

  1. Apply online for an affordable Lloyds personal loan alternative.
  2. Get an instant lending decision in 90 seconds.
  3. Once approved, funds will be in your account within 1 hour.
  4. Make monthly personal loan repayments.

Get your Lloyds Bank Loan Alternative today!

How do Lloyds loans compare to Cashfloat’s alternative?

Lloyds bank and Cashfloat.co.uk are both fully authorised and GDPR compliant companies. However, their lending structures work very differently. First, Lloyds offers personal loans from £1,000 – £35,000 that can be repaid up to 7 years, whereas Cashfloat’s personal loans are between £1,000 – £2,500 and must be repaid over 6 or 9 months. Furthermore, Lloyds will only provide loans to existing customers who have had an account with them for at least 1 month, whereas everyone can apply with Cashfloat!

Lloyds will also only approve customers with a perfect credit history. Any slight defect on your credit report can severely impact your chances of getting approved. In contrast, Cashfloat is a premium unsecured direct lender in the UK that provides personal loans at affordable rates even if you have been declined for credit in the past. If we see that you can afford the repayments, we will happily fund you the money today!



To summarise, we have compared the features of Cashfloat and Lloyds personal loans in a table:



Feature: Lloyds Bank Cashfloat
Loan amounts £1,000 to £35,000 £1,000 to £2,500
Loan duration 1 – 7 years 6 or 9 months
Instant decision Yes, only for existing customers Yes, always
Same-day funding Yes, only for existing customers Yes, funding in 1 hour
Bad credit accepted No Yes
Set-up fees No No

We always encourage our customers to research and compare all the credit options available to them. You can apply with Cashfloat once you have decided that our affordable small personal loans best meets your needs.

FAQ’s About Lloyds Bank loans

Do I qualify for a personal loan from Lloyds?

Below are some basic criteria that you must meet to qualify for Lloyds loans:

  • Be over 18 years old
  • UK resident
  • Hold a current account with Lloyds for at least 1 month
  • A good credit score
  • Clear evidence that you can afford the repayments

If the lender feels that there is a risk that you will delay making repayments based on your history, they will either decline your application or charge higher interest rates on your loan.

How can I improve my chances of getting accepted for a personal loan from Lloyds?

  • Make a calculation of how much you can realistically borrow
  • Work out a sensible repayment plan
  • Make sure you meet the basic loan requirements
  • Check your credit report and look for ways to improve your rating.

What can I use a Lloyds personal loan for?

You may borrow a personal loan to finance home renovations, a car purchase or for debt consolidation. However Lloyds will not provide you with a loan to finance business expenses, recreational activities such as gambling or for any illegal purposes. Borrowing in the wrong way can get you stuck in a continuous cycle of debt and can ruin your financial stability.

Cashfloat’s alternative vs Lloyds personal loans

If you’re looking for a cheap personal loan that comes with very high approval rates that you don’t have to spend years repaying, Cashfloat’s alternative may be the perfect solution. If you want a loan from Lloyds, not only do you have to be an existing customer, but if you have been declined for credit before, your chances of acceptance are slim. Cashfloat’s alternative is readily available to everyone seeking credit. As a fair and safe lender we always run several credit and affordability checks to ensure that providing you with a loan won’t ruin your financial future. Apply for Cashfloat’s alternative today and rest assured that you have the highest chances of acceptance with a lender who cares.


Cashfloat is an FCA authorised UK lender offering affordable unsecured personal loans between £1,000 and £2,500 over 6 or 9 months. As a premium direct lender, all our loans are processed, approved and funded in-house by our expert team of underwriters. They are available to assist you with any difficulties you may encounter at any point in the loan process. We specialise in helping customers with less-than-perfect credit history. If we can’t fund you a loan ourselves, we are also a broker, and we will help you find another lender who can better suit your needs. Apply now to experience the Cashfloat difference.


Representative example
Total amount of credit: £1,200
Duration of the agreement: 9 months
Repayment total: £2,036.97