Warning: Late repayment can cause you serious money problems. For help, go to moneyadviceservice.org.uk.
Representative Example: Amount of credit: £300 for 71 days. One total repayment of £470.40. Interest: £170.40. Interest rate: 292% pa (fixed). 1301.2% APR Representative.
For many, pursuing some form of emergency funding - whether an instalment loan, payday loan or other short-term loan - can be daunting. This can be for any number of reasons, and often dictates that the individual goes in search of that funding elsewhere. For instance, someone with less-than-stellar credit may feel the need to go in search of ‘no credit check’ loans, which could end up hurting them if they borrow more than they can afford to repay.
In fact, a lender like QuickQuid, who performs credit checks as a part of the approval process, may be a better option than a lender who doesn't. Our goal in performing a credit check is to ensure we lend responsibly to our customers.
Some people have the option to use a loan guarantor when they're not able to borrow money from a family member or friends. If you find yourself in a situation where you don't have a guarantor, you may want to consider applying for a loan from QuickQuid, where a guarantor is not required.
At QuickQuid, we've created user-friendly loan products for customers in need of financial assistance, who may not be able to access traditional bank loans. We've tailored our online application process to be as straightforward as possible, allowing QuickQuid to process loan applications promptly. This means that, when a customer is approved, they can receive the emergency funding they need, when they need it.
When you begin your search for emergency funds, an important consideration should be the transparency of your lender. Spend time researching the lender’s history, and if you feel inclined, bring any questions you may have to their customer service. Not only will this get you the most accurate answers, but you'll get a sense of the quality of lender you’re dealing with by the quality of customer service you receive. Another key concern is a lender whose loans may come with hidden fees — while you enter into the loan or cash advance expecting to repay a certain amount, months later you can find yourself with extra, unexpected fees. QuickQuid is a lender with a track record of good customer service, and ensures that any costs are stated explicitly throughout the loan process, providing a transparent loan experience. See our Rates and Terms and Loan Calculator for more details.
Finally, look for a loan that offers you flexibility based on your unique financial circumstances. While emergency situations tend to bring a sense of urgency, it can be just as important to ensure that the loan you're taking on makes sense for you. A ‘no guarantor’ loan or ‘bad credit loan’ may seem like the way to go, but when deciding on a loan the most important aspects are the type of lender and the type of loan you're applying for. With loan amounts up to £1000 for new customers,† and up to £1500† for returning customers - along with loan repayment over 1, 2 or 3 repayment periods - QuickQuid offers a range of short-term loan products.
Apply today for a QuickQuid loan and, if approved, get the emergency funding you need!