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If you’re looking for fast and easy payday loans, then you have a variety of options. One of these options is QuickQuid, an online company that sends you cash within ten minutes of your application’s approval.
QuickQuid may be fast, but is it a good payday loan company? Let’s answer that.
Application process
As far as payday loan forms go, QuickQuid has a pretty simple process. You just fill out some basic information – like your name, address, and employment information – and you’re good to go. You only have to go through this process once, and once you have an account, applying for another loan is even faster. Repeat customers can even save up to 15% by becoming a preferred member, which is good.
Even those who are using a computer for the first time should have no problem navigating the website’s easy, colourful interface.
Fast cash delivery
People who need payday loans generally need the money as soon as possible. QuickQuid knows this, and their main selling point is delivering your cash within 10 minutes of approving you. Youcan get a loan as high as £1500. Once QuickQuid approve you, they put the cash in your account instantly.
There are loads of payday loan companies out there, but not many of them can get you a loan as fast as QuickQuid. If you don’t want to waste any time applying for your loan, then QuickQuid is probably one of the better options.
Flexible payment periods
A lot of payday loan companies require that you immediately pay the loan off in full – plus interest – after a two-week period. (From the date you took out the loan.)
QuickQuid is more flexible than that, and allows customers to repay their debt in either one or two periods (with a length of 30 days or 60 days). This stops users from suddenly having loads of late fees & interest hit them.
However, I should mention that the 60 day period loan is slightly more expensive than the 30-day period. It’s a good idea for consumers to have a close look at the fee schedule before they get a loan from QuickQuid.
Saying that, though, one really good thing about them is that they are pretty transparent. They don’t have any hidden fees – or interest rates that mysteriously skyrocket. And it’s really easy for people to see just how much they’ll owe before they go ahead and take out the loan.
Trustworthy
There are loads of dodgy payday loan sites in the world that I wouldn’t touch with a ten foot bargepole. However, QuickQuid isn’t one of them. They’re really well-known, and they have good security on their site. Obviously, they’re also registered members of the Consumer Finance Association.
Summary
Compared to a lot of payday lenders out there, QuickQuid is pretty quick and easy. I’ll be honest here, the interest rates they offer aren’t the best in the world, and other trusted sites beat them by miles on that. However, if you’re looking for a lender who’ll give you the wonga as quickly as possible, then they’re a good bet.
To get a better idea of how QuickQuid stacks up against some of the best payday loan companies in the industry, why not use our free comparison tool? We’ll help connect you with the payday loan company that’ll give you the best deal (and that’s trustworthy, of course!)
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