Get Answers to Your Questions

Here are our most frequently asked questions with answers.

Warning: Late repayment can cause you serious money problems. For help, go to
Credit intermediary not a lender. Representative Example: Amount of credit: £1000 for 11 months at £102.22 per month. Total repayment of £1226.64. Interest: £226.64 Interest rate: 47.5% pa (fixed). APR rates range from 9.3% APR to 102.5%.

Don't see an answer to your question?

As some of you may know, QuickQuid has a owner. The answers given below are correct as of 25/10/23 and have no bearing to any business done before this date.

Applying for a loan

Am I eligible to apply? What information do I need for my application?

To be eligible to apply, you must:

  1. Have a valid UK bank account.
  2. Be employed.
  3. Be a resident of the UK.
  4. Be at least 18 years old.

When applying you'll also need to provide us with the following information:

  1. Employment details.
  2. Bank account details.
  3. Income and outgoings/expenses.
  4. Other Personal Information.

Short-term loan basics

When will I receive my loan?

In most cases, your application will be processed within 20 minutes from the time it has been received. Loan approval depends on satisfactory completion of identity, credit and affordability checks. If approved, funds will be sent to your bank account within 20-30 minutes of approval.§With Almost all UK banks now supporting faster payments, payments will usually be received almost instantly. Once you have completed a loan application, QuickQuid will send you updates via email.

More About QuickQuid

What is the difference between a QuickQuid loan and a regular personal loans?

Loans obtained through QuickQuid are short-term loans that are repaid in 1-12 repayment periods and are designed to help bridge the gap between paydays. The last payment includes the principal borrowed and is larger than previous payments. Personal “instalment” loans are loans in which there are a set number of scheduled payments over time. Each payment is equal, with some percentage of each payment going toward the principle of the loan.

Promotions and TV Advertisements

How are discounts applied to the interest that I pay on my loan?

On occasions, QuickQuid will run a number of different types of promotions. Typically, these will be discounts on APR, or rewards for customers who referring friends.

Promotional APR discounts – Any discount offered on APR’s will be paid to the borrower in the form of cashback via BACS directly from us. Lenders will charge the full rate in the quote, borrowers can send us a copy of the loan agreement, and within 3 weeks, we will refund them monies equal to the promotional discount.

Referrals - customers who refer their friends can receive rewards, these will be paid within 48 hours of their referral code being used and the loan application being completed. Our online portal allows referrers to see how much commission they have earned.


We're back! QuickQuid returns to assist UK consumers with their financial needs.