Financial difficulty
What to do if you can't repay
Struggling with repayments? Here's what to do first, your legal rights, and the free support services that can help you find a way through.
7 min read → Income gap
Redundancy bridge loan
Between jobs and waiting for redundancy pay or your final salary? A Cash Train bridge loan covers essential bills and commitments while you get back on your feet.
Apply now →Unregulated lender • Apply online — decision in minutes
Common costs
What redundancy costs typically look like
Essential monthly bills
£500–£1,500
Rent/mortgage, utilities, council tax, food. The non-negotiables that can't wait.
Job search costs
£100–£500
Travel to interviews, professional clothing for interviews, CV services, short course fees.
Retraining
£300–£2,000
A certification, bootcamp, or vocational qualification to pivot sectors or upskill quickly.
Bridge to first paycheque
£500–£2,000
Most new employers pay monthly in arrears — you could wait 4–6 weeks before the first salary hits.
Loan options
Choose the right amount
Whether you need to cover one bill or a full job search period, there's a Cash Train tier sized for your situation. All loans come with fixed monthly payments so you always know where you stand.
Quick
£100–£500
1–3 months
Cover one or two bills while statutory redundancy pay or final salary clears.
Apply now →Flex
£500–£2,000
3–12 months
Bridge a full job search period or cover costs while starting a new role.
Apply now →
Simple process
How it works
Apply online
Tell us how much you need and what it's for. No obligation, no credit check at this stage.
Fast decision
Once we launch, complete your full application and get a decision quickly — often the same day.
Money to your account
Funds sent straight to your bank account so you can cover your essential costs without delay.
Common questions
Redundancy bridge loan FAQs
Affordability is assessed on your current income. If you have a statutory redundancy payment, rental income, benefits, or a partner's income, this may support an application. We look at your full picture.
Statutory Redundancy Pay (if employed 2+ years), Universal Credit, and potentially Jobseeker's Allowance. Apply immediately — don't delay as backdating is not always possible.
Generally yes. Redundancy pay is tax-free up to £30,000 and should be used for essential bills before taking on debt. Only borrow what you genuinely need beyond what redundancy pay covers.
Your loan repayment obligation continues. Choose the shortest term you can comfortably manage. If you face difficulty, contact us immediately — we have a hardship policy.
Get back on your feet without the financial pressure.
Apply online — get a fast decision with fixed monthly payments.
Apply now →Warning: Late repayment can cause you serious money problems. For help, go to moneyhelper.org.uk