QuickQuid is no longer accepting loan applications for new or existing customers, so if you have been looking for the perfect QuickQuid alternative, you may be in the right place. QuidMarket offer competitive short term loans from as little as £300 and up to £600 for new applicants, so if you need to find a lender like Quick Quid, we are here to help. With loans based on affordability and quick lending decisions, we may be able to provide a variety of loan options for you, no matter your financial history and situation.
At QuidMarket, we believe in offering as much information about loan providers and alternatives as possible to help you make an educated choice when it comes to applying for a loan. On this page, we will cover QuickQuid, the types of loans that they offered, and the Quick Quid alternatives that are available. Hopefully, this will help you to make an informed decision about which QuickQuid alternative is ideal for you and your financial position.
Who Were QuickQuid?
Quick Quid were one of the largest payday loans lenders in the UK until they went into administration in 2019. Since the date of closing, they have no longer accepted loan applications from new or current customers, prompting many people to search for Quick Quid alternatives. Thankfully, there are still lenders available who can offer competitive loans with rates and terms to suit you.
One alternative to consider is QuidMarket. We have been operating online since 2011 to help hard working people meet their short term financial needs, whether they have a temporary cash flow issue or an emergency loans situation to handle. We offer a simple short term loan application process, particularly for those with bad credit or poor credit history, taking a personal approach to each application to check affordability.
How Does QuidMarket Work As A Quick Quid Alternative?
QuidMarket are a short term loan lender that offers loans based on affordability to applicants with a range of financial backgrounds and circumstances. This allows us to cater to many more people’s needs, as we take a personalised approach to each application that is submitted on our website. With a number of QuickQuid alternatives available, it can be difficult to know which lender to turn to. However, at QuidMarket, we do all of the hard work for you and all we need you to do is fill out our online application form to tell us how much you want to borrow and the term length. We will then take the time to process your application, rather than use an automated computer programme, to come to a lending decision.
We do not offer payday loans like QuickQuid did, but instead, we provide short term loans, which are easier to manage and offer you a longer repayment term. We help thousands of people with our flexible approach to lending by giving them the cash that they need when they need it most. With loans starting from £300 to £600 for new customers, and potentially up to £1,500 for repeat applicants, and repayments terms up to 6 months, we are a perfect choice if you need a loan like Quick Quid.
Why Choose QuidMarket?
While we recommend that you shop around to find your perfect Quick Quid alternative, we may just be the ideal option. You should research your desired loan provider as much as possible before applying or entering an agreement, but here are just a few reasons why we think you should consider QuidMarket:
Honesty and trustworthiness are key in a loans provider, so we are proud to say that we are fully FCA authorised. By selecting a provider that holds this accreditation, you can be sure that they are trusted and reputable in the industry, and offer higher standards when it comes to lending.
We provide loans for a range of people from a variety of financial backgrounds, so it’s key that we keep our loan options as flexible as possible. We want to offer every applicant the potential to pay their loan back over a period that suits them, and provide the perfect amount of cash for their financial situation, whether they have bad credit or a temporary cash issue. Our loans start at £300 and rise up to £600 for new applicants, with a variety of amounts in between.
No Hidden Fees
We guarantee total transparency with our loans, and if selected as your QuickQuid alternative, we can ensure that there are no nasty surprises or hidden fees. Whether you need cash loans, no credit check loans or something entirely different, we do not charge any upfront, late payment or extra fees on top of the loan you choose. We take a simple approach, and clearly explain the loan and repayments before we come to an agreement, and there will be no other fees.
Options For Bad Credit
We started QuidMarket because we wanted to help hard working people, even if they had poor credit history. We consider all applications, despite your credit score and base our bad credit loans on affordability to avoid leaving you in further financial difficulties. Instead of reviewing your whole credit history, we will assess your regular monthly income, your essential spending and any other financial commitments that you may have to determine whether you will be able to make regular repayments.
When offering loans to individuals in difficult circumstances or with poor credit history, it is essential that we take a responsible approach. We have our lenders’ best interests at heart and will not let an applicant secure a loan if we believe that they do not have the means to repay each month. We will make sure that no applicant is left out of pocket and if we believe that an individual will struggle to make repayments, we will not approve the application.
We want you to be completely confident in your Quick Quid alternative choice, so there is no need to make a decision on the spot. Instead, take the time to browse other alternatives to QuickQuid and see which would work best for you. However, it is worth remembering that QuidMarket offer flexible and competitive short term loans for terms as short as 3 months to cover any temporary financial issues. Find out more about our alternatives to Vanquis and Buffa Loans. If you have any further questions, you may be able to find the answer on our FAQs page. If not, please contact us at QuidMarket and our friendly team will be happy to help.