About Trusted Quid
As a trusted lender, Trusted Quid has been trading for over five years in the UK.
We believe what makes us different is our foundation based on trust, which is a very important part of online short term lending. Earning and keeping our customers' trust in everything we do is how we ensure that we are always building on the relationships with our customers.
Building trust is important to us
- Trust that applying for a loan is safe and secure
We use the safest and most secure systems to ensure your private and sensitive information is protected and safe. You are guaranteed of the most secure loans in UK.
- Trust that there are no surprise charges
Our aim is to offer transparent loan services, so you can rest assured that there will be no hidden charges when applying for our short term loan option. Transparency of all our services is our guarantee to you.
- Trust that your application is kept confidential
We do not share your information with additional parties. We want you to know that your application is confidential. Once more, we want to earn your trust and we do so by keeping our promises to you.
- Trust that funds will be deposited directly into your bank account
You won’t be waiting on the funds that you require. Once you loan has been approved, we will transfer the funds directly into your bank account. Efficient services are what make our loan model a successful one.
What Trusted Quid can offer you
Are you looking for a short term loan that is easy to apply for and immediately transferred upon approval?
We will be happy to assist you in getting the funds you need in the shortest time possible. What you spend the funds on is up to you.
Interest charged to our short term loans
You will only be charged for the duration you have the loan and we charge £0.78 per day per £100.00 borrowed.
Our interest rates are of the lowest in the short term loan industry.
Early repayments save on interest charged
We want you to save money wherever possible.
Thus, should you repay and settle your loan earlier than your initially agreed upon repayment term, you could save on the total interest amount that you would have paid over the full repayment term of the loan.
Flexible repayment options
Repayments are made via direct debit using the bank details you provided during the application process.
You will also receive monthly statements on your loan to keep you in the loop every step of the way.
In a Nutshell
- Average processing time Same day
- Online application
- Unsecured loan option
Trusted Quid provides the best short-term loans in the industry
Before applying for a loan through Trusted Quid, we will require you to meet certain minimum requirements.
There are various aspects that will impact the outcome of your loan, which includes eligibility, income, credit history, ability to repay and most importantly the overall affordability of the loan.
You must meet the following requirements
- Be at least 18 years of age
- You are required to have permanent employment, we do not offer loans for temporary, benefits, contract, or self-employment
- Earn at least £1000 per month
- Have an active checking account and an associated bank debit card
Various loan amounts available
You can borrow from £100 to £1500. First time customers are able to receive £250 and are limited to a maximum loan amount of £500. Whereas existing customers are eligible to receive up to £1500. We like to reward our return customers.
Same day payments
If your bank supports faster payments, you will receive the funds the same-day that your loan has been approved. No more waiting on funds that you might require urgently.
Simple repayment structure
We offer a repayment term of six months and as our interest is charged daily, you are able to save on interest by repaying your loan earlier. There are no penalties for early repayments and it is a sure way to ensure you do not repay more than absolutely necessary.
Should you repay your existing loan earlier than the repayment term, you have the option of a further loan advance. Terms and conditions apply when applying for a further loan advance.
Fast loan application
It should only take approximately 10 minutes to complete our online application. More often than not, we can provide our customers with a preliminary decision within minutes.
Additional information required
We might request additional information from you including verifying your employment and your bank information. Verification steps are needed to ensure all information provided is accurate. The loan application process is quicker if you are an existing customer.
Eligibility & Requirements
- 18 years or older
- UK resident
- Employed full-time
- Active UK bank account
- Recent pay slips
Other Products & Services
- SHORT-TERM Loans
- PERSONAL Loans
- QUICK Loans
Customer Reviews & Testimonials
Good service, with the money being paid out earlier than expected. Thank you!
— York —
Despite my surname, I was in dire need of cash to pay a vet bill; thankfully my loan was approved in minutes and I could pay the bill.
— Chester —