Same Day Loans
Personal loans £250 – £2000 available today
What are same day loans?
A same day loan does what it says on the tin. It is an unsecured personal loan that is usually able to provide you with the money you need on the same day as you apply for it.
Getting your money the same day may seem like an impossible ask, but with every aspect of the loan application and money transfer process typically being done online, they are very much a reality.
Gone are the days of having to post forms and wait for decisions.
Why do people need same day loans?
Often when you need to apply for a loan it is because you need money fast to sort out an urgent situation such as a family emergency or unexpected bill. At these times, access to funds that day can be just what you need.
Taking out a loan is a major financial decision and needs to be weighed up carefully. When applying for a loan of any kind, both you and the lender need to be confident that the loan is affordable for you.
What are the advantages of same day loans?
Same day loans can provide an instant solution to your urgent situation. In the morning you can be worried sick about how you’re going to manage an unexpected expense. But with a same day loan, by the end of the day it’s possible for you to have the funds you need.
An advantage of a same day loan with Loans 2 Go is that you have plenty of time to repay your loan in affordable instalments. You will know up front how much you have to pay and when, with no unpleasant surprises, and can gradually pay off your loan balance and put today’s urgent situation far behind you.
What is the eligibility for our same day loans?
To be eligible for one of our loans, you need to be:
- At least 21 years’ old;
- Currently employed with a regular income;
- A UK bank account holder with a debit card;
- Resident in the UK either as a homeowner, tenant or living with your parents.
As part of our loan application process we will conduct an initial eligibility check before you complete a full loan application form, to avoid wasting your time if you are not eligible.
If you are eligible and you choose to complete a full application we will, at that point, undertake a full credit check on you.
Does Loans 2 Go offer money on the same day?
Loans 2 Go offer same day loans between £250 and £2,000. If you’re approved for one of our loans then we aim to get the money into your bank account the same working day (subject to working hours).
You can repay your same day loan over a period of either 18 or 24 months. The rate and term you are offered is dependent on your individual circumstances. You can make your loan repayments on a weekly, fortnightly or monthly basis, either by Continuous Payment Authority (CPA) from your debit card or via our online payment portal.
There is no charge for setting up your same day loan and, if you are able to repay the loan earlier than this, there is always the opportunity to repay your loan early.
What is the application process?
The first part of the application process is an eligibility check. This involves a soft search on your details which doesn’t affect your credit score, whatever the outcome. To run through the eligibility check, all you need to do is:
- Click the Get Started tab below;
- Specify how much you would like to borrow;
- Enter some basic information about yourself.
If you pass the eligibility check you will then be able to complete the full online loan application form to provide us with more information.
If your loan is approved, we aim to get the money into your account the same working day (subject to working hours).
Personal loans | 18 or 24 months
Life is full of ups and downs, and sometimes things just don’t go to plan.
£250 - £2,000
personal loans
Confidential &
secure
Money
same day
FAQ
Our no obligation eligibility checker is a soft search on your details and will let you know instantly if you’re provisionally accepted for a loan without affecting your credit score.
We do not charge any set up fees when you take a personal loan with us. Nor any penalty fee for early settlement.
As a lender, we pay commissions to credit brokers or other intermediaries who introduce customers to us. The commission we pay varies depending on the broker, the product offered, and the terms agreed with the broker. This payment is made by us and does not affect the interest rate, terms, or total cost of your loan.
APR stands for Annual Percentage Rate. This is the rate at which someone who borrows money is charged. It is calculated over a twelve-month period and is shown as a percentage. The APR percentage represents the actual yearly cost of the funds over the term of a loan.
Representative example: If you borrow £550 over 18 months at a flat rate of 168% per annum (fixed) with a representative 679% APR you will make 18 monthly payments of £107.56, repaying £1,936.08 in total. The rate and term you are offered is dependent on your individual circumstances.
Warning: Late repayment can cause you serious money problems. For independent help, please go to www.moneyhelper.org.uk
