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Our review of Fast Loan UK
Fast Loan UK is a Stevenage-based loan company which has been lending for six years, selling itself on high quality customer service. The company is part of JDB Enterprise Group, which is a finance group with many years of experience in lending.
First time customers to Fast Loan UK may be able to borrow up to £600 - over time, the company can increase the amount they will lend to you, up to £2000 for ‘trusted customers’. The first application will take you about 20 minutes, with the company contacting you directly to go through one step at a time. The repayments can be spread across a year. Shorter loan periods are available, but need to be arranged during the application process with your personal customer care manager.
Fast Loan UK has built a great reputation with customers - most reviews praise the high quality customer support. They allow early repayment of loans without charging extra and their default fees are capped at £15. Customers who find it difficult to pay on time can get in touch with a personal customer care manager, who may be able to change their repayment date. However, this could result in extra fees and may impact your credit file.
My Verdict: Fast Loan UK is an established lender with a very good reputation for high quality customer service. They are a provider of loans of up to £600 for first time customers and £2000 for ‘trusted’ repeat customers. Be sure that you’ve compared your options and are confident you can afford the repayments before you apply.
- They'll consider applications with bad credit
- Flexible repayment structure
- You will be assigned a Customer Care manager if accepted
- No arrangement fees
- You must be over 18
- Must be in full or part time employment
- Address information for the past 3 years
- Information on income and outgoings
- Your bank account and debit card information
- Agree to a credit check
- Be a UK resident
- Not be bankrupt
- Maximum APR 912%
- Arrangement fee: £0
- Early repayment fee: £0
- Late payment fee: £0
About Fast Loan UK
Borrow from £50 - £2000 from between 7 and 241 days with Fast Loan UK.
Fast Loan UK's loans are designed for those who want a bit more of a personal touch and those who don't like the idea of having to fill in long, complicated and sometimes intrusive forms online.
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