Fintopi
    Facebook Twitter Instagram
    Fintopi
    • Home
    • Loans
    • Trading Brokers
    • Contact us
    Fintopi
    Home » Honest Review Of The Loans Company: Fast Loan Advance
    Fast Loan Advance Review
    All About Loans
    FinTopiAuthorBy FinTopiAuthorJanuary 13, 2023Updated:June 14, 2023No Comments7 Mins Read

    Honest Review Of The Loans Company: Fast Loan Advance

    Fast Loan Advance WebsiteFastloanadvance.com
    APRs5.99-35.99%
    Loan Amount$100-35,000
    Loan Terms91 day – 72 months
    Origination FeeN/A
    Prepayment FeeN/A
    Immigration Status ConsideredYes
    Employment Statuses Considered     Yes
    Credit Score RangeAny
    Intended UsePersonal Loan
    Joint Loan Applications AcceptedN/A
    Verification Documents Required Yes
    Late FeeN/A
    Minimum Credit ScoreNo demands
    Minimum IncomeN/A
    Loan PurposePersonal use
    Supported Income TypesEmployment or other steady income
    Time to Receive Loan MoneyN/A
    Other RequirementsBeing 18 years old, with a personal bank account

    Fast Loan Advance is one of many websites offering people in need personal loans. These loans can be used for any expense, from paying the bills to treating yourself to something luxurious. No questions asked.

    However, in this case, they’re not a lender but a connection between a lender and a borrower. Thus, we wanted to check is Fast Loan Advance legit and if you can trust them with your personal information.

    Let’s dive into this honest Fast Loan Advance review and see if this should be your website of choice when shopping for a personal loan.

    Table of Contents

    • Is Fast Loan Advance Legit or Scam? Regulation and Security
    • Fast Loan Advance Pros & Cons
    • What Fees Does Fast Loan Advance Charge?
    • Does Fast Loan Advance Charge an Origination Fee?
    • Does Fast Loan Advance Charge a Late Fee?
    • Does Fast Loan Advance Charge Prepayment Fees?
    • Is Fast Loan Advance Reputable?
    • Fast Loan Advance Summary

    Is Fast Loan Advance Legit or Scam? Regulation and Security

    The first thing to check about any business is the owner and other identifiable information. After all, if something goes wrong, you’ll want to be sure you have a way to find the firm. 

    According to its website, fastloanadvance.com is powered by Tpoltech, Inc., with an address in Valencia, CA. Other than that, we have a phone number and email you can use to contact the firm. Hence, a good start. 

    However, here’s where it becomes suspicious. The company is not BBB accredited. BBB, or Better Business Bureau, is a good source for finding information about the business. If the firm is positively rated among consumers, their report will show it. The same states for the opposite case.

    Let’s see what else the cons of this firm are and whether there are any pros.

    Fast Loan Advance Pros & Cons

    In the lending business, there are always pros and cons. They can be related to the lender, the loan itself, or anything else. Let’s see what you will get by being involved with Fast Loan Advance.

    We were unable to find any Fast Loan Advance reviews online. Not only with BBB but everywhere else. As if the firm doesn’t exist at all. Nowadays, a lack of reviews and anonymity is not a good sign for any business. Typically, people with both good and bad experiences will share them to help others. Here, we found radio silence.

    Finally, we found a significant lack of other important information. Besides the address, the firm hasn’t shared details about the business, their experience and expertise, the number of people they’ve been working with, etc. 

    We don’t have a list of their lenders, who they cooperate with, and what your choices are. Not even the slightest indication of whether these lenders are authorized to lend money.

    They haven’t specified how long it takes for the borrower to receive their funds, which is another drawback. You could apply with the bank and wait for the same time while dealing with a credible institution.

    On the positive side, the amount you can borrow goes up to $35,000, and the firm is present in almost all 50 states. Additionally, they allow everyone to apply, regardless of their credit score. Even people with no score at all can apply.

    What Fees Does Fast Loan Advance Charge?

    According to web information, Fast Loan Advance doesn’t charge any fees for its services. This is another suspicious aspect. Even if they’re not the side in the contract (e.g., lender) but just a middleman, why would they run a non-profitable business?

