How It Works

At Fast Loan UK we have thought long and hard about how we can make the process of borrowing money fast and simple

New Customers

  • Apply online

    1. Apply online

    Fill in our simple application form and we will make a decision in principle straight away. Just choose how much you want to borrow, the days, or weeks you want to borrow it for, and how many repayments you would like to make.

  • Reviewing your application

    2. Reviewing your application

    We will automatically review your application and aim to give you a decision within a few minutes. Depending on your circumstances, we may need a bit more information from you, so we can properly assess your application. If this is the case, one of our Customer Care Managers will be in touch.

  • Digitally sign your loan agreement

    3. Digitally sign your loan agreement

    Once we have carried out all the affordability and credit checks our end we will text you a loan link and ask you to read and digitally sign your Loan Agreement. You'll be able to do this on your mobile, tablet, or computer.

  • Receive your loan

    4. Receive your loan

    Money will be transferred into your account within 15 minutes of signing your Loan Agreement

  • Repay your loan

    5. Repay your loan

    Whether you have taken out a short term loan or an instalment loan. The scheduled payments will be automatically taken from your account on your agreed repayment dates

Returning Customers

  • Request a new loan

    1. Request a new loan

    Simply request a new loan directly from your Customer Care manager or by logging into your loan portal. Again just choose how much you want to borrow, the days, or weeks you want to borrow it for, and how many repayments you would like to make.

  • Digitally sign your loan agreement

    2. Digitally sign your loan agreement

  • Receive your loan

    3. Receive your loan

  • Repay your loan

    4. Repay your loan




A few more things you may want to know

As a responsible lender we take the obligations of Treating Customers Fairly very serious. We do this by assigning each and every customer with a personal Customer Care Manager who will manage your account. This way we can always be sure we are making good lending decisions. Rest assured that they will be one call away to help you with any query or change in circumstances you may have.

Paying early is cheaper for you

You can choose to pay your loan off early at any point. If you do this we will be able to remove interest from your loan. This is because we will only charge you interest for the days you borrow.

No hidden fees

At Fast Loan UK we only charge you interest on the days you’ve borrowed. That means there’s no late payment charges, no application or processing fees, and our default fees are capped at £15.

Flexible repayment dates

When we issue you with your loan we will set up scheduled repayment dates. However, if you need to change the odd repayment here or there, you can do this by making a request directly to your Customer care manager. We believe flexibility is key in offering the best possible loan service.

About our loans

At Fast Loans UK, we do offer same day loans. Please only apply for a loan if you are confident that you are able to make the repayments. Missing repayments may have a negative effect on your credit rating and make it more difficult for you to obtain credit in the future.

If you are thinking of extending or consolidating existing borrowing you should be aware that it may involve paying more in interest charge as you will be extending the term of the loan. We will never increase the rate of interest you pay. 

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%