If you are looking to borrow £2,000, All Purpose Loans can help you find the most competitive rate and lender most likely to approve your loan. Acting as a whole of market broker, we work with over 50 UK lenders who can offer £2,000 loans, with all credit histories considered.
A £2,000 loan is perfect to pay off any urgent expenses or pressing bills on the kitchen table. You are able to receive money upfront and then pay off your loan over several months or years to give you much needed breathing space.
Using our eligibility checker, applicants will receive a provisional quote from one of the UK’s leading lenders. Our online loans application takes less than 2 minutes to fill in and applying will not impact your credit score. You can choose how much you wish to borrow and how long for and most customers are able to receive funds to their bank account on the same day or within 24 hours.
Our online loan application can be completed 24 hours a day, 7 days a week via desktop, mobile or tablet. Our system will be able to match your loan requirements and credit status with the lender mostly likely to accept your loan, and on the best terms possible.
Our smart eligibility checker is able to provide an instant quote on the screen upon completing the application and then you can choose to proceed with the recommended lender.
We require a few basic details online including your name, age, address, monthly income and expenses – and we will match you with the right lender according to your requirements.
You have peace of mind that when you apply that there are no upfront fees and your information will not be passed onto any other third parties without your permission.
The £2,000 loans available through All Purpose Loans are usually unsecured, which means that you are not required to use any valuable collateral such as a car or home to be eligible and your eligibility is based on your personal income, credit score and affordability. Therefore, you can borrow £2,000 without a guarantor.
This type of financial product will often fall under a personal loan because it is used for individuals and not businesses or to buy a property.
For some individuals with outstanding loans and credit card bills, it could be used as an unsecured debt consolidation loan, helping you consolidate all your financial liabilities into one single ongoing monthly payment.
Loans for £2,000 are usually repaid in equal monthly instalments, so you know exactly how much you are repaying each month and this can be automatically collected via your debit or bank account.
The rates you are charged when you borrow £2,000 will depend on factors such as your credit score and affordability. Those with good credit scores will usually be eligible for low cost loans, with those with bad credit or poor credit scores will likely pay slightly higher rates to reflect the added risk.
If you find that you are in a position to repay your loan early, you may do so, at any point. You simply need to contact your lender directly and will often save a lot of money since you are not paying any interest that will accrue over time.
Whilst the criteria to borrow £2,000 will vary from lender-to-lender, the general eligibility is:
If you are looking to borrow £2,000 with bad credit, you may still be eligible for a regular personal loan. However, if you have very poor credit, you may need added security by using a valuable asset (such as car or home) or adding a guarantor to your application.