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Fast Loans - What You Need To Know About Fast Loans?

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Fast Loans - How To Secure A Loan In The Fastest Time!

Technology has deeply impacted our lives and also the way we think and respond to situations. As a technologically empowered generation, we crave for quick and fast solutions to our problems and refuse to wait. This impulsiveness is the very reason for most of our troubles, both financial and personal. So, if you have messed up your finances and are looking for a fast loan to help you through this tough phase, then we would be glad to help you.

Money Pig is a financial intermediary and loan introducer that is fully aware of your needs and requirements. We know how important it is for you to get quick financial assistance during exigencies, and through our fast loans, we make the entire process quick and hassle-free. If you are new to Money Pig, then we understand that you may have several questions at the back of your mind. You may look for answers here or write to us, and we will revert back as quickly as possible.

Fast Loans |FAQs

  1. Can I get a fast loan from Money Pig?
  2. Does Money Pig offer fast loan processing?
  3. What is a fast loan?
  4. Am I eligible for a fast loan?
  5. How do I apply for Money Pig’s fast loans?
  6. Would I be bound to borrow a fast loan after applying for it?
  7. How do fast loans work?
  8. I need a fast loan. How much can I borrow?
  9. Are fast loans safe since they are processed online?
  10. Is a credit check compulsory for fast loans?
  11. Do I need a guarantor, to get Money Pig’s fast loan?
  12. Can I get a fast loan on a weekend?
  13. What interest rates are charged on fast loans?
  14. Can I borrow Money Pig’s fast loans with bad credit?
  15. Why should I choose Money Pig to borrow fast loans?
  16. What other fast loan options do I have?
  17. Can I borrow two fast loans, simultaneously?
  18. What are the benefits of borrowing fast loans?
  19. How soon do I need to repay fast loans?

fast loans

Can I get a fast loan from Money Pig?

Yes, Money Pig realizes how financial pressures can ruin your peace of mind, so to support you during these times, we offer fast loans through our network lenders. When you apply for one, we do our best to find you the most appropriate creditor based on the details you submit to us. By doing this initial groundwork for you, we help expedite the process.

To provide a superior borrowing experience, we organize our workflow with just one object in mind — to provide you fast loans. So, as soon as you put in your loan application, we select lenders based on your profile. This eliminates all the hurdles that may delay your loan approval.

So, if you have a good credit score, then we forward your application to those direct lenders, who would be willing to lend you money within minutes. On the other hand, if you are having problems with your credit score, then here’s what we do. Money Pig has a robust network that consists of certain direct lenders that specialize in lending money to those with a bad credit history. So, we put you through such lenders, so that no time is lost in getting approvals.

What is a fast loan?

Fast loans are short term loans that involve fewer formalities and are advanced much faster than most other types of loans. These are ideal for those in need of urgent cash with no time to wait. As this type of loan is processed quickly, these provide immediate relief. So, if your car broke down all of a sudden or you need to pay for the repair of a large home appliance, then fast loans can help you through it.

When you need urgent cash and have no friend or relative to turn to, then you have only two options — bank overdraft or Money Pig. Most banks do not let you borrow much through overdrafts, and we completely understand that. In fact, if you have a low credit score then the bank may not allow you an overdraft nor sanction any of your loans. During such times, Money Pig’s fast loans can offer huge relief. Unlike other financial intermediaries, we use internal protocols that allow you to borrow quick loans, whenever you want.

Am I eligible for a fast loan?

To be eligible for Money Pig’s fast loans, you must be a UK citizen and must have completed 18 years of age. That qualifies you to get into a loan agreement, but it is also important that you have a UK bank account and a decent source of income. As our direct lenders release the loan amount only into UK bank accounts, you need to have one. Although it isn’t mandatory for you to have a job, you would be required to have a steady source of income, through which you can repay the loan amount. You can also click here to see how it works at Money Pig.

Does Money Pig offer fast loan processing?

Yes, Money Pig offers extremely fast loan processing, which involves simple and easy procedures. In fact, the entire process is designed to let you borrow fast loans that provide immediate relief. Since we channelize your application only to direct lenders who are most likely to approve your loan, you hardly lose time. Also, the credit check is carried out only once, and by our direct lender whose proposal you accept. Since it is a soft credit check, it takes only minutes for the lender to complete it and release the funds into your bank account.

