Warning: Late repayment can cause you serious money problems. For help, go to moneyhelper.org.uk
Whether it’s to fund major car repairs or replace a broken boiler, a £2,000 loan could help you cover the cost if your savings fall short.
Cashflex is a credit broker, working with a panel of lenders who offer short-term personal loans. We could assist you in your search for a £2,000 loan today.
Please note that each lender has their own eligibility criteria, but you may be able to apply for a £2,000 loan if you:
You can search for a £2,000 loan with Cashflex if you meet the above criteria.
Let Cashflex do the work, so you don’t have to.
Step one: tell us how long you’d like to borrow £2,000 for and fill out our straightforward online form.
Step two: using soft search technology, we’ll scan our panel of lenders for a loan that we feel could be a suitable match for you.
Step three: if we’ve matched you with a loan, you’ll be redirected to the lender’s website, where you can find out more and decide whether you’d like to make a full application. If you’re happy to go ahead, the lender will carry out some further checks, including a hard search.
Step four: once the lender’s checks have been completed and they’re satisfied with the outcome, you will be sent a loan agreement.
Step five: should you choose to sign and return the loan agreement, the lender will let you know when your money could be sent.
If your application for a loan has been approved by the lender, your money could be sent the same day, although each lender will have their own pay out timescale.
If your need for money is urgent, for example, you need to cover an unexpected bill that simply can’t wait, you might want to speak to your lender before you make a full application, so you can get a clear idea of when you could receive your funds.
You should also bear in mind that the time it takes for the money to become available in your account will depend on your bank’s policies and procedures.
With Cashflex, you can search for a £2,000 loan with repayment terms of either 6, 12, 18, 24, or 36 months.
You must make sure that the repayment term is suitable for your financial circumstances.
Remember, the longer the term, the less your monthly repayments will cost in comparison to a shorter term loan. However, you will pay more in interest across the overall course of the loan.
It might be possible for you to get a £2,000 loan, even if you have bad credit.
Some of the lenders on the Cashflex panel specialise in loans for people with poor credit history.
Before applying for a bad credit loan, you should be aware that you could be offered a higher interest rate. There’s also a possibility that you might not be approved to borrow £2,000 and may need to reconsider the amount of money you apply for.
Having no credit history, otherwise known as having a ‘thin’ credit file, could negatively impact your chances of being approved for a loan. With no evidence of how you’ve managed credit in the past, lenders may view your application as a risk. It’s understandable that this may feel disheartening; everyone has to start their credit journey somewhere.
Cashflex works with several lenders who are willing to consider applications from people with thin credit files, although these loans could come with higher rates of interest.
Cashflex’s free FastCheck tool could show you how likely you are to be approved for a loan, before you make a full application. This could be particularly useful if you’re worried that your credit score might hold you back.
Using FastCheck will not impact your credit score.*
*If we’re able to match you with a loan and you choose to make a full application directly with the lender, they will carry out a hard search or use Open Banking as part of their affordability checks. A hard search will remain on your credit file for up to 12 months, and multiple hard searches within a short period of time could have a negative effect on your credit score.
Open Banking is a secure way to share your banking transactions with an authorised third party, such as a lender. Using this method, the lender has an insight into your current financial circumstances and allows them to understand if any loan would be affordable for you.
Depending on the lender, you might be able to repay your £2,000 loan early, although it's worth bearing in mind that you could be charged an early repayment fee. You should be able to find this information in your terms and conditions, or on your chosen lender’s website.
*The time it takes for the money to appear in your account will depend on your bank’s policies and procedures.
If you’ve taken out a loan that you’re having trouble repaying, you should get in touch with your lender. Life can sometimes throw financial curveballs, and many of these are out of our control; your lender will appreciate this and will listen to your situation with empathy. They will be able to talk you through any options that could be available to help relieve some of the pressure.
Very few of us feel comfortable talking about money, especially when things aren’t going well. You don’t have to suffer in silence. Money worries are very common, and many of us will experience them in our lifetime – you have nothing to feel ashamed of.
You can access free financial advice through sites such as StepChange, MoneyHelper, Citizens Advice, and National Debtline.
Why choose us
Sometimes, the unexpected happens that means you need money fast. Here at Cashflex we offer a user friendly process to help you find same day loans in a responsible and affordable way.
The exact amount you can borrow depends on your personal circumstances and can differ by lender. You can apply for a loan between £100 and £10,000
This is dependent on the amount that you wish to borrow. The repayment terms can be: 3 months, 6 months and 12 months to name a few, ranging right up to 36 months.
Yes. If you are unsure you can use our FastCheck tool to find out your loan eligibility.
Yes.
Try our FastCheck tool with no impact to your credit score
Our tool allows you to calculate your chance of being accepted for a loan.