Speedy Quid offers instant cash loans online to residents of the United Kingdom over the age of 18. Instant cash loans can be a way to cover the gaps until the next paycheck arrives. If you are approved for an instant cash advance, you can have your money deposited into your bank account within two days using BACS or Same Day with CHAPS. Same Day payments will incur an additional charge.
To qualify for an instant cash advance online, you must meet Speedy Quid’s minimum requirements. These include being at least 18 years old, having a full time job and a valid bank account with a debit card. If you meet these requirements, you are invited to apply for instant cash payday loans by filling out the online application on our website.
The amount available for an instant cash advance is £500 for the first loan. If you repay the loan according to the terms of your agreement, you can apply for a second loan of up to £1000. We are responsible lenders and clearly state the terms and conditions of our loans, so you will understand the contract and all related terms. This information can be found on our website, for your convenience.
Repaying the loan on time is essential for future loan approval of larger amounts. You will select your repayment date when you make the application and have the funds available in your account on that date. We allow for early repayment of our instant cash loans with no repayment penalty. You can pay your loan early by contacting us to make arrangements either by telephone or email.
When you apply for our instant cash payday loans, you will receive an immediate preliminary approval. When you apply for instant cash loans online during normal office hours, we will process your loan immediately. If the application for an instant cash advance online is made out of office hours, it will be processed on the next business day.