Loans 2 Go
Apply for personal loans from £250 to £2,000 with no upfront fees, eligibility check with no credit impact and same-day payout if approved.
Loans 2 Go offers personal loans between £250 and £2,000 with no upfront fees or set-up charges. They promise a representative APR of 679%, with repayment terms ranging from 18 to 24 months. With an instant eligibility check that doesn’t affect your credit score, Loans 2 Go stands out for providing quick lending decisions and same-day payouts for approved applicants if you apply during working hours.
How to Apply: Step by Step
- Check your eligibility online with a quick form that does not impact your credit file.
- Select how much you wish to borrow and provide some personal and financial details.
- If provisionally accepted, proceed to complete the full application.
- Upon approval, receive your funds by bank transfer on the same day, subject to working hours.
Pros of Loans 2 Go
Loans 2 Go makes it incredibly easy and fast to check eligibility without harming your credit score. The process is transparent, with no initial or hidden charges.
Same day payout is available for most approved applications, meaning you can gain access to emergency funds right when you need them.
Cons of Loans 2 Go
The representative APR of 679% is much higher than most traditional lenders, making these loans expensive in the long run.
If you struggle with repayments, this high interest can quickly compound, so it’s important to ensure you can afford monthly instalments before applying.
Verdict
Loans 2 Go is well-suited for those who need emergency cash and prefer fast, hassle-free application with no upfront fees. However, the high APR means it is best for short-term or emergency use rather than ongoing borrowing. As with any high-cost loan, check the total repayment amount and consider alternatives if the cost is too high.
