A £1000 loan can make a huge difference when you need it most. Here at QuidMarket, we are able to offer our returning customers £1000 loans for bad credit – and we make it simple.
- Get a £1000 loan*
- New customers can borrow money between £300 and £600*
- Returning customers may be eligible to borrow up to £1,500*
- Flexible repayment terms between 3-6 months
- QuidMarket is an FCA Authorised responsible lender
- No hidden fees for 1000 pound loans
- We’re a £1000 loan direct lender
- Quick and easy application online
- Decisions made by humans, not computers
- £1000 loans with no guarantor or collateral
- We offer £1000 loans for bad credit
- You’ll usually receive the cash the same day as approval
*dependent on affordability checks. New customers are eligible to apply for up to £600.
We’ve put together a wealth of information on this page, so you should find out everything you need to know about our £1000 loans for poor credit. If there’s anything you’d like to find out more on before you make your decision, contact the team at QuidMarket and we’ll be happy to help.
About Our £1000 Loan UK Service
At QuidMarket, our aim is to offer no-fuss loans so we can help people who need cash in an emergency. As a £1000 loan direct lender, we offer short term loans that can help when you’re faced with an unexpected expense that simply can’t be put off. Perhaps your car is in the garage for urgent repairs, or your boiler has broken down and needs to be replaced so you can have hot water and heating. If you don’t have the spare cash to cover a payment that can’t wait, our £1000 loans for bad credit could help.
We’re an FCA authorised lender, following responsible lending guidelines to offer £1000 loans in the UK, and we treat every customer and applicant with respect. You can find us on the FCA’s register under license number 677995, and our company name Stagemount Ltd.
We strive to offer a straightforward application process for £1000 loans for bad credit, make our decisions quickly and fairly, and transfer cash as soon as we’ve received your digitally signed loan agreement so you can make the necessary payment without delay.
£1000 Loans for Bad Credit
Are you looking for a £1000 loan for bad credit from a direct lender who will treat you fairly and with respect? Here at QuidMarket, we don’t believe that having a low credit score should make it any more difficult to be approved for £1000 loans in the UK. We all know that credit scores can drop dramatically with a single missed payment and take years to build back up. As a £1000 loan bad credit direct lender, as long as we can see that taking out the £1000 loan won’t cause you financial difficulty, we will be able to consider your application.
To do this, we look at your income and outgoing payments to determine if you could sustainably afford the repayments on the 1000 pound loan with the repayment term that you have chosen. It’s important to consider what you can afford before applying for a £1000 loan with poor credit – and even if you have a good credit score. As payday loans are an expensive form of borrowing, you should only take out a 1000 pound loan if you need to.
We aren’t able to approve every single application for £1000 loans in the UK we receive, and this is because we take steps to ensure that every loan we offer is the right fit for our customers. If you need more information before applying for a £1000 loan with bad credit, contact QuidMarket and our friendly team of expert advisors will be happy to help.
QuidMarket: £1000 Loan Direct Lender with a Difference
When you apply for a 1000 pound loan at QuidMarket, your application will be looked over by a fully trained member of our team. As a £1000 loan direct lender, we carefully consider every application to make sure we’re offering you a completely tailored £1000 loan that suits your financial situation perfectly. It takes a few minutes longer than if we were to automate this process, but we believe it’s worthwhile.
Even with this human touch, we’re still able to process £1000 loan applications quickly enough to offer same day loans to the majority of customers. We also use Faster Payments, so the funds are usually in your bank account around within 10 minutes of digitally signing your loan agreement.
How to Apply for Our 1000 Pound Loans
Before you apply for a £1000 loan for bad credit with QuidMarket, check that you meet our eligibility criteria.
- Live in the UK
- Over 23 years old, and under 65 years old
- Have a mobile phone (we send an SMS code during your application)
- Hold a UK bank account with a valid debit card (we run a verification check that takes 1p)
- Be in employment and take home at least £1,300 a month.
If you meet the above, you’re welcome to apply for us to be your £1000 loan bad credit direct lender. You’ll be pleased to know that the application process is incredibly straightforward, you simply need to fill out one form. We’ll ask you for some details about yourself, your employment (don’t worry, we’ll never contact your employer for any reason), and your finances.
We’ll also need to know how much you need to borrow, and how long for. You can use the handy loan calculator tool on our homepage to try out different combinations of repayment terms with a £1000 loan, and we’ll give you an example of the monthly repayments you could expect. We’ll confirm your personal repayment schedule after receiving your application and creating a tailored loan for your finances. Read over these and make sure you’re happy before signing the loan agreement.
Why Choose QuidMarket as Your £1000 Loan Direct Lender?
Once we’ve received your £1000 loan application, a trained member of our team will look over it and run the necessary credit and fraud prevention checks. As we offer £1000 loans with no guarantor or collateral, the process is straightforward. We’ll come back to you as soon as possible with our decision.
If we are able to approve your application for a £1000 loan for bad credit, we’ll provide you with a digital loan agreement to read and sign. Once you’ve done this, we’ll transfer the £1000 loan to your bank account without delay. When it comes to repaying, we don’t charge hidden fees and always work with customers who let us know they might not be able to make a repayment as expected – just get in touch with us beforehand.
At QuidMarket, it’s important for us that you’re completely confident in your choice of £1000 loan direct lender. If you have any questions about our £1000 loans for poor credit, get in touch and we’ll be happy to answer them.
Once you’re ready, you can apply for a £1000 loan in the UK today.
We offer £1000 loans for repeat customers and up to £600 if you are a new applicant. As short term loan specialists, our loans are designed be used in emergencies and repaid over a small number of months. As this type of loan is usually more expensive than other borrowing options, you should only seek £1000 loans if it is truly necessary. Take some time to work out the best loan term you would need to repay the loan, then all you need to do is fill out our quick and easy online application form.
In the past, those with poor credit may have found it difficult to secure a loan. However, at QuidMarket, we are proud to help hardworking people access the cash they need, so we offer £1000 loans for poor credit to repeat customers. With our affordability checks, we review your monthly income, essential spending, and other financial commitments to determine whether you will be able to sustainably make the monthly repayments. We take steps to ensure that every £1000 loan for bad credit is the right fit for our customers, so we will not approve your application if we feel that you may be left in further financial difficulties. This type of loan can be an expensive way to borrow, so you should only take one out if you truly need to.
At QuidMarket, we offer loans to new customers between £300 to £600, so you cannot take out more than £1000 if this is your first time with us. This is because we have our customers’ best interests at heart and we would never want a new applicant to borrow more than they need. However, if you are a repeat applicant, you may be able to borrow up to £1,500. Our loan amounts increase in increments of £50, so you never need to overborrow. Remember that you will need to repay whatever you borrow with interest, so you should only apply for what you truly need.
We aim to make our £1000 loans affordable for all of our customers by providing tailored quotes based on your unique circumstances. The amount you repay will also vary depending on the loan term you choose. For an estimated cost, you can use the loan calculator tool on our homepage. You can also rest assured that we follow the FCA’s guidelines on costs for short term loans, which means you will never pay more than 100% of the original loan amount (including interest and all other costs).