How It Works

QuickQuid is dedicated to offering the fastest and most hassle-free lending available. Our simple loan process is designed to get you the money you need, when you need it most. Here’s how it works:

1. Apply

   Apply online with our simple two-step application

2. Approved

   Receive quick approval^¶ without faxing documents

3. Funded

   Money deposited in your bank account today^§

Loan Requirements

You must satisfy the following requirements to receive a payday loan from QuickQuid:

FAQ

Five most popular How it Works questions.

How much money can I receive?

Your first QuickQuid loan is based upon the information you provide in your loan application. After successful repayment of your loan, we may increase your loan amount on future QuickQuid loans. The maximum loan amount for United Kingdom residents will be £1500^†. New customers can qualify for a loan amount up to £1000^†.

When will I receive my loan?

In most cases, your application will be processed within 30 minutes from the time it has been received. If approved before 14:30, you may receive same-day funding^§. All loans approved after 14:30 will be funded on the next working day.

How do I pay my loan in full on the first payment date?

Simply login to your personal account and choose the earlier payment date in the Loan Due Date dropdown. You may also request early repayment by contacting our Customer Service Team below.

Email: support@quickquid.co.uk
Direct line: 0808.234.4558

How do I extend or pay my loan later?

Loan extensions are granted at the discretion of QuickQuid. To determine if you are eligible for an extension, please visit the Rates & Terms page. To pay your loan later online, please:

1. Login to your customer profile
2. Click on the PAY MY LOAN link* from your from your loan history or loan details page
3. Verify your next two pay dates are correct. If they are incorrect, click on the EMPLOYMENT link under PROFILE OPTIONS to update your pay dates. Then start the extension process over
4. Select your later repayment option(s) and enter any additional payment on the loan principal (this will reduce the finance charge on your extension)
5. Review and electronically sign the new loan agreement

To extend a loan, the finance charges for the original loan must first be paid on the original due dates. After paying the original loan finance charges, you will be contracted for an additional loan, for which you will be charged additional finance charges. The length of the extension will be governed by your pay dates and the rules displayed on the Rates & Terms page. The extension finance charge is calculated the same as the original loan finance charge. Finance charges for loans and extensions are also found on the Rates & Terms page.

Email: support@quickquid.co.uk
Direct line: 0808.234.4558

*Extensions can be requested until 17:00, three business days before the due date of your current loan. You can also request an extension by contacting our Customer Service Team above. If you request an extension by phone or email, you must still return to your customer account page to sign the loan agreement. The extension will not take place without a signed loan agreement.

What are my repayment options?

If you are applying for a new loan, you have 2 repayment options which are listed on the new loan request section as a part of your application.

• By choosing the 2-period repayment option, you will have a longer payback period. Your repayment will include a mid-loan fee debited on your first due date and the loan amount and finance charge debited from your bank account on your second due date.
• By choosing the 1-period repayment option you will pay both the loan amount and finance charge on your first due date only.

If you have an outstanding loan, you may be eligible for a repayment extension. If so, you will see a PAY MY LOAN LATER button on your loan history page, located within your personal account. This option will extend your due date for loan repayment by one or two pay periods.

We will always send a reminder email one or two days prior to your due date. Contact our Customer Service Team to discuss your repayment options further.

Email: support@quickquid.co.uk
Direct line: 0808.234.4558

Loan Funding Schedule

31 Today is: Saturday, 31 July

Loans approved before 14:30 will be funded on:Monday, 2 August

Loans approved after 14:30 will be funded on:Monday, 2 August