Here at QuidMarket, our aim is to help hard-working people with short-term cash flow issues find loans in an emergency. We understand that our customers have all kinds of working patterns and that an emergency can happen at any time, which is why we enable 24 7 loan applications online so you can apply at a time that suits you.
- 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
- QuidMarket is FCA Authorised
- We’re a responsible direct lender with no hidden fees
- Apply for loans 24 7 online
- Easy 24/7 loan management
- Decisions made by humans, not computers
- All credit levels considered
- No guarantor or collateral needed
- You’ll usually receive the cash the same day as approval
*Loan amounts and repayment terms are dependent on affordability checks
You are welcome to apply for our loans at any time, but applications can only be processed by our underwriters during working hours. For more information about our 24/7 loans, contact QuidMarket and our team of friendly experts will be more than happy to help. Once you’re ready, you can apply for our online loans 24/7.
Does QuidMarket Offer 24/7 Loans Online?
Loan applications can only be processed when a fully trained member of our team is available to review it. Our team are in from 8am to 6pm on weekdays, plus 10am to 2pm on Saturdays. You are still welcome to submit your application outside of these hours.
We could save time and be able to offer instant loans 24/7 if we automated the approval process, but it likely wouldn’t mean you would receive your loan any more quickly – our operating hours are the same as most banking hours. True online loans 24/7 don’t really exist, because all lenders depend on banks to process the payments.
Here at QuidMarket, our team is a huge part of what we do. They bring the human element to our company and make sure that we’re able to offer the best loans for every customer’s unique circumstances. We’ve worked hard to strike the best balance between offering the most convenient service for our customers, as well as ensuring our staff have a great work-life balance.
However, you’re still welcome to apply for our online loans and make changes to an existing loan at any time that suits your schedule; we will process your 24 7 loans application as soon as a member of our team is available to review it.
During your loan term, you can manage your account, update your details and make payments to your instant loans 24/7 using our website. If you need to speak to a member of the team but aren’t available during our opening hours, you can email us at [email protected] and we’ll get back to you as soon as possible.
Are 24/7 Loans Your Top Priority?
If you are considering taking out an emergency loan, we understand that it can be a stressful situation. Whether you need to pay for a replacement boiler, need an urgent home repair or have an unexpected garage bill, we know you want to be able to make the payment as quickly as possible and return to your normal day.
However, taking on any form of credit is a serious financial decision, and it can be easy to be drawn in by companies claiming to offer instant online loans 24/7, no credit check loans, and other seemingly appealing ways to make getting your money easier. In reality, you should be wary of any such lenders, because what may seem convenient now could make things more difficult down the line.
When it comes to offering short term loans, there are strict rules and guidelines that lenders must follow in order to operate in the UK. The Financial Conduct Authority tells us that we must undertake a ‘reasonable assessment of the creditworthiness of a customer before… entering into a regulated credit agreement.’ While modern technology and internet banking allow us to process and transfer funds much more quickly than in the past, this stage is one where we can never cut corners.
Ensuring that the loans we provide are offered responsibly and pose the lowest financial risk possible to our customers is incredibly important to us at QuidMarket. We would never cut corners or skip important processes in order to offer 24/7 loans – even if that came with benefits for us, our customers’ best interests are always our number one priority. We are proud to be responsible lenders, authorised by the FCA (license number 677995).
What’s More Important Than 24/7 Loans?
We do still offer a fast and convenient service, and strive to offer same day loans whenever possible, but we don’t want that to be your main reason for choosing us as your lender. We keep our application process as quick and straightforward as possible so that you are able to take your time thinking about what really matters: whether our loans are the right choice for you, and whether they suit your finances.
We’re able to consider applications from people with all levels of credit score. Even if you have a low credit score, or have some negative factors in your credit history, we may still be able to help you. That’s because when we consider your application, we look at your current finances and determine if you would be able to sustainably afford the repayments on the loan you have chosen.
No matter what your credit score is, you’re welcome to apply for a 24 7 loan online if you meet our eligibility criteria. These are:
- 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.
Being able to offer completely tailored loan solutions for each and every customer, and feel great about the service we offer, is key for us at QuidMarket. If you need to find out more before applying for a 24/7 loan with us, you could find the answer any time on our How It Works guide or on our dedicated FAQ page. Alternatively, you can email us at [email protected].
Ready to apply for a 24 7 loan online? Simply head over to the Apply Now page.
Some lenders that offer 24 7 loans may be able to process your application at night, if stated within their working hour information. However, many lenders may stop processing applications that are submitted outside of their working hours, so you might not be able to get a loan at night. We welcome applications at any time of day or night, and they will be processed by our team as soon as they are able. Our team work on weekdays from 8AM to 6PM, and Saturdays from 10AM to 2PM. As we value our employees’ wellbeing, we would not ask them to work beyond these shifts, so will process any applications submitted outside of these hours on the next working day. We can transfer money during banking hours, and use faster payments to ensure that there are no unnecessary delays.
If a lender offers loans direct 24/7 and affordability checks, they may be able to help those with poor credit. At QuidMarket, our online application form is available to access every day of the week, so you can apply whenever you need to. However, if you apply outside of our working hours or on the weekend, we will process your application on the next working day. We take a personal approach to reviewing applications, and check for affordability, rather than your whole credit history. This means that we assess your monthly income, essential spending, and other financial commitments to determine if you can sustainably afford the repayments. This allows people from a variety of positions borrow money 24 7.
We understand that time is of the essence in an emergency situation. If you are in a truly difficult position and in need of urgent cash, you can speak to a dedicated customer care manager to explain your circumstances. While we do our best to help every customer in their time of need and understand that emergencies can be very stressful, it is still important for us to carry out the necessary checks. This is to ensure that the loan is right for you, and so we can be sure that someone else is not attempting to fraudulently take a loan in your name.