Yes! At Speedy Quid we understand the problems that people with low credit ratings have when they are refused credit cards, vehicle loans and loans for everyday items and emergencies. Our checks are designed to ensure you can repay the loan. As long as you are in full time employment, have a bank account with debit card facility and meet our lending criteria, then we can help. Speedy Quid PayDay Loans will bridge the gap until your next payday – a simple application and you can receive approval within 2 hours.
In most cases we don’t require you to fax information unless there is a need for additional verification.
Not at the moment. This may change so please check back.
At present Speedy Quid only lend to those who are paid monthly.
No, we only lend to those who are full-time employment at this time.
If you complete an application and it is accepted then your first loan can be up to £300.
If you apply for a second loan following the full repayment of your first loan, then we may offer a higher amount, up to a maximum of £1,000.
Our office hours are 9.00am to 8.00pm, Monday to Friday. Any loan application made out of office hours, (for example on a weekend, bank holiday, or after 8.00pm), will be placed in a queuing system and processed on the next working day.
If your circumstances change and you find you need to extend your loan repayment date then you can log-in to your account and apply to extend the date. Alternatively you can call our Customer Services Team and they will talk you through your options. Call 0800 988 4435. Details of the terms for loan extensions can be found in Terms & Conditions and our Customer Services Representatives are available to advise you. Call 0800 988 4435. Please remember, it is your responsibility to keep us fully informed of any problems or extensions you need to your repayment date.
If the funds are not available on the repayment date then you will be charged a fee of £12.
If you fail to contact us in respect of the overdue amount then we will apply a charge of 1% per day. We encourage you to call our Customer Services Team if you experience any problems repaying your loan.
You can repay the loan early by logging in to My Account and following the instructions or by calling our Customer Services Team. There are no early repayment penalties charged.
FAQ's
I have a poor credit rating – can I still apply for a loan?
Yes! At Speedy Quid we understand the problems that people with low credit ratings have when they are refused credit cards, vehicle loans and loans for everyday items and emergencies. Our checks are designed to ensure you can repay the loan. As long as you are in full time employment, have a bank account with debit card facility and meet our lending criteria, then we can help. Speedy Quid PayDay Loans will bridge the gap until your next payday – a simple application and you can receive approval within 2 hours.
Do I need to fax information to you?
In most cases we don’t require you to fax information unless there is a need for additional verification.
I don’t have a debit card. Can I still take out a loan?
Not at the moment. This may change so please check back.
Can I apply for a loan if I am paid weekly?
At present Speedy Quid only lend to those who are paid monthly.
I am self-employed can I apply for a loan?
No, we only lend to those who are full-time employment at this time.
How much can I borrow?
If you complete an application and it is accepted then your first loan can be up to £300.
If you apply for a second loan following the full repayment of your first loan, then we may offer a higher amount, up to a maximum of £1,000.
When do I receive my loan?
Our office hours are 9.00am to 8.00pm, Monday to Friday. Any loan application made out of office hours, (for example on a weekend, bank holiday, or after 8.00pm), will be placed in a queuing system and processed on the next working day.
I am having problems repaying my loan – what should I do?
If your circumstances change and you find you need to extend your loan repayment date then you can log-in to your account and apply to extend the date. Alternatively you can call our Customer Services Team and they will talk you through your options. Call 0800 988 4435. Details of the terms for loan extensions can be found in Terms & Conditions and our Customer Services Representatives are available to advise you. Call 0800 988 4435. Please remember, it is your responsibility to keep us fully informed of any problems or extensions you need to your repayment date.
What happens if I miss my repayment date?
If the funds are not available on the repayment date then you will be charged a fee of £12.
If you fail to contact us in respect of the overdue amount then we will apply a charge of 1% per day. We encourage you to call our Customer Services Team if you experience any problems repaying your loan.
Can I repay my loan earlier?
You can repay the loan early by logging in to My Account and following the instructions or by calling our Customer Services Team. There are no early repayment penalties charged.