Payday UK Quidco Cashback?

Human123

Hello

I expect this has been mentioned but i noticed that payday pay £65 for a completed loan.

Does this mean i can take a loan for £100, pay the £25 interest and then gain the £65 cashback?

CHR15

Yes, people here have done that.

You will need to consider the risks though of Quidco failing to track or the paypay loan company having some kind of technical hitch which may prevent the loan repayment getting there on time.

~Beanie~

Yes I did it and got my cashback in about 4 weeks.

Kavanne

You can take a loan for £80, pay back £100 and come out £45 on top. I applied last week. got money on Mon. All tracking OK so far.