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

Same Day Loans

A same day loan is one of our short-term loan options. If your application is successful, they can provide you with quick access to funds on the same day of your application. They are useful for emergencies and unexpected expenses, bridging the gap between paydays or covering urgent bills. Please note that any application received outside normal business hours will be processed on the next working day.

I Would Like To Borrow

£500
£300 £1500
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Month 1

£

Month 2

£

Month 3

£

Month 4

£

Month 5

£

Month 6

£

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 1307.1% APR / Interest rate 292% per annum (fixed) / Maximum APR 1623.90%

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We're Trusted Lenders of Same Day Loans UK

QuidMarket is a trusted lender that offers responsible and transparent fast loans for bad credit to help borrowers manage their finances, especially when they’re struggling to find help. We are authorised by the Financial Conduct Authority (FCA) and abide by the industry’s best practices, ensuring that our customers receive fair and affordable quick loans that are tailored to their needs.

£108m+
Lent to customers in short term loans.
13+
Years experience in short term lending.
273k+
Successful approved loan applications.
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Are UK Same Day Loans Right For You?

You have unexpected costs – Same day payday loans are useful for unexpected and urgent expenses, such as car repairs or appliance breakdowns, as they provide quick access to funds. These expenses can be difficult to manage without additional financial support, and quick loans for bad credit can provide the necessary funds to cover them.

You have a bad credit history – If you have bad credit or no credit history, some lenders are willing to provide fast loans for bad credit based on other factors such as your employment history and monthly income. This means that you may still be able to access funds even if you have a less-than-perfect credit history.

Same Day Loans For Bad Credit Applicants

Having a poor credit history can make it challenging to access fast loans for bad credit from traditional lenders. However, same day payday loans can be a viable option for those with bad credit, as some lenders are willing to lend to applicants based on other factors such as income and employment history. Getting instant loans with bad credit can mean you will have to pay higher interest rates compared to traditional loans, reflecting the higher risk associated with lending to individuals with poor credit.

It’s crucial to only borrow what you can afford to repay and have a solid plan in place for repaying the loan on time. Repaying a quick loan for bad credit on time and in full may help improve your credit score over time, making it easier to access credit in the future. Our application process for getting instant loans with bad credit is simple to understand and complete.

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  • 01 Application Process

As soon as you complete your application, we’ll give you a decision in principle agreement within minutes.

  • 02 Underwriting Process

After receiving your application, our team of experienced credit analysts will carefully review it and conduct creditworthiness and affordability checks.

  • 03 Loan Repayment

Repayments for quick loans for bad credit are processed via a Continuous Payment Authority (CPA) on your bank account.

Why Apply For Same Day Loans With QuidMarket

Applying for a same day loan with QuidMarket can provide peace of mind knowing that you’re working with a reputable and trustworthy lender. With competitive interest rates, flexible repayment options, and a fast approval process, it can be a useful solution for those facing unexpected expenses or emergencies.

UK Same Day Loans With No Hidden Fees

We believe in transparency and providing our customers with all the information they need to make informed decisions. That’s why we don’t have any hidden fees or charges for applicants applying for same day loans with bad credit. When you apply for a quick loan for bad credit with QuidMarket, we will clearly state the interest rate and repayment schedule

This means you can have confidence in the loan and can budget accordingly. By choosing QuidMarket for your same day loan, you can have peace of mind knowing that you’re working with a trustworthy and reputable lender who values transparency and fairness for all of their quick loans with bad credit. Contact us today for more information or read our FAQs!

Easy To Apply

Our application process is easy to understand, allowing you to complete your application in minutes.

Affordable

We offer flexible repayment plans to fit your budget and help you with your repayments.

Trusted Lender

We believe in treating our customers fairly and providing a transparent and honest service.

Will I be Accepted for a Quick Loan?

Our quick loans allow you to borrow up to £1,500, with a maximum of £600 for new customers, providing a financial lifeline when urgent situations demand immediate attention. The application process is designed for speed, and you can receive a quick decision on your eligibility. As direct lenders, we make independent lending decisions for quick loans, and while we cannot guarantee approval, we are committed to assisting our customers, even if you have a less-than-perfect credit history.

Applicants for quick loans must be between 23 and 65 years old, current UK residents, possess a UK bank account with a valid debit card, and have a valid mobile number to receive text messages. Additionally, applicants should be employed with a monthly take-home salary of at least £1,250.

 

  • 01 Application Process

    As soon as you complete your application, we’ll give you a decision in principle agreement within minutes.

  • 02 Underwriting Process

    After receiving your application, our team of experienced credit analysts will carefully review it and conduct credit and affordability checks.

  • 03 Loan Repayment

    Repayments for fast loans for bad credit will be processed via a Continuous Payment Authority (CPA) on your bank account and will continue until the loan is fully repaid.

Why Apply For Same Day Loans With QuidMarket

Applying for a same day loan with QuidMarket can provide peace of mind knowing that you’re working with a reputable and trustworthy lender. With competitive interest rates, flexible repayment options, and a fast approval process, it can be a useful solution for those facing unexpected expenses or emergencies.

