Following the challenges that were facing Wonga, Quick Quid became the UK’s biggest payday loans lender. As part on the US company Enova, EuroCashNet UK grew Quick Quid and their other brands, Pounds to Pocket and OnStride to be household names in the UK due to a large TV advertising presence.
As with Wonga, they faced challenges due to increased oversite from the Industry regulator, the Financial Conduct Authority, and they went into administration in October 2019, closing all 3 brands.
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