When dealing with emergency expenses, fast loans help cover unexpected bills quickly and without fuss. Here at QuidMarket, we strive to provide fast loans in the UK. And we never compromise on the service you receive. We use manual underwriting and affordability based decision-making processes. This allows us to offer fast loans for bad credit you can feel confident in.
We offer fast cash loans from £300 to £1,500, with flexible repayment terms up to 6 months. As a responsible, FCA authorised lender, we want you to be as informed as possible – we’re fully transparent about all costs involved and don’t charge any hidden fees. With our fast loans online, you can afford to take your time deciding if they’re the right choice for your finances. We hope to tell you everything you need to know about our fast cash loans on this page, but if you have any remaining questions at the end, contact QuidMarket and we’ll be happy to help.
QuidMarket Fast Loans in the UK
- Borrow up to £1,500, dependent on affordability checks
- Choose a flexible repayment term up to 6 months
- QuidMarket is an FCA Authorised responsible lender
- No hidden fees for our fast loans online
- Get fast loans with no guarantor or collateral
- Fast loans for bad credit available
- We’re a direct lender – no broker fees!
- Quick and easy application form
- Decisions made by humans, not computers
- Fast cash loans usually received within 10 minutes of approval
How Fast Payday Loans Work
We put a lot of careful consideration into how best to offer fast loans for bad credit. We wanted to balance getting the funds across to customers as quickly as possible with ensuring that our fast cash loans are the best they can be for all customers. We decided that there were certain areas where we were happy to speed up the process, and others where taking time is better. Some timesavers we use to offer our alternative fast payday loans include:
Online-only service: we decided to go without physical branches. This means no queueing to speak to an advisor, no filling out paperwork and no waiting around to hear our decision. When you apply for fast cash loans, you can get straight to the point. It also means you can apply whenever you want, wherever you are from your phone, tablet or computer.
Fast loan applications: our online application form is straightforward and, if you already know exactly what fast cash loan you need, it can be completed in just a few minutes. We’ve kept the form to the point, and we don’t ask you to provide any information we don’t need.
No complicated extras: we offer fast loans with no guarantor or collateral required. Some lenders may ask for these as ‘security’ if you have a low credit score. However, going through extra checks and valuations can seriously slow down the process. Instead, we’ve ironed out our decision-making process that allows us to have confidence in every customer we approve and offer fast loans with no guarantor, no collateral and no fuss.
Full transparency: as with everything in life, it’s much easier to come to a decision when you know what you’re signing up for. That’s one of the reasons why we’re fully transparent about all costs involved in fast payday loans, as well as what you can expect from the process. And if you have any questions, just ask.
Faster Payments: once you’ve been approved and digitally signed your loan agreement, we’ll process your fast cash loan without delay. We use Faster Payments which means that most customers receive their fast loans in the UK within 10 minutes.
Where Our Fast Loans Online Excel
Sometimes, good things take time. These are the areas of our fast cash loans that we weren’t willing to rush – even if it means we don’t offer the fastest loans in the UK.
Your decision: as an FCA authorised, responsible lender of fast loans in the UK, we want you to be confident in your decision to choose QuidMarket. We’ll never push you to apply before you’re ready, and if you have a question – or ten – you can speak to one of our friendly and helpful advisors.
Underwriting process: we manually underwrite every application. This means your application for fast loans in the UK will be reviewed by a trained member of our team. It takes a few minutes more than if we were to automate the process, but it’s worth the time.
The repayments: you can split the cost of your loan into flexible weekly or monthly instalments up to 6 months. This can make each alternative payday loan repayment more easily manageable with your budget. You should be aware that a longer repayment term will increase the cost of your loan, as interest builds up over time.
About Our Fast Loans for Bad Credit
Fast cash loans can be incredibly useful in emergency situations. If your boiler needs to be replaced, or your car is in the garage for urgent repairs, there’s no putting off the payment without seriously affecting your quality of life. If your bills have unexpectedly been much higher than usual, a bad credit loan could help you pay them. Fast payday loans are designed to cover you when you don’t have the spare cash available.
These emergencies can be stressful enough alone. However, if you have a poor credit score and are finding it difficult to be approved for the loan you need, it can become worse. Applying for fast loans in the UK that are tailored for people with excellent credit scores means you could be turned down automatically.
At QuidMarket, our aim is to help hard-working people cover their short-term financial needs. We don’t believe a low credit score should get in the way of this, and so we offer fast loans for bad credit. Instead of only looking at your credit score, we base our lending decisions on whether you can afford the fast cash loan you have applied for – it’s simple, and it works.
To do this, we’ll look at your regular income and outgoing payments. If you would be able to sustainably afford the repayments on your chosen fast cash loan, we’ll usually be happy to approve your application. You must also meet our eligibility criteria for fast loans in the UK:
- 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.
Apply for Fast Cash Loans with QuidMarket
At QuidMarket, we want you to be completely confident in your choices, and there’s no rush for you to make your decision. We’ve designed our fast loans in the UK so you can afford to take your time and still receive your fast cash loan quickly. If you have any questions, you might find the answer in our dedicated FAQ page quickly. If not, you’re welcome to contact QuidMarket and we’ll be happy to help you.
Once you’re ready, it’s quick and easy to apply for our fast loans online.