{"id":111,"date":"2020-01-21T03:16:15","date_gmt":"2020-01-21T03:16:15","guid":{"rendered":"https:\/\/learnbonds.com\/?page_id=146284"},"modified":"2024-04-29T11:02:01","modified_gmt":"2024-04-29T11:02:01","slug":"loans-cashfloat-review","status":"publish","type":"page","link":"https:\/\/learnbonds.com\/uk\/payday-loans\/cashfloat-review","title":{"rendered":"CashFloat Loan Review 2021 | Read This Before Applying"},"content":{"rendered":"<p><img decoding=\"async\" class=\"alignright wp-image-146288 size-full\" src=\"https:\/\/learnbonds.com\/wp-content\/uploads\/2019\/08\/cashfloat.png\" alt=\"CashFloat Logo\" width=\"225\" height=\"225\" \/>If you find yourself stuck in a rut financially, CashFloat might be the short-term lender to get you out.<\/p>\n<p>But much as you might need cash urgently, it helps to get to know the financier a little better before committing to a <a href=\"https:\/\/learnbonds.com\/loans\">loan<\/a>.<\/p>\n<p>To help you along, we have carried out a thorough analysis of every important aspect you need to find out before signing up.<\/p>\n<p>Our comprehensive review of CashFloat loans will reveal everything you need to know and much more. Read on to find out whether or not it is the ideal service for you.<\/p>\n<div data-accordeon class=\"toc-block\">\n  <div data-accordeon-item>\n    <div data-accordeon-title class=\"toc-title-wrapper\">\n      <div type=\"button\" class=\"toc-btn toc-btn_main\">\n          <svg width=\"12\" height=\"6\" viewBox=\"0 0 14 8\" class=\"icon\" fill=\"none\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\">\n    <path d=\"M1 1L7 7L13 1\" stroke=\"#fff\" stroke-width=\"2\" stroke-linecap=\"round\" stroke-linejoin=\"round\"\/>\n<\/svg>\n          <\/div>\n      <span class=\"toc-title\">\n        In This Guide      <\/span>\n    <\/div>\n      <ul data-accordeon-content class=\"toc-list\" style=\"display: none;\">\n          <li class=\"StepProgress-item\">\n  <div data-accordeon-item>\n  <div class=\"StepProgress-item__group\" >\n    <a href=\"#what_is_cashfloat\" class=\"btn-handleTocScrollToTitle StepProgress-item__link\" data-level=\"2\">What is CashFloat?<\/a>\n\n        <\/div>\n\n    <\/li>  <li class=\"StepProgress-item\">\n  <div data-accordeon-item>\n  <div class=\"StepProgress-item__group\" >\n    <a href=\"#pros_and_cons_of_a_cashfloat_loan\" class=\"btn-handleTocScrollToTitle StepProgress-item__link\" data-level=\"2\">Pros and Cons of a CashFloat Loan<\/a>\n\n        <\/div>\n\n    <\/li>  <li class=\"StepProgress-item subList-in-progress\">\n  <div data-accordeon-item>\n  <div class=\"StepProgress-item__group\" >\n    <a href=\"#how_does_a_cashfloat_loan_work\" class=\"btn-handleTocScrollToTitle StepProgress-item__link\" data-level=\"2\">How does a CashFloat loan work?<\/a>\n\n          <button data-accordeon-title class=\"toc-btn\" type=\"button\">\n        <svg width=\"12\" height=\"6\" viewBox=\"0 0 14 8\" class=\"icon\" fill=\"none\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\">\n    <path d=\"M1 1L7 7L13 1\" stroke=\"#060606\" stroke-width=\"2\" stroke-linecap=\"round\" stroke-linejoin=\"round\"\/>\n<\/svg>\n          <\/button>\n        <\/div>\n\n      <ol data-accordeon-content class=\"StepProgress-sub-list\" style=\"display: none;\" id=\"TOC1sublist-how_does_a_cashfloat_loan_work\">\n                <li class=\"StepProgress-sub-item\">\n            <a href=\"#support_and_fees\" class=\"btn-handleTocScrollToTitle StepProgress-item__link\" data-level=\"3\">Support and fees<\/a>\n          <\/li>\n                <li class=\"StepProgress-sub-item\">\n            <a href=\"#funds_disbursement\" class=\"btn-handleTocScrollToTitle StepProgress-item__link\" data-level=\"3\">Funds disbursement<\/a>\n          <\/li>\n                <li class=\"StepProgress-sub-item\">\n            <a href=\"#repayment_and_interest_rate\" class=\"btn-handleTocScrollToTitle StepProgress-item__link\" data-level=\"3\">Repayment and interest rate<\/a>\n          <\/li>\n          <\/ol>\n  <\/div>\n    <\/li>  <li class=\"StepProgress-item\">\n  <div data-accordeon-item>\n  <div class=\"StepProgress-item__group\" >\n    <a href=\"#what_loan_products_does_cashfloat_offer\" class=\"btn-handleTocScrollToTitle StepProgress-item__link\" data-level=\"2\">What loan products does CashFloat offer?<\/a>\n\n        <\/div>\n\n    <\/li>  <li class=\"StepProgress-item subList-in-progress\">\n  <div data-accordeon-item>\n  <div class=\"StepProgress-item__group\" >\n    <a href=\"#cashfloat_account_creation_and_borrowing_process\" class=\"btn-handleTocScrollToTitle StepProgress-item__link\" data-level=\"2\">CashFloat Account Creation and Borrowing Process<\/a>\n\n          <button data-accordeon-title class=\"toc-btn\" type=\"button\">\n        <svg width=\"12\" height=\"6\" viewBox=\"0 0 14 8\" class=\"icon\" fill=\"none\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\">\n    <path d=\"M1 1L7 7L13 1\" stroke=\"#060606\" stroke-width=\"2\" stroke-linecap=\"round\" stroke-linejoin=\"round\"\/>\n<\/svg>\n          <\/button>\n        <\/div>\n\n      <ol data-accordeon-content class=\"StepProgress-sub-list\" style=\"display: none;\" id=\"TOC1sublist-cashfloat_account_creation_and_borrowing_process\">\n                <li class=\"StepProgress-sub-item\">\n            <a href=\"#1_on_the_homepage_of_the_website_scroll_down_to_find_a_section_entitled_complete_our_secure_application\" class=\"btn-handleTocScrollToTitle StepProgress-item__link\" data-level=\"4\">1. On the homepage of the website, scroll down to find a section entitled \u201cComplete our secure application.\u201d<\/a>\n          <\/li>\n                <li class=\"StepProgress-sub-item\">\n            <a href=\"#2_provide_details_about_your_monthly_income_and_that_of_your_partner\" class=\"btn-handleTocScrollToTitle StepProgress-item__link\" data-level=\"4\">2. Provide details about your monthly income and that of your partner.<\/a>\n          <\/li>\n                <li class=\"StepProgress-sub-item\">\n            <a href=\"#3_after_that_you_will_need_to_enter_your_expenses_in_terms_of_shared_expenses_if_at_all_you_share\" class=\"btn-handleTocScrollToTitle StepProgress-item__link\" data-level=\"4\">3. After that, you will need to enter your expenses, in terms of shared expenses if at all you share.<\/a>\n          <\/li>\n                <li class=\"StepProgress-sub-item\">\n            <a href=\"#4_provide_your_employment_details_starting_with_your_employment_type_and_title_name_of_company_and_industry_and_the_duration\" class=\"btn-handleTocScrollToTitle StepProgress-item__link\" data-level=\"4\">4. Provide your employment details starting with your employment type and title, name of company and industry and the duration.<\/a>\n          <\/li>\n                <li class=\"StepProgress-sub-item\">\n            <a href=\"#5_finally_you_will_need_to_enter_your_bank_account_details_where_the_lender_will_provide_your_funds\" class=\"btn-handleTocScrollToTitle StepProgress-item__link\" data-level=\"4\">5. Finally, you will need to enter your bank account details where the lender will provide your funds.