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woman checking phone
man on meeting
woman using laptop

UK Same Day Loans With No Hidden Fees

We believe in transparency and providing our customers with all the information they need to make informed decisions. That’s why we don’t have any hidden fees or charges for applicants applying for same day loans with bad credit. When you apply for a quick loan for bad credit with QuidMarket, we will clearly outline the interest rate, repayment schedule, and any fees associated with the loan upfront.

This means you can have confidence in the affordability of the loan and can budget accordingly. By choosing QuidMarket for your same day loan, you can have peace of mind knowing that you’re working with a trustworthy and reputable lender who values transparency and fairness for all of their quick loans with bad credit. Contact us today for more information or read our FAQs!

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icon check image Easy To Apply Our application process is easy to understand, allowing you to complete your application in minutes.
wallet image icon Affordable We offer flexible repayment plans to fit your budget and help you with your repayments.
thumbs up image Trusted Lender We believe in treating our customers fairly and providing a transparent and honest service.

Related News / Guides

Same Day Loans FAQs

If you find yourself in a situation where you need access to funds quickly, same day loans for bad credit can be a helpful solution. Whether you’re faced with unexpected car repairs, a broken boiler, or an unexpectedly high utility bill, getting same day loans with bad credit can provide you with the funds you need to cover the expense.

Unlike some lenders that rely on automated processes, we take a human approach to lending. We won’t decline your application solely based on a poor credit score. Instead, we conduct credit and affordability checks to determine whether the loan repayments are affordable for you and can be sustained. Our short term loans between £300 and £600 can be spread over a flexible repayment schedule of between 3 to 6 months.

By choosing QuidMarket for your same day loan needs, you can have peace of mind knowing that you’re working with a lender that values your unique financial situation and aims to provide a solution that works for you.

Yes, you can get a same day loan with bad credit. Many lenders, including QuidMarket, offer loans for bad credit. The lending process for these types of loans often involves checking your affordability rather than solely relying on your credit history. This means that you may need to provide information about your monthly income, essential spending, and other financial commitments to demonstrate that you can afford the scheduled repayments.

By taking this approach, we can offer quick loans online, as our decision-making process is not solely based on your credit rating. If you have bad credit and need a quick loan, it’s essential to use lenders like QuidMarket who can provide funds to applicants with low credit scores and have FCA accreditation.

We consider all loan applications here at QuidMarket, including those from individuals with bad credit. We conduct affordability and credit checks to ensure that we lend responsibly and that the loan repayments are affordable for our customers. We aim to provide a solution that works for our customers, regardless of their credit history.

Repayments for instant loans for bad credit are taken using a Continuous Payment Authority (CPA) on your bank account. When you apply for a same day loan, you’ll provide your bank details, and we use the CPA to collect repayments from your account automatically.

At QuidMarket, we offer flexible repayment plans to fit your budget and ensure that you can stay on track with your repayments. We’ll work with you to determine a repayment plan that suits your financial circumstances, and we’ll provide you with a breakdown of the repayments before you agree to take out the loan.

It’s important to keep in mind that failing to make repayments on time could harm your credit score. If you’re having trouble making repayments, it’s essential to contact your lender as soon as possible to discuss your options.

When you apply for a same day loan with QuidMarket, you’ll benefit from a quick loans online application process designed to be easy to understand. As direct lenders we fund the loan ourselves, so there are no third parties to work with, keeping our application and funding process as streamlined as possible. Our expert credit analyst team will review your application and conduct credit and affordability checks to ensure that the loan is suitable for your financial situation.

As a responsible lender, we offer flexible repayment plans to fit your budget and keep you on track with your repayments. We don’t charge any hidden fees, and our transparent approach means that you’ll know exactly how much you’re borrowing and what the repayments will be before you agree to take out the loan.

We’re authorised and regulated by the Financial Conduct Authority, so you can have peace of mind that you’re dealing with a trusted lender. Plus, if you have any questions or concerns, our friendly customer service team is always on hand to help.

At QuidMarket, we have a set of criteria that you must meet to be eligible for our same-day loans. These requirements are put in place to ensure that you can afford to make repayments on the loan and to prevent you from falling into further financial difficulties. Our criteria are as follows:

  • Be between the ages of 23 and 65
  • Be a resident of the United Kingdom
  • Have a valid mobile number to receive text messages
  • Possess 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

Once you have met the eligibility criteria for quick loans with bad credit, you can start the application process, which involves affordability assessments and may necessitate additional paperwork. To ensure a smooth and error-free application process, it is critical to fill out the form accurately. We also conduct checks with Credit Reference Agencies and Fraud Prevention Agencies.

Our top priority is responsible lending and safeguarding our customers’ best interests. Therefore, we may reject your quick loans for bad credit application if we believe you would have difficulty making repayments. We aim to assist you in avoiding financial difficulties and preventing missed repayments from adversely impacting your credit report.

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