QuickQuid Review


Company Name: Quickquid.co.uk

Trading name of:CashEuroNetUK LLC

Registration Number: 603395

FCA permission Number: 603395

Representative APR: 1,294.1%

Maximum Loan Amount: £1,000

Loan Term: 1, 2 or 3 months

Cost to Borrow £100 for 30 Days: £24

Representative Example: Amount of credit: £200 for 28 days. One total repayment of £244.80. Interest: £44.80. Interest rate: 292% pa (fixed). 1294.1% APR Representative.

Hidden Fees:NO

Promo Code: NO

Contact: support@quickquid.co.uk / 0808 234 4558 / A live chat is available via quickquid.co.uk

Requirements to apply: you must be at least 18 years old, be a UK resident with a UK bank account, have an active debit card, a mobile number and an e-mail address. You also need to have a regular monthly income.

About: QuickQuid is one of the most famous and established payday lenders in the UK. They offer loans of up to £1,000 for new clients and up to £1,500 for existing clients (provided you are eligible for those amounts). If you are approved for a loan, you will have to repay it over 1 to 3 periods of 30 days, that is within 30, 60 or 90 days. The cost for a £100 loan for a term of 30 days is £24 ; so in total you will have to repay £124 at the end of the 30 days period.

The process to apply for a loan is straight forward. You register via their online form and select the desired loan. They will let you know instantly in most of the cases whether you are approved and for which loan amount and term. In case you are eligible and you agree with the loan conditions, you should receive the funds in your bank within 10 minutes (*In most cases a loan decision may take up to 30 minutes. If your bank does not support Faster Payments, funds will be sent to your account the same day as approval as long as you’re approved by 14:30).
You can decide to repay early at no extra cost.

If you miss a payment, a late fee of £15 will be added to the overall due amount and interest will continue to accrue at the same rate as your contractual rate on the outstanding principal. So, before applying make sure you will be able to repay and have the money in your bank account at the repayment date for each period.

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