Cashfloat Loans Alternative
Are you looking for a Cashfloat loan? We think we have a better alternative. Lending Stream is a reputed direct lender in the UK offering short term loans. If approved for a loan with us, we'll send the cash to your bank within 90 seconds.
Representative Example: Given a Representative APR of 1333%, if you borrow £200 over 6 months at 292.0% p.a. (fixed), you would owe 6 equal repayments of £64.44. You will repay £386.61 in total.
Warning: Late repayment can cause you serious money problems. For help go to moneyhelper.org.uk.
Representative Example: Given a Representative APR of 1333%, if you borrow £200 over 6 months at 292.0% p.a. (fixed), you would owe 6 equal repayments of £64.44. You will repay £386.61 in total.
Warning: Late repayment can cause you serious money problems. For help go to moneyhelper.org.uk.
Why choose Lending Stream as Cashfloat Alternative?
Fast
Cash sent to your bank in under 90 seconds, once approved.
Convenient
24/7 simple & online application. Instant decision. Direct lender since 2008.
Affordable
Repay in 6 monthly repayments. Pay early with no extra fees and save on interest.
Warning: Late repayment can cause you serious money
problems. For help go to moneyhelper.org.uk.
About Cashfloat
Cashfloat is a UK direct lender. They provide online loans between £300 – £2,500 for people with all credit scores.
They offer:
- Payday loans from £300 - £1,500 to be repaid between 3 to 9 months
- Personal loans from £1,500 - £2,500 to be repaid over 6 or 9 months
- Business loans from £1,000 - £100,000 to be repaid between 1 to 18 months
In most situations, applicants will receive a loan decision within 30 minutes during office hours. If your loan application is approved, you will receive the funds within one hour on weekdays. The funds will be transferred on the same day as long as you are approved by 4:30 PM.
Who owns Cashfloat?
Cashfloat is owned by Western Circle Ltd, a company registered in England and Wales. Western Circle Ltd is a lender that operates Cashfloat, offering loans to customers in the UK.
If you are looking for a Cashfloat alternative, Lending Stream could help. We are a short term loans direct lender in the UK, lending up to £1500 (£800 for first-time customers). Once you complete your loan application, we’ll make a decision in seconds. If your application is approved, we'll send the cash to your bank within 90 seconds.
Warning: Late repayment can cause you serious money problems. For help go to moneyhelper.org.uk.
Is Cashfloat still lending?
Yes, Cashfloat is still actively lending to customers in the UK. Despite the evolving financial landscape and regulatory changes, just like Lending Stream, Cashfloat remains committed to providing responsible access to credit for individuals in need.
Warning: Late repayment can cause you serious money problems. For help go to moneyhelper.org.uk.
Are Cashfloat regulated and authorised?
Yes. Cashfloat is a trading style of Western Circle Limited. The company registration number of Western Circle Limited is 7581337. Western Circle Limited is fully authorised and regulated by The Financial Conduct Authority. Their FCA registration number is 714479.
What type of loans does Cashfloat lend?
Cashfloat is a UK lender who offer:
- Payday loans from £300 - £1,500 to be repaid between 3 to 9 months
- Personal loans from £1,500 - £2,500 to be repaid over 6 or 9 months
- Business loans from £1,000 - £100,000 to be repaid between 1 to 18 months
If approved, you can get your money funded to your bank account within 1 hour as long as you are approved by 4:30 PM. However, this time may vary depending on working hours during Mon-Fri. If you fail to make your repayments on time, a £15 late fee will be added to your account the day after the missed payment.
If you are looking to borrow a smaller amount, Lending Stream could help. At Lending Stream, we offer short term loans from £50 - £1500 (up to £800 for first-time borrowers), with a repayment period of 6 months.
Warning: Late repayment can cause you serious money problems. For help go to moneyhelper.org.uk.
What can a Cashfloat loan be used for?
With Cashfloat, you can borrow a payday loan from £300 up to £1,500. You can use it for urgent financial emergencies like:
- Car repair
- Unexpected bills
- Replacing a broken appliance
Similarly, a Lending Stream loan can help you manage unexpected expenses, bills, repairs, and emergencies with up to 6 months to repay. However, unlike Cashfloat, you can apply for small loans (starting from £50) with a short payment period with us.
Warning: Late repayment can cause you serious money problems. For help go to moneyhelper.org.uk.
