When faced with a financial emergency or an unexpected bill, you often need cash urgently. While many types of loans require a lengthy approvals process, at QuidMarket we may be able to provide you with a loan today.
- New customers can borrow from £300 and up to £600*
- Returning customers can apply to borrow up to £1500*
- We’re a responsible and FCA authorised lender
- No guarantor or collateral is needed
- Same day cash transfer wherever possible
- Decisions made by humans
Why Might I Need A Loan Today?
There are many reasons why you may need a loan today. Perhaps your boiler has broken down and you have no hot water in your home, your cars tyres are dangerously thin and require a replacement and your pay check just can’t quite cover it, or perhaps you’ve been faced with a medical emergency and need treatment. Being able to get the cash that you need quickly and stress-free can help you to manage these often-unavoidable situations.
How Can I Get A Loan Today?
When it comes to taking out a loan with QuidMarket, we help to make the process as smooth and hassle-free as possible. While each and every one of our applications is assessed and approved by a real person (we could add automation to our process, but we understand the need for that personal touch), we can still offer one of the fastest solutions available. While we can’t guarantee an instant decision as we conduct a number of affordability checks, once we have reached a decision, you may be eligible for a same day cash transfer. We also offer the ability to apply for our loans on a 24/7 basis, as our loans are specifically designed to help those with urgent needs, and where possible we will look to process your application on the same day.
How Can I Apply For A Loan Today?
The application process through QuidMarket to get a loan today is simple and hassle-free. We understand that facing an emergency expense can be a stressful situation, and our process aims to alleviate some of the additional worries you may feel when looking for a loan today. It takes just a short while to fill out our application form. Below we have detailed the steps through our loan application:
- Check that you qualify with our eligibility criteria
- Fill in our application form where you will need to detail some personal information, some financial information and your bank and card details.
- Your loan is then processed manually via our underwriting process
- Once the loan application is approved, the loan will be paid within the next available funding run through the day.
- As part of the process, we will set up a Continuous Payment Authority (CPA) meaning the agreed monthly repayment can be taken from your account on the dates outlined on the agreed schedule.
- If you are unable to make any repayments, it is important to contact us as soon as you can as late repayment can cause you serious money problems.
- If you want to repay the loan early, this is certainly an option and you can contact us at any time for an ‘Early Settlement’ figure.
- If you are a repeat customer, you can access the Existing Customer Area where some of the information from previous applications will already be saved on the system to speed up the application process.
While we aim to process all of our loans today, this is entirely dependent on the affordability checks and other checks that we conduct. Applications that are submitted outside of normal business hours will be processed as quickly as possible the following working day.
Does Using A Direct Lender Help Me To Get My Loan Today?
Using a direct lender means that your loan application will not be passed through to other loan companies or third parties. This helps to ensure that all of your details and applications are managed and accessible within one place. Not only does this mean you know exactly who your money is coming from and who is processing your application, but also that your information is safe and secure. At QuidMarket, we are a direct lender specialising in short term loans for financial emergencies. We’re a reputable, responsible lender who are FCA authorised meaning you can put your trust in us.
What Is The Criteria For Applying For Loans Today?
In order to apply for a loan today, it is important to comply with our basic criteria. To be eligible, applicants should:
- Live in the UK
- Are aged between 23 and 65 years old
- Have a mobile phone to receive a 4 digit SMS code during the application process
- Hold a UK bank account
- Have a valid debit card (a provision debit of 1p may be seen in the customer’s account)
- Be in employment
- Take home at least £1300 a month
What Are The Different Types Of Loans That I Can Apply For Today?
At QuidMarket, we specialise in short term loans. Unlike traditional payday loans which require loans to be repaid in full by your next pay check, our loans today are far more flexible. We’re able to offer a range of different loan amounts from £300 through to £1500*.
Often referred to as instalment loans as the repayments are made in regular stages, this allows those facing a financial emergency to spread their repayments in a manner that suits them.
While we do not offer loans such as debt consolidation loans, logbook loans or guarantor loans, we continue to provide flexible solutions to hardworking people who need it most.
You can choose a monthly repayment option that suits you throughout the application process. Our current loan repayment options are from 3 to 6 months.
As we are a responsible lender and authorised by the FCA, we are unable to guarantee that we can approve your loan. Our loans today are processed and approved based on affordability and credit checks. However, we do not discount applications if our customers have bad credit as our decisions are based more on your affordability than your credit score.