How do I apply for a fast loan?

Applying for fast loans is generally easy. Online applications make it possible for borrowers to obtain a credit decision swiftly, even if they have a bad credit record. If a lender has questions, they can be addressed quickly to make sure the borrower’s needs are met. Once the application is approved, the money is transferred to the client’s account fast – often in just 15 minutes, assuming the bank can accept the credit transfer the same day and that your application has been approved and all checks have been completed. This means you’ll have the money available for spending almost right away.

The online loan application process is, in a way, safer for many borrowers. The credit documentation is there for borrowers to inspect, and there is no lender sitting across a desk pushing for a fast signature.

Taking the time to read the credit agreement is important to ensure you fully understand the details of the fast loan or payday loan. If there are questions about a specific clause as you read, it’s usually easy to get an answer before you apply. Remember, we strive to never lend to borrowers who we feel will struggle to keep to the credit agreement and make the loan repayments on time.

Was this article helpful?

If there's anything else you'd like us to know, you can add it below (it's optional!). When you're done, press the Submit button.

Please add any comments in the box below. It's optional, but we really appreciate it and look at all feedback so that we can improve. When you're done, press the Submit button.

Your comments will be used to improve this article. If you need to speak with us, please call us on 0203 818 7470 or email us at thecrew@moneyboat.co.uk. We're here to help Monday to Friday, 8am–6pm, excl. Bank Holidays.

Didn’t find an answer? Contact us

Help Disclaimer

We do all we can to bring you interesting, practical and valuable information. However, please understand the following:

  • Moneyboat.co.uk are in no way connected or affiliated with the application or affiliate links mentioned in this or any article. We do not receive any commission and are not responsible for any charges that may result from any free trials or paid subscriptions.
  • Moneyboat.co.uk does not provide medical advice It is intended for informational purposes only. It is not a substitute for professional medical advice, diagnosis or treatment. Never ignore professional medical advice in seeking treatment because of something you have read on the site. If you think you may have a medical emergency, seek medical advice immediately or dial 999.
  • Information and data on this blog are for information purposes only. While we work hard to ensure it is accurate, we cannot accept responsibility for the accuracy, completeness, suitability or validity of any information provided on the blog. We will not be liable for any errors, omissions, losses, injuries or damages arising from its display or use. All information is provided with no warranties and confers no rights.

If you feel that any of the information published on our blog is not accurate, please notify us via email at thecrew@moneyboat.co.uk.

Representative Example: Borrow £400 for 4 months: 3 monthly repayments of £156.09 followed by a final repayment of £156.07. Total repayment £624.34. Interest rate p.a. (fixed) 288.35%. Representative APR 1,267.9%. 

Compare Moneyboat loans.


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