Loans like QuickQuid

Before going into administration in October 2019, QuickQuid was one of the biggest names in payday lending – frequently advertising on TV. We've compiled a list of popular UK lenders still offering similar services.

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.

Online lenders that offer similar loans to QuickQuid

NameEstablishedLoan types
QuickQuid Short Term Loan QuickQuid Short Term Loan 2007 (ceased trading 2019) Instalment loans More info
Lending Stream Instalment Loan Lending Stream Instalment Loan 2008 Instalment loans Go to site
Moneyboat Short Term Loan Moneyboat Short Term Loan 2011 Instalment loans Go to site
QuidMarket Short Term Loan QuidMarket Short Term Loan 2011 Instalment Loans Go to site
Mr Lender Short Term Loan Mr Lender Short Term Loan 2009 Instalment loans Go to site
Conduit Short Term Loan Conduit Short Term Loan 2012 Instalment loans Check eligibility

A contemporary of Wonga – which went into administration in 2018 due to the sheer volume of complaints it received – QuickQuid managed to weather the payday storm until 2019, perhaps thanks to being a part of US lending giant Enova International.

QuickQuid offered fast and uncomplicated short term loans of up to £1,000 to borrowers facing unexpected expenses. Typically, you could expect very high interest rates, no setup fees, quick access to cash (QuickQuid said it would get it to you within 10 minutes after your application had been accepted) and a limited number of instalments with which to repay the loan (usually between one and six).

Lenders like QuickQuid: A closer look

Lending Stream logo

Lending Stream

Lending Stream (visit site) is a direct lender (not a broker), which, like QuickQuid, offers instalment loans of up to £1,500 over terms of up to 6 months. That's the same maximum as QuickQuid was offering just before it ceased trading (although for new customers the maximum is £800) but with a higher representative APR of 1,333%. As with QuickQuid, you can repay early at any point.

Lending Stream representative example: Borrow £200 for 6 months at a rate of 292% p.a. (fixed). Representative 1,333% APR and total payable £386.61 in 6 monthly payments of £64.44.

Moneyboat logo

Moneyboat

Next up, Moneyboat (visit site) is also a direct lender, which, like QuickQuid, offers instalment loans of up to £1,500 over terms of up to 6 months. That's the same maximum as QuickQuid offered (although for first-time users the maximum is £800) but with a higher representative APR of 939.5%. You can repay early at any point.

Moneyboat representative example: Borrow £400 for 4 months at a rate of 255.5% p.a. (fixed). Representative APR 939.5% and total payable: £597.48 in 4 payments of £149.37.

QuidMarket logo

QuidMarket

QuidMarket (visit site) is another direct lender, which, like QuickQuid, offers instalment loans of up to £1,500 over terms of up to 6 months. That's the same maximum as QuickQuid but with a higher representative APR of 1,301%. You can repay early at any point.

QuidMarket representative example: Borrow £300 for 3 months at a rate of 292% p.a. (fixed). Representative APR 1,301% and total payable: £454.37 in 3 instalments of £151.46.

Mr Lender logo

Mr Lender

Mr Lender (visit site) is a direct lender which, like QuickQuid, offers instalment loans – but of up to £1,000 over terms of up to 6 months. That's £500 less than QuickQuid (although for new customers the maximum is £500) but with a lower representative APR of 1,256%. Unlike QuickQuid loans, Mr Lender loans come with decreasing monthly repayments. You can repay early at any point.

Mr Lender representative example: Borrow £200 for 6 months at a rate of 292% p.a. (fixed). Representative APR 1,240.1% and total payable £367.40 in payments of £81.33, £73.23, £65.13, £57.33, £49.24, and £41.14.

Conduit logo

Conduit

Finally, Conduit (check eligibility) is our last direct lender, which, like QuickQuid, offers instalment loans of up to £1,500 over longer terms of up to 18 months. That's the same maximum as QuickQuid but with a higher representative APR of 171.94%.

Conduit representative example: Borrow £500 for 39 weeks at a rate of 92.27% p.a. (variable) with a 3% variable admin fee of £15. Representative APR 171.94% and total payable: £720.12 in 52 weekly payments of £18.08.

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

  • QuickQuid loan calculator

    Considering a QuickQuid short term loan? Use our calculator to work out how much you’ll pay back. You can also compare QuickQuid against the competition and make sure you’re getting the best deal.

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