Borrow Money

£50 £2,000
Step 1 Step 2 Step 3
You are applying to borrow
£0 borrowed over 0 days
Total Payable £
due Tuesday 25th Jun
Total payable £
Add Discount code

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%

Are you looking to borrow money online? At Fast Loan, we make the application process as simple as possible, so you can borrow money in the UK fast. With our customers often receiving funds on the very same day, we offer a quick and efficient process for you to borrow money. By clicking apply now, you can find receive an instant decision and the cash you need, so you can borrow money up to £2000, within minutes.

How Do I Borrow Money Online?

To borrow money online with Fast Loan, you are essentially applying for a short term loan. This is a quick decision, so you can rest assured that no long application process will be necessary and you can receive funds on the very same day. Applicants are able to potentially borrow money within minutes of finding a suitable lender, if approved. Waiting can often be the hardest part when applying to borrow money in the UK, and we don’t want you experiencing any additional pressure in your time of crisis. Whereas traditional lenders can take days to approve your loan, we offer the opportunity to speed things up, so when you borrow money with Fast Loan, you are able to access it almost instantly.

With Fast Loan, a huge 95% of all applicants who are approved will be credited within just 5 minutes of signing your agreement, meaning you will not have to wait longer than necessary when you wish to borrow money. When you borrow money, it is ideal when you need a small loan to cover an emergency expense, unexpected maintenance cost, or unforeseen bill, so you are able to resolve your financial issue as promptly as possible. Additionally, when you borrow money online with us, you will be assigned with a personal Customer Care Manager who will oversee your application and ensure your application is assessed correctly, and fairly. We hope to provide peace of mind if you are an individual with bad credit, and ensure your application is reviewed against your current affordability, rather than an automated decision. We like to take a personal approach in the insurance of a fair application.

Apply To Borrow Money Online

To start an application to borrow money online with Fast Loan, click apply now and fill in our short application form. We will provide you with a decision in principal for the loan amount, along with the repayment terms of the loan. Your personal Customer Care Manager will then be assigned to you, and may wish to call you for a brief conversation regarding the application. This won’t take long, approximately 5 minutes in total, and isn’t necessarily needed with all applicants, if we are able to gather all the information we require when we perform a credit check. Following this we will assess your affordability before sending you the digital loan agreement to read an electronically sign. Once we have the signed form back from you, we’ll allow you to borrow money and we will credit your bank account within just 15 minutes.

Am I Eligible To Borrow Money Online?

We hope to be able to the ability to borrow money online to a wide range of people, if you can meet the following minimum requirements:

  • Aged 18 years or older
  • Current UK Resident
  • Full-Time, Part-Time, or Self-Employed
  • Receive a regular income
  • Have a Bank Account and Debit Card

If you can meet the above criteria, we can help you start an application to borrow money online immediately. During your application, we will request additional documents to support it, including photo ID, proof of address and also your last 3 months’ bank statements. This is so we can fully assess your income and expenditure and confirm your identity. We recommend having these documents ready before you apply to borrow money, that way there will be no delay in receiving approval.

Borrow Money Online FAQs

How Do Repayments Work When I Borrow Money Online?

When you borrow money online, we will arrange continuous repayments to be taken from your bank account. All you need to do is have the cash available in your bank account. In order to assist with this process, we will send you a reminder roughly 3 days prior to the repayment date each month, and it will be taken automatically through bank transfer.

How Long Before I Can Apply To Borrow Money Again?

This will depend on whether or not you are a first time applicant with Fast Loan. If you are, you will be able to borrow money up to £800, until you have repaid this amount in full. Following this, any further loans you take out with us can be up to £2000. Both new and returning customers will be subject to a full credit check by law. We do this for returning customers also to ensure their affordability hasn’t changed since the first time they applied. Before you apply to borrow money again, you should take careful consideration into whether this will truly help you and your financial situation. If you are experiencing any long term financial difficulties, we would advise that you seek financial help from the Citizens Advice Bureau or the Money Advice Service.

Can I Apply To Borrow Money And Get Approved with Bad Credit?

When you apply to borrow money online, we are here to help in emergency situations. Even if you cannot prove your affordability, we will provide you with the means to do so. Bad credit doesn’t dictate whether or not you can borrow money online in the UK. Other lenders may be unable to help when you have bad credit, but we prefer to focus on your current affordability, rather than past mistakes. We do run credit checks in line with UK law, but this is for your security as much as it is our own. If you have been declared bankrupt, are in a debt relief order or have an IVA on your credit file, we will not be able to accept your application.