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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%

Guaranteed Loans

In an ideal world, everyone looking to apply for guaranteed loans online would find what they’re looking for. However, finding a guaranteed payday loan direct lender can actually be pretty tough, as no lender can truly guarantee your loan will be approved. Here at Fast Loan UK, rather than say we can provide you with guaranteed loan approval, we pride ourselves on offering an honest and transparent approach to short-term lending for our customers.

What we can guarantee is that you’ll be able to apply for quick credit up to £2000. As a responsible lender, we’ll work quickly to assess your loan application – most of our assessments are done on the same day. There are no hidden fees and, if approved, you’ll get your loan funds to your bank account within 15 minutes of signing your agreement. Sounds like the right fit for you? Click Apply Now and we’ll get to work right away.

What are Guaranteed Approved Loans?

You may have found online lenders offering guaranteed acceptance loans, where they promise to approve your application. However, this usually means you’ll be charged hidden fees and high interest. As a responsible and trusted lender, we follow FCA guidelines and make sure that you can afford what you’re borrowing – we don’t want simply entice you with promises of guaranteed loan approval.

At Fast Loans UK, whilst we cannot provide guaranteed loans for bad credit, we can help you with a quick way to receive a short term loan with the flexibility to repay weekly or monthly for up to 12 months. This is ideal for when you need money to cover an emergency or other short-term circumstance that you can’t cover with savings or other means. What makes us different to guaranteed loan direct lenders is that we are transparent with any fees and interest you are charged.

Using a trusted lender, who puts their customers first in terms of service and satisfaction, is always a better choice than choosing a lender who doesn’t. At Fast Loan UK, we put service at the heart of what we do, which is why we take a human approach to the lending process. We’ll assign you a Customer Care Manager who will personally assess your application. With this approach, we can help many more customers receive the cash they need. We even offer bad credit loans for anyone who might need them.

How Do Guaranteed Loans Work?

Guaranteed loans are pretty simple – just tell us how much you want to loan and for how long and we’ll make an instant decision in principle. This means you can find out right away if our guaranteed acceptance loans are right for you. We make our decisions based on affordability – not just by doing a credit check. Even if you have poor credit, we may still be able to help. When we assess if you’re a good candidate for guaranteed loans, we’ll take a look at your income to see if the repayments for our loans will be manageable for you. Though we will run a credit check, that is by no means the only way we determine if we’ll lend to you. Once you’ve got your loan guaranteed approval, you’ll receive the funds into your nominated bank account within 15 minutes of signing your agreement – it couldn’t be easier.

Are these Loans 100% Guaranteed?

Though our aim is to provide loans to all who need them, you’ll still need to meet basic requirements. Fortunately, these aren’t normally too difficult to achieve for most people – even those with bad credit. Our requirements all focus on affordability, meaning we look at your regular income and outgoings, rather than just making a decision based off your credit score. This is the case for all of our loans, including our no guarantor loans and our payday loans. Our key eligibility criteria means you need to be:

  • 18 years or over
  • Current UK Resident
  • Be in Full-time, Part-time or Self-Employment
  • Receive a Regular Income
  • Have a valid Bank Account and Debit Card

Who Can Apply for Guaranteed Loans?

Anyone can apply for guaranteed loan approval with Fast Loan UK. We find that people who are experiencing short term financial difficulties often benefit from our loans – as instant loan providers, we ensure that you get the cash you need, when you need it. Our approval process is also particularly beneficial for people with poor credit, who can find it much harder to access the money they need from traditional lenders. If you have limited credit history, our loans might also be the right choice.

The Pros & Cons of Guaranteed Loan Approval

So, now we understand what guaranteed loans are, what are the pros and cons of taking one out? This is crucial to understand before you take out a loan. The biggest pros include:

  • Accessibility: Most borrowers can get guaranteed loan approval for one of our loans. Our application process is completely digital, making it quick and painless to apply.
  • Flexibility: You have total control over when and what you borrow. We do have limits on the amount and length of time you can borrow, but you can choose everything else.
  • Faster Approval: Get approved fast with our same day loans. No more waiting and wondering when you’ll get the good news!

Everything has its downsides – you need to be aware of these so you can make the best choice of guaranteed loans with no credit check. The downsides here come in the form of higher interest rates (when compared to traditional lenders), the possibility of overborrowing, and restrictions on loan amounts. You should carefully weigh up the pros and cons before deciding if guaranteed loans UK are right for you.

If you need help deciding what your next steps should be, Fast Loan UK are here to help. Contact us today to find out more about our loan options and get your application started!

Frequently Asked Questions

I’ve been declined by a guaranteed payday loan direct lender, can you still help?

Whether you have been declined recently by another lender or not, you can still apply through us. What makes us different to others you may have used before is that we base our lending decisions around your ability to pay – not just your credit score. If you can prove you have a secure weekly or monthly income and can afford the repayments guaranteed loan approval is still possible. Though we strive to help all customers who come to us for loans, we cannot guarantee approval. That said, we find that we’re able to work out loan choices for most customers that come to us for help.

How does payment work for guaranteed payday loans?

Once your loan has been approved, we will arrange a continuous payment authority (CPA) with your bank so that we can take payments automatically. All you’ll need to do is make sure there’s enough money in your bank account for this to go through on time each month. To make this easier, we will send you a reminder at least 3 days before your payments are due. Alternatively, you can contact us to make payment via a bank transfer.

Representative Example: You borrow: £500 over 16 weeks. 4 repayments of £183.59. Total amount payable £734.36. Interest rate: 151.4% pa (fixed). Representative 766.18.% APR.

How Much Can I Borrow with Guaranteed Loans for Bad Credit?

If you are using Fast Loan UK for the first time, the most you can borrow is £800. For returning customers, you can apply for up to a maximum of £2000. This is because we need to ensure you are a trusted customer. As long as you pay this back in full following the repayment schedule, you can apply again. Please note that we do not encourage customers to apply for more than they need to borrow. Make sure to think carefully about what you need to borrow – it’s best to take out the minimum whenever you borrow money.

Are guaranteed loans only for individuals with poor credit?

Not at all! We have customers from all backgrounds who enjoy our loans. Some people prefer the flexibility to take out loans and have access to their money on the same day. It can be incredibly useful for people who need money fast. For instance, if you have an unexpectedly high bill or repair and need cash ASAP. No matter your credit background, there are plenty of reasons to take out a guaranteed loan.

What happens if I default on a guaranteed loan?

If you think you might struggle to make payments on your loan, you should get in touch with your Customer Care Manager as soon as possible. They will be able to work with you to help you work out the best way to pay off your loan, without causing any

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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!