With 1 month loans at fast loans UK, you are met with an affordable loan option designed to help you tackle an unexpected financial emergency. Whether it is an emergency boiler repair or an unexpected bill that needs to be paid straight away, we have several instant loan and short term loan options to aid you should you find the need for alternative finance. As responsible Financial Conduct Authority (FCA) approved lenders, we of course will take every step to ensure that you are gaining access to an affordable loan should you feel that you require it, and pass affordability checks should you decide an application with us is right for you.
Having a smaller loan that can be paid off in one month is particularly useful when faced with a financial emergency such as an emergency car repair or a broken-down boiler. This form of financial emergency is often one that requires immediate action and can put a strain on your finances should you not have any savings to cover it. Should you find yourself with no savings and an unexpected bill that falls right in the middle of the month, what are the options that you have available to you?
We understand that time is of the essence when you are faced with a scenario such as this one. This is why we offer short term loans such as a 1 month loan to those that have proven affordability to make each repayment. Therefore, should you choose to apply for a loan through us, you will get a decision as quickly as possible. Whilst we cannot guarantee that you will be approved for the 1 month loan that you apply for, we can ensure that your application will be dealt with fairly regardless of the current state of your credit score.
Should you apply for a loan with us, you will not be met with any automated decision-making systems. You will be put through to a designated personal Customer Care Manager who will oversee the application. Your designated Customer Care Manager is responsible for conducting credit and affordability checks to ensure that you are eligible for the loan that you have applied for in just a 5-minute phone call.
Should you find that a loan is an option for you when faced with a financial emergency, you want to make sure you are getting the best possible choice for your finances. It is at this stage that you need to consider the amount that you can afford to borrow. As with any financial emergency, you want to make sure that it is resolved as soon as possible, therefore, it is advised to prevent holding onto the loan for longer than is needed. If you find that you require the loan a few weeks before payday, it is important to consider whether you need to borrow the full amount or put some of your remaining funds into it.
If you are unsure of the current state of your finances, it is advised that you look into this before applying. This is because it will give you a clear indication of how much you can borrow. Should you decide that you are going to look into 1 month loans with us, we are here to help you with every step of your application. When applying, your designated Customer Care manager will conduct the necessary checks to look at your finances in more detail. If we cannot determine that our 1 month loans are affordable, we will have to decline your application. Throughout this process, your Customer Care Manager will conduct a five-minute phone call with you to make sure that we have all the accurate information to fairly assess your affordability.
Here at Fast Loans UK, we take our lending very seriously. Therefore, as an FCA approved lender we take our commitment to lending very seriously. We are proud to continue to offer affordable loans to those in need and are committed to never approving a loan to an applicant who cannot afford it or is experiencing any form of financial difficulty.
To be eligible for a 1 month loan from us, you will need to meet the following criteria:
• You must be a UK resident
• You must be aged 18 or over
• You must be in full time or part-time employment. This does include those that are self-employed.
• You must be able to provide a bank account number and debit card details.
• You must have a regular income coming in every month.
If you are a returning customer of ours at the point of applying for 1 month loans, we will check the details that you have provided to us previously to make sure that your circumstances have not changed since the last time you borrowed from us. If you believe that you are ready to apply for a loan with us, you can apply now, and we will begin the process. Alternatively, you can visit the how it works page to find out more.
Yes, here at Fast Loans UK we look at not only your line of credit but conduct an affordability check to determine whether or not you are eligible for the 1 month loan you have applied for. From there, you will then receive the funds into your account within a few minutes.
If this is your first time borrowing from Fast Loans UK, then there is a maximum borrowing amount of £800. However, for those that have borrowed from us before, we can offer more financial aid, subject to affordability.
Here at Fast Loans UK, we are proud to offer each of our applicant’s flexible repayment methods to ensure that the loan is affordable. We are honest and transparent with every loan applicant and will calculate the cost of the repayment upfront with no hidden charges, allowing you to ensure that a payment is never missed.