With MyJar unable to provide further borrowing, if you need a short term loan in a hurry, we can help you at QuidMarket. Our alternative loans like MyJar are quick and simple to apply for, and we’ll help you get the cash you need the same day. As a new customer, you can apply for between £300 – £600 and choose repayment terms of 3 – 6 months. If you need an affordable option to cover an emergency expense or unexpected bill before payday, our short term options can help you resolve it fast.
To start an application today, choose the amount and repayment term you require and click apply now. Our short application form can be completed in minutes, and our team of underwriters will process your application quickly, so you will not be left waiting for a decision. If approved, we’ll transfer the funds to you on the same day into your bank account so that you can use them straightaway.
Click apply now to start your application, or to find out more about loans like My Jar and our loan options at QuidMarket, read on below.
Who are MyJar?
MyJar were a short term direct lender of cash loans that could be applied for online. Customers could borrow up to £2,000 and choose monthly repayments of 3 – 12 months. Since 22 December 2020, MyJar went into administration and stopped all new lending activity. They are no longer available to provide financial assistance, so alternative loans like MyJar are needed for customers requiring help. Customers with existing loans with MyJar during this time still need to repay their agreements.
Whilst MyJar are no longer able to help customers, there are many other loans like MyJar that can. Here at QuidMarket, we can provide the quick cash you are looking for when in a difficult short term position. As a new customer you can apply for up to £600 to cover an emergency expense, then repay with affordable repayments up to 6 months. We charge no fees for using our service and there are no hidden fees either. You can work out how much the loan you need will cost each month using our loan calculator before completing an application. We want to be as transparent as possible, so you can see how much interest you will be charged.
As a Financial Conduct Authority (FCA) authorised direct lender, at QuidMarket we work to responsible lending guidelines. We’ll always ensure you can afford the loan repayments before approving your application, performing credit and affordability checks to ensure you are not in financial difficulties. If you are approved, we work quickly to transfer the funds to use the same day. You can then resolve your issue fast, repaying with affordable monthly instalments.
Finding Alternative Loans Like My Jar
It’s important to only use alternative loans like My Jar that are FCA approved. This ensures your information will stay secure online and the lender is working within industry regulations. At QuidMarket, we provide a trusted service that has helped many customers get the cash they need, even with a poor credit history. Features of our loans include:
- 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
- QuidMarket is an FCA Authorised responsible lender
- No hidden fees, transparent terms
- No guarantor required to apply
- Bad credit applicants welcome
- We are direct lenders in the UK – no broker fees!
- Quick and easy application form
- Decisions made by humans, not computers
- Receive the cash the same day as approval where possible
*Loan amounts and repayment terms are dependent on affordability checks
You can easily compare your loans like My Jar online and if you are unsure if a lender is FCA authorised or not, check their details on the FCA register. You will find their authorisation number which will also be published on their website – our FCA authorisation reference is 677995.
How to Apply for a QuidMarket Loan
If you want to apply for a same day loan through us, you can quickly do so by clicking apply now. You will need to ensure you meet the following requirements before doing so:
- 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 (you will need to have 1p in your account for us to verify your card. This will show as a pending transaction of £0.01, but you will not be debited.)
- Be in employment and take home at least £1,300 a month.
Meeting the above ensures you are eligible, but does not mean you are guaranteed approval. Each application is subject to credit and affordability checks, so if we cannot determine you can afford the loan, we will have to decline your application.
Apply Online for Loans Like MyJar Today
With our short application process and quick payout once approved, you’ll find a fast alternative to loans like MyJar at QuidMarket. Begin your application now by clicking apply now, and if you have any questions, please contact our team. If you are someone experiencing financial difficulties, visit Money Helper for more advice and helpful information. If you do have a history of bad credit, but your finances are in a much better place today with plenty of affordability, we welcome your application.
No, as of 22 December 2020, MyJar have stopped all lending activity. If you require a short term online loan, we can help you at QuidMarket. We provide alternative loans like MyJar but provide a fixed loan amount rather than a credit limit. So, you can choose an amount and repayment term, see the total cost, and get approved online quickly through us. We accept applicants with varying credit histories, so you can apply with confidence today if you can afford repayments.
Loans like My Jar provide fast approval and same day cash. At QuidMarket, our service is the same and will transfer approved cash the same day where possible. Please note, as we can offer 24/7 loans, if you apply outside of business hours, your application will not be processed until the following working day. Our hours are Monday to Friday, 8am – 6pm and Saturday 9am – 4pm.
A new customer can apply for between £300 – £600 for their first loan with us, choosing repayments between 3 – 6 months. If you successfully pay off your first loan, you are welcome to apply again in future. You will then be able to apply for up to £1,500 on your next loan. Please note, the maximum amount available is not guaranteed and is subject to credit and affordability checks.