What APR and loan terms are offered by Cashfloat?
The interest rate charged on your Cashfloat loan depends on the amount borrowed, the type of product chosen like payday, personal, or business loan, and for how long. They have a representative APR of 611.74% for their payday loan product and a Representative APR of 295.58% for their personal loan product.
While they don't charge fees for early repayment, should you fail to make your repayments on time, you will be charged a £15 late payment fee. As with any financial arrangement, it's crucial to thoroughly review the terms and conditions of the loan, including the interest rate, monthly repayment, repayment date and applicable fees.
Cashfloat aims to send the approved loan amount to your bank within 1 hour, depending on working hours during Mon-Fri, as long as you are approved by 4:30 PM; Lending Stream is quicker. Once approved, we'll send the cash to your bank in 90 seconds.
Warning: Late repayment can cause you serious money problems. For help go to moneyhelper.org.uk.
How is Lending Stream different from (or better than) Cashfloat?
| Lending Stream | Cashfloat |
|---|---|
| With Lending Stream, you can apply for a short-term loan from as low as £50 | The minimum loan amount is £300. If you want to borrow a smaller amount, Cashfloat may not be ideal |
| At Lending Stream, we transfer the loan amount to your bank as fast as within 90 seconds once you get approved for a loan | If your loan application is approved, you will receive the funds within one hour on weekdays. The funds will be transferred on the same day as long as you are approved by 4:30 PM |
| We have a rating of 4.8 stars on Trustpilot | Cashfloat have a rating of 4.0 stars on Trustpilot |
How can I check my eligibility for a loan with Lending Stream?
To be eligible to apply for a loan with Lending Stream, you must:
- Be a UK resident
- Be at least 18 years old
- Have a valid debit card
- Have an active UK bank account
- Be in regular employment with a monthly income of at least £400
During the loan application, we may ask for income proof. We believe in treating all customers fairly and do this to ensure you can afford the monthly repayments.
At Lending Stream, we understand that bad credit can happen to anyone. We believe people are more than just their credit file, which is why we consider loans for bad credit too.
Warning: Late repayment can cause you serious money problems. For help go to moneyhelper.org.uk.
How can I apply online with Lending Stream?
To apply for a loan with us, you need to fill out our online application form and provide us with the following information:
- A few personal details
- The amount you want to borrow
- Provide us with your employment, salary, expenses, and banking details
Once we receive your loan application, we'll run an affordability and credit check. As a responsible lender, we do this to ensure that you can afford the repayments of your loan agreement. If you're approved, we'll send you the approved loan amount to your bank in 90 seconds.
Warning: Late repayment can cause you serious money problems. For help go to moneyhelper.org.uk.
Contact us - Lending Stream
If you already have an account with us, you can log in and chat with us through there. Otherwise, you can get in touch on our contact us page. If you prefer you can give us a call on 0203 808 4440#. We’re open from 9am to 6pm Monday to Fridays, and 9am to 1pm Saturdays.
FAQs - Cashfloat Loans
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Is Cashfloat legit?
Yes, Cashfloat is a legitimate lender in the UK. Cashfloat is a trading style of Western Circle Limited. Western Circle Limited are fully authorised and regulated by the Financial Conduct Authority (FCA). Their FCA registration number is 714479.
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How long do Cashfloat take to pay out?
Once your loan application is approved, the funds will be transferred to your bank within 1 hour on weekdays, as long as you are approved by 4:30 PM.
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Is Cashfloat a payday loan?
Yes, Cashfloat is a payday loan direct lender. Being a direct lender, they provide loans directly to customers without involving third-party brokers or intermediaries.
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Is Cashfloat a direct lender?
Yes, Cashfloat is a direct lender. Cashfloat have more control over the loan process, from application to approval and funding as it is a direct lender. By eliminating third-party involvement, they can offer a more streamlined and efficient borrowing experience for customers.
We don't offer loans under 60 days. We offer 6 or 12 month loans. The maximum repayment period is 12 months. Maximum APR 1721%.
Representative Example: Given a Representative APR of 1333%, if you borrow £200 over 6 months at 292.0% p.a. (fixed), you would owe 6 equal repayments of £64.44. You will repay £386.61 in total.
Warning: Late repayment can cause you serious money problems. For help go to moneyhelper.org.uk