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55 QUESTIONS ANSWERED
LAST UPDATE 27.06.2018

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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 the Monevo Ltd. lending platform. When applying with us, your chances of appro...Read more

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 an...Read more

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 sh...Read more

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

Yes, we can help you find home 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. Thi...Read more

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 ...Read more

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

Yes! The best home improvement loans are available for you right here, through Personal Loans Now! You can get access some of the best home improvement loans by improving your cred...Read more

Q: What are unsecured debt consolidation loans?

Unsecured debt consolidation loans UK are loans that enable you to consolidate your small loans and different credit sources into one loan, without requiring you to give security f...Read more

Q: Do I need a guarantor for debt consolidation loans?

In general, debt consolidation loans with a guarantor will be cheaper than without. However, many lenders will still offer you a debt consolidation loan without a guarantor, even i...Read more

Q: Can I get low-interest rate debt consolidation loans?

Yes! We can get you low interest rate debt consolidation loans. When you take out a debt consolidation loan for poor credit, you want a low-interest rate so you can pay less intere...Read more

Q: Can I get a debt consolidation loan online?

Yes! Personal Loans Now can get you debt consolidation loans online. Fill out our single online application from the comfort of your own home, and instantly receive a personalised ...Read more

Q: What happens to my loan if I move away?

If you move abroad, the loan repayments will continue to be made from your bank account. However, if you are closing your bank account, please be in touch with your loan provider t...Read more

Q: Why do I have to provide so much information on my application form?

We work with Monevo Ltd. lending platform to find you the most suitable direct lenders for your profile. The lenders needs to get to know you as an individual to fully understand y...Read more

Q: Once I apply, how do you use my personal information?

Once you apply, we work with Monevo Ltd's lending platform to assess your application and find you the most suitable and trustworthy direct lenders for your profile. We'll instantl...Read more

Q: Why might my guarantor be declined?

There are a variety of reasons why a lender wouldn't accept someone as a guarantor, but the most common is if their credit rating doesn’t meet the lender's criteria. This is most...Read more

Q: Are logbook loans unsecured loans?

No, logbook loans in the UK are a form of secured lending. In short, you are putting up your vehicle as a collateral against borrowing. This allows the loan company to lend without...Read more

Q: What are logbook loans’ borrowing limits?

The amount that you can borrow on a logbook loan will depend upon the value of your vehicle. Typically, you can take a logbook loan starting from £2,500 until £25,000. In additio...Read more

Q: Can I sell my car if I have a logbook loan on it?

If you have taken out a logbook loan against your car, you must NOT sell the vehicle. This action would be breaking the law, and the lender could take you to court.

Q: How much does it cost to apply through Personal Loans Now?

Nothing! We do not believe you should be charged just for putting in an application. With Personal Loans Now, there are no application fees, postal fees or fast funding fees. Any ...Read more

Q: I am stuck with filling out my application, what should I do now?

If you have any questions or comments at all, we’d love to hear from you! You can contact us via the following; By phone: 020 3946 6777 By email: hello@personalloansnow.co.uk

Q: What should I do if I cannot find a guarantor for my loan?

If you are struggling to find a guarantor for your loan, it's important to ask yourself whether taking out a loan is your best option. It may be a wise idea to seek financial advic...Read more

Q: Who can become a guarantor for a personal loan?

There is a large number of people who can act as a guarantor for a personal loan. Your bank will accept individuals not financially linked to the applicant, i.e. the guarantor shou...Read more

Q: Who can apply for a guarantor loan?

Anyone can ask for instant guarantor loans. Most financial organisations are happy to lend money for a large purchase as long as the guarantor is suitable. To add to this, younger ...Read more

Q: What are guarantor loans?

Guarantor loans are a kind of unsecured loan. The guarantor acts as a co-signer on the loan with the borrower and agrees to undertake the loan repayments if the borrower defaults o...Read more

Q: Is the interest rate for personal loans fixed?

The majority of personal loan companies offer fixed interest rates. This means that the interest rates on these personal loans from direct lenders stays the same throughout the ter...Read more

Q: Can I repay long term loans for bad credit from abroad?

Yes, You can repay your long term loan for bad credit from abroad like you were in the UK. However, if you have moved to live abroad, you won't be able to borrow with Personal Loan...Read more

Q: How fast can I get loan for bad credit with no guarantor?

You can apply for unsecured personal loans for bad credit with no guarantor online by filling out our simple application form here. Your application will then be analysed by Monevo...Read more

Q: Is it important to take loans for bad credit from direct lenders who are FCA authorised?

Yes! You may feel safer borrowing unsecured loans over secured loans because, should you be unable to repay it, the lender has no claim over any of your assets. You aren’t at ris...Read more

Q: Are unsecured loans with no guarantor expensive?

No guarantor loans are usually more expensive because a lender will set the interest rate based on the level of risk they feel they are undertaking. The greater the risk, the highe...Read more

Q: What would happen if I don’t repay my unsecured loan?

All lenders have their own policies. For example, one may charge you immediately upon missing a repayment. Another may give you a grace period before adding charges. In general, th...Read more

Q: Can I get a home improvement loan without a guarantor?

Yes, Personal Loans Now offer home improvement loans without a guarantor. This type of loan sounds like a dream come true, but qualifying for one is very challenging, and you may e...Read more

Q: Do you offer car loans with no guarantor?

