QuickQuid is one of the leading lenders within the UK, along with Lending Stream so if you are looking for a direct quote from them, please visit their website, however, if you are looking for loans similar to Quick Quid? Read on to see how My Quick Loan could help you, and how it might benefit you by applying through an introducer like ourselves.
Applying through My Quick Loan is slightly different to applying through Quick Quid. With QuickQuid your application will be seen by just QuickQuid. With My Quick Loan, your application will be seen by around 40+ lenders in the UK, by using software that automatically matches you to the best loan available to your circumstances. This is done by finding a lender that is willing to borrow to you, that also offers the lowest amount of interest.
We can help customers borrow up to from £100 to £5,000 for over 5 years.
We are an introducer and not a direct lender.
If you are looking for a QuickQuid alternative we can help, as stated above, our partner works with over 40+ lenders so this increases your chance of getting a loan. However, there is no guarantee you will be accepted, as this will depend on your credit history.
Having bad credit shouldn’t get in the way of you applying for credit but please be aware, that as this is a higher risk for lenders, rates will be higher. Please make sure you can make the repayments before accepting any loan offer.
This all depends on you. If you have bad credit, then you might have a higher chance of getting accepted by applying through My Quick Loan.
Looking for the lowest rates? Then it might also benefit from applying through My Quick Loan as you will get the lowest rates from 40+ lenders instead of just 1 lender.
If you don’t want to use an introducer and want to go straight to the lender, then we recommend you apply straight through QuickQuid.
QuickQuid are one of the UK’s leading payday loan lenders. They help customer borrow between £50 to £1,000 with repayments over 1, 2 and 3 months. Their repayment options work slightly different to other typical payday loan companies.
Who are QuickQuid owned by?
QuickQuid is owned by Enova International, which operates over 11 brands in 6 different countries. Their headquarters are based in London and have been situated there since they were founded more than 10 years ago.
QuickQuid takes up the majority of the UK’s short term loan borrowing and since their biggest competitor Wonga has ceased to trade, they’re heading for becoming the largest short term lender in the UK along with Satsuma, Sunny, Amigo Loans and Pounds To Pocket.
Can existing customers borrow more?
Yes – Quick Quid allow previous customers of theirs to borrow up to £1,500 as long as you met all of your previous repayments in full and on time. This is also subject to affordability checks.
What is the QuickQuid Interest rate
According to their website
“Representative Example: Amount of credit: £300 for 65 days with one repayment of £78.00 and one repayment of £378.00. Total repayment: £456.00. Interest: £156.00. Interest rate: 292% pa (fixed). 1294.1% APR Representative.”
If you choose to repay your loan within 1 month, then your first and only repayment will be the full loan amount plus any interest that has occurred.
However, should you wish to spread your repayments over three months, then your first and second payments will be the interest payable on the loan and with the full loan amount repaid as your final payment.
So if you’re looking for a larger amount to borrow QuickQuid loans may not be the best option for you.
How long does QuickQuid take to process payments?
According to their website, loans usually take around 30 minutes to be transferred in your bank account.
What are the eligibility requirements for a QuickQuid Loan?
According to their website you need to be:
- 18 years old+
- Have a regular income
- Be a resident in the UK
- Also, have a valid UK bank account
What is their loan process?
QuickQuid has 3 simple steps:
- Apply for loans up to £1000 (£1500 for existing customers)
- If approved your cash will be sent in 10 minutes*
- Repay over a 1,2 or 3 pay periods, if eligible.
Can you top up your Quick Quid Loan?
Yes, you can apply for a top-up via their website. You need to have an active loan with them, however, you will have to pay back the original loan amount back plus interest and any fees.
Quick Quid Extensions
They do offer extensions for customers. You will need to login and apply for an extension. This is certainly worth doing. Do not just ignore the repayment. Always get in contact with the lender first if you are struggling to make the repayments.
Looking for a QuickQuid Flexi Credit
QuickQuid used to offer a product called QuickQuid Flexi Credit, however, according to the Flexi Credit website they have now stopped this service.
We’ve done a bit of research into QuickQuid reviews and they have had a number of mixed reviews from 1* to 5*. We’ll look at Trust Pilot reviews first.
Trust Pilot Reviews
Trust Pilot is one of the leading review platforms. According to their website, Quick Quid has had over 450 reviews.
- Excellent reviews – 37%
- Great reviews – 7%
- Average reviews – 3%
- Poor reviews – 5%
- Bad reviews – 48%
As you can see the majority of the reviews are bad. Which isn’t a good sign. However, according to reviews.co.uk another leading review website the story is slightly different
According to reviews.co.uk QuickQuid have received over 2,000 reviews. Here are the results:
- 5* reviews – 71%
- 4* reviews – 10%
- 3* reviews – 2%
- 2* reviews – 4%
- 1* review – 13%
As you can see these results are very different to Trust Pilots reviews of Quick Quid.
QuickQuid has had a number of good reviews, however, they have also had a number of bad reviews. Unfortunately, in this industry because of the high rates it is quite hard to get all your reviews ‘excellent’.
You can get in contact with QuickQuid in a number of ways:
Quick Quid Email address – email@example.com
QuickQuid Address – QuickQuid, PO Box 74347, London, EC1P 1YZ.
QuickQuid Contact number – 0800 056 1515
QuickQuid Login – If you are trying to Login to QuickQuid, Login via the QuickQuid website here
Twitter – QuickQuid is very active on Twitter with over 1,400 followers and also over 2,800 tweets.
Here you’ll find recent news articles about QuickQuid
Payday Lender faces complaints bill for millions
Date – 12/9/18
According to the Guardian:
“The company behind the payday lenders QuickQuid and Pounds to Pocket faces a potential multimillion-pound bill after consumer complaints against it almost quadrupled in a year.
CashEuroNet UK, which is owned by a US company, has become one of Britain’s most complained-about financial firms, attracting 4,692 complaints to the Financial Ombudsman Service during the first six months of 2018.”
Read the full story here – https://www.theguardian.com/money/2018/sep/12/casheuronet-uk-payday-lender-faces-multimillion-pound-bill
Inside these iconic tv homes, including Eastenders, Peaky Blinders and Luther
Date – 20/4/19
According to the Liverpool Echo:
Intricate 3D floor plans of homes from hit dramas and comedies like Peaky Blinders, Luther and Only Fools and Horses have been put together by money lending company QuickQuid.
And you can have a look at every detail from the placing of the kettle in Walford’s favourite pub to Jim and Barbra’s avacado- coloured loo.
Scroll down to take a peek inside some of the nation’s favourite TV homes.
A spokesperson for QuickQuid said: “This project was commissioned by QuickQuid, with the objective of paying homage to some of the UK’s most popular TV shows and inspiring homeowners by introducing new ways of thinking about the spaces in their homes”
Read the full story here – https://www.liverpoolecho.co.uk/news/tv/gallery/inside-iconic-tv-homes-including-16144055