The cost of borrowing £300 over 6 months:
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Warning: Late repayment can cause serious money problems. For help, go to moneyhelper.org.uk
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%
When you’re faced with unexpected bills, it can be a stressful time. That’s why we’ve made our online loans process as straightforward as possible. You can apply for money to cover anything from car repairs to vet bills and potentially be approved for a loan in less than an hour. We offer various loan types and a flexible repayment system that’s designed to help our customers. So, what are you waiting for? Apply for easy loans now and enjoy a fast and simple process with our online application form.
Unlike traditional bank loans, which can take weeks to be approved and require lots of paperwork, our loans online are quick and straightforward. Here at Fast Loans UK, we have a quick and easy application process for online loans. You can select how much you want to borrow and for how long using our simple application form.
You can borrow from £50 to £2000 from us over a period of 1 to 12 months. We offer all types of loans, including emergency loans, same day loans and payday loans.
Our short term loans can be used to cover urgent expenses such as car repairs, vet bills, boiler repair and more. Thanks to the fast process, an online loan can help you cover emergency expenses that have caught you off guard.
We are a direct lender and have high approval rates for the applications submitted to us. There are no hidden costs, and we offer fast payouts, so you can get the help when you need it most. We are authorised and regulated by the Financial Conduct Authority and entered on the Financial Services Register.
When you submit an application for an online loan from us, we’ll conduct a soft credit check. This helps us assess whether we think an online loan is suitable for you and your financial circumstances. We’ll then do a hard credit check once your application has been pre-approved. Although a soft credit check doesn’t appear on your credit history, a hard credit check will, and it could affect your credit score. You shouldn’t apply for too many loans in a short space of time because this could cause your credit score to go down.
It couldn’t be easier to apply for an online loan. You can fill out an online form and state how much you want to borrow for how long and the number of repayment instalments you’d like to make. You could apply for £50 or £500 loans using the same simple process.
We will automatically review your application and aim to give you our decision within a few minutes. Depending on your information, you may be asked to provide a bit more information on your personal and financial circumstances to help us properly process your application.
Once we have conducted all our checks, we will send you a loan agreement that you will be asked to read and digitally sign. Within 15 minutes of signing the agreement, the money will be transferred into your account. The scheduled repayments will be deducted from your bank account on the agreed repayment dates.
We offer a flexible lending process. While you will have pre-arranged repayment dates, you can request a different repayment date here and there. Just contact us or your Customer Care manager for more information.
You need to check that you meet our criteria before you apply for an online loan. We require all applicants to be at least 18 years old and be a UK resident. You must also be in full or part-time employment and get paid regularly. We’ll also ask you to provide your bank and debit card details when you apply for loans online.
The application process typically takes around 5 minutes. If you meet our criteria, someone from our Customer Care team will contact you within 10 minutes of your application submission to take you through to the next stage of the process. This includes affordability and credit checks. If your application is successful, you could have the money in your account within 20 minutes of your initial application.
When you agree to an online loan from us, we’ll schedule the dates that your loan repayments are due. You’ll get a reminder from us at least 3 days before we take the payment. You can also pay us directly via a bank transfer.
If you think you might miss a payment, you need to get in touch with your Customer Care manager as soon as possible. You could face additional charges if you miss your scheduled repayment, and your credit score might be affected.
Yes! Just contact your Customer Care manager and they’d be happy to explain the process to you. You’ll be charged interest for the days you borrowed, plus a £20 early settlement fee. The early settlement fee is subject to this not taking you over 0.8% daily interest charge.
As long as you make the repayments in full and on time. This could potentially help improve your credit score. However, if you miss repayments or pay them late, it could affect your credit score and history. This might make it more difficult to apply for loans in the future.
The cost of borrowing £300 over 6 months: