Are you in need of a loan to help you with emergencies? Or even a loan to cover your expenses on your upcoming holiday? Don’t worry, we have you covered.
What are Fast Loans?
Fast loans are those which are suitable for people who need extra funds as soon as possible. For example, for an emergency. They are faster than bank loans. Major banks can take weeks if not months to accept your loan and send you the money. But, here at Simple Personal Loans, you could have an answer in 10 minutes to whether or not you’re application has been accepted.
With certain lenders and brokers, you could have your money in less than 24 hours. But it depends on when you’re application is submitted. Although, some lenders still check all of their applications in person instead of online, meaning they could take a little longer.
How do we work so fast?
Due to the advances in modern technology, most lenders now accept online loan applications. Meaning once you have submitted your application, it goes straight to the lenders instead of you having to post a letter and wait a few days if not weeks to hear back. Luckily, you can now use any internet-enabled device to apply through us.
Can I afford the repayments of fast loans?
Before applying for a loan you should take careful consideration when deciding if a loan is the best option for you. You need to be aware of the interest charged and how much your monthly repayments will be. Although, before your application is approved, all our lenders will take into account a number of factors. For example, monthly income, existing loan repayments, outgoings and your rental or mortgage payments.
What happens if I can’t make repayments?
Late repayments can lead to serious money problems and it could also lead to you having to pay more money monthly depending on the terms of your credit agreement. We advise that if you cannot repay your loan that month, contact your lender straight away.
How do I apply for a Fast Loan?
Applying for a loan with us is easy as we do all of the work for you. After you have completed and submitted your application we then send it over to the UK’s largest panel of lenders. This saves you time whilst increasing your chances of getting a loan. All of our lender’s offer different loans, whether they be for bad credit or unsecured, meaning that it is likely one of them will be able to offer you a loan.