Representative APR 49.9%.

Representative Example: Borrow £1200 for 18 months. Total amount payable £1628.28 in 18 monthly instalments of £90.46. Total Interest £428.28. Interest Rate 49.9.% pa (variable). Rates between 9.3% APR and 1294% APR - no obligation quote and APR will be based on your personal circumstances. Loans from £50 to £500 over a 3-to-36-month term. Subject to lender's requirements and approval. *Once approved, your cash could be sent within 5 minutes. The time that it takes for the cash to be received in your account will depend on your bank’s policies and procedures.

Warning: Late repayment can cause you serious money problems. For help, go to moneyhelper.org.uk

Cashfloat offers short-term loans (unsecured loans) to consumers in shortage of a fast cash solution. Their loans begin from £300 up to £1,000 for times between 3 to 6 months, so they are capable to give flexibility to their consumers.

Cashfloat alternative makes it obvious in their mission report that they know unexpected consequences of life and the demand for emergency money at a moment’s note. It is because they give short-term alternative loans to people from a variety of financial circumstances. Cashfloat alternative is a direct lender and broker whereas Payday Loan UK is only a direct lender.

Since 2014, they have been giving credit for temporary cash problems to customers with bad credit and securing lending judgments according to affordability, as we do at Payday Loans. According to Cashfloat inspections, they use the time to examine every circumstance and every applicant’s requirements to give cash loans to those who they believe are capable to repay comfortably.

Similar to Payday Loans, Cashfloat alternative give flexibility and a special approach to their lending choices to help those who may have been wheeled away by other lenders. They also grant bad credit loans to those who may have suffered financial problems in history, so we both cater to a range of requirements.

Borrow From Cashfloat

Loans from Cashfloat alternative begin from £300 to a peak of £1,000, so they can provide for some extensive expenses, varying on your affordability. As these loans are given for a short repayment duration of 3 to 6 months, they can probably work as an alternative to cash loans to close the gap in your investments before your next payday.

We offer a very comparable service at Payday Loans UK, as our minimum repayment period is 6 to 36 months, comparably greater than Cashfloat, and the maximum quantity of cash we provide to all new and customers to ask for is between £50-£5000. We never require applicants to get out more than they can support because late repayment can cause you serious money problems and will be mentioned in the loan agreement.

We both offer a personal loans approach when it appears to perform inspections on finished applications. We require to make positive that each consumer can manage the monthly repayments on their payment loans, so we individually review your monthly earnings and necessary outgoings to guarantee that you will not be moved out of pocket.

Payday Loan UK

Payday Loans as a well-known responsible lender offer a similar short-term option as compared to Cashfloat alternative loans, with its excellent financial services, taking a comparable approach to evaluating applications on an exclusive basis. We as Payday Loans UK consider our applicants’ current salary, necessary outgoings, and other business commitments to come to a conclusion, rather than examining their whole credit history as Cashfloat does. With this personal access to our affordability checks, we can guarantee that we make effective lending decisions. We provide instant cash loans directly to your UK bank account after the loan agreement as payday lenders. We do not serve as a credit broker and we are direct lenders.

Why Choose Payday Loans UK For Getting Loans?

As an FCA authorised lenders and added on financial services register, here are some reasons to choose us:

1. Safe and Secure Transactions

The online transaction process at Payday Loans UK is very safe and secure. All your personal and financial details are kept confidential, and the site is protected by the latest security technologies. So you can be assured that your information is safe when you use Payday Loans UK to get a loan.

2. Fast and Easy Application Process

The application process at Payday Loans UK is very fast and easy. You can apply for a loan online in just a few minutes, and you will know if you have been approved for a loan within minutes of submitting your application. This means that you can get the money you need quickly and easily.

3. Wide Variety of Loan Options

At Payday Loans UK, we offer a wide variety of loan options for each and every need. We have payday, instalment, title loans and many more types of loans on offer. So you can choose the one that works best for your individual financial situation.

4. Soft Credit Check Required

At Payday Loans UK, we only perform a soft credit check before approving a loan application. This means that people with bad credit history can still get a loan from us if they have an urgent financial need and meet our other lending criteria. It's never been easier to get money with Payday Loans UK.​​

5. Flexible Repayment Terms

Our repayment terms are flexible, and we work with each borrower to create a repayment plan that is easy to manage and fits into their budget. This means that you can repay your loan over time without putting too much strain on your finances.

So if you are in need of a quick and easy loan, Payday Loans UK is the perfect solution for you! We offer safe, fast and easy loans to people in the UK, so apply today to get started!​

FAQs

1. What Is A Payday Loan?

A payday loan is a short-term, unsecured loan that is typically repaid on or around the borrower's next pay date. Payday loans are often used to cover unexpected expenses or to bridge a gap between income and expenses.

2. How Do Payday Loans Work?

When you take out a payday loan, your lender will provide you with a loan contract that discloses information such as the fees and interest rates. The lender will ask for basic identification and contact information, and some lenders may also ask for a bank account or employment check etc., which may be asked to prove eligibility criteria.

3. What Are The Advantages Of Using Payday Loans?

Payday advances give borrowers quick access to funds without any collateral required, which is especially helpful if the borrower has poor credit or no credit at all.

Borrowers are given a time limit to pay back the loan in full, so they have enough time to carefully budget their money accordingly.

4. Who Can Get A Payday Loan?

Payday loans are available to most consumers who meet the lender's basic eligibility criteria. Eligibility criteria may vary from lender to lender, but typically borrowers must be UK residents over the age of 18 who have a steady source of income and a checking account.

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