Quidmarket will never charge you any fees. You should never pay upfront fees for a loan or send money in return for a loan.

Payday Loans

Payday loans offer a financial solution for short-term needs, providing a quick and convenient way to access funds. At QuidMarket, we offer flexible, manageable repayments whether it’s for unexpected bills or urgent cash flow needs, so you can resolve them responsibly when you don’t have other means to help. Apply for a payday loan up to £600 today as a new customer and get a fast decision.

I Would Like To Borrow

£300 £1500
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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%

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Can I Apply For Payday Loans with Bad Credit?

At QuidMarket, we understand that financial challenges can affect anyone at any time, regardless of their credit history. That’s why we’ve designed our payday loans to be accessible, even for those with bad credit. We believe in providing fair opportunities to all, which is reflected in our acceptance rates for those eligible needing short term loans.

Our approach to payday loans with bad credit is to assess each application individually, and we’ll consider more than just your credit score. We focus on your current financial situation and affordability, offering a helping hand when you need it most. With QuidMarket, a less-than-perfect credit history doesn’t close the door to financial support. If the loan amount and repayments are sustainable for you, we may be able to help.


5 star customer reviews on Trustpilot.
Lent to customers in payday loans.
Years experience in short term lending.
couple applying for loan
Payday Loans

What To Consider When Applying for Payday Loans in the UK

Before applying for payday loans in the UK, it’s crucial to consider whether it’s the right choice for your financial situation. Firstly, assess your need for the loan and ensure it’s for a short-term cash flow issue rather than any long-term financial solution. You should also consider the affordability of the repayments. It’s important to ensure that you can comfortably meet the repayment terms without causing additional financial strain – if choosing payday or quick loans is not sustainable for you, it’s best to seek other ways to resolve your short-term issue.

It’s also important to understand the interest rates and fees associated with payday loans, as they can be higher compared to other types of emergency loans. Whilst we do not charge any upfront or hidden fees at QuidMarket, you should carefully consider payday loans for bad credit and if you are happy with the total loan amount. We offer a transparent approach, so you can see all the necessary information to help you make an informed decision. If you choose a payday loan with repayments between 3 to 6 months, you’ll see exactly what you’ll need to pay.

When Should I Apply for a Payday Loan?

Facing an emergency financial situation that requires immediate attention can leave many of us unsure what to do. From unexpected bills to urgent repairs, hopefully, you’ll have emergency savings that can help you. If, however, you don’t have this to rely on, this is when you may want to consider a payday loans direct lender for when you really need the cash.

If you’re confident you can sustain the loan repayments for up to a maximum of 6 months, this could be an option for you in an emergency. As responsible lenders, we’ll always need to assess your financial situation and ensure that same day loans won’t lead to further financial challenges. We encourage borrowers to consider payday loans only as a solution for short-term, urgent financial needs, so if it would help get your finances back on track and it’s sustainable, we may be able to help today.

How Do I Apply for a Payday Loan?

We’ve made applying for a payday loan at QuidMarket as straightforward and quick as possible, so you can receive the funds you need without delay. As a new customer, choose a loan amount between £300 and £600 and a repayment period between 3 to 6 months. You’ll also need to meet the following eligibility requirements:

  • Be between the ages of 23 and 65
  • Be a resident of the United Kingdom
  • Have a valid mobile number to receive text messages
  • Have a current UK bank account with a valid debit card
  • Be employed and receive a take-home salary of at least £1,250 per month

Our application form requires only essential information, making it hassle-free when you’re looking for help quickly. Once submitted, we’ll conduct affordability checks to ensure the loan suits your financial circumstances. A credit check is an important part of the process, but as we take a human approach to lending, if you have a poor credit history you could still be approved – this will depend on whether we can determine payday loans for bad credit are sustainable for you. We cannot guarantee approval, and whilst we can provide loans for more than £600, such as £1000 loans, you’ll need to be a returning customer and have repaid your first loan with us in full.

What we can do for all applicants is process applications quickly and efficiently, aiming to provide a prompt decision the same day where possible. If approved, we can transfer the funds to your bank account fast, often on the same day where possible. We’re happy to provide simplicity and speed that make our payday loans a practical choice for those needing urgent financial assistance.