Yes, You can apply to us for car loans with no guarantor and we will do out best to find the most suitable lender for you. There are many car finance lenders in the UK offering car...Read more

Q: Can I get multiple unsecured loans from Personal loans Now?

No, however it is possible to apply for several small unsecured personal loans from different companies at the same time. However, while there's no rule against it, there's a big c...Read more

Q: How do I apply with Personal Loans Now?

All you need to do is fill out our simple online application form which will just take a few minutes of your time. To apply for any loan with Personal Loans Now, you must be: a UK...Read more

Q: Can I get a personal loan with poor credit and no bank account?

Some lenders are prepared to ignore a person's poor credit history. If you need short term loans for bad credit and with no bank account you can relax – there are lenders who...Read more

Q: What is a credit report?

A credit report is a file that shows a summary of a persons financial status and background. It is based on all the information that's in your credit profile, which has been compil...Read more

Q: How can I benefit from taking an unsecured Loan?

One of the biggest advantages of getting long term unsecured loans is that your personal property isn’t at risk in case of a default. So you don’t have to worry about losing yo...Read more

Q: Are you a fully authorised firm?

Well, we're glad you asked. Personal Loans Now is a trading name of Western Circle Ltd., a fully authorised credit broker in the UK. We are registered on the Financial Services Reg...Read more

Q: Do loans for bad credit appear on or affect my credit score?

Taking out a long term personal loan for bad credit will always show up on your credit report. But this isn’t necessarily bad, on the contrary if you make your regular monthly re...Read more

Q: Can I get personal loans with no credit check?

Personal Loans Now works with Monevo, an FCA regulated company to find you the best and safest personal loans on the market. According to the FCA, a pre-approved loan with no credi...Read more

Q: How can I find the best personal loan?

The best personal loan for you are defined by your specific needs. The best loan for you will not necessarily be the best solution for other UK consumers seraching for 'best person...Read more

Q: Does Personal Loans Now offer joint loans?

At the moment, we do not offer the option of applying for joint loans with Personal Loans Now. Borrowing a joint loan means joint responsibility, which is not always a good thing. ...Read more

Q: Can I get long term loans from Personal Loans Now?

Yes. You can apply with us for long term loans and short term loans from 1 month to 10 years. Some lenders will be willing to offer you long term loans with no guarantor, but other...Read more

Q: Do Personal Loans Now offer loans for unemployed people?

Whether you are unemployed or employed, we just might have the loan for you. Personal Loans Now works with Monevo to provide loans for unemployed people too. You can get cash loans...Read more

Q: Are instant guarantor loans online safe?

When looking for instant guarantor loans online, you want to keep yourself and your information safe. All FCA authorised and regulated lenders are required to follow safety guideli...Read more

Q: Do you offer low rate guarantor loans?

Yes! Guarantor loans have rates that are lower than those for payday loans. So, anyone who is having trouble getting accepted for unsecured personal loans by traditional methods wi...Read more

Q: Is it better to get a guarantor loan from a personal loan lender or a bank?

You can find guarantor loans at your local bank as well as from an online lender. The role of a guarantor in a bank loan is very similar to their role in an online guarantor loan, ...Read more

Q: Can I get guarantor loans from Personal Loans Now?

Yes, Personal Loans Now can get you same day loans with or without guarantors. Looking for guarantor loans with low APR? We will work with Monevo's panel of lenders to give you a p...Read more

Q: Do you offer bad credit car loans?

Yes, you have come to the right place! Apply today, and Personal Loans Now will try and get you the best offer available, although bad credit car loans do tend to be a little more ...Read more

Q: Where is your office based, and what are your opening times?

Our registered office is located at 2a Highfield Avenue London NW11 9ET and we are open from Monday to Friday, 9:00 am – 5:30 pm. Feel free to contact our professional customer s...Read more

Q: Can I get loans for bad credit with no guarantor and no fees?

Yes. We work with Monevo Ltd. lending platform to process your application for a bad credit loan with no guarantor and no fees and find you the most suitable lender. Each lender ha...Read more

Q: Do you offer best rate loans with poor credit?

Yes! We will do our best to find the most suitable lenders who offer personal loans for bad credit with the best interest rates available. If approved, it is better to only take ou...Read more

Q: Do you offer unsecured loans?

Personal Loans Now give you the choice of applying for an unsecured personal loans as well as secured ones, despite the fact that you may have bad credit. We have a wide range of u...Read more

Q: Do you offer unsecured business loans with poor credit?

We offer unsecured loans for poor credit that can be used to fund your business. It is common to need a loan when starting up a business, or to get an existing business through a t...Read more

Q: How much money can I borrow?

With Personal Loans Now, you can borrow from £1000 up to £250,000, depending on the type of loan, your credit profile, and your affordability. These loans can be repaid over vari...Read more

Q: Is Personal Loans Now a broker or a lender?

A great question! Personal Loans Now is an authorised credit broker operating in the UK. When you fill out our application, we work with Monevo Ltd. to bring you a personalised tab...Read more

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 a decision within three hours!

  • Guarantor loans
  • Unsecured loans
  • Same day payment
  • Get up to £250,000
  • Long term loans
  • Personal loans
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Personal Loans Now is a registered Trading Name of Western Circle Ltd
It is registered on the Financial Services Register under reference number 714479.