Loans 2 Go
Personal loans from £250 to £2,000, no setup fees, fixed rates and same-day payout to your bank. Quick online application with no effect on your credit score.
Loans 2 Go offers online personal loans ranging from £250 to £2,000, targeting borrowers who need quick access to cash. The main advantage is that they do not charge any upfront fees or setup fees before disbursing your loan, providing peace of mind against fraudulent charges.
With Loans 2 Go, loans are available on fixed-term agreements, usually between 18 and 24 months. The representative APR is 679%, and a typical example for £550 borrowed over 18 months would mean 18 monthly payments of £107.56, totalling £1,936.08. As a direct lender, Loans 2 Go delivers funds via same-day bank transfer after approval.
How to Apply: Step by Step
- Begin by checking your eligibility online, which does not impact your credit score.
- Select how much you wish to borrow and answer a few questions.
- Receive an instant response on your eligibility.
- If provisionally accepted, complete the full application.
- Once fully approved, the money is transferred—typically the same day if during working hours.
Vorteile
Loans 2 Go stands out for simplified eligibility checking without affecting your credit score. The absence of admin or setup fees ensures transparency throughout the process.
Same-day payout and a quick application process are also attractive, especially for those who need emergency funds with minimal hassle. Customer feedback highlights fast approval and easy application.
Nachteile
The high representative APR (up to 679%) means borrowing can be costly for those who do not repay quickly. Total repayable can be substantially higher than the initial loan amount.
These loans are not suitable for ongoing financial difficulties or for covering everyday expenses. Late repayments can also affect your credit report and cause serious money issues.
Urteil
Loans 2 Go is a convenient option for those needing a fast loan with no upfront fees and an easy application. However, borrowers should carefully consider the total cost due to high interest rates. It’s best for urgent, short-term needs and not for ongoing debt.
