For All Credit Scores! Borrow £1,000–£2,500 over 3–9 months. Instant decisions, funds within an hour!

Cashfloat Bad Credit Personal Loan – Quick Approval up to £1,500

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Cashfloat offers a reliable solution for those with bad credit. Get up to £2,500 with clear repayment terms and no hidden fees. Quick decisions and a hassle-free application—borrow with confidence!
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Cashfloat offers a reliable solution for those with bad credit. Get up to £2,500 with clear repayment terms and no hidden fees. Quick decisions and a hassle-free application—borrow with confidence!
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Check Your Eligibility
You will remain in the same website.
Discover the key advantages of choosing Cashfloat for your personal loan needs:
Loans up to £1,500
Bad credit considered
No guarantor required
Fast funding process
Check Your Eligibility
You will remain in the same website.

Advantages and Disadvantages of the Cashfloat Bad Credit Personal Loan

Pros:

  • High Approval Rates: Cashfloat considers applicants with poor credit histories, increasing your chances of approval. ​
  • No Guarantor Required: You can secure a loan without the need to involve a third party as a guarantor.
  • Fast Funding: Once approved, funds can be transferred to your account within an hour during business hours.
  • Flexible Repayment Terms: Choose repayment periods between 6 to 9 months to suit your financial situation.
  • Transparent Process: Cashfloat provides a straightforward application with instant decisions and no hidden fees.

Cons:

  • Higher Interest Rates: As with many short-term loans, interest rates can be higher compared to traditional loans.
  • Limited Loan Amounts: Loans are available up to £2,500, which may not suffice for larger financial needs. ​
  • Short Repayment Period: Repayment terms are between 6 to 9 months, which might result in higher monthly payments.

FAQ

A personal loan is an unsecured loan that allows you to borrow a fixed amount of money, which you repay over a set period through regular instalments. It's commonly used for expenses like home improvements, car purchases, or unexpected bills.

Your credit score reflects your creditworthiness and influences lenders' decisions. A higher score typically means better loan terms. However, some lenders, like Cashfloat, consider applicants with poor credit histories, focusing more on current affordability than past credit issues.

No, Cashfloat offers unsecured personal loans without requiring a guarantor. This means you don't need someone else to co-sign or be responsible for your loan repayments.

Once your loan application is approved, Cashfloat aims to transfer the funds to your account within an hour during business hours, ensuring you have quick access to the money you need.

Cashfloat offers flexible repayment terms ranging from 6 to 9 months. You can choose the duration that best fits your financial situation, making it easier to manage your monthly repayments.

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