£2,500 Short Term Loans?
If you are looking for a short term loan, the amount that you can apply for has increased significantly in recent years. With £2,500 loans now more readily available from more lenders than ever before. It allows people who need access to bigger loans, a quick, affordable solution. As the repayments are higher for more substantial loans, most lenders will likely require you to show that you can afford the repayments. For such a loan and will ask you for information about your monthly income and outgoings when they assess your application.
Questions answered in this guide
Q1 – Can I apply for a loan without damaging my credit score?
Q2 – Can I apply for a loan online?
Q3 – How long does it take to get a loan?
Q4 – Can I borrow £2,500 if I have bad credit?
Can I apply for a loan without damaging my credit score?
While you cannot apply for a short term loan with no credit check, you can use our partner’s eligibility checker to see if you will be accepted for a £2,500 loan without impacting on your credit score. A panel of lenders uses soft search technology to assess an application. If you decide to accept their offer of a loan, they will then complete a hard credit search.
Can I apply for a loan online?
At New Horizons, you can apply using our quick application form, which takes a couple of minutes to complete. You can apply using your smartphone, tablet or computer 24 hours a day, every day. If you are accepted, many lenders will be able to continue the process online, too, using online ID verification and e-signature.
How long does it take to get a loan?
Thankfully lenders have become very quick at processing applications for loans. The improvement in technology in recent years means that your application can have a decision back within minutes or even seconds. If your request for a loan is approved, the lenders can also send the money to your bank account in15 minutes*.
Can I borrow £2,500 if I have bad credit?
Our partner can help you find lenders offering £2,500 loans even if you have a bad credit rating. Furthermore, because of the wide choice now available, you will be able to shop around for the best deal instead of simply agreeing on terms with the first lender that says yes to you. As a credit broker, our partner will ensure that your application is referred to the lenders in their panel who are most likely to accept you at the best rates, so you are in the right place to find your £2,500 bad credit loan.
If you are struggling with your debts and require assistance, you can speak to the companies below, free of charge.