So you need to obtain a £5000 loan. Perhaps you want to consolidate high-interest credit cards into one easy installment payment, or you have an unexpected expense without the funds to pay for it. Whatever your reason, you want to be sure you get the best rate that you can get. Even one or two percentage points can make a big difference in price over the life of your loan.
NowLoan has made it easy for you to compare multiple offers for your £5000 loan and get the best quote from our panel of several lenders. We use special software that compares your details with muleiplte lenders to come up with the best matches for you to choose from.
Get Loan NowRepresentative Example: If you borrow £2,600.00 over 36 months at a Representative rate of 49.7% APR (variable) and an annual interest rate of 41.00% (variable), you would pay 36 monthly instalments of £126.61. The total charge for credit will be £1,957.89 and the total amount payable will be £4,557.89.
Reasons to use NowLoan
It’s free. It’s completely free to sign up, search for lenders and obtain your loan.
Getting a quote won’t affect your credit score. We use a soft pull on your credit. Many lenders will use what is called a hard pull. A hard pull will negatively affect your credit score, but a soft pull does not affect it. When you formally apply for the loan, the lender will then likely perform a hard credit check.
It’s fast. We don’t waste time. When you submit your application, we send your information to matching lenders and get quotes right away. From there, you can go straight to the lender of your choice’s website and begin the loan process.
No phone calls. We do all our work online, you won’t need to make any phone calls or talk to anyone.
How soon will my £5000 loan be funded?
This varies with each lender. We will submit your information right away and it only takes a few minutes to eliminate any lenders that you won’t qualify for. Some lenders will submit your money to your bank account within 15 minutes, others may take longer.
What fees does NowLoan collect?
None! We have no additional costs and no hidden fees. We allow you to compare rates among lenders that will accept your application, and we won’t charge you for it.
My credit score is low. Can I still get a loan?
Yes! Our special software will compare your details with all of our lenders. We work with many lenders that are willing to fund loans for people with a history of bad credit. Fill out our form and you can see your offers without affecting your credit.
It’s free to check your rate offers, it won’t affect your credit score, and you’re under no obligation. It only takes a few minutes to complete our form, and receive your £5000 loan rate quote. Give us a try today.