Unsecured Loans
We are a direct lender providing affordable unsecured loans
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Representative Example
If you borrow £500 over 12 months, your total repayment is £929.40. Your monthly instalments will be £74.95 and a one off 6% administration fee of £30. Annual Interest (fixed) is 125% per year with a 280% Representative APR.
New customers can apply for a loan of up to £1000 for between 6 and 12 months. Existing customers can apply for a loan of up to £3,000 for a maximum 18 months.
Unsecured Loan
If you are looking for a loan, you may have come across the terms “secured loan” and “unsecured loan”. But what is the difference? A secured loan is a loan that takes into account the value of something you own, for example your home. With a secured loan, there is a risk that you could lose your property if for any reason you are unable to repay your loan.
However, an unsecured loan is completely independent of anything else you own. This means that there is no risk of you losing your home if you are unable to make your loan repayments.
It can be a little more difficult to get an unsecured loan, because the lender has no back up such as your home. This means that many lenders have quite stringent loan criteria for an unsecured loan, including you having a good credit score.
At Fair Finance we offer unsecured loans of up to £1000, and will consider your loan application even if you do not have a perfect credit score. We are more interested in the present than the past: our main priority is to ensure that the loan is affordable for your current financial circumstances.
To apply online for a Fair Finance unsecured loan first use the slider to check the total cost of your loan and your repayments, then click the Apply Now button.
You can also apply by phone, by calling us on 020 8988 0627.
We will make our lending decision within 24 hours of receiving your completed application and supporting documents. If your application is approved, we will send you a contract to sign and will then get the money into your account within one working day.
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WHY BORROW A FAIR PERSONAL LOAN
Bad Credit? On Benefits? New to the UK?
Discounts for existing customers
No hidden surprises
LET US ANSWER YOUR FAQ’s
We are a direct lender providing affordable loans of up to £3000
Why should I come to Fair Finance?
Fair Finance is a social enterprise. We aim to tackle financial exclusion. We build products for people with financial problems. We offer the cheapest price we can that is responsible and sustainable. We are actively transparent clear and honest.
I am not working can I apply for a loan?
Yes, we lend to those who are working or are on benefits.
How long does it take to get the money in my account?
After you have completed your online application form and submitted your bank statements, our team gets back to you with a decision within one working day or 24 hours. Remember, if we don’t have your bank statements, we won’t assess your application. In some cases, we may need to require extra documents such as a proof of ID or address. Once all documents are provided, the loan contract can be signed. Once it is signed, we deposit the money in your account on the same day during week day, and on Monday if you sign your contract on the weekend.
Any more questions?
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