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Need A Loan Now - Frequently Asked Questions and Help


 

Who are NeedALoanNow?

How much can I borrow?

How long will it take to get a decision?

What can I use the loan for?

What would happen if I struggled to pay off the loan?

How do I re-pay the loan?

What are the terms and conditions?

How do I apply for a loan?


Who are NeedALoanNow?

With over 500 lenders in the market place, finding the right loan for you can be a very difficult task. That's where we come in; we work with over 200 of the UK's largest lenders to find the right solution and best loan for you.

We understand everyone's circumstances are different and pride ourselves on taking a sympathetic and understanding approach to all applicants. So if you have experienced debt problems, bad credit history or have little or no equity, or need cash quickly, NeedALoanNow can still help.

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How much can I borrow?

We can offer various amounts with loan sizes from £80 to £100,000. Payday Loans start from £80, unsecured loans often start from £100 all the way up to £100,000, and secured loans or homeowner loans can be higher.

The maximum loan amount that can be offered to you depends on your income and how you have handled your credit in the past. Once we have taken some basic details then we can usually give you an option within a few minutes. We match your details and information to with lenders that have suitable criteria. The lenders will then take you through the next steps of your application. Although we cannot guarantee you will be accepted for the amount you have applied for by the lender we will, based on the information you give us, identify lenders who match your profile.

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How long will it take to get a decision?

Payday Loans can be accepted immediately if you meet the criteria and you could have the cash in your bank on the same day.

Unsecured Loans, Debt Consolidation and Secured Loans could take a little longer.

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What can I use the loan for?

Payday Loans are often used to pay off any outstanding bills, emergency repairs or extra cash till payday.

Unsecured Loans can be used for various purposes from home improvements, a new car, your wedding or even a holiday and are flexible loans to suit you.

Debt consolidation are used to consolidate all your existing debts into one loan, such as credit card payments, store card payments and other outstanding loans, to enable you to make only one repayment each month.

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What would happen if I struggled to pay off the loan?

As soon as you feel there is a problem with repaying the agreed monthly amount or your personal circumstances change it is vital that you inform your lender so that they can take steps to help you.

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How do I re-pay the loan?

Once you have been accepted for a loan your repayments will be agreed with your lender. They will advise you of the total amount repayable based on the amount borrowed, the interest rate you will be paying and the period of time you have to pay the loan back. They will also advise you of the monthly amount you need to pay.

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What are the terms and conditions of using NeedALoanNow?

To see our terms and conditions – please click here

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How do I apply for a loan?

Simply complete the online application for either a payday loan or unsecured loan or call one of our friendly advisors on 0844 8330711.

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