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Warning: Late repayment can cause you serious money problems. For help, go to moneyadviceservice.org.uk.
Representative Example: Amount of credit: £300 for 74 days with one repayment of £88.80 and one repayment of £388.80. Interest: £177.60. Interest rate: 292% pa (fixed). 1295.5% APR Representative.
For illustrative purposes only. Rates may vary.
Your loan amount and accrued interest are due on your repayment date.
Your accrued interest is due on your first repayment date, and your loan amount and additional accrued interest are due on your second repayment date.
Your accrued interest is due on your first and second repayment date, and your loan amount and additional accrued interest are due on your third repayment date.
QuickQuid charges a daily interest rate of 0.80% on your outstanding principal. Your repayment dates will always be set to your pay dates. You may not be eligible to apply for each period option given your pay date frequency and our minimum 27-day loan term restriction.
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.
Try to make your payments on time to avoid the following:
We understand that things happen. If you know you won't be able to make an upcoming payment, contact us immediately so we can do our best to set up a payment plan that works best for you.
For more information on QuickQuid short-term loans and how they work, visit our How It Works page.