  • 01 Loan Amount

    Choose a payday loan between £300 – £600, with flexible repayments between 3 – 6 months.

  • 02 Underwriting Process

    Our team of credit analysts work fast to assess your application and affordability, performing necessary creditworthiness and affordability checks.

  • 03 Same Day Cash

    If we can approve your UK payday loans application, we can transfer the loan funds the same day where possible.

icon check image Loan Amount Choose a payday loan between £300 - £600, with flexible repayments between 3 – 6 months.
wallet image icon Underwriting Process Our team of credit analysts work fast to assess your application and affordability, performing necessary creditworthiness and affordability checks.
thumbs up image Same Day Cash If we can approve your UK payday loans application, we can transfer the loan funds the same day where possible.

Why Choose QuidMarket?

Did we mention we are real, human, direct lenders? We do not rely on automation to provide credit decisions and instead have a team of credit analysts ready to assess your application. This makes a difference for our customers as it means we won’t decline you just for having a low credit rating.

We prefer to assess every customer manually before a decision is made on approval as we feel this is a better way to provide responsible lending as Financial Conduct Authority (FCA) approved lenders, and although we cannot guarantee every application will be approved, we can help many customers who need funds quickly.

We can also promise exceptional customer service, ensuring that your experience with us is as smooth and supportive as possible. Our focus is on affordability and individual circumstances, which allows us to offer financial solutions to a wider range of customers, especially those looking for payday loans with bad credit histories.

With QuidMarket, you’re not just a credit score – you’re a valued customer with unique financial needs that we’re committed to understanding and addressing. If a payday loan would help you out today, you can start your application by clicking Apply Now. Please contact us if you have any questions and we’ll be happy to help.


icon check image Easy To Apply Simple to complete online application, designed to help you in minutes.
wallet image icon Affordable Choose flexible repayments for up to 6 months to repay your emergency loan.
thumbs up image Trusted Lender We’re FCA authorised direct lenders of payday loans, so you can trust you’ll be treated fairly.

Payday Loan FAQs

Payday loans and short-term loans are similar in that they both provide quick financial solutions for short periods. However, where traditional payday loans typically require repayment on your next payday, short-term loans, like those offered here at QuidMarket, can have more flexible repayment terms. If you are looking for flexible payday loans in the UK, we can look to help if the repayments are sustainable for your needs. Use our loan calculator to select repayments between 3 – 6 months and see exactly how much this will cost on a loan between £300 and £600.

The application process for our payday loans is swift and designed to give you a quick decision. We don’t like to keep customers waiting longer than needed, so we aim, where possible, to provide a decision within 2 hours. If approved, the agreed loan funds are often transferred the same day using the Faster Payments System (FPS), ensuring quick access to the money you need.

Like any form of borrowing, payday loans can impact your credit rating. This is why it is important to only apply when you really need to and do not have any other ways to resolve. You will need to ensure repayments are maintained as any late or missed payments can have a negative impact.

Whether a personal loan is better than a payday loan depends on your individual financial needs and circumstances. Personal loans generally offer larger amounts and longer repayment terms so are not suitable for short-term situations. If you’re looking for a small loan amount under £1,500, short-term payday loans can be a better option and provide affordable repayments that ensure you can settle the loan quickly.


No, at QuidMarket we’re happy to provide flexible repayments so that you don’t have to settle the loan on your next salary date if you don’t want to. With our payday loans, you can spread the cost over a period that suits your financial situation, anywhere between 3 to 6 months. If you then decide you want to repay sooner than this, all you have to do is contact our team and we’ll provide an early settlement figure at no extra cost.

Yes, at QuidMarket, we consider applications for payday loans from those with a wide range of credit histories, including those with poor credit. We focus on your current financial situation and affordability, providing a more human lending experience than other types of lenders. As long as the loan is sustainable for you, there’s a chance we can approve your application.


Warning: Late repayment can cause you serious money problems. For help, visit: www.moneyhelper.org.uk