New QuickQuid FlexCredit Loans
QuickQuid FlexCredit Loans: Charges per £100…
£23.49 (1 month)
£35.49 (2 months)
£47.79 (3 months)
£59.59 (4 months)
£71.77 (5 months)
£83.56 (6 months)
£95.70 (7 months)
£107.58 (8 months)
£118.65 (9 months)
£131.24 (10 months)
Over the single month the charge is simply 23.49% whilst for 10 months you are looking at 131.24% (translates monthly to just above 13%). I assume that the QuickQuid Promo Code should be available to use on these loans (25%). To compare, their main loans per £100 will either be £20, £25 or £29.50. The promo code turns these charges into £15, £18.75 or £22.13. With the promo on the new QuickQuid FlexCredit loans that initial monthly loan should come down from £23.49 to approx £17.62 that is a fair price considering that there is no interest based scoring in place. Finally, you can freely change the repayment schedule at any time or clear the balance from within your account management.