Warning: Late repayment can cause you serious money problems. For help, go to moneyadviceservice.org.uk Loanski is an authorised credit broker not a lender

    Fair Finance Loans Alternative

    Loans from £100 to £10,000

    • 1 month to 5 years
    • 100% online application
    • All credit scores welcome to apply
    • Paid in as fast as 10 minutes^

     

    Secure SSL connection

    Your application is sent over a secure encrypted network

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

    Choose Loan Amount

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    Rates from 45.3% APR to 1575% APR Minimum Loan Term is 1 months - Maximum Loan Term is 60 months. Representative Example: Borrow £1000 for 24 months. Annual interest rate 70% (fixed). 24 equal instalments of £77.48. Total amount to repay £1,859.52. Representative 97% APR (variable).
    *Subject to application being approved by the lender. Not all lenders are able to provide up to £10,000

    Choose Loan Amount

    Credit score not affected*

    Loading

    Rates from 45.3% APR to 1575% APR Minimum Loan Term is 1 months - Maximum Loan Term is 60 months. Representative Example: Borrow £1000 for 24 months. Annual interest rate 70% (fixed). 24 equal instalments of £77.48. Total amount to repay £1,859.52. Representative 97% APR (variable).
    *Subject to application being approved by the lender. Not all lenders are able to provide up to £10,000

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

    Loans from £100 to £10,000

    • 1 month to 5 years
    • 100% online application
    • All credit scores welcome to apply
    • Paid out in as fast as 10 minutes^

     

    Secure SSL connection

    Your application is sent over a secure encrypted network

    REPRESENTATIVE 97% APR

    Loanski offers competitive interest rates compared to some lenders across the market.

    Installment Options

    Customize your loan term from 1 month to 60 months putting you in control of your payment plan.

    Fast Payouts

    You can expect fast payouts sometimes within 10 minutes^

    Company Number: 

    IP29889R

    Company Name:

    EAST END FAIR FINANCE LIMITED

    Date firm started up business:

    02 August 2016

    Type of Business: 

    An organisation helping people financially.

    Fair Finance offers the following:

    £100 to £1000 for first-time applications.

    Returning customers can benefit from applying for £100 to £3000.

     

     

    Loan term length:

    If paying monthly it is 6 months to 18 months

    If paying weekly it is 26 weeks to 78 weeks

    Head Office Address:

    Space 2
    Fitzroy House
    Abbot Street
    London
    E8 3DP

    FCA Status: Authorised

    EAST END FAIR FINANCE LIMITED is regulated and authorised by the Financial Conduct Authority (FCA) registration number 717247

    Payout Time:

    If you apply online then you will receive a decision about your loan application within one working day.  Applying directly in the branch you will receive a decision about whether or not you have been accepted immediately.

    It takes approximately 1 working day to receive your money after you have signed your credit agreement.

    Fair Finance Review

    Fair Finance is a social business offering money advice and financial tips to people. As well as this, they also offer personal loans to people to have limited access or do not have any access at all to mainstream finance.

    According to the Fair Finance website, this is what they stand for. Their beliefs about what they aim to achieve for their customers:

     

    We believe that:

    • Customers deserve a fair deal
    • Products and services should be simple and accessible
    • Financial advice should be honest and trustworthy
    • Credit should be affordable for all
    • Profits should be reinvested for the benefit of customers

    …we believe in Fair Finance.

    The Fair Finance website has lots of information on what to do if you get yourself into a detrimental financial situation and steps you can take to help yourself.

    If you do need help financially then they can also offer this service either online via their website or in branch if you live locally and can visit them.

     

    How the company works:

    If you would like to go ahead and apply for a loan with Fair Finance then you can do so either online or in the branch. Their branches are only based in the London area but don’t worry if you don’t live close by, anyone in the United Kingdom can apply online no matter where you live.

    Once you have filled out your application form you will be required to submit some paperwork and additional documentation such as identification to support your application.

    If you applied online a member from the Fair Finance team will normally contact you to confirm some information with yourself.

    Once you have submitted all of the required paperwork and documents over to Fair Finance they will be able to give you a decision about whether you have been accepted for a loan or not.

    This normally takes around one working day if you apply online or if you apply in one of the branches then it will be immediately.

    After you have been accepted and received your loan offer, if you are happy with everything then you can sign the agreement and expect to receive your funds directly into your bank within one working day.

     

    Repayment method:

    Repayment of your loan is taken automatically directly from your bank account via either direct debit or CPA (Continous Payment Authority). If you prefer to pay yourself then you may be able to arrange this but you must remember to make your repayments on time.

    Do I need a bank account?

    If you apply online then you will need a bank account for the money to be deposited into and also to make your repayments.

    If you apply in-branch then you may not need to have a bank account and may be able to be given the cash in person in a branch.

     

    To be eligible to apply for a loan you must fit the following criteria:

     

    Age

    The minimum age to apply for a loan with Fair Finance is 18 years of age.

     

    Address Information

    You will need to be resident in the United Kingdom to be able to apply and will also need to show your residence permit if required but you do not need an address history within the UK and can apply if you have only just arrived within the United Kingdom.

     

    ID and Income

    Compared to other companies Fair Finance are fairly relaxed about their income requirements. There is no minimum income requirement with them and people solely on benefits can also apply.

    ID proof will be required and will be submitted before you receive your loan. If you apply online then you may not need to provide identification if Fair Finance is able to confirm your identity through credit reference agencies.

    All applicants will need to fill out and expenditure form.  This will give Fair Finance an idea about if you will be able to afford the loan or not. On the expenditure form, you will provide information about your monthly income and also your monthly outgoings. You can include things such as your monthly rent/mortgage payments, credit card payments, loans, grocery bills, utility bills and car payments etc.

    Although this may seem like an invasion of privacy, it is essential that Fair Finance get a good clear idea about how much money you are left with each month so that they can ensure that by lending you money they won’t be landing you into any financial difficulty.

    Penalties

    When you sign your loan agreement it is always a good idea to check that you are fully aware of the penalty policy and what happens if for some reason you cannot make your repayments.

     

    Reviews

    Fair Finances overall review score on Trustpilot is 4.5 over 5 stars.  85% of their reviews are rated as both ‘good’ and ‘excellent’, with 15% rated as bad and poor.

    Many customers complimented Fair Finance’s customer services and their ability to process the application forms quickly.