Cheap personal loans

How much do you need?
£1,000 £2,500 £3,500 £5,000 £7,500 £10,000

Affordable £1,000 to £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%.

Application takes
3 minutes
UK lender
Call us: 020 3946 6777
Bad credit

Without a doubt, you are in the right place. Are you looking to obtain a cheap personal-loan of £1,000 up to £25,000 today? We are a direct private-lender, and we’ve already helped over 40,000 people in the UK to get personal-credit online. With you get all the benefits of banks like Barclays, HSBC, NatWest and more. You can apply with bad credit and no guarantor for up to £7,500. Private lender means that we’re FCA approved and the process is 100% online. No paperwork is required.

Access the best personal loans

Once you know how much money you need, the next step is to find a lender who will match your needs. At PLNOW, we take care of this for you. If you are looking for long term loans direct lenders, we are your first stop. We process your application first as a direct lender, but we take it a step further.

“We take it a step further.”

If we are unable to lend to you, we won’t just decline you. Instead, we’ll do all we can to find you a loan from a different lender. We have access to Monevo’s large panel of lenders, all of whom are authorised and regulated by the Financial Conduct Authority. With Monevo’s advanced technology you will receive a loan decision in just a minute and a half.

At this point, it is crucial to review the loan terms. Ensure that you will be able to meet the repayments. This applies whether you are applying for a personal credit check loan, payday loan, or even a mortgage. Check the policies of your lender to find out what will happen if you miss a repayment, as well as whether you’ll be able to repay your loan early.

If you’re comfortable with the agreement, you will need to sign the contract online before the funds can be transferred to your account. You could receive up to £25,000* today!

Apply now for a long-term loan from a responsible lender - Personal Loans Now Is the personal loan process completely online?

Yes, our application form is 100% online and there is no paperwork involved. While some ‘online lenders’ require you to scan in and send documents, or will send you the contract by post for you to sign and return, we work differently.

All you need to do is fill out our online application form and receive a decision within just 90 seconds. If approved, the money will be sent directly to your bank account that same day. No paperwork, no meetings, no hassle.

Personal loans for bad credit

At, you can apply with bad credit for up to £7,500 unsecured personal loan. Unsecured means that you don’t need a guarantor and that the whole process is online. We appreciate your time and would provide you with an instant decision. You are welcome to download our mobile application. It is free of charge and provides the highest acceptance rate with us as a direct lender and our handpicked partners.

Personal loan comparison

You can compare our online personal loans to credit from a bank.However, there are several differences between a bank loan and an online personal loan. If you need to borrow money fast, an online lender will usually be the better choice. The process of obtaining bank loans tends to drag out significantly more than applying for credit cards. You will often have to come in for a meeting, sign paperwork, submit documents, and wait up to a week for the loan decision. Even if you are approved, the money can take days to arrive.

When you apply with PLNOW, it only takes a few minutes to complete the application form. You can do it whenever and wherever you want. Your affordability and credit report will be checked at top speed, and you’ll receive a decision within 90 seconds. The money will be transferred that day if you’re approved.

Apply now for an
online personal loan

What is a personal loan calculator?

A personal loan calculator is a useful tool that tells you in real terms exactly how much your loan is going to cost. While all lenders have to tell you the representative APR of their loans, it’s not always clear what that percentage actually means for you.

A personal loan calculator will tell you

  • the amount you’ll repay at every instalment
  • how many instalments there will be
  • the total amount to repay

You can also find personal loan eligibility checkers. These tell you how likely it is that you’ll be approved for various loan amounts. Remember, cheap personal credit is usually reserved only for applicants with the best credit scores.

TOP TIP: Borrowing over a longer period of time will lower your monthly repayments. However, you will end up paying more for your loan. A personal loan calculator should make this clear, and you can use it to find the balance between affordable repayments and a cheaper personal loan.

How can I do a personal loan comparison?

I need a personal loan from a private lender, but I don’t know where to start!

Sounds familiar? Finding the best personal loan online can seem like a daunting task. However, searching for private loan lenders in the UK can actually be very straightforward. We’ve designed our unique Credit on Demand system to help you find the cheapest personal loan rates available to you.

When you apply with Personal Loans Now, all the comparisons are done for you. We check your eligibility for the best personal loan rates, and select the private lenders in the UK who are most likely to approve your application. Enjoy lower interest personal loans with a high acceptance rate and, if approved, same day funding†. Apply now for the new personal loan experience!

†Terms and conditions apply.

Written by: Kylie Jenson
Last modified: