Looking online to get a quickquid loan today? We can help, even if you have bad credit. We loan up to £1,100 with our 100% online process. No fax, no guarantor, no paperwork. If approved, you can be funded in just 1 hour! Try our fresh alternative in payday lending – We are a direct moral lender.
QuickQuid was launched in 2007, the first branch in the UK of the American company, CashNetUSA. In 2009, Quick Quid, CashNetUSA, and the new DollarsDirect all became Enova Financial, which was renamed Enova International, Inc. in 2011.
As Enova operates in many different countries and states, they have had to adapt their financial model to many different sets of regulations. In the UK, when the new rules from the FCA came into effect in January 2015, Quick quid and other payday lenders were forced to revamp their business model or close down. QuickQuid adapted, and continuing offering payday loans to UK citizens today.
Where Does the Term Quid Come From?
The word quid is a slang term for the British sterling’s pound. The Oxford English Dictionary found a record of this term being used as early as 1661 (“his Quids were vanisht”, Peter Arentine). It used to be a nickname for older currencies – the sovereign and the guinea – but when those currencies were replaced, the quid transferred to the pound we have today.
So where does it come from? There are many different theories, but the one that most people agree on is that it originates from the Latin phrase quid pro quo – one thing for another. The monetary connotations of this phrase add credibility to the theory. You can read more about the etymology of quid here.
How Much Quick Quid Can I Apply For Online?
If you landed on this page it’s likely that you were searching for a loan using brand terms like “QuickQuid”, “quid”, “Quick Quid” and even “Quickquid Loans”. If you are looking to obtain a QuickQuid loan today, we want to offer you an alternative. With Cashfloat, you can apply for up to £1,100 and repay your loan in up to 4 instalments. We will never ask you for a guarantor or any other paperwork for that matter.
Please remember that searching for British slang terms like “quid” or specific brand names like quickquid.co.uk may limit that amount of alternative presented to you by the search engine. You need to ask yourself what you are really looking for. Do you try to find the best loan for you? Or you want to narrow your search for a specific brand and only? You have a choice; you can be picky to find the best deal for you.
Cashfloat versus QuickQuid?
QuickQuid charge an interest rate of 292% pa (fixed). Cashfloats interest rate is lower at 270.10% p.a. (fixed). With Cashfloat you can pay as early as you want and save money. Cashfloat provides a quick service with same day payout.
To make it easy for you to compare lenders, we have created a “Dare to Compare” chart. Don’t take our word, ask any lender in the UK about the benefits you get for free with every Cashfloat loan.
If you find that Cashfloat is a good option for you, click on the apply now button to fill out the application form. We want to make it easy for you to compare, so we’re listing the main features of a Cashfloat payday loan in this table.
All about Cashfloat Payday Loans
|What is your representative APR?||997%|
|How much do you charge for same day funding?||Nothing at all|
|How much can I borrow if I am a new customer?||Up to £500|
|How much can I borrow if I am a returning customer?||Up to £1100|
|Can I repay my loan early and save interest?||Absolutely!|
Like what you see? Apply now with a lender you trust!
Where Can I Find Fast Quid Payday Loans?
Money does tend to get a bit tight towards payday, and sometimes a significant unexpected expense leaves you scrambling for cash. If you apply for an online payday loan with Cashfloat, you can have the money in your bank account an hour after approval. Just what you need to get you through until payday. An instant payday loan sounds appealing, but take the time to check which loan is right for you.
Can I Get a Quick Cash Loan with Bad Credit?
You can get cash loans quickly online from a handful of online lenders that specialise in bad credit loans. With Cashfloat, you will never be judged solely by your credit score. We take a lot of factors into account when underwriting our loans which means that you can still get approved, even if you have really bad credit. As well as having high acceptance rates, we will never charge you a same day funding fee!
Is Getting Quick Quid Safe?
If you make sure only to use payday lenders that are authorised by the FCA, then you can assume your loan is safe. The terms of your loan should be exactly what they say on the website. But is that what you want? Make sure you check out some other lenders too, to compare prices. And, if you’re looking at Quickquid for instance, be sure to check QuickQuid reviews. Reviews will tell you other people’s experiences, and it will give you a big picture of what a Quickquid payday loan is all about.
Why Should I Compare Quickquid Loans Alternatives?
QuickQuid is just one lender offering payday loans UK. But are you sure that they offer the best payday loans for your circumstances? Every payday lender has their own set of pros and cons. Make sure to do proper market research before you take any online loan.
Loan comparison websites are a good place to start, but be aware that they are sometimes not totally objective. This means that you need to go the actual payday lender’s website for full terms and conditions.
Make sure that you know what you are looking for in a payday loan. These are some of the things people look for in particular:
- Fast Cash – check each lender to see how long it takes to receive the money.
- A responsible moral lender – check they are FCA authorised
- Early repayment – some lenders let you pay early and you thereby save on interest.
- Good interest rates
It’s well worth your time to compare the prices of loans with a few different companies – and you may find that Quick quid loans are not the cheapest option available to you. We advise you to shop around before choosing a pay day lender. When you get to a lender website, such as QuickQuid, use their calculator to work out how much the loan is going to cost you. We also have an affordability calculator which tells you the likelyhood of getting accepted for a loan.
Make sure you only consider FCA-authorised lenders, so you know you’ll be in safe hands. Cashfloat is a fully authorised direct lender, and our motto is Treating Customers Fairly. Our genuinely friendly customer support team are there for you should you have any difficulty at any step of the loan process.
It’s now up to you to decide what you want. We believe that Cashfloat offers an excellent alternative to QuickQuid payday loans. We are a premium direct lender offering quick loans between £200 and £1,100. As a technology-oriented lender, our process is quick and smooth which means you can get funded just 1 hour after applying if approved! Our loans have already helped tens of thousands of people across the UK, some of whom had bad credit! Apply now with Cashfloat for a whole new borrowing experience!