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The cost of borrowing £300 over 6 months:

#1
Fast Loan UK £507.48
#2
Mr Lender £544.00
#3
Cashasap £556.23
#4
Lending Stream £579.00
#5
Money Platform £586.26
#6
Savvy £595.00
#7
QuidMarket £596.46
#8
Cash4unow £599.82
#9
Fernovo £595.92
#10
Ticket Loan £595.92
#11
Loan Pig £595.92
#12
Moneybag £600.00

Proud to offer the cheapest instant short term loans in the UK

Compare our loans to other lenders here

Warning: Late repayment can cause serious money problems. For help, go to moneyhelper.org.uk

Representative example:

Borrow: £300 over 8 months. 8 repayments of £70.31. Total amount payable £562.44. Interest rate: 130.21% pa (fixed). Representative APR: 840.75%

Borrow Money Online

No matter how careful you try to be with money, there may be times you are hit with unexpected bills or financial emergencies. In those situations, you may need to borrow money quickly. Take a look at our guide to find out how much you could borrow and what to consider before you apply for a loan.

Why do people need to borrow money online?

People need to borrow money online for a variety of reasons, and the convenience and accessibility of online lending makes it an appealing option. You may be hit with unexpected bills such as car repairs or urgent home maintenance that requires immediate financial attention. Or you may find your household bills have gradually risen and you’re struggling to repay them each month. Whatever your reason for wanting to borrow money online, it’s easy to apply for a quick loan with Fast Loan UK. As a direct lender, we can provide you with swift access to money following an easy online application process. We have a high approval rate and pay out money fast.

How much can I borrow?

If this is your first time borrowing money from Fast Loan UK, you could borrow up to £800. Once your loan is fully repaid, you will be eligible to borrow more money from us with your next loan. As a repeat customer, you could borrow up to £2,000 from us. You can also borrow as little as £50 with Fast Loan UK. Always ensure you borrow what you can comfortably repay. Use our handy quote tool to find out how much you can borrow and the various repayment schedules available. You could get approved for same day loans and have the money in your bank before you know it.

What options do I have if I need to borrow money in the UK?

There are various types of loans offered at Fast Loan UK. This includes the following:

• Payday loans – short-term loans that offer quick money and are paid back over several weeks or months
• Instalment loans – repay in instalments over weeks or months (up to 12 months)
• Small loans – borrow as little as £50 to a few hundred pounds
• Loans for bad credit – get approved for a loan even if you have a bad credit score

What repayment options do I have when I borrow money from Fast Loan UK?

Here at Fast Loan UK, we offer a flexible approach to help you borrow money online. From short term loans that are repaid over a few weeks to longer loan repayments that last up to 12 months, we have various repayment options to suit you. As a fast direct loan lender, we can help you spread your loan repayments into smaller, more manageable payments. We’re here to help you borrow money online and find the repayment schedule that works for you.

Do Fast Loan UK do a credit check when I borrow money online?

If you have a bad credit score, there’s no need to panic. Here at Fast Loan UK, we let customers borrow money even if they have a poor credit history. We can help you borrow money in the UK even if you’ve been declined a loan elsewhere. All applicants are subject to a full affordability assessment. This will take into account your current income and outgoings. This assessment helps us determine whether you can afford to borrow money from us and which repayment schedule may suit you best. So, whether you’re after payday loans or loans with bad credit, we can help you find the best way to borrow money in the UK.

What should I do if I can’t repay my borrowed money?

Changing circumstances may mean that you struggle to keep to your repayment schedule. If you think you may struggle to make your next repayment, contact us as soon as possible. Your Customer Care Manager may be able to offer help such as freezing interest and offering affordable repayment plans. However, this should be a last resort. You may incur extra default and recovery costs if you cannot keep to your repayment schedule.

Borrowing Money FAQs

What is the difference between secured and unsecured loans?

At Fast Loan UK, we offer our customers unsecured loans. This means we don’t ask for collateral (such as a house or car). Secured loans require collateral which the lender can seize if the loan isn’t repaid. Unsecured loans tend to have higher interest rates than secured loans.

What factors affect my loan eligibility?

We will conduct an affordability assessment to see whether you can afford to borrow money from us. While we do loan money to customers with bad credit scores, a good credit score vastly improves your chances of getting a loan approved. Proof of stable employment and low outgoings also improve your loan eligibility.

How do I improve my chances of getting approved for a loan?

Try to improve your credit score as much as possible. This can be done by limiting how many loans and credit cards you apply for. You should also ensure you meet all repayments on existing loans to show that you are a trustworthy borrower.

Can I pay off a loan early?

Yes, you can. Please contact our team if you’d like to pay your loan back early. Our friendly team can give you an early settlement quote that includes a £10 early settlement fee. You will only be charged interest for the days you’ve borrowed, as long this doesn’t take you over the 0.8% daily interest charge. If you settle early, you could save money.

Where can I get financial advice?

You should only borrow money if you think you are capable of repaying it. If you would like financial help or advice, you can contact the following free and independent debt counselling organisations:

Citizens Advice
www.citizensadvice.org.uk
Tel: 0800 144 8848

National Debtline
www.nationaldebtline.org
Tel: 0808 808 4000

Money Helper
www.moneyhelper.org.uk/en
Tel: 0800 138 7777

StepChange
www.stepchange.org
Tel: 0800 138 1111

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Warning: Late repayment can cause you serious money problems. For help, go to moneyhelper.org.uk
Don’t Go Just Yet!
Proud to offer the cheapest instant short term loans in the UK

The cost of borrowing £300 over 6 months:

#1
Fast Loan UK £507.48
#2
Mr Lender £544.00
#3
Cashasap £556.23
#4
Lending Stream £579.00
#5
Money Platform £586.26
#6
Savvy £595.00
#7
QuidMarket £596.46
#8
Cash4unow £599.82
#9
Fernovo £595.92
#10
Ticket Loan £595.92
#11
Loan Pig £595.92
#12
Moneybag £600.00
Apply Now!