Quick News

Our News service is sometimes tongue in cheek but the messages and accuracy are top level. We report on things long before main stream media.

Tuesday, 14 October 2014 22:50

Have the FCA Been Conned Over Payday Lenders

Almost 2 months ago QuickLoans.co.uk surrendered our Payday Loan License, something a lot of people cheered about. Those who thought - maybe still think - that closing the Payday Loan Market is a good thing, might just want to read what we have discovered since we left the market 2 months ago. The results will…
It is with regret that we have been forced into charging a credit check fee (not an admin fee) for applicants of all our loans. In July, the FCA (Financial Conduct Authority) launched new guidelines for the way that they expect lenders to run their businesses. They have also warned lenders about new rules starting…
The loans website QuickLoans.co.uk has, for the first time, included in its Radio and TV advertising campaign, a warning to customers that they should not try to find "Quick Loans" in Google.   In what may be the first case of an advertiser warning potential customers not to use Google. Quick Loans has said that…
Tuesday, 14 October 2014 22:48

Our Response to Martin Lewis

We wanted to write this piece in response to Martin's response to our own statement naming him as one of the reasons we have surrendered our Payday Loan License. I'm glad he took the time to respond, it wasn't expected but he did. Although he did mention that I aimed my "Venom" at him which…
Due to new rules and the threat of ever increasing legislation, QuickLoans.co.uk has announced that they are surrendering their license to provide Payday Loans in the UK.   The company (Quick Loans Dot UK Ltd) is citing their reasons for leaving the market as "The continuing, even increasing threats of political interference by the Government…
Tuesday, 14 October 2014 22:47

Has Natwest Been Hacked?

Natwest customers have been forced into looking for an alternative sources of funding, sometimes just to get home from work. Some being forced into getting payday loans because Natwest's banking system crashed on Thursday. But they haven't said what caused the crash, which is very suspicious and leading some to ask if Natwest has suffered…
Tuesday, 14 October 2014 22:45

Strange Reasons For A Loan

QuickLoans.co.uk decided to conduct a study of our customers and the reasons behind the need to apply for a loan our on this site. However we didn't ask those who were currently applying, because we felt that they would give answers that we wanted to hear in order to be approved for the loan. So…
Tuesday, 14 October 2014 22:44

Roll over loans to be banned

Roll over loans are to be banned in the new year according to news report. OK, here is a really really obvious objection to politicians. One of the biggest forms of lending in this country is Credit Card borrowing which is erm.... all about rolling over loans until the next month. Surely they can't be…
Tuesday, 14 October 2014 22:37

Bishops and Welfare

So the Bishops have come out and stated that the recent Welfare cuts are having a dramatic effect on the poor with some of them needing the help of food banks. That's fine, Bishops can have their say but it falls on businesses like ours to point out why the Bishops are completely wrong and…
Tuesday, 14 October 2014 22:34

Time running out for the TV license

Out of all the bills that land on the doorstep each month, the TV license is one of the most annoying. One of the reasons is that the TV license funds a dinosaur of an organisation that is utterly untransparent, pedals political deceipt, overpays crownies and run by an untouchable elite who have little experience…
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