Formed in 2012 as Quick Cash Club but recently re-branded as Back to Back Loans they are a direct loan lender based in the UK. The company was founded by a team with a wealth of experience in the market and were therefore in a position to offer small cash loans quickly and efficiently from day one.
The company specialises in providing loans that may not be available from other lenders in the market if you have a poor credit history for example.
If a borrower provides a suitable backer then loans of up to £7500 are offered for a maximum term of 24 months. The backer could be a family member, friend or perhaps colleague but they will need to be prepared to secure the loan. They need to be at least 21 years of age with a good credit history but they do not need to be a homeowner.
Back to Back have a customer service team based in the UK who can be contacted by both email and telephone.
Loan terms available range from six to 24 months and if you choose to repay the loan early there are no penalties so if you find yourself able to pay off the outstanding amount early, perhaps due to a pay rise or unexpected windfall you can pay off the balance of the loan as soon as you choose. This will also bring down the overall cost of the loan so is well worth doing if circumstances allow.
Once your loan application has been approved with a suitable backer you can receive the cash the same day as long as the application was made before 4 pm.
Back to Back are contactable between 9 am and 6 pm from Monday to Friday. To be considered for a loan you must be at least 18 years of age, a UK resident, not bankrupt or on an IVA and have a valid debit card.