What are the advantages of applying online?

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Need a short term loans alternative online?


How much do you need?

£2,000
Apply now

£5,000
Apply now

£7,500
Apply now

£10,000
Apply now

£20,000
Apply now

£25,000
Apply now
*Direct lender and brokerage service*
*Representative 39.7% APR* (fixed)


Learn the advantages of applying online for a short term loan, from Personal Loans Now
How much do you need?

£2,000
Apply now

£5,000
Apply now

£7,500
Apply now

£10,000
Apply now

£20,000
Apply now

£25,000
Apply now
*Direct lender and brokerage service*
*Representative 39.7% APR* (fixed)




Is the Personal Loans Now process completely online?


Yes, you can apply to us for a short term loan online. We won’t make you come in to our offices, sign any paperwork or send in any documents. This enables us to speed up the process as much as possible.

As we’ll discuss further on down the page, one of the big advantages of applying for a short term loans alternative online is the huge variety of lenders available. Someone looking to borrow money can easily shop around to try and find the cheapest lender most suited to their situation and requirements. However, with Personal Loans Now, you don’t need to. Not only are we a leading short term loan lender in the UK, we also act as a broker. If we can’t lend the money to you ourselves, we will work with reliable and trustworthy lenders, to get the best short term loan that you need fast, free of charge.

You just fill out one application form, and within 90 seconds you’ll either receive an approval from us, or you’ll be presented with the best loan offer available to you from our handpicked lenders (if approved). No hassle, no fuss.


Apply with Personal Loans Now for a loan with an application process that is 100% online

Apply now for a short term loan
with an application process that is 100% online

Apply now for a short term loan with an application process that is 100% online

Apply with Personal Loans Now for a loan with an application process that is 100% online

Apply now for a short term loan with an application process that is 100% online

Apply with Personal Loans Now for a loan with an application process that is 100% online


Applying online for loans versus instore loans


Let’s take a quick look and compare short term loans both online and instore


What are online loans?

An online loan is simply a loan that is taken out when applying online, as opposed to requiring a face-to-face meeting. While there are some online lenders who will ask you to scan or fax in some documents, the majority will usually lend without requiring any paperwork or documents at all. These loans are particularly popular because of their flexibility – you can apply from anywhere you are, whenever you want.

What are instore loans?

Many lenders have shops where they offer loans in person. Someone looking to borrow money will come in, and fill out the application form. A short face-to-face interview is usually required, and the loan decision is often (but not always) given on the spot. If the applicant is approved, they may receive the funding in cash, as a cheque or directly to their bank account, depending on the policy of the lender.


From these two descriptions, it is clear that online loans require far less effort on the borrower’s behalf. Furthermore, because maintaining a store has fixed running costs, instore loans are often slightly more expensive in order to cover these expenses.

It is worth pointing out that many oppose applying online for a loan, claiming that because they are so easy to obtain, borrowers fail to think it through before applying. Taking out a loan is a serious process and there can be major long-term repercussions if the borrower fails to meet the repayments. Going to a store and having the loan terms explained in person often makes people consider carefully if the loan is indeed a good idea. With online loans, a person can think about borrowing and ten minutes later have the money in their account, ready for spending.


Comparing lenders to find the best short term loans online

One of the biggest advantages of loans online in the UK is the huge range of lenders available literally at your fingertips. Some people will just apply with the first lender they come across. This is a mistake! A short term loan may only be for a few months, but it is still vital to look around for the best deal.


How to compare online short term loans, by Personal Loans Now

To help you, we’ve listed several features that you should look out for when comparing lenders:


  • APR and actual cost – the Annual Percentage Rate is a standardised figure that all lenders are obligated to display. However, also look at the actual cost of your specific loan – how much will that lender charge you in fees and interest?

  • Decision and funding time – how fast will you get a loan decision? And if you’re approved, will you be funded the same day? Is there an extra charge for faster funding?

  • Early repayment policy – an unexpected windfall is great, but will it cost you to close your loan early? Is there a charge, or will you still have to pay the full amount of interest?

  • Customer service – look at online reviews of the lender to get a feel for how they treat their customers. Remember, almost every company will have some terrible one star complaints. But are there more than usual?

  • Security – don’t forget the basics! Is the site secure? Look for the padlock in the URL bar. If it isn’t there, leave the site immediately! Does the website have the FCA authorisation number, with a link to the FCA’s official website? Double check this before proceeding with the application.

  • Criteria – if you are unemployed, there is no point applying online to a lender who clearly state that you must be in full-time employment in order to be eligible for their loans. Check the criteria to ensure this lender’s loans are a good match for your situation.

Finding the best short term loan UK online is not just about finding the cheapest rate. Consider all of the above factors when selecting a lender in order to find the loan that is truly right for you.


Apply with Personal Loans Now for a loan with an application process that is 100% online

Apply now for a short term loan
with an application process that is 100% online

Apply now for a short term loan with an application process that is 100% online

Apply with Personal Loans Now for a loan with an application process that is 100% online

Apply now for a short term loan with an application process that is 100% online

Apply with Personal Loans Now for a loan with an application process that is 100% online


Short term loans online

Applying online for cheap short term loans makes the process fast and flexible. The entire application process at Personal Loans Now is online, and you can apply wherever you are, whenever you want.

We discussed how it is essential to compare lenders to select the best loan for your situation and requirements. If you apply with Personal Loans Now, that will all be taken care of for you. We will analyse the application form with our advanced technology, and if we can’t lend you the loan ourselves we will submit it to responsible lenders that are most suited to your needs. The best loan offer will be selected and presented to you. Get the best short term loan online, the easy way.

Apply now for a fast and flexible loan online, or learn more about our short term loan alternatives by clicking on one of the options below.




Written by: Fiona McCampbell
Last modified: