Quick Loans

How quick are quick loans?

If you have ever considered applying for a loan, especially if you need a quick loan, you may be put off by the length of time you think it will take. Especially if you have not had a loan for some while, you may have bad memories of lots of forms to fill in, documents to copy, a face to face interview, then a long wait to see if your application has been approved.

There’s nothing quick about that! But times have changed, and now a quick loan is not only possible, but is the rule rather than the exception.

For example, if you need a quick loan from Loans 2 Go, you can apply directly to us online at any time that suits you. During working hours we will give you an instant decision and, if approved, the money will be in your account within 15 minutes. 

We reckon that counts as a quick loan!

What can quick loans be used for?

A Loans 2 Go quick loan can be used for more-or-less any purpose that you need. Some of the most common reasons people take out a quick loan are:

• Urgent car repairs
• Home repairs;
• Appliance breakdowns;
• Medical or vets’ bills;
• Funeral expenses;
• A large unexpected bill.

No matter how well you plan, the above kinds of situations can be completely unanticipated. Unfortunately most of them also require urgent attention. 

So if life throws you a curveball, a quick loan could help you to deal with it fast.

How much can I borrow with quick loans?

Loans 2 Go offers quick loans from £250 to £2,000. Our loans are repayable over either 18 or 24 months. Repayments can be made by either weekly, fortnightly or monthly instalments. We accept payment by Continuous Payment Authority debit card repayments or through our online payment portal.

We do not charge set up fees for our quick loans, and there would be no additional charge should you decide to repay all or part of your quick loan early.

Who is eligible for quick loans?

If you are asking this question you may be worried that your credit score may not be high enough to be approved for a quick loan. But this in itself may not prevent us from lending to you.

As a responsible lender, our main priority is to ensure that you are able to afford the repayments on your quick loan. So as part of the application process for your quick loan, we will do credit and affordability checks to make sure that this is the case. 

But credit scores can take a while to change, even if you are now in a stronger financial position than in the past. So as long as your quick loan repayments are now affordable for you, we may still consider lending to you if you have poor credit history or even a CCJ. 

We also have four general eligibility criteria for a quick loan. You need to be:

• Aged 21 or over;
• Currently in employment with a regular income;
• A UK bank account with a debit card;
• A UK resident, either as a homeowner, tenant, or living with your parents.

How do I apply for a quick loan?

It is quick and easy to apply for a Loans 2 Go quick loan online. There are three simple steps:

1. Click Apply Now and use the slider to select the amount of money you want to borrow. 
2. Enter the essential information that we need about you then submit your application to us.
3. As a direct lender we are able to give you an instant decision. If you are approved for a quick loan, we aim to transfer the money to your account within 15 minutes.

So, if you are in need of a quick loan that really will be quick, look no further than a Loans 2 Go quick loan to help get things moving.