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Finding the best loans online

Find out the best loans online to suit your needs. Save money now, compare loans online and apply for the right one for you.

Finding the best loans online

Read on for our guide to online loans and how learn more about you can benefit from borrowing online.

Compare loans

Compare all sorts of loans from personal loans to debt consolidation loans.

The benefits of applying for loans online

Lenders who do not have branches and only offer loans online often promise lower interest rates than high street banks and building societies. This is because they have fewer overheads and can pass their savings directly to their customers.

Some high street banks also offer online loans, which work in the same way. Paying your monthly repayments by Direct Debit will often accompany a lower interest rate.

You can also find a wide range from quick payment online loans only to online loans for bad credit as well as instant decision loans.

Find the best loans online that suit your needs

Online loans enable you to check your current balance online. Updating or changing details is also often far easier as you do not have to go into your local branch, you simply have to go online, log in and enter your new details.

Online personal loans are fairly easy to come by – new online banks are entering the market all the time. This competition means that you can find some extremely cheap loans online if you know where to look.

On top of that, our directory of lenders gives you all the information you need about the online loan companies you're considering and what they offer.

Compare loans online and save money

Once you've had a look at what's around, you'll need to compare the online loans available to discover which one is best for you. Rates can really vary, so it's worth shopping around to make sure you're making the right choice.

Find an online loan with our calculator

We offer a loans comparison service that will help you find a suitable online loan for you. All you need to do is enter a few details about the type of loan you need, and it will sort through them all to find the one that would be most suitable for you.

Once you've made your choice, you just apply for your loan online.

Compare online loans

Compare all sorts of loans from personal loans to debt consolidation loans.

I need a few hundred pounds. Should I get a payday loan or take out a cash advance with my credit card?

Authorised overdrafts are probably the cheapest way to ensure you have access to an emergency fund and are easy to set up. You should approach your main bank provider to whom your salary is paid and request an overdraft facility. They will run a credit check to authorise this. Credit unions are another good alternative. These financial co-operatives are member-run and offer better rates for small loans under £4,000. Payday loan providers charge very high rates of interest and are not advisable. Withdrawing money on a credit card is expensive, with 2-3% fees just for withdrawals, although as a last resort they are still a better option.

Would a personal loan be the best option for me to buy a new car?

There are a number of ways to pay for a new car, including a personal loan, overdraft or using your savings that you have built up in advance. There is also the option to use car finance, which may be offered to you in the showroom.

Whatever option you choose, it is very important to be clear about the interest rates and fees you will need to pay, including any arrangement fees and penalties for paying off the loan early or missing payments. Ask for more information if you are not sure exactly how much you will be paying each month, and overall.

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