You must understand that it is mandatory for your creditor to run a credit check on you, before advancing a loan. We know that there are several direct lenders who claim to offer a no credit check fast loan, which isn’t legitimate in the UK. So, they are either lying or are illegitimate lenders, however, Money Pig chooses to remain transparent. As we only partner-up with licensed, ethical direct lenders, you don’t have to worry about that. Despite doing business legitimately, we offer you fast loans from some of the most reputed direct lenders in the financial services industry.

How do I apply for Money Pig’s fast loans?

Money Pig’s fast loan application is available online and takes only minutes for you to complete and submit it. However, before applying for our fast loans, make it a point to confirm your eligibility. If you are eligible, then we can offer you fast loans that are advanced by our direct lenders. Each direct lender has his or her own terms and conditions that you would have to agree to. Once you complete your application, then we bring you offers that are most profitable for you. Please note that Money Pig does not collect any fast loan application fee or any other type of fee from you.

Would I be bound to borrow a fast loan after applying for it?

Money Pig offers no-obligation free quotes to its customers, which is only an offer made on behalf of our direct lenders. So, you are free to accept or reject this offer, without any obligation towards us. We are only an intermediary that puts you through direct lenders who offer competitive APRs. Since we know who offers what, we help you negotiate the most profitable deal, depending on your credit score and current income streams. Therefore, you are not under any compulsion to borrow a loan from the direct lender recommended by us. As a matter of fact, we do not even collect any fast loan application fees from you.

How do fast loans work?

Everyone goes through financial troubles and when you are neck-deep into it but still need to clear your bills, then you may not always have the time for lengthy loan processing formalities. These are the times when you would want to have some funds transferred into your account, without having to run about. Technology has made this possible — our fast loans are entirely processed through an online application submitted by you. These are quick and do not involve lengthy procedures since the loans advanced are smaller and the borrowing period is under 36 months.

Once we have your application for fast loans, we forward it to a lender who is most likely to offer you a good deal. If you accept to transact with that particular direct lender, then he conducts a soft credit check. This type of a credit check is extremely quick and does not require much time — something that we encourage our direct lenders advancing fast loans to stick to. Once the direct lender has completed the soft credit check, then your fast loan is either approved or rejected. If the direct lender decides to grant you a fast loan, then it is transferred straight into your UK bank account. So, when you need a fast loan, contact Money Pig instead of running about or making frantic calls. We are here to make the process easier for you and will do all that we can to ensure that your loan is processed without any delay.

I need a fast loan. How much can I borrow?

If you need a fast loan, Money Pig realizes the urgency and to serve you the best we can, we partner-up with direct lenders willing to advance a fast loan. Most of our direct lenders offer fast loans up to £5,000 depending on several factors. So, it is only after receiving and evaluating your loan application, that we would be able to tell you the exact loan amount you qualify for.

Also, your credit score plays a crucial role because we have different sets of direct lenders who advance money to those with particular types of credit histories. If you have a good credit score, then we forward your loan application to those who advance loans to those with a good credit score. However, if you have a poor credit score, then we put you through the ones who have a higher risk appetite and lend loans to those with bad credit scores. So, depending on that and your income streams, our direct lenders would decide your borrowing limit. However, make it a point to clearly mention the exact loan amount that you require, in the fast loan application that you submit to us.

Are fast loans safe since they are processed online?

All financial transactions carried out by Money Pig and its network of direct lenders, comply with the applicable data privacy and customer safety regulations. In fact, you can see that Money Pig’s website runs on HTTPS, which encrypts the data exchanged between the client and the server. So, straight from the time when we receive your fast loan application, we protect your personal and financial details. However, you need to protect yourself too. So, while applying for our fast loans or while sharing or exchanging sensitive financial information, you must always use a secure private network and avoid using public WiFis. Also, using your personal computer or mobile phone with a firewall and antivirus is recommended.

Is credit check compulsory for fast loans?

In the UK, all financial service providers and direct lenders are bound to follow the rules and regulations imposed by the Financial Conduct Authority (FCA). These rules, regulations, and guidelines are imposed to preserve the integrity of the financial services industry. As FCA makes it compulsory for all lenders in the UK to run a credit check before advancing any type of loans, there is no way our direct lenders or any other lender in the UK can skip it. Therefore, we partner-up with direct lenders who are willing to sanction fast loans after a soft credit check. This creates a win-win situation for you and the direct lender because the formalities are complied with, but without lengthy formalities.

