As a broker we have partnered with a variety of lenders which specialise in offering small loan amounts, such as £800 loans. Our lenders have been selected based on their ability to provide flexible, transparent and fair loans, so you could borrow as little as £100 up to a maximum amount of £5,000. In the past lenders would only offer fixed loan amounts, however our panel of lenders are able to offer flexible amounts so you can borrow the exact amount you require.
Many of us find ourselves short of the cash needed to cover the little emergencies life seems to throw at us, from broken boilers to emergency car repairs. We understand that when you need an £800 loan you are likely to need it quickly, so we have developed a quick 2-minute application form.
Simply enter your personal information, employment details, income amount and the loan term you require. We will then pass your information across to our panel of lenders who will quickly assess the key details of your application and complete a soft search of your credit file. This will not leave a mark on your credit report and is simply used to decide whether you meet their individual lending criteria.
If a lender indicates that you are likely to be approved for your £800 loan, we will transfer you to their website to complete a direct application form. This will provide the lender with any additional information they need to process your loan application. At this stage they will complete a hard check of your credit file, which will leave a footprint on your report. Although this may seem daunting, it is simply used to help them decide whether the loan is the right option for you.
If your loan is approved, you will be provided with the terms and conditions and asked to sign a loan agreement. There is no charge for using our services and you are under no-obligation to accept the loan agreement. If you choose to proceed you will be able to sign the loan agreement online and once processed the funds could be released in just 15 minutes*. However, final availability times of your loan will depend on your banks processing speeds.
As a credit broker we work with a panel of traditional and alternative lenders, so regardless of your financial history you could be approved for an £800 loan. If you have been turned down for a loan or another form of credit in the past, our lenders may still be able to help.
Our lenders are committed to offering responsible lending, so a hard credit check will be completed when you apply to your selected lender. However, the lender will not solely base their decision on your credit history, as the affordability of the loan and your recent financial history is also important. We want you to have access to the loan you require without negatively impacting your financial circumstances, so if you can demonstrate a commitment to comfortably repaying the loan you could be approved.
Our free FastCheck tool is designed to assess whether you are likely to be approved for an £800 loan before you make an application. The tool will gather a few key personal and financial details to see whether you meet the key requirements of our lenders. There is no credit check, so using the FastCheck tool will have no impact on your credit score.
To be considered for a loan through CashFlex you will need to fulfil the lenders key criteria, which includes being over the age of 18, a UK resident and being in receipt of a regular income which is paid into a UK bank account.
Our panel of lenders offer flexible repayment terms, so an £800 loan can be repaid in 3, 6 or 12 months. If you are looking to borrow a larger loan amount of more than £1,000 the repayment lengths offered will increase up to a maximum of 36 months. By offering repayment lengths which are reflective of the amount borrowed our lenders aim to provide loans with affordable repayments.
In the past many borrowers turned to payday loans as a solution to short term cash requirements. However, these loans often required payment in full on the borrowers next pay date. For many borrowers repaying an £800 loan in full on their next payday is not an affordable option, so we are pleased to offer an alternative with our flexible instalment loans.
Each lender is authorised and regulated by The Financial Conduct Authority and they pride themselves on providing honest and responsible loans. The flexible repayment terms mean that you can calculate the amount which you can comfortably afford to repay each month, enabling you to select the ideal loan term for your individual situation. Our lenders will only approve loans which pass their affordability checks and before taking out a loan it is important that you consider the impact the repayments will have on your finances.
If you are currently struggling to manage your finances, it may be difficult to keep up with repayments on a new loan. There are several organisations which can offer free and impartial advice to help you budget and manage finances, these include 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.