At Fast Loan UK, we offer our customers a flexible repayment term to suit their needs. When you need emergency loans to cover an unexpected expense, we understand that repaying the full amount in one go on your next payday would only push your short-term cashflow issues into the next month, which is why we offer 4 month payday loans, amongst a wide range of repayment options. As a transparent and responsible lender, we work with our applicants to arrange 4 month loans that work with your budget – and offer unrivalled customer support during your entire experience with us. When you take out a loan for 4 months with us, you’ll have the support of your own personal Customer Care manager, who you can call with any questions or concerns. Another benefit is that we don’t charge any fees or hide any charges – what you see is what you’ll pay!
For more information about our 4 month payday loans, contact Fast Loan UK to speak to a member of our team. Once you’re ready, applying for a 4 month loan online is just clicks away.
About Our 4 Month Loans
Before taking on any form of credit, it’s important to understand exactly what you’re signing up for. Here at Fast Loan UK, we are a direct lender, offering unsecured loans on a flexible repayment term of between 7 days and 8 months.
Direct lender: taking out a 4 month payday loan with a direct lender is often much cheaper than going through a broker. Without broker fees – or any fees at all – to pay on your 4 month loan, this helps to keep the costs as low as possible. It also means we make our own lending decisions, and are able to help more customers in this way.
Unsecured loans: we don’t require you to put up any collateral or find a guarantor to take out a loan for 4 months with us. This means you can get the money you need more quickly, as the process isn’t slowed down by valuing property or running extra checks. If approved, we transfer your full loan amount into your bank account on the same day, so your 4 month loan can get started without delay.
Loan amounts: At Fast Loan UK, we offer loans starting from as little a £50 loan right up to a £2,000 loan. We make it easy to apply for the exact amount you need, in increments of £10 up to £600, and £50 increments after this. With short-term credit like a 4 month payday loan, it’s important to only borrow what you need. This will help keep each repayment as low as possible.
Flexible repayments: Your 4 month payday loan can be split over 4 monthly instalments, or you can break it down into weekly instalments if that better suits your pay schedule. We recommend coinciding your 4 month loan repayments with your regular pay dates – this way, you’ll know there will be enough in your account to cover it each time.
We Offer 4 Month Loans for Bad Credit
Taking out short-term credit with a low credit rating can be difficult. Many lenders are not willing to take on the perceived risks of lending to a person who has a low credit score, or will charge significantly higher interest rates on 4 month payday loans without looking into the applicant’s financial situation in depth.
Here at Fast Loan UK, we use a special decision-making process that allows us to offer our 4 month loans more fairly. When you we'll look at the amount you’ve requested in a loan for 4 months and work out what each instalment would be. We then check over the last few months’ worth of your bank statements to see what your regular income and outgoing payments (such as direct debits, other credit agreements such as your phone bill and so on) and determine if you can comfortably cover the repayments on your chosen 4 month payday loan. If we can see that you’ll be able to manage the repayments, and you meet our other straightforward criteria, we’ll be happy to trust you.
If you are not able to comfortably manage the repayments on the amount you need, you might like to consider increasing the loan term – perhaps a 6 month loan would fit into your budget better. While breaking your loan into more monthly instalments can make each payment smaller, it could increase the overall cost of your loan as interest builds up over time.
As a responsible, FCA authorised lender offering 4 month loans in the UK, we have the best interests of our customers at heart. While we want to help as many people as possible access our 4 month payday loans, we will not be able to approve your application if we think that it could lead to further financial difficulties.
Are You Eligible for 4 Month Payday Loans?
To be eligible for one of our 4 month payday loans, the same as with all repayment terms, you must meet our straightforward eligibility criteria. You’re welcome to apply for a 4 month loan with Fast Loan UK if you:
• Are at least 18 years of age
• Are a resident of the UK
• Have a bank account and valid debit card
• Receive a regular income from employment
The employment can be from full or part-time work, as well as self-employment. We will not contact your employer and all personal and financial information you provide us with is used only for the purpose of processing your loan application. We will never pass your details onto anyone else without your knowledge.
How to Apply for a Loan for 4 Months
Applying with us to get a loan for 4 months could not be easier. You can complete the quick and easy application form from your mobile phone, tablet or computer, from anywhere you have access to the internet! The best part is that the entire form only takes a few minutes to fill out – so you can afford to spend longer deciding if our 4 month loans are right for you.
When you come to fill out the form, there will be three main areas you’ll need to decide. This is how much you want to borrow, how long you’d like to borrow it for, and how often you’d like to make repayments.
Loan amount: We offer loans up to £2,000, so you’re covered for every eventuality. However, with short-term credit it’s a good idea to only borrow what you need, which is why we offer loans as little as £50 and offer loan amount increments that make it easy to get as close to the exact bill you’re facing as possible. This will help keep the cost of your 4 month payday loan low and manageable.
Loan term: if you’re set on a 4 month loan term, simply move the slider to the four month mark. However, you can experiment by moving it to the left and right to see how that affects your instalment amount and total loan cost. If another option suits you better than taking your loan for 4 months, go with that.
Repayment schedule: would you like to repay your 4 month loan in weekly or monthly instalments? This will depend on whether you are paid on a weekly or monthly basis – hence them being called 4 month payday loans. You can choose which day of the month or even what day of the week you’d like the repayments to leave your bank account.
We use a Continuous Payment Authority to collect repayments from the same bank account that we pay your 4 month loan into. On the day or date you’ve chosen, we’ll collect the pre-agreed amount from your account – you don’t have to do anything which means you can’t default on the loan simply because you’ve forgotten to make a repayment!
If anything happens and you’re concerned that you won’t be able to cover an instalment, call your personal Customer Care manager and we’ll do our best to arrange an alternative payment without any negative impact on your credit score. We never want you to default on a loan, and we’ll do our best to help you avoid it.
Apply for a 4 Month Loan Today
If you have any questions before you take out a loan for bad credit or any 4 month loans with Fast Loan UK, simply get in touch with us and we’ll be happy to help. Once you’re ready, you can apply for a 4 month payday loan online today.