3 Month Loans

We offer 3 month loans ranging from £50 to £2,000, subject to credit and affordability checks. You should borrow only what you need and choose flexible repayments that match what you can afford. If this is your first loan with us, the maximum you can apply for is £800. If you are a returning customer and your first loan is repaid in full, you may apply for up to the maximum of £2,000.

Yes, while a 3 month loan may suit you, you can adjust the loan term to fit your budget if you prefer a longer repayment term. We offer repayment terms from 7 days up to 8 months as a new customer. Returning customers may be eligible for loans with up to 12 months’ repayment. It’s important to choose instalments you can afford to sustain, and to choose the shortest term you can afford to be able to pay the loan off quicker. Your personal Customer Care Manager can help you with choosing the best option for your finances.

Repayments can be set weekly, fortnightly, or monthly to match your pay schedule. You can choose your payment date so that it is aligned with when you have available funds. Your repayments are collected automatically using a Continuous Payment Authority (CPA) to help you stay on track. All you need to do is ensure funds are available in your bank account at least the day before your payment date.

Yes, you can repay your 3 month loan early at any point during the loan term here at Fast Loan UK. Early repayment allows you to clear your balance sooner and may reduce the total amount of interest you pay. You will only be charged interest for the days you borrowed for, and there will be a £20 early settlement fee, subject to this not taking you over the 0.8% daily interest charge. Simply contact your Customer Care Manager, who will provide the remaining balance and help arrange payment.

Using a direct lender like us means you apply directly with the company providing the loan, rather than through a broker who passes your details to multiple lenders. This can reduce confusion, limit unnecessary credit searches, and ensure you deal with one provider throughout the process. As an FCA-authorised direct lender, we provide you with clear, transparent loan terms and dedicated support from the moment you apply. It also means we can provide the loan funds faster once approved.

When you apply for a 3 month loan, we carry out checks to assess your eligibility and affordability. These essential checks include reviewing your credit history using Credit Reference Agencies (CRAs). We use a soft search first to check eligibility, which will not show on your credit file. Only if eligible will we then perform a hard search, which will appear on your credit file. It’s important to only apply for a loan if this is affordable for you and can be sustained throughout the 3 months. You can find out more about our approach to responsible lending here.