Cash Loans Today with Instant Decision.

Cash loans today: find your best match from 50+ lenders

When an unexpected expense lands and you need money quickly, a cash loan can bridge the gap. Whether it’s a car repair, a broken boiler, or a bill you weren’t expecting, sometimes you need funds in your account the same day.

New Horizons searches over 50 FCA-authorised lenders to find you the right cash loan, with no fees, no credit footprint, and no obligation to accept any offer. We’re a broker, not a lender, which means we do the searching so you don’t have to.

Our Soft Credit Match technology checks your eligibility across our entire lender panel without leaving any mark on your credit file. You could have cash in your account within 15 minutes of approval, and the whole process takes just a few minutes to start.

If you’re looking for cash loans today, here’s how it works and what you need to know before you apply.

How cash loans work at New Horizons

Getting a cash loan through New Horizons is straightforward. Because we’re a broker with access to over 50 lenders, you only need to fill in one form to see what’s available to you.

The whole process can take as little as three minutes from start to finish. Here’s how it works, step by step:

1. Complete our short online form with your personal and financial details
2. We run a Soft Credit Match across our panel of over 50 FCA-authorised lenders
3. If matched, you see your loan options in minutes, with no impact on your credit score
4. Choose the offer that works for you, or walk away with no obligation
5. If you accept an offer, the lender completes a full affordability check
6. If approved, funds can be in your account within 15 minutes*

That initial soft search is invisible to other lenders. Only you can see it on your credit report. A full credit check only happens if you choose to accept a loan offer from one of our panel lenders.

We process over 7,510 loan applications every day, and our service is available 24 hours a day, 7 days a week. So whether you need quick loans on a weekday evening or a Sunday morning, you can check your eligibility anytime.

What you need to know

Why use us?

How much can new customers borrow?

Up to £5,000

No fees, ever!

What are the repayment terms?

3 to 36 Months

No paperwork

Representative APR

49.9% (variable)

No obligation quote

Can I apply with bad credit?

Yes

Instant decision

Can I repay in instalments

Yes

Flexible repayment

Do lenders credit check?

Yes

We only soft-search

What are cash loans?

A cash loan is simply a personal loan where the funds are transferred directly into your bank account, usually on the same day or within hours of approval. The term “cash loan” comes from the idea that you’re getting quick access to money you can use for whatever you need.

Cash loans are typically unsecured, meaning you don’t need to put up any property or assets as collateral. They’re designed for shorter-term borrowing and tend to range from small amounts of a few hundred pounds up to several thousand.

At New Horizons, our lender panel offers cash loans from £50 to £5,000, with repayment terms from 3 to 36 months. You choose the amount and repayment schedule that fits your situation.

People commonly use cash loans for things like unexpected car repairs, emergency home maintenance, vet bills, replacing a broken appliance, or covering a shortfall between paydays. If you need to borrow money quickly for a specific purpose, a cash loan could be the right option.

Different Types of Cash Loans

Can you get cash loans today?

Yes. One of the main reasons people search for cash loans today is because they need funds urgently. The good news is that many lenders on our panel can transfer money to your bank account on the same day you’re approved.

Once a lender approves your application, your cash could be sent within 15 minutes. The exact time it takes to arrive in your account depends on your bank’s processing policies, but most customers receive funds the same day.

To give yourself the best chance of same-day funding, it helps to apply earlier in the day and make sure all the information on your application is accurate and complete. Errors or missing details can slow things down.

If timing is your top priority, you might also want to look at our dedicated same day loans page, which covers everything you need to know about getting funds as quickly as possible.

Cash loans for bad credit

A less-than-perfect credit score doesn’t automatically mean you can’t get a cash loan. Many of the lenders on our panel specialise in working with customers who have experienced credit difficulties in the past.

Whether you’ve had a default, a CCJ, missed payments, or simply have a thin credit file, our lenders look at your current circumstances and affordability, not just your credit history. We work with lenders who assess your whole financial picture, including your income and current commitments, rather than rejecting you based on past problems alone.

Our Soft Credit Match is particularly valuable if you have bad credit. Because it doesn’t leave a mark on your credit file, you can check your eligibility without worrying about further damage to your score. Multiple hard credit searches in a short period can lower your score, but our soft search avoids that entirely.

For more information on your options, visit our loans for bad credit page. And if you’re working on rebuilding your credit, our guide on how to improve your credit score has practical steps you can take right now.

Eligibility requirements for cash loans

To check your eligibility for a cash loan through New Horizons, you’ll need to meet a few basic requirements. These are standard across most UK lenders.

