About Mobile Quid
Mobile Quid is a lender that specialises in loans for £100 over a 7 day period. The aim of Mobile Quid is to offer small value loans that are easy and quick to access, they aim to get you your funds within two hours of applying. You can also reapply as many times as you like as long as you pay back your previous loans with them on time. The cost for the credit works out at that you will pay £112 when borrowing £100 over a 7 day period.
The application process is fairly simple. You have to first complete a one-off sign up form which can be found on their website, they will ask for your personal details at this stage such as: income details, address details and bank details etc. You may need to send them copies of your bank statements from the last 3 months. Once you are registered you need to send a text with your PIN number (will have been sent to your email) to 88080. Once this text is sent, you will get access to your credit agreement which you will need to sign. When you are accepted, they will notify you via email and text message and the funds will be transferred instantly.
This is a pretty unique company. Once you are registered with them you can apply for as many £100 loans as you like, you can only have one at a time but if you repay it on time, then all you need to do to get another £100 is send a text, then within minutes you will have it in your account.