Loans 2 Go
Borrow £250–£2,000, no upfront or admin fees, eligibility check won’t affect your credit score, same day payout available, rated excellent by thousands.
Loans 2 Go offers personal loans to UK residents, providing quick access to funds with simple eligibility checks. Loan amounts range from £250 to £2,000, and there are zero upfront or admin fees. You can apply with no impact on your credit score at the eligibility stage. For those approved, Loans 2 Go aims to transfer funds on the same day, subject to working hours.
Interest rates are representative of high-cost short-term credit, with an APR of up to 679% for certain products. For example, borrowing £550 over 18 months will cost £107.56 per month, total repayment £1,936.08. Terms span 18–24 months. All loans are subject to eligibility and affordability checks. Repaying on time is crucial to avoid further financial problems.
How to Apply: Simple Step-by-Step
- Check your eligibility without affecting your credit score.
- Select the amount you wish to borrow and answer a few questions for an instant response.
- If provisionally accepted, complete your full application online.
- Once approved, your loan funds are transferred—often the same day.
Key Pros of Loans 2 Go Personal Loans
You benefit from transparent costs with no hidden fees or upfront charges—what you see is what you get before you commit to anything.
The application process is fast, user-friendly, and allows for quick funding, making it useful for urgent financial needs like car repairs or unexpected bills.
Potential Cons to Consider
The high representative APR means borrowing can be expensive. Loans 2 Go is best for emergencies, not for ongoing debt or discretionary spending.
If you have trouble repaying, interest will add up, and your credit file may be affected. Consider lower-cost borrowing options if available.
Final Verdict: Who Should Consider It?
Loans 2 Go is a viable solution for UK residents facing one-off cash emergencies who can afford repayments. Their straightforward process, high customer ratings, and quick funding are appealing.
However, always weigh costs and alternatives, and only borrow if you’re confident in your ability to repay. If struggling with debt, seek free advice from services like MoneyHelper before applying.
