However, the downside is that their APR of 2356% places them among the more expensive lenders. This APR, for a one month payment, translates to around £125 repaid for each £100 borrowed. This will vary because figuring out the interest from the APR is a complex calculation. There are some lenders on the market that offer 1 hour payday loans without ever doing a credit check. However, Quick Quid is not one of them and your credit record will be scrutinized. The application process is completed online, in the comfort of your own home, without having to wait in queues. There is no need to fax any documents in during the application process.
They have same day transfer, and staying true to their name, they can have the cash forwarded to you within 1 hour, no matter the day of the week (this also includes bank holidays). Just make sure that you apply between 12 AM and 10 PM. If you apply later than 10 PM you might not receive the funds on the same day, but they should be there no later than 01 AM the next day anyways. Check whether your bank supports the 1-hour funding service, though, because about 5% of their customers have banks that do not support this service. While many lenders who have developed a system for such quick transfers, charge a fee for it and do not allow for a longer but free of charge delivery option,
Direct lender loans online 1-hour funding comes at no extra cost, it is completely free. And even those whose bank does not support the 1-hour funding service, are still promised to be offered same day funding for free. An unique offer from Quick Quid also has them give you up to 20% off on every loan when you become a member of their Preferred Member Programme.
1 Hour Payday Loans @ http://www.directlenderloansonline.co.uk/1-hour-payday-loans.html
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