The cost of borrowing £300 over 6 months:
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Warning: Late repayment can cause serious money problems. For help, go to moneyhelper.org.uk
Borrow: £300 over 8 months. 8 repayments of £70.31. Total amount payable £562.44. Interest rate: 130.21% pa (fixed). Representative APR: 840.75%
We all need a bit of help when money is tight due to an unexpected expense, something a small a £50 loan or £100 loan can help with. At Fast Loan UK, we can provide you with an instant decision on a £100 loan in the UK without any fuss and if approved, pay-out on the same day. Designed to cover an expense in the short term when you’ve exhausted other avenues such as your savings or other available credit, you can quickly resolve your financial emergency and repay at an affordable cost. As responsible lenders, you can trust that your 100 pound loan application will be treated fairly, with your credit rating and affordability taken into account. Whether you have good credit or a low credit score, we are in a position to help customers receive the cash injection they need quickly as long as we can determine you can afford repayments and not fall into further financial difficulty. To start your application, click apply now and we can provide you with a decision in principle straight away.
Sometimes, a small loan is all you need to cover the unexpected whether it’s a boiler failure, car repair or other emergency expense. With many reasons to justify needing financial help, having access to £100 loans that can pay out quickly can be the solution you need. As Financial Conduct Authority (FCA) approved direct lenders, we ensure every applicant is fairly assessed with their finances reviewed to ensure repayments are affordable. With a £100 loan, you may want to repay this in full on your next salary date, or prefer to spread over a slightly longer period with manageable weekly or monthly amounts. All you have to do is tell us the terms you want for a 100 pound loan and we’ll quickly tell you if we can help.
Our £100 loans are as transparent as possible so there are no surprises with any hidden fees or charges. By telling us the repayment terms you want, we’ll show you how much you’ll need to repay including interest, whether you want to clear the balance in one go after a month, or you need to spread slightly longer. This way, you will know exactly the terms you are agreeing to and are able to make a fully informed decision. It’s one of the reasons why we value customer satisfaction highly, ensuring every applicant has a personal Customer Care Manager throughout the application process. We prefer to take this human-approach to lending whereas many other lenders may choose to automate their decision making. Whatever works best for you with our £100 loans, we’ll try our best to accommodate. If we can’t, then we tell you what we can offer instead – click apply now to see how we can help you today.
To be eligible for £100 loans through Fast Loan UK, you’ll need to meet the following criteria first:
1. Aged 18 years or over
2. Be a Current UK Resident
3. Be in Full or Part-Time Employment, including Self-Employed
4. Receive a Regular Income
5. Be able to Provide Bank Account and Debit Card details.
If you can meet the above, we’ll be happy to review your application. As part of the process, you will be required to undergo a full credit check as well as a financial assessment of your income and outgoings. You will need to provide supporting documents also including proof of identity, proof of address and your most recent bank statements. To avoid any delay with your £100 loans application, we recommend having these documents to hand before applying where possible.
The good news is we can welcome applications from a range of financial backgrounds, so if you do have poor credit currently, there is still a chance we can approve your £100 loan. Whilst we can’t guarantee you will be successful, we won’t decline you just for having bad credit. Instead, we run a credit check to view your financial history then assess your current income and outgoings. We know you may have had financial difficulty in the past, but if you have the affordability now and can prove this through your bank statements, this will improve your chances of approval.
We take our position as FCA approved responsible lenders seriously, meaning customers can expect the highest quality service. We won’t ever approve an application if we cannot determine you can afford the loan, protecting applicants from falling into financial difficulty. At Fast Loan UK, we want our £100 loans to help as many people as possible which is why our criteria is more open than other direct lenders. We loan our own money unlike broker services you may find online, and we make our own decisions. If it is a speedy short term loan service you need, our £100 loans are designed to offer exactly that.
You can choose how long you wish to repay your £100 loan for and as a new customer you can choose repayments up to a maximum of 8 months (241 days). We will consider the terms you request and advise whether we can approve them. If you can afford to pay back a 100 pound loan quicker, we always recommend customers to do so as this will ensure you can settle the debt sooner and not keep for longer than necessary. If you are able to settle the loan quicker, we may be able to remove interest from the loan as we only charge interest for the days you borrow.
Borrow: £500 over 16 weeks. 4 repayments of £183.59. Total amount payable £734.36. Interest rate: 151.4% pa (fixed). Representative 766.18.% APR.
Once your £100 loan in the UK has been approved and your paperwork digitally signed, we’ll then arrange a Continuous Payment Authority (CPA) for repayments on your bank account. This means we will automatically take repayments on the agreed date in your credit agreement, so all you need to do is ensure you have available funds in your bank account beforehand. As it is important to ensure your repayments are made on time, we will send you a reminder before each payment is due. Once your 100 pound loan is settled, the CPA will end automatically.
If for any reason you miss a repayment on your £100 loan in the UK agreement, you should contact us as soon as possible to discuss a suitable repayment date. Your Customer Care Manager will be able to discuss with you a resolution. If you feel your circumstances have drastically changed and need further advice, we recommend speaking to us as soon as possible. You will also find helpful information through sites such as The Money Advice Service or Citizens Advice to assist further.