Trusted Quid

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Company Information

  • Company Name:
    Trusted Quid
  • Website Address:
  • FCA IP:
    673703
  • Business address:
    Stadium House Business Centre, Alderstone Road, Livingston, EH54 7DN
  • Phone number:
    0191 450 0015

Trusted Quid (https://www.trustedquid.co.uk/) brands itself as a name you can trust. They are based out of Livingston and operated by the firm Trusted Cash Ltd which is fully authorised and regulated by the FCA. They’ve been around for 5 years and offer short term loans for up to 6 months. As mentioned above, they pride themselves on trust and upon viewing the website you’ll see this becomes immediately apparent.

Each step of the process is explained fully including the loan process and how you go about making repayments and so on. They are also on hand to support your requests via a live chat and telephone number throughout the business day should you have a query.

APPLICATION REQUIREMENTS:

Whilst all applications are passed through a credit check agency, there are some base requirements that all applicants must adhere to. First and foremost, you must be at least 18 years old. That is a given with all payday lenders. Secondly, you must be in full time employment, not on benefits or self employed and you must earn at least £1,000 per month – so the requirements are quite strict on that front. You must also be a permanent resident in the United Kingdom.

LOAN AMOUNT AND CHARGES:

Trusted Quid will borrow you £150 – £1500 (subject to status) however first time users of the Trusted Quid service will typically receive £250 and be limited to a maximum loan of £500. Once you’ve proved your trustworthy however you will be able to apply for more.

There are no hidden fees, charges or application fees associated with any of their loans. You will just be charged the regular interest rate for the term of your loan.

PROCESS:

The loan process is fairly standard and you can complete their online application form in around 10 minutes. Your details will then be checked against a credit reporting agency and you’ll be presented with a loan offer on screen. Should you wish to go ahead with the loan you will more than likely receive the funds same day providing it is before 10pm on weekdays and 6pm on Saturdays.

PAYMENT:

Repayments on your loan are typically made via direct debit via the bank account you specified during the application process. You will be sent a statement 10 days before the direct debit is due and should the direct debit fail your debit card will be used as a backup source of funds.

15 Reviews of Trusted Quid have been submitted - read the latest 3 below

When I went to trusted quid for a loan I was really impressed with how easy it was to take out the loan. I applied online and had the loan paid back into m bank account within a day. I also got to choose the re payment date so I could avoid late fees. Trusted Quid also guarantee no hidden fees with their loans. I wasn't worried about money for one second during my loan process with trusted quid. The loan was so easy that I would definitely do it again through trusted quid. the whole service was really fantastic.

Review posted by MarcusD

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

I needed a loan badly and I was relieved when I found trusted quid. The loan helped me survive to my next paycheck when i didn't think I would even be able to afford a loan. It was really affordable and I was impressed with how easy it was to take out the loan with trusted quid.
I have to say I was really skeptical of loans but the guaranteed no hidden fees and choosing the repayment date made it easy and stress free. The loan was ready to spend less than 24 hours after application. I would definitely use trusted quid again.

Review posted by Micheal64

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

I went to Trusted Quid for a loan by applying online. It only took me 10 minutes to apply and I had the full loan in my bank by the next day. The money saved my cats life as I used the money to pay for an operation. There are absolutely no hidden fees involved with trusted quid loans. The payment date is specified by me during application so I didn't even need to worry about the late fees. The loan overall was very easy to take out and re pay from trusted quid. I would use trusted quid to take out a loan in the future.

Review posted by Samantha988

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