How long does QuickQuid take to approve?

Our loan approval process may take up to 30 minutes in most cases,¶ but sometimes longer depending on status and verification checks. Some banks may take a few hours to deposit funds into to your account and new deposits often take longer to show up in your cash machine or through your online banking.

What happens if I dont pay QuickQuid?

“If you miss any repayments you could be hit by fees and additional charges, and it could also harm your credit rating.”

Can I still claim against QuickQuid?

What if I think I was mis-sold a QuickQuid or Pounds to Pocket loan? It’s now too late to submit any new mis-selling claims to Quick Quid or Pounds to Pocket. A dedicated claims portal for those who believed they had been mis-sold to was open between August 2020 and 14 February 2021.

Are QuickQuid still trading?

Britain’s biggest payday lender QuickQuid has shut its doors, leaving customers facing uncertainty and a large number of compensation claims up in the air.

Can you get a loan on a Saturday?

Can You Get a Payday Loan on the Weekend? Yes, several direct lenders for payday loans have their operations open even on Saturday and Sunday. So, also, if it is a weekend, you may still apply for payday loans online or visit the in-store locations.

Can you apply for a loan on weekends?

A weekend loan is a fast cash loan that you can apply for during the weekend. This is ideal for emergency expenses, last-minute getaways, and more. They usually have higher interest rates and a shorter repayment period than traditional loans.

Do I have to pay back QuickQuid?

I already have a loan with QuickQuid, do I still need to repay it? The short answer to this is yes. You are still bound by the terms and conditions you agreed to when you took out the loan, so you should continue to make the repayments.

How do I make a claim against QuickQuid?

You need to write a formal complaint letter to QuickQuid, or the lender in question, explaining how you were irresponsibly lent to. You will need to include evidence of this, so make sure you check carefully through emails, bank statements and credit reports for relevant proof.

What percentage will QuickQuid pay out?

Customers will get 30% to 50% of the value – which would total up to £850. This is because it is expected that the total value of all accepted claims received will significantly exceed the money available to be shared out.

Does QuickQuid pay on weekends?

The workweek is over, but you’ve got things to take care of and won’t receive your next paycheque for days. QuickQuid offers payday loans no matter what the day of the week, even on weekends, to provide you with the assistance you need, when you need it.

Can you get approved for a loan on a Sunday?

Can I actually get a short-term loan on a Sunday? The short answer is no. Many lenders allow you to apply for a short-term loan on a Sunday, but you won’t actually receive funding until at least the next business day. Like other businesses, most lenders and banks simply don’t operate on the weekend.

How does QuickQuid work?

With over 1.4 million customers and counting, QuickQuid is dedicated to offering flexible and transparent short-term loans to UK residents. We provide the total cost of your loan upfront, so you know what you have to pay and when at all times.

How do I contact QuickQuid customer support?

Those affected are also being invited to call customer support on 0800 056 1515 if the loan is with QuickQuid or 0800 210 0923 if the loan is with On Stride, but are being warned that lines are expected to be busy. QuickQuid was bigger than household name Wonga even before the latter folded in August last year.

What is a QuickQuid loan?

What happens to QuickQuid customers who have already made claims?

Some QuickQuid customers who had already made claims must now wait to see how much they will receive in compensation. Administrators Grant Thornton said that compensation for successful claims would be “considerably smaller” than would have been the case before QuickQuid’s collapse.