<\/a>\n          <\/li>\n          <\/ol>\n  <\/div>\n    <\/li>  <li class=\"StepProgress-item\">\n  <div data-accordeon-item>\n  <div class=\"StepProgress-item__group\" >\n    <a href=\"#eligibility_criteria_for_cashfloat_loan\" class=\"btn-handleTocScrollToTitle StepProgress-item__link\" data-level=\"2\">Eligibility Criteria for CashFloat Loan<\/a>\n\n        <\/div>\n\n    <\/li>  <li class=\"StepProgress-item\">\n  <div data-accordeon-item>\n  <div class=\"StepProgress-item__group\" >\n    <a href=\"#information_borrowers_need_to_provide_to_get_cashfloat_loan\" class=\"btn-handleTocScrollToTitle StepProgress-item__link\" data-level=\"2\">Information Borrowers Need to Provide to Get CashFloat Loan<\/a>\n\n        <\/div>\n\n    <\/li>  <li class=\"StepProgress-item\">\n  <div data-accordeon-item>\n  <div class=\"StepProgress-item__group\" >\n    <a href=\"#what_are_cashfloat_loan_borrowing_costs\" class=\"btn-handleTocScrollToTitle StepProgress-item__link\" data-level=\"2\">What are CashFloat loan borrowing costs?<\/a>\n\n        <\/div>\n\n    <\/li>  <li class=\"StepProgress-item\">\n  <div data-accordeon-item>\n  <div class=\"StepProgress-item__group\" >\n    <a href=\"#cashfloat_customer_support\" class=\"btn-handleTocScrollToTitle StepProgress-item__link\" data-level=\"2\">CashFloat Customer Support<\/a>\n\n        <\/div>\n\n    <\/li>  <li class=\"StepProgress-item\">\n  <div data-accordeon-item>\n  <div class=\"StepProgress-item__group\" >\n    <a href=\"#cashfloat_review_verdict\" class=\"btn-handleTocScrollToTitle StepProgress-item__link\" data-level=\"2\">CashFloat Review Verdict<\/a>\n\n        <\/div>\n\n    <\/li>  <li class=\"StepProgress-item\">\n  <div data-accordeon-item>\n  <div class=\"StepProgress-item__group\" >\n    <a href=\"#glossary_of_loaning_terms\" class=\"btn-handleTocScrollToTitle StepProgress-item__link\" data-level=\"2\">Glossary of loaning Terms<\/a>\n\n        <\/div>\n\n    <\/li>  <li class=\"StepProgress-item\">\n  <div data-accordeon-item>\n  <div class=\"StepProgress-item__group\" >\n    <a href=\"#faq\" class=\"btn-handleTocScrollToTitle StepProgress-item__link\" data-level=\"2\">FAQ<\/a>\n\n        <\/div>\n\n    <\/li>      <\/ul>\n  <\/div>\n    <ul data-accordeon-content class=\"toc-list\" style=\"display: none;\">\n        <li class=\"StepProgress-item\">\n  <div data-accordeon-item>\n  <div class=\"StepProgress-item__group\" >\n    <a href=\"#what_is_cashfloat\" class=\"btn-handleTocScrollToTitle StepProgress-item__link\" data-level=\"2\">What is CashFloat?<\/a>\n\n        <\/div>\n\n    <\/li>  <li class=\"StepProgress-item\">\n  <div data-accordeon-item>\n  <div class=\"StepProgress-item__group\" >\n    <a href=\"#pros_and_cons_of_a_cashfloat_loan\" class=\"btn-handleTocScrollToTitle StepProgress-item__link\" data-level=\"2\">Pros and Cons of a CashFloat Loan<\/a>\n\n        <\/div>\n\n    <\/li>  <li class=\"StepProgress-item subList-in-progress\">\n  <div data-accordeon-item>\n  <div class=\"StepProgress-item__group\" >\n    <a href=\"#how_does_a_cashfloat_loan_work\" class=\"btn-handleTocScrollToTitle StepProgress-item__link\" data-level=\"2\">How does a CashFloat loan work?<\/a>\n\n          <button data-accordeon-title class=\"toc-btn\" type=\"button\">\n        <svg width=\"12\" height=\"6\" viewBox=\"0 0 14 8\" class=\"icon\" fill=\"none\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\">\n    <path d=\"M1 1L7 7L13 1\" stroke=\"#060606\" stroke-width=\"2\" stroke-linecap=\"round\" stroke-linejoin=\"round\"\/>\n<\/svg>\n          <\/button>\n        <\/div>\n\n      <ol data-accordeon-content class=\"StepProgress-sub-list\" style=\"display: none;\" id=\"TOC1sublist-how_does_a_cashfloat_loan_work\">\n                <li class=\"StepProgress-sub-item\">\n            <a href=\"#support_and_fees\" class=\"btn-handleTocScrollToTitle StepProgress-item__link\" data-level=\"3\">Support and fees<\/a>\n          <\/li>\n                <li class=\"StepProgress-sub-item\">\n            <a href=\"#funds_disbursement\" class=\"btn-handleTocScrollToTitle StepProgress-item__link\" data-level=\"3\">Funds disbursement<\/a>\n          <\/li>\n                <li class=\"StepProgress-sub-item\">\n            <a href=\"#repayment_and_interest_rate\" class=\"btn-handleTocScrollToTitle StepProgress-item__link\" data-level=\"3\">Repayment and interest rate<\/a>\n          <\/li>\n          <\/ol>\n  <\/div>\n    <\/li>  <li class=\"StepProgress-item\">\n  <div data-accordeon-item>\n  <div class=\"StepProgress-item__group\" >\n    <a href=\"#what_loan_products_does_cashfloat_offer\" class=\"btn-handleTocScrollToTitle StepProgress-item__link\" data-level=\"2\">What loan products does CashFloat offer?<\/a>\n\n        <\/div>\n\n    <\/li>  <li class=\"StepProgress-item subList-in-progress\">\n  <div data-accordeon-item>\n  <div class=\"StepProgress-item__group\" >\n    <a href=\"#cashfloat_account_creation_and_borrowing_process\" class=\"btn-handleTocScrollToTitle StepProgress-item__link\" data-level=\"2\">CashFloat Account Creation and Borrowing Process<\/a>\n\n          <button data-accordeon-title class=\"toc-btn\" type=\"button\">\n        <svg width=\"12\" height=\"6\" viewBox=\"0 0 14 8\" class=\"icon\" fill=\"none\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\">\n    <path d=\"M1 1L7 7L13 1\" stroke=\"#060606\" stroke-width=\"2\" stroke-linecap=\"round\" stroke-linejoin=\"round\"\/>\n<\/svg>\n          <\/button>\n        <\/div>\n\n      <ol data-accordeon-content class=\"StepProgress-sub-list\" style=\"display: none;\" id=\"TOC1sublist-cashfloat_account_creation_and_borrowing_process\">\n                <li class=\"StepProgress-sub-item\">\n            <a href=\"#1_on_the_homepage_of_the_website_scroll_down_to_find_a_section_entitled_complete_our_secure_application\" class=\"btn-handleTocScrollToTitle StepProgress-item__link\" data-level=\"4\">1. On the homepage of the website, scroll down to find a section entitled \u201cComplete our secure application.\u201d<\/a>\n          <\/li>\n                <li class=\"StepProgress-sub-item\">\n            <a href=\"#2_provide_details_about_your_monthly_income_and_that_of_your_partner\" class=\"btn-handleTocScrollToTitle StepProgress-item__link\" data-level=\"4\">2. Provide details about your monthly income and that of your partner.<\/a>\n          <\/li>\n                <li class=\"StepProgress-sub-item\">\n            <a href=\"#3_after_that_you_will_need_to_enter_your_expenses_in_terms_of_shared_expenses_if_at_all_you_share\" class=\"btn-handleTocScrollToTitle StepProgress-item__link\" data-level=\"4\">3. After that, you will need to enter your expenses, in terms of shared expenses if at all you share.<\/a>\n          <\/li>\n                <li class=\"StepProgress-sub-item\">\n            <a href=\"#4_provide_your_employment_details_starting_with_your_employment_type_and_title_name_of_company_and_industry_and_the_duration\" class=\"btn-handleTocScrollToTitle StepProgress-item__link\" data-level=\"4\">4. Provide your employment details starting with your employment type and title, name of company and industry and the duration.