Am I eligible to apply through borrowmoneytoday.co.uk?

To apply for a loan via borrowmoneytoday.co.uk you need to:

• Be employed with regular income
• Be at least 21 years old at time of application
• Be a UK resident; and
• Have a UK bank account

How much can I borrow?

You can apply for £250 – £2,000 loans via borrowmoneytoday.co.uk, subject to eligibility and affordability.

How can I apply through borrowmoneytoday.co.uk?

Simply click apply now, select the amount you want to borrow and you’ll be taken to our online application form. You will receive an instant decision and, if approved, you will receive your funds the same day*.

Do you do credit checks?

At Borrow Money Today you can see if you’re likely to qualify for a loan using our eligibility checker which does not impact your credit score. If pre-approved and you complete our full application then we undertake credit checks as a responsible lender to ensure the loan is affordable. Although we do lend to those with poor credit history we only lend to those that can afford the repayments.

What is an eligibility checker?

Our no obligation eligibility checker will let you know instantly if you’re pre-approved for a loan without affecting your credit score. Successful applicants will then be invited to complete their application.

Will you charge any fees?

We do not charge any set up fees when you take a personal loan with us and there is always the opportunity to repay your loan early.

As a lender, we pay commissions to credit brokers or other intermediaries who introduce customers to us. The commission we pay varies depending on the broker, the product offered, and the terms agreed with the broker. This payment is made by us and does not affect the interest rate, terms, or total cost of your loan.

What are the repayment options?

Flexible options of weekly, fortnightly or monthly repayment terms.

How do I make payments?

There are several ways to make payments:

• Over the phone by calling us on 0330 400 0402
• Set up the Continuous Payment Authority (CPA)
• Direct bank transfer (BACS)

Can I pay off my loan early?

Yes! You can pay off part or all of your loan at any time and there are no early repayment penalties.