How it Works

At Personal Loans Now, We care about making the loan process as easy as possible for you. All you need to do is apply for any amount up to £25,000, and you can rest assured that we’ll take care of the rest. Apply now for a loan that has super high chances of approval, or read on to find out more about how a loan from Personal Loans Now works.

Loans Loans from
£2,000 – £25,000
Decision Decision time
90 seconds
Preocess Application takes
3 minutes
Reputable Direct lender
Fully authorised
Bad Credit Bad credit accepted
High approval rates
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* Affordable £2,000 – £25,000 Online!
Representative Example: Borrow £10,000 for 24 months, 24 monthly repayments of £578,37.
Total repayment £13,880.88, interest rate p.a. (fixed) 39.7%. Representative APR 39.7%.

Credit on Demand Explained

What do you get when you cross a direct lender with a broker?

A powerful, new-generation loan engine with high acceptance rates. Personal Loans Now has taken a unique approach to personal loans online. Our brand new concept, Credit on Demand, offers you the advantages of both a direct lender and a broker. As a direct lender, we will always start by trying to fund you the loan ourselves. Sometimes this isn’t possible, so we’ve teamed up with Monevo’s large panel of lenders to search the market for the right loan for you. This massively increases your chances of approval.

We are a direct lender…

Once we receive your application, as a responsible direct lender we automatically carry out credit and affordability checks. If we can fund you the loan, you will receive an instant decision of approval and you will be funded the money on that same day. If we cannot offer you the loan ourselves, your loan application will automatically be sent on to Monevo to search the market for a loan on your behalf.

…but also a broker!

The second part of our Credit on Demand feature is powered by Monevo, a powerful platform with access to over 50 authorised direct lenders. Their advanced decision engines will search the market on your behalf, significantly increasing your chances of approval. With just one application, the whole market is at your fingertips. Want to know more about how our partnership with Monevo works? Look at this infographic to see exactly what happens when we send them an application.

Personal Loans Now - how it works

Our Top FAQs

What do you need to be eligible for a personal loan?

The main criteria you need to apply for a loan are that: You must be at least 18 years of age, reside in the UK and have a UK bank account. Besides for these basic requirements, each lender will have their own set of checks that you will need to pass in order to be approved for a loan.

How do I apply?

All you need to do is fill out our online application form which will just take a few minutes of your time. On our application, you need to choose the loam amount and loan length that suits you best. You’ll also need to provide some details such as your home address, employment details and monthly expenses.

Is there an application fee?

We don’t charge any fees for our services. However, some lenders on Monevo’s panel of lenders do charge a service fee, but we will always make this clear at the time of application. With Personal Loans Now, you will be under no obligation to take the loan that has been offered to you until you sign the loan agreement.

If you have any further queries, youc an check out our FAQ page, or on 020 3946 6777 or at

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Apply now for personal credit and get an instant decision!