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£700 Loan - Borrow 700 Pounds Today

Expenses always seem to arise when we least expect them, from urgent car MOT bills to home repair bills. In many cases the cash is not available to cover these unexpected expenses, however, a £700 loan could provide the funds you need. As a broker when you apply for a loan through our website, we will help you arrange a £700 loan through a panel of lenders that specialise in small yet flexible loans.

How to get a £700 loan

Here at CashFlex, we can match you to lenders who provide loans for as little as £100 up to a maximum of £5,000. When you borrow through our lenders, you can choose to repay the loan in flexible monthly instalments. For example, a loan of £700 will be available with repayment terms of 3, 6, or 12 months. Although, if you decide to borrow a larger loan amount the term length will increase. For example, loans of more than £2,000 are offered repayment lengths of 12, 18, 24 or 36 months.

Before applying you may wish to enter your details into our 60-second FastCheck tool, which will let you know whether your application is likely to be approved. There is no credit check and you will instantly find out whether you meet the eligibility criteria of our lenders. In general, you will need to be aged over 18, a UK resident, in receipt of a regular income and you will also need to hold a UK bank account with a debit card.

If you decide to apply, our online application form is designed to be quick and straightforward. The form is designed to capture the key details required by the lenders in just 2-minutes, including your personal information, employment details, income, outgoings and loan requirements. We will then pass your details across to up to 40 lenders who will analyse your information and complete a soft search of your file. This will not have an impact on your credit score and the check will only be visible to you.

 If a lender indicates that your application is likely to be approved, you will be directed to the lender's website to complete the application. They will require you to complete their online application form and a hard credit check will be completed, so they can complete the affordability and creditworthiness checks required. 

This credit check will leave a mark on your credit report which will be visible to third parties. However, by applying through our website you will only be subject to a single hard credit check. If you were to apply to multiple direct lenders in the hope of finding a loan, each lender would complete a hard credit check with multiple marks listed on your credit report. These searches are viewable by third parties checking your report and too many in a short space of time could give an impression of poor financial management.

If your loan is approved you will be able to sign the loan agreement online, although you are under no obligation to proceed with the loan. Once processed the funds could be released in minutes*, however, the final availability of the cash will be dependent on your banks processing speeds.

Will I be approved for a £700 loan if I have bad credit

Do you need to borrow a £700 loan but are concerned about a poor credit score? There is no need to worry, as here at CashFlex we may still be able to help you arrange the loan you need. We have chosen to work with both traditional and alternative lenders so that we can provide loans to a wide variety of customers. Each of our lenders is authorised and regulated by The Financial Conduct Authority, which means they are committed to responsible lending and will provide fair and transparent terms.

As responsible lenders only loans which are calculated to be affordable will be approved, so even if you have defaults or a CCJ on your record, you may still be approved if the loan is affordable. During our application process, you will be matched to a lender who is likely to approve your loan, even with a poor credit history. If you have a bad credit score your application could be approved, however, the interest rate offered may be higher than an individual with an excellent score, as the risk associated with lending to you is greater. 

They will complete a hard check of your credit file and the information will be used to assess the loan affordability and your recent financial management. If the loan amount is affordable taking into consideration your current monthly expenses and you can demonstrate an ability to make the repayments, your application could be approved. By offering flexible repayment terms, our aim is to help you arrange affordable repayments so that your loan has a higher chance of approval. 

What can I use a 700 pound loan for?

When you borrow through our lenders, what you use the cash for is completely up to you. From car repairs, home appliance purchases, holidays or home improvements, a £700 loan could be the ideal amount for your requirements. Whether you need the cash for an emergency bill, or have your eye on a great holiday, instead of saving the funds gradually, a £700 loan could provide the cash you need quickly.

However, before you take out a loan you should always consider the interest costs and the affordability of the repayments. If you are finding it difficult to manage your finances, a new loan may cause further financial difficulties. There are a variety of organisations who can offer free and impartial advice to help you budget and start to save, these include The Money Advice Service, Step Change, PayPlan, National Debtline, the Debt Advice Foundation and Citizens Advice.

Try our FastCheck tool with no impact to your credit score

Our tool allows you to calculate your chance of being accepted for a loan.

You are age 18 and a UK resident

You have a regular income from employment

You have a valid UK bank account with an active debt card

Why choose us

Sometimes, the unexpected happens that means you need money fast. Here at Cashflex we offer a user friendly process to help you find same day loans in a responsible and affordable way.

How much can I borrow?

The exact amount you can borrow depends on your personal circumstances and can differ by lender. You can apply for a loan between £100 and £10,000

What are the repayment terms?

This is dependent on the amount that you wish to borrow. The repayment terms can be: 3 months, 6 months and 12 months to name a few, ranging right up to 36 months.

Can I apply for a loan with bad credit?

Yes. If you are unsure you can use our FastCheck tool to find out your loan eligibility.

Can I repay in instalments?


What will I need to get a short term loan?
Can I get a short term loan?

Over 18

You'll need proof that you are over 18.

Bank Account

Hold a valid UK bank account.


Have evidence of a regular income and UK residency.

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Representative example: Amount of credit: £1000 for 12 months at £166.67 per month. Total amount repayable of £2000.00 Interest: £1000.00. Interest rate: 504.7% pa (fixed).

We’re a fully regulated and authorised credit broker and not a lender.