£200 Loans

If you need a small loan to tide you over, borrowing £200 from Ealing Trading could be the short-term solution you need. Don’t worry if you hate filling out forms or you don’t have a bank account: with our £200 doorstep loans, the money is delivered in cash, and you can talk everything through with an agent in the comfort of your own home.

Why borrow £200? £200 loan for broken down car

Everyone’s financial situation is different. Borrowers have all sorts of reasons for needing a small sum of cash like £200: some might need to pay an upfront deposit on university accommodation, while others might need to get the car through its MOT.  Whatever the circumstances, when offered credit it can be really tempting to take more than is strictly needed and splash out on a few little extras. Restricting borrowing to a limited sum like £200 is a helpful way to make sure that debt remains short-term and manageable.


When can short-term loans help?

At Ealing Trading we always encourage people to budget for a rainy day – after all, you never know what’s around the corner. But it’s not always possible to stash away enough in savings to meet an unexpected shortfall. In cases like this, a short-term loan can be a good stopgap. Borrowing a small amount (such as £200) for a short period of time can be enough to see you through – and because you’re not borrowing more than you absolutely need, you won’t get into unnecessary, expensive debt.

Manageable repayments

There’s a wide range of different types of credit available, and this can make loan repayments confusing. For example, with payday loans, you have to pay everything back after your next payday, while borrowing on a credit card can mean you never actually pay off the whole debt – just the minimum payment each month.

calculator and bills to work out £200 loan repayment

That’s why at Ealing Trading we like to keep things simple, and when you borrow from us, you’ll always know exactly where you are with the repayments. All our loans are short-term (so you won’t stay in debt for longer than you need to) and repayments are split into manageable amounts (so you don’t have to struggle to pay them off in one go). By putting aside just a few pounds each week, you should be able to manage the repayments. For example, if you take out one of our £200 loans, you will repay £20 a week for a total of 15 weeks.

How to apply for a £200 loan

Starting your loan application with Ealing Trading is really easy. Just enter your postcode in the box above and we’ll let you know if you live in our catchment area.

Alternatively, contact us for more information.