Loans 2 Go loans

Loans 2 Go offers high cost loans of £250 to £2,000 to be repaid in weekly, fortnightly or monthly instalments.

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Loans 2 Go

Please note: You should always refer to your loan agreement for exact repayment amounts as they may vary from our results.

Late repayments can cause you serious money problems. See our debt help guides.

In 2015, Loans 2 Go merged with competitor Logbook Loans, increasing the size of the business. The lender, based in London, offers unsecured loans with terms of either 18 months or 24 months and a representative APR of 770%.

Loans 2 Go specialises in offering loans of £250 to £2,000 to people traditionally overlooked by mainstream financial institutions. You can apply online and have the money in your bank account within just 15 minutes of approval, provided you apply during office hours. Repaying your loan on time could help you rebuild your credit rating, giving you more options for credit in the future.

Loans 2 Go is authorised and regulated by the Financial Conduct Authority.

Key features of a Loans 2 Go loan

Loan amounts£250 to £2,000
Loan terms18 months or 24 months
Same-day funding available
Instant decisions in most cases
Overpay without penalty

How does a Loans 2 Go loan work?

  1. Use the slider on the website to select how much you wish to borrow.
  2. Fill out the simple application form with your personal, employment and financial details.
  3. Once accepted, you can expect the money in your bank account within 15 minutes. This is subject to you applying within the working hours of Monday to Friday, 8am to 8pm, and Saturday, 8am to 4pm.

Loans 2 Go customers can then manage their loan via the Loans 2 Go portal.

How much does Loans 2 Go cost?

Loans 2 Go loans have a representative APR of 770%. The precise cost depends on the loan’s size and terms, as well as how long you take to pay it back. You won’t be charged any fees when you take out a loan.


Loan amount: £550
Loan term: 18 months (with monthly repayments)
Interest rate: 180% p.a.
Representative APR: 770%

Total cost: £2,035.08

What are the eligibility requirements?

You should only apply for a Loans 2 Go loan if you are certain you can meet the repayment terms. You must also:

  • Be 21 years or older
  • Be a UK resident
  • Be in employment with a regular income
  • Be a UK bank account holder on a debit card

Loans 2 Go offers loans to both tenants and homeowners, and may consider applicants with poor credit or a county court judgment (CCJ).

Is Loans 2 Go safe?

Loans 2 Go is a registered lender authorised and regulated by the FCA.

How do I pay back my loan?

Like many high cost loan providers, Loans 2 Go uses a continuous payment authority (CPA) to collect the repayments from your bank account on your chosen dates.

You can make repayments on a weekly, fortnightly or monthly basis. You can also make early repayments on the loan but may be charged additional interest if you pay the loan off early in full.

What is a continuous payment authority (CPA)?

A CPA is a recurring payment in which you give a company permission to withdraw money from your account on a regular basis.

A CPA differs from direct debit because it gives the company being paid the ability to withdraw money from your account whenever it wants to and to take payments of different amounts without consulting you. Many loan companies use a CPA to collect your repayments. However, you can cancel this at any point by consulting with either your bank or provider.

Loans 2 Go Personal Loan

Loans 2 Go Personal Loan

  • Borrow from £250 to £2,000
  • Self-employed considered
  • Money in your bank account within 15 mins of approval

Representative example: Borrow £550 for 18 months at a flat rate of 180% p.a. (fixed). Representative APR 770% and total payable £2,035.08 in 18 monthly payments of £113.06.


Customer support information

You can contact Loans 2 Go via email or through its online form on the website.

Customer reviews

Loans 2 Go has a “Great” rating on review platform Trustpilot with 4.0 out of 5, based on over 2,900 reviews (updated March 2024). Customers commended the excellent customer service, simple application process and quick transfer of funds.

Our verdict

Loans 2 Go offers speedy access to funds for individuals with poor credit, with money deposited within 15 minutes of approval. However, its high APR and limited loan terms may deter some borrowers, especially those seeking more favorable repayment conditions.

It’s wise to consider all other options before you take out a high cost loan. Is the expenditure you’re planning unavoidable? If you can defer a purchase, you could save yourself money in the long run. If you’re struggling to pay a bill, then try talking to your electricity, gas, phone or water provider to see if you can work out a payment plan. Read more about loan alternatives at

Frequently asked questions

We show offers we can track - that's not every product on the market...yet. Unless we've said otherwise, products are in no particular order. The terms "best", "top", "cheap" (and variations of these) aren't ratings, though we always explain what's great about a product when we highlight it. This is subject to our terms of use. When you make major financial decisions, consider getting independent financial advice. Always consider your own circumstances when you compare products so you get what's right for you. Most of the data in Finder's comparison tables has the source: Moneyfacts Group PLC. In other cases, Finder has sourced data directly from providers.

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