How much can I borrow?
Between £50 and £300.
When can I receive the loan?
Applications take several minutes and once approved, you could receive the money within a few hours. However, you could also receive money fifteen minutes after sending a text request for a loan.
What does this company offer?
Quid24 aim to provide loans faster than any other provider in the UK, offering to provide you with the money fifteen minutes after you text them. This means people can get a loan wherever they are.
Am I eligible?
To apply with Quid24 you must be at least 18 years old, live in the UK, be in employment (receiving a regular salary), and have a UK bank account.
Your credit history will be assessed when you apply, but you do not need perfect credit. You can borrow for a period of five days to three months, and you can repay the loan early with no penalties. Their interest rate is capped at 0.8%, and you may be charged for a late repayment. Existing customers are able to get instant transfers if they apply again, even via text messages. To do this, you must sign up, have the Credit Agreement authenticated, and then text Quid24 whenever you need cash.
Quid24 Ltd, 2nd Floor, 145-147 St John Street, London, EC1V 4PY