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  Simple Fast Loans Installment Loan
Simple Fast Loans Installment Loan
in Personal Loans from Simple Fast Loans
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Simple Fast Loans Installment Loan

Unaffiliated
in Personal Loans from Simple Fast Loans
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Highlights
APR N/A
Loan Amount $200 - $3,000
Loan Term (Months) N/A

Simple Fast Loans Installment Loan Review

Simple Fast Loans Installment Loan is offered by Simple Fast Loans, a direct lender founded in 2018 and based in Atlanta, GA. Simple Fast Loans Installment Loan is available in 28 states across the USA.

Key Takeaways
  • Uses a variable APR. This is uncommon for personal loans. If interest rates rise in the future it could make the monthly payments more challenging.
  • Fast access to funds. In some cases, you can get your money within 1 business day*.
  • Prequalified rate. You can check your prequalified rate at Simple Fast Loans with a soft pull that will not affect your credit score.
  • Charges a prepayment fee. This is rare for personal loans. It means you will have to pay a fee if you pay off your Simple Fast Loans Installment Loan early.
Simple Fast Loans Installment Loan Pros & Cons
Pros Cons
  • Considers applicants with fair credit.
  • Funding available within 1 business day.
  • Charges an origination fee.
  • Charges prepayment fees.
  • Charges a late fee.
Simple Fast Loans Installment Loan FAQ

What interest rates and personal loan terms does Simple Fast Loans Installment Loan offer?

Simple Fast Loans Installment Loan has lower than average interest rates for lenders reviewed on SuperMoney.

What interest rates does Simple Fast Loans Installment Loan offer?

Simple Fast Loans Installment Loan offers a variable APR personal loan product but they do not disclose their interest rates.

How much can you borrow via Simple Fast Loans Installment Loan?

Business loan amounts start at $200 and go up to $3,000.

Simple Fast Loans Installment Loan Interest Rates & Loan Terms
Personal Loan Amount $200 - $3000
Loan Term N/A
APR N/A

What fees does Simple Fast Loans Installment Loan charge?

Does Simple Fast Loans Installment Loan charge an origination fee?

Simple Fast Loans Installment Loan may charge a personal loan origination fee.

Does Simple Fast Loans Installment Loan charge a late fee?

No, Simple Fast Loans Installment Loan will not charge you a late fee if you miss one of the monthly payments.

Does Simple Fast Loans Installment Loan charge prepayment fees?

No, Simple Fast Loans Installment Loan does not charge prepayment fees. This means you will not have to pay additional fees if you decide to pay the personal loan off early.

Simple Fast Loans Installment Loan Fees
Origination Fee No
Prepayment Fee N/A
Late Payment Fee No

What do you need to qualify for Simple Fast Loans Installment Loan?

When it comes to credit scores, Simple Fast Loans doesn't have a set minimum or maximum. People with all types of credit scores can apply. The minimum age to be eligible is 18 or the state minimum, whichever is higher.

Simple Fast Loans Installment Loan does not have or does not disclose a minimum annual income eligibility requirement. Simple Fast Loans Installment Loan only considers borrowers who are employed.

The Military Lending Act (32 C.F.R. § 232) prohibits lenders from charging service members more than 36% APR on credit extended to covered borrowers. APRs for the Simple Fast Loans Installment Loan product fall outside of the MLA limits, and as a result, the product cannot be issued to these applicants. Active duty service members and their covered dependents are considered “covered borrowers" under the Military Lending Act.

U.S. citizens are, of course, eligible for the services offered by Simple Fast Loans Installment Loan. Permanent resident / green card holders are also eligible to apply.

To qualify, applicants may need to provide the following documentation:

  • Applicants must have an active and valid personal checking account
  • Government issued photo ID
Simple Fast Loans Installment Loan Eligibility Criteria
Minimum Age 18
Bank Account Required? Yes
Application Types Accepted
  • Individual Applications
  • Credit Score 300 - 850 FICO

    What is the estimated funding time for a personal loan via Simple Fast Loans Installment Loan?

    Simple Fast Loans Installment Loan will typically approve (or deny) a loan application within 24 hours and fund loans within 1 business day of approval.

    Does Simple Fast Loans Installment Loan report your account activity to credit bureaus?

    Yes, Simple Fast Loans Installment Loan reports your account activity to the following credit reporting agencies:

    • Equifax
    • Experian
    • Transunion

    Making regular on-time payments to a creditor that reports to one or more credit bureaus will demonstrate your financial responsibility and may help improve your credit.

    Is Simple Fast Loans Installment Loan a legit company?

    Simple Fast Loans Installment Loan was founded in 2018. It is an established company that has been in business for 4 years.

    Unfortunately, we don't have sufficient community reviews to provide a reliable rating of their user experience and customer service.

    SuperMoney Disclosure: SuperMoney.com is an independent, advertising-supported service. The owner of this website may be compensated in exchange for featured placement of certain sponsored products and services, or your clicking on links posted on this website. Read more...
    Editorial Disclaimer: Editorial and user-generated content on this page is not provided or commissioned by the issuer. Opinions expressed here are the author’s alone and have not been approved or otherwise endorsed by any financial institution, including those that are advertising partners.

    Contact

    Hours of Operation

    • Sunday 9:00am - 5:00pm
    • Monday 9:00am - 5:00pm
    • Tuesday 9:00am - 5:00pm
    • Wednesday 9:00am - 5:00pm
    • Thursday 9:00am - 5:00pm
    • Friday 9:00am - 5:00pm
    • Saturday 9:00am - 5:00pm

    Other Services by Simple Fast Loans

    Availability

      Available in 28 states
    • Alaska
    • Alabama
    • Arkansas
    • Arizona
    • California
    • Delaware
    • Florida
    • Idaho
    • Indiana
    • Kansas
    • Kentucky
    • Louisiana
    • Michigan
    • Minnesota
    • Missouri
    • Mississippi
    • Montana
    • Nebraska
    • New Mexico
    • Nevada
    • Ohio
    • Oklahoma
    • South Carolina
    • Texas
    • Utah
    • Washington
    • Wisconsin
    • Wyoming

    Feature Breakdown

    Checking Account Required
    Employment Statuses Considered
    • Other
    • Employed Full-Time
    • Employed Part-Time
    • Self-Employed
    • Retired
    Immigration Status Considered
    • U.S. Citizen
    • U.S. Permanent Resident
    Joint Loan Applications Accepted
    • Individual Applications
    Military Status
    • Non-Military
    • Veterans
    Minimum Age 18
    Supported Income Types
    • Direct Deposit (W2, SSA, SSDI)
    • Cash
    • Payroll Check or Prepaid Card
    • 1099 Misc. Income
    • Tax Returns
    Verification Documents Required
    • Government Issued Photo ID
    • Social Security Number
    Credit Score Range 300 - 850
    Approval Speed 24 hours
    Credit Bureau Reporting
    • Experian
    • Equifax
    • TransUnion
    Funding Time Range 1 day
    Payment Options
    • Automatic Payments
    • Check by mail
    • Storefront
    • Credit/Debit Card
    • Cash
    • Bank Transfer
    • Apple Pay
    Pre-Approved Soft Credit Inquiry
    Loan Amount $200 - $3,000

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