Our application form should only take a few minutes to complete. After clicking on the submit button, you will receive an instant decision within 90 seconds. Once approved, money will be in your bank account within an hour. At Cashfloat, we understand that there may be situations when you need a faster response. In an emergency, you can contact our fast track help desk on 020 3757 1928 where a support representative will be able to help you.
What are the basic requirements to apply for a loan?
- Be over 18
- Be a citizen of the UK
- Hold a UK bank account
- Have a source of income (may be benefits if you do not hold a job)
How is Cashfloat different?
Cashfloat aims to make loans for unemployed, safe and affordable for citizens of the UK. Our advanced lending decision engines help customers get loans best suited to their needs and provide a fast and efficient service. We accept customers with all kinds of credit scores as long as you can prove you can afford to meet the repayments. Cashfloat’s loans are flexible – you can make your repayments as early as you want with no extra fee. Need ?500 up to ?1000? Apply today even with bad credit and if approved get you money within an hour!
Have you lost your job recently due to COVID 19? Click here for a comprehensive guide for those who have been made redundant. Gain knowledge about your legal rights and get advice on how to begin your search for a new job.
Can I get unemployed loans with same day payout?
Yes, if you have been approved for an unemployed loan, you will get same day payout. That’s just one of Cashfloat’s perks! Once approved, we send you the money within the hour!
Do I need a guarantor when applying for loans on benefits?
Cashfloats loans for people on benefits are no guarantor loans. In fact, all our loans are no guarantor loans. We understand that it can be frustrating trying to find a https://cashcentralpaydayloans.com/payday-loans-id/ guarantor when you are applying for a loan on benefits. Therefore, we have made all our loans no guarantor.
Can I get an emergency loan if I am on benefits?
Being on benefits does not change how we deal with your loan application. If you require an emergency loan, we advise you to contact our fast track help desk on 020 3757 1928. A support representative should be able to assist you with your emergency loan application.
Why is it better to get loans for unemployed from a direct lender?
Getting a loan with a direct lender is always preferable than getting a loan from a credit broker. There are a few reasons for this. Firstly, getting a loan direct will usually prove to be a quicker service as there is no middle party between you and the lender. Secondly, if you use broker services, and end up signing a consumer credit agreement through them, you may need to pay broker fees. There are no hidden fees when using a direct lender. Another thing to consider is that if you apply with a direct lender, only one credit check is carried out. When you apply with a broker, you can’t control how many credit checks will be carried out on your credit file.
Cashfloat is not a lender only, but also a broker. Unlike other brokers, we are not just an Introducer Appointed Representative. Instead, we’ll first see if we can give you a direct loan offer, and we only act as a broker with your express permission.