Is Quick quid a Good Payday Lender?

If you’re in the market for a cash advance, Quick Quid is one of the lenders that you may be considering. Quick Quid is a fairly well-respected operation, as they were a finalist for Responsible Lender of the Year by the Annual Credit Today Awards. If you need to get your hands on some cash right away, they may be one of the best options for you to consider.

Advantages

One of the big advantages that comes with working with Quick Quid is that you get your money very fast after you’ve been approved. In fact, they have a goal of getting you your money within 10 minutes of approval. You can get approved for up to £1500 s within a few minutes.

Another advantage of working with Quick Quid is that you get 24 hour a day access to your account. This allows you to log in and see what your current account balance is and when your next payment is due.

Quick Quid is also a very reputable cash advance lender and they are recommended by many of the top consumer groups in the market. For example, they are a member of the Consumer Finance Association. They offer some of the best customer service in the industry and the application process for getting a loan is very simple and fast.

Disadvantages

While Quick Quid is a very good cash advance lender, there are a few potential drawbacks to working with this lender. For one thing, you have to be a resident of the United Kingdom in order to qualify for a loan. This eliminates many people who would otherwise like to borrow money.

Although it is possible to get a loan from Quick Quid with a questionable credit history, you may have to pay a little bit more if your credit is bad. Unlike some other cash advance lenders, they do look at your credit and put you into a tier. If you are in the average tier, you’ll have to pay more than if you are in the good or excellent credit tier.

Considerations

Quick Quid is a pretty good cash advance lender to work with and they do advertise fast turnaround times. In some cases, they may not be able to get the money to you that fast if they ask you for more information. Other than a few potential delays, they can usually get you the money you need fast. If you are looking for a loan from Quick Quid you can Click this.