FAQ - Personal Loans Now
55 QUESTIONS ANSWERED
LAST UPDATE 27.06.2018

FAQ Page

We like to keep things simple. If you have any questions about the way we work, take a look at the FAQs below, or contact us. Ready to go ahead? Apply now and get an instant decision!

Recent FAQs

Q: Why should I use Personal Loans Now?

We have access to a panel of some of the most trustworthy personal loan direct lenders in the UK, via Monevo Ltd. When applying with us, your chances of approval will be much higher than when applying with a direct lender. When Monevo an FCA authorised credit broker, receive your application, they go through many lenders and carefully select only the most suitable lenders to send the application to. We will always try to find you a direct lender who is most suited to your specific needs.

Q: What are the benefits of having a good credit score?

With a good credit score you will be able to:

  • Get low-interest rates on loans and credit cards.
  • Have a higher chance of approval for unsecured loans for bad credit in the UK and credit cards.
  • Get approved for higher limits.
  • Have more negotiating power.
  • Get an easier approval for apartments and rental houses.
  • Get better rates on your car insurance.

Q: Can I pay off other debts with guarantor loans?

Yes. You may be able to make your finances much more manageable by taking a guarantor loan in the UK to pay off more expensive, high-interest debt. But by consolidating existing shorter-term loans, you may be lengthening the time it takes to clear the debt. In the long term you may end up paying more interest in total, but this would depend on your particular circumstances. You may decide to take independent financial advice before consolidating other debts.

Q: Can I get home improvement loans with bad credit from Personal Loans Now?

Yes, we offerhome improvement loans for bad credit with an instant decision online. These loans do tend to be a tad more expensive if you have a poor credit score. This is because someone applying with a bad credit history is a higher risk to the lender than lending to someone with good credit. It’s a good idea to brush up your credit score before applying for a home improvement loan with bad credit as then you are likely to get a better interest rate.

Q: Should I compare home improvement loans before taking one?

It is important to compare home improvement loans in the UK before jumping into using any personal loan lenders. Comparing home improvement loans will ensure you get the best rate available for you. When you compare home improvement loans, it is a good idea to look at the reviews to see how satisfied previous customers are with the customer service of the lender. When you apply for a high acceptance home improvement loan with Personal Loans Now, Monevo compares different lenders to ensure you are offered the cheapest and fastest home improvement loan for you.

Q: Can I get best home improvement loans from Personal Loans Now?

Yes! The best home improvement loans are available for you right here, at Personal Loans now! You can get access some of the best home improvement loans by improving your credit score before applying for a home improvement loan. Another way you can find the best home improvement loan for you is to shop around and do your research on different personal loan lenders to see which one would have the best and cheapest home improvement loan.

Personal Loans Now

We like to keep things simple. If you have any questions about the way we work, take a look at the FAQs below, or contact us. Ready to go ahead? Apply now and get an instant decision!

  • Guarantor loans
  • Unsecured loans
  • Same day payment
  • Get up to £25000
  • Long term loans
  • Personal loans
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Personal Loans Now is a registered Trading Name of Rigstone Capital UG which is an Introducer Appointed Representative
of Quint Group Limited, and is entered on the Financial Services Register under reference number 783648.