Quick Quid

[chrissa1]

I read the previous questions in "Adverts" about Quick Quid and their excorbitant Interest Rates. I borrowed £400.00 back in March and was due to repay it at the end of the month. Unfortunately I was unable to do this and therefore asked for an extension.
This was given to me. I was being called by a call centre in America and they were very pleasant to deal with.
To cut a long story short, I was offered a final settlement figure of £201.00 and this was paid yesterday.

This may sound unbelievable but it is true. They leant me £400 for 4 mon ths and I only had to pay them back £201.00!! I even received an e mail offering me another loan this morning. I won't be taking the offer up though.

Exorbitant Interest Rates?? Not in my experience. Any thoughts?

[redcrx]

did you pay it to quick quid or a nice person in a call centre in America? lol

i hope that you have checked it thoroughly :)

[chrissa1]

Ha. No no, it went to Quick Quid.

[redcrx]

i would call them and double check though, just to be sure

[factor-fiction]

Is this the one where the APR is over 5000%?
Great result it seems in your case, crissa1. I've never heard of this happening before.
Have you got anything in writing? I just hope this wasn't some sort of admin fee and there isn't a debt somewhere that's still mounting up at >5000% pa!

[chrissa1]

My bank statement shows the money going out to Quick Quid redcrx.
Factor, nothing in writing but I got a call from them yesterday and they were talking about a balance of £199.00 that they had tried to take from my account but of course couldn't. The lady in America double checked and told me that it was their fault about the £199 as she could see that I had been offered a settlement of £201.00. Profuse apologies were offered..and.."Have a Nice Day!!".

[redcrx]

sounds like someone has made a huge mistake there then