QuidMarket is a short-term loan direct lender – we are also an online payday loan lender. If you have short term loan bad credit, poor credit, payday loans or a short-term instalment loan could help.
Guaranteed Payday loans or guaranteed instalment loans online are not something we offer as we underwrite each application for instalment loans or payday loans on its own merits.
QuidMarket started helping hard-working people meet their short-term financial needs, back in 2011. The majority of mainstream lenders did not offer a product that could help people who needed a flexible, affordable solution – particularly those with bad credit or poor credit history. With this in mind, we offer a short term instalment loan, and if need be, a one-month payday loan with a simple application that we aim to process the same working day, so you get your loans today.
You can borrow between £300 and £1,500 and pay it back over a time frame that suits you from between three and six months. Go to the “apply now” button on the homepage and use the sliders to work out what you will need to pay back each month. You can even pay your short term instalment loan or one-month payday loan weekly or monthly depending on how often you get paid.
Since 2011 we have helped thousands of hard-working people through periods of short-term financial difficulties with our instant loans – if you need any more information about QuidMarket or our application process go to the How It Works section.
To start your application for a short-term instalment loan or payday loan go to our homepage and hit the Apply Now button.
QuidMarket and the Financial Conduct Authority (FCA)
The short-term credit industry has gone through many changes recently. The Financial Conduct Authority (FCA) recently took over the regulation of companies offering short-term high-cost credit bringing the industry in line with mainstream lenders and banks.
During the change, short-term loan and payday loan providers had to apply for a license from the FCA showing their policies and working practices were within the rules and guidelines set out by them.
A large number of companies in the short term loan and payday loan sector did not meet the criteria, and either had to prove they had implemented the necessary changes to their policies and working practices or cease trading.
Here at QuidMarket, we were approved for a license by the FCA at the first time of asking – a very proud day for us all. This approval from the FCA underlines the commitment to our customers and shows us as a reputable, transparent and honest lender.
QuidMarket trades under FCA license number 677995 – you can view the FCA Register on their website.
QuidMarket and the Consumer Finance Association (CFA)
QuidMarket is also a member of the Consumer Finance Association (CFA). The CFA works closely with the FCA, government and other regulators to give a voice to companies within the short-term lending industry raising issues and concerns.
For more information about the CFA and the work they do, visit the CFA website.
QuidMarket is a direct lender
To put it simply – QuidMarket is a short-term loan direct lender. We are not a broker and so will never pass your details on to any third party for sales and marketing purposes unless you specifically request this. The main benefits of borrowing from a direct lender are that it is cheaper for you, the customer. Brokers act as a go-between, or middleman and have been known to charge fees which are taken at the time of the application or added to your loan. QuidMarket is fully transparent, and all our charges are visible before you sign the loan agreement. Please note: Your privacy is important to us. We only share information with your permission.
QuidMarket offers a same day cash transfer upon approval of your loan application, which means, so long as you fulfil our lending criteria you can have the cash in your account when you need it most; maybe to pay off an unexpected bill or household emergency. To start your application use the sliders to select the amount and duration of your loan and once you are happy with the repayments to continue through to the application form. Please note: applications made outside of business hours may be funded on the next working day.
We have streamlined our online application form as much as possible so is designed to be as convenient for you, the customer, as possible. We only ask for essential information that we require to process your loan application. As such, the app itself should take you a couple of minutes.
Do you offer top up loans?
At the moment QuidMarket does not offer an option to top-up a current loan. When your final loan repayment has been made to our account on time, your account will be clear meaning you are free to re-apply if you feel you need a bit of extra cash to help out with any unexpected expenses. To re-borrow from QuidMarket, you must first repay the existing loan. You can view the status of your current loan with us in our Existing Customer Area (ECA). Repeat loan applications are much faster for returning customers and, provided you meet our re-lending criteria and nothing has changed in your financial circumstances returning customers could even be eligible for a higher amount. Returning customers, please note: All loan decisions are dependent on the personal situation and affordability checks. We always advise people only to borrow what you need and ensure the monthly repayments are affordable. At QuidMarket Loans, we do run credit checks, but we do not solely rely on these to make our lending decision for your personal loans so even if you have poor credit, loans may still be available to you.
Short-Term instalment loans or payday loans are an expensive way to lend. There may be more suitable and cheaper alternatives available. If you feel you are experiencing more long-term financial difficulties, then visit the Money Advice Service.
Can I repay my loan early?
A Short Term instalment loan or a quick QuidMarket payday loan is designed to help you through short-term financial issues – therefore we only charge interest daily, and for the number of days you have the credit from us. If you want to repay all or part of your loan early, then get in touch with our friendly Customer Care team who will work out the exact amount for you to pay back. There are no early settlement or admin fees whatsoever – we are here to help rather than seeking as much profit as possible from our customers. Paying your loan back early will not affect your relationship with us, or your credit file or credit report – it will just save you some money. Neither will it affect your credit score.
With a Short-Term instalment loan from QuidMarket, you are in control. Our easy to use “sliders” allow you to adjust the amount of the credit and the repayment schedule that suits you. You will then see our interest rates along with the amount to be repaid each month/week and the total repayable with QuidMarket Loans within the table below the sliders.
There are no hidden admin charges or transfer fees giving you peace of mind that what you see is what you pay. Once you have repaid your initial loan, you can even apply for a one-month quick QuidMarket payday loan using the Existing Customer area.
QuidMarket reviews and customer feedback
We welcome feedback on our services and application process so if you have any comments please feel free to leave a review on our Trust Pilot review page. Alternatively, if you have a suggestion or new product you would like to see available, don’t hesitate to get in touch. Take a look at the reviews our customers have left and find out why 94% of the 160 reviews rated us 4 or 5 stars (out of 5)
Stagemount Limited – about us
Stagemount Limited is our company name and we trade as QuidMarket. Stagemount Limited is authorised and regulated by the Financial Conduct Authority under license number 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.
✓ FCA Authorised
✓ No Guarantor Required
✓ Bad Credit Considered
✓ Flexible Repayments
✓ Same Day Cash Transfer
✓ No Hidden Fees
✓ Quick & Easy Application