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.

The Government has confirmed that they intend to widen the qualifying criteria of the “Debt Respite Scheme” (which is more commonly known as Breathing Space) so that more people can take advantage of it. We believe this is a bad idea and here’s why. In 2002 Gordon Brown brought us the Enterprise Act, which, in…
Sat with smirks on our faces we have been watching the Facebook privacy saga unfold here at Quick Loans. The hysteria of the media and Facebook users has been priceless, if not a little irritating. We are not for one minute saying that we find it funny that people have had their personal details passed…
About 6 months ago this site was laughed at when we said that lenders were on the verge of pulling out of the UK market if the short term credit cap was not lifted. In the last few days, one of the UK’s biggest short-term lenders has stopped lending. Seems that our sources were right…
Apple is facing multiple legal claims from people who have had their devices slowed. They kept the reductions in performance secret and hidden in updates Share price of Apple still at an all time high There have always been suspicions that Apple was using software updates to slow iPhones and iPads. Some have continued to…
Monday, 26 March 2018 15:49

Could FaceBook Go Bankrupt?

With all the trouble that Facebook has been facing recently, the question has to be asked, could they go out of business? Our answer is yes and they probably will within 3 years. FaceBook is under pressure like never before. Anyone watching the media appearances of Mark Zuckerberg can see the stress on his shoulders…
BitCoin is backed by nothing BitCoin is different from Fiat Currencies, despite what supporters say. “Don’t understand it, stay out of it” is the golden rule There aren’t many people that won’t have heard of the BitCoin story. BitCoin is an algorithm which people use to make transactions. It is not a currency, despite what…
We were recently doing some market research on our competitors to see who was offering what. We started to notice that almost all of our competitors have thousands of public reviews. Without a shadow of a doubt, let us tell you now – they are 99.9% fake. Let us think about this logically, you get…
Today we have lodged a complaint with the FCA about the conduct of so-called Money Expert Martin Lewis for giving advice on regulated products, in this case mortgages. We believe there is a case to answer, or at least consideration for prosecution / or a public of Mr Lewis for breaching rules regarding giving regulated…
We are looking for a mixture of 10 current and former students who feel they may have been mis-sold their students loans. We are looking into are the possibility of funding a legal challenge against the Government backed Student Loans Company The rules on lending are very clear and there are certain checks that providers…
We are pleased to announce that we are moving ahead with our new service “Pay As You Warm”. The new service is completely different from anything else available because it will partially disable boilers if payments are not made on time. Many poor people are locked out of buying a new boiler because of their…
Later this week or early next we are going to be running a new story on enforcement by the FCA, and Action Fraud. As luck would have it (bad luck for consumers) we have this week become aware of someone trying to scam customers by pretending to be us. We've decided to do a live…
Monday, 28 August 2017 13:11

The FCA and Provident Credit

There are times when we have been called a bit thick, we’ve all had our dumb moments and this maybe one of them. But we wanted to air some questions about the Provident Credit issue and the role of the FCA in it because we just don’t understand it. We should first explain that we…
We’ve known for some time that people are struggling with rising bills, but we’ve also been made aware that despite this, people are still opting to spend unnecessarily on the plastic without completely accepting the consequences of this action, and what can happen when you spend what you can’t afford. So, it really has come…
We’ve just read the utter nonsense that’s come from the Chief Nanny at the FCA Andrew Bailey in his The Times article. He simply does not understand the realities of what is going on in the real world. Or he is refusing to accept reality. With this he is doing a disservice to both lenders…
Sunday, 02 July 2017 01:07

Debt on the rise - again!

We seem to do nothing but bang on about the dangers of debt and the implications that everyday poor financial management can have on peoples’ lives – but it seems that no matter what we say or what we do to warn of the repercussions, people in the UK are heading down a dangerous overspending…
There is an image that all of our customers are hardworking individuals that have fallen on hard times. We need to introduce you to a whole new level of stupidity - the Corbyn voter! We guarantee this is 100% genuine and came in yesterday. Unfortunately, it is totally indicative of what we have to face…
After a little spat with the well known BBC reporter Paul Lewis, we decided to tune in on Saturday to one of his broadcasts. They invited a Mike O’Connor on from Step Change. We hate to say we told you so, but we did – 3 years ago. Background When we announced that we were…
Tuesday, 13 June 2017 14:58

Clarification about our return

We’ve just released a press statement about our return to lending. The main story for us is that we are returning to lending. Unfortunately many have picked up on the reasons for our return - the soon to be increase in the lending cap. First of all we didn’t realise this was such a big…
With the soon to be announced news that the FCA is to relax the price cap on lending. Quick Loans has decided that we are to make a rapid return to the loan industry later this year. In 2014 the FCA were ordered by the treasury to introduce price caps on short term loans. They…
Quick Loans is a large personal finance group that includes brands such as QuickLoans.co.uk We are returning to lending this year and now looking to expand our talented team. Quick Loans is expecting the lending industry's price caps to be relaxed in 2018 and is preparing to re-enter into full scale lending. Our expected Turnover…
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