APR: 1212.95% Representative
Loan amount: £150 - £1,500
Repayment duration: 1 - 6 Months
OPTIOSCORE 46.2/100 
Time to apply: 01m 30s
Trusted Quid customer reviews

2.7 out of 5 from 9 customer reviews

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Representative Example: If you borrow £300 over 6 months at a Representative rate of 1,213.0% APR and an annual interest rate of 284.00% (fixed), you would pay 6 monthly instalments of £94.28. The total charge for credit will be £219.47 and the total amount payable will be £519.47.

Trusted Quid customer reviews

2.7 out of 5 from 9 reviews

Nice product

09:34 10-07-2017

via Choose Wisely

Decent flexible product that sorted me out during a bad few months. Was able to draw on the credit line twice during the term of the agreement and paid back early on the second meaning I paid less back and saved money!


Bombardment of calls, texts & emails

15:20 29-06-2017

via Smart Money People

I received a link to a credit broker with a view to taking on a debt consolidation loan. The broker put me through to Trusted Quid who then bombarded me with texts, calls and emails, despite the product not meeting my original enquiry through the broker. I wish I could remember the broker name as well but can't, but also very wary of Trusted Quid who seem to think they could make the shoe fit when it was clearly the wrong size. Stay clear as they will pester you

Tom Manning

Need cash in a dash

09:47 29-06-2017

via Smart Money People

If your in a financial pickle and need a little help,you can trust Trusted Quid to help you out,simple and straight forward and transparent



14:52 25-06-2017

via Smart Money People

I have a loan with them, but happen that i facing some hard time so ring them to try find solution how could repay loan but in smaller instalments, so they said ok firstly cancel DD because it was like two days before due day. and call on the day when repayment have to go. so on the day checked my bank acc DD did not went through because i cancelled it with my bank, but they took money anyway because they had my card details. Still cannot finde agreement for reduce payments.

Martynas Simutis

Decent Lender

21:07 22-06-2017

via Smart Money People

have used this company on a couple of occasions, treated well by staff and made to feel that they appreciated my business.


No funds

15:56 05-06-2017

via Smart Money People

Approved..2 days later no funds in bank.. I'll be contacting them!!


No funds

15:35 05-06-2017

via Smart Money People

Approved..2 days later no funds in bank.. I'll be contacting them!!


Not flexible and very rude and unhelpful

18:05 22-12-2016

via Smart Money People

I have a loan with them which is to be paid back in 6 installments. I called today to re arrange the schedule as I have just been given a very large unexpected expense which will take up most of this months wage. I explained I wanted to ensure I do not have a missed payment but would need to pay a small token payment this month and make the rest up over the next few months. I made it clear I wanted to stick the agreed amount of months but needed assistance this month. I still want to pay something and did get in touch 1 week in advance, The "account manager" I spoke to advised there was nothing he could do and if I did not pay the agreed amount I would be given a default. No flexibility for unforeseen circumstances. The advisor was extremely unhelpful and came across like I was inconveniencing him by making this phone call. Will not borrow from them again once I have paid my balance.

Joe Bloggs

Established company offering a great product and rewards for paying your loan.

22:55 08-08-2016

via Smart Money People

Great company who I have used on and off over last few years. Particularly like the rewards card and website you get access to once you pay your loan off in full.

Colin Roy

Our review of Trusted Quid

Our review by Chris
Written by: Chris
Consumer sentiment


Trusted Quid is a short term lender based in the Edinburgh suburbs, serving customers since 2011. They specialise in providing high cost short term loans, with a very clear repayment schedule. Trust is in their name, so the company has focused on customer service and building lasting consumer relationships.

Trusted Quid provides loans of between £100 and £1500, although first time customers typically receive £250. The company only lends as much as they believe their customers can afford to repay. The loan term is fixed at six months, although you won’t pay a penalty for early repayment. The costs are set out very clearly on the Trusted Quid website, where you can apply online. There is a fixed APR, and the company evens lets you know the actual cost of the interest you will be paying per day.

As a small company, Trusted Quid has very few reviews available at the time of writing. Customer opinions are mixed, and we’d like to know more about people’s opinion of the application process. The company has an interesting offer of a reward card and website for customers who finish paying off their loan, which provides discounts in shops and restaurants. This perk has been mentioned in the reviews as a good reason to choose a loan from Trusted Quid. However, all short term loans are a high cost way of borrowing and it’s important to compare your options and check you can afford the repayments before applying.


My Verdict: A small company focused on customer service and building relationships with consumers, Trusted Quid are worth looking into. Their loyalty card offer is a clever way to reward customers who have completed their repayments. As with any short term loan, be sure you’ve compared all your options and are confident you can afford the repayments before you apply.



  • No surprise charges
  • Access to Trusted Quid Rewards Programme upon completion of first loan
  • Same-day funds available

Minimum criteria

  • You must be a UK resident
  • You need to be at least 18 years old
  • You must be full time employed and make at least £1000 per month
  • You must have a UK bank account with a debit card
  • You must not be bankrupt


  • Maximum APR 1256.56%
  • Arrangement fee: £0
  • Early repayment fee: £0
  • Late payment fee: £15

About Trusted Quid

Trusted Quid is a short term lender that provides loans between £150-£500 over 6 months. If you successfully complete your first loan you may be eligible for access to the Trusted Quid Reward Programme.

If you miss a payment you may be subject to a one off late payment fee of £15.

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