<\/a>\n          <\/li>\n                <li class=\"StepProgress-sub-item\">\n            <a href=\"#5_finally_you_will_need_to_enter_your_bank_account_details_where_the_lender_will_provide_your_funds\" class=\"btn-handleTocScrollToTitle StepProgress-item__link\" data-level=\"4\">5. Finally, you will need to enter your bank account details where the lender will provide your funds.<\/a>\n          <\/li>\n          <\/ol>\n  <\/div>\n    <\/li>  <li class=\"StepProgress-item\">\n  <div data-accordeon-item>\n  <div class=\"StepProgress-item__group\" >\n    <a href=\"#eligibility_criteria_for_cashfloat_loan\" class=\"btn-handleTocScrollToTitle StepProgress-item__link\" data-level=\"2\">Eligibility Criteria for CashFloat Loan<\/a>\n\n        <\/div>\n\n    <\/li>  <li class=\"StepProgress-item\">\n  <div data-accordeon-item>\n  <div class=\"StepProgress-item__group\" >\n    <a href=\"#information_borrowers_need_to_provide_to_get_cashfloat_loan\" class=\"btn-handleTocScrollToTitle StepProgress-item__link\" data-level=\"2\">Information Borrowers Need to Provide to Get CashFloat Loan<\/a>\n\n        <\/div>\n\n    <\/li>  <li class=\"StepProgress-item\">\n  <div data-accordeon-item>\n  <div class=\"StepProgress-item__group\" >\n    <a href=\"#what_are_cashfloat_loan_borrowing_costs\" class=\"btn-handleTocScrollToTitle StepProgress-item__link\" data-level=\"2\">What are CashFloat loan borrowing costs?<\/a>\n\n        <\/div>\n\n    <\/li>  <li class=\"StepProgress-item\">\n  <div data-accordeon-item>\n  <div class=\"StepProgress-item__group\" >\n    <a href=\"#cashfloat_customer_support\" class=\"btn-handleTocScrollToTitle StepProgress-item__link\" data-level=\"2\">CashFloat Customer Support<\/a>\n\n        <\/div>\n\n    <\/li>  <li class=\"StepProgress-item\">\n  <div data-accordeon-item>\n  <div class=\"StepProgress-item__group\" >\n    <a href=\"#cashfloat_review_verdict\" class=\"btn-handleTocScrollToTitle StepProgress-item__link\" data-level=\"2\">CashFloat Review Verdict<\/a>\n\n        <\/div>\n\n    <\/li>  <li class=\"StepProgress-item\">\n  <div data-accordeon-item>\n  <div class=\"StepProgress-item__group\" >\n    <a href=\"#glossary_of_loaning_terms\" class=\"btn-handleTocScrollToTitle StepProgress-item__link\" data-level=\"2\">Glossary of loaning Terms<\/a>\n\n        <\/div>\n\n    <\/li>  <li class=\"StepProgress-item\">\n  <div data-accordeon-item>\n  <div class=\"StepProgress-item__group\" >\n    <a href=\"#faq\" class=\"btn-handleTocScrollToTitle StepProgress-item__link\" data-level=\"2\">FAQ<\/a>\n\n        <\/div>\n\n    <\/li>    <\/ul>\n<\/div>\n\n                                        <div class=\"inContentProviderSingle inContentColor--learnbonds fc-row\">\n                        <div class=\"inContentProviderSingle--wrapper\">\n                            <div class=\"container\">\n                                <div class=\"row mb-lg-3\">\n                                    <div class=\"col-12 col-md-8\">\n                                        <p class=\"inContentProviderSingle--title\">Try Our Recommended UK Payday Loan Provider 2020:<\/p>\n                                    <\/div>\n                                    <div class=\"col-12 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                                    <img decoding=\"async\" class=\"inContentProviderSingle--img mb-3\" src=\"https:\/\/learnbonds.com\/uk\/wp-content\/uploads\/sites\/2\/2020\/01\/lendingstream_250_250.png\" alt=\"\" width=\"125\" height=\"60\">\n                                    <\/div>\n\n                                    <div class=\"col-12 col-md-8\">\n                                                                                    <ul class=\"inContentProviderSingle--list\">\n                                                                                                    <li>Get an Instant Quote<\/li>\n                                                                                                    <li>Apply within 2 Minutes<\/li>\n                                                                                                    <li>Friendly Support Service<\/li>\n                                                                                                    <li>FCA Regulated<\/li>\n                                                                                            <\/ul><!--\/.inContentProviderSingle--lis-->\n                                                                            <\/div>\n                                    <!-- *******  Desktop Provider Logo ********** -->\n                                    <div class=\"col-12 col-md-4 d-none d-sm-none d-md-block d-lg-block\">\n                                        <img decoding=\"async\" class=\"inContentProviderSingle--img float-right\" src=\"https:\/\/learnbonds.com\/uk\/wp-content\/uploads\/sites\/2\/2020\/01\/lendingstream_250_250.png\" alt=\"\" width=\"125\" height=\"60\">\n                                    <\/div>\n                                <\/div><!--\/.row-->\n                                <div class=\"row\">\n                                    <div class=\"col-12 text-center\">\n                                                                                    <div class=\"inContentProviderSingle--button\">\n                                                                                                <a href=\"https:\/\/learnbonds.com\/uk\/visit\/lendingstream\" title=\"Start Trading\" rel=\"sponsored\" data-relfix=\"1\">Apply Now!<\/a>\n                                            <\/div>\n                                                                                <div class=\"inContentProviderSingle--disclaimerText\">\n                                            *Subject to lender requirements and approval.                                        <\/div>\n                                    <\/div>\n                                <\/div><!--\/.row-->\n                            <\/div><!--\/.container-->\n                        <\/div><!--\/.inContentProviderSingle--wrapper-->\n                    <\/div><!--\/.inContentProvider--single-->\n                            \n            \n<h2 id=\"what_is_cashfloat\">What is CashFloat?<\/h2>\n<p><img decoding=\"async\" class=\"alignleft wp-image-3465 size-full\" src=\"https:\/\/learnbonds.com\/uk\/wp-content\/uploads\/sites\/2\/2020\/03\/cashfloat.co_.uk_.png\" alt=\"A screengrab of cashfloat's payday loan application process\" width=\"350\" height=\"350\" srcset=\"https:\/\/learnbonds.com\/uk\/wp-content\/uploads\/sites\/2\/2020\/03\/cashfloat.co_.uk_.png 350w, https:\/\/learnbonds.com\/uk\/wp-content\/uploads\/sites\/2\/2020\/03\/cashfloat.co_.uk_-300x300.png 300w, https:\/\/learnbonds.com\/uk\/wp-content\/uploads\/sites\/2\/2020\/03\/cashfloat.co_.uk_-150x150.png 150w\" sizes=\"(max-width: 350px) 100vw, 350px\" \/><\/p>\n<p>CashFloat is a short-term loan provider based in the UK, offering loans that range from \u00a3200 to \u00a31,100. It prides itself in easy application, fast approval and immediate payouts.<\/p>\n<p>The company operates under Western Circle Limited, which is a fully regulated entity under the Financial Conduct Authority (FCA).