With many different loan providers available online, finding the best fit for your short-term financial position needs careful consideration. However, if you need to resolve your situation fast, we may be able to help you here at QuidMarket. As a Moneyboat alternative direct lender, we may be able to help you if apply for a loan up to £1,500 today, if you are a repeat customer, otherwise up to £600 as a new customer. We can provide a quick decision on your application.

Our short application form takes minutes to complete, and we’ll provide you with a decision in principle quickly. If we can help, you could have the funds the same day even with a poor credit history.

  • 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

Below, you will find more information about our short term loans as well as Moneyboat, helping you compare your options and make an informed decision. If you choose to apply through us, just click apply now to begin your application and we’ll see if we can help today.

How much do you need?

£300 £1500

For how long?

Apply Now

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Month 3


Month 4


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Month 6


This is for illustration purposes only. Your repayment schedule will be confirmed during your application

*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 1301.1% APR / Interest rate 292% per annum (fixed) / Maximum APR 1625.5%

Compare short term loans on Clear and Fair

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.

Who are MoneyBoat?

Moneyboat are a direct lender offering customers loans up to £1,500. These can be repaid over a maximum of 6 instalments and new customers are eligible for up to an £800 loan, with existing customers able to borrow higher amounts. Moneyboat loans can be ideal for those needing short-term funding quickly and flexible repayment terms. They are Financial Conduct Authority (FCA) approved and a loan application can be completed online.

When comparing to our loan options here at QuidMarket, you’ll see we also offer quick cash loans to customers needing funds in an emergency. As an FCA authorised direct lender, we also offer loans up to a maximum of £1,500. We can help both new and existing customers, as long their first loan is settled in full, and we provide an easy application form to apply online.

One of the main differences between us and Moneyboat is that we do not charge any fees to our customers. This includes admin or processing fees and we also do not charge customers for missing repayments. Moneyboat will charge a £15 one-off fee if customers do miss a repayment, if not settled within 3 days of the due date. We could charge a fee as this would be within FCA guidelines, however, we choose not to and understand that circumstances can quickly change. It’s important to sustain your loan repayments, but if you are late making a repayment, you’ll have peace of mind we won’t charge a late fee.


Choosing an Alternative to Moneyboat

When seeking an alternative to Moneyboat, it’s important to compare your options. As there are many similar lenders available online, you should take the time to compare lenders. You may be tempted to look at payday loans in an emergency, however, these may not provide the flexibility you need. You may also consider choosing a personal loan with a high street lender, however, your options to borrow amounts smaller than £1,000 will be limited and they may not be able to help those with a poor credit history.

Here at QuidMarket, we’re an alternative to Moneyboat and high-street lenders, helping those who may have struggled to borrow elsewhere. If you have been declined due to a low credit score, we may be able to help you with our alternative. You’ll need to have plenty of affordability to be able to sustain repayments. We need to make sure a loan, whether it’s for £300 or £1,000, is sustainable for you and will not cause financial difficulty. As an FCA approved responsible lender, we’ll only approve a loan if we can determine it’s affordable for you and will have to decline your application if not.

If your financial difficulties are in the past but you have bad credit, we may be able to help you with an emergency loan today. Click apply now and we’ll what’s possible for you, helping you to resolve your short-term issue as quickly as possible.

Applying for Our MoneyBoat Alternative

To start an application to see if we can help with our Moneyboat alternative loans, you’ll need to meet the following eligibility first. We cannot guarantee we will be able to approve a loan before credit and affordability checks are completed, so below explains what you’ll need to apply online. You must

  • 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

Once your application is submitted, we’ll run credit and affordability checks and if we can determine the loan is affordable for you, we may be able to approve it today. Our underwriting team will process the loan as quickly as possible, and you could have the funds the same day in your bank account to use. This will depend on your bank supporting the Faster Payments System, and the time of day you apply. To repay your loan, we will arrange a Continuous Payment Authority (CPA) on your bank account to automatically take payments on your due date each month. All you have to do is ensure funds are available before each payment is due.

Apply Online Today for Loans Up to £600

Ready to see if we can help you today with our Moneyboat alternative? Click apply now and we’ll provide you with a decision in principle for the loan you want fast. Have any questions? Please contact us with any queries you may have. Please note that any applications received outside of office hours will be processed on the next working day

If you feel you are in current financial difficulties, please visit Money Helper. You’ll find further information there that may help in your situation.

Moneyboat are a direct lender of short term loans that lend their own money, unlike a credit broker. This is the same as QuidMarket as we are also direct lenders. You can borrow between £200 and £800 as a new customer at Moneyboat, with existing customers able to apply for up to a £1,500 loan. At QuidMarket, new customers can apply online for up to £600 and choose repayments between 3 – 6 months.

Yes, Moneyboat will charge loan customers a one-off, non-refundable £15 late payment fee. If you miss a repayment and it is not settled within 3 days of the due date, Moneyboat will charge this fee. Here at QuidMarket, we do not charge any late payment fees. However, it is important to ensure that you can sustain your repayments and do so on time each month.

Yes, we welcome applicants whether they have good or bad credit, as long as they can afford the loan they need. We’ll assess your affordability alongside a credit check. If we can determine the loan is affordable for you and repayments can be sustained, we may be able to approve your application. We take a human approach to lending, so if your credit score is low but your finances are in a good place now, we may be able to help today with our Moneyboat alternative.

Warning: You should never pay upfront fees for a short term loan or send money in return for a short term loan. Late repayment can cause you serious money problems. For help, visit: www.moneyhelper.org.uk