£400 Loans

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due Tuesday 25th Jun
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The cost of borrowing £300 over 6 months:

Fast Loan UK £507.48
Mr Lender £544.00
Cashasap £556.23
Lending Stream £579.00
Money Platform £586.26
Savvy £595.00
QuidMarket £596.46
Cash4unow £599.82
Fernovo £595.92
Ticket Loan £595.92
Loan Pig £595.92
Moneybag £600.00

Proud to offer the cheapest instant short term loans in the UK

Compare our loans to other lenders here

Warning: Late repayment can cause serious money problems. For help, go to moneyhelper.org.uk

Representative example:

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%

Here at Fast Loan UK, we offer fuss-free £400 loans that you can trust. Our 400 pound loans are quick, simple and available to more people! Even if you don’t have a good credit score, have a past of defaults on other loans and have been turned down by other lenders, we can help you borrow £400 today.

We take a human approach to lending and as a £400 loan direct lender, we choose to look past your credit score. We offer £400 loans for bad credit that work with your current financial circumstances. We’re fully transparent, fair and offer fantastic customer service, with your own personal Customer Care manager who you can contact directly at any point during your £400 payday loan duration. To borrow £400 directly from us today, Apply Now!

Beware of 400 Pound Loan Scams

A very important message from Fast Loan UK. We will never call you out of the blue and ask if you’d like to take out a £400 loan, or any other amount, with us. We will never ask you to pay any fees upfront to borrow £400. Likewise, we, will never ask you to share your personal information over an unsecured network. We take your privacy and security very seriously and will never share your information without your express permission.

Unfortunately, there are many scams in operation on the internet, some of which use a similar name to us. Always make sure that you’re on our secure website https:/www.fastloanuk.co.uk and that you can see the padlock symbol in the address bar of your browser.

About Our £400 Payday Loans

Our £400 payday loans are offered on an unsecured, short or medium term basis, with Fast Loan UK being your £400 loan direct lender. We’re always completely transparent about our loans, and you’re always welcome to call us up if you have any questions. To help you decide if our 400 pound loans are right for you, we’ll run through what the above terms really mean for you.

Unsecured loans: we don’t ask for any collateral for you to borrow £400 from us. The term collateral means valuables such as a car that you have to offer some lenders in order for them to approve your loan application. Our £400 payday loans are available with no collateral, so there’s no risk of losing your possessions if you miss a repayment (although it can still have a negative effect on your credit score).

Short term and medium term: we let you choose the amount of time you take to pay back your loan. Some lenders ask for £400 payday loans to be repaid in full, along with interest and fees, all from your very next paycheck. We understand that this can lead to further money issues next month. You can choose a loan term from as little as 7 days, if that suits you, while you can take up to 8 months as a first-time borrower, and returning customers can have up to 12 months to repay their £400 loans.

Direct lender: as a £400 loan direct lender, we don’t charge any broker fees – or any fees for setting up your loan at all! Another benefit when you borrow £400 directly from us is that you can make use of our open communication policy – you can contact us with any questions, any day of the week, via your own personal Customer Care manager.

£400 Loans for Bad Credit

Now that you know what our £400 loans are, you’ll be interested to find out how we’re different to other lenders. We assess applicants on a case by case basis, and don't rely on what we see in your credit file to make our decision as a £400 loan direct lender. We understand that there are many reasons why you could have a poor credit history – or no credit score at all. Credit scores take an extremely long time to build back up, and we don’t want to stop people who want to borrow £400 when there’s no good reason they shouldn’t. As long as you are able to afford the repayments on the £400 payday loan you apply for, we will usually be happy to approve you.

We do like to point out that while your credit score won’t affect our decision, we do still run a credit check when you apply to borrow £400 with us. As a responsible, FCA approved £400 loan direct lender, it’s what we do. If anyone offers you a £400 payday loan with no credit check, stay clear. It is likely that they are a scam, or at the very least could be operating unfairly.

Are You Eligible for our 400 Pound Loans?

To be eligible for one of our £400 loans for bad credit, we only ask that you meet our straightforward eligibility criteria. You must:

• Be aged 18 years or over

• Be a resident in the UK

• Have a regular income from full or part-time employment

• Have a valid bank account and debit card

As long as you meet the above, you’re welcome to apply. Once you fill out the application form, we’ll assess your suitability for the loan you’ve chosen (more on that below) by looking at whether or not you can afford it. We look at your income, as well as your regular outgoing repayments, and determine if we think the repayments are manageable for you. We’ll always make sure you have extra money left over after the repayments too. If we think the loan could get you into further financial difficulties, we cannot in good conscience approve you for our £400 loans.