<\/p>\n<p>Its loans specifically target borrowers with bad credit and therefore, it does not focus solely on <a href=\"https:\/\/learnbonds.com\/loans\/bad-credit-loans\">credit score<\/a> during application assessment.<\/p>\n<p>As an authorized direct lender, it strives to make the borrowing experience safe as well as hassle-free.<\/p>\n<p>It has a variety of loans for different applicants and flexible terms and their eligibility terms are friendly. We\u2019ll find out more about the platform below.<\/p>\n<p>\u00a0<\/p>\n<p><em><div class=\"su-note\"  style=\"border-color:#e5e54c;border-radius:3px;-moz-border-radius:3px;-webkit-border-radius:3px;\"><div class=\"su-note-inner su-u-clearfix su-u-trim\" style=\"background-color:#FFFF66;border-color:#ffffff;color:#333333;border-radius:3px;-moz-border-radius:3px;-webkit-border-radius:3px;\"><i class=\"omsc-icon sui sui-info-circle\" style=\"\"><\/i> <\/em>CashFloat is a highly reputable short-term lender offering three different loan products to suit its different applicants. It has a simple online process for application and offers fast approval and funding. The lender\u2019s rates are among the cheapest in the industry and its customer support is excellent.<em><\/div><\/div><\/em><\/p>\n<h2 id=\"pros_and_cons_of_a_cashfloat_loan\">Pros and Cons of a CashFloat Loan<\/h2>\n<div class=\"su-note\"  style=\"border-color:#EFEFEF50;border-radius:3px;-moz-border-radius:3px;-webkit-border-radius:3px;\"><div class=\"su-note-inner su-u-clearfix su-u-trim\" style=\"background-color:#EFEFEF50;border-color:#EFEFEF50;color:#333333;border-radius:3px;-moz-border-radius:3px;-webkit-border-radius:3px;\">\n<div class=\"su-row\"><div class=\"su-column su-column-size-1-2\"><div class=\"su-column-inner su-u-clearfix su-u-trim\">\n<p><strong>Pros<\/strong><\/p>\n<div class=\"su-list\" style=\"margin-left:0px\">\n<ul>\n<li><i class=\"sui sui-check-circle\" style=\"color:#77e31f\"><\/i> It is a regulated and fully authorized lender under the FCA<\/li>\n<li><i class=\"sui sui-check-circle\" style=\"color:#77e31f\"><\/i> Offers fast application and approval process<\/li>\n<li><i class=\"sui sui-check-circle\" style=\"color:#77e31f\"><\/i> Same day funding available<\/li>\n<li><i class=\"sui sui-check-circle\" style=\"color:#77e31f\"><\/i> Offers one of the lowest APRs in the UK with daily interests from as low as 0.5%<\/li>\n<li><i class=\"sui sui-check-circle\" style=\"color:#77e31f\"><\/i> Can connect you to alternative lenders when your application is rejected<\/li>\n<li><i class=\"sui sui-check-circle\" style=\"color:#77e31f\"><\/i> Has a mobile app for fast funding on the go<\/li>\n<li><i class=\"sui sui-check-circle\" style=\"color:#77e31f\"><\/i> Has a loan calculator that offers transparency into the fees and rates, letting you make a comparison with other providers<\/li>\n<\/ul>\n<\/div>\n<\/div><\/div><div class=\"su-column su-column-size-1-2\"><div class=\"su-column-inner su-u-clearfix su-u-trim\">\n<p><strong>Cons<\/strong><\/p>\n<div class=\"su-list\" style=\"margin-left:0px\">\n<ul>\n<li><i class=\"sui sui-remove\" style=\"color:#e31f28\"><\/i> Low loan ceiling<\/li>\n<li><i class=\"sui sui-remove\" style=\"color:#e31f28\"><\/i> Applying for a loan here might affect your credit score as the lender performs a hard credit check<\/li>\n<\/ul>\n<\/div><\/div><\/div><\/div><\/div><\/div>\n<h2 id=\"how_does_a_cashfloat_loan_work\">How does a CashFloat loan work?<\/h2>\n<p>CashFloat seeks to set itself apart from other lenders in a number of ways. One of the differences is the fact that it assesses borrowers based not only on credit but on affordability. Therefore, <a href=\"https:\/\/learnbonds.com\/uk\/bad-credit-loans\">bad creditors<\/a> who have what it takes to pay back the loans can qualify.<\/p>\n<p>Another differentiating feature is the speed at which the provider processes loans. The application and decision-making process is streamlined so as to offer same-day funding. And this comes at no extra charge to the borrower. The only condition is that you apply during work hours.<\/p>\n<p>The platform also encourages borrowers to save money by making early repayments. It therefore does not charge any fees for early payments. At the same time, it offers an opportunity for discussion whenever you find yourself unable to meet the repayment.<\/p>\n<h3 id=\"support_and_fees\">Support and fees<\/h3>\n<p>Its customer support team is friendly and always ready to help, even by rearranging payments. All you have to do is to make a call before the due date and make relevant arrangements.<\/p>\n<p>If you default on payments without alerting the support team, you will be subjected to a default fee. And the outstanding amount will accrue interests on a daily basis and you will have a maximum of 60 days to make repayment.<\/p>\n<p>Missing payments will not only lead to default fees and interest accrual but will also harm your credit score. Since the provider reports to credit agencies, you might have difficulties accessing funding in the future or find it very expensive with a poor score.<\/p>\n<p><img decoding=\"async\" class=\"alignnone wp-image-3441 size-full\" src=\"https:\/\/learnbonds.com\/uk\/wp-content\/uploads\/sites\/2\/2020\/03\/end-banner-cashfloat-cares_1000x300.jpg\" alt=\"A screen grab of part of cashfloat payday website\" width=\"1000\" height=\"300\" srcset=\"https:\/\/learnbonds.com\/uk\/wp-content\/uploads\/sites\/2\/2020\/03\/end-banner-cashfloat-cares_1000x300.jpg 1000w, https:\/\/learnbonds.com\/uk\/wp-content\/uploads\/sites\/2\/2020\/03\/end-banner-cashfloat-cares_1000x300-300x90.jpg 300w, https:\/\/learnbonds.com\/uk\/wp-content\/uploads\/sites\/2\/2020\/03\/end-banner-cashfloat-cares_1000x300-768x230.jpg 768w\" sizes=\"(max-width: 1000px) 100vw, 1000px\" \/><\/p>\n<h3 id=\"funds_disbursement\">Funds disbursement<\/h3>\n<p>On the website, you will find a loan calculator. Before you apply for a loan, you will have the opportunity to determine the best fit. You can use it to set the amount and term of the loan then assess the repayment amount and determine whether it is suitable or not.<\/p>\n<p>If you find the terms satisfactory, you can proceed with the application process by filling out the application form. After you submit your details, the provider will take anywhere from 1 hour to 3 hours to send you a decision. You will get the decision via email.<\/p>\n<p>In case they need to confirm some details or ask questions before approval, they will call you. And if they approve your loan, you will likely get funding on <a href=\"https:\/\/learnbonds.com\/uk\/same-day-loans\">the same day<\/a>. Once you get the loan, start arranging for repayments.<\/p>\n<p>These usually take place monthly using a continuous payment authority (CPA). A CPA is essentially a recurring payment under which you allow a company to withdraw funds from a given account on regular basis.<\/p>\n<h3 id=\"repayment_and_interest_rate\">Repayment and interest rate<\/h3>\n<p>Unlike a debit credit, this provision allows the company in question to withdraw funds any time they want to and to take payments in varying amounts without having to consult you. If you want to cancel the CPA at any time, simply consult the lender or your bank and make the relevant arrangements.