£2500 Loan -– Apply To Borrow 2500 Pounds
If you need to borrow a £2500 loan today, our panel of lenders can help. We understand that from time to time people need to borrow a relatively large amount, with a choice of repayment terms that are affordable.
As a leading broker of short-term loans, we have partnered with a range of the leading UK lenders, so that you can borrow up to £10000 today. By providing you with a large choice of available lenders, you will be able to secure the best deal, instead of just accepting the terms of the lender which will accept you.
Who can apply for a £2500 loan?
If you are looking to borrow £2500, our lenders can offer repayment terms of up to 60 months. The success of your application will largely depend on the affordability of the repayment terms you choose. Unlike some lenders which only consider your credit rating, the lenders we partner with will also base their decision on other factors such as your monthly income and your outgoings
Our free eligibility checker will provide you with an instant approval success indication before you submit your application. The eligibility checker will not leave a footprint on your credit file and you will be under no obligation to continue with an application.
When you submit your application through our website, we use our innovative soft search technology to assess your credit file and send your details to our partners that we think may consider your application. Soft searches are only visible to you on your credit file and will not impact your credit score. This will enable us to find you lenders who can offer you the credit you need. These lenders then assess your eligibility and affordability. They will then complete a soft search of your credit file. If one of our lenders indicates that you may be considered for a loan, we will redirect you to their website.
If you decide that the available loan meets your requirements, we will pass your application details across to the lender. As a broker, the service we provide to you is completely free. Instead, the lender will provide us with a percentage fee, if they approve you and send you the money.
Who can apply?
To be eligible to apply you have to:
- Be over 18 years old
- Be a UK resident
- Have a regular income
- Have income paid directly to your bank account
- Have a bank account with a debit card
How to apply?
You can start by filling out our Quick Check tool we’ll let you know what your chances of being approved are. Given a positive result, you can proceed with a full application.
Once the application is passed through to the lender most likely to accept your application, if you decide to proceed, they will complete their final checks. This will include a hard search of your credit history, which will leave a mark on your credit file. However, at this stage the pre-application checks conducted will have matched you to the lender which is most likely to approve your application.
Once your application is processed, the lender will send the funds to your chosen bank account. In some cases, this could be completed in minutes*, although the final funds availability will depend on your bank's policies and procedures.
What are the terms to borrow 2500 pounds?
If you decide to proceed with your application, you may have the option to repay the loan over 12 months with a maximum term of up to 36 months. If those are not the right terms for your personal situation, we might be able to offer smaller forms of borrowing over a shorter period – we might be able to offer 1000 pounds over 3 to 36 months, for example.
How long does it take to receive the money?
This will depend on the outcome of the application and the speed your bank processes incoming payments. Once approved, your cash could be sent within minutes*, but depending on your bank it might take longer to actually receive the money.
Can I get a £2500 loan if I have bad credit?
The success of your application will largely depend on the affordability of the repayment terms you choose. Unlike some lenders which only consider your credit rating, the lenders we partner with will also base their decision on other factors such as your monthly income, your outgoings and your affordability to meet repayments.
Before you submit your loan application, you should think carefully about the financial impact. The repayments should be affordable as if you are unable to meet them your credit file will be affected. If you would like to discuss your financial situation, organisations such as The Money Advice Service and Step Change will offer free and impartial advice.
Representative Example: Amount of credit: £1200 for 18 months at £90.46 per month. Total amount repayable of £1628.28. Interest: £428.28. Interest rate: 49.9% pa (variable). 49.9% APR Representative. We’re a fully regulated and authorised credit broker and not a lender