Update (Feb 2020):
Comparison listings are currently being updated.
QuickQuid Loans | www.quickquid.co.uk Reviews
About QuickQuid Loans (Closed = Further Details to Follow Soon)
QuickQuid is the UK’s biggest payday lender with a 1.4 million customer base (not all active) and a commanding #1 Alexa traffic ranking. They had for many years trailed Wonga, but this changed in August 2018 when Wonga’s UK arm entered administration due to a surge in compensation claims. Other key past rivals like PaydayUK and WageDayAdvance also closed their businesses. Closures like this have eased QuickQuid’s pathway, but you have to remember that this is an experienced outfit in operation since 2007 with excellent visibility via TV ads and web promotion. This company was brought to life by U.S giant Cash America International. Ownership has however been passed on to Enova who were a past division of Cash America.
Enova also trades locally as On Stride Financial. Pounds to Pocket was Enova’s major side project, but this was recently closed and merged with Stride. QuickQuid’s product hasn’t changed much over time. Many payday firms switched to instalments when capping came into force, but QQ was already kind of crossed over in offering either a 1, 2 or 3 monthly repayment. Unfortunately, you’re paying either double or triple the monthly cost, whereas elsewhere for longer terms you typically pay reduced interest. This lender was also originally a 24/7 operation before cutting back (still 7/7). Pricing is set against the cap, but first time borrowers can receive a small discount via QuickQuid’s promo code as detailed below.
Address: PO Box 74347, London, EC1P 1YZ
Brand: QuickQuid (aka: QQ, Quick Quid)
Company: CashEuroNet UK Llc (subsidiary of Enova International Inc)
Contact (📧): firstname.lastname@example.org
Contact (☎): 0800 056 1515
FCA Licence: 673738
Niche: Payday, instalment
Opening Hours: Mon/Fri (8am-9pm), Sat/Sun (10am-6.30pm)
Related Brands: On Stride Financial
Site Address: www.quickquid.co.uk
Site Rank (Alexa UK): #13,595
Amounts Available: £50 to £1000 (£1500 on reloans)
Late Payment Fee: £15
Login Provided: Yes
Pricing: £24 /£100 (1m) & £216 /£300 (3m)
Pricing with Promo Code: £22.80 /£100 (1m) & £205.20 /£300 (3m)
*For the promo code, enter QQ5S. For new customers only
Repayment Terms: 1 to 3 months
Feefo: Not listed
Reviews: 81% (2050+ count)
Trustpilot: 11% (490+ count)
Rivals & Similar Lenders Like QuickQuid
As was noted above, PaydayUK, WageDayAdvance and Wonga are now out of the picture. Based on current data, PiggyBank and SafetyNet Credit are now generally QQ’s biggest rivals. 247Moneybox is also competitive in this niche. Of those noted, SafetyNet is the ideal alternative. Once you’re approved there you can request funds 24/7 and borrow for the term you’d like. QuickQuid’s standard prices are matched against the cap. This changes slightly with the promo for newcomers when £100 monthly costs £22.80. For an improved deal, you could check out the likes of Sunshine Credit (£12), Fernovo (£15) or WeLendUs (£17.95). You can receive much cheaper prices elsewhere for the 3 month term that wouldn’t be advisable.
Last Check @ www.quickquid.co.uk: February 13th, 2020
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