    Since we suspect they’re into charity work, there must be a catch. They could be using your personal information in a way or pretending to connect you with the lender while lending money themselves and avoiding the need for possession of financial regulation.

    Whatever the case, it doesn’t seem safe or credible.

    Does Fast Loan Advance Charge an Origination Fee?

    The origination fee is a word missing from Fast Loan Advance’s dictionary. It’s a fee paid on top of the loan to cover paperwork costs. It can be described as a processing fee. Since the website says there’s no paperwork and their services are free of charge, we will assume they do not take this fee.

    However, without everything in writing, they can simply claim that their lender charges an origination fee, and you may end up paying it anyways.

    Does Fast Loan Advance Charge a Late Fee?

    A late fee is the cost of being late in repaying the loan amount. However, since Fast Loan Advance is not a lender, they cannot charge this fee. On the other hand, their unknown lenders can, and it can be a voluntary decision.

    Often, suspicious loans come with a fine print designed to take from you every penny. We wouldn’t be surprised to learn that, after you sign, there will be various fees, including origination and late fee, that nobody mentioned before.

    Read every document you’re given, and don’t sign on anything before understanding exactly what’s going on. This is for your own safety.

    Does Fast Loan Advance Charge Prepayment Fees?

    A prepayment fee is due if you pay your loan before the term. Suppose you agree on a 36-month loan, but you wish to repay the entire sum after 24 months. Since the lender loses all the interest that’s due in the remaining 12 months, it should be covered by the prepayment fee.

    However, this fee is another thing that is absent from the website in question. Simply said, all your fees are subject to the agreement between Fast Loan Advance and the lender, and you will receive the information once you have already submitted all your personal details.

    It’s starting to look a bit like a phishing scam here.

    Is Fast Loan Advance Reputable?

    In order for a company to be reputable, it needs to be known among customers. As mentioned, we were unable to find Fast Loan Advance with BBB or any other website for reviews. Thus, the best description of the company’s reputation is – it doesn’t exist.

    And when a financial institution has no credibility, you should avoid it. It’s the safest way to keep your money. While traditional banks and credit organizations may have rigorous demands and what seem to be less favorable terms, at least you’ll be sure that your private data is safe and that nobody will vanish after you pay this or that fee.

    Fast Loan Advance Summary

    Let’s summarize what we know and answer is Fast Loan Advance safe.

    • The owner is Tpoltech Inc., registered in Valencia, CA, but not accredited by BBB or any other consumer protection institution.
    • We’re missing details about lenders they work with and specific fees, such as late or origination fees.
    • We were unable to find any reviews about the business online.
    • Credit requirements are not explicitly listed.

    All this can lead to the conclusion that you may be dealing with a loan scam. In such a case, you should file a report to all the relevant authorities, including those protecting borrowers from bad loans.

    FAQ

    What is Fast Loan Advance?

    Fast Loan Advance is a website that should connect lenders and borrowers interested in personal loans up to $35,000.

    Who owns Fast Loan Advance?

    Fast Loan Advance is owned by Tpoltech, Inc. and registered in Valencia, California.

    Is Fast Loan Advance a legitimate company?

    Fast Loan Advance is not a BBB-accredited business and is not registered anywhere else.

    Want to trade?

    Wondering how to know if your broker is safe? How to avoid dealing with swindlers? We'll help you find the best broker that suits your trading style and skill level.

    Fill out the form to find the perfect broker for your trading needs! 100% Free advice.