<\/p>\n<p>The lender offers specific amounts that you can borrow for specific terms. These are:<\/p>\n<ul>\n<li>\u00a3200 to \u00a3250 \u2013 1 to 2 months<\/li>\n<li>\u00a3300 \u2013 1 to 3 months<\/li>\n<li>\u00a3350 to \u00a3450 \u2013 2 to 3 months<\/li>\n<li>\u00a3500 to \u00a3600 \u2013 2 to 4 months<\/li>\n<li>\u00a3600 to \u00a3850 \u2013 3 to 4 months<\/li>\n<li>\u00a3900 to \u00a31,100 \u2013 4 months<\/li>\n<\/ul>\n<p>If you are a new customer on the platform, you can only borrow a maximum of \u00a3500. But if you prove to be creditworthy by repaying the full loan within the required time, you can qualify for the full amount.<\/p>\n<p>Another interesting aspect about the lender is that if it declines to fund your application, it will request for permission to get you another lender. In case you accept the request, you may be able to find funding without having to go through the arduous application process all over again.<\/p>\n<p>Though the official maximum daily interest rate for short-term loans in the UK is 0.8%, CashFloat offers loans from as low as 0.5%. And since it is simple interest, the final amount is lower than would have been the case had they used compound interest.<\/p>\n<h2 id=\"what_loan_products_does_cashfloat_offer\">What loan products does CashFloat offer?<\/h2>\n<p>CashFloat offers a variety of loan products to meet the needs of different borrowers. These include:<\/p>\n<p><strong>Short-term Loans<\/strong><\/p>\n<p>These are online credit facilities with flexible installment options for repayment. The platform notifies borrowers of all upcoming payments in advance. It debits all loans using simple direct debit card options.<\/p>\n<p><strong>Payday Loans 2.0<\/strong><\/p>\n<p>The platform offers a fresh alternative to traditional <a href=\"https:\/\/learnbonds.com\/loans\/payday-loans\/same-day\">payday loans<\/a>. With this option, you can get your funds as fast as you need and pay back whenever you want so as to save on interests. Apart from its same-day funding feature, the loan also has one of the highest acceptance rates compared to other products on the site.<\/p>\n<p><strong>Money on Demand<\/strong><\/p>\n<p>You can use the site\u2019s mobile app to access money instantly under the Money on Demand product. It comes in the form of a free download and offers the fastest way to get cash. Moreover, the app uses bank-grade security on the mobile platform.<\/p>\n<h2 id=\"cashfloat_account_creation_and_borrowing_process\">CashFloat Account Creation and Borrowing Process<\/h2>\n<p>The account creation and borrowing process on CashFloat is very simple and intuitive.<\/p>\n<h4 id=\"1_on_the_homepage_of_the_website_scroll_down_to_find_a_section_entitled_complete_our_secure_application\">1. On the homepage of the website, scroll down to find a section entitled \u201cComplete our secure application.\u201d<\/h4>\n<p><img decoding=\"async\" class=\"aligncenter wp-image-146290 size-full\" src=\"https:\/\/learnbonds.com\/wp-content\/uploads\/2019\/08\/cashfloat-step5.png\" alt=\"CashFloat registration page\" width=\"1660\" height=\"629\" \/><\/p>\n<p>Start by filling in the loan details which include the loan amount, duration and payday. Next, fill in your personal details starting with your name, date of birth and email address and then your phone and postcode. You will also need to enter your residential details and marital status.<\/p>\n<h4 id=\"2_provide_details_about_your_monthly_income_and_that_of_your_partner\">2. Provide details about your monthly income and that of your partner.<\/h4>\n<p>Enter any other sources of income as well as the number of dependents you support.<\/p>\n<h4 id=\"3_after_that_you_will_need_to_enter_your_expenses_in_terms_of_shared_expenses_if_at_all_you_share\">3. After that, you will need to enter your expenses, in terms of shared expenses if at all you share.<\/h4>\n<p>These may include your rent, food expenses and transport as well as loan repayments and other credit commitments.<\/p>\n<h4 id=\"4_provide_your_employment_details_starting_with_your_employment_type_and_title_name_of_company_and_industry_and_the_duration\">4. Provide your employment details starting with your employment type and title, name of company and industry and the duration.<\/h4>\n<p>Provide your work phone number and email as well as the website and postcode among other details.<\/p>\n<h4 id=\"5_finally_you_will_need_to_enter_your_bank_account_details_where_the_lender_will_provide_your_funds\">5. Finally, you will need to enter your bank account details where the lender will provide your funds.<\/h4>\n<div class=\"su-note\"  style=\"border-color:#e5e54c;border-radius:3px;-moz-border-radius:3px;-webkit-border-radius:3px;\"><div class=\"su-note-inner su-u-clearfix su-u-trim\" style=\"background-color:#FFFF66;border-color:#ffffff;color:#333333;border-radius:3px;-moz-border-radius:3px;-webkit-border-radius:3px;\"><i class=\"omsc-icon sui sui-info-circle\" style=\"\"><\/i><em>It\u2019s essential to be cautious during the sign up process for these products. This is because you can end up owing two to three times what you borrow on the longer-term loans, and many have difficulty repaying the short-term loans without reborrowing.<\/em><\/div><\/div>\n<h2 id=\"eligibility_criteria_for_cashfloat_loan\">Eligibility Criteria for CashFloat Loan<\/h2>\n<div class=\"su-list\" style=\"margin-left:0px\">\n<p>Qualifying for a loan on the platform is not at all complicated. Here are the criteria you need to meet:<\/p>\n<ul>\n<li><i class=\"sui sui-check-circle\" style=\"color:#189d2b\"><\/i> Be at least 18 years old<\/li>\n<li><i class=\"sui sui-check-circle\" style=\"color:#189d2b\"><\/i> Be a UK resident<\/li>\n<li><i class=\"sui sui-check-circle\" style=\"color:#189d2b\"><\/i> Have an active UK bank account<\/li>\n<li><i class=\"sui sui-check-circle\" style=\"color:#189d2b\"><\/i> Be employed<\/li>\n<li><i class=\"sui sui-check-circle\" style=\"color:#189d2b\"><\/i> Have a regular income<\/li>\n<\/ul>\n<\/div>\n<h2 id=\"information_borrowers_need_to_provide_to_get_cashfloat_loan\">Information Borrowers Need to Provide to Get CashFloat Loan<\/h2>\n<div class=\"su-list\" style=\"margin-left:0px\">\n<p>When applying for a loan on the site, here is the information you will need to provide:<\/p>\n<ul>\n<li><i class=\"sui sui-check-circle\" style=\"color:#189d2b\"><\/i> Personal details<\/li>\n<li><i class=\"sui sui-check-circle\" style=\"color:#189d2b\"><\/i> Contact details<\/li>\n<li><i class=\"sui sui-check-circle\" style=\"color:#189d2b\"><\/i> Residential details<\/li>\n<li><i class=\"sui sui-check-circle\" style=\"color:#189d2b\"><\/i> Marital status<\/li>\n<li><i class=\"sui sui-check-circle\" style=\"color:#189d2b\"><\/i> Employment details<\/li>\n<li><i class=\"sui sui-check-circle\" style=\"color:#189d2b\"><\/i> Income information<\/li>\n<li><i class=\"sui sui-check-circle\" style=\"color:#189d2b\"><\/i> Bank account information<\/li>\n<\/ul>\n<p><em><\/div><\/em><\/p>\n<h2 id=\"what_are_cashfloat_loan_borrowing_costs\">What are CashFloat loan borrowing costs?