Warning: Late repayment can cause you serious money problems. For help, go to moneyadviceservice.org.uk
It is going to be time-consuming if you go around looking for loans without checking if you are even eligible for it. The UK government and FCA together have put forward a few basic qualifying criteria which should be satisfied thoroughly before you apply for a loan. At FleetQuid, we follow these rules strictly and carry forward your loan application process only if all these preliminary eligibility criteria have been satisfied. You can check these qualifying criteria by yourself and know if you are eligible to apply for a loan with us.
Should be 21 years of age and above
Should be a legal UK resident
Should have a legal permanent address
Should have a regular income
Should have an active UK bank account
Should not have been bankrupt in past 1 year
Representative example: £1200 loan taken over an 18-month term will have a total payback amount of £1570.50, at an APR of 36% with the payable interest amount will be £370.50, and a monthly repayment of £87.25. The loan amount does not need to be paid as a lump sum and can be repaid in instalments.
FleetQuid is not a direct lender but functions as an authorized broker who is thoroughly regulated by the FCA. We provide free services for our customers to use this website. We work by comparing the loan options from more than 40 lenders as per your requirements and will get you the most preferable options with the lowest possible APR. You can apply for a loan amount ranging from £100 - £5000, for which the lenders will apply considerable APR depending on the loan amount and other factors, with the maximum rate being 36%.