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. 

Also Read: Red Arrow Loans Review 2023 | Is Red Arrow Legit?

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 website on your device.
• 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 can be a great option. You can get accepted after simple online verification and even receive money in your bank account within 24 hours.

• 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

• Easy to Apply 

  Once you’ve signed up for the platform, all you need to do is apply for the amount you want to borrow. The platform has a simple and user-friendly interface that makes it easier even for first-timers. 

• Accessibility 

  These loan platforms do not require much documentation. Unlike traditional banks, they have simple criteria to qualify for different loan amounts. 

• Convenience 

  The company functions online, so the entire process can be done from the comfort of your home. You do not have to visit anywhere to submit documents or to receive money. 

• Flexibility 

  The platform offers flexible loan options for customers. Moreover, you can talk to the lender to renew the loan and even extend the tenure with some additional charges. 

• Fees 

  The platform is free to use for all customers. You can apply and borrow money through the platform without having to pay a single penny for it. 

Cons 

• High-Interest Rates 

  The cash advances offered by the platform have high interest rates and APR. Make sure that the interest rates of the loan align with your financial situation. 

• 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. 

Suggest Read: Grace Loan Advance Reviews

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	$100-$40,000	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 

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