<\/h2>\n<p>CashFloat is one of the cheapest short-term lenders out there. Here is a look at its fees and borrowing costs:<\/p>\n<ul>\n<li>APR \u2013 997%<\/li>\n<li>Late payment\/default fee \u2013 \u00a315<\/li>\n<li>Arrangement (origination) fee \u2013 nil<\/li>\n<li>Early repayment fee \u2013 nil<\/li>\n<\/ul>\n<p>Take a look at the representative example:<\/p>\n<ul>\n<li>Amount borrowed \u2013 \u00a3 500<\/li>\n<li>Loan term \u2013 4 months<\/li>\n<li>Installments \u2013 4<\/li>\n<li>Repayment amounts \u2013 \u00a3215.81<\/li>\n<li>APR \u2013 997%<\/li>\n<li>Total repayment amount \u2013 \u00a3863.24<\/li>\n<\/ul>\n<h2 id=\"cashfloat_customer_support\">CashFloat Customer Support<\/h2>\n<p>One of the most remarkable aspects of CashFloat is that it provides exceptional services including customer support. You can easily tell from the overwhelming number of positive customer reviews, which is surprising for a short-term lender.<\/p>\n<h2 id=\"cashfloat_review_verdict\">CashFloat Review Verdict<\/h2>\n<p>CashF-loat gains our full recommendation as a reliable and solid short-term financing provider. It is a comparatively cost-effective service provider with a great reputation for good customer support.<\/p>\n<p>It offers multiple loan options, even allowing borrowers to access funding on the go using a mobile app. There are no prepayment fees or application fees. The only fees you may have to pay are default fees.<\/p>\n<p>The application process is simple and straightforward and funding is almost immediate. The only downside is that they will need to check your credit which may impact your score. And the loan limit is also quite low.<\/p>\n<p>But overall, this is a great choice of platform for times when you need quick access to emergency funding.<\/p>\n                                        <div class=\"inContentProviderSingle inContentColor--learnbonds fc-row\">\n                        <div class=\"inContentProviderSingle--wrapper\">\n                            <div class=\"container\">\n                                <div class=\"row mb-lg-3\">\n                                    <div class=\"col-12 col-md-8\">\n                                        <p class=\"inContentProviderSingle--title\">Try Our Recommended UK Payday Loan Provider 2020:<\/p>\n                                    <\/div>\n                                    <div class=\"col-12 col-md-4\">\n                                        <div class=\"inContentProviderSingle--rating\">\n                                            <div class=\"rating--holder\">\n                                                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title=\"Start Trading\" rel=\"sponsored\" data-relfix=\"1\">Apply Now!<\/a>\n                                            <\/div>\n                                                                                <div class=\"inContentProviderSingle--disclaimerText\">\n                                            *Subject to lender requirements and approval.                                        <\/div>\n                                    <\/div>\n                                <\/div><!--\/.row-->\n                            <\/div><!--\/.container-->\n                        <\/div><!--\/.inContentProviderSingle--wrapper-->\n                    <\/div><!--\/.inContentProvider--single-->\n                            \n            \n<h2 id=\"glossary_of_loaning_terms\">Glossary of loaning Terms<\/h2>\n\n\t\t<div class=\"glossary-component--container\">\n\t\t\t<div class=\"glossary-component--inner\">\n\t\t\t\t<div class=\"glossary-component--term\"><div class=\"glossary-component--term-image\"><img decoding=\"async\" src=\"https:\/\/learnbonds.com\/uk\/wp-content\/uploads\/sites\/2\/2020\/03\/Credit-Score.png\" alt=\"Loans Glossary\"\/><\/div><div class=\"glossary-component--term-title\"><span>Credit Score<\/span><\/div><div class=\"glossary-component--term-text\"><p>A credit score shows your creditworthiness. It's primarily based on how much money you owe to loan or credit card companies, if you have ever missed payments or if you have ever defaulted on a loan. <\/p><\/div><\/div><div class=\"glossary-component--term\"><div class=\"glossary-component--term-image\"><img decoding=\"async\" src=\"https:\/\/learnbonds.com\/uk\/wp-content\/uploads\/sites\/2\/2020\/03\/Guaranteed.png\" alt=\"Loans Glossary\"\/><\/div><div class=\"glossary-component--term-title\"><span>Guaranteed Approval <\/span><\/div><div class=\"glossary-component--term-text\"><p>Guaranteed Approval is when, no matter how bad, your credit score its, your loan application will not get declined.\r\n<\/p><\/div><\/div><div class=\"glossary-component--term\"><div class=\"glossary-component--term-image\"><img decoding=\"async\" src=\"https:\/\/learnbonds.com\/uk\/wp-content\/uploads\/sites\/2\/2020\/03\/Credit-Limit.png\" alt=\"Loans Glossary\"\/><\/div><div class=\"glossary-component--term-title\"><span>Credit Limit <\/span><\/div><div class=\"glossary-component--term-text\"><p>A Credit Limit is the highest amont of credit a lender will lend to the borrower.<\/p><\/div><\/div><div class=\"glossary-component--term\"><div class=\"glossary-component--term-image\"><img decoding=\"async\" src=\"https:\/\/learnbonds.com\/uk\/wp-content\/uploads\/sites\/2\/2020\/03\/Collateral.png\" alt=\"Loans Glossary\"\/><\/div><div class=\"glossary-component--term-title\"><span>Collateral<\/span><\/div><div class=\"glossary-component--term-text\"><p>Collateral is when you put up an item against your loan such as your house or car. These can be repossessed if you miss payments.<\/p><\/div><\/div><div class=\"glossary-component--term\"><div class=\"glossary-component--term-image\"><img decoding=\"async\" src=\"https:\/\/learnbonds.com\/uk\/wp-content\/uploads\/sites\/2\/2020\/03\/Cash-Advance.png\" alt=\"Loans Glossary\"\/><\/div><div class=\"glossary-component--term-title\"><span>Cash Advance  <\/span><\/div><div class=\"glossary-component--term-text\"><p>A Cash Advance is a short-term loan that has steep interest rates and fees.<\/p><\/div><\/div><div class=\"glossary-component--term\"><div class=\"glossary-component--term-image\"><img decoding=\"async\" src=\"https:\/\/learnbonds.com\/uk\/wp-content\/uploads\/sites\/2\/2020\/03\/Credit-Rating.png\" alt=\"Loans Glossary\"\/><\/div><div class=\"glossary-component--term-title\"><span>Credit Rating<\/span><\/div><div class=\"glossary-component--term-text\"><p>Your Credit Rating is how likely you are to fulfill your loan payments and how risky you are as a borrower.\r\n<\/p><\/div><\/div><div class=\"glossary-component--term\"><div class=\"glossary-component--term-image\"><img decoding=\"async\" src=\"https:\/\/learnbonds.com\/uk\/wp-content\/uploads\/sites\/2\/2020\/03\/Fixed-Interest.png\" alt=\"Stocks Glossary\"\/><\/div><div class=\"glossary-component--term-title\"><span>Fixed Interest Rate<\/span><\/div><div class=\"glossary-component--term-text\"><p>Fixed Interest Rate is when the interest rate of your loan will not change over the period you are paying off you loan.