As a £400 loan direct lender, we take our responsibility to you seriously. We want to help as many people as possible, as we understand that you wouldn’t apply for a £400 payday loan unless it was necessary. We keep it fair by ensuring that you can trust us to make the right decision for your benefit.

When it comes to choosing your loan, there are a number of factors you’ll need to decide – and these are all customisable options on the quick and easy application form. Firstly – do you need £400 loans for bad credit? We offer loans in increments of £10, starting from just £50, and choosing the exact amount you need to cover the unexpected bill will ensure you don’t pay more interest than is strictly necessary.

Next up, you’ll need to decide your loan term. As mentioned above, we offer short and medium term loans. The length of your loan term is very important – extending to a longer period will make each repayment smaller and more manageable, but can make the overall cost of your loan more as interest builds up. This is why we let you choose the term yourself, so you have control over your £400 loan and can find an option that works with your budget. If you decide to change the length of your loan after you’ve taken it out, that’s okay with Fast Loan UK – you can take more time or repay early with no early repayment fees – simply contact your personal Customer Care manager who will arrange it for you.

Finally, decide when you want to make your repayments. You can choose a one-off repayment or opt for weekly or monthly instalments. You can also choose the exact day or date that you will make the repayments. We recommend matching this up with your pay date – this way, you’ll always know there’ll be enough money in your account to cover it.

£400 Loan Direct Lender

When you borrow £400 from Fast Loan UK, paying it back is as simple as taking it out. We’ll set up a Continuous Payment Authority (CPA) so that the repayments come directly from your bank on the agreed dates. We’ll never change the amount or date unless you ask us to. If you’re worried that you might not be able to make a repayment on time, simply contact your personal Customer Care manager. We may be able to move or reschedule a payment to help you avoid defaulting on your £400 loans for bad credit – which is when you miss a payment or make it late. If you don’t let us know so we can try to help you, it could negatively impact your credit score, and you would be liable for a one-off default fee of £15. We never want this to happen, and we’ll do everything we can to help you.

Borrow £400 Today

So, if you’re interested in a £400 loan from a responsible and transparent lender who will treat you with respect and assess you based on what you can afford, rather than what your credit score says, contact Fast Loan UK today. We offer 400 pound loans to many people who have been turned away by other lenders, and you could borrow £400 with the money in your account just 10 minutes after approval. Apply today!

400 Pound Loan FAQs

Can I get a 400 pound loan with no credit check?

As part of our commitment to responsible lending, we need to conduct a credit check as well as ensuring the loan is affordable for you. We do not offer any credit check loans, however, if you are someone with a bad credit history and are concerned you may be declined, we may still be able to help. Rather than focus on your credit rating, if you can afford the loan repayments required and we can determine this, we could approve a £400 loan today.

Can I repay a 400 pound loan over 12 months?

We provide flexible repayment terms for our customers, up to a maximum of 12 months. If you are a new customer, the longest you can choose for your first loan with us is 8 months. This is so we can ensure you can pay your first loan in full before offering a higher loan term. Once you are a trusted customer, you can choose to apply again in future if you need emergency funds again.

How do I repay a £400 loan early?

It’s simple to settle your loan in full before the end of your repayment term, and we are happy to provide an early settlement figure. Just contact us or speak to your Customer Care Manager and they will be able to provide this. Please note, that this may include a £10 early settlement fee. You will only be charged interest for the days you borrowed, so if paying off early you can potentially save money on the total cost.

How quickly will I receive my £400 loan?

We always aim to process loans fast once approved, potentially helping you get same day loans. Sometimes this can be as quick as 15 minutes from signing your digital loan agreement. How quickly you will receive the 400 pound loan will depend on your bank accepting Faster Payments and also the time of day you apply. If applying outside of our business hours, the loan will be processed on the following working day.

Is £400 the smallest amount I can borrow?

If a £400 loan is too much or too little for your situation, you can easily use our loan calculator to adjust. We can offer loans from as little as £50 up to a £2,000 loan, and you can adjust the sliders to see how much a loan based on the repayment term will be including interest. Please note, as a new customer, £800 is the maximum you can borrow, and different repayment terms will be available depending on the value.

Do I need a CPA to make repayments on a £400 loan?

Yes, we require customers to have a CPA that will automatically take repayments from your bank account each month or week, depending on the frequency you choose. This is a simple way to ensure your loan is paid on time, so all you need to do is ensure enough funds are available before the due date, which we will send a reminder about too. If you preferred not to pay by CPA, speak to your Customer Care Manger as we may be able to approve payment by bank transfer instead.