Fast Loan Advance Rates and Fees, Explained
Every cost, in plain English, before you borrow. APRs from 5.99% to 35.99%, no application fee and no prepayment penalty.
- APR 5.99% to 35.99%
- No fee to apply or check your rate
- No prepayment penalty
Fact-checked by the Fast Loan Advance Editorial Team. Updated October 17, 2026.
Fees at a glance
| Fee | Amount | When it applies |
|---|---|---|
| Application fee | $0 | Never |
| Rate check | $0 | Never, and it uses a soft credit inquiry |
| Origination fee | Up to about 5% | Some loans; disclosed before you sign |
| Prepayment penalty | $0 | Never |
| Late fee | Varies by lender and state | Only if a payment is late; listed in your agreement |
| Returned payment fee | Varies by lender and state | Only if a payment is returned; listed in your agreement |
Rates and terms by loan type
| Loan type | Amount | Term | APR |
|---|---|---|---|
| Personal loans | $500 to $5,000 | 6 to 48 months | 5.99% to 35.99% |
| Bad credit loans | $200 to $5,000 | 3 to 36 months | 5.99% to 35.99% |
| Emergency loans | $200 to $5,000 | 3 to 36 months | 5.99% to 35.99% |
| Cash advance loans | $200 to $2,500 | 3 to 24 months | 5.99% to 35.99% |
| Short-term loans | $200 to $3,000 | 3 to 12 months | 5.99% to 35.99% |
| Debt consolidation | $1,000 to $5,000 | 12 to 48 months | 5.99% to 35.99% |
| Credit card consolidation | $1,000 to $5,000 | 12 to 48 months | 5.99% to 35.99% |
Typical APR by credit score
Lowest rates and largest amounts.
Regular approvals at mid-range rates.
Income and banking history carry more weight.
Typical ranges, not guarantees.
Representative examples
Each includes a 5% origination fee added to the loan balance.
| Example | $500 | $1,000 | $2,500 | $5,000 |
|---|---|---|---|---|
| APR | 35.99% | 29.99% | 19.99% | 12.99% |
| Term | 6 months | 12 months | 24 months | 36 months |
| Origination fee | $25.00 | $50.00 | $125.00 | $250.00 |
| Monthly payment | $96.91 | $102.36 | $133.59 | $176.87 |
| Total of payments | $581.47 | $1,228.28 | $3,206.13 | $6,367.25 |
What APR means and why it matters
APR, or annual percentage rate, is the yearly cost of borrowing including interest and certain fees. The Truth in Lending Act requires lenders to disclose it so you can compare loans on equal terms.
A low monthly payment can still be expensive if the term is long. Always compare the total of payments, not just the monthly amount. Try different terms in our loan calculator.
Some states cap interest rates below our 35.99% maximum, and others limit loan sizes or terms. Your offer always follows the law where you live.
Rates and fees FAQ
What APR does Fast Loan Advance charge?
APRs range from 5.99% to 35.99% depending on your credit, income, loan amount, term and state.
Is there a fee to apply?
No. Applying and checking your rate are free.
Is there an origination fee?
Some loans include an origination fee, typically up to 5% of the loan amount, which may be added to your balance. It's disclosed before you sign.
Is there a prepayment penalty?
No. You can pay off your loan early at any time without a penalty.
Why is my APR higher than the lowest advertised rate?
The lowest rates go to borrowers with strong credit and income. Lower scores, smaller loans and some state rules lead to higher APRs.
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