Loans 2 Go
Apply for personal loans from £250 to £2,000 with no upfront or early repayment fees. Fast decisions and funds released the same day if approved!
Loans 2 Go offers straightforward unsecured personal loans exclusively to UK residents. You can borrow anywhere from £250 up to £2,000. With a flat rate of 168% per annum (representative 679% APR), you can select repayment over 18 or 24 months. Most importantly, there are no set-up or early repayment fees – a rare feature among direct lenders.
Applicants must be over 21, employed, hold a UK bank account, and reside in the UK. Once approved, Loans 2 Go aims to pay out your funds the same day, making it ideal if you need money quickly. The application process is simple, and your eligibility check won’t affect your credit score.
How to Apply: Step by Step
1. Choose your desired loan amount between £250 and £2,000.
2. Complete a quick online application by answering a few questions.
3. Receive an instant decision on eligibility.
4. If provisionally approved, proceed with your full application.
5. Upon approval, receive your funds the same day directly into your bank account.*
Pros: Key Advantages
One major benefit is that Loans 2 Go never charges upfront or early repayment fees. This gives you the freedom to repay if your situation improves. Quick same-day payouts are perfect for urgent situations where access to cash is needed fast. Also, checking eligibility is risk-free for your credit score.
Cons: Points to Consider
The primary downside is the high representative APR compared to standard personal loans. Additionally, loans are only available up to £2,000 and terms are limited to either 18 or 24 months, which may not work for everyone.
Verdict: Is Loans 2 Go Right for You?
Overall, Loans 2 Go is a suitable choice for those looking for a small, quick loan and who might not qualify elsewhere. Be sure to borrow responsibly, reviewing all costs and your ability to repay before applying.