As a new customer the minimum repayment period is 3 months and the maximum is 6 months. Additional options may be available to you as a repeat customer. *Applications submitted outside normal business hours will be processed on the next working day. *All applications are subject to affordability checks*
Representative example: Borrow £300 for 3 months / Interest payable £154.38 / Total amount payable: £454.38 in 3 instalments / 3 payments of £151.46 / Representative 1,298.25% APR / Interest rate 292% per annum (fixed) / Maximum APR 1,623.90%
When considering loans like Loans 2 Go and other lenders such as a Lending Stream alternative, it’s a good idea to fully understand what they offer and compare your options. With so many different types of same day loans available online, making an informed choice is important before clicking the apply now button.
Start by comparing interest rates, repayment terms, and eligibility requirements. Here at QuidMarket, we provide transparent information upfront, so that you can assess the total cost of the loan you need without any surprises or hidden fees.
You’ll also want to consider the lender’s customer service reputation and if they are regulated. As we are authorised by the Financial Conduct Authority (FCA), we follow responsible lending guidelines to ensure every customer can apply for a loan in a safe and secure online environment. If the loan you need matches your affordability, you may be able to find a short-term option quickly, even with a poor credit history.
Applying for a loan here at QuidMarket can enable you to settle a short-term expense quickly, without a long application process. We can help people with diverse credit histories, providing an easy application process that focuses on your affordability rather than just your credit score. We are committed to customer satisfaction and transparency, making us a reliable Loans 2 Go alternative when you need funds in a hurry.
Easy To Apply – The application process is streamlined and user-friendly. You can complete the online form in just a few minutes and get a quick decision, ideal when you are in urgent need of funds.
Affordable – We take responsible lending seriously, which is why our team of experts will review your application to ensure that you can comfortably afford your loan.
Trusted Lender – We are authorised by the Financial Conduct Authority (FCA) as a trusted and regulated lender. We follow strict lending guidelines to provide safe and secure loan options to our customers.
Loans2Go is a direct lender offering online personal loans ranging from £250 to £2,000 with monthly interest rates from 9.3% to 14% (Representative 679% APR). You can choose flexible repayments between 18 – 24 months, providing a longer repayment term option than we do at QuidMarket. Repayments can be made weekly, bi-weekly, or monthly and they do accept early settlement if you can afford to do so.
They do not provide guaranteed loans but they can help those with poor credit histories where possible, charging no fees and offering same-day cash. They do not specify a maximum amount for new customers, instead, they state that the rate and/or term you are offered will depend on individual circumstances. This means they may still decline you if applying for higher amounts.
At QuidMarket, we make it clear that new customers can apply for a maximum of £600 on their first loan so that there is no confusion. If you then choose to apply again in future, you may be eligible for up to £1,500.
Loans like Loans 2 Go focus on helping those who need a loan to cover life’s unexpected events. Helping the immediate financial needs of borrowers, they can look beyond credit scores to consider current financial circumstances, so it is possible to be approved whilst having bad credit.
Whilst their loans are designed to be accessible, especially for those who might have faced financial difficulties in the past, they only offer long-term repayments, so if you want to have repayments with a term shorter than 18 months, they won’t be able to help. This means their smallest loan amount of £250 has to have a repayment term between 18 and 24 months.
Customers can choose to repay early at no additional fee, but will still have to commit to a credit agreement of at least 18 months. At QuidMarket, you can choose a much shorter repayment term between 3 – 6 months, helping you to pay off your loan much quicker which can be ideal for small loan amounts.
Their application process provides a quick decision, ensuring applicants are not left waiting long. This means they can also offer same-day funds where possible like we do at QuidMarket (depending if the application is made within business hours).
Just like QuidMarket, Loans 2 Go is an authorised by the FCA, so you can trust they will work to responsible lending guidelines. Loans 2 Go is a trading name of Loans 2 Go Limited and their FCA reference number is 679836.
When comparing different lenders, it’s crucial to only use those that are FCA-authorised. This ensures you can apply with confidence that your details will be kept safe and secure online and that you will be treated fairly as a customer. At QuidMarket, our FCA reference number is 677995.
We believe you shouldn’t have to jump through too many hoops to get the loan you need – that’s why we have simplified the loan application process to ensure it is swift and hassle-free.
