Warning: Late repayment can cause you serious money problems. For help, go to moneyadviceservice.org.uk.
Representative Example: Amount of credit: £250 for 74 days with one repayment of £74.00 and one repayment of £324.00. Total repayment: £398.00. Interest: £148.00. Interest rate: 292% pa (fixed). 1300.5% APR Representative.
Cheap Loans an Option?
Payday loans may be a more expensive loan option than other traditional loans, however, for a variety of reasons one may not have access to traditional credit. Cheap loans aren't easy to find. A typical APR for a payday loan ranges from the three to four digits. Even though they are not cheap, payday loans, in certain circumstances, can sometimes be the tool that allows you to get back in the game if used responsibly. Payday loans are convenient, short-term loans meant to provide cash that can cover your expenses between paycheques, if approved.
Attention: Customers Looking for the Cheapest Loans in the UK
Make sure you find a loan that will work for you! Many individuals who find themselves in need of urgent, emergency funding can end up making things worse if they don't find the right lender. While speed is a factor in an emergency, it's just as important to ensure that a lender has your best interests in mind. While payday loans are not the least expensive lending option, QuickQuid does send the funds to approved customers within 10 minutes after approval.§
What Is a Payday Loan?
Payday loans are there because sometimes they’re exactly what people need. If you've ever had a financial emergency, you know that there are unexpected expenses that just can’t wait. For example, you may rely on your auto to get to work each day, but you parked in a disabled parking space and didn't notice the sign. How do you get cash to bail it out of the car pound? Perhaps your dog or cat swallowed something, and you can’t wait for your paycheque to get it to the veterinarian. Pay day loans can help bridge the gap between paycheques so you can take care of life’s immediate expenses, if approved.
The QuickQuid Option
QuickQuid is a direct lender, and our loans go a step further. Our payday loans are clear, our application process is uncomplicated and we offer deposits to your bank account at no extra cost, if approved. Here’s how it works:
- For a Quickquid loan, just visit our site at any time, 24 hours a day, 7 days a week, and fill out our simple online application. There’s no waiting in queue, and you can apply from the comfort and privacy of your home.
- Our Customer Support department is available seven days a week via phone, email or live chat.
- Your application is processed, which usually takes no more than 30 minutes.¶
- If approved, cash will be deposited directly into your current bank account within 10 minutes after approval.§
You are not alone in needing a temporary financial solution. We help approved customers around the UK everyday get the money they need, when they need it most. Payday loans must be used responsibly and once our customers get back on their financial feet, we encourage them to start saving money so that they have money for emergency expenses.