Rating based on 82 reviews

QuidMarket Loans

Updated
QuidMarket Loans homepage
Author QuidMarket Loans. Screenshot of QuidMarket Loans website.
[Accessed May 16, 2023]

About QuidMarket Loans

At QuidMarket Loans, we offer short-term cash loans from £300 to £1500 at a Representative APR of 1246%.

A trusted lender

We're a trusted provider of payday loans in the UK, are registered with the Financial Conduct Authority, and abide by the industry's code of conduct. We will always verify your details and employment information to ensure that we lend responsibly but, will remain unbiased and confidential.

Online lender - fast and simple

We're a direct lender and do not charge customers any fees to make a short-term loan application via our website. As an online lender, we strive to help customers get the quick loan they need with as little hassle as possible.

For those with bad credit

Although we will run a credit check to verify that we can responsibly offer you a loan, we will still consider your application if you have poor credit or, have been denied credit in the past.

QuidMarket Loans Services

We're a responsible provider of payday cash loans that range from £200 to £750 and offer customers the ability to repay their loans in up to three installments.

Smaller repayment options

Most payday lenders insist that customers repay their loans on their next payday in full, however, most people can't afford this one-time repayment and end up accepting a rollover or extension.

To avoid this problem QuidMarket Loans require all first-time lenders to repay their short-term loans in three installments and do not offer a free early repayment or rollover option. This makes the monthly installments more affordable and helps you avoid late payment fees and loan extension rates.

A simple lender and loan process

We won't make you any promises of instant cash delivery - as a responsible lender, we will perform the necessary credit and anti-fraud checks before approving and crediting your loan. That being said, most of our customers are approved immediately and can receive their funds on the very same day.

QuidMarket Loans – Short-term loan

  • Loan Type Short-term loans
  • Interest Rate from 292%
  • Loan Amount up to £1,500
  • Repayment 3 month to 6 months

Benefits of QuidMarket Loans

  • A direct lender
  • Transparent lending services
  • Loans paid out on the same day

 Short-term loan calculator

£
Loan interest rates depend on your credit score and risk profile.
This short-term loan calculator is for illustration purposes only.
The use of this loan calculator is subject to our terms of use.

QuidMarket Loans has an easy and convenient loan application

At QuidMarket we have a different loan request process for new and for existing customers.

This helps us make it easier for returning customers to apply for a loan online without having to complete the application form again.

Loan application for new customers

To apply for a loan on QuidMarket Loan you must be aged over 23, have a bank account, be employed and earning more than £1,000, have an email and mobile number as well as UK residency and stable address history.

New customers can take out a small micro-loan from £200 to £400. The first step is to visit our website and use the loan sliders to choose a loan amount. Then you need to click on the "Apply Now" tab - this will direct you to our online application page.

We will conduct identity verification and credit checks but, will provide you with a pre-approval prior to this. This pre-approval is not binding and is subject to our eligibility checks.

We will request the following information:

  • Your personal details such as your name, age, and contact information
  • Your desired login details - so you can access your account and apply for an instant loan should you need one in the future
  • Your employment details - who you work for and how much you earn
  • your bank account details - so we can send you the money and debit the repayments
  • Supporting documentation such as a photo ID

Loan application for existing customers

Existing customers can take out a short-term loan of between £200 and £750 - and they can choose to repay it in as many installments as they wish. You can, therefore, choose to repay the loan in one installment on your very next payday and save on interest.

 If you've used QuidMarket Loans's services in the past all you have to do is log into your account, request a loan and verify your request. We will then credit your account immediately. Remember to update any details that may have changed since your first or initial short-term loan application.

man holding thumbs up

QuidMarket Loans is a trusted & reliable provider of short-term loans

In our review, QuidMarket Loans adheres to the compliance criteria in accordance with the Consumer Credit Act, where the granting the loan will not cause financial distress to the consumer.

✅ QuidMarket Loans is a registered credit provider in UK: FCA number 677995

Customer Reviews & Testimonials

July 2019

Even though I didn’t have a convincing credit score, Quidmarket loans were still able to help me.

William X
— London —

July 2019

I had an emergency and I was referred to QuidMarket Loans. Best choice I made.

Magadalene Q
— Oxford —

QuidMarket Loans Contact

Contact Number

E-Mail

Website

Physical Address


Postal Address

  • Quid Market Loans Hamilton House 9 Hucknall Road , Nottingham , NG5 1AE

Opening Hours

  • not available