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Call to Apply: 0800 056 1515

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How It Works

QuickQuid is dedicated to offering flexible lending products.

Need Cash?

Our short-term loan is designed to help you bridge the gap between paydays so you can cover any unexpected expense without worry!
QuickQuid

NOTE: When you submit your loan application, a full application search record will be created. If a credit report shows that too many application searches have been done in a short period of time, it could be a sign of great financial need or identification fraud.

Repayment Options

When applying for a short-term loan, you'll have three repayment options to choose from:
1-Period

Loan amount and finance charge due on repayment date

2-Period

Finance charge due on first repayment date, and loan amount plus additional finance charge due on following repayment date

3-Period

Finance charge due on each of the first two repayment dates, and loan amount plus additional finance charge due on third repayment date

Short-Term Loan Requirements

Make sure you meet all of our requirements before applying for a short-term loan:

  • Valid UK bank account
  • At least 18 years of age
  • Employed and receive a regular paycheque
  • Resident of the UK
FAQ

Here are answers to some of our most popular short-term loan questions:

What are short-term loans and who should use them?
Short-term loans are designed to help you bridge the gap between paydays so you cover any unexpected expenses or temporary cash flow problems. Short-term loans are not appropriate for long-term borrowing or if you are in financial difficulty. If you need a quick cash advance to cover unexpected expenses, then a QuickQuid short-term loan could be for you. However, you should not take out a short-term loan if you don't think you can pay it back on time or if you are in need of longer term borrowing.
What happens if I can't make a payment on a payment date?
At QuickQuid, we understand that your financial circumstances can change in an instant. If you know that you won't be able to repay your loan amount on your payment date, you should contact us immediately so that we can do your best to help set up payment arrangements that work for you.

If your loan payment is dishonoured, returned, unpaid or otherwise missed, you will be charged a late fee of £12.00 for each missed loan payment. Missing payments can make it more difficult and/or expensive for you to obtain credit reference agencies, and such missed payment may adversely affect your credit report. In addition, if you default under a loan agreement, we may commence legal proceedings and you may be required to pay us the reasonable expenses and costs we incured in those legal proceedings or in attempting to enforce our rights against you under the loan agreement.
What is CPA and how does it work?
Continuous Payment Authority (CPA) is a type of automatic payment that authorises a lender to withdraw sums from a borrower’s nominated bank account using debit card details, subject to specifically agreed terms which are fully disclosed and agreed through the loan application process. Once agreed by a customer, CPA allows a business to automatically take a payment or series of payments from a customer’s debit card on the customer’s payment date. On the payment date, we will try to collect the amount due by debiting the customer’s debit card as follows:

• At 4am we debit the customer for 100% of the amount due that day.
• If that debit is unsuccessful, then at 2pm we attempt to debit the customer for 100% of the outstanding amount due that day.
• If that second debit attempt is unsuccessful, then at 7pm we attempt to debit the customer for

100% of the outstanding amount due that day. This is the final debit attempt on the payment date. If we cannot obtain the amount due on the payment date, then on the following day, we will try to collect the amount due as follows:

• At 4am we debit the customer for 100% of the outstanding amount, including any late fee.
• If that debit is unsuccessful then we will try and get in touch with the customer to arrange an alternative repayment arrangement.
• If we can’t contact the customer, or if the customer does not agree to a reasonable alternative repayment arrangement, then at 5pm we attempt a partial debit for 60%.

If that first partial debit is successful, we will attempt to debit the customer for the remaining outstanding amount. If we have not collected the outstanding amount then on the second and third days following the payment date, we try to collect the amount due as follows:
• At 5am, we will attempt a partial debit for 20%. If that first partial debit is successful, we will attempt to debit the customer for the remaining outstanding amount.

If that second attempt is unsuccessful, we will attempt a partial debit for 30%. If we have not collected the outstanding amount then on the fourth day following the payment date and for a period of not more than 35 days following the payment date, we will try to collect the amount due as follows:

• At 5am on every Friday, and on the last working day of each month, we will attempt a partial debit for 20%. If that debit is successful, we will attempt to debit the customer for the remaining outstanding amount. If that second attempt is unsuccessful, we will attempt a partial debit for 30%.
• We will attempt to contact the customer throughout this entire period and try to come to an agreement with the customer on a reasonable alternative repayment plan.
How can CPA be cancelled?

Customers can cancel their CPA with the bank or card provider or the company taking the payment. Customers advising the bank or card issuer that they have stopped permission for the payments should also notify us.

Customers may also cancel their CPA by contacting us directly. Payments taken prior to cancellation being received will only be considered for full, or part, refund at the discretion of QuickQuid. Please call us on 0800 016 3114 (Call free from landlines. Mobile phone companies may charge up to 40p per minute.).

If you cancel your authority for the repayment of your loan with us, you will still be responsible for paying any money that you owe, including any charges which may accrue. An alternative means of repayment should be agreed.

Does QuickQuid run credit checks during the loan approval process?
Yes. We run credit-application checks with credit reference agencies to verify your application information and to help us determine whether your application will be approved or denied, as well as to help us determine the amount of your loan, if approved. Please note, when lenders run a credit-application check, it will leave a footprint on your credit report. Footprints themselves are not negative, but if a credit report shows that many searches have been done in a short period of time, it could be a sign of identification fraud or great financial need.

