• No Hidden Fees
  • Same Day Cash Transfer
  • Flexible Repayments
  • Your Details Are 100% Secure

Representative example: Borrow £300 for 3 months / Interest payable £154.37 / Total amount payable: £454.37 in 3 instalments / 3 payments of £151.46 / Representative 1293.3% APR / Interest rate 292% per annum (fixed) / Maximum APR 1625.5%

Compare short term loans on Clear and Fair

As a new customer the minimum repayment period is 3 months and the maximum is 6 months. Additional options may be available to you as a repeat customer.

How much do you need?

£300 £1500

For how long?

Apply Now

Month 1


Month 2


Month 3


Month 4


Month 5


Month 6


This is for illustration purposes only. Your repayment schedule will be confirmed during your application

*All applications are subject to affordability checks*

Representative example: Borrow £300 for 3 months / Interest payable £154.37 / Total amount payable: £454.37 in 3 instalments / 3 payments of £151.46 / Representative 1293.3% APR / Interest rate 292% per annum (fixed) / Maximum APR 1625.5%

Compare short term loans on Clear and Fair

As a new customer the minimum repayment period is 3 months and the maximum is 6 months. Additional options may be available to you as a repeat customer.

Quidmarket on mobile

QuidMarket Flexible Alternatives to Payday Loans

Getting a short term loan – a better alternative to payday loans – from QuidMarket is quick, simple and fair.

  • New customers can borrow between £300 and £600*
  • Returning customers may be eligible to borrow up to £1,500*
  • Flexible repayment terms between 3-6 months
  • Bad credit considered
  • No hidden fees with our direct lender loans
  • More manageable than payday loans
  • FCA authorised responsible lender
  • No guarantor or collateral required
  • Quick and easy application
  • Decisions made by humans

*Loan amounts and repayment terms are dependent on affordability checks

We’re a Short Term Loan Direct Lender

QuidMarket is a direct lender providing short term loans, which are different to payday loans – they’re more easily manageable, and you have longer to pay them back.

We began as a short term loan direct lender in 2011, helping hard-working people meet their short term financial needs. We give help to people who found it difficult to get credit elsewhere; mainstream lenders or banks would not offer support to many people who were experiencing short term financial problems.

With our customers in mind, we created QuidMarket short term loans online. New customers can borrow from £300 to £600 and can choose to pay it back over a period of up to 6 months.

QuidMarket is now an established short term loan lender and has helped thousands of people along the way due to our flexible approach to short term loans. We are fully authorised and regulated by the Financial Conduct Authority, which provides you with a range of protections put in place.

To find out more, please go to our how it works section.

How It Works

Online Application

Choose How Much Cash You'll Need & Apply For A Loan

Checking Your Application

We'll Review Your Affordability & Conduct Our Checks

Get Your Money

If Your Application Is Successful, You'll Receive The Funds The Same Working Day!*

Get Quick Cash Online, From A Trusted & Safe Lender

Apply Now
Man searching online

What’s the Difference Between Short Term and Payday Loans?

There are many similarities between short term loans and payday loans. Both are unsecured, cash loans that are designed to tide you over until your next payday. Both types of direct lender loans are best suited to unavoidable expenses – we don’t recommend either for non-essential purchases, but they’re useful if your boiler has broken down and needs replaced, or if your car is in the garage for urgent repairs. But it’s where short term and payday loans in the UK differ that’s important.

Loan term – this is the most notable, and most important, distinction between payday loans and short term loans. As you might assume, payday loans in the UK need to be repaid in full, along with any interest, fees and other charges, on your next payday. This isn’t always manageable, so short term loan direct lenders like us allow you to split the cost over several instalments.

Loan amount – payday loans tend to be smaller than short term loans. While some payday loan direct lenders are willing to offer higher amounts, it isn’t feasible for the applicant when you need to pay it back in one lump sum. At QuidMarket, we offer short term loans between £300 and £600 for new applicants, and potentially up to £1,500 for repeat customers.

Interest rates – the interest rates you’ll pay on a payday loans in the UK may be higher than short term loans. With less than a month for interest to build up, payday loan direct lenders raise their rates so they can still make money during the shorter loan term.

Useful Information About Our Direct Lender Loans

Once you have filled in the quick and straightforward short term loan application form, your details will then be passed to our specially trained team of underwriters. You will need to fill in the application form with as much detail as possible so we can make a quick and accurate decision – every application is read by a human, not a computer.

We approve a loan based on many factors, including the affordability of the repayments – use the sliders on the homepage to work out what is affordable to you and the total amount repayable. If the loan application is approved, we will usually transfer the funds the same day into your bank account wherever possible. The repayments will start on your next payday – but unlike traditional payday loans in the UK, you can spread the cost over up to 6 months.

For more information about the application process, an eligibility guide and general company information, click on the ‘read more’ button below. If you still need more information about our alternative to payday loans, our FAQ pages answer a lot of the most common questions.

  • FCA Authorised
  • No Guarantor Required
  • Quick & Easy Application
  • Bad Credit Considered
  • Flexible Repayments
  • Same Day Cash Transfer
  • No Hidden Fees

Get Quick Cash Online, From A Trusted & Safe Lender

Apply Now

Short Term Loans

Family together

Short term loans are designed to tide you over until your next payday to help you through short term financial hardship, or to cover any unexpected expenses. But there’s where the similarities with payday loans end.

QuidMarket short term loans are more flexible than payday loans, meaning you can choose the amount and repayment period that suits you. Borrow between £300 and £600 and pay it back in up to 6 monthly instalments. A projection of the monthly repayments will be displayed on the screen, allowing you to be sure you can afford to make the repayments before you sign the agreement. If our underwriters approve your loan, we will usually process it the same day wherever possible.