<\/p><\/div><\/div><div class=\"glossary-component--term\"><div class=\"glossary-component--term-image\"><img decoding=\"async\" src=\"https:\/\/learnbonds.com\/uk\/wp-content\/uploads\/sites\/2\/2020\/03\/Interest.png\" alt=\"Stocks Glossary\"\/><\/div><div class=\"glossary-component--term-title\"><span>Interest <\/span><\/div><div class=\"glossary-component--term-text\"><p>The Interest is a percentage based on the amount of your loan that you pay back to the lender for using their money<\/p><\/div><\/div><div class=\"glossary-component--term\"><div class=\"glossary-component--term-image\"><img decoding=\"async\" src=\"https:\/\/learnbonds.com\/uk\/wp-content\/uploads\/sites\/2\/2020\/03\/Default.png\" alt=\"Loans Glossary\"\/><\/div><div class=\"glossary-component--term-title\"><span>Default <\/span><\/div><div class=\"glossary-component--term-text\"><p>If you default on your loan it means you are unable to keep up with your payments and no longer pay back your loan.<\/p><\/div><\/div><div class=\"glossary-component--term\"><div class=\"glossary-component--term-image\"><img decoding=\"async\" src=\"https:\/\/learnbonds.com\/uk\/wp-content\/uploads\/sites\/2\/2020\/03\/Late-Fee.png\" alt=\"Loans Glossary\"\/><\/div><div class=\"glossary-component--term-title\"><span>Late Fee<\/span><\/div><div class=\"glossary-component--term-text\"><p>If you miss a payment the lender will charge you for being late, this is known as a late fee.<\/p><\/div><\/div><div class=\"glossary-component--term\"><div class=\"glossary-component--term-image\"><img decoding=\"async\" src=\"https:\/\/learnbonds.com\/uk\/wp-content\/uploads\/sites\/2\/2020\/03\/Unsecured.png\" alt=\"Loans Glossary\"\/><\/div><div class=\"glossary-component--term-title\"><span>Unsecured Personal Loan<\/span><\/div><div class=\"glossary-component--term-text\"><p>An Unsecured Personal Loan is when you have a loan based solely on your creditworthliness without using collateral.<\/p><\/div><\/div><div class=\"glossary-component--term\"><div class=\"glossary-component--term-image\"><img decoding=\"async\" src=\"https:\/\/learnbonds.com\/uk\/wp-content\/uploads\/sites\/2\/2020\/03\/Secured-Loan.png\" alt=\"Loans Glossary\"\/><\/div><div class=\"glossary-component--term-title\"><span>Secured Loan<\/span><\/div><div class=\"glossary-component--term-text\"><p>A Secured Loan is when you put collateral such as your house or car up against the amount you're borrowing.<\/p><\/div><\/div><div class=\"glossary-component--term\"><div class=\"glossary-component--term-image\"><img decoding=\"async\" src=\"https:\/\/learnbonds.com\/uk\/wp-content\/uploads\/sites\/2\/2020\/03\/Prime-Rate.png\" alt=\"Loans Glossary\"\/><\/div><div class=\"glossary-component--term-title\"><span>Prime Rate<\/span><\/div><div class=\"glossary-component--term-text\"><p>This is the Interest Rate used by banks for borrowers with good credit scores.<\/p><\/div><\/div><div class=\"glossary-component--term\"><div class=\"glossary-component--term-image\"><img decoding=\"async\" src=\"https:\/\/learnbonds.com\/uk\/wp-content\/uploads\/sites\/2\/2020\/03\/Principle.png\" alt=\"Loans Glossary\"\/><\/div><div class=\"glossary-component--term-title\"><span>Principal<\/span><\/div><div class=\"glossary-component--term-text\"><p>The Principal amount the borrower owes the lender, not including any  interest or fees.<\/p><\/div><\/div><div class=\"glossary-component--term\"><div class=\"glossary-component--term-image\"><img decoding=\"async\" src=\"https:\/\/learnbonds.com\/uk\/wp-content\/uploads\/sites\/2\/2020\/03\/Variable-Rate.png\" alt=\"Stocks Glossary\"\/><\/div><div class=\"glossary-component--term-title\"><span>Variable Rate<\/span><\/div><div class=\"glossary-component--term-text\"><p> A Variable Rate is when the interest rate of you loan will change with inflation. Sometimes this will lower your interest rate, but other times it will increase. <\/p><\/div><\/div><div class=\"glossary-component--term\"><div class=\"glossary-component--term-image\"><img decoding=\"async\" src=\"https:\/\/learnbonds.com\/uk\/wp-content\/uploads\/sites\/2\/2020\/03\/Installment-Loan.png\" alt=\"Loans Glossary\"\/><\/div><div class=\"glossary-component--term-title\"><span>Installment Loan<\/span><\/div><div class=\"glossary-component--term-text\"><p>An Installment Loan is a loan that is paid back bi-weekly or monthly over the period in which the loan is borrowed for.<\/p><\/div><\/div><div class=\"glossary-component--term\"><div class=\"glossary-component--term-image\"><img decoding=\"async\" src=\"https:\/\/learnbonds.com\/uk\/wp-content\/uploads\/sites\/2\/2020\/03\/Bridge-Loan.png\" alt=\"Loans Glossary\"\/><\/div><div class=\"glossary-component--term-title\"><span>Bridge Loan <\/span><\/div><div class=\"glossary-component--term-text\"><p>A Bridge Loan is a short term loand that can last from 2 weeks up to 3 years dependant on lender.<\/p><\/div><\/div><div class=\"glossary-component--term\"><div class=\"glossary-component--term-image\"><img decoding=\"async\" src=\"https:\/\/learnbonds.com\/uk\/wp-content\/uploads\/sites\/2\/2020\/03\/AAA-Credit.png\" alt=\"Loans Glossary\"\/><\/div><div class=\"glossary-component--term-title\"><span>AAA Credit<\/span><\/div><div class=\"glossary-component--term-text\"><p>Having an AAA Credit Rating is the highest rating you can have.<\/p><\/div><\/div><div class=\"glossary-component--term\"><div class=\"glossary-component--term-image\"><img decoding=\"async\" src=\"https:\/\/learnbonds.com\/uk\/wp-content\/uploads\/sites\/2\/2020\/03\/Guarantor.png\" alt=\"Loans Glossary\"\/><\/div><div class=\"glossary-component--term-title\"><span>Guarantor <\/span><\/div><div class=\"glossary-component--term-text\"><p>A Guarantor co-signs on a loan stating the borrower is able to make the payments, but if they miss any or default the Guarantor will have to pay.\r\n\r\n\r\n\r\n<\/p><\/div><\/div><div class=\"glossary-component--term\"><div class=\"glossary-component--term-image\"><img decoding=\"async\" src=\"https:\/\/learnbonds.com\/uk\/wp-content\/uploads\/sites\/2\/2020\/03\/LIBOR.png\" alt=\"Stocks Glossary\"\/><\/div><div class=\"glossary-component--term-title\"><span>LIBOR <\/span><\/div><div class=\"glossary-component--term-text\"><p>LIBOR is the London Inter-Bank Offered Rate which is the benchmarker for the interest rates in London. It is an average of the estimates interest rates given by different banks based on what they feel would be the best interest rate for future loans.<\/p><\/div><\/div><div class=\"glossary-component--term\"><div class=\"glossary-component--term-image\"><img decoding=\"async\" src=\"https:\/\/learnbonds.com\/uk\/wp-content\/uploads\/sites\/2\/2020\/03\/Home-Equity.png\" alt=\"Loans Glossary\"\/><\/div><div class=\"glossary-component--term-title\"><span>Home Equity Loans <\/span><\/div><div class=\"glossary-component--term-text\"><p>Home Equity Loans is where you borrow the equity from your property and pay it back with interest and fees over an agreed time period with the lender.<\/p><\/div><\/div><div class=\"glossary-component--term\"><div class=\"glossary-component--term-image\"><img decoding=\"async\" src=\"https:\/\/learnbonds.com\/uk\/wp-content\/uploads\/sites\/2\/2020\/03\/Debt.png\" alt=\"Loans Glossary\"\/><\/div><div class=\"glossary-component--term-title\"><span>Debt Consolidation <\/span><\/div><div class=\"glossary-component--term-text\"><p>Debt Consolidation is when you take out one loans to pay off all others. This leads to one monthly payment, usually with a lower interest rate.