Quidie Online Lending

APR: 423.8% Representative
Loan amount: £100 - £1,000
Repayment duration: 1 - 6 Months
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Quidie Online Lending customer reviews

3.4 out of 5 from 5 reviews

Avoid

15:06 27-02-2016

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Looks shiny and friendly but interest rates are still ridiculous. After using have found a good budgeting app which keeps me on track.

Emma

issue

16:24 03-02-2016

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i had a issue with my bank card as i lost it, i called quidie explained the situation were so helpful and understanding i spoke with a guy called Alex on web chat who was dealing with my issue, so i got him to change the date of my repayment which was simply easy to be honest, which i was satisfied with.

James Lee Vardy

Loan/Customer service

12:00 03-02-2016

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Great customer service i was having trouble with some personal issues and they took this in to consideration and instead of giving me hassle they helped QUIDIE!!!!!!!!!!!!! The best

Matt Bennet

Loan

10:49 03-02-2016

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Quick and efficient. Would definitely recommend to a friend if they needed a loan like me

Lynette Reeves

Expensive

18:11 30-11-2015

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Maybe a bit better than a traditional payday lender but still not great, but when you most need a loan you've got to sometimes take a hit.

Donny

Our review of Quidie Online Lending

Our review by Alex
Written by: Alex
Simplicity
42.3
Features
62.0
Consumer sentiment
15.5

Total OPTIOSCORE
38.8/100

Quidie Online Lending offer a representative APR of 423.80%, and their product is fairly standard compared to their competitors but does include things like no charges for early repayment and online account management.

The application process is also pretty much the same as others on the market and Quidie Online Lending will ask you the usual questions about your financial circumstances to determine whether you’ll be able to pay back the loan. One thing that does set them apart is that they offer a live chat service on the website and you can complete all of the application, including signing for the loan online.

Looking at their online reviews it seems that Quidie Online Lending’s slightly stripped back approach is welcomed by their customers. On feefo.com they have received a 97% positive rating from 33 reviews and customers have appreciated their prompt service, efficiency and clear process.

As with any high-cost short-term product the usual warning applies. If you have any doubt whether you can afford to repay your loan on time and in full, then don’t apply. By missing or being late with repayments, you will not only harm your credit file but could be subject to a number of fees, which can soon make things very expensive.

Overall verdict: Quidie Online Lending offer an expensive product and you should consider your alternatives carefully before applying. Saying this, if you do decide to go down the route of a high-cost short-term loan it’s worth considering Quidie. Customers who have dealt with them seem to have had a positive experience, so they’re obviously doing something right.

Highlights

  • Live chat service on the website
  • No charge for fast transfers
  • Existing customers can apply through their online account
  • Early repayments available at any time up to the due date

Minimum criteria

  • You must be aged at least 21
  • You must reside in England or Wales
  • You must be in regular paid employment

Fees

  • Maximum APR 423.8%
  • Arrangement fee: £0
  • Early repayment fee: £0
  • Late payment fee: £5

Quidie Online Lending Customer Question & Answers

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About Quidie Online Lending

Quidie Online Lending offer loans from £100 to £400 over a maximum of 6 months. Their representative APR is 423.8% and interest of 180% pa. To complete an application customers will need to fill out the form online, go through affordability and credit checks and will then be given a decision on the loan. If successful the applicant will need to confirm the loan using esignature and once everything is confirmed the loan can show in your bank within 15 minutes.

Customers of Quidie Online Lending need to be at least 18 years old, a resident of England or Wales and in regular paid employment. During the application process they will assess whether you’ll be able to afford the loan and this will go towards the decision. The length of the loan can be between 2 and 6 months and will be determined by your next payday, however, if that is less than 7 days, it will be your following payday.

There are no hidden charges for early repayment or arranging the loan, however charges will occur if there are late payments. As with most responsible lenders, you will never pay back more than 100% of your original loan.

This profile has been claimed
Provider last seen: 5:27pm 21/3/2017
Product data last updated: 12:30pm 8/11/2017
Warning: Late repayment can cause you serious money problems. For help, go to moneyadviceservice.org.uk