You can complete our straightforward online form in just a few minutes, providing only the essential information we need. With this completed application, we can quickly give you an initial decision within minutes. Our approval process is done manually and involves comprehensive credit and affordability checks, conducted by our team of experts to ensure that the loan will fit your situation.
Don’t worry, although we don’t automate this process like other lenders do, this is still done quickly and efficiently. We always aim to process your application within 2 hours, (if your application is made on a business day before 3:00pm) and once approved, you could have the cash ready to use in your bank account the same day, usually within a few minutes of the transfer.
Enjoy a quick application process and receive an initial decision within minutes on a loan up to £1,500. (£600 for new customers). Please note, you should only apply for the mount you need.
Credit and affordability checks will be performed to ensure that the loan is affordable and suitable for you
We set up a Continuous Payment Authority (CPA) on your bank account for automatic repayments until the loan is fully repaid.
By offering flexible and quick loan solutions, we put you in control of your financial decisions. We understand that having a good credit rating is not something everyone has, but it shouldn’t mean you can’t access emergency cash when you need it.
We are happy to help those with a poor credit history obtain a short-term cash loan if repayments are sustainable. As a Loans 2 Go alternative, you can choose a small amount such as a £300 loan and choose 3 – 6 months to repay, rather than having to commit to 18-24 months as you would do with Loans 2 Go.
If this is your first time applying for a loan with us, you can choose between £300 to £600. This we believe is a manageable loan amount for your first loan. Once this has been repaid, and if you need our help again in future, returning customers can apply for larger amounts up to a £1500 loan.
This approach ensures that all customers receive options that best fit their current situation. We cannot guarantee approval, but we always look to help where possible when you need funds for emergency or unexpected expenses.
Loans 2 Go only offers online personal loans, so they do not offer short-term options like payday loans or emergency loans.
They also only offer repayment terms of 18 to 24 months, which is not ideal for those who might want a short repayment term for a few months. Borrowers can choose personal loans between £250 and £2000 depending on their current finances and affordability.
Our Loans 2 Go alternative here at QuidMarket is ideal for short-term financial needs that cannot wait until your next payday, or when you do not have enough savings to cover the expense. If a loan repayment term between 3 – 6 months is what you are looking for, we can look to help today.
Want to apply for a loan at QuidMarket today? All you need to do is meet the following eligibility criteria first:
These requirements ensure that our Loans 2 Go alternatives are provided responsibly for those who can manage the repayment terms effectively. We hope that we can help you today, however, the above doesn’t guarantee you will be approved – your application will be subject to credit and affordability checks first. Please be ready to provide proof of identity, address, and your most recent bank statements as we may need this to provide a speedy decision.
Have you compared your options for loans like Loans 2 Go? If a QuidMarket loan would be ideal to help you resolve your short-term financial needs, click apply now to start your application.
With our simple and quick application process, you’re just a few steps away from a flexible loan tailored to your circumstances. If you have any questions, please feel free to contact us.
We always aim to provide a quick decision so once we receive your application, we can give you a decision in principle within minutes. This way, you won’t be left waiting around for too long to see if we can help. If provisionally approved, the underwriting process will then perform credit and affordability checks. This can take up to 2 hours, however, we will always process your loan as quickly as we can so that we can offer same-day funds where possible.
We do not charge any upfront fees for using our online service, and there are no hidden fees either. At QuidMarket, we are happy to be transparent with all loan terms, helping you to make an informed decision when you need quick cash. We also do not charge for late payment or early repayment of your loan.
Yes, you can repay your loan early without any additional fees, potentially saving on the interest charge overall. Simply contact us if you would like to get an early settlement figure and we’ll be happy to help.
If you miss a repayment or feel you will struggle to maintain them, it’s important to contact us as soon as possible. We understand that circumstances can change unexpectedly, so speaking to us at your earliest opportunity will mean we can look to help. Although we do not charge for late payments, it’s important to sustain your repayments. Missing them can affect your credit rating and can lead to defaulting on the loan.
Yes, we are happy to consider applicants with various credit histories. This is because we focus more on your current financial situation and ability to sustain the loan rather than just your credit score. Approval is not guaranteed, but we have helped many customers with poor credit histories get the loan they need.