Quick Loan Shop Loans | www.thequickloanshopltd.co.uk Reviews

Quick Loan Shop Loans

About Quick Loan Shop Loans

Quick Loan Shop is a flagship brand that strangely takes the full company name in its domain of www.thequickloanshopltd.co.uk. There are 3 other lending arms all competing in the payday space noting Miss Payday, Sunshine Credit and Wee Loans. Outside of this they have a comparison site called LenderSeekers and various other unfinished projects as highlighted on their FCA page. It has been impressive to see so many operations running from the founder (Stuart Salter). It would surely be beneficial though to really push the flagship brand in focus, but this hasn’t really been the case and this is with a long running venture established in 2012. This core asset is packaged the best of the bunch.

It carries great flexibility and impressive value when borrowing over several months. The loan amounts range from £100 to £2000 for all customers. The single monthly choice sees £100 to £500 and then the instalment selections (named FlexiEase) enable £400 to £2000. This is when picking any month between the range of 3 and 12. We compare instalment costs at £300 and so with £400 being minimum we’ve had to double up to £600 examples. These prices equated to £152.28 (3m) and £281.10 (6m) that would translate as £76.14 (3m) and £140.55 (6m) for £300. These are each competitive top 5 subprime deals. The full year price of a £1000 gets much more expensive at £957.20.

So with this company you’ll receive impressive flexible term options and competitive pricing across many of the selections. Meanwhile at Sunshine Credit you can find the UK’s cheapest payday loan deal. The main issue with this Group is its small size and minimal investment on advertising with the traffic ranks implying low levels of site activity. The core asset of the Group is in focus here and yet there are no reviews to analyse for it on either of the major portals. This is strange in almost 10 years. Information shared is also lacking in some areas. They don’t for instance reference their opening hours and so standard working hours between Monday and Friday would be assumed.

Company Details

Address: 31 Dashwood Avenue, High Wycombe, HP12 3DZ

Brand: Quick Loan Shop (aka: QuickLoanShop, The Quick Loan Shop, TQLS)

Company: The Quick Loan Shop Ltd

Contact (📧): info@thequickloanshopltd.co.uk

Contact (☎): 020 3397 4627

FCA Licence: 672828

Launched: 2012

Niche: Payday, instalment, personal

Opening Hours: Not disclosed

Related Brands: Miss Payday, Sunshine Credit, Wee Loans

Site Address: www.thequickloanshopltd.co.uk

Site Rank (Alexa.com Global): #7,299,405

Product Specs

Amounts Available: £100 to £2000 (all customers)

Late Payment Fee: £12

Manage: Yes, a Quick Loan Shop login is provided

Pricing: £24 /£100 (1m) & £152.28 /£600 (3m) & £281.10 /£600 (6m) & £957.20 /£1000 (12m)

Repayment Terms: 1 to 12 months (1, 3, 4, 5, 6, 7, 8, 9, 10, 11 & 12)

Review Feedback

Feefo: Not listed

Reviews: Not listed

Trustpilot: Not listed

Rivals & Similar Lenders Like Quick Loan Shop

Quick’s Alexa rank tends to float just above the 7 million mark. This is troubling when competing for instalments as it’s just so competitive. To hit that top 10 you’d need to have a current rank of 2.3 million. There is no doubt that their value nestles within the top 5 of all such competing brands though. Similar lenders that perform well on pricing are Conduit, Fair Finance and Moneyline. That last firm (Moneyline) has held a very similar performance rank across 2021, as has The One Stop Money Shop. Flexibility is another asset of note here. Rivals such as BingoLoans and Kabayan Finance offer notable term choices on there side.

Last Check @ www.thequickloanshopltd.co.uk: June 6th, 2021

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