facebook
Login Apply

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%

Online Loans

Online loans have become a popular option for individuals seeking quick and convenient access to funds. Whether you are looking to cover unexpected expenses, consolidate other debts, or finance a big or expensive purchase, online loans offer a streamlined application process that can be completed from the comfort of your own home.

With access to a variety of lenders and loan options, securing the right loan online in the UK for your needs has never been easier. Find out more below, and if you want to apply as a new customer, choose up to £600 and click apply now, with repayments available up to 8 months.

What is an Online Loan?

An online personal loan is a type of loan that can be applied for and managed entirely online, offering a fast and convenient way to borrow money without the need to visit a bank or lender in person. With just a few clicks, you can complete an application, receive approval, and have the funds deposited directly into your bank account near enough instantly.

Online loans come in various forms, such as quick personal loans, payday loans, short-term loans, small loans, and more, and are available here at Fast Loan. Online loans are a popular choice for those seeking quick access to funds or a streamlined borrowing process. To discuss the most suitable loan for your requirements, feel free to get in contact with our experts at Fast Loans UK who are on hand to assist you when searching for an online loan.

How Much Can I Borrow?

When applying for a loan online, the amount you can borrow typically depends on your individual needs and financial situation. For first-time applicants, you can borrow as little as a £50 loan and up to £800. If you are a repeat applicant with a good repayment history, you could be eligible to borrow up to £2,000.

Repayment terms are usually flexible, allowing you to choose a schedule that works for you, with rates depending on the loan amount and the length of the repayment period. It's always important to review the interest rates and terms carefully before applying to ensure you can comfortably meet the repayment requirements.

How Long Does it Take to Get an Online Personal Loan?

Getting an online personal loan with Fast Loan UK is a quick and straightforward process. Once you complete the easy online application, you’ll typically receive a decision within minutes. If approved, the funds can be deposited into your bank account as soon as the same day, depending on the time of approval and your bank's processing times. However, if you are applying for a loan online over a bank holiday or in the evening, you can expect to receive a response the next business day.

At Fast Loan UK we strive to offer as seamless an experience as possible, this often means we can offer online instant loans. By doing this, we can ensure you do not have to wait long to access the funds you need; after all, time is often of the essence when money is involved.

How Can Fast Loan UK Help Me?

At Fast Loan UK we’re always happy to help when you need quick access to funds through an online loan. Whether you're facing an unexpected expense or need extra cash to cover an urgent situation, we offer a simple and fast solution.

With an easy-to-use online application, you can apply from the comfort of your home and receive a quick decision. If approved, you could have the money in your account as soon as the same day.

Not only that, but we have made it our mission to provide transparent terms and flexible loan options to all of our approved applicants, to ensure you can find the right loan to suit your financial needs. Plus, our dedicated support team is available to guide you through the process, making it as stress-free as possible.

Online Loan FAQs

Who is eligible for an online loan?

To be eligible for a loan with us, applicants must:

  • Be aged 18 years or over
  • Be a current UK resident
  • Be in Full-Time, Part-Time or Self-employment
  • Receive a regular income
  • Have a valid bank account and debit card

Meeting these requirements does not guarantee approval for our online loans, with each customer subject to credit and affordability checks first. Through our affordability assessments, we will need evidence that the loan will be affordable and sustainable for you. If we cannot determine whether the loan will be affordable, we will have to decline your application.

How do I repay an online loan?

You can repay your online loan through automatic bank transfers that will be set up by your lender. They will outline your repayment schedule, which could be weekly, bi-weekly, or monthly, depending on the loan terms.

Can I get an online loan if I’m self-employed?

Yes, we offer loans to self-employed individuals. However, you may need to provide us with some additional documentation, such as tax returns, bank statements, or other proof of income, so that we can accurately verify your earnings.

What happens if I can’t repay my loan?

If you’re unable to repay your loan on time, you may incur late fees and further interest. It’s important to contact your lender as soon as possible to discuss alternative payment arrangements or restructuring the loan to a more affordable rate in order to avoid damaging your credit score.

Can I repay my loan early?

Many online loans allow for early repayment without penalties or loan settling charges, but this depends on the lender. Check your loan agreement for any prepayment clauses before paying off your loan early.

Can I use an online loan for any purpose?

Yes, our online loans are personal loans, which can be used for a wide range of purposes, including debt consolidation, home improvements, medical expenses, or unexpected bills. However, some loans are specifically tied to a purpose, like car finance loans or business loans, so if you are looking for a loan for either of these reasons, then you may need to look for a dedicated loan.

We use cookies to enhance your online experience. By using this website, you agree to our use of cookies. learn more
OK
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!