Are you among those who ever doubted the legitimacy of Fast Loan Direct? Do you ask this question “Is Fast Loan Direct Legit?” This article will answer most of all your questions about the authenticity of Fast Loan Direct and whether or not it is legit or a scam.
Loans are always available to solve our financial troubles, there are several online lending companies one of which Fast Loan Direct is part. It is important you find legit lenders online, compare their loan options and see which loan products offer the best deal.
We have compiled on this post the full review of Fast Loan Direct authenticity, so you can decide if it’s the right choice for you.
What is Fast Loan Direct?
FastLoanDirect.com is a lending marketplace that connects you with personal loan lenders that can lend you any amount from $100 to $35000, depending on your personal needs with no hidden fees.
All registration and application can be completed in under 5 minutes. Once approved by a lender, your funds are deposited directly into your account as soon as the next business day. If you also require alternative apps like Fast Loan Direct, then you should check out my Fast Loan Advance Review and see how they work similarly.
Personal loan APR (Annual Percentage Rates) typically ranges between 5% and 36%. The starting rates for Fast Loan Direct Personal Loans are on the lower end of the spectrum. Their APR might not be the best deal, if you have a good credit score you can access loans with a lesser APR.
Fast Loan Direct Personal Loans does not charge an application fee., which means they provide the service of finding the network of lenders on their site for free. The free application fee does not connote your loan does not come with a fee accompanying your loans.
Fast Loan Direct Personal Loans offer loan terms ranging between 91 days to 72 months, whereas most personal loans have a maximum term of 60 months.
Here are some basic requirements to get Fast Direct Loans; Must be at least 18 years old, Must be a U.S. citizen, Currently be employed or receive a steady income, Have a bank account to receive the funds, ideally with direct deposit.
Is Fast Loan Direct Legit?
Fast Loan Direct is most likely to be a scam due to a lot of fraudulent attempts reported by users. We are not sure about their legitimacy and transparency, but we are going to provide enough details to decide if it is the right option for you.
First, Fast Direct Loan is not reviewed on TrustPilot, one of the best websites to get customers’ reviews about a business, products, etc. As most companies would want their customers to make sincere reviews about their services in order to gain the trust of potential customers.
While on ScamAdviser, this website helps to identify scam websites and fake online businesses; Fast Loan Direct seems to be averagely good. When there might be some positive checklist of the Fast Loan Direct website, the identity of its owner is still hidden, which sounds like there can be shady information about the company’s business.
However, there are Fast Loan Direct BBB reviews that show an average of 1-star reviews from many users. We would be reviewing some of them in our next part.
Fast Loan Direct Review Featuring BBB Reviews
Fast Loan Direct legitimacy is still questionable based on our research because their website is not 100% safe and secure. According to Ron W, her experience was with bad customer service and the BBB review shows this;
I called wanting to ask why they weren’t accredited with the BBC, had he gave a half way decent response I would have went with his business. I called them promptly had to answer an incoming workcall, so I said sorry wrong number( had to get off ASAP). I called back and he crusssd at me saying “why you hang up on me) and stated I don’t do business with you! I’m glad he did this because I know his business is more than likely bad business!
Chris H was asked for a fee of $150 to be granted a loan. According to the review on the BBB website, here is what was written.
So I applied for a loan. Fast Loan Direct contacted me saying I was approved but had to pay a refundable $150 fee. I was cool with that until they told me I had to go buy an **** card to pay that fee. OBVIOUS SCAM!!! Don’t be a victim!! Their phone # is four, zero, eight-seven, six, six-four, seven, two, eight.
Is Fast Loan Direct Lender?
No, Fast Loan Direct is not a lender. Fast Loan Direct is more like a free online lending marketplace where borrowers can find a lender and get the cash they need, through the Fast Loan Direct algorithm system. They help you to avoid spending hours researching online loan providers and applying individually to several loan websites.
This can be stressful. Fast Loan renders the service for you to find a personal loan lender and get the personal loan you might need for any emergency.
Fast Loan Direct only earn affiliate commissions probably and as well in most cases ask their users for a fee to use their platform.
From all the information shared above, we can conclude that the operations of Fast loan Direct are not transparent enough to buy our trust. If you want to use their platform, make sure you find another website that provides similar kinds of services before you proceed using the Fast Loan Direct website. We have several articles here about the best loan providers you can use.