Who are QuickQuid?
QuickQuid is a well-known online lender in the UK, specialising in short-term loans designed to help consumers manage unexpected expenses. Initially launched in 2007, QuickQuid operates under the umbrella of Quick Loans Ltd. They are authorised and regulated by the Financial Conduct Authority (FCA), ensuring they adhere to strict lending standards.
Why are QuickQuid contacting me?
QuickQuid may contact you if you have an outstanding loan or if there are issues related to your account. This could include reminders about upcoming payments, notices of missed payments, or offers to assist with setting up a new repayment plan if you’re experiencing financial difficulties.
Is contact from QuickQuid serious?
QuickQuid may contact you if you have an outstanding loan or if there are issues related to your account. This could include reminders about upcoming payments, notices of missed payments, or offers to assist with setting up a new repayment plan if you’re experiencing financial difficulties.
Can a Debt Management Plan stop QuickQuid?
A Debt Management Plan (DMP) can help manage your repayments to QuickQuid by consolidating your debts into a single monthly payment that’s more affordable. By entering into a DMP, you can reduce the frequency of direct contact from QuickQuid, as the plan administrator should handle communications and payments on your behalf.
I have received a letter from QuickQuid, what does this mean?
Receiving a letter from QuickQuid generally means they are addressing an issue related to your loan. This could be a notification of missed payments, a statement of your current balance, or information on your repayment options. It’s important to read the letter carefully and respond accordingly to avoid further complications.
What rights do I have against QuickQuid?
As a borrower, you have several rights when dealing with QuickQuid. These include the right to fair treatment, to not be harassed, and to receive clear information about your loan. QuickQuid must comply with FCA regulations, ensuring transparency and fairness in their dealings. If you believe you are being treated unfairly, you can file a complaint with the Financial Ombudsman Service.
QuickQuid are sending debt collectors to my house, what should I do?
If debt collectors visit your home on behalf of QuickQuid, you are not obligated to let them in. Debt collectors cannot force entry without a court order. It’s important to verify their identity and contact QuickQuid directly to discuss your debt and explore possible repayment solutions.
Will QuickQuid repossess my home?
QuickQuid cannot repossess your home as their loans are typically unsecured. However, failure to repay your loan could lead to legal action, which might result in a court judgment. Communicating with QuickQuid to arrange a manageable repayment plan can help avoid this from happening.
What Debt Management Plans can help stop QuickQuid from contacting me further?
Essentially, yes. DMPs and other debt management solutions such as Individual Voluntary Arrangements (IVAs) can consolidate your debts into affordable monthly payments and can reduce creditor contact.
What if I can’t afford to pay QuickQuid?
Contact QuickQuid immediately if you’re unable to make repayments as they may offer to restructure your plan to make it more affordable. Failing this, you can contact debt charities such as MoneyHelper and Stepchange for free advice.
If you’d like to speak with an expert debt advisor, you can contact MoneyPlus today to discuss your potential debt solution options.
Typical APR*: 1734%
Address: QuickQuid, 483 Green Lanes, London, N13 4BS.
Telephone: 0808 234 4558
Website: www.QuickQuid.co.uk
* At time of writing Please Note: We are not, nor are we affiliated with, QuickQuid. However, if you are having trouble with QuickQuid, please contact us now.
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