At Fast Loan UK we understand there is a real need to lend in a responsible manner. Besides our Best lending practices that are outlined below we have processes and controls in place to ensure that our customers never borrow more than they can afford to pay back. This all helps to BUILD A BETTER CREDIT RATING.
HONEST AND TRANSPARENT
What you see is what you pay with Fast Loan UK. We will calculate the cost of the loan including each repayments upfront. We have no hidden charges and we do not believe in Admin fees, extension fees or late payment fees. You simply pay for the days you borrow. We feel that it’s in both of our interests to treat you fairly, and we promise you will NEVER get a nasty surprise from us.
At Fast Loan UK all you need to do is choose the amount you would like to borrow, how long you would like to borrow for, and how many repayments you would like to make in that time. You can also choose to repay your loan early and you will only be charged interest for the days you’ve borrowed. Now that’s total flexibility.
We have seen how many Payday loan companies trap their customers by having them commit to large one off payments at the end of the month. As a result we have developed longer term loans with the option of making smaller, weekly, fortnightly or monthly repayments, so our loans will always be affordable.
Whether you choose to use our direct on-line loan service or our home visit agent service you will be allocated a friendly loan agent that will personally manage your account. At Fast Loan UK we do not believe you’re just a number and understand that everyone has their own personal set of circumstances. We promise you will always have someone to talk to about any uncertainty or problems you may face.
We understand that your circumstances can change unexpectedly from time to time affecting your ability to manage bills and repay credit agreements. If this is the case your loan agents will work with you to help resolve any financial difficulty. At Fast Loan UK we are proud of the bonds many of our customers and loan agents have formed as a result of working together to resolve financial hardship.
Unlike many other loan providers we do not believe in profiting from you missing loan repayments by charging excessive late and legal fees. We will work with you and give you every opportunity to repay your loan in a manner that is sustainable to the changes in your circumstances.
Although all loan applications and individual circumstances are considered, we have put in place screening processes to assess all customers’ creditworthiness. These will include using credit reference agencies where necessary.