For competitive fast loans you can't beat our selection of loans from our leading lenders. You may want to renovate your home, go on a holiday, buy a new car or perhaps you want a loan to settle your outstanding debts on credit cards, store cards or arrears on monthly bills. Whatever your reason, our fast loans could be the answer.

Depending on whether or not you own your own home and your investment preferences, you have a number of options available to you. The two main categories of fast loans are secured loans and unsecured loans. A secured loan is one which requires the borrower to provide the lender with some form of security, their property. The borrower's home serves as insurance against the loan which means that the lender is taking a fairly low risk while the borrower could lose their home if they fail to pay back the loan. This is why interest rates for secured fast loans are generally lower than for unsecured loans. With an unsecured loan there is no obligation by the borrower to offer any form of security or collateral and this means that the lender takes a higher perceived risk and as a result charges higher interest rates. It is wise to make sure that you can afford the repayments on fast loans before committing to an agreement because if you default on repayments and do not pay back the loan as agreed, you will eventually lose you home. Even with unsecured loans, lenders can act aggressively to protect their investment.

Fast loans are available for various amounts and repayment terms and are repayable on a monthly basis. You will be charged interest on the amount you borrow and the interest rate applied is known as the Annual Percentage Rate or APR. Generally, lenders quote a typical interest rate which is the average rate that over 50% of their successful applicants have received in the past. This is merely an indication of the rate you are likely to get but the exact APR you are offered will depend on the amount you want to borrow, the type of fast loan you choose, the repayment term and your personal situation and credit record. You will also notice that lenders refer to fixed and variable interest rates. A variable rate could rise and fall with the bank base rate so your monthly repayments could also vary throughout the term of your loan, not ideal if you are working to a tight budget. You could however benefit if the bank base rate drops and your interest rate follows suit. With fixed interest rates your monthly repayments are set for the entire term and will not fluctuate with changes in the bank base rate. If a lender quotes a set interest rate then this is the rate that all applicants will receive regardless of the amount of the loan, term or the credit rating of the borrower.

A good way to compare fast loans is to look at the APRs as this is an indication of just how competitive they are. Some lenders may offer lower interest for the same loan if you apply online and this is worth taking a look at. To help you shop around we can give you access to our competitive selection of fast loans from our top lenders – just fill out our simple online form. You'll get a fast response and enjoy our efficient and professional service.