Short term loans are an expensive form of credit and are designed to help with short term money problems or unexpected expenses – if you think you are experiencing more long-term issues, rely on payday loans and short term loans regularly or need financial advice, please visit the Money Advice Group.

All Credit Considered

Traditionally, payday loan direct lenders will base their decision solely on your credit score – they use computers to process applications and if the numbers don’t match, you’ll be turned down for their payday loans in the UK. Here at QuidMarket, as a short term loan direct lender, we’re happy to consider ‘bad’ credit scores for our direct lender loans.

This is because we understand that the number on your credit report doesn’t always reflect your finances right now. Instead, we look at whether you can afford the short term loan you’ve applied for – it really is as simple as that! We’ll look at your income and regular outgoing payments, such as direct debits and credit card repayments, and ensure you’ll have plenty of money left for living expenses after your direct lender loan instalments each month.

We tend to find that with direct payday loans approved on an ‘affordability’ basis, we’re able to provide our direct lender loans more confidently. If you have any questions about how our assessment process for our short term loans works, get in touch with QuidMarket today.

Making an application for a QuidMarket short term loan is simple. To begin your application, click on the ‘Apply now’ button above.

We make it easy to find payday loans and short term loans that work with your budget. All you need to do is use the sliders above to find the best combination for you. We’re completely transparent at every stage, so as you use the sliders you’ll see exactly how much each instalment of your direct loans in the UK will cost, what you’ll pay in interest and the total amount you’ll repay overall. While this is an estimate and is subject to change pending on the outcome of your application, you’ll be given confirmation of the cost before you apply.

What’s more, provided you meet the lending criteria we process the application the same day wherever possible, meaning you can have the cash in your account when you need it most. All loan applications are handled by our specialist underwriters who abide by the rules and guidelines set out by the Financial Conduct Authority.

Apply for Direct Payday Loans & Short Term Credit Today

Short term loans with a direct lender – borrow from £300 to £600 with QuidMarket loans

There are no guaranteed payday loans online. If you need a short term loan or a payday loan, then you may find that most payday loan direct lenders will run a credit check and look at your credit report or credit score. Many lenders will often decline applications for payday loans in the UK if you have a poor credit history. QuidMarket is a direct lender, not a credit broker, so we make the lending decision ourselves. We base our decision on an affordability assessment, among other things, so even if you have poor credit, our direct payday loan alternative may still be available to you. You can start your quick QuidMarket online loan application on the home page.

QuidMarket loans started back in 2011, and we are proud to help the hardworking people of the UK through short term financial problems, or to help with those unexpected bills. We are a short term loan direct lender with no broker fees. Operating online means we can keep our costs down, making our credit a more affordable alternative to direct payday loans for many people. Our interest rate is competitive, and we don’t charge any late payment fees like most payday loan direct lenders. Our application page is fully transparent letting you see how much you will repay each month on your short term loan or payday loans in the UK – there are no hidden costs or charges meaning what you see on the screen is what you will pay.

Compare short term loans with Clear And Fair.

Stagemount Ltd is our company name and we trade as QuidMarket, authorised and regulated by the Financial Conduct Authority (FCA) under license number 677995.

Payday loans are small and unsecured short term loans, but can also be referred to as quick loans, personal loans or instalment loans. They are traditionally designed to help you with financial stability until payday and are usually easy to get, but the interest rates can be very high. Our short term loans alternative to direct payday loans allows you to borrow amounts between £300 to £1,500, dependent on affordability checks, to be repaid over the course of up to 6 months with flexible repayment terms. This makes them easy to manage and you will have longer to pay the loan back, so our short term loans are more convenient than most payday loans in the UK.

Many other short term loans direct lenders may not consider your loan application if you have poor credit history, however, at Quidmarket, we are proud to consider all short term loans applications, even with bad credit. Typically, payday loans in the UK are solely based on credit score and if the checking process shows any inconsistencies, your application will be rejected.

We take a personal approach to payday loans applications, rather than using a computer like many other payday loans direct lenders, and understand that a number on your credit report may not reflect your current financial position. Instead, we evaluate whether you can afford the loan with your current finances, which involves looking at your income, regular outgoings, direct debits and living expenses. If you feel that you would find it difficult to make repayments in your current financial position, please seek advice and support before applying for payday loans.

To qualify for direct payday loans or short term loans, you must a UK resident over the age of 23 at the time of applying, be in full time or part time employment, and receive a regular salary of over £1,300 per month. You must also be able to provide legitimate debit card and bank account details, and extra documentation may be required for the affordability checks.

Once you have entered the information required on our application form, this will be sent for verification and provisional approval by the system. Then our team of underwriters will process your application and while we are unable give a definite estimate we aim to process all applications quickly and have a decision within 2 hours. During busy periods, direct payday loans decisions may take a little longer and applications received outside of business hours will be process the next working day.

Unlike other loan lenders, we are unable to offer guaranteed same day loans. While most of our loan applications are processed, approved and delivered within the same day, we pride ourselves on full transparency with our applicants. Your application may be slowed down if we find that there are mistakes or pieces of missing information on your application form. If any issues are flagged up during our checks with Fraud Prevention Agencies and Credit Reference Agencies, this can also slow the process. However, we aim to get your loan to you as quickly as possible.

At QuidMarket, we pride ourselves on full transparency and being the payday loans direct lenders that all applicants can trust. Our application page is completely straightforward, allowing you to see how much you will repay each month on payday loans in the UK, which means that there are no hidden costs or charges. The number that you see is all that you have to pay with no hidden fees on top. We also don’t charge for late payment, like most other short term loans direct lenders, and our interest rate is competitive.

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Warning: Late repayment can cause you serious money problems. For help, visit: www.moneyhelper.org.uk