2339.3%
£80 - £1,000
New customers can borrow up to £300
Existing customers can borrow up to £1,000
Deducted from your debit card
Approved before 8:00pm - same working day
Approved after 8:00pm - next working day
No Fee
None Available
Bank transfer via BACS
No
294th for APR of 423 loans in the UK (See Lender League Table By APR)
147th for Customer Satisfaction (See Customer Reviews)
Speedy Quid offer payday loans that you are to pay back on your next payday. New customers can borrow up to £300 and once you have made full repayment of that loan, you can then apply for up to £1,000. They charge £30 for every £100 borrowed, making them one of the more expensive options on the market.
To apply for their payday loan, you must complete the 3-part application form on their website. They will give you an instant preliminary decision. You will not need to send or fax any documents with your application as the credit check will verify your personal and income details. After your application has gone through this process, they will email you letting you know their final decision. Once approved, your money will be transferred to your account via BACS or CHAPS.
Speedy Quid have been known to tell you that you have been accepted and after sending the documents in, you will hear back from them a couple of days later only to hear that you have been declined. Do not spend the money or think that you have been accepted until the money is actually in your account. They are also known for being really hard to get through to on their phone. They claim their hours are until 8:00pm but speaking with someone past 6:00pm can be difficult.
Please be aware that Speedy Quid acts as a lender but also acts as an affiliate. This means that when you complete your application form, they will tell you if they are able to offer you a loan. If they aren't, they may recommend another company to you. Do not feel as if you have to apply with the suggested company as this may further impact your credit file.
|
Default Fees |
1% charge per day if you do not pay your loan off when you should |
|
Early Settlement Fees |
None |
|
Late Payment Fees |
Late fee - £12.00 |
Average Customer Review:
(4 customer reviews)
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RUBBISH COMPANY
Guest, Ashford
1 year ago
THEY ARE A JOKE.......AGREED MY LOAN CALLED ME ABOUT TEN TIMES, AT WORK, MOBILE AND OFFICE TO TELL ME THAT I HAVE BEEN ACCEPTED AND SIGNED MY CONTRACT AND THAT THE MONEY WOULD BE IN BY 6.... COME 6 CHECKED NO MONEY CALLED JUST AFETR 6 THEY AHBE LEFT THE OFFICE ..SOMEONE SAID AND THEIR WEBSITE SAID 8AM TO 10PM.... FINALLY GOT THEM THE NEXT MORNING ONLY...
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STAY AWAY
Travis, Earls court
1 year ago
Pretty much same as above told me money would be there by 6pm after being approved when i got hold of the next they said sorry they would not lend really take the piss.. DO NOT USE
Company listed as Currently Dormant, by Companies House.
Matthew, Tunbridge wells
1 year ago
Beware - this is currently a Dormant Company, (according to Companies House) . Although their web-site still seems to operate, you will not be able to complete an application before getting an error message.
If you call them, you get some 'Spiel' about a major IT upgrade - but you still have to pay for the call....
Hmm - a tad dodgy, methinks...
I had exactly the same
Phil, Aylesbury
1 year ago
I had exactly the same experience - called me and took all the details I'd already given online - then asked for bank statements which I sent - claimed they couldn't read them so I sent about 3 more times only to be told then I was declined - total waste of time.
Speedy Quid, Cavendish House 369 Burnt Oak Broadway, Edgeware, HA8 5AW
0800 988 4435
0844 836 0799
customerservices@speedyquid.com
