Quidcycle

Who We are: QuidCycle is designed to help UK middle income families and individuals take control of their finances. Our aim is to enhance consumer confidence in the financial services sector by increasing knowledge of how to manage money. Through this, we deliver better results for both our savers and borrowers in the form of healthy returns for our savers and low interest rate loans to help our borrowers break cycle of continuing debt. QuidCycle works with borrowers throughout life of loan until they become savers, as shown in the illustration below: We use a peer-to-peer platform because of the efficiencies it allows us to pass onto our savers and borrowers. Our offering is unique in the alternative finance industry and offered to a select few. Why join the QuidCycle Affiliate Program? FOR PROSPECTIVE BORROWERS: QuidCycle offers a unique product called Debt Elimination (aka. Cycle Buster). This takes debt consolidation one step further by not only refinancing all the debts into one loan and paying them off, but also through offering financial incentives and helpful resources to help break the cycle of debt. Borrowers have the opportunity to earn up to 4% in cash bonuses if they meet 4 simple criteria: Make all their payments on time annually Demonstrate a lower amount of debt at the end of each year compared to the beginning of the year Complete a minimum of 2 hours of online financial training Meet briefly with a financial advisor once a year which QuidCycle pay for Earning this cash bonus means that borrowers effectively pay a lower interest rate on their loans. QuidCycles website offers a simple, responsive and user-friendly application form with clear instructions for the borrowers. FOR PROSPECTIVE SAVERS Using a peer-to-peer platform allows us to generate cost efficiencies which are passed onto savers. QuidCycle savers...