QuickQuid

QuickQuid loan calculator

QuickQuid went into administration in October 2019, so it's no longer issuing loans. If you're an existing customer with a loan outstanding, you should continue repayments as usual. And for the curious out there, here's how much QuickQuid was charging borrowers.

Warning: Late repayment can cause you serious money problems. For help, go to moneyhelper.org.uk.

Please note: High-cost short-term credit is unsuitable for sustained borrowing over long periods and would be expensive as a means of longer-term borrowing.

Loan amount


Loan term


1 - 1 of 1
Name Product Available Amounts Daily rate Monthly repayment Total payable
QuickQuid Short Term Loan
£50 to £1,500
Calculations for illustrative purposes only. This company is no longer issuing loans.
loading

Compare up to 4 providers

The UK payday loan market is full of bizarrely-named brands like Sunny, Peachy and Payday Pixie – usually trading names for large corporations with more sober names, and usually offering a very similar service. QuickQuid was perhaps one of the best-known companies operating in this arena, second only to Wonga, but it went into administration in October 2019 – one of a wave of lenders that succumbed to compensation claims from former customers. QuickQuid was part of CashEuroNet UK.

Like may other short-term lenders, it charged the maximum allowable daily interest rate of 0.8%. However, with QuickQuid, if you opted for a three-month loan, you’d pay interest-only for the first two instalments, and then at the end of month three, you’d pay interest plus the original sum borrowed. So you’d have two relatively small payments, followed by one big payment.

Because you were effectively borrowing more, for longer, a QuickQuid loan worked out more expensive than loans from many other short term lenders charging the same rate. To give QuickQuid its dues, this loan structure may have given borrowers more breathing room to get back on their feet.

Our calculator is based on the rates QuickQuid was charging just before it, erm, bit the dust.

If you’re considering a short term loan, you should first consider alternative options (you may have more than you think). You can find lenders like QuickQuid in our guide.

R.I.P QuickQuid – 2007-2019.

We show offers we can track - that's not every product on the market...yet. Unless we've said otherwise, products are in no particular order. The terms "best", "top", "cheap" (and variations of these) aren't ratings, though we always explain what's great about a product when we highlight it. This is subject to our terms of use. When you make major financial decisions, consider getting independent financial advice. Always consider your own circumstances when you compare products so you get what's right for you.

More guides on Finder

  • Loans like QuickQuid

    QuickQuid has become one of the biggest names in payday lending, but it isn’t the only provider of short term loans around. Here’s a list of UK lenders that offer similar products/services to QuickQuid.

Ask an Expert

You are about to post a question on finder.com:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder.com provides guides and information on a range of products and services. Because our content is not financial advice, we suggest talking with a professional before you make any decision.

By submitting your comment or question, you agree to our Privacy and Cookies Policy and Terms of Use.

Questions and responses on finder.com are not provided, paid for or otherwise endorsed by any bank or brand. These banks and brands are not responsible for ensuring that comments are answered or accurate.
Go to site