Fast Loan UK offers a streamlined loan solution with their QuickEasyLoans, targeting those in need of extra cash with speed and confidentiality. Borrowers can apply for amounts from £100 up to £2,000, with repayment terms ranging from three to eight months for new customers. Existing customers may access up to 12 months. The representative example is £300 borrowed over six months for six repayments of £84.58, with a total repayable of £507.48 and an APR of 835.85%.

How to Apply: Simple and Fast Steps

First, select your loan amount and desired repayment term using their easy-to-use online calculator. Make sure the loan suits your budget before proceeding.

Next, fill out the online application form with your personal and employment details. Applications usually take less than five minutes to complete.

Following form submission, undergo a soft credit check to determine eligibility. If eligible, you will receive a decision promptly, often within minutes.

Upon approval, review the proposed agreement and terms. Digitally sign the agreement to confirm acceptance and trigger the payout process.

Funds are then released directly to your bank, with most applicants receiving money within ten minutes of signing the agreement.

Pros of Fast Loan UK QuickEasyLoans

One standout advantage is the high approval rate, even for those with less-than-perfect credit scores. Human-underwritten decisions prioritise affordability.

Transparency also sets this loan apart. There are no hidden fees or surprise charges. Everything, including repayment amounts and terms, is outlined upfront.

Cons of Fast Loan UK QuickEasyLoans

These loans carry a high representative APR, making them an expensive option for longer-term borrowing. Interest rates are above many traditional lenders.

New customers have more limited access, capped at £800 for their first loan. Only upon full repayment is the maximum increased to £2,000.

Our Verdict

For UK residents seeking a fast and straightforward lending option, Fast Loan UK’s QuickEasyLoans are worth considering. The application and approval process is notably fast.

The high approval rate and lack of hidden charges make it appealing for emergencies or short-term cash needs. However, borrowers should always evaluate the total cost before proceeding.