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The cost of borrowing £300 over 6 months:

#1
Fast Loan UK £507.48
#2
Mr Lender £544.00
#3
Cashasap £556.23
#4
Lending Stream £579.00
#5
Money Platform £586.26
#6
Savvy £595.00
#7
QuidMarket £596.46
#8
DotDot Loans £597.84
#9
Cash4unow £599.82
#10
Fernovo £595.92
#11
Ticket Loan £595.92
#12
Loan Pig £595.92
#13
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%

If you find yourself in urgent need of funds due to an unforeseen emergency, rest assured that Fast Loan UK is here to help. Our quick and reliable emergency loans are designed to provide immediate financial assistance to address your pressing needs today where eligible.

With instant loans and emergency cash loans, you can borrow anywhere between a £50 loan and up to £2,000 loans. New customers can apply for a maximum of £800 and choose flexible repayments of up to 8 months, whilst returning customers may be eligible for up to £2,000 and a maximum repayment term of 12 months.

Emergency loan funds are specifically tailored to help you cover unexpected expenses quickly, allowing you to regain control of your life without delay. Whether you're facing a sudden boiler failure, urgent car repairs, a malfunctioning washing machine, or any other unforeseen emergency, we are here to offer the necessary funding to resolve these issues swiftly when you don’t have any available savings.

Click Apply Now to see if we can provide instant pre-approval for your emergency loan. At Fast Loan UK, we’re committed to helping those who need help during challenging times, ensuring that you can overcome financial obstacles without unnecessary stress.

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What Are Emergency Loans?

We all know that the unexpected can happen at any moment, causing issues with your finances that put a strain on your ability to resolve a situation. This is where emergency loans from Fast Loan UK can help fill the gap with funds for when you really need it and when you have no other viable options. Emergency loans online can help you resolve any number of different circumstances whether it is an unexpected repair bill, or you need to pay for something quickly due to no other choice.

Ideally, you would already have an emergency savings fund to help in these exact moments, but not everybody can rely on their savings in times of need. Having the option to apply for instant emergency loans can be an ideal way to resolve your situation. As FCA-approved emergency loans direct lenders, we can look to help today if we can see you can sustain the loan you need and you are eligible to apply. We’ve helped many customers in your position apply for and successfully receive an emergency loan, even with a poor credit history. As an alternative to payday loans, why not consider our flexible options to help you here at Fast Loan UK.

Urgent Loans for Bad Credit

If you are someone looking for urgent loans for bad credit, we are happy to help at Fast Loan with emergency loans whether you have a good or bad credit history. This is because we consider many factors as part of the lending decision process.

By all means, this doesn’t guarantee you will be approved for emergency loans for bad credit, however, we want to give all customers a chance where they may have been declined elsewhere already. Some lenders will fully automate their decision to lend to you, however, we take a different approach and consider your current financial situation personally when considering loans for bad credit.

If you can show proven affordability and meet our eligibility requirements, our Customer Care Managers will take the time to consider your application. Please note, if you have been declared bankrupt, have a Debt Relief Order or have an IVA, then we will unfortunately have to decline your application.

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How Can I Get Emergency Loans Today?

To be eligible for emergency loans online today at Fast Loan UK, you will need to meet the following eligibility requirements first:

  • Aged 18 and over
  • A Current UK Resident
  • Are Full or Part-Time Employed, or Self-Employed
  • Have a Regular Source of Income
  • Be able to provide Debit Card and Bank Account Details

If you meet the above, then click Apply Now and you can quickly fill in an application form for an emergency loan.

The process is simple, and we have designed this to be as quick as possible to ensure you can receive a decision on emergency loans in an instant whether you need £500 loans or a larger value. Just fill in the application with the loan amount and terms you want, provide some personal details including your name, address, email, and phone number, and we can begin the process.

You will be assigned a dedicated Customer Care Manager who will be able to oversee your application for emergency loans online, and they will contact you if any further supporting information for your application is required. This will take no longer than 5 minutes if needed.

Once we have been able to assess your eligibility, conduct a credit check and review your affordability, we will be able to provide a decision for your emergency loan. Once approved, we will text you a link to digitally sign your emergency loan agreement, and once completed, you’ll be deposited the loan funds into your bank account within just 15 minutes. It really is that quick to get emergency same day loans through us.

