Frequently Asked Questions

FAQs

  • What types of loans does Quickstop offer?

    Answer is: We offer 3 types of loans. These include salary deduction, over the counter payment loans and Title loans.
  • What is the interest?

    Our interest is 4%. But, we charge an additional service fee that varies depending on the loan type, loan length and amount borrowed.
  • What’s the maximum amount you lend?

    We don’t have a set maximum amount that we lend. The maximum amount a customer can get varies depending on each customer’s Credit Limit. Since we don’t take collateral, we ask that customer’s  build a credit history with us in order to access their individual maximum offer or amount.
  • How much do you give for first-time loan offers?

    The amount you receive on your first loan is calculated by our lending system. It varies but we try our best to meet your needs.
  • Why can’t I qualify for a higher amount on my second transaction?

    Building a credit history takes a little time; our system will give you increased offers based on individual customers’ past payment history. Customer’s that make payments on time and do not default on their loans will be able to build a good credit history with us and those customers will eventually get higher offers.
  • What can I use my membership card for or what is the purpose of having a membership card?

    Your membership card can be used as a form of ID at quickstop, and, it is your proof of being a member of the club.
  • Why do I get 30 days and not 31 days to repay monthly loans ?

    30 days is the standard days way of accounting for payments; however, we also have 2-3 month loans which customers can get if they require a little more time to pay their loans.
  • Why do I need wait 24 hours before I can get a next loan?

    24 hours allows this payment to reflect in our system.
  • Why does a system need to decide the amount that I receive?

    Using a system has many benefits. A system helps for the adjudication process to be quicker and more efficient.  In addition it removes any issues in relation to favoritism.
  • What are the benefits of QuickPlus membership loan?

    • The benefits of a QuickPlus membership loan include:
    • Lower finance charges
    • Free gifts and discounts
    • Exclusive promotional offers made to club members only
    • Flexible repayment options

  • What are the requirements to become a member if I’m already a PDL customer?

    To become a member simply make a request to do so by asking any of our CSRs . Once you have built a good payment history we can switch you over to a membership loan. To be a Member you must however complete 3 temporary membership loans without defaulting on any and on your 4th  membership loan you become and Permanent Member. There is an annual membership charge of $25; customers are required to pay $15 when they receive their 1st temporary membership loan and the remaining $10 is paid on their 4th membership loan.
  • How can I get more than my current credit limit?

    You can get an increase in your credit limit by:

    • Proof of increase in income
    • Continuing to make new loans and pay them off on time

  • Is Quick Stop associated with JL’s?

    No, JL’s and Quick Stop are two different companies.
  • Who owns Quick Stop?

    Quick Stop is a private company owned by shareholders.
  • Can I get a loan at any Quick Stop Branch?

    Yes you can. We have 5 locations for your convenience. In addition, you can make payments to our Scotia Bank Bill Pay Account at any Scotia Bank Branch location in Belize. All you would need to do is provide the bank with your “QS” identification number.

    Our branch location include:

    • Belmopan City – Capital Garden Plaza Constitution Drive, Belmopan City
    • San Ignacio – #18 Joseph Andrew Drive, San Ignacio Town
    • Belize City – #81 North Front Street, Belize City
    • Orange Walk – #48 Queen Victoria Ave, Orange Walk Town
    • San Pedro – Paz Plaza, Barrier Reef Drive, San Pedro Town