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QuickQuid – A look at lenders.

Quick Quid is just one of the lenders that KwikPayday works with on a regular basis. They’re one of the largest payday lenders in the world, as they are the UK arm of CashNetUSA. It’s always worth looking at different lenders to see what rates are available, while making sure to check their terms and conditions. If you apply through KwikPayday, you will stand a stronger chance of being approved for a payday loan, as your application will go to multiple lenders, not just QuickQuid.

QuickQuid Approval Process

In common with many lenders, QuickQuid use three different tiers of approval. You can be graded into ‘excellent’, ‘good’ or ‘average’, if you are approved. Each one will give you a different rate, depending on how trustworthy you are regarded as being, with a preferential rate for those with an ‘excellent’ credit rating.

Their application form is split into four sections. That said, they’re not asking for too much information, and it should be information that you have to hand.

All lenders will take a basic look at your credit record, just to check that you aren’t bankrupt, or have any CCJs, and also to check that you are who you say you are. Due to the way QuickQuid group their customers, they’ll also take a look at your loan repayment history and behaviour. This isn’t a bad thing, especially if you think you’re more comfortable with your repayment history, and more lenders do it than are open about it. If you successfully repay your loan with QuickQuid, you’ll stand a better chance of being moved to a more preferable tier.

Basically, if you have a strong credit history, you may stand a strong chance of getting a preferable loan rate with QuickQuid – however, if your credit history is weaker, you may get a more expensive rate than with some other lenders.

One major plus with Quick Quid is that you can receive the cash quickly – usually within the same hour, which is useful for obvious reasons.

Since there are no obligations, it may be worth applying with Quick Quid to see if you qualify for their lowest rate. However, it may make as much sense to apply elsewhere, if you don’t feel that you’re likely to be in that higher category, especially if you stand a stronger chance of being accepted.

Your Quick Quid Alternative

If you apply with KwikPayday, your application will go to multiple lenders, including QuickQuid, and this may help you stand a stronger chance of being approved for a rate that you’re looking for. There is obviously a lot of competition between lenders, and applying with KwikPayday can let you take advantage of that competition without applying to all these lenders separately. Instead, one simple application will go through to multiple lenders, and since the amount you’re applying for is relatively small, we can offer higher approval rates than a number of lenders.

If you want to apply, you just need to be at least 18, employed and residing in the UK with a UK bank account. You’ll need to enter your address, contact phone numbers, work information (including contact details in case it needs to be verified that you work there), salary information and bank account information. There are no obligations if you apply – only if you’re successful and choose to accept the credit agreement you are sent.

All of our applications are safe and secure, in line with our privacy policy. So if you want to apply for up to £400, you could have your application finished in minutes.

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a payday loan with kwikpayday today.