What is Fast Loan Direct? Is It Legit? (Must Read) Key Points:
Fast Loan Direct is an online loan aggregating platform that connects borrowers to creditors. It reports to three major credit bureaus: Equifax, TransUnion, and Experian. Service fees : $0 APR : 5.99%- 35.99% Loan Range : $100 – $35,000 Tenure : 91 days to 72 months. Are you in need of money to come out of the distressed circumstances?
If you want to avoid the hassle and try your luck with unconventional loans, Fast Loan Direct is the answer.
These short-term loans such as cash advances, PPP loans , and Small Payday loans have speedy application processes and provide funds as soon as they are approved. Want to know more? Read this fastloan direct review till the end to get all the details.
What is Fast Loan Direct? Fast Loan Direct is a loan platform where people borrow money from creditors. These loans have a short repayment period and are commonly referred to as payday loans or cash advances. It is free to use the platform and apply for the options available.
Unlike traditional banks, the platform has a robust mechanism that determines the applicant’s creditworthiness with a simple online documentation process. You can borrow from $100 to $35,000 with APR starting at 5.99%. The platform gives repayment options from 91 days to 72 months, depending on the applicant’s credit history and bank records.
When it comes to origination fees, interest rates, and other charges, keep in mind that FastLoanDirect is merely a loan aggregator and cannot control what the lender requests.
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How Does Fast Loan Direct Work? As you are aware now, Fast Loan Direct does not offer loans themselves. Rather, they allow the borrower to connect with a suitable lender through their platform. The customer has to verify their details and fill out the forms to apply for a loan , if qualified, they can apply for the offers presented by the lenders.
After the verification, the lender will send money to the borrower’s bank account, which they have to repay with interest within the predefined tenure. As a result, Fast Loan only serves as a loan aggregator.
What are the Requirements for Fast Loan Direct? There are certain requirements that every applicant has to fulfill to apply and qualify for the loan.
These requirements are:
The applicant must be 18 years and above. The borrower must be employed. You must have verified income certificates, proofs, and salary slips. You must have government-verified documents and identity proof. The applicant should have a well-maintained bank account and records. If you meet all of these requirements, you can borrow between $100 and $35,000 in the form of a line of credit or short-term loans through the platform.
How to Borrow from FastLoanDirect? Once you have fulfilled the requirements, you can proceed to apply. The entire process, from entering your information to applying for loans and receiving funds in your bank account, is so simple that it can be completed in a short amount of time unlike Minto Money .
Step 1 : Go to the official Fastloan Direct Step 2 : On the homepage, enter the amount you want to apply for in the given field and tap on Continue .Step 3 : Enter your full name in the given fields and tap on Continue .Step 4: Fill in your email address and the last four digits of your SSN in the given fields and click on continue .Step 5 : Now, enter your phone number and click on Continue .Step 6: Choose the options for: What is the best time to contact you? Step 7: Enter your home address, ZIP code, city, and state on the following page, then click Continue once more.Step 8 : Fill in your Date of Birth as mm/dd/yy.Step 9: Choose from the given options: How long have you lived in your home? Step 10 : Choose from the options to answer, “Do you currently rent or own the house?”. Step 11 : Select your gross monthly income .Step 12 : Choose an option for: How frequently do you get paid? Step 13 : Select between yes or no, if you are an active duty member.Step 14 : Choose your current income source .Step 15 : Choose from the given options to state how long you’ve worked in your company. Step 16 : Enter your employer’s contact number .Step 17: Enter your Driver’s License or State ID number in the given field. Step 18: Fill in your Social Security Number in the given field and tap on the Continue button.Step 19 : Follow the on-screen prompts to complete the process.Once done, you can see the loans available for you on the platform. Go through each of them properly, and carefully read the terms and conditions before hitting the Apply button.
Why is FastLoanDirect the Right Option for You? Traditional loans and borrowing methods take a long time and require loads of documentation and verification. For people who want to borrow a big amount, let’s say more than $50,000, bank loans are a better option considering the tenure, interest rates, and other factors.
However, if you are someone who needs small loans up to $35,000, platforms like FastLoanDirect and Credit Fresh
Stable income – Check! Bank account – Check! Decent credit score – Check! So what are you waiting for? This is all you need to get accepted by the creditors available on the platform.
Also Read: Top 8 Strategies to Improve Your Credit Score
Fast Loan Direct Reviews – Is Fast Loan Legit? Yes, FastLoan Direct is a reputable and reliable platform that offers a quick supply of funds. It is the best platform available in the marketplace to manage your debts. We get it when people ask, “Is Fastloandirect legit or not?” given the fact that there are tons of loan scam websites on the internet. It is very crucial to ensure that the platform is trustworthy.
This platform however has a good name, great functionalities, and multiple loan options which makes it a number-one choice for millions of regular customers.
Accountiod Rating: ⭐⭐⭐⭐/5
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Fast Loan Direct Review – Pros and Cons Now that we have already discussed the features of the platform, let’s go ahead and look at its pros and cons in this section.
Pros Cons Terms and Conditions The platform is trustworthy, however, the lenders might have their own terms and conditions. These can include harsh collection methods and hidden fees. We would recommend you read the terms and conditions carefully before applying.
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FastLoanDirect Customer Support Info The customers can reach out to the customer support desk in case of any issue or query. You can chat online with a live assistant available on the website or contact them directly and the team will get back to you within 24 hours.
Address : 17216 Saticoy Street #416 Van Nuys, CA 91406
Telephone Number : (805) 429-6064
Email Address : info@fastloandirect.com
Fast Loan Direct VS Other Lenders Now that we have discussed all the aspects and features in this Fast loan direct review, let’s move ahead and compare it with other lenders to get a clear picture.
Loan Company Loan Amount States Excluded Not Eligible Minimum Income CIBIL Score True American Loans $100-$35,000 NY, CT, VT, WV, AK, GA Non-US CitizensNo Military Personnel $800 >540 Lendingforbadcredit.com $100-$40,000 N.A. N.A. $1,000/m 24/7 Loan Pros $1,000-$35,000 NY, VT, WV, AK No Military Personnel $800 >540 100 Lenders $100-$40,000 CT, NH, WA, VT No Military Personnel $1,000/m Zippy Loans $100-$15,000 NY N.A. N.A. Viva Loans $100-$15,000 NY, WV, DC N.A. N.A. – Signature Loans $100-$35,000 N.A. N.A. N.A. – Next Day Personal Loans $100-$40,000 CT, NH, WA, VT No Military Personnel N.A. – Life Loans CT, NH, WA, VT No Military Personnel $1000/m – Honest Loans $400-$50,000 NY No Military Personnel $8000/m – Excel Online Loans $500-$20,000 NY, DC, WV No Military PersonnelNo Federal Employee N.A. – Bad Credit Loans $100-$10,000 N.A. No Military Personnel N.A. –
So the table given above can help you choose the suitable platform according to your needs. However, considering all the aspects, we will still vouch for FastLoan Direct. It does not have any minimum income criteria. Moreover, anyone with a decent CIBIL score can get instant money.
We hope we have explained everything that you need to know. If you find this blog helpful, please share it with your friends too!
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Frequently Asked Questions Ans: You can get payday loans and lines of credit instantly with soft credit checks.
Ans: Yes, regular repayments during the loan tenure will help to improve your CIBIL score.
Ans: Yes, cash advances and payday loans have slightly higher interest rates and APR compared to traditional loans.
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