Is this really free money ?

[Hodders]

Quidco are offering £70 for a loan taken out with paydayuk. Paydayuk charge 25% for a 1 month loan. So I borrow 80 quid, pay back 100 and receive £70 from quidco. Net profit £50 !

Am I missing something ?

 

[tres]

quidco rocks

 

[fonzee]

read the terms? may be a certain loan amount you need to take out to get that full £70...

 

[tres]

quidco usually have the terms and conditions on their site, not the merchant?

 

[Hodders]

It just seems to say that you get the cash upon completion of a successful loan application.

 

[Avalon]

They were doing £40 last month so borrow £80, pay back £100 profit of £20 This month it's even better, I have no hesitation in making money from the likes of Payday UK and yes Quidco is fantastic

** Edit ** Just logged into my Quidco and last months is showing as validated Payment this month, get the cash from Quidco next month, as for taking ages i've had £433.03 out of them in total so far I don't think waiting 2-3 months for payments is asking a lot considering it's just from buying things online that I would have anyway.

 

[PaulStat]

plus it's slooooooooow getting any money via quidco, out of the 2 transactions i've had one took 3 months the other 7 months

 

[platypus]

Sounds like a good deal to me.

 

[Kyle009]

Is it really worth the hassle for £50?

 

[Maccy]

I really should use Quidco more often!

 

[tres]

plus it's slooooooooow getting any money via quidco, out of the 2 transactions i've had one took 3 months the other 7 months

this one's paying in 1 month, "very fast"

 

[tres]

Is it really worth the hassle for £50?

it's 15 mins work, that's a decent hourly rate!