You Apply

1
Click on the 'Apply Now' button above to begin the one-time application for new customers. After providing personal and work details, select QuickQuid FlexCredit as your preferred loan type.

We Decide

2
As the direct lender, we'll review your application and provide a decision typically within 30 minutes or less.§

NOTE: When you submit your loan application, a full application search record will be created. If a credit report shows that too many application search have been done in a short period of time, it could be a sign of great financial need or identification fraud.

You Control Your Credit

3
If approved, choose how much you want to borrow up to your available credit limit and get cash sent to your bank account after 10 minutes of approval.§
Customise your payment options, or choose to make a full or minimum payment. Remember - the sooner you pay off your loan, the less interest you'll accrue.
As you repay what you borrowed, your available credit amount will increase automatically up to your approved credit limit. Continue to borrow cash as often as needed as long as your account is in good standing!

QuickQuid FlexCredit Requirements

Make sure you meet all of our requirements before applying for a QuickQuid FlexCredit account:

  • Valid UK bank account
  • At least 18 years of age
  • Employed and receive a regular paycheque
  • Resident of the UK
FAQ

Here are answers to some of our most popular QuickQuid FlexCredit questions:

How much does QuickQuid FlexCredit cost?
You won’t incur any sort of application fee or annual fee for opening, or maintaining, a QuickQuid FlexCredit account. Interest will accrue on your unpaid principal at a daily rate of .82 percent. This equates to about a 25 percent monthly interest rate (£25 per £100 borrowed each month). Interest only accrues on your unpaid principal, so the sooner you pay back the borrowed funds, the less interest you have to pay.
What are my repayment options?

You can repay the loan all at once or make monthly repayments over a maximum term of 10 months. When you first apply for your loan, you will be provided with a Repayment Schedule. The Repayment Schedule allows you to set up repayment terms that fit your needs. You tell us how much you want to repay on your next due date, and the Repayment Schedule automatically adjusts to show you how much you will owe each month and how many months it will take to pay back your loan. If you are not happy with your Repayment Schedule, you can log in to your account and adjust the Repayment Schedule as needed. You will not be able to reduce the amount of an upcoming payment within two business days prior to an upcoming due date.

Remember — you can log in to your account and repay your entire loan, or make additional payments, anytime. There is no need to wait for your due date to make a payment.

How do I request additional funds?
To request additional funds, simply log in to your account and click the “Take Out More Money” button. As long as you have available credit and are in good standing, you can request more funds anytime.
How much money can I receive if I am approved?
New customers may receive a credit limit up to £1000.† Existing customers may receive a credit limit up to £1500.† Your credit limit will be based upon your credit history and the information you provide in your application.
What is QuickQuid FlexCredit?
QuickQuid FlexCredit is a running credit account. This means that if your application is approved, you’ll be able to borrow as much as you need up to a specific limit, known as a credit limit. You can borrow the entire credit limit all at once, or take portions of it as needed. As long as your account is in good standing, you can request additional funds, up to your credit limit, at anytime without having to fill out the loan application again.
Compare Loan Types
If approved...
Borrow cash any time up to your available credit limit Receive requested funds
Repay between 1 and 10 months with flexible repayment options Borrow over 1, 2 or 3 pay periods
Receive up to £1000 for new customers; up to £1500 for existing Receive up to £1000 for new customers; up to £1500 for existing
Get cash sent within 10 minutes after approval§ Get cash sent within 10 minutes after approval§

Warning: Late repayment can cause you serious money problems. For help, go to moneyadviceservice.org.uk

QuickQuid FlexCredit

Representative example: Borrow £1200 over 10 months. Interest 300% per annum. Total amount repayable £2,831.34. Total cost of credit £1,631.34, comprising solely of interest. 1362% APR Representative.

Short Term Loans

Representative example: Borrow £200 for 31 days. The total charge for credit is £59. Interest is fixed at a rate of £59 per £200 loan (347% per annum). The total repayable is £259. 1999% APR Representative.

Short-term loans should only be used for short-term financial needs and are not appropriate for long-term borrowing, or if you are in financial difficulty.

Terms and conditions apply. All loans are subject to status, affordability and credit checks prior to approval. Applicants must be 18 or over. Short-term loan customers: Finance charge will be between £20 and £29.50 per £100 borrowed, depending on your credit score. QuickQuid FlexCredit customers: Interest accrues at a daily rate of .82%, which roughly equals 25% per month (£25 per £100 outstanding per month). †Loan/credit limit maximum of £1000 for first-time customers (£1500 for existing). Loan amounts and credit limits are based on a consumer's credit history and ability to repay in accordance with QuickQuid's affordability policy. §If your bank does not support Faster Payments, funds will be sent to your account the same day as approval so long as you’re approved by 14:30. ¶Provisional loan decisions are subject to verification checks and may take up to 30 minutes in most cases. QuickQuid performs traditional credit checks and verifies applicant information via various national databases. QuickQuid is the trading name of CashEuroNetUK, LLC. CashEuroNetUK, LLC is a Limited Liability Company incorporated in the United States. Head Office: 200 W. Jackson Blvd., 14th Floor, Chicago IL USA. Correspondence Address: 483 Green Lanes, London, N13 4BS. Authorised and regulated by the Financial Conduct Authority. Firm registration number 603395. Authorisation can be checked on the Financial Service Register at www.fca.org.uk.