Quidmarket will never charge you any fees. You should never pay upfront fees for a loan or send money in return for a loan.

Short Term Loans from £300 - £1,500

Get a short term loan of up to £600 for new and £1,500 for returning customers and choose repayments between 3 – 6 months. Discover a better alternative to payday loans that provide you with the flexible, affordable terms you’re looking for.

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. *Applications submitted outside normal business hours will be processed on the next working day. *All applications are subject to affordability checks*

Representative example: Borrow £300 for 3 months / Interest payable £154.38 / Total amount payable: £454.38 in 3 instalments / 3 payments of £151.46 / Representative 1299.6% APR / Interest rate 292% per annum (fixed) / Maximum APR 1625.5%

Compare short term loans on Clear and Fair

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£300 £1500
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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. *Applications submitted outside normal business hours will be processed on the next working day. *All applications are subject to affordability checks*

Representative example: Borrow £300 for 3 months / Interest payable £154.38 / Total amount payable: £454.38 in 3 instalments / 3 payments of £151.46 / Representative 1299.6% APR / Interest rate 292% per annum (fixed) / Maximum APR 1625.5%

Compare short term loans on Clear and Fair

No Hidden Fees
Same Day Cash Transfer
FCA authorised direct lender
Maximum £600 for new customers

Why Choose QuidMarket for Short Term Loans?

Our aim is to help people get the cash they need to resolve their short-term position. Our direct lender loans are designed to provide a quick way to access cash when you have no other means, whether you need short term loans for bad credit or just a flexible alternative to payday loans. If you can afford it, we’ll offer the helping hand you need at QuidMarket.

Lent to customers in short term loans.
Successful approved loan applications.
Years experience in short term lending.

Begin Your Application - Apply For Our Payday Loans Alternative

Applying for a QuidMarket direct lender short term loan today couldn’t be simpler. Just choose a loan amount between £300 and £600 as a new customer, with flexible repayments between 3 – 6 months. Using the sliders in our loan calculator allows you to easily define the amount and term you need, adjusting where necessary. This way, you can choose a payday loan alternative that is on your terms, matching what you can afford to pay. To start your application, just click apply now – we’re ready when you are.

Easy To Apply Our simple to complete application requires just a few personal and financial details along with the loan amount and term you want.
Affordable Use the sliders to adjust the repayments between 3 – 6 months, choosing what’s affordable for you.
Trusted Lender Trusted by our customers since 2011, we’re FCA authorised to provide short term loans in the UK.

A Better Alternative to Payday Loans

There are many direct lenders of UK payday loans to choose from online, all offering quick cash when you need it. What makes QuidMarket different is that we take a human approach, putting you in control of the terms you need. Rather than tell you we need full repayment on your next payday, you choose how long you want to borrow for. It’s this flexibility that makes our loans a better alternative to payday loans online.

By providing up to 6 months to repay, you can borrow a short term loan when you need it that is affordable for you. It really is that simple, and to help, we take a human approach to the application process too – rather than rely on the bots to make decisions, we have a professionally trained team ready to help.

As direct lenders with a human approach to lending, we review each application on its own merits, we may still provide this flexibility even if you have a low credit score. We understand it can be difficult maintaining a perfect credit rating, so if you can afford the repayments, our human, not automated, team will happily assess your application.

  • 01 Online Application

    Choose how much cash you’ll need & apply for a loan in minutes.

  • 02 Checking Your Application

    We’ll manually review your affordability & conduct credit checks.

  • 03 Get Your Money

    If your application is successful, you could receive the funds the same working day!

Short Term Loans When You Need Them

As a direct lender, we aim to help you get the short term loan you need as quickly as possible. That’s why we provide a fast application process designed to work around your needs – just tell us how much you want to borrow and how long for, and we could approve you for our payday loan alternative at QuidMarket in minutes.

With short term loans ideal for many different reasons, the important part for us is that you can afford to sustain the repayments you choose. So, whether you need an emergency loan or are searching for bad credit payday loans that can help despite a poor credit history, there’s a chance we can help you with an affordable loan today.

As a trusted direct lender authorised by the Financial Conduct Authority (FCA), we’ll quickly assess your affordability, and if approved for a short term loan, you could have the cash to use the same day where possible.

So, if you’re looking for an alternative to a traditional payday loan direct lender that can provide the flexibility you need, our short term loans can provide exactly that. We’ve helped customers since 2011 get quick cash whilst choosing repayments to match their budget, and we can do the same for you today with our human approach to lending.