    Auto Loans By State
    ‎Home Equity Loans By States
    ‎Mortgages By States
    ‎Personal Loans By State
    ‎Student Loans By State
    Auto Loans By State
    AL
    AK
    AS
    AZ
    AR
    CA
    CO
    CT
    DE
    DC
    FL
    GA
    GU
    HI
    ID
    IL
    IN
    IA
    KS
    KY
    LA
    ME
    MD
    MA
    MI
    MN
    MS
    MO
    MT
    NE
    NV
    NH
    NJ
    NM
    NY
    NC
    ND
    MP
    OH
    OK
    OR
    PA
    PR
    RI
    SC
    SD
    TN
    TX
    UT
    VT
    VI
    VA
    WA
    WV
    WI
    WY
    ‎Home Equity Loans By States
    CA
    CO
    CT
    DE
    DC
    FL
    GA
    HI
    ID
    IL
    IN
    IA
    KS
    KY
    LA
    ME
    MD
    MA
    MI
    MN
    MS
    MO
    MT
    NE
    NV
    NJ
    NM
    NC
    ND
    OH
    OR
    PA
    RI
    SC
    SD
    TN
    UT
    VA
    WA
    WI
    WY
    ‎Mortgages By States
    WY
    WY
    WY
    CA
    CO
    CT
    DE
    DC
    FL
    GA
    HI
    ID
    IL
    IN
    IA
    KS
    KY
    LA
    ME
    MD
    MA
    MI
    MN
    MS
    MO
    MT
    NE
    NV
    NJ
    NM
    NC
    ND
    OH
    OR
    PA
    RI
    SC
    SD
    TN
    UT
    VA
    WA
    WI
    WY
    ‎Personal Loans By State
    CA
    CO
    CT
    DE
    DC
    FL
    GA
    HI
    ID
    IL
    IN
    IA
    KS
    KY
    LA
    ME
    MD
    MA
    MI
    MN
    MS
    MO
    MT
    NE
    NV
    NJ
    NM
    NC
    ND
    OH
    OR
    PA
    RI
    SC
    SD
    TN
    UT
    VA
    WA
    WI
    WY
    ‎Student Loans By State
    CA
    CO
    CT
    DE
    DC
    FL
    GA
    HI
    ID
    IL
    IN
    IA
    KS
    KY
    LA
    ME
    MD
    MA
    MI
    MN
    MS
    MO
    MT
    NE
    NV
    NJ
    NM
    NC
    ND
    OH
    OR
    PA
    RI
    SC
    SD
    TN
    UT
    VA
    WA
    WI
    WY
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    FinTopiAuthor
    • Facebook
    • Twitter
    • LinkedIn

    The FinTopiAuthor, who prefers to remain anonymous for now due to privacy reasons, has a bachelor’s degree in finance and over 10 years of experience in financial planning and bank loans. For the last 3 years, they’ve been working as a freelance copywriter in the niche of financial products, investing, and money lending, with the special attention to pros and cons of different loan types. Besides an interest in financial topics, they’re keen on traveling and various adventures.

    Related Posts

    Cuso Mortgage Review – Can You Depend on Their Advice?

    May 14, 2023

    Metro Credit Union Mortgage Review – Is it a Secure Option for Your Money?

    May 13, 2023

    Lyons Mortgage Services – An Overview of Services and Reputation

    May 12, 2023

    ‎Auto Loans In West Virginia

    January 27, 2023
    Add A Comment
    Leave A Reply Cancel Reply

    Table of Contents

    Table of Contents

    • Is Fast Loan Advance Legit or Scam? Regulation and Security
    • Fast Loan Advance Pros & Cons
    • What Fees Does Fast Loan Advance Charge?
    • Does Fast Loan Advance Charge an Origination Fee?
    • Does Fast Loan Advance Charge a Late Fee?
    • Does Fast Loan Advance Charge Prepayment Fees?
    • Is Fast Loan Advance Reputable?
    • Fast Loan Advance Summary

    You Lost Money?

    Get Your Money Back

    Copyright © 2022-2023 Fintopi. All trademarks are the property of their respective owners.

    What's Hot

    Exteom Review: EU Traders Are Lured in Fraud Again
    June 14, 2023
    Immediate Edge Review: No Regulation, No Сonscience
    June 13, 2023
    When Is the Best Time to Buy a Car? A Comprehensive Guide
    June 12, 2023

    Company

    • Homepage
    • Sitemap
    • Privacy Policy
    Disclaimer: We do our best to ensure that the information on our site is up to date and accurate. This information may differ from what you see on the websites of the companies we mention. All products and services are provided without warranty of any kind. When evaluating offers, you should check the terms and conditions of the product and/or company and/or company. Trademarks, product names, logos and others mentioned on Fintopi are the property of their respective owners. The information we present is for educational purposes only and you should consult with a licensed financial professional before making any financial decisions.

    Type above and press Enter to search. Press Esc to cancel.