This ‘About us’ section provides an insight into who we are and why we do it. QuidMarket began helping the hard working people of the UK meet their short term financial needs back in 2011. Mainstream lenders would not provide a short term loan to help some of their customers. The majority of mainstream lenders simply did not offer a product that met their customers needs. QuidMarket realised that some people needed a flexible, affordable solution to fill this gap.
With our customers in mind, we created the QuidMarket short term loan. Customers borrow between £300 to £600, paid back over 3 to 6 months. If you would like to know more, we have further information on our HOW IT WORKS page. QuidMarket has become an established lender and has helped thousands of people along the way. This is down to our flexible approach to short term lending.
We’ve seen lots of changes in the industry and QuidMarket is proud to have been granted a license from the Financial Conduct Authority (FCA). The FCA is the regulator for financial services firms in the UK, including the high street banks. This license underlines our commitment to being a reputable, transparent and honest lender. QuidMarket is a member of the Consumer Finance Association (CFA). The CFA are the principle trade association, representing the largest share of the short-term lending sector in the UK.
QuidMarket is a direct lender
To put it simply – QuidMarket is a direct lender. The main benefits of borrowing from a direct lender is that it is cheaper for you, the customer. Brokers / ‘middle men’ can charge fees that are added to your principal loan. QuidMarket is a direct lender so therefore you will not pay a middle man. Quidmarket deliver full transparency and visibility of all fees, prior to the agreement of the loan. Please note: Your privacy is important to us. We only share information with your permission.
Do you offer top up loans?
At the moment QuidMarket does not offer an option to top-up a current loan. To borrow more money from QuidMarket, you must first repay the existing loan. You can do this using QuidMarket’s designated Existing Customer Area (ECA).
Repeat loan applications are much faster for returning customers to access. Returning customers are eligible for loans of £100 to £750, over 1 to 6 months. Returning customers, please note: All loan decisions are dependent on personal circumstances and affordability checks. QuidMarket would always advise customers to only borrow what they need. Customers must only borrow what they’re sure they can afford to pay back. Please note: A new loan application is susceptible to the same checks as your first loan.
Can I repay my loan early?
QuidMarket understands that flexibility is important throughout the whole lending process. This is why QuidMarket is happy for its customers to repay their loan early. You can pay back all or part of your loan with us, whenever you like. QuidMarket does not charge any early settlement fees or penalties for settling early. Pay back a QuidMarket loan early to get your interest recalculated. The total amount of interest could be reduced. A reduction in interest would mean you would save money.
You might see the name Stagemount Limited on our website. This is our company name and we trade under QuidMarket. Stagemount Limited is authorised and regulated by the Financial Conduct Authority and our firm reference number is 677995. The Registered Office: Stagemount Ltd, Foxhall Business Centre, Foxhall Road, Nottingham NG7 6LH. Stagemount Limited is registered in England and Wales with company number Z2501836.
At QuidMarket we aim to give our customers the best service we can. We love and welcome your feedback. We regularly request feedback and reviews from our customers and our service speaks for itself. Check out our customer ratings on reviews.co.uk. Below is just a snippet of what some of our customers have said: