When the unexpected happens and you need to borrow money as quickly as possible, you should still get a good deal from a great lender. Here at QuidMarket, we offer same day loans online to hard-working people who need extra cash in an emergency.
- 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 for same day loans in the UK
- We’re a same day loan direct lender
- Quick and easy application online
- Decisions made by humans, not computers
- No guarantor or collateral needed
- We offer same day loans for bad credit
- You’ll usually receive the cash the same day as approval
*Loan amounts and repayment terms are dependent on affordability checks
For more information about same day payday loans, contact QuidMarket and we’ll be happy to chat. Once you’re ready, apply for our same day loans in the UK online.
What Are Same Day Loans in the UK?
Situations arise when same day loans can be a lifesaver. We’ve all been there – perhaps your boiler has broken down and needs replacing before you can get hot water in your home. Maybe your car is in the garage for urgent repairs. Or you’ve had a utilities bill come in much higher than you were anticipating. If you don’t have enough cash set aside to cover the expense, quick loans tide you over in the meantime.
Usually, same day loan direct lenders use computerised, automated processes to speed up processing applications so they can offer guaranteed same day cash loans. Your application for same day payday loans will be run through a computer and, if the numbers don’t match, you could be automatically turned down. This can make it especially difficult if you are looking for same day bad credit loans.
Quick Same Day Loans
The main reason why someone may want to find same day cash loans online is because they are usually speedy to process. If you are in an emergency situation, it is only natural to want the fastest solution possible. With quick loans, you could have access to cash within the same day, or even within a few hours, depending on your chosen lender. If you need cash in a hurry, this could be an option to consider. There are many lenders available online who offer quick loans, including us at QuidMarket. While we cannot guarantee that we will provide an instant decision, due to our personal approach to checking applications for affordability, we will work quickly to ensure we get the money to you when you need it most. Once we have reached a lending decision, we may be able to proceed and provide a same day cash transfer.
The QuidMarket Difference
Here at QuidMarket, we take a different approach. As same day loan direct lenders, you get all the benefits of taking out same day loans online without a broker and the extra fees and charges. We operate online, which allows us to keep our costs down and pass the savings onto you. Our short-term loans between £300 and £600 are spread over a flexible repayment schedule between 3 to 6 months, because we know repaying the full amount on your next payday isn’t ideal.
Most importantly, every application for same day loans in the UK is looked over by a human member of our team. We think doing things properly is better than doing them at the speed of light. We carefully consider every application, and are still able to offer quick loans, with the cash in your bank account from just 10 minutes after approval.
Same Day Loans for Bad Credit
Let’s talk about how we’re able to offer same day bad credit loans. As a responsible, FCA Authorised same day loan direct lender, our aim is to help hard-working people get the emergency funds they need, when they need it. We don’t make you jump through hoops or spend hours being interrogated about every detail of your finances. And we don’t cut corners to offer guaranteed same day loans. We’ve found a way to help those applying for same day loans with bad credit quickly and fairly.
When you apply for our same day loans in the UK, we’ll assess your application based not on your credit report or credit score, but on whether you can afford the loan you’re applying for. It’s quick, it’s simple, and it works. We look at your regular income and outgoings, such as credit card repayments, direct debits and other credit agreements like loans and phone contracts. From what you have left over each month, we’ll determine if you could comfortably afford the repayments on your chosen same day loan.
Working this way, we can offer same day loans in the UK confidently, and with peace of mind that it’s not likely to cause our customers further financial issues. We can’t offer guaranteed same day cash loans, but we’re able to approve a great number of applications – more than we could on credit score alone.
You’re welcome to apply for same day payday loans if you meet the following criteria:
- Live in the UK
- 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 (we run a verification check that takes 1p)
- Be in employment and take home at least £1,300 a month.
If you have any questions about our quick loan approval process, simply give us a call and we’ll be happy to answer your questions.
About Same Day Payday Loans Applications
Unlike other same day loan direct lenders, we don’t offer guaranteed same day loans. While the vast majority of our loans are processed, approved and delivered on the same day, we pride ourselves on being fully transparent. Your application may be slowed down if there are mistakes on your application form, or if any issues are flagged up during our checks with Credit Reference Agencies and Fraud Prevention Agencies.
You can help ensure the process goes smoothly by double checking the information on your application form. It’s quick and easy, taking just a few minutes to fill out, and giving it a thorough once-over is worthwhile.
Another step you can take is to only apply for same day payday loans you’re sure you can fit into your budget. When you apply, use the sliders to change the loan amount, only borrowing what you need, and adjusting the flexible repayment term to suit. We’ll show you how much you can expect each instalment of your same day loans in the UK to be. Spreading the repayments over a longer term will make each repayment smaller and more manageable, but it can increase the overall cost of your loan as interest has time to build up. Our friendly advisors are on hand to help if you have any questions about our same day loan direct lender process.
Choose QuidMarket as Your Same Day Loan Direct Lender
To sum up, our same day payday loans are short-term loans with a flexible repayment schedule between 3 to 6 months. You can tailor our same day loans online to suit your needs and budget. You can borrow between £300 and £600, dependent on affordability checks, and we are happy to consider applicants for same day bad credit loans.
We’ve made the application process quick and easy so we can take the time – as a responsible same day loan direct lender authorised by the FCA – to ensure our same day loans in the UK are the right fit for you. The repayments are designed to suit your income, with weekly and monthly instalment options available.
At QuidMarket, we want you to be completely confident about choosing us as your same day loan direct lender. If you have any questions about same day payday loans, pick up the phone for a chat. Once you’re ready, apply for quick loans and get the cash you need without a fuss.
Loans vary between lenders, but usually, same day loans use automated processes to check applications, which allows lenders to speed up the process and provide cash on the same day. These types of loans are typically used by people in need of urgent cash for an emergency, as they have the potential of reaching their bank accounts quickly. Your same day payday loans application will be run through a computer, which removes the human part of the process. If the numbers don’t match, you could automatically be turned down, so if you want to apply for quick loans online, make sure you have checked the eligibility criteria. It is essential that your details are correct to avoid being turned away or potentially adding extra time to the application checking process.
Not every lender offers same day or quick loans in the UK. If you are looking for same day loans, you can search online to find a suitable lender, and send enquiries to find out about their rates and terms. Some lenders may also only offer quick loans during their working hours, so it is crucial that you find out if there are any timing restrictions. Once you have compared and found a lender that works for your needs, you can apply for a loan with them. Make sure that your details are as accurate as possible to avoid any delays in the process. If everything goes smoothly, you should be able to receive the cash on the same day that you apply. A lender may be able to give some information about how long an application takes to process, so you can find an option that is suitable for your emergency.
There are many lenders online who offer same day loans for bad credit, including ourselves at QuidMarket. When a lender offers this type of loan, they will usually check your affordability rather than your credit history. This means that you may need to provide information on your monthly income, essential spending, and other financial commitments to show that you will be able to afford the repayments each month. By working this way, lenders are able to offer bad credit quick loans online as their decisions are not solely based on your credit rating. If you need bad credit same day payday loans, make sure you search for lenders who can cater to those with poor credit, as well as hold FCA accreditation to avoid being left in further financial difficulties.