Loans 2 Go offers personal loans ranging from 250€ to 2,000€. The standout features include no upfront fees, fast online applications, and a same-day payout option if approved. Representative APR can be quite high, reaching up to 679%, with fixed terms available for 18 or 24 months. Your individual offer will depend on your personal profile and circumstances.

Applicants must be at least 21 years old, a resident in the UK, employed, and hold a UK bank account with a debit card. The service prides itself on considering even those with less-than-perfect credit histories, making Loans 2 Go an option for many who need quick access to funds.

How to Apply: Step-by-Step

• Choose your preferred loan amount
• Fill out the quick online application form
• Receive an instant decision without affecting your credit score
• Upon approval, complete your application with the required details
• Get funds paid directly into your bank account, usually the same day*

Advantages

One major advantage is the speed and convenience; you get an instant decision and rapid funds transfer, perfect for urgent expenses. There are no setup fees or early repayment charges, giving you flexibility during your repayment term.

Disadvantages

High interest rates stand out as a drawback. With APRs up to 679%, the cost of borrowing can be substantial over the loan term. Additionally, eligibility is limited to residents in the UK, and you must meet set criteria regarding age and employment.

Our Verdict

Loans 2 Go is worth considering if you need money urgently and may not have access to traditional banking options. The straightforward process and absence of upfront fees are appealing; however, always weigh the high interest rates against your ability to repay to avoid financial strain.