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%.
Do 'Quick Loans' Still Exist?
It is well known that Quick Loans started when QuickQuid first arrived in the UK back in 2006. When QuickQuid ceased taking on new applicants in 2019, people wrongly believed that it spelt the end for these types of products. That wasn't true.
You may have noticed that many online lenders advertise 'quick loans,' but in reality, there is no such thing as a 'quick loan'. There is no cut of point that separates a Quick Loan from a Slow Loan. At QuickQuid, we've developed our application to be as straightforward and convenient as possible. There is no need to take the time to travel to a location to take out a cash advance, as we offer all of our loans over the Internet so that you may apply online via your desktop or through your mobile device.
Quick loans, short term loans, payday loans online - whatever you want to call them, they all serve the same purpose. Approved loans can help families put food on the table, pay for hefty auto repair bills and cover this month's utility bill.
Does QuickQuid Offer 'Quick Cash'?
It depends on what you consider quick. If by 'quick' you mean repayment time, QuickQuid's short term loan product is designed to be repaid in a short amount of time between 1 and 12 repayment periods.
If by 'quick' you mean the process for applying for a loan, the best we can do is tell you about our process and let you decide if you consider it to be 'quick.' If you decide to apply, the application does not take long to fill out. QuickQuid doesn't arrange 'instant loans', but typically within 30 minutes after you submit your application§ a lender will review your information and provide you with an approval decision. If approved, cash will be sent to your bank account within 10 minutes after approval.§
Fast Payday Loans to Suit You
QuickQuid has designed its application process to be straightforward and understandable. After answering some personal and work-related questions, you'll submit your application for review. Then it's our lender's turn. They'll review your application and provide a decision, typically within 30 minutes or less.§ At QuickQuid, we don't encourage "bad credit loans", but you don't need perfect credit to apply! If approved, lenders will send your money directly to your bank account within 10 minutes after approval.§
What does 'fast cash' even mean? By the next business day? Within a few hours? Within one hour? These are all questions nobody has the answer to. Here at QuickQuid, we may not have fast loans, but we do have cash advances that, if approved, can be sent to your bank account within 10 minutes after approval.§ We're not experts in measuring speed, but if you ask us, that's a pretty quick turnaround from once your application has been assessed to the time you receive cash in your bank account, if your application has been approved.
Find Fast Loans That Work for You
If you find yourself in an emergency situation that requires fast funding, consider applying for a loan with QuickQuid. After applying, it will typically take up to 2 minutes to receive a lending decision. We have helped hundreds of thousands of customers get through their financial difficulties, and understand the peace of mind that a customer finds when they get the funds they need.
With our short-term loan lenders, any customer can request a loan up to £1500,† and repay it over 12repayment periods. And if a customer is approved, they can receive their funds within 10 minutes after approval,§ which means getting the emergency funds you need, when you need them.
You know something that sets good lenders apart from others? Transparency. At QuickQuid, we think it's important to show all of our fees upfront so there are no unexpected surprises down the line. Visit our Rates & Terms or Loan Calculator pages to see more details.