Fasta Loans

Fasta loans processes a loan very fast and is easy to apply but before receiving the loan you must accept there debit order mandate. So you give them the date when your salary is paid in to your account and request that the debit order goes off that day. According to their mandate, the deduction will go off the day you get your salary. I get my salary the very last day of each month. Fasta starts deducting on the 16th of the month when there is mo money in my account.

I sent them 4 emails requesting for the deduction to go off the last day of the month. Fasta rep**** to my emails and said they would correct it. This month they deducted on the 30th and I got paid on the 31st, so my debit order returned again. Now this affects my credit score.

I have settled my loan with them and will never apply through Fasta again. People should be aware of this issue before they decide to apply with them.