QuickLoanShop Review

Company Name:TheQuickLoanShopLtd.co.uk

Trading name of: The Quick Loan Shop Ltd

Registration Number: 08046177

Credit Licence Number: 650559/1

Representative APR: 1,269.7%

Maximum Loan Amount: £2,000

Loan Term: 31 days - 12 months

Cost to Borrow £100 for 31 Days: £24

Representative Example: Borrow £100 for 31 days. Amount payable: £124. Interest £24. Interest rate: 295% p.a. APR: 1269.7%. 0.8% interest per day – no other charges at all.

Hidden Fees: none (registration is free, no processing fees)

Promo Code:  No

Contact: admin@thequickloanshopltd.co.uk

About: TheQuickLoanShop.co.uk provides payday loans of £100 to £2000 for a term of 31 days for payday loans (date to be agreed on your next payday) and up to 12 months for instalment loans. You repay £24 for each £100 borrowed.

Key Feature: No Continuous Payment Authority. You manage your repayment directly.

The online application only takes a few minutes and is completely free. Once approved you will receive a confirmation email and the amount desired will be within your bank the same day.

Like the vast majority of the UK lenders, you need to be at least 18 years old, be a UK resident, be employed and have a UK bank account to apply.

They do conduct credit checks but will also take into account your own criteria to approve or decline your application.

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