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Written by:

Cara Bradley

5 minutes mins read

Updated: 2nd July 2024


Are you looking for a loan? QuickQuid are no longer trading, but Little Loans are.
We’re a credit broker and we work with a large panel of trusted lenders to find a suitable loan for you.

Choosing Little Loans as your QuickQuid alternative

  • We can search for loans from £100 to £10,000.
  • Repayment terms from 3 to 60 months, depending on how much you apply to borrow.
  • Straightforward online application form.
  • Apply at a time and place that suits you, 24 hours a day, 7 days a week.
  • No-obligation quotes.
  • Little Loans do not charge any fees for our credit broking service.
  • Check your eligibility today with NO impact to your credit score.*

*If you’re matched with a lender and choose to make a full application, you will be required to undergo a hard search. Hard searches will remain on your credit file for up to 12 months, and too many hard searches within a short period of time could have a negative impact on your credit score.

Who was QuickQuid Loans?

QuickQuid was a trading name of CashEuroNet, and was considered to be one of the UK’s largest direct lenders of payday loans.

What happened to QuickQuid Loans?

It was reported that the Financial Ombudsman Service (FoS) received over 3,000 customer complaints about QuickQuid during the first 6 months of 2019. This contributed to QuickQuid going into administration on October 25, 2019.

Can I still apply for a loan with QuickQuid Loans?

No. QuickQuid Loans have gone into administration and are no longer accepting new applications for credit.

Are there any alternatives to QuickQuid Loans?

If you’re looking to borrow money, Little Loans could help you search.
The lenders on our panel offer loans from £100 up to £10,000 which, depending on the amount you apply to borrow, can be repaid between 3 and 60 months.

Who can use Little Loans to search for a loan?

You can use Little Loans to search for a loan if you:

  • Are over the age of 18;
  • Are a UK resident;
  • Have a UK bank account with a valid debit card; and
  • Have a regular source of income paid directly into your bank account.

Can I apply with bad credit?

Little Loans welcome people with all credit scores to search for a loan.
A number of the lenders on our panel specialise in loans for those with poor credit, although you should be aware that bad credit loans often come with higher interest rates.

How does the Little Loans process work?

  1. Complete our online form; this should take no longer than 5 minutes.
  2. We’ll run a soft search on your credit file. This will not affect your credit score.
  3. If we’ve been able to match you with a loan, you’ll be redirected to the lender’s website where you’ll be able to read further information about the offer.
  4. Should you decide to proceed with a full application, you’ll need to complete some further checks with the lender, including a hard credit search.
  5. If the lender is happy with the outcome of their checks, you’ll be sent a loan agreement. You should take the time to carefully read through the terms and conditions.

When will I receive the money?

If successful, your money could be sent the same day your application is approved. However, you should bear in mind that every lender has their own payout timeframe, so you may wish to check this with them before you make a full application.

The time it takes for the money to appear in your account will depend on your bank’s policies and procedures.

Is Little Loans regulated?

Yes, we are. Little Loans is a trading name of Digitonomy Limited and is authorised and regulated by the Financial Conduct Authority (FCA). You can find us on the FCA register here.

What happens if I miss a repayment?

Defaulting on your loan repayments could result in you being charged a late fee(s). You’re also likely to see a decline to your credit score, which could affect your chances of being approved for credit if you need to apply again in the future.

If you feel as though you’re going to miss an upcoming repayment you should contact your lender as soon as you can. They will discuss all possible options with you and will work alongside you to put a plan in place moving forwards.

I’m worried about money; what can I do?

You can access free, confidential money and debt management advice through a range of charities and organisations, such as StepChange, MoneyHelper, Citizens Advice, and National Debtline.

*This article is from May 2024; all information was correct at the time of writing.

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Representative example: Amount of credit: £1000 for 12 months at £123.40 per month. Total amount repayable of £1,480.77 Interest: £480.77. Interest rate: 79.5% pa (fixed). 79.5% APR Representative. We’re a fully regulated and authorised credit broker and not a lender