Loan365
Apply easily for cash loans from €500 to €2,000 with direct bank deposit or home delivery. Manage repayments in-app or in cash. Fast decisions, no hidden fees.
Loan365 is a lending solution designed for residents of the Republic of Ireland, catering to those aged 18 to 75. It stands out with flexibility: borrowers can choose to apply online, via the Loan365 app (available on iOS and Android), or in-person through a local agent. You don’t have to be an existing member or meet specific benefit requirements. Interest rates are clear, with an APR of around 143.91% to 152.03% depending on the loan term—26 or 48 weeks. Loans range from €500 to €2,000, offering manageable weekly repayments and no hidden fees.
How to Apply for a Loan365 Cash Loan
- Apply online or via the Loan365 app
- Submit proof of ID, address, PPSN, and income
- Choose your preferred repayment option and loan delivery
- On approval, receive funds to your bank or as cash at your door
Loan365 Advantages
Borrowers benefit from multiple ways to apply, modern app features, and rapid payouts—often within the same day. Weekly repayments can be made via the app, direct debit, or in cash through an agent.
No membership is needed, and there are no hidden charges, ensuring a transparent process for all.
Loan365 Limitations
Representative APRs are on the higher side compared to traditional credit unions, reflecting the short-term, accessible nature of these loans.
The agent visit service currently covers primarily Louth, Meath, and Cavan, which limits home delivery options for those outside these counties.
Verdict: Should You Apply?
Loan365 is ideal for those seeking quick access to small loans with flexible delivery options. Their friendly customer service, fast approval process, and simple application are strong points. However, borrowers should factor in the higher APR and consider if the short-term repayment structure fits their needs.