Loans 2 Go
Borrow £250 – £2,000 from a direct lender with no upfront fees, no early repayment penalty, and a quick same-day bank transfer for approved applicants.
Loans 2 Go provides personal loans between £250 and £2,000 for UK residents, with a representative APR of 679%. Loan terms range from 18 to 24 months. What stands out is their promise of no upfront fees, no early repayment charges, and a straightforward application that can lead to funds being disbursed within the same working day upon approval. Eligibility is assessed quickly and does not affect your credit score at the enquiry stage. If you proceed and are approved, money is typically sent by bank transfer.
How to Apply in Three Easy Steps
- Check eligibility by selecting your loan amount and answering a few questions.
- If accepted, move to the full application process.
- Upon approval, receive your loan via same-day transfer during business hours.
Wichtigste Vorteile
One notable advantage is the absence of any set-up or arrangement fees, making it clear what you’ll pay from the outset. Additionally, there’s no penalty for early repayment, allowing more flexible money management. Applying also won’t initially impact your credit score, giving you the freedom to check eligibility without consequences.
Potential Downsides
The big drawback is the high representative APR of 679%, which means borrowing is costly compared to mainstream personal loans. Loan costs can escalate if repayments aren’t made on time, so this is best for financial emergencies only.
Unser Urteil
If you need urgent funds and have exhausted lower-cost options, Loans 2 Go offers a fast and simple solution with transparent costs and no hidden fees. However, always consider the high costs carefully before committing to any loan.
