Why you might need a short term loan…

Get life sorted with a short term loan from Loans 2 Go… 

We are living in very uncertain times. The events of 2020 have certainly played havoc with so many of our plans so far, and it is difficult to know whether to risk making any more plans in case they also have to change.

But life goes on, and there are still things that we need or want to do. For many of us, September can feel a little bit like new year. It’s probably related to the deeply ingrained back to school feeling, as well as the sense of summer beginning to drift into autumn.

So now is a good time to get on with the things that you want to do, and try to make something good come from 2020. But chances are that because of all the chaos this year, you do not currently have the money to do it.

This is where a short term loan from Loans 2 Go could help. If you need money to do something now, and will soon be in a position to pay it back again, then a short term loan could be the perfect solution. 

You can take out a short term loan for any purpose; there are no restrictions. So if you need some extra funding for a particular reason, this is definitely worth considering as long as you can make the loan repayments. 


Popular uses for a short term loan

Five of the most common reasons for taking out a short term loan are:


Pay off existing debts

Having a lot of different debts can drag you down in so many ways. Even just trying to keep up with what you have to pay and when is really stressful. And for some debts – such as credit card repayments – you can often end up only paying off the interest each month, so the amount you owe never goes away. 

This is why some people decide to take out a new short term loan, pay off everything else they owe, and just have one manageable monthly repayment to make.


Home improvements

Autumn is a great time for home improvements. The weather is still good enough to get things done, and it means that your home will be looking its best well in time for Christmas. 

So if there are things that you want to do now rather than wait until you have the money, you could take out a short term loan to get things done, then repay the loan as soon as you are able.


Car matters

Perhaps you have been thinking about changing your car for a while and feel like it’s about time to sort that out. Or perhaps you are happy with your car but need to have one or two things done to it. Either way, it’s a good idea to get it sorted before winter comes, so that you have a reliable and safe car to see you through the colder darker days. A short term loan could help you to do this.



Many people did not have a holiday this year because of Covid. Which means that there is already a lot of planning going on for next year. So if you want a family holiday this year then now is a really good time to book, before all the best options are taken. 

If you book at this stage for next summer, you will only have to pay a deposit, and can then take time to save up to pay the rest of the holiday nearer the time. A short term loan could help you to secure a great family holiday and all have something to look forward to.



We dared to mention Christmas in our last article, and this year it is probably going to be very different. Now, more than ever, you need to prepare early simply because no-one really knows what may be happening around Christmas, and what kind of restrictions might be in place. 

So if you’ve been saving up to do your Christmas shopping in November or December, it might be worth taking out a short term loan to top up the rest so that you can do your shopping now. You can then repay the loan with the money you were planning to save. And get Christmas sorted! 


Short term loans from Loans 2 Go

So as you can see from the above, there are various reasons why you might decide to take a short term loan to help you get something sorted out. If so, Loans 2 Go are here to help. 

We offer short term loans of between £250 and £3,000 with a repayment period of up to 24 months (with no penalty if you want to repay your loan sooner than that). If you are accepted for a short term loan with us, we aim to get the money into your bank account within 15 minutes.

To find out more, do get in touch online with Loans 2 Go. You can also email us on info@loans2go.co.uk, call us on 0330 400 0403, or WhatsApp us on 07741 903 315.