<\/p><\/div><\/div><div class=\"glossary-component--term\"><div class=\"glossary-component--term-image\"><img decoding=\"async\" src=\"https:\/\/learnbonds.com\/uk\/wp-content\/uploads\/sites\/2\/2020\/03\/Federal-Student.png\" alt=\"Loans Glossary\"\/><\/div><div class=\"glossary-component--term-title\"><span>Student Loan<\/span><\/div><div class=\"glossary-component--term-text\"><p>If you obtain a Student Loan to pay your way through College then you loan is held with the Department for Education U.K.\r\n\r\n\r\n<\/p><\/div><\/div><div class=\"glossary-component--term\"><div class=\"glossary-component--term-image\"><img decoding=\"async\" src=\"https:\/\/learnbonds.com\/uk\/wp-content\/uploads\/sites\/2\/2020\/03\/Broker.png\" alt=\"Loans Glossary\"\/><\/div><div class=\"glossary-component--term-title\"><span>Student Grants<\/span><\/div><div class=\"glossary-component--term-text\"><p>Financial Aid in the form of grants is funding available to post-secondary education students throughout the United Kingdom and you are not required to pay grant<\/p><\/div><\/div>\t\t\t<\/div>\n\t\t<\/div>\n\n\t\t\n<h2 id=\"faq\">FAQ<\/h2>\n<div role=\"heading\" data-hveid=\"CAsQBQ\"><div class='man_faq_sec' itemscope itemtype='https:\/\/schema.org\/FAQPage'> <\/time><time itemprop=\"dateModified\" datetime=\"2020-06-17 17:07:56\"><\/time><script>jQuery(document).ready(function() {\r\n\t\t\tjQuery('.accordionButton').on('click', function() {\r\n\r\n\t\t\t\t\/\/REMOVE THE ON CLASS FROM ALL BUTTONS\r\n\t\t\t\tjQuery('.accordionButton').removeClass('on');\r\n\t\t\t\t\t\r\n\t\t\t\t\/\/NO MATTER WHAT WE CLOSE ALL OPEN SLIDES\r\n\t\t\t\tjQuery('.accordionContent').slideUp('normal');\r\n\t\t\t\r\n\t\t\t\t\/\/IF THE NEXT SLIDE WASN'T OPEN THEN OPEN IT\r\n\t\t\t\tif(jQuery(this).closest('.ms_faq').find('.accordionContent').is(':hidden') == true) {\r\n\t\t\t\t\t\r\n\t\t\t\t\t\/\/ADD THE ON CLASS TO THE BUTTON\r\n\t\t\t\t\tjQuery(this).closest('.ms_faq').find('.accordionButton').addClass('on');\r\n\t\t\t\t\t\t\r\n\t\t\t\t\t\/\/OPEN THE SLIDE\r\n\t\t\t\t\tjQuery(this).closest('.ms_faq').find('.accordionContent').slideDown('normal');\r\n\t\t\t\t} \r\n\t\t\t\t\t\r\n\t\t\t\t});\r\n\t\t\t});\r\n\t\t\t<\/script><section class=\"ms_faq ms_card \" ><div itemscope itemprop=\"mainEntity\" itemtype=\"https:\/\/schema.org\/Question\"><div class=\"accordionButton\"><h3 itemprop=\"name\">What is the difference between short term and payday loans?<\/h3> <\/div>\n<div class=\"accordionContent\" itemscope itemprop=\"acceptedAnswer\" itemtype=\"https:\/\/schema.org\/Answer\" style=\"display:none;\"><p itemprop=\"text\">While you can repay short-term loans in installments over a period of time, you would need to pay payday loans as a lump sum on payday. CashFloat offers both types of loans to suit different applicants in various circumstances.<\/p>\r\n                <\/div><\/div><\/section>\n<section class=\"ms_faq ms_card \" ><div itemscope itemprop=\"mainEntity\" itemtype=\"https:\/\/schema.org\/Question\"><div class=\"accordionButton\"><h3 itemprop=\"name\">If CashFloat declines my application can I apply again?<\/h3> <\/div>\n<div class=\"accordionContent\" itemscope itemprop=\"acceptedAnswer\" itemtype=\"https:\/\/schema.org\/Answer\" style=\"display:none;\"><p itemprop=\"text\">Yes. Though you can only have your loan approved if the factor that led to your being declined has changed.<\/p>\r\n                <\/div><\/div><\/section>\n<section class=\"ms_faq ms_card \" ><div itemscope itemprop=\"mainEntity\" itemtype=\"https:\/\/schema.org\/Question\"><div class=\"accordionButton\"><h3 itemprop=\"name\">Can I qualify for a loan with bad credit?<\/h3> <\/div>\n<div class=\"accordionContent\" itemscope itemprop=\"acceptedAnswer\" itemtype=\"https:\/\/schema.org\/Answer\" style=\"display:none;\"><p itemprop=\"text\">Yes. CashFloat considers your credit score as well as other factors and not the score in isolation. To qualify for a loan with bad credit you need to meet the basic criteria outlined. But additionally, you would need to prove that you have steady income to confirm that you can afford the loan.<\/p>\r\n                <\/div><\/div><\/section>\n<section class=\"ms_faq ms_card \" ><div itemscope itemprop=\"mainEntity\" itemtype=\"https:\/\/schema.org\/Question\"><div class=\"accordionButton\"><h3 itemprop=\"name\">Is it possible for me to get a loan without a credit check?<\/h3> <\/div>\n<div class=\"accordionContent\" itemscope itemprop=\"acceptedAnswer\" itemtype=\"https:\/\/schema.org\/Answer\" style=\"display:none;\"><p itemprop=\"text\">No. Among the requirements that the FCA lays out for licensed lenders is to check that the loan will assist an applicant in their current situation. As a responsible lender, CashFloat performs thorough credit and affordability checks on all applicants prior to approval.<\/p>\r\n                <\/div><\/div><\/section>\n<section class=\"ms_faq ms_card \" ><div itemscope itemprop=\"mainEntity\" itemtype=\"https:\/\/schema.org\/Question\"><div class=\"accordionButton\"><h3 itemprop=\"name\">Is it possible for me to get a loan without a credit check?<\/h3> <\/div>\n<div class=\"accordionContent\" itemscope itemprop=\"acceptedAnswer\" itemtype=\"https:\/\/schema.org\/Answer\" style=\"display:none;\"><p itemprop=\"text\">No. Among the requirements that the FCA lays out for licensed lenders is to check that the loan will assist an applicant in their current situation. As a responsible lender, CashFloat performs thorough credit and affordability checks on all applicants prior to approval.<\/p>\r\n                <\/div><\/div><\/section>\n<section class=\"ms_faq ms_card \" ><div itemscope itemprop=\"mainEntity\" itemtype=\"https:\/\/schema.org\/Question\"><div class=\"accordionButton\"><h3 itemprop=\"name\">Is it safe to borrow from CashFloat?<\/h3> <\/div>\n<div class=\"accordionContent\" itemscope itemprop=\"acceptedAnswer\" itemtype=\"https:\/\/schema.org\/Answer\" style=\"display:none;\"><p itemprop=\"text\">Yes. CashFloat is a regulated lender with the FCA and operates a secure website with standard encryption protocol.<\/p>\r\n                <\/div><\/div><\/section>\n<\/div>\n<h2>UK Payday Loan Reviews- A-Z Directory<\/h2>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>CashFloat Loan Review 2020 | Read This Before Applying<br \/>\nWant an advance of \u00a31000 payable in 4 months at 0.5% interest from CashFloat? We detail what you need here<\/p>\n","protected":false},"author":644,"featured_media":146289,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"class_list":["post-111","page","type-page","status-publish","has-post-thumbnail","hentry"],"acf":{"show_disclaimer":false},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.8.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>CashFloat Loan Review 2021 \u2013 READ THIS BEFORE Applying! - LearnBonds UK<\/title>\n<meta name=\"description\" content=\"Read our 2021 review on CashFloat loans. We&#039;ve covered APR rates, fees, eligibility and more. 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