Here at CashFlex, we have partnered with a variety of lenders who are able to offer small loans of just £600. As a loan broker we understand how important it is for borrowers to be able to access loans quickly and easily, especially when an unexpected emergency arises.
Whether it’s an emergency car repair or an appliance breaking down, often expenses crop up at the worst possible times. If your budget or savings do not stretch to cover these costs, a £600 loan could provide the cash you need.
Unlike payday loans which need to be repaid in full on your next payday, our £600 loans can be repaid across 3, 6 or 12 months. By offering flexible repayment periods which suit your individual budget, it is possible to borrow the exact amount you need with repayments you can comfortably afford.
By working with a large panel of lenders, we are able to lend loans from as little as £100 up to a maximum of £5,000, with repayment lengths dependent on the amount you borrow. For example, if you choose to borrow more than £2,000, you will have loan terms available of 12, 18, 24 or 36 months.
Here at CashFlex, we have partnered with lenders who understand that a bad credit rating is not a completely accurate representation of your ability to repay a loan. Unlike traditional lenders such as banks and building societies, our lenders will consider many factors when processing your loan application. You will need to meet certain eligibility criteria, such as being over the age of 18, in receipt of a regular income and being a UK resident.
Although your credit history will be important and a credit search will be carried out, the lenders will also look at whether you are able to afford the proposed repayments. If you can show that you are budgeting well and will be able to comfortably afford to make the repayments, your £600 loan application could be approved. Even if you have struggled in the past to find a loan, you could be approved for a £600 CashFlex loan.
In the past those looking to borrow a small £600 loan would often turn to payday loans, which would need repaying in full on their next payday. Our £600 loans are designed to offer an alternative, with extended repayment periods designed to make the repayments affordable to you. However, it is worth considering that loans with the longest loan term will charge more in interest overall, compared to those which are repaid in the shortest terms.
We have developed a free eligibility checker, which will analyse your details to see whether you are likely to be accepted. The FastCheck tool does not conduct a credit check, it simply assesses your personal information to see whether you meet the eligibility criteria of the lenders.
If the eligibility checker shows that our lenders are likely to accept your application, you can decide whether to proceed with an application. The application form on our website can be completed quickly online by providing your personal details, loan requirements and income information. The details provided will then be passed across to our panel of up to 40 lenders, who will complete a soft search of your credit file. This will not leave a trace on your credit file and is simply a way for the lenders to see whether you meet their individual criteria.
As soon as a lender indicates a strong chance of acceptance, you will be redirected to their website to complete a final application. This will provide the further information they need to complete their assessment and complete a single hard check of your credit file, which will leave a footprint on your file.
The lender will then process your application and present you with the loan agreement, which you can sign online. The whole process is completely free of charge to you and you will be under no-obligation to accept the loan offer. If your application is successful, the funds could be released to your bank account in just minutes*. However, the availability of the funds will depend on the time it takes for your bank to process the payment.
Our lenders are all authorised and regulated by The Financial Conduct Authority, which means you benefit from transparent and fair terms and conditions. This means you can compare £600 loans from a variety of high-street and alternative lenders which you can trust, without having to complete multiple applications.
As a broker we are committed to helping borrowers access loans they can comfortably afford, so we have partnered with lenders who are also committed to lending responsibly. As part of this commitment, a single hard credit check of your report is completed when your chosen lender processes your application. However, unlike applying to multiple lenders and undergoing multiple credit checks, you report will only show a single check by your chosen lender.
As with all loans it is important to consider the implications of the monthly payment on your finances. If you are struggling to keep up with your monthly outgoings, there are organisations available who can offer free and impartial advice, such as The Money Advice Service, Step Change, PayPlan, National Debtline, the Debt Advice Foundation and Citizens Advice.
You are age 18 and a UK resident
You have a regular income
You have a valid UK bank account with an active debt card
Try our FastCheck tool with no impact to your credit score
Our new tool allows you to calculate your chance of being accepted for a loan.
Representative Example: Amount of credit: £1200 for 18 months at £90.46 per month. Total amount repayable of £1628.28. Interest: £428.28. Interest rate: 49.9% pa (variable). 49.9% APR Representative.
We’re a fully regulated and authorised credit broker and not a lender.