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The Answer To Your Cash Needs

Representative 277.5% APR

Representative Example: Borrow £700 and pay £111.27 per month for 12 months at an interest rate of 140% per annum (fixed).
The total charge for credit is £635.24 The total amount repayable is £1335.24. Representative 277.5% APR (variable). Your APR rate will be based on your circumstances

Non-payment could have a negative impact on your credit rating and have increased charges and interest rates.

The Great Things About KnightFinance

Super Fast Process

You could get money directly into your account after just a 15 minutes application.

Affordable Finance

Get the cash you need without the usual high costs, because of our wide range of lenders.

Low Interest Rates

Compare lenders to make sure that you get the lowest possible rates.

Unsecured loans

There’s no need to put any collateral against your credit, all our loans are unsecured.

Personal Loans that are Unsecured

It is so easy to get the finance you need today. Here at KnightFinance we pride ourselves on finding the right payment plan to suit anyone’s individual needs. Whether you are looking to borrow a small amount over a short period or are looking for much larger finance agreement we are able to help. Also known as personal loans or signature loans, unsecured loans are becoming a massively popular alternative to the standard bank loan. What unsecured refers to is how the finance is issued depending on the individual’s creditworthiness. Now when that comes to a bank loan, yes this is regarding your credit score, often making it difficult to get the finance you need. However, when we are talking about a loan that is not from a bank this is not the case. Many companies and lenders will not look at your credit score and will gauge your ability to repay on your current employment. So what is an unsecured loan really? This is quite an easy one, all it means is that the loan is not guaranteed by a property or vehicle. Because the lender does not have a source of collateral, just in case you default on payments for whatever reason, the interest for these loans can sometimes be higher than their counterparts. For those with bad credit, though, they are perfect for getting you back on track.

As a full time student working two jobs to get the bills paid and still being skint all the time, having a short term loan between pay days can be useful. Used Knight Finance after a recommendation from a friend and I’m glad I did. Borrowed just under £200 and paid £212 back, no where near the interest I would have paid elsewhere. Will definitely recommend if you’re strapped for cash and know you can pay it back.

Photo taken by Jonathan Chen

Alexia Newton

Support Worker

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Loan amount
£200 - £1,100
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Loan amount
£100 - £2,000
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Cash Float Loans

Until recently, more and more families are becoming reliant on loans and similar funding options. Unfortunately, many of these end up not getting paid. The increasing number of loan applications and consequently, unpaid loans, have pushed lenders to create solutions that would help with their dilemma so they can avoid further losses. In response, the credit scoring system was developed for exactly this purpose.

The new credit scoring system enabled lenders to easily categorize borrowers based on their financial history. Borrowers with low financial capacity (and therefore less likely to complete their loan repayments) were separated from those with high financial capacity and more likely to fulfill repayments without any hiccups.

People with low incomes usually are unable to qualify for the minimum requirement set by lenders. Given the credit scoring system, they are automatically penalized with bad credit scores. Repeat offenders with a history of late repayments or completely defaulting on loans are unable to get away since their activity is reflected on their payment record.

The Solution Offered by Cash Float Loans

What Banks Will Approve Loans With Bad Credit?

Borrowers with either bad credit ratings or payment histories are automatically barred from obtaining loans offered by traditional lenders. For lending companies, it was a much-needed solution that effectively prevented losses. But for people who couldn’t qualify for standard loans, it only meant disaster now that they are left with fewer and less practical options to help them get past their financial struggles.

An example of this is when borrowers are forced to sell personal property such as their home or vehicle. Another is when people loan money from family or friends. Both scenarios don’t always work out and it’s extremely possible that the borrower won’t be able to raise enough money or any money at all. During these dire circumstances, borrowers are often left with no other choice but to apply for weekday payday loans from direct lending services. The problem with these loans however, is that while they provide immediate financial relief, they also come at a disadvantage of having high interest rates. If left unpaid, a weekend loan will only make it worse for the borrower and possibly even leave them in bigger debt than before they took out the loan.

Considering the overly high interest that accompanies “black market” weekend loans, most borrowers get stuck in a repetitive cycle of financial difficulty.

Obtaining Payday Float Loans for Bad Credit

The number of people with bad credit scores and payment histories rose to a significant number, and so was the demand for loans that could help them get out of financial crises. It was a new market altogether comprised of borrowers needing specialized loans. In response to this trend, lenders expanded their services to include loans that were cheaper, more flexible, and more secure. One such loan is the payday float loan. That way, they could accommodate borrowers who would have otherwise been rejected by standard lending institutions. Payday float loans, along with other innovative loans developed by lenders, provide borrowers with more loan options and easy access to funds – irrespective of their credit score and payment history. Their flexibility and affordability come in handy for people who are financially struggling.

A payday float loan also has the added benefit of a seamless process from start to finish. It usually has fewer requirements, faster application, and quick approval. People with bad credit can apply for payday float loans and not have to worry about the normal difficulties of securing documents and other requirements.

How to Get A Loan – Payday Float Loans for Bad Credit

Lending companies are continuously trying to improve their services alongside recent advancements in technology and online security. Nowadays, borrowers don’t just have a plethora of loan options to choose from. They too can enjoy easy accessibility to loans no matter how bad their credit is. Back then, you had to drop by the lender’s office to apply for a loan. Today, you don’t even have to leave the comfort of your home! In fact, you can complete the entire loan process anywhere and anytime – all made possible by the internet and the wide availability of online lenders. Your loan will be instantly processed as soon as you submit an online loan application. Within minutes, you can get approved for a payday float loan. After a few hours and you’d be able to receive the funds in your bank account.

Assurance Provided by The Cash Float Loans

5 most recent personal loan reviews

Review of Colonial Second Charge Loans

I love CSC loans I have been with them nearly three years, need a top up as my son is getting married. They where brilliant as usual, no problems, done so quick - they were my life savers when needed most, thank you.

Review posted by Mary Hartnoll, Canterbury

  • Customer Service
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Review of Together

As guarantor for my daughters, loan the service we got was quick and efficient, did checks, asked questions and all was sorted very quickly, would definitely recommend Together loans to all.

Review posted by Susan Mills, Darlington

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Review of Shawbrook Bank

Brilliant service. The application process was a doddle, the Shawbrook representative who called me was polite, understanding and cheerful. The whole thing (from starting the application process to receiving the money) took around 3 or 4 hours. Very quick and efficient and no long or silly forms to fill out. Just what was necessary. Am very pleased I chose Shawbrook.

Review posted by John Marcus, Surrey

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All reviews have been sourced from the UK Trust Pilot to certify authenticity.

Representative 277.5% APR

Representative Example: Borrow £700 and pay £111.27 per month for 12 months at an interest rate of 140% per annum (fixed).
The total charge for credit is £635.24 The total amount repayable is £1335.24. Representative 277.5% APR (variable). Your APR rate will be based on your circumstances

Non-payment could have a negative impact on your credit rating and have increased charges and interest rates.