Borrow Money Online.

£50 to £5,000 paid out by 11:08pm *

Fast 3 to 36 month online loans

Secure UK Site Secure UK Site

100% No obligation loan quote

Accept and get your cash in 15 minutes *

We don't charge any fees, ever!

We don't credit check


How much money can I borrow?

How much money you can borrow depends on numerous factors. Perhaps the most significant thing to consider when borrowing money online is how much you need. If you are looking for a big loan, such as for a car or a house, then you most likely require a type of long-term borrowing. Offered by various direct lenders, these long-term loans usually feature a stricter, more-detailed application process because of the more significant amounts of money involved and the more extended repayment schedule. These loans are based on your income and assets; meaning the limit to how much you can borrow is usually based on how much you can afford.

On the other end of the scale, short-term loans enable people to quickly and easily borrow money online, often in small amounts. Ideal for unexpected situations or emergencies, these loans generally run from £50 – £5,000 and can often be paid into your account very quickly once your application has been approved.

Questions related to borrowing money

Q1 – How quickly can I borrow money?
Q2 – Will I need a credit check when borrowing money?
Q3 – How can I borrow money fast?
Q4 – Do I have to pay the loan back on my next payday?
Q5 – Can I borrow money with a bad credit rating?

How quickly can I borrow money?

The short-term loans industry has grown a lot in recent years because of the increasing demand to borrow money fast. As such, many of the biggest and most respected direct lenders across the UK now provide a range of short-term loans designed to quickly give you the cash you need, including being able to borrow money online as well as on your smartphone. Understanding that such loans are often required quickly, many lenders now make borrowing money incredibly easy and feature simple, easy-to-follow steps. Many applications can be processed almost instantly; meaning you can find the money you require the same day; sometimes within the hour. Of course, many short-term loans feature higher interest rates than other types of loans.

To help find the best deal for you, New Horizon’s partner will help identify and compare the deals offered by lenders based on the information you provide.

Will I need a credit check when borrowing money?

The simple answer is yes. The Financial Conduct Authority stipulates that all authorised direct lenders carry out a credit check on every loan application. Therefore, you should be very wary of a lender that claims to allow you to borrow money with no credit check. Direct lenders use credit scores to decide who they lend money to and who they do not.

How can I borrow money fast?

At New Horizons, we have a quick online application process, which means that you can submit your application in less than 2 minutes. The lenders on the panel will provide an instant decision, and if accepted, you could receive the loan within 15 minutes*

Do I have to pay the loan back on my next payday?

At New Horizons, we partner with a broad range of lenders and brokers who provide loans for customers ranging from 3 months to 36 months. Giving customers a higher level of flexibility allows them to tailor their loan repayments in such a way as not too put too much pressure on a single month. When taking out a loan, the longer you spread the repayments will mean you will pay more interest in total.

Can I borrow money with a bad credit rating?

A bad credit rating can mean lenders are unlikely to lend a person money because they are perceived as being unable to make repayments. However, this does not always mean that anyone with bad credit should be put off from applying for a loan. New Horizons understands that you can find yourself with a bad credit score because of a number of different reasons. Knowing that this does not make you a heightened loan risk, lenders are featured who specifically cater to people with poor credit ratings.

If you are struggling with your debts and require assistance, you can speak to the companies below, free of charge.

moneyadviceservice.org.uk
stepchange.org
nationaldebtline.org