QuickLoans.co.uk is a peer to peer lending site on which borrowers can post their loan request online so that lenders may offer them loans directly.

The benefits to borrowers are that they can apply once and have many lenders review their applications, this saves time for the borrower. The second benefit is that lenders will compete and have to give you the best APR and terms in order to get your business. When you apply, lenders do not get to see your personal circumstances. Only if they agree in principle that they can offer you a loan does the lender you have chosen, get to see your details.

Lenders can also benefit from the site because they don't pay commision to brokers and other websites. Lenders also get a steady supply of free loan leads in one place without having to pay for them and this saving can be passed on to the borrower. Please be awar that if you wish to apply as a lender, you will need to have a consumer credit license already authorised.

We hope the site is simple enough for everyone to use, but if you are having any problems either as a borrower or a lender, then head over to our forujm where we can answer any of your questions.