If you need to pay for emergency expenses, you’ll need to have available funds quickly. When your savings cannot cover the bill, and you are in between your paydays, choosing a short term loan can be an ideal solution. We can provide a Cash ASAP alternative when looking for online lenders. At QuidMarket, you can apply for up to £600 as a new customer and choose flexible repayments between 3 – 6 months.
- 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
- Bad credit histories welcome
- QuidMarket is an FCA Authorised UK lender
- No hidden fees
- No guarantor or collateral needed
- Same day cash transfer wherever possible
- Quick and simple online loan application
- Decisions made by humans, not computers
*Loan amounts and repayment terms are dependent on affordability checks
You can compare our loan alternative to Cash ASAP below and discover more about how we differ. We want our customers to have a good understanding of other online loans so that they can make an informed decision on their next loan when they need it most. You can click apply now if you want to start an application today, and we’ll give you a decision in principle quickly.
Who Are Cash ASAP?
Cash ASAP are a direct lender of both payday loans and instalment loans. Existing customers can borrow up to £750, with first time customers able to borrow between £150 and £400. Customers who choose a payday loan with Cash ASAP will need to repay in full within 35 days and can only borrow up to £300, whilst their ‘multi-month loans’ have a repayment term between 3 – 6 months.
Once approved, they aim to provide same-day cash so that borrowers can resolve short-term issues quickly. As a direct lender, they provide loans with their own money and make their own lending decisions. They are operated by APFIN LTD trading as cashasap.co.uk and are authorised by the Financial Conduct Authority (FCA).
A Cash ASAP Alternative for Those with Bad Credit
Having no available savings and little available credit until your next salary date can leave your finances under strain. If you are someone with a poor credit history, you may find it hard to borrow in an emergency. However, lenders like Cash ASAP can look to help by providing same day loans if eligible. In this situation, Cash ASAP would only be able to provide a payday loan that would need to be repaid in full in 35 days. This may not be convenient for those needing more flexibility as a new customer.
At QuidMarket, we’re happy to provide 3 – 6 month loan terms for new customers with our Cash ASAP alternative. This means if you need to borrow between £300 – £600 today to cover an emergency expense such as a boiler or car repair, we may be able to help you spread repayments over a number of months. Our emergency loans do not require you to repay in 35 days, so you won’t have to repay in full when you are next paid like with Cash ASAP, unless this is something you want to do. We’re happy to accept early repayment on an approved loan if it’s affordable for you to do so.
Whilst we cannot guarantee you will be approved, we can look to help those with a poor credit history, and won’t decline you just for having a low credit score. If we can determine the loan is affordable for you and you can sustain the repayments on the loan, you could be approved today. We will perform credit and affordability checks, so unless you are currently bankrupt or are in financial difficulties, we may be able to provide the loan you need.
How to Apply for a QuidMarket Loan
To get started with an application when clicking apply now, you’ll need to ensure you meet the following requirements. Our alternative to Cash ASAP is open to those with varying credit histories, allowing us to help many more people get the loan they need quickly.
- Live in the UK
- Be 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
- Be in employment and take home at least £1,300 a month
Meeting the above doesn’t guarantee we can help today, but does put you a step further to being approved where possible. Once submitted, we’ll perform credit and affordability checks. If we cannot determine the loan is affordable for you, we will have to decline. If approved, you’ll be able to sign your credit agreement online and our underwriting team will process the transfer of funds as quickly as possible. Please note, same day cash cannot be guaranteed and will depend on your bank supporting faster payments and if you apply during our business hours.
You can then settle your unexpected expense and repay the loan through the agreed monthly instalments. We’ll set up a Continuous Payment Authority (CPA) to automatically take repayment each month in line with the repayment schedule. All you have to do is ensure enough credit is in your bank account before the due date.
Cash ASAP Alternative – Apply Now
We’re happy to help provide a Cash ASAP alternative here at QuidMarket that could see you approved for a flexible loan quickly. If you have any questions, please contact us or refer to our FAQs. To begin your application today, click apply now.
Please visit Money Helper if you are someone in current financial difficulties as we will be unable to help if you cannot afford the repayments necessary.
Cash ASAP provide loans up to £400 for new customers and £750 for returning customers. This is lower than the amounts we can provide here at QuidMarket. We can help new customers borrow between £300 – £600 if eligible and can afford the repayments, and up to £1,500 for returning customers subject to credit and affordability checks.
Cash ASAP have two different types of loan they offer. Repayment is a maximum of 35 days for a payday loan, whilst 3 – 6 months for their ‘multi-month loans’. Here at QuidMarket, we provide 3 – 6 months repayments too but for any amount between £300 – £1,500. We do not require loans to be repaid in 35 days in full, however, you can choose to repay the full balance early if you want to.
We do not charge for late payments here at QuidMarket. Cash ASAP will charge a £10 default fee on the first day after missing a payment. Our Cash ASAP alternative has no admin or processing fees either, so there are no hidden fees to worry about.