As a new customer the minimum repayment period is 3 months and the maximum is 6 months. Additional options may be available to you as a repeat customer. *Applications submitted outside normal business hours will be processed on the next working day. *All applications are subject to affordability checks*
Representative example: Borrow £300 for 3 months / Interest payable £154.38 / Total amount payable: £454.38 in 3 instalments / 3 payments of £151.46 / Representative 1302.3% APR / Interest rate 292% per annum (fixed) / Maximum APR 1625.5%
At QuidMarket, we can provide hassle-free loans to assist those facing urgent financial needs. As a direct lender, we understand the importance of addressing unexpected expenses that just cannot wait. With our FCA authorisation, this means we adhere to responsible lending guidelines, enabling us to offer £1000 loans to customers in the UK while treating each applicant fairly.
Our priority is to ensure a simple and transparent application process for our loans. As a valued returning customer, the application process is swift and seamless. If you’re eligible, we can ensure a speedy transfer of the funds directly to your account, as long the loan is sustainable for you. This will be subject to credit and affordability checks to ensure your situation hasn’t changed and that your first loan with us is repaid in full. Simply log in to your QuidMarket account and we’ll see if we can help.
If you are considering a £1000 loan as a returning customer here at QuidMarket, we can look to help you if it is sustainable. As a responsible direct lender, we will need to assess your current financial situation to ensure that this will be affordable and that your circumstances haven’t changed since your first loan. We cannot offer guaranteed approval, even if you successfully applied before, so you will need to ensure that applying again is the right option for you.
It’s always crucial to assess what you can comfortably afford before applying for a loan, even if you have a good credit score. Short term loans can be expensive, so it’s essential to borrow only if truly necessary and that this will not cause a strain on your finances.
We cannot approve every loan application we receive from returning customers – we want to be honest about that. This is because we prioritise ensuring that each loan we offer is the right fit for our customers. We take the necessary steps to protect your financial well-being and offer loans with careful consideration. Our friendly team of expert advisors is here to support and guide you through the process too, so if you have any questions, please do ask.
Remember, we can only offer loans for £1000 for returning customers. If you are a new customer, we can help you apply for a minimum £300 loan, up to a maximum of £600, for your first loan with us.
When you apply for a loan at QuidMarket, your application receives personal attention from the start. As returning customers will already be aware, we take great care in evaluating each application to ensure that we provide customers with a completely tailored loan that perfectly suits their unique financial situation. While this process may take us a few minutes longer than if using automation, we firmly believe that our personalised approach is well worth it.
While we do take the time to provide human lending, and we are proud to do so, we are still able to process £1000 loan applications swiftly, allowing us to offer same day loans to many customers. Additionally, we use the Faster Payments System, ensuring that once you digitally sign your loan agreement, the funds are typically in your bank account within just 10 minutes.
We prioritise efficiency and customer satisfaction at QuidMarket. By combining a tailored service with fast manual assessment, we aim to deliver an experience that addresses your financial needs with care and precision, offering affordable, flexible loans.
As soon as you complete your application, we’ll give you a decision in principle agreement within minutes.
After receiving your application, our team of experienced credit analysts will carefully review it and conduct credit and affordability checks.
Repayments for fast loans for bad credit will be processed via a Continuous Payment Authority (CPA) on your bank account and will continue until the loan is fully repaid.
Before applying for a £1000 loan with QuidMarket, you will need to check that you meet our eligibility criteria:
If you meet the above criteria, we welcome you to apply with us as your trusted loan provider. Our application process is simple for our returning customers – simply log in to your account and request the loan amount and term of up to £1,500 that you want. As we will already have some of the essential information about yourself, your employment (your employer will never be contacted), and your financial status already, this will speed up the process.
After receiving your new application, we will create a tailored loan that aligns with your finances, only offering a £1000 cash loan if it is sustainable for you. Take your time to review the details before proceeding to sign the loan agreement.
With our customer-centric approach, your satisfaction and financial well-being are important to us throughout the process. You can feel confident with our transparent and user-friendly application process for new and returning customers. If we can help you today, we know it will be an affordable option for you.
For our returning customers we can offer £1000 loans, so if you are a new customer, you can access up to £600 with your first loan. As specialists in short-term lending, our loans are tailored for emergencies and short-term unexpected expenses, with repayments between 3 – 6 months.
As with any short-term loan, it’s essential to consider that this option may involve higher costs compared to other borrowing alternatives. Therefore, you should only apply for an urgent £1000 loan when it is genuinely necessary, and you have exhausted other options first. Take the time to determine the ideal loan term that allows you to comfortably repay the borrowed amount, and then complete our quick and user-friendly online application form. Whether you’re a returning customer or a new applicant, we’re dedicated to providing a seamless borrowing experience that aligns with your needs and circumstances.
At QuidMarket, we take pride in assisting those who may have poor credit with securing the loan they need. While ensuring responsible lending practices, we can look at offering loans for bad credit where possible, however, this cannot be guaranteed, even as a returning customer.
As part of our credit and affordability checks, we carefully assess your financial situation, considering your monthly income, essential expenses, and other financial commitments. This thorough evaluation allows us to determine whether the monthly repayments for a £1000 cash loan are sustainable for you. If we believe that the loan may lead to further financial difficulties, we will not approve the application.
If you have poor credit, it’s important to only apply when genuinely necessary. We encourage you to carefully consider your needs before proceeding with an urgent £1000 loan.
We understand the importance of responsible lending, which is why we offer new customers loans ranging from £300 to £600. As part of our commitment to our customers’ well-being, we ensure that first-time applicants cannot borrow more than a £600 loan. However, if you are a returning customer who has fully settled your first loan with us, you may be eligible for higher loan amounts of up to £1,500. Our loan increments are in £50 intervals, providing you with the flexibility to choose the exact amount you need. You should keep in mind that regardless of the loan amount, you will need to repay it with interest. Therefore, we encourage you to apply for only the amount you need to meet your financial needs.
We want to ensure that our loans for £1000 are affordable for all returning customers, which is why we offer tailored quotes based on your unique circumstances. The repayment amount is influenced by the loan term you select, allowing you to choose an option between 3 – 6 months that best suits your financial situation. Rest assured, you will never be charged more than 100% of the original loan amount in interest, and there are no hidden fees whatsoever. Use our loan calculator to see how much your chosen loan will be and adjust the repayment term to match your budget.