Benefits of a QuidMarket Short Term Loan

We’ve designed our short term loan application to be quick and simple for you to complete, focusing on the most important details we need to know. Our team of credit analysts will then assess this manually – there’s no automated lending here at QuidMarket. By providing us with accurate details about you and your finances, we can then make a quick decision on a payday loan alternative that is sustainable for you.

We’ll approve a short term loan based on many factors, including your affordability of the repayments. You can use the sliders on the loan calculator to work out what is affordable for you and the total amount repayable including interest. If we can approve your loan, we will usually transfer the funds the same day into your bank account wherever possible. Your repayments will commence on the stated date in your credit agreement. Unlike traditional payday loan lenders in the UK, you won’t have to repay the loan in full on your next salary date, having up to 6 months to repay instead.

To learn more, you can read about how to apply for short term loans, as well as further information about how it works. If you need more help with our alternative to payday loans at QuidMarket, please visit our FAQ pages.

  • 01 FCA Authorised Direct Lender Loans
  • 02 No Guarantor Required To Apply
  • 03 Quick & Easy Application Process
  • 04 Short Term Loans For Bad Credit Considered
  • 05 Flexible Repayments Between 3 – 6 Months
  • 06 Same Day Cash Transfer Where Possible
  • 07 No Hidden Fees - Transparent Loan Terms

Simple, Fast, Affordable – Short Term Loans When You Need Them

Having a low credit score shouldn’t be a barrier to getting the cash you need, as long as your current finances are in good shape. Your credit history, whilst showing the past, may not reflect the present when it comes to your finances. This is where a short term loan for bad credit is possible at QuidMarket.

Traditionally, payday loan direct lenders will base their decision solely on your credit score and may decline you for their payday loans in the UK. Here at QuidMarket, as a direct lender of short term loans, we’re happy to consider ‘bad’ credit scores for our direct lender loans. We understand that the number on your credit report doesn’t always reflect your finances right now. That’s why we look at whether you can afford the short term loan you’ve applied for – it is as simple as that!

By approving direct lender payday loans on an ‘affordability’ basis, we can provide our short term loans more confidently. If you have any questions about how our assessment process for our alternative to payday loans works, please get in touch with the team today.

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Short Term Loans FAQs

Payday loans are a type of unsecured short term loans, which can also be referred to as quick loans or direct lender loans. They are traditionally designed to help you until your next payday when they must be repaid in full and are usually easy to apply for with poor credit. However, the interest rates can be very high. Our short term loans alternative to payday loans allows you to borrow amounts between £300 to £1,500, and you can choose to repay for up to 6 months rather than on your next payday with flexible repayment terms. This is dependent on credit and affordability checks. This makes them easy to manage, so our short term loans can be more convenient than most payday loans in the UK.

Yes, Whilst many other short term loans direct lenders may not consider your loan application if you have a poor credit history, at QuidMarket, we are proud to consider short term loans for bad credit. We take a personal approach to our alternative to payday loans, rather than using a computer like many other payday loans UK direct lenders. We’ll evaluate whether you can afford the loan with your current finances, 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 our payday loans alternative.

To qualify for our alternative payday loans, you must meet the following:

  • Be between the ages of 23 and 65
  • Be a resident of the United Kingdom
  • Have a valid mobile number to receive text messages
  • Possess a current UK bank account with a valid debit card
  • Be employed and receive a take-home salary of at least £1,250 per month

Please note, extra documentation may be required for the affordability checks. You will need to ensure you complete your application accurately with information about you and your finances, and not be in current financial difficulties. If our team cannot determine whether a short term loan will be affordable for you, they will have to decline.

Once you have completed our application form, our team of trained professionals will then process your application. We work quickly, so while we are unable to give a definite estimate, we aim to process all applications fast and have a decision within 2 hours to provide same day loans where possible. During busy periods this may take a little longer. Any applications received outside of business hours will be prioritised the next working day.

No, we do not charge any hidden fees and we pride ourselves on full transparency and being alternative payday loans direct lenders that you can trust. Our application page is completely straightforward, allowing you to see how much you will repay each month on a short term loan from us. The total loan amount you will see is all that you have to pay with no hidden fees on top. We also do not charge for late payments either, unlike many other lenders of payday loans for bad credit, and our interest rate is competitive.

A direct lender loan is, as the name might suggest, a loan where the lender provides the money directly to the applicant without going through an intermediary. These types of loans can often be cheaper than broker loans by avoiding involving a third party.

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