CashFloat Loans | www.cashfloat.co.uk Reviews
About CashFloat Loans
CashFloat is the central lending arm of Western Circle Ltd that is also active in Spain (via www.cashfloat.es) as well as the UK. There is a cluster of other brands controlled by Western Circle. This has however remained quite a small financial group that has helped just over 40,000 people across their roster of sites. CashFloat’s popularity has been boosted considerably by their impressive search engine rankings that have been held for some time now. They are for instance ranked on the first page of Google for the major “Payday Loans” term that is impressive considering that they only launched back in 2014. In this particular sector they now in fact rank #1 as a result of key competitor closures.
CashFloat’s service does come with its limitations. The smallest loan sum that you can borrow is £200 that is quite a chunky amount for new applicants to repay with interest added. They are also only open during working days only. Terms do extend to 4 months here, but there are restrictions in place that are: £200-£250 (1-2m), £300 (1-3m), £350-£450 (2-3m), £500-£600 (2-4m), £650-£850 (3-4m) and £900+ (4m). Their 3 month price at £143.70 per £300 is quite competitive and they have historically been known for high acceptance rates. Their feedback on Reviews.co.uk also scores well at 97% from more than 600 reviewers. From glancing over, praise is often directed at their customer support team.
Company Details
Address: 2a Highfield Avenue, London, NW11 9ET
Brand: CashFloat (aka: Cash Float)
Company: Western Circle Ltd
Contact (📧): client-service@cashfloat.co.uk
Contact (☎): 0203 757 1933
FCA Licence: 714479
Launched: 2014
Niche: Payday, instalment
Opening Hours: Mon/Fri (9am-5.30pm)
Related Brands: Payday Loans Net, Pera Loans
Site Address: www.cashfloat.co.uk
Site Rank (Alexa.com Global): #498,488
Product Specs
Amounts Available: £200 to £500 (£1100 on reloans)
Late Payment Fee: £15
Login Provided: Yes
Pricing: £48 /£200 (1m) & £143.70 /£300 (3m)
Repayment Terms: 1 to 4 months
Review Feedback
Feefo: Not listed
Reviews: 97% (600+ count)
Trustpilot: 74% (80+ count)
Rivals & Similar Lenders Like CashFloat
CashFloat’s site has recently took the #1 ranking spot in the payday loan sector. Business will have been booming since key rivals including 247Moneybox, PiggBank and QuickQuid all crumbled in late 2019. As it stands, Ferratum sits closest on their tail. Ferratum are similar in targeting the same 1 to 4 month pay period. One of Float’s limitations is that they do only operate between Monday and Friday. There are various competitors that do extend to 7/7 such as Mr Lender and MyJar. Of these, MyJar is a good flexible alternative offering a 3 to 24 month term spread. Western’s other projects for reference are generally matched on specs, but they’re much less popular. Pera’s costs are a little cheaper, but they require 23+ applicants and are Alexa unranked.
Last Check @ www.cashfloat.co.uk: February 13th, 2020
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good lender. please they are doing well
