No, we do not charge fees for making a loan request with Quidzu. We work on a commission basis with our lending partners and may receive a commission if your submission is successful. But you can rest assured that if you submit an inquiry, you will not be charged anything by Quidzu.

We don't make any money from referring you to a local lender.

No, making a loan submission will not negatively impact your credit score. Credit checks will be carried out as part of the approval process, but your credit score will not be negatively affected by the submission itself. Your credit score may only worsen if you are accepted for a loan and then struggle to make repayments on time, putting your account into arrears. Conversely, if you make repayments on time, your credit score could improve. However, payday loans should not be viewed as a method to boost your credit score.

If you miss your scheduled repayment or are late, you may be charged a late fee, and this could negatively impact your credit score.

If you think you will have trouble repaying this month or next, it is important to speak to your lender as soon as possible. They can usually help you and reduce any late fees or damage to your credit rating.

If you use one of the lenders we suggest in our directory then you'll need to check in with them. If however you use our online service money can be sent to your bank account within 24 hours (or sometimes just a few hours). As a standard, we say that you should be able to receive funds by the next business day.

Repayments are collected automatically from your bank account, on a scheduled date that you have agreed with the lender. You will be sent reminders on the days leading up to repayment so that there are no surprises. Repayments are made each month over a period of 1 to 60 months, depending on the size of your loan.