Loans for Bad Credit

Instant Decision 3 to 60 Month Loans

£100 – £5,000 paid out by 22:27 Today

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We don’t charge you any fees

Money deposited in 15 minutes 

We don’t perform a credit check*

Bad credit loans and how to find loans for bad credit

Previously having a bad credit score meant that is was more challenging in being approved for a bad credit loan at reasonable rates. Direct lenders in the past used to base their decisions on your credit scoring to determine your suitability to lend to you. Often a bad credit score would cause a lender not to lend to a person since they were thought of being too much of high risk.

Each lender uses its own set of rules to determine an individual’s credit score. Each direct lender scoring differently depending on their chosen parameters. Some lenders would say yes to a loan application whilst another would decline the exact same application because they would look at different metrics to determine the suitability of the borrower. .

The old system of looking at a person’s credit score meant that people with bad credit to be approved for bad credit loans found that they were not accepted for a short-term loan.

Here at Cashute we are aware that people with bad credit scores need to borrow money when an emergency arises. We will work with our partner and their panel of direct lenders to find you the best loan. We understand that having a bad credit score should not make you a loan risk and that everyone is entitled to have access to short term loans when they really need one. Working with our partner we will do everything we can to match you to the best direct lender in the UK for your situation.

Why should I use Cashute if I want to apply for a bad credit loan?

Cashute is an appointed loan introducer, we are not a broker nor a lender. We work with our partner who in turn works with a select panel of over nearly 100 direct lenders. These direct lenders are geared towards helping people find a bad credit loan which closely meets their requirements. Our application form is designed to help you complete your loan application process quickly and smoothly so that we may start your search for the best short-term loan for you.

Applying is Free and No-Obligation

Are Bad Credit Loans expensive?

Payday loans have received quite a bit of negative press in the early years and there is a perception that bad credit loans are an expensive method of borrowing money. This used to be the case until in 2014 the Financial Conduct Authority stepped into the industry and started to regulate the short-term loan firms with new rules which controlled the level of interest which they could charge borrower and caps on the fees.

In 2014 the FCA placed a maximum daily interest rate cap to 0.8%. This helped borrowers from finding themselves with loans with controllable interest rates. Also, the FCA placed at limit on the amount that a borrower would ever have to repay.

As a borrower you will never have to repay more than double the initial loan amount. Therefore, is you borrow £100 you’ll never repay more than £200, according to FCA rules.

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

How do I apply for a loan for bad credit?

Having a poor or bad credit score used to be an obstacle to applying for a short-term loan. Now many direct lenders help with poor credit rating loans when you find yourself with an unexpected expense.

Our partner has helped create a fast and efficient application process. Simply click on the big pink apply now button and fill in your details which is then sent to the panel of direct lenders. They will look at your details and they will give an instant decision on your application. All the lenders in our partners panel handle applications from people with bad credit and therefore specialise in bad credit loans.

Having access to a panel of lenders means that you do away with having to fill in numerous applications which could mean that your credit score might be negatively affected if your application is decline.

Now applying for a bad credit loan online is easier than it has ever been, with more and more direct lenders in the UK making these short-term loans available. Don’t worry if you do have a bad credit score.

Having a poor credit rating is no longer seen in the negative light it once was and our direct lenders are fine with you having a poor credit rating. Today direct lenders are more interested in your current situation such as are you employee, how long have you been with your employer, are you full time or part time. It is very important to be as accurate with your application which will increase your chances of your bad credit rating loan being approved. Also please bear in mind that although direct lender look beyond your personal circumstances and will always perform a credit check as is required by The Financial Conduct Authority.

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

Applying for short term loan on mobile

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

Soft Credit Search explained.

This type of search does not have an impact on your credit rating, unlike hard credit searches which will be seen by lenders. Hard credit searches could have a negative impact on your credit rating. If you are looking for a loan with a bad credit score and have had multiple hard credit searches you may be declined.

Cashute partner panel of direct lenders uses a technology called “Soft Search Technology” which allows them to look around the market for the best bad credit short term loans without impacting negatively on your credit rating.

What should I do to improve my credit score?

Any time you are declined for a loan we recommend that you go to one of the three main credit reference agencies

Call Credit



See what information they hold about you; any incorrect or inaccurate details could be the reason that you where declined and therefore negatively impacting on your credit rating. We also recommend that if you use store cards, credit cards that you pay back all outstanding balances in time and close any account which you no longer use. Time to start getting financially fit.

Over time you will find that your credit score will improve but you must keep to your commitments and pay back any outstanding amounts on time.

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 poor credit loans have a credit check?

Always, The Financial Conduct Authority has laid out the rules with all lenders are required by law to perform a credit check, if you come across a lender claiming to offer “no credit check loans” be aware since it is not legal to do so. No legitimate direct lender company will make such a claim.

Don’t worry if you have a bad credit history our partner will help you to find the best poor credit loan for you.

Cashute does away with the long laborious process of going from one lender to another looking for a direct lender. Let us help you with our partner find the best direct lender in the UK for you which provide loans to those with poor credit.

Even if you do have bad credit you can still apply for a bad credit loan when the unexpected happens. Times have changed since the days of having to fill in numerous application and then wait for days for a decision, today direct lenders look at more than just your credit history to determine to grant a bad credit loan.

Benefits of Instant 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 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)
  • loans can help to build up your credit rating

Should I apply for a 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

What is the best poor credit loan for me?

To make sure that you get the best deal when looking for a short-term loan we work with our partner to find the best possible direct lender to suit your needs. It can get very confusing with all the different APR rates and repayment terms we can help identify those lenders which will approve your loan. Our lenders also cater for payday loans for people with bad credit and loans for bad credit without a guarantor.

In the past, people would take out a loan with the first direct lender who offered them a loan rather than looking for the best direct lender. Searching for lender proved to be time-consuming and therefore most people just settle for the first offer. This has now all changed, and we will do all of the leg work for you instead. Using our no-obligation application we will approach our panel of lenders who will look at your application since we work with a wide range of direct lender that offer a vast array of bad credit loans for people with poor credit ratings.

I am really struggling with my debts and I can’t get a consolidation loan. What can I do?

It is normal to feel like you want to ignore the problem and hopes it goes away. If you are having problems meeting your monthly repayment it is important to contact your creditor to see if you can rearrange your repayments.

If you have multiple outgoings per month to multiple creditors you may want to consider a consolidation loan. This is a preferred way to bring all payments you may have under one monthly sum. If you are not able to secure a consolidation loan, then we strongly recommend contacting your creditors immediately the sooner you can address the issue the sooner you can get it sorted and avoid any charges. The Financial Conduct Authority place a requirement on all lenders to provide a duty of care to help all customers who are going through financial difficulties.

We recommend that you also seek the advice of the companies list below, they are there to help you, they offer free debt advice.

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