PaydayUK, spend £20 get £50 Quidco?

System

Ive discontinued mine cause they are getting a rsey about the documents so they can poke it

[Deleted User]

hayley25 wrote: »

they dont ask you a lot. Just about your monthly wage and if you have a debit card. Address and things like that. I have a bad credit rating and I got accepted.

Not surprised they're not that fussy with the amount of interest they charge !!!

[Deleted User]

pippitypip wrote: »

worldwide3 - I had the same thing happen to me - completed the transaction via quickquid as got diverted and paydayuk not tracking yet in quidco (I did it last thursday) borrowed £50, payback £62.50, cashback £65 hopefully at any rate. Bit worried it isn't tracking yet though...

pippitypip

Whats the minimum you can borrow then?

pebblespop

on paydayuk you can borrow £80 minimum and pay back £100.

i am not sure if the people who have gone through to other payday companies will get the cash.

my OH tried to do it and was turned down, the screen flashed up briefly that paydayuk couldn't help him but they would forward him to another payday company - he didn't bother continuing as i was sure if it would work.

pippitypip_2

Hmm it is odd. I wasn't told payday couldn't help me, but just transferred directly to quickquid after completing the form.

I borrowed £50 and will be charged £12.50 for it - payday didn't track so have put in an earnings enquiry through quidco - we shall see..

Will be pretty p'd off if it doesn't go through now; not used them before didn't think anything of being put through to quickquid..

pippitypip

[Deleted User]

pebblespop wrote: »

on paydayuk you can borrow £80 minimum and pay back £100.

i am not sure if the people who have gone through to other payday companies will get the cash.

my OH tried to do it and was turned down, the screen flashed up briefly that paydayuk couldn't help him but they would forward him to another payday company - he didn't bother continuing as i was sure if it would work.

I see cashback is £50 now. Seems OK, £30 profit, IF you get the cashback. Just a bit concerned that its £20 down the swannee if you dont get the Cashback.

danilou21

karie wrote: »

would this have any sort of negative effect on your credit rating?

If you use any of these loan or financial companies to earn cashback then it could affect your credit rating. Personally its not worth it as you could get a bad rating and the companies sell on your info to other companies.

eva16006159

I wasn't sure if you could do this more than once but thought I'd go for it and it's validated and paid three times so far. Think if you give slightly different details it works fine.

pebblespop

jamesevans25 wrote: »

I wasn't sure if you could do this more than once but thought I'd go for it and it's validated and paid three times so far. Think if you give slightly different details it works fine.

interesting....

think i might give it another go once the first one pays out!!

pebblespop

danilou21 wrote: »

If you use any of these loan or financial companies to earn cashback then it could affect your credit rating. Personally its not worth it as you could get a bad rating and the companies sell on your info to other companies.

why would it give you a bad credit rating??