selwyn_froggit04
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I recently took out a Quickquid loan of £200. But because I get paid weekly I pay more charges 11 March recieved £200 24th March paid £44.25 after discount 5th April payment of £259 due this is what they call a 2 tier payment However someone who gets paid monthly it would be as follows 11th March recieve £200 5th April payment due £259 only requiring one tier payment Having spoken to Quickquid trying to explain that I am being charged more for borrowing the money over the same period it basically went a deaf ears and they say it is a payday loan and not a loan over a period of time. If I want to extend my loan then they would go on my next payday so there would be a payment of £59 on 5th April and then £259 on 13th April Monthly paid person would pay £59 on 5th Aptril then £259 on 5th May I would have had to use an extention on my loan but the monthly paid person would just have used the 2 tier option I have I a right to take this further not having got reasonable satisfaction or answers from Quickquid
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