What is the maximum loan term?
The maximum loan term offered by Quick Quid, a UK-based lending company, is 12 months. This means that customers can choose to repay their loan over a period of up to one year. Quick Quid understands the need for flexibility and aims to provide short-term financial solutions to their customers. The duration of the loan term depends on the specific needs and circumstances of the borrower. It is important to note that longer loan terms may result in higher interest charges, as interest accrues over a longer period of time. Quick Quid encourages borrowers to carefully consider their repayment options and choose a loan term that suits their financial situation and ability to make regular repayments.
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Answered May 3, 2024
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