FastMoney’s simple loan request process was developed to present you with relevant loan options from our network of lenders and financial service providers. If you are approved for a loan, the lender will then provide you with the terms of the loan including a time frame of 6 to 60 months in which to repay the money borrowed.
After the loan request process you will be redirected to the FastMoney Account Center. When you log into the Account Center you will be able to change your basic information, including contact info and password. You can also resubmit a request for a loan or view other offers within the Account Center.
Most lenders require a valid checking account. If you are approved for a loan through FastMoney, your lender will deposit your funds directly into said account.
Meeting these requirements does not necessarily guarantee you will be approved for a personal loan.
You can borrow anywhere from $4,000 to $35,000 with a peer-to-peer loan, depending on your credit type. FastMoney works with several peer-to-peer loan lenders and each lender has their own set of investors and terms. Peer-to-peer lenders often collect a loan origination fee of anywhere between 1% to 5% which is deducted from the loan amount given to the borrower.