You’ll need to:

• Be at least 18 years old
• Be a UK resident
• Have a regular source of income
• Have a valid UK bank account
• Provide accurate personal and financial information

New Horizons does not set specific minimum income thresholds. Instead, affordability is assessed by individual lenders based on your income, existing financial commitments, and the amount you want to borrow.

Different lenders have different criteria, which is one of the advantages of using a broker. If one lender can’t help, another might be able to. Our system searches across the full panel to find the best match for your circumstances.

If you’ve been turned down for a loan before, our guide on how to get a loan accepted covers practical tips for strengthening your application.

Understanding the costs of a cash loan

Transparency about costs is one of our core principles. Before you commit to any loan, you should understand exactly what you’ll pay back and how much the borrowing will cost.

New Horizons’ representative APR is 49.9%, which is lower than many competitors in the short-term lending space. The rate you’re offered will depend on your individual circumstances, with rates across our lender panel ranging from 9.3% APR to a maximum of 1,721% APR.

Here’s a representative example of what borrowing could look like:

• Amount of credit: £1,200 for 18 months
• Monthly payment: £95.44
• Total amount repayable: £1,717.83
• Interest: £517.83
• Interest rate: 49% per annum (fixed)
• Representative 49.9% APR

New Horizons never charges any fees to customers. Our service is completely free to use. We’re paid by lenders, never by you. There are no hidden costs, no application fees, and no admin charges from our side.

Always review the full terms of any loan offer before accepting. The lender will provide a clear breakdown of your repayment schedule, total cost, and interest rate before you commit to anything.

Warning: Late repayment can cause you serious money problems. For help, go to moneyhelper.org.uk.

Why choose New Horizons for your cash loan

There are plenty of places to look for a cash loan online. Here’s what makes New Horizons different from the rest.

As a broker, we search over 50 FCA-authorised lenders with a single application, saving you the time and credit score impact of applying to multiple lenders individually. Every lender on our panel is regulated by the Financial Conduct Authority, so you can be confident you’re dealing with reputable providers.

Our Soft Credit Match technology means your initial eligibility check leaves no mark on your credit file. Other lenders won’t see it, and it won’t affect your score. Only if you choose to accept a loan offer will the lender carry out a full credit check.

We also have a formal Customer Promise built around three commitments we call “The Three Nevers”:

• We never sell your personal data
• We never contact you to sell other products
• We never give consent to other companies to contact you

These commitments directly address the worst practices in the lending industry, from data selling to aggressive marketing calls. We were established in 2017 specifically to do things differently, and our Feefo Gold Trusted Service rating shows that our customers agree.

Whether you need a £500 loan for an emergency repair or a £1,000 loan to cover an unexpected bill, we’ll search our full panel to find your best match.

Quick cash loans vs other borrowing options

If you’re searching for quick cash loans, it helps to understand how they compare to other types of borrowing. The right choice depends on how much you need, how quickly you need it, and how long you want to repay.

Cash loans through New Horizons offer amounts from £50 to £5,000 with repayment terms from 3 to 36 months, giving you more flexibility than many direct lender alternatives.

Here’s how cash loans compare to some common alternatives:

• Short term loans are similar to cash loans but typically involve smaller amounts repaid over a shorter period, often under 12 months
• Emergency loans are cash loans applied for in urgent situations, and the terms and application process are usually the same
• Credit cards offer revolving credit but may not provide the lump sum you need immediately, and interest can compound if you only make minimum payments
• Bank loans often have lower interest rates but take longer to arrange and typically require a stronger credit history
• Overdrafts can help with smaller shortfalls but fees can add up quickly if used regularly

The main advantage of quick cash loans through a broker like New Horizons is the combination of speed, choice, and the protection of a soft search. You see your options without any risk to your credit score.

Alternatives to cash loans

Borrowing isn’t always the best option, and we believe in helping you make the right decision for your situation, even if that means not taking out a loan.

Before applying for a cash loan, it’s worth considering these alternatives:

• Check if you’re entitled to any government support or benefits through GOV.UK
• Contact your existing creditors to discuss payment plans or hardship arrangements
• Speak to your employer about a salary advance
• Look into credit union loans, which often offer lower rates for members
• Get free, confidential debt advice from MoneyHelper or StepChange

If you’re struggling with existing debts, taking on more borrowing may not be the right step. Free debt advice services can help you look at your whole financial situation and find the best path forward.

If you’ve considered your options and a cash loan is the right choice for you, New Horizons can help you find a competitive offer from a regulated lender.

Get Your Loan Quote

Feefo Gold rated. 50+ FCA-authorised lenders. No fees, ever.

