Quick Quid

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Company Information

  • Company Name:
    Quick Quid
  • Website Address:
  • FCA IP:
    673738
  • Business address:
    483 Green Lanes, London, N13 4BS
  • Phone number:
    0808 234 4558

QuickQuid (Quickquid.co.uk) prides itself in providing short-term loans for residents of the United Kingdom, and boasts of being one of the country’s premier online payday lenders. Its tagline is “Quick Loans to Suit You.” QuickQuid is a trading name of CashEuroNetUK, LLC, which is incorporated in the United States and has its head office in Chicago. This lender is notable for providing two borrowing options: FlexCredit, which you must repay between a month and 10 months; and Short-Term Loan, which allows you to borrow up to three pay periods.

APPLICATION REQUIREMENTS:

To apply for a QuickQuid loan, you must be over 18 years of age, have a permanent job, are a resident of the UK, and own a UK bank account with accompanying debit card. You are less likely to be approved if you have bad credit or are underemployed.

LOAN AMOUNT AND CHARGES:

If you are a first-time borrower, you will be allowed to borrow up to £1,000. For existing customers, the maximum loan amount is £1,500. Depending on your credit score, you will pay between £20 and £29.50 for every £100 borrowed. A £12 late fee is accrued with each missed payment.

PROCESS:

Loan amounts and credit limits are determined by your credit history and repayment ability. Upon approval, the funds can be sent to you in as quick as 10 minutes. If your bank does not support Faster Payments, you will receive the funds the same day as long as the approval comes through by 2:30 p.m. In most cases, provisional loan decisions may take up to 30 minutes, since they are subject to verification checks.

PAYMENT:

QuickQuid will debit your bank account or debit card for the full loan amount on the scheduled due date. You can access your account online to change your repayment schedule or payment amount. However, you cannot reduce the amount within two business days prior to the repayment date.

603 Reviews of Quick Quid have been submitted - read the latest 3 below

This might be my first and last payday loan because I only took it out in a real emergency when I needed some extra cash for a friends hen weekend. Some of the other girls were taking out payday loans as well and so I just went along with them and took their recommendation to use Quick Quid. However I have to say that after checking out some other payday loans AFTER I had got my Quick Quid loan I was pleased and a bit relieved to see I had got quite a good deal on my loan. Seems like the other girls know their stuff when it comes to payday loans!

Review posted by Sandi Mitchell, Crowborough

  • Customer Service
  • Flexibility
  • Ease Of Use
  • Value For Money

Its all in the name Quick Quid. I need some extra money in a hurry and Quick Quid do the business and get it to me within a few hours of applying for it. I've only ever once had to wait until the following day for my money and that was my fault for leaving it too late in the day to apply. As a rule I do it as soon as I get to work and most times the money is in my bank account by lunchtime. Can't ask for better than that can you. Even their rates are reasonable so I don't feel like I am paying over the top. I always recommend Quick Quid if my mates ask me which payday lender to use.

Review posted by Lance Jackson, Lewisham

  • Customer Service
  • Flexibility
  • Ease Of Use
  • Value For Money

What I have found is that Quick Quid might be the best lender when it comes to payday loans but they aren't always the best for instalment loans. So what I tend to do is use a different lender if I need to borrow a bit more than I could afford to with a payday loan and have to take out an instalment loan instead. But as most of my loans are only for a small amount to tide me over until my salary hits my bank I usually go with Quick Quid. I like that they can process a payday loan within hours and you are pretty much guaranteed to get you money on the same day you apply if you do it before 2.30pm. That's pretty much all you can ask for from a payday loan and so I'll keep with Quick Quid payday loans for now.

Review posted by Jamie Shipman, Wimbledon

  • Customer Service
  • Flexibility
  • Ease Of Use
  • Value For Money