Do you want to own your car now?
Do you need more money upfront and pay it back in relaxed instalments?
With long-term loans from CashLoans2go, you can pay less each month or borrow a huge amount.
We help you with the best loan term by granting you the complete freedom to personalise it by choosing the money to borrow and the term.
A longer repayment schedule on long-term personal loans can raise the overall interest and costs.
Hence, we never urge you. Instead, we help you adopt the best per your circumstances and potential.
And how do we do so?
By helping you choose the best:
- Loan amount as per interest rate
- Repayments as per your income/collateral provided
- Granting exposure to affordable payment options
Connect early to know how we can help you crack your aspirations with easy and quick long-term loans.
Get long-term loans at flexible terms for 7 years
Are you looking for a long-term loan? We provide secured long-term loans from £5000-£50000 for your personal and business requirements for 12-84 months (7 years). Get one even if you have credit issues. We count your personal and financial circumstances while assessing the loan affordability than your credit score. You can pay the loan before 60 days of loan closure without a prepayment penalty. Get funds within 24 hours.
Long-term loans are loans that you can pay off over a longer term- like up to 7 years. These loans are generally secured loans. The asset security helps the borrower qualify for lower interest rates and save repayment costs. The interest rates on these loans are fixed. By paying the complete amount by the term’s end, you can get your asset back. Examples of such loans include- mortgage loans, home equity loans, home improvement loans, etc.
However, if you do not have the asset to pledge but want a long-term loan, you can opt for unsecured long-term loans. With a stable credit profile and income support, you may get these loans. Some examples include- student loans, payday loans, credit builder loans, etc. The interest rates on unsecured long-term loans are more competitive than secured loans.
Long-term loans grant borrowers the flexibility to meet requirements by spreading payments. Choose the loan term within which you can comfortably pay the amount and interest. The longer the repayment term, the higher the interest rates are.
How long-term loans are flexible than short-term loans?
Besides paying over shorter and longer periods, different parameters like costs, convenience, and interest rates differentiate between long and short-term loans. Well, in some situations, long-term loans can be the best answer.
Here is how these differ:
|These loans have a longer repayment schedule (84 months)
|These are essentially collateral-free and small loans with a repayment schedule of 12 months
|Grants one more flexibility in spreading loan amount up to longer-term alongside meeting priorities
|Here, one must repay the amount within the time limit. Non-repayment leads to default if one cannot arrange money by the due date
|One can use it for futuristic business or personal dreams
|These are generally ideal for emergencies
|Examples of long-term loans include- mortgage loans, home renovation, student loans, equipment finance
|Examples of short-term loans are- payday loans, doorstep loans, quick loans
|The interest rates are more competitive than short-term
|Affordable interest rates than long-term loans
|Requires stellar credit and income profile to qualify for an amount up to £50000
|One may get these at bad credit score and income. You can only get up to £5000
While choosing between the two, one must highlight the repayments. If you feel the payments are high on a short-term loan, you can skip to a long-term loan.
How do different long-term loans help in varied situations?
Everyone has dreams and life goals requiring large capital to get the right push. With us, you can choose and get long-term loans with low monthly payments and immense freedom.
If you are wondering how to get the maximum of your needs sorted, read below the types of long-term loans that fit your life's bucket list.
These are collateralised loans for individuals seeking handsome funds they otherwise cannot qualify for. The reason could be bad credit. Apart from fetching your affordable terms, these are also low-interest long-term loans
The higher you borrow, the less the interest will be. We ensure protective terms that help avoid losing your pricy asset. Use it to achieve your dream of owning a car or house or borrow against house equity.
These loans may help if you are a self-employed businessman or a start-up. You can finance:
- Any business trips
- Purchase equipment
- Invest in revenue-critical software
- Ensuring the best workspace environment
Moreover, if you are a start-up seeking immediate finance, you can switch to long-term start-up business loans to fetch up to £100000 and relatable terms. These are both secured and unsecured. With a business plan supported by a strong reputation and operation history, you may qualify for these instantly.
These loans are ideal for those individuals who need money within 15 minutes without engaging in credit score constraints. An emergency loan can bridge expenses until pay-date/salary day.
You can qualify for these long-term loans with no credit check facility by flaunting an income proof and stable credit profile. No credit check implies- no credit footprint or soft credit check.
Spread payments up to 12 months if your business or job permits small repayments.
Home Improvement Loans
If you have any particular renovations or remodelling pending, like:
- Room extension
- Merging rooms
- Transforming kitchen space
You may speed up the process with these home-improvement loans. These can be both secured and unsecured as per your needs. You can use loans to transform your new living space by mortgaging it.
Are there other long-term unsecured loans on bad credit?
Mainstream lenders often stretch the process while providing unsecured loans on less-than-ideal profiles. If you are exploring long-term loans for bad credit situations from affordable direct lenders only, you have landed right.
Here are some loans to qualify for fast long-term loans on collateral-free terms that you can use for different purposes and intents:
Guarantor and no guarantor loans
Long-term Guarantor loans: These mandate a person to guarantee your loan on bad credit.
Non-guarantor loans: Ideal for students and individuals seeking steady independent finance without any guarantor involvement.
Both of these loans are long-term. You can get up to £10000 (non-guarantor) and more in guarantor loans (£25000). Yes, you may get long-term loans for bad credit with no guarantor and no fee with us.
Debt consolidation loans
If you want to reduce your liabilities, you can do so with long-term debt consolidation loans. It eases up by merging all your payments into a single cheque. If facing bad credit, consider paying some loans or removing delinquencies to get better terms.
Loans with poor credit
You may contact us for quick long-term loans even if your profile reveals poor credit history. We could help you with smooth £7000 for emergencies.
Whether you desire a secured or unsecured loan, we ensure you get it within one business day. Here, you can grab long-term loans with same-day payout and hassle-free.
Loans for the unemployed
Unemployed individuals- like self-employed people, students, and tenants can check these loans.
If you have some important tasks like:
- Repairing the leaking ceiling
- Bridge funds for marriage
- Funding an international course trip
- Rental payments
We provide long-term loans for poor credit individuals with low income and credit scores. The long-term here is generally to spread the payments to avoid additional burden on finances and lifestyle.