A payday loan, sometimes referred to as a cash advance, is a short-term, small-principal loan used by people just like you for immediate money needs. Ranging from £50 - £1500,† these loans are funded directly into your current account and debited (plus finance charge) upon your next payday.
Who can receive a cash advance?To pre-qualify, just have a valid bank account, be at least 18 years old, receive a regular paycheque or salary and be a resident of the United Kingdom.
How does it work?Just apply online in five minutes from the comfort and privacy of home and receive quick approval¶ without faxing documents. Money will be deposited directly into your current account within 10 minutes§ at no extra cost. Plus, less-than-perfect credit is not a problem!‡ Learn how a cash advance can help improve your credit score.
What happens next?On your next payday, the loan amount and finance charge will be automatically deducted from your bank account. Learn more.
What are the fees associated with a payday loan?With a payday loan from QuickQuid, all fees and charges are upfront, so there are no surprises. Simply visit our Rates & Terms to learn about the fees associated with a payday loan from QuickQuid.
Promo code is valid on initial finance charge only, must be applied at the time of application, and cannot be combined with any other offers or prefered member benefits.
Terms and Conditions apply. Finance charge will be between £10 and £14.75 per £50 borrowed. Representative 1734% APR. Representative example: Borrow £50 for 30 days. The total charge for credit is £14.75. Interest is fixed at a rate of £14.75 per £50 loan (359% per annum). The Total Repayable is £64.75. †Loan amounts are based on consumer's credit history and ability to repay loan. Not everyone may qualify for £1500. Maximum of £1000 for first time customers. §This timer is for illustrative purposes only and is not intended to represent when the funds will be deposited into your account. The timer corresponds to the next available funding start time, which could be your actual funding start time depending on when your loan is approved. Once approved, funds will be sent to your account within 10 minutes. If your bank does not support Faster Payments, funds will only be deposited the same day, if approved by 14:30. Learn more. ‡QuickQuid performs traditional credit checks, while still accepting those with less-than-perfect credit. QuickQuid verifies applicant information via various national databases. ¶Approval may take up to 30 minutes in most cases. Payday advances should be used for short-term financial needs only, not as a long-term financial solution. Customers with credit difficulties should seek credit counselling. 1Approval pending completion of fraud checks.