Tips for responsible borrowing

Taking out any loan is a financial commitment, and it’s important to borrow responsibly. Here are some practical things to keep in mind before you apply for a cash loan.

• Only borrow what you need and can comfortably afford to repay
• Factor the monthly repayments into your budget before accepting an offer
• Read the full loan agreement carefully, including the interest rate and total repayable amount
• Set up a direct debit for repayments to avoid missing a payment date
• Contact your lender immediately if you’re struggling to make a repayment

If you can’t make a repayment on time, lenders may charge late payment fees ranging from £1 to £100, and missed payments can be recorded on your credit file. Getting in touch with your lender early gives you the best chance of finding a solution.

For free, impartial guidance on managing your money, visit MoneyHelper or contact Citizens Advice.

Frequently asked questions about cash loans

What is a cash loan?

A cash loan is a personal loan where funds are transferred directly into your bank account, typically on the same day you’re approved. The term refers to the speed and convenience of getting money into your account quickly, rather than receiving physical cash. You can use the funds for any personal purpose.

How quickly can I get cash loans today?

With New Horizons, the eligibility check takes around 60 seconds. If you’re matched with a lender and approved, funds could be sent to your account within 15 minutes. The time it takes to arrive depends on your bank’s processing policies, but most customers receive funds the same day.

Will applying for a cash loan affect my credit score?

No. New Horizons uses Soft Credit Match technology, which means your initial eligibility check won’t leave any mark on your credit file. Other lenders can’t see it, and it won’t affect your score. A full credit check only takes place if you accept a loan offer from one of our panel lenders.

Can I get a cash loan with bad credit?

Yes. Many lenders on our panel specialise in lending to customers with less-than-perfect credit histories. They assess your current income and affordability rather than focusing solely on past credit problems. Check your eligibility with no impact on your credit score.

How much can I borrow?

Through New Horizons, you can apply for cash loans from £50 to £5,000. The amount you’re offered depends on your individual circumstances, including your income, existing commitments, and the lender’s own criteria. Repayment terms range from 3 to 36 months.

Are there any fees for using New Horizons?

No. New Horizons does not charge customers any fees for using its services. Our service is completely free. We’re paid by lenders when a successful match is made, so there’s no cost to you regardless of the outcome.

What’s the difference between a broker and a lender?

A lender provides money directly. A broker, like New Horizons, searches multiple lenders to find the best match for your circumstances. The advantage of using a broker is that one application gives you access to over 50 FCA-authorised lenders, rather than having to apply to each one individually.

What do I need to apply?

You’ll need to be at least 18 years old, a UK resident, with a regular income and a valid UK bank account. You’ll provide your personal details, employment information, and financial circumstances on our short online form. The process takes around three minutes.

Is my data safe with New Horizons?

Yes. We never sell your personal data, we never contact you to sell other products, and we never give consent to other companies to contact you. These are our formal Customer Promise commitments. Your information is protected with the latest encryption and security measures.

What happens if I can’t repay my loan?

If you’re struggling to make a repayment, contact your lender as soon as possible. They may be able to adjust your repayment schedule or offer support. Ignoring the problem can lead to additional charges, referral to a collections agency, and negative marks on your credit record. Free advice is available from MoneyHelper.

Can I repay my cash loan early?

Most lenders allow early repayment, which can reduce the total amount of interest you pay. Check the terms of your specific loan agreement for details, as some lenders may have specific conditions around early settlement.

What can I use a cash loan for?

You can use a cash loan for any personal purpose. Common reasons include car repairs, emergency home maintenance, unexpected bills, medical or vet expenses, replacing broken appliances, or covering a temporary shortfall in income.

How does New Horizons compare to other cash loan providers?

New Horizons offers a representative APR of 49.9%, which is competitive compared to many other short-term lending providers. We also search 50+ lenders with one application, charge no fees, use soft search technology, and have a Feefo Gold Trusted Service rating. Our Three Nevers customer promise provides additional protection that many competitors don’t offer.

Do I have to accept a loan offer?

No. Checking your eligibility is completely free and carries no obligation. If you’re matched with lenders, you can review the offers and decide in your own time. If nothing suits you, you can walk away without any impact on your credit score.

New Horizons Finance Ltd (Company No. 11757330, FCA reference number: 834535) is an Appointed Representative of Flux Funding Limited, which is authorised and regulated by the Financial Conduct Authority (FRN 806333). We are a credit broker, not a lender.

Representative example: Amount of credit: £1,200 for 18 months at £95.44 per month. Total amount repayable: £1,717.83. Interest: £517.83. Interest rate: 49% pa (fixed). Representative 49.9% APR.