PROVIDER

QUICKQUID

WHO ARE THEY?

QuickQuid are a subsidiary of CashNetUSA and Cash America Intl., a publicly-held financial company (NYSE: CSH), they are one of the leading worldwide loan providers serving the under-banked community. Their UK mailing address is: QuickQuid, Communications House, 26 York Street, London W1U 6PZ.

QuickQuid are dedicated to serving their customers with quick, hassle-free and secure cash advance options to hold you over until your next payday.

USP

Quick and easy to arrange. Additional payback options available, you’ll also have the flexibility to extend your loan period by up to two months - additional charges will apply.

PROS

Borrow up to £750 - new customers will be limited to a maximum loan amount of £300. Ideal if you require a short term financial fix. No advance payments are required for a QuickQuid payday loan. You may extend (roll over) your loan a maximum of two times.

CONS

Can be viewed as an expensive way to borrow and not suitable for clients that experience regular monthly financial difficulties.

CHARGES

£25 per £100 borrowed. No administrative costs to set up the loan. Depending on the loan term, typical APRs will range from 1351.7% to 9889.3%.

APPLICATION OPTIONS

Apply online in only five minutes. There are no documents to fax in and you can apply from the privacy of home – no driving to the local shop, no waiting in queues. Sign your loan application electronically and get instant approval on up to £750. Apply by 15:00 weekdays and you may receive same-day funding. Apply after 15:00 and your money will be deposited directly into your bank account on the following work day. You may apply over the weekend for Monday funding.

WHO CAN APPLY

You’ll need to be a resident of the UK who is at least 18 years of age with a valid bank account that can receive direct debit. You must also be employed and receive a regular paycheque or salary.