Large, unexpected bills can come at the worst time. You should only borrow the amount you need, and no more, but when you do need to borrow money as quickly as possible, you should still get a good deal from a great lender. Here at QuidMarket, we offer up to £1500 loans for when you need them most.
- 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 FCA Authorised
- We follow responsible lending guidelines
- We’re a direct lender with no hidden fees
- Quick £1500 loans online application
- Decisions made by humans, not computers
- No guarantor or collateral needed
- We offer £1500 loans for bad credit
- You’ll usually receive the cash the same day as approval
*Loan amounts and repayment terms are dependent on affordability checks
To find out more about our £1500 instalment loans, read on below. It’s important for us to ensure you have all the information you need to decide if a quick £1500 loan from QuidMarket is right for you. If you have any questions about our £1500 loans for bad credit, get in touch with us and our friendly expert advisors will be happy to help.
About Our £1500 Instalment Loans
When you need to borrow money in an emergency, we understand it can be stressful. If you’re faced with a large, unexpected expense such as a replacement boiler or urgent car repairs and can’t source the money elsewhere, a £1500 loan could help you cover the repayment and repay it in more manageable instalments that suit your upcoming budget.
We’re an FCA authorised lender (license number 677995) and we always follow responsible lending guidelines. Applicants must pass affordability checks to be approved for a £1500 instalment loan, and we won’t approve applications where it could lead to further financial difficulties. It means we aren’t able to approve every £1500 loan application we receive, but those we do approve can be confident in their choice.
Offering a straightforward and transparent service for £1500 loans for bad credit is important to us. We make our decisions quickly and fairly, and transfer the funds to your bank account using Faster Payments so you can make the necessary payment without delay.
Interested in applying for a quick £1500 loan from QuidMarket? You’re welcome to if you meet the below 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.
£1500 Loans for Bad Credit
It can be difficult to find £1500 loans for bad credit that suit your needs. Some lenders may ask you to provide a guarantor, others could ask for collateral such as your car or home, while others still may not consider your application at all.
We don’t think credit scores are the best measure of whether a £1500 loan is suitable for you. It’s easy for things to go wrong and see a drop in your credit score – and building them back up can take years. What’s more, they’re calculated based on your financial history, but we’re more interested in the present.
QuidMarket specialises in offering £1500 loans for bad credit. We don’t ask for any security, because our responsible lending practices mean that isn’t necessary. We’re happy to overlook a low credit score and offer £1500 instalment loans if we can see that you’ll be able to sustainably afford the repayments. It’s simple, but it works.
Tailored Loans to Suit Your Finances
When taking on a large amount of credit, such as a £1500 loan, it’s important to consider whether you need to borrow the full amount. Borrowing more than you strictly need will lead to paying interest unnecessarily, so keep costs down by applying for a £1500 instalment loan only if that’s what you need.
We offer flexible repayment terms between 3 – 6 months. Choose a loan term where you can sustainably afford the repayments – too short a loan term could stretch your budget too far, while spreading it out longer than necessary will mean you pay more in interest than you need to.
We believe that offering flexibility and giving our customers to apply for the best loan for their finances helps a great deal. You can use the handy loan cost calculator tool on our homepage to see an example of the repayments of a £1500 instalment loan with different loan terms, and apply confidently that it’s within your means.
The QuidMarket Difference
Being able to quickly make a payment can make a huge difference in an emergency, which is why we’ve streamlined our process as much as possible, without cutting any corners. Our online application form for quick £1500 loans takes just a few minutes to fill out, and we can offer same day loans whenever possible. We also use Faster Payments to ensure the money is in your account quickly, usually within 10 minutes of signing the loan agreement.
One stage of the process that we always take our time with is our decision making. Every application for £1500 instalment loans is manually looked over by a fully trained member of our team. While we could speed this up by automating it, we think the extra time it takes is well worthwhile. We’re still able to offer quick £1500 loans, but this means we can tailor every loan to suit your finances.
Why Choose QuidMarket?
If you’re looking for a £1500 loan for bad credit from a trusted, responsible lender who always has your best interests in mind, QuidMarket could be the right choice for you. Our £1500 instalment loans available with flexible repayments over 3-6 months, we’ll help you get a quick £1500 loan that’s tailored to suit your finances perfectly.
Filling out the application form for £1500 loans is straightforward and takes just a few minutes. If you have any questions for us before you submit it, you’re welcome to contact QuidMarket and our friendly expert advisors will be more than happy to help.
We only offer £1500 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, which can be a costly way to borrow. As this type of loan is usually more expensive than other borrowing options, you should only seek £1500 fast cash 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 £1500 loans for bad 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 £1500 cash 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 out as much as you need.
To make our £1500 loans as affordable as possible for our customers, we structure our quotes based on your personal circumstances. The amount you repay will vary depending on the loan term you choose between 3 to 6 months, so you can use the loan calculator tool on our homepage to estimate the exact costs. You can also rest assured that we follow the FCA’s guidelines on costs, which means you will never pay more than 100% of the original loan amount (including interest and all other costs).
At QuidMarket, we offer loans to new customers between £300 to £600, so you cannot take out £1500 if this is your first time with us. This is because we are committed to keeping 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 £1500. 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.