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

    Fast Loans UK 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

    Credit score not affected*

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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: 

    07786732

    Company Name:

    Fast Loan UK is a registered Trading Name of JDB Enterprise Group Ltd

    Date firm started up business:

    26 September 2011

    Previous Business Names:

    UK FAST LOAN LIMITED

    26 Sep 2011 – 14 Dec 2015

    Type of Business: 
    64921 – Credit granting by non-deposit taking finance houses and other specialist consumer credit grantors

    Fast Loan UK offers the following:

    £50 to £600 for new customers

    Returning customers can borrow up to £2000

     

    Loan term length:

    New customers can borrow for up to 241 days (8 months)

    Returning customers are allowed to borrow for up to 65 days (12 months)

    Related brands:

    Kite loans

    Head Office Address:

    Enterprise Office,
    73 Blenheim Way,
    Bragbury End,
    Stevenage,
    Hertfordshire,
    SG2 8TD

    FCA Status: Authorised

    JDB Enterprise Group Ltd is authorised and regulated by the financial conduct authority (FCA)

    Payout Time:

    You could have the money transferred directly into your bank account within 20 minutes.

    Fast Loan UK Review

    Fast Loan UK is part of JDB Enterprise Group and is a UK loan company.  They were actually one of the first loan companies in the United Kingdom to be given full authorisation by the financial conduct authority also known as the FCA.

    The company started up in 2011 Under the name of ‘UK FAST LOAN LIMITED’ and changed its name to Fast Loan UK in December 2015.

    Being a short-term lender, they offer their customers loans from £50 up to £2000. New customers are only allowed to apply for amounts up to £600 but after their first loan, they can apply for more.

    Fast Loan UK is a responsible lender and always make sure that their customers are not borrowing any more than they can afford to pay back. It is one of their missions and values listed on their website.

    They also state that they will be there for their customers when they need them and will assist them as best they can if they enter any financial difficulty and are unable to make payments.

    What is the meaning of Fast Loan UK?

    To apply for a loan with Fast Loan UK, you apply directly on their website. It is done in three easy steps and if you are approved, you could have the money in your account within 20 minutes.

    The first step is to choose the amount you wish to borrow and how many repayments you wish to make, you can do this using the slider bar tool. Then you will need to fill out all of your personal details answering the relevant questions on the application form.

    Once you have done this and submitted it, Fast Loans UK will give you a quick 5-minute call to verify all of the information with yourself. They may not do this if they are able to access your information from the Credit Reference Agencies.

    Once Fast Loan UK have carried out all of the credit and affordability checks, if you are approved they will send you an SMS with a link to digitally sign your loan agreement.

    The loan will then be transferred into your account within 20 minutes.

     

    Repayment method:

    You have some flexibility when choosing your repayment schedule. You can choose the term you wish to pay over and also whether you wish to repay in one payment, weekly, or monthly payments.

    Repayment is done using CPA (Continous Payment Authority) This is an automatic payment service where the payments are taken directly from your bank card.

    It is a convenient way to repay your loan because you don’t need to worry about remembering to make your repayments.

    If CPA isn’t suitable for you then you have a right to cancel this and can do so by contacting Fast Loan UK directly but you will need to provide them with an alternative method of payment.

    Do I need a bank account?

    Yes, all applicants to Fast Loans UK will need a UK bank account and also a debit card which is attached to that account. Your loan will be paid into this account and your repayments will also be taken from the registered debit card.

     

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

     

    Age

    The minimum age to apply for a loan with Fast Loans UK is 18 years of age.

     

    Address information

    All applicants must be resident within the United Kingdom. You may also be asked to provide your previous address history for the previous 3 years so that Fast Loans UK can run the necessary credit checks and confirm your identity.

     

    ID and Income

    You will need to be either in full time or part-time to be considered for a loan with Fast Loans UK. You must be able to show your salary going into your bank regularly.

     

    Penalties

    If you struggle to make your repayments then it is advisable to speak with Fast Loan UK as soon as possible. Ignoring the problem could put yourself in a worse situation and mean you may have to pay back even more than you agreed because you will incur late payment fees.

    If you speak with Fast Loan UK’s customer service team then they may be able to come up with a solution for yourself and arrange an alternative payment plan until you get your finances back on track.

     

    Reviews

    On Trustpilot, Fast Loans UK has a 3.5-star rating out of 5 but there are only two reviews on there one good and one bad review.

    After researching on another website reviews.co.uk there were 99 reviews for Fast Loans UK and a full 5 out of 5-star rating.

    Their customers constantly praise them for their excellent customer service and their fast turn around time. They say that the team over at Fast Loan UK are excellent and always do their best to assist their customers in any way they can.

    Of the bad reviews that have been left this is really just potential customers complaining that they weren’t accepted for a loan with them.

    There is nothing really alarming against the company.

    Fast Loan UK’s customer service team have also taken the time to respond to each of their reviews proving their dedication to their customers.