Fast Loan Advance Review

Fast Loan Advance Review

An online lending marketplace offering personal loans up to $35,000 and bad credit score applicants are welcomed, but high-interest rates and unclear legitimacy are potential red flags.

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Fast Loan Advance ( is a free-to-use, online lending marketplace that helps connect you with its partner lenders to get a loan from $500 to $35,000. The company promises higher chances of loan approval and easy access to cash even for people with bad credit.

If you have a bad credit score, you know how difficult it can be to get approved for a loan. With just a few steps, you can get the money deposited to your account as fast as 24 hours. That’s right – no matter what your credit score is, Fast Loan Advance can help you get the money you need.

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What is Fast Loan Advance?

Fast Loan Advance is an online lending marketplace. It does not directly lend anyone money, but rather, acts as a middleman to connect applicants to their network of lenders. You can apply for short-term loans, installment loans, and different personal loans with amounts from $100 to $35,000. 

When you are in a financial bind and need money fast, it can be tempting to turn to a company like Fast Loan Advance for a quick and easy solution. But before you do, it’s important to understand what this type of loan is, how it works, and the potential risks involved. Be sure to read the terms and conditions of the loan before accepting the offer.

Table of Contents
    • Free to use
    • Bad credit applicants welcome
    • Applying won’t affect your credit score
    • Loans up to $35,000
    • Repayment term up to 72 months
    • Unclear if they are legit
    • Limited consumer reviews online
    • Not available in all states
    • Potentially high origination fees up to 10%

    Fast Loan Advance personal loan features

    Here’s what makes them stand out:

    • Bad Credit Loans: Fast Loan Advance does not state any minimum credit score requirement before applying for their services. Though a bad credit score might qualify you with higher-interest loans, the company can connect you with multiple lenders and increase your chances of approval.
    • Fast Approval: Another thing that makes Fast Loan Advance stand out is the application process. You can apply for a loan online in just a few minutes, and you’ll get a decision within 24 hours. Then, if you’re approved, you can get your money as soon as the next business day

    Why you’ll want to look elsewhere:

    • May not be legit: Lack of online reviews and information on their site leads us to wonder if they’re legit
    • High Interest Rates: One of the downsides of Fast Loan Advance is its high-interest rates. On its website, a $1,000 loan, for example, carries a 24% interest rate, and a $10,000 loan will cost you around 8% in interest rates.
    • Fast Loan Advance is not available in most states: Before applying, you might want to check Fast Loan Advance’s availability in your state. On its website, Fast Loan Advance claims it is available in most 50 states, but aggregate reviews online claim they are not offered in their areas.

    Fast Loan Advance requirements

    Loan approval odds depend on the following requirements:

    • Citizenship: US citizen
    • Age: Minimum 18 years old
    • Bank account: Have an active checking bank account.
    • Minimum income: Have at least one regular source of income. They don’t specify a minimum amount but based on our experience, you’ll need to earn at least $1,500 monthly and show proof of income. They may also request references like your boss to verify your application.
    • Credit score: They don’t mention a minimum credit score on their site but we recommend at least 550.

    Is Fast Loan Advance legit?

    Short answer: We’re not sure if they’re legit. There’s a noticeable lack of reviews online from clients who have used their services. According to their website, they have been around since 2015 however, we”re not able to find reviews and ratings in Trustpilot, BBB, or even in forums like Reddit or Quora

    At this point we can’t recommend using their services.

    Sites like

    5KFundsUrban Bad Credit LoansSoFi Personal Loan
    Est. APR
    Est. APR
    Est. APR
    Est. Loan Term
    61 days – 72 months
    Est. Loan Term
    18-60 months
    Est. Loan Term
    24-48 months
    Loan amount
    $1,000 – $35,000
    Loan amount
    Loan amount
    Min. Credit Score
    Min. Credit Score
    Min. Credit Score
    Min. income
    $1,200 per month*
    Min. income
    $1,200 per month*
    Min. income
    $3,750 per month
    Details marked with an asterisk (*) are creditpug estimates.

    How to apply for a loan with Fast Loan Advance

    Here’s how you can apply for a loan with The process will take you about 10 minutes if you have all of your information on hand.

    1. Click the VISIT button at the top of the page to start your application.
    2. Select the amount you want to apply for.
    3. Enter your full name
    4. Email and last 4 digits of your SSN
    5. Enter your phone number and select the time of day that your available to for call
    6. After that you’ll need to enter your ZIP code and address
    7. Enter your date of birth
    8. Answer questions about your debt, how much you can afford to pay monthly and if you own your home
    9. Enter your drivers license number
    10. Enter your full SSN
    11. Enter your bank account details

    Wrapping up

    If you have bad credit and are in need of an emergency loan Fast Loans Advance may sound like a good option. However with high origination fees, a lack of online reviews on Trustpilot and BBB we’re not sure this site is legit.

    We recommend erring on the side of caution and applying with one of our best personal loan providers instead.

    Loan amount

    Min. credit score

    Est. APR
    5.99% to 35.99%

    Application simplicity
    User experience
    Customer Service
    2.5 Overall Rating

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    Fast Loan Advance Review