£400 Loan

Instant Decision 3 to 60 Month Loans

£100 – £5,000 paid out by 21:51 Today

100% No obligation Loan Quotes

We don’t charge you any fees

Money deposited in 15 minutes 

We don’t perform a credit check*

How to borrow a £400 Loan?

400 loan when you really need one can be stressful especially when you need to pay for something urgently like getting your car back out on the road or fixing your boiler in the middle of winter. We want to help remove the annoyance and frustration for searching one direct lender after another. With Cashute you simply fill in the simple straight forward application form and we’ll take care of the rest and you could have the funds in your bank account within the hour†

When borrowing money please do not borrow more than you actually need. Even an additional £10 when you really only need to take out a £400 loan is not necessary. Some people make the mistake of taking advantage of how quickly these small loans can be paid into their bank accounts they ignore the fact that they have to be paid back at some point. This is why sometimes payday loans can be seen as expensive. Taking out just a £400 loan rather than £410 or more means you will have enough money for other important expenses.

Who Can Apply for a £400 Loan?

Anyone over the age of 18, legally resident in the UK, has a current bank account and has an income which they can prove can apply for a payday loan. Applying for a loan is open to anyone but if you are under 18 or are not legally resident in the UK you will be turned down for a loan.

Some lenders are willing to lend to people who are on benefits if they can prove that they have the means to repay the loan.

Applying is Free and No-Obligation

I really need a £400 loan today.

Sometimes when an overdue utility bill falls on our doorstep the annoyance of it can affect our judgment and we settle for the first option we come across. There are so many variables when applying for a loan can start to cloud our minds and for the sake of making the problem go away, we just say yes to the first person who comes along with a possible solution. But this can also be the most expensive and inefficient, this why applying for a £400 through Cashute maybe the quickest way to get that 400 pound loan today, we do all the hard work of finding the right payday lender to match your application.

As soon as you submit your application we get to work matching your requirements to the most suitable direct lender on our partners’ panel of trusted direct lenders in the UK. These lenders have years of knowledge and experience in funding £400 loans with bad credit along with good credit and to have the money in your account within an hour of having accepted their loan offer†

We want to make your application process go smoothly this is why we have designed it as one complete scrollable page so you don’t have to switch from one page to another looking for information here and there.

Annual interest rate of 292% (Fixed)

For example:

£200 borrowed for 35 days

Annual interest rate of 292% (Fixed)

Total amount payable is £256

1212% APR Representative

Woman Applying for short term loan

I want to borrow £400 with bad credit, is that possible?

Our lenders will accept short term loan applications for loans between £50 and £5000 from people with bad credit. So if you need to borrow £400 with bad credit you can do so in the knowledge that our lenders are used to handling these types of applications.

Your credit score will be looked at by the lenders and they will also take a look at your financial situation, if you are employed, on benefits, what your monthly income is and also your monthly expenses like, mortgage, rent to see if you would be able to make the repayments without putting yourself int financial difficulty. You can apply today for a 300 loan for people with bad credit and 300 loan for people with no guarantor.

Can I get a 400 pound loan no Credit Check

Be wary of any lender who claims to be able to offer you a £400 loan today with not credit check, as far as we know, and The Financial Conduct Authority rules state it is not currently possible to legitimately offer loans in the U.K without performing a hard credit check.

When you submit your application for a payday loan a soft credit check is performed to match you to the most likely lender who will fund the loan, when you accept the loan offer a hard credit check will be performed.

What do I need to apply?

Applying for a loan is straightforward and is all online.

Before you start your application have this ready

Details of your regular monthly income and outgoings

Mobile phone number

Valid email address

Home address for the last three years

Your Bank account

Your Debit card information

Fast, Free & Easy No-Obligation Application Process


Choose Loan Amount & Term

Simply chose how much you wish to borrow and over how many months you wish to repay the loan


Fill in the Application form

Fill in our simple application form which takes only a few minutes and then apply for your loan


Receive Your Cash

We send your application to our panel of lenders, once approved you will receive the funds directly to your bank account

Why choose Cashute

Authorised by the Financial Conduct Authority

Fast Online Application

No Payout Fees

No obligation quote

No paperwork

100% UK Based

Very High Acceptance Rates

No Hidden Costs

Can I spend my £400 on anything I like?

