QuickQuid Loan Alternative

Are you looking for a short term loan or a QuickQuid loan alternative but you’re not sure where to turn? Here at LoanPig, we can provide you with all of the help that you need. One of the biggest reasons people get caught up in recurring debt in relation to payday loans is because they are borrowing more than they can afford. This is due to not scouring the market, as you frequently turn to the big name brands you trust. Names like QuickQuid Loans or Wonga loans are very well known. They aren’t always the best option if you want an instant payday or short term loan.

What are the Alternatives?

While it’s important to trust the company you borrow from, loans like QuickQuid aren’t always the best option. Doing your research, and looking at all of the different options that you have available can help you to make the right decision. Whether you’re looking for a QuickQuid alternative, or you’re simply searching for a range of different options before you make your decision, you can be sure to find all of the information that you need right here at LoanPig.

How Does LoanPig Work As A QuickQuid Alternative?

LoanPig are a direct short term loan lender and use a small panel of lenders. This allows us to provide huge levels of flexibility, because of this we have one of the highest acceptance rates on the market. Due to the saturated market when it comes to short term loans, it can often be difficult to know who to turn to when you’re facing a financial emergency. Here at LoanPig, we can do all of the hard work for you. All you have to do is use our online loan calculator to choose how much you want to borrow and the length of time in months. Complete our quick and simple application process and we will match you to our panel of some of the UK’s leading lenders.

How Flexible Are Loans Like QuickQuid?

Loans like QuickQuid provide flexible options when it comes to how much you want to borrow and your repayment period. Their customers are offered a period of one to three months to pay off the loan. This can be extremely helpful when it comes to emergency loans but you might need longer. Flexibility is important when it comes to a facing a financial emergency, and that’s why here at LoanPig we offer loans up to 12 months.

LoanPig vs. QuickQuid Loans

There are a number of differences between LoanPig and QuickQuid payday and short term loans. The major difference is that QuickQuid are a direct lender, whereas LoanPig are a direct lender as well as a broker. However, we are both approved and regulated by the Financial Conduct Authority, meaning we are safe and reliable lenders. The difference is, LoanPig are more likely to find you a loan.

Payday Loan APR

Because we use a panel of lenders, all of whom operate with different levels of APR, we provide a Representative APR example on our online loan calculator. This Representative APR can range from 200% to  1261%, as this is a competitive market rate. The APR at QuickQuid however is 1295%. Please note however, that representative APR although accurate is not always a good measure of the cost of a loan. There are other factors such as extra charges and fees so always read the small print.

Repayment Periods

The repayment periods offered by LoanPig and QuickQuid loans also differ dramatically. As previously mentioned, LoanPig offer loan repayment periods of 1 – 12 months, but our loan periods 3 months &  6 months are the most popular, which is a more flexible length of time offered by QuickQuid payday loans. While loans like QuickQuid can be exceptionally helpful when it comes to short term borrowing, the flexibility provided by LoanPig can help to ensure that your repayments are more manageable than ever, helping to ensure that you do not fall into any trouble as a result of our payday loans. This is all a part of our responsible lending practices

Quick Applications

We pride ourselves on providing you with a quick and simple application process. QuickQuid payday loans will also offer a quick application process, as this is standard practice in the payday loans and short term loans industry. They aim to process your application within 30 minutes, and the funds will be sent to your bank account within 10 minutes of approval as long as your loan is approved by 2.30pm on that day. With LoanPig however, you have a little bit more time as our cut off for same day bank transfers is 3pm.

Responsible Lending

As a QuickQuid alternative, we pride ourselves on being FCA approved just like loans like QuickQuid are, and for good reason. This means that they are regulated and will also practice responsible lending, which puts the customer first in every scenario. Here at LoanPig, we also pride ourselves on being a responsible lender who is regulated by the FCA and entered on the Financial Services Register. This means that you are always in the safest of hands when it comes to finding loans like QuickQuid, with the help of a lender/broker like LoanPig.

Why Choose LoanPig as a QuickQuid Loan Alternative?

Here at LoanPig, our customers are our first priority, and we will do everything that we can to help you with your financial emergency. We understand that when facing a money problem, you’re going to need cash fast, and so aim to have your money with you on the same day. As a QuickQuid loan alternative, we can provide you with a selection of some of the UK’s best short term loan direct lenders, so you have far more choice and more flexibility when it comes to how much you want to borrow and how long for. No matter what you’re looking for, you can be sure that you can rely on LoanPig. Visit our FAQs, or get in touch with a member of our expert team online today!

Is Quick Quid a Direct Lender?

Quickquick is a direct lender which means they lend their own funds. This also means they make the decision on whether you have bad credit or can afford the repayments. This is part of responsible lending and when it comes to short term loans like QuickQuid, LoanPig are a perfect alternative. We offer a similar service as LoanPig are a direct lender and broker. This means we will try to lend to you via our sister company. If we can’t we’ll find you a loan from our selected panel of lenders.