Unlock the Truth: Simple Fast Loans Reviews Exposed!

Simple Fast Loans Reviews: When it comes to securing financial assistance, the loan application process can be both time-consuming and confusing. In this review, we explore Simple Fast Loans, a short-term lender that provides installment loans, lines of credit, and title loans.

We’ll dive deep into the company’s product offerings, pros and cons, state availability, and the application process, as well as compare it to alternatives in the market. Our goal is to provide you with a rich and comprehensive understanding of Simple Fast Loans, allowing you to make an informed decision.

Simple Fast Loans Reviews Product Overview

Simple Fast Loans offers three primary loan products:

  1. Installment Loans: Borrowers can secure between $200 to $3,000 with loan terms ranging from three to 12 months.
  2. Lines of Credit: Available in select states, providing flexibility to draw funds as needed.
  3. Title Loans: A secured loan option available to residents of Arizona, leveraging a vehicle title as collateral.

While Simple Fast Loans caters to borrowers in need of quick funding, their loan terms, interest rates, and fees are not immediately transparent. Customers must apply for preapproval to receive rate information, which we’ll discuss further in this review.

State Availability and Loan Services

Simple Fast Loans offers installment loans in 10 states:

  • Delaware
  • Idaho
  • Mississippi
  • Missouri
  • Nevada
  • New Mexico
  • South Carolina
  • Texas
  • Utah
  • Wisconsin

Lines of credit are available for residents of Alabama and Tennessee, while title loans are offered to residents of Arizona.

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Pros and Cons of Simple Fast Loans

When considering a lender, it’s essential to weigh the advantages and disadvantages:


  • Same-day Funding: Qualifying borrowers may receive funds the same day they apply.
  • Bad Credit Acceptance: Simple Fast Loans considers applications from individuals with poor credit.
  • No Minimum Income Requirement: The lender does not enforce a strict income threshold for approval.


  • Website Navigation Issues: Users report difficulty finding relevant information on the company’s website.
  • Lack of Fee and Interest Transparency: Preapproval is required to view potential rates.
  • Customer Complaints: A notable number of complaints have been lodged against Simple Fast Loans.
Same-day funding availableWebsite is difficult to navigate
Bad credit OKNot transparent about fees or interest
No set minimum income requirementHigh volume of customer complaints
Simple Fast Loans Reviews

Safety and Security of Applying with Simple Fast Loans

Despite some concerns about transparency, Simple Fast Loans maintains a secure website and a clear privacy policy. The company assures customers that their information won’t be sold, though it may be shared with affiliated partners. Users have the option to opt-out of such sharing by contacting Simple Fast Loans through phone or email.

Application Process for Simple Fast Loans

To apply for a loan with Simple Fast Loans, follow these steps:

  1. Visit the Website: Access the Simple Fast Loans application page on their official website.
  2. Provide Personal Details: Enter your Social Security number, date of birth, and driver’s license number.
  3. Enter Contact Information: Include your address, time at residence, and phone number.
  4. Specify Employment and Financial Information: Select your employment status and provide details about your income and bank account.
  5. Choose Loan Purpose: Define why you’re seeking the loan and review the lender’s disclosures.
  6. Approval and Funding: Once your application is submitted, Simple Fast Loans will inform you of your approval status. If approved, you can finalize documents and receive funds within a few business days.
ProductMin. AmountMax. AmountLoan TermTurnaround Time
Installment Loans$200$3,0003 months to 1 yearSame or next business day

Required Documents for Loan Application

To get started, you’ll need:

  • Government-issued photo ID
  • Recent pay stub
  • Proof of checking or savings account
  • Social Security number
  • Date of birth

After Receiving an Installment Loan

Upon securing an installment loan, you’ll need to start making payments. Log in to your Simple Fast Loans account and enter the required information to make payments. Although only minimum monthly payments are required, it’s recommended to pay more than the minimum to reduce interest costs over time.

Comparing Simple Fast Loans to Alternatives

Before committing to Simple Fast Loans, it’s essential to explore other providers that might offer more transparency in terms of rates and fees. Many lenders offer pre-approval options that allow you to preview potential terms without affecting your credit score.

Check this also: SoFi Loans Reviews


Simple Fast Loans provides a valuable service for borrowers with bad credit in need of quick funding. However, the lack of transparency regarding fees and interest rates can be a significant drawback. By weighing the pros and cons and comparing alternatives, you can make an informed decision that best suits your financial needs.

How long does Simple Fast Loans take to process?

The turnaround time for processing a loan application with Simple Fast Loans can be as quick as the same or next business day. The exact timeframe may vary depending on the completeness of your application and the lender’s internal processes.

Does Simple Fast Loans check your credit?

Simple Fast Loans may conduct a credit check as part of the loan application process. However, the lender is known for working with borrowers who have bad credit, indicating that they may have more flexible credit requirements.

Is Loan Simple legit?

Loan Simple is a different entity and should not be confused with Simple Fast Loans. Loan Simple is a mortgage company that specializes in home loans, while Simple Fast Loans is a short-term lender offering installment loans, lines of credit, and title loans.

Make sure to research both companies separately to determine their legitimacy and suitability for your financial needs.

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