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You’re not alone if you struggle with a poor credit score. Millions of people living in the UK have a credit history that isn't exactly perfect, and there are many lenders out there who are willing to look beyond mistakes made in the past to offer loans based on your current circumstances.

Payday Loans for People with Bad Credit

When you're hit with an unexpected bill, it can feel as if your only option is to take out a loan. This task can seem impossible if you also have a bad credit score, but there are loans available for people in these situations. 

Payday loans were first created to help tide people over financially until they next got paid. While they offered a handy solution to people dealing with a difficult financial situation, they also picked up a bad reputation along the way. Payday loans often come with high rates of interest attached, causing some borrowers to find themselves trapped in a cycle of debt. 

CashFlex - The Flexible Alternative to Payday Loans

CashFlex doesn't offer payday loans, but we do work with a panel of responsible lenders to help people with a poor credit rating to borrow money. 

Our convenient service could help you to apply for a loan of between £100 and £5,000, with repayment terms ranging between 3 months to 3 years depending on how much you borrow. 

Best of all, our FastCheck service allows you to get an indication of the likelihood you will be accepted for a loan when submitting a full application. 

This means you'll be able to apply with confidence and we can present you with a loan that you're more likely to get approved for without leaving a mark on your credit report. It's the quick and flexible way to get your hands on the money you need. 

What is Considered Bad Credit?

Your credit score is determined by the credit reference agencies (CRAs), who look at your financial record and apply their own criteria to decide what your rating should be. 

What counts as a bad credit score varies between the different CRAs. Experian count scores of less than 720 as poor, for Equifax it's anything below 379, and for TransUnion the limit is 565. 

These scores are based on a variety of factors - for instance how you've handled your credit in the past and whether you have any late payments, defaults, or County Court Judgments (CCJs) on your record. 

Can You Get a Payday Loan with Poor Credit History?

Possibly, yes. While high street banks and other traditional lenders may be reluctant to offer loans to people with poor credit ratings, you may be able to get approved for a quick loan with a modern direct lender.

While we don't deal with payday lending products, the lenders on our panel offer short-term finance to borrowers with a bad credit rating. What matters most is whether your current financial circumstances allow you to pass affordability checks and repay what you owe. 

Can You Get a Payday Loan with No Credit History?

Just like those with poor credit scores, people who have no credit score or only a limited history may still be able to get approved for a short-term loan.

The direct lenders on our panel will look closely at your current circumstances to check whether the amount you've requested is affordable for you, and whether you have a regular income that will allow you to make repayments on time. 

How Much Can You Borrow with Bad Credit?

The direct lenders on our panel offer loans of between £100 and £5,000, repayable over a period of 3 to 36 months. The repayment term options available to you depend on the amount requested in your personal loan application. 

Do You Need a Guarantor for a Bad Credit Payday Loan?

Not necessarily. While some lenders do offer guarantor loans, many are willing to provide credit to borrowers without the need to involve anyone else - even if they don't have a perfect credit score.

Do You Have to Pass a Credit Check?

Yes - the Financial Conduct Authority (FCA) requires all authorised and regulated lenders to conduct a full credit check before approving an application for any form of credit. There's no such thing as 'no credit check loans', and thousands of borrowers still manage to get approved for loans each year despite having a bad credit score. 

What Are The Best Ways to Use Payday Loans for Bad Credit?

Personal loans can be used to cover a huge variety of costs, and the lenders we work with don't limit how borrowers use their money. 

Many people use payday loans and other forms of bad credit finance to cover unexpected bills or those little emergencies that are part and parcel of everyday life. It could be the mechanic's bill for a broken-down car, a replacement fridge or washing machine, or even the funds to pay for a loved one's funeral.

In any case, there aren't usually any restrictions on what you can do with money from a short-term loan - but it is always advisable to use it sensibly and to repay what you owe on time and in full. 

Should You Borrow From a Payday Loan Lender If You Have Poor Credit?

Payday loans serve a purpose, but there are alternatives available that you may find more suitable for your circumstances. CashFlex works closely with a panel of personal loan lenders to help people to access funds even if they have a poor credit history.

We work hard to provide a responsible service that matches borrowers with short-term personal loans that are suitable for them. 

What Are The Alternatives?

These days, many short-term loan providers are willing to accept applications from people with a bad credit history. The key difference from payday loans is that borrowers typically have a longer period over which to repay.

This flexibility, coupled with a commitment to responsible lending, is what sets the direct lenders we work with apart from the payday lenders of the past.

Does CashFlex Offer Bad Credit Payday Loans?

No - but we do work with a wide panel of lenders to help bad credit borrowers apply for personal loans with flexible repayment terms. 

If you qualify for a loan, we'll match you with the lender that's most likely to approve your application. You can then choose whether to make a full application with them, when a full credit check will be required. 

How is CashFlex Better? 

By applying for a bad credit loan via CashFlex, you can avoid the need to make multiple direct lender applications which could each leave a marker on your credit report. That's because we use soft credit searches to determine whether you meet the criteria set by the lenders on our panel, all without leaving any trace on your credit report.

You can also count on CashFlex as a trustworthy, FCA-authorised and regulated credit broker. We act with the best interests of our users in mind and work hard to help people with a lower credit rating to access the cash they need when they need it. 

What Are the Repayment Terms?

When you apply for a loan via CashFlex, you'll get a choice of repayment terms. 

Loans of up to £900 can be repaid over a period of 3, 6, or 12 months.

Loans of between £1,000 to £2,000 can be repaid over 6, 12, 18, 24, or even 36 months. 

Loans of more than £2,000 can be repaid over 12, 18, 24, or 36 months. 

The important thing is to make sure that you choose a repayment term that's affordable for you - and with CashFlex you can do exactly that!

What Can I Use the Money For?

We work with lenders who offer loans that are as flexible as they are responsible. That means that you can use your loan for whatever you need - from an emergency repair bill to the down payment on a new vehicle to replace your old car. 

How To Apply?

Our application process is easy. Just complete our two-minute online application form and we'll determine how likely you are to be accepted by the direct lenders from our panel.

You must be 18 or over to apply and will need to be a UK resident with a valid UK bank account with a debit card along with a regular source of income that can cover your regular repayments. 

Will a Very Bad Credit History Prevent My Application From Being Approved?

Not necessarily. While all authorised and regulated lenders are required to conduct a hard search of each applicant's credit file, many are willing to look beyond financial mistakes made in the past. Instead, they're concerned about whether you have a regular income, and whether the loan you've applied for is affordable given your current circumstances.

If you're not sure whether you meet the acceptance criteria, our FastCheck tool allows you to calculate your chances of being approved without having any impact on your credit score. 

Apply for Quick, Flexible Finance with CashFlex

At CashFlex we help to connect borrowers with fast and flexible loans that suit their needs. As a reputable credit broker that's authorised and regulated by the FCA, our primary concern is matching the UK public with responsible finance solutions that help them to deal with everyday emergencies.

Whatever you need to borrow money for, get started by filling out our 2-minute online application form. It's the simple way to apply for a short-term loan, and money could be paid into your account in just minutes.*

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 £134.94 per month. Total amount repayable of £1,619.26 Interest: £619.26. Interest rate: 99.9% p.a. (fixed). Representative 99.9% APR.

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