819.12% - 2222.46%
1734%
£50 - £1,500
Minimum Term 8 days
New customers up to £1,000 - 60 days
Existing customers up to £1,500 - 60 days
Deducted from your debit card
Direct Debit
Between 3am and 10pm - paid out within one hour
Between 10pm and 3am - next working day
No Fee
Extensions can be requested until 5:00pm, 3 business days before the due date of your current loan
Transferred into your bank account
No
284th for APR of 423 loans in the UK (See Lender League Table By APR)
79th for Customer Satisfaction (See Customer Reviews)
QuickQuid can lend you between £50 and £1,000 if you are a new customer. Once you prove you can pay these amounts back without any problems, they will lend you up to £1,500. The loan is to be repaid on your next payday but if you wish to roll-over the loan to the following payday, you must pay the interest for that month.
You can apply online or over the phone with QuickQuid. To apply, you need to complete their online application form. When it's completed, they will give you a provisional decision. They don't usually ask for documentation but you may need to if your application is referred. The amount you pay back will be determined at application stage as there are three tiers you could fall into. What tier you are put in will depend on your previous credit history, your employment history and your loan repayment history. They will perform a credit check on you. Once finally approved, they will contact you to inform you. The money should be in your account on the same day if the application is finished by 10pm. If not, it will be paid the following working day.
Excellent Tier - charged £20 per £100 borrowed
Good Tier - charged £25 per £100 borrowed
Average Tier - £29.50 per £100 borrowed
Your credit history will determine what tier QuickQuid put you in. Flexible repayment options are available where you can roll the loan over to the next month if you are going to struggle making the full payment. A finance charge will be applicable but will be no more than £15. The customer reviews on the web on the whole are good though they are known to send a lot of emails, texts, etc. If you don't want any of that than make sure you can opt out of it. Also, they have been known to take extra payments from your debit card not on the dates agreed, leaving people over drawn and without any money. Ensure that you know exactly when money is going to be taken out of your account and ensure that there is sufficient money in your account that day.
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Early Settlement Fees |
They will give you a discount for settling early |
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Late Payment Fees |
Missed Payment - £12 Cancelling your Direct Debit and failing to make payment by alternative methods - £20 |
Average Customer Review:
(26 customer reviews)
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Isabella, Northamptonshire
8 months ago
Borrowed from Quickquid about 5 months ago and they let you defer the loan for 6 months. Do not ad extras like Wonga (who I would nt recommend) and their rates for deferring are very reasonable. Money was in the bank the quickest of them all. Would definately recommend.
bull
James, Billingham
11 months ago
A load of **** pay 50 pound for nothing
AVOID
Jimmy, Manchester
1 week ago
Been an on and off customer for around two years.
Never took that much out as a loan, just enough to get me through some tight months.
Lost most of my hours at work so I couldn't make my repayment on time (one off as I have secured a new job) I explained this to a (shoddy) collections assistant and even though I have been a very good customer and made all previous repayments on time to the full amount they took £170 pound out of my account leaving me with £10 to last three weeks.
I can't get to work now - possibly leading to more debt, meaning I can't make a subsequent repayment to them.
So in essence they have shot themselves in the foot by being greedy money-grabbing thieves. If they sorted an amicable short term payment plan then this would of been avoided.
They don't care about your circumstances
They will go into your account and take all your money without consent
AVOID
Not quick at all!
Unimpressed., London
2 weeks ago
They do not live up go what they say in their commercials, waited ages for a response. Received neucience emails asking for bank statements ect when I was told that I had already been approved, and signed an online contract which I didn't understand. Won't be using them again. Not reliable. And very slow!
A racket n all but name
Freederick, Blackpool
1 month ago
[Text edited by Research team] This lender of last resort should be amde illegal - this is nothing short of loan sharking run by a bunch of venture capitalsit gangster who's ONLY purpsose is to make themselves even richer on our financial misfortune caught up in and an economy rapidly going down the drain - resist the temptation toborrow from these gangsters if at all possible!
QuickQuid, 483 Green Lanes, London, N13 4BS
0808 234 4558
0808 101 1380
support@quickquid.co.uk
Quick Quid Debt Help
http://www.debt-line.org.uk/QuickQuid