Do I need a guarantor to get Money Pig’s fast loan?

Money Pig offers fast loans that may or may not require a guarantor, and that is regardless of your credit score. So, depending on your need, you may fill in a fast loan application for a guarantor loan or any other type of loan. Some of our no-guarantor fast loans include payday loans, cash advance loans, bad credit loans, and short term loans for students.

However, in case you have borrowed too many short term loans at high APRs, you may want to quickly settle them with a single guarantor loan. At times, you may want to do this as quickly as possible, and therefore we also offer fast loans to help you settle your debts. So, if this is the case, then although a hard credit check would be required on you and your guarantor, we may still be able to provide you with a fast loan. Just make it a point to mention in your loan application that you need a guarantor loan as fast as possible and we’ll process it as quickly as possible.

Can I get a fast loan on a weekend?

Yes, you can get a fast loan whenever you want — a weekend or a public holiday — Money Pig ties up with direct lenders willing to advance fast loans all through the year. So, if you want to borrow one on a weekend, then we should be able to find you a deal. However, we would like to inform you that not all our direct lenders would be working on weekends. So, if you have the time and can wait, then awesome, but if you can’t, then we’ll still do the best we can to help you with a fast loan.

What interest rates are charged on fast loans?

Money Pig lets you connect with several reputed and licensed direct lenders through a single window. Each of these direct lenders is an independent lender, who has his own lending terms and conditions. So, the interest rates charged on fast loans vary from one direct lender to another. Also, these rates are decided based on your credit score, salary, and other financial obligations.

Usually, fast loans are short term loans, and therefore, the interest rates charged are higher. However, we do our best to help you negotiate the best deal. Since these loans charge higher APRs, we advise you to limit your borrowing. By keeping your principal amount low, you also keep your interest rates low. Also, repaying your loan as early as possible can save you from paying high interest.

Can I borrow Money Pig’s fast loans with bad credit?

Yes, you can borrow fast loans from Money Pig with a bad credit score. When your bank turns you down and you have no one else that you can count on, Money Pig stands by you. Most UK banks do not offer loans to those with a bad credit score, and we know how that feels after being a loyal customer for several years.

However, we value our customers regardless of their current financial condition. Therefore, we offer several short term bad credit loans such as payday loans with bad credit, cash advance loans with bad credit and several others. In fact, we also offer fast loans to those without a credit score, such as students and homemakers. With so many options, we have a fast loan available for everyone. So, regardless of your credit history, make it a point to apply for our fast loans. As all our loan applications are free of cost, there is no need for you to think twice.

Why should I choose Money Pig to borrow fast loans?

Money Pig is trusted by thousands of borrowers, who made the wise decision to let us find them a fast loan. As an intermediary that’s tied up with hundreds of direct lenders, we know which one would offer you the best deal. So, we do our best to connect you with the right one. This helps you save up time that you would otherwise spend searching for creditors willing to advance you a fast loan.

Also, having access to multiple direct lenders gives you the power to choose the best deal. Plus, all our lenders are licensed and verified professionals who have been in the lending business for quite some time. So, Money Pig is a one-stop solution that helps you find the lowest APRs, based on the type of fast loan that you want.

What other fast loan options do I have?

If you need a fast loan, then you have very few options to choose from. You can try to borrow an overdraft from your bank, use your credit card, or try to borrow a loan from a friend or a relative. If none of that is possible, then we would be glad to help you find a direct lender from within our network. These direct lenders would be willing to lend you fast loans such as payday loans, cash advance loans, and bad credit loans.

Can I borrow two fast loans, simultaneously?

Yes, some of our direct lenders may be willing to offer you a second loan. However, we strongly advise you to avoid borrowing more than one fast loan, as these are short term loans that charge high APRs. So, borrowing too many fast loans can mess up your finances and the interest rates may pile up.

What are the benefits of borrowing fast loans?

When you are going through tough times and must deal with a sudden expense, then all you need is a fast loan. If you are going through financial troubles and there is no help in sight, then you can always count on Money Pig to help you get a fast loan. All our fast loans are processed and sanctioned fast and are designed to help you deal with emergencies.

How soon do I need to repay fast loans?

As most of our fast loans are short term loans, you may seek a repayment period up to 36 months. You are free to mutually decide this with your lender.

 

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