The whole reason that payday loans came about was to help people deal with sudden financial demands made on them. These would be an expected bill or fine, maybe the car broke down, whatever the reason these loans are not meant to be used to finance luxury purchases nor should they be used to pay off other loans as this will work out as being more expensive in the long run.

Short term loans are just that, loans to be taken out over a very short space of time, normally over 3 to 12 months, and repaid on time so that your credit score is not affected. If you need any help when it comes to your finances, we would request that you seek free and impartial debt advice from an organisation such as. nationaldebtline.org

Car Repair

Unexpected Bills

Broken Boiler



Living Expenses

Home Improvements

Over 50 Lenders

No paperwork

Flexible repayment

Instant decision

No Credit Foot Print

Fast Deposits

Do I get the £400 loan as a cash payment?

Your 400 pound loan will be deposited directly into your own bank account and can then be withdrawn as cash. You will not receive a brown envelope full of tenners in an underground car park, so when you see some firms offering “cash loans” they simply mean that money will be sent to your bank account which can then be taken out as cash.

Are £400 loans expensive?

These instant short term loans are for sudden expenses which need to be dealt with quickly, they are not designed for loan term financial borrowing as then these loans will become uneconomical.

There is a cap of 0.8% interest per day which can be charged. This is a rule The Financial Conduct Authority has stipulated, and therefore all authorised firms engaged in lending must follow these rules. Also, there is a limit on how much you can pay and you will never pay back more than double the amount borrowed overall. Short term loans are very useful when used correctly and should never be used to address a long term financial problem.

Benefits of short term loans

The biggest benefit is, of course, the ability to respond to an unexpected event with a lump sum of cash. But, compared to other types of credit, there are other benefits to applying for a short-term loan through Cashute:

  • Funds in your account within the hour (hourly payouts between 6am-11pm)
  • Pay back your loan in manageable installments
  • You don’t need a guarantor
  • Borrow from £100 to £5000 (subject to affordability)
  • Short-term loans can help to build up your credit rating

Should I apply for a short term loan?

Depending on your circumstances, you should apply if:

  • Have an unexpected expense needing a lump sum
  • Would like to replace tired or worn out furniture or items at home
  • Need a quick decision at that moment
  • Do not want to take out a payday loan
  • Wish to repay your loan by monthly instalments
  • Like the peace of mind knowing exactly how much you will have to repay each month

Will Taking Out A £400 loan Affect My Credit History for The Future?

Not at all. If and when you take out a payday loan and repay it in full and on time you will find it will have a positive effect on your credit history and credit score. If you take out a payday loan and miss some payment or default completely then your credit history will be affected. Also, if you apply for too many payday loans or other credit facilities a lender will be perform a hard credit check for each application. Too many hard credit checks can have a negative effect on your credit score. If you are having issues with repaying your short-term loan or other debts it is advisable that you contact your lender straight away.

How Do £400 Loans Work?

£400 loans work in the same way as normal payday loans. Once you have submitted your loan application, we will present it to a panel of UK Direct lenders for their consideration. Each lender will consider your loan application and based on their proprietary formulas will determine if they are the right lender for you. Once a lender has accepted your loan request you will be offered a loan.

These types of loans can be repaid on a monthly basis or on your next payday. You choose the period of time you wish to repay the loan. Each month you pay off a part of the loan until the entire loan is paid off completely.

How do I apply for the best payday loan?

To apply a loan is simple. Provided you meet the criteria listed below you can start your application process:

  • 18 years old
  • UK resident
  • Hold a UK bank account
  • Employed with a regular salary (so you can repay the money that you borrow).
  • Bank details to hand

Once completed submit the application form by clicking on the “Apply” button and we’ll find the best match for you. The search will not take long and you’ll have a response in minutes.

When you receive the loan proposal can decide if you wish to proceed with the offer. If you do want to proceed with the loan just apply and the funds will be deposited into your bank account within hours, always remember that you can apply with no obligation even if you have bad credit as many direct lenders support payday loans bad credit.

I am finding handing my debts difficult, what should I do?

If you find yourself in difficulties and are unable to make your repayments, we strongly advise that you contact your creditor immediately, we also recommend that you speak to the companies listed below.


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