Fair Finance
Affordable loans up to £3,000, APR from 280%, flexible terms for new and existing clients, quick approval and helpful support. Simple application process for all.
Fair Finance offers direct, affordable personal loans up to £3,000, serving both new and existing clients across the UK. Their application process is straightforward, built for convenience and speed, making them an appealing option for those in need of quick financial support. The key highlight is their focus on responsible lending and transparent rates.
The representative example shows a fixed interest rate of 132%, with a 280% representative APR. For a typical loan of £500 over 12 months, monthly payments would be £74.95, with a one-off administration fee of £30 (6% of the loan amount). New clients can borrow up to £1,000 (6–12 months), and returning clients can apply for as much as £3,000 with terms up to 18 months.
How to Apply: Step-by-Step
- Click ‘Apply’ on Fair Finance’s website
- Fill out a simple online form
- Upload your recent bank statements
- Wait up to 24 hours for a response
This smooth process is designed to get you an answer promptly, reducing waiting time and hassle.
Key Benefits
The main advantage of Fair Finance is its ability to provide loans to people who may not easily qualify elsewhere. They’re clear about fees and interest, so you know exactly what you’ll pay.
The customer service is frequently praised for being friendly and supportive. The loan process is also efficient, usually providing a decision within one day and often faster than traditional lenders.
Main Drawbacks
The APR is relatively high at 280%, making these loans more expensive compared to some mainstream products. This is something to consider if you have access to mainstream credit options.
Another downside is the loan amounts for new borrowers are capped at £1,000, which might not be sufficient if you need a larger sum right away.
Nosso veredicto
Fair Finance is a solid option if you’re struggling to find affordable loans elsewhere and want transparent rates and terms. Although the APR is high, the clarity, helpful support, and quick process make it a viable alternative for short-term needs. Always compare other loan options available to you and ensure you’re comfortable with the total cost before proceeding.