Emergency Loans Direct Lenders

When you're facing a financial emergency, turning to emergency loans direct lenders can be a game-changer. At Fast Loan UK, we are authorised direct lenders, which means you can deal directly with us throughout the loan process, without any middlemen involved, such as with a broker. This direct approach enables us to provide a quicker and more personalised service for our customers, tailored to your specific needs. We do not charge hidden fees including no admin or broker fees, just simple emergency loans with clear, transparent terms.

Even if you have bad credit, we understand that emergencies can happen to anyone, and we're here to help where possible. Our focus is on your current ability to repay the loan rather than solely relying on your credit history. So, if you need emergency funds, don't let bad credit hold you back.

Apply now for our emergency loans for bad credit and let us assist you in getting the support you require during challenging times.

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Emergency Loan FAQs

Will I Need a Credit Check for Emergency Loan Help?

We will run a search of your credit file to assess your application for our emergency loans online. This is because as responsible lenders, we need to ensure you can afford the loan amount and terms you have applied for. We will process a soft search at the beginning of your application, using a Credit Reference Agency (CRA), to check your current credit score and to give us an indication if emergency loans are right for you. Once pre-approved, a hard search will be performed that will show up on your credit file. Unfortunately, we cannot approve emergency loans without performing credit searches during your application, so you will need to be happy with this as part of the terms of the credit agreement. Although we will run a credit check, we do consider your finances overall before making a decision to lend, checking your affordability and current circumstances together.

How Much Can I Borrow with Emergency Same Day Loans?

The maximum amount you can borrow from us with emergency loans is £800 if you are a new customer. We need to ensure you can repay a loan through us successfully first before you will be eligible to apply for higher values. Once you have become a trusted customer, we are happy to consider same day loans for values up to £2,000. Whilst we are happy to provide higher value loans, we don’t encourage you to apply for more than you need to borrow. Representative example: 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.

How Many Times Can I Borrow Emergency Cash Loans?

Hopefully, any emergencies that arise for you will be few and far between, however, if you have already had an emergency loan through us, you may be able to borrow again. If you have successfully paid off your first loan with us, you will be eligible to apply for up to £2,000, but this is not guaranteed. In any situation where repeat borrowing is required, we will still perform a credit check and will assess your present affordability using Open Banking. This is to ensure your circumstances have not changed in the time between your last loan with us. Any form of short term loans through us are designed for occasional use, not to manage any existing debt you may have. Our loans for bad credit are not suitable for long-term use. If you have any questions about emergency loans online, please contact us.

Are Emergency Loans Guaranteed to be Approved?

No loan is guaranteed for approval, so you will need to undergo the correct assessment first. At Fast Loan UK, we don’t provide 100% acceptance loans, instead, we focus on your affordability and current circumstances. Whilst we do check your credit file, this isn’t the only factor in providing a lending decision. If we cannot determine whether you can afford the loan, or if it will put you into further difficulties, we will have to decline your application.

How Do Repayments Work with an Emergency Loan?

Repayments on an emergency loan are flexible and work similarly to other types of short-term cash loans. We’ll arrange a Continuous Payment Authority (CPA) on your bank account as part of your credit agreement. This means on the agreed repayment date, we will automatically take the funds, so all you need to do is ensure you have enough credit to cover this. We’ll send a reminder a few days before too. It’s important to choose repayments before applying that you can sustain throughout the loan term.

Can I Get an Emergency Loan if I’m Unemployed?

Unfortunately, if you are unemployed then we cannot provide emergency loans. As a minimum requirement, applicants need to be in either full or part-time employment, including self-employed, and receive a regular income. If you are experiencing financial difficulties, please visit Money Helper for further advice and information that may help you.

Will I Need a Guarantor for Emergency Loans?

We do not require applicants to provide a guarantor when applying for emergency loans for bad credit. You can apply as a sole applicant, even if you are someone with a history of poor credit. We welcome applications from those with varying credit histories, as long as repayments are affordable to you, and you can meet our eligibility requirements. As emergency loans direct lenders, we hope to help you get the quick cash you need, as long as it’s affordable for you.

Will I Get Emergency Loan Funds on the Same Day?

We always aim to transfer approved funds quickly so that you can use them on the same day. Your bank will need to support the Faster Payments System (FPS), and your application will need to be within our business hours. Please note, any request outside of business hours, such as evenings or weekends, may not process until the following working day. For most approved applicants, funds can be transferred within just 15 minutes after signing your loan agreement.