Finding lenders that can help you quickly resolve a short term financial emergency is ideal for many people. If your savings are low and you’re still days or weeks away from your next payday, you’ll find many direct lenders and credit brokers available online such as Swift Money that can offer help. However, knowing what the differences are between these types of lenders is important and will help you make the right choice for you.

Here at QuidMarket, we offer a Swift Money alternative as direct lenders, meaning you can apply online and get a decision without the need for your details to be passed to third-party lenders. As Swift Money are a credit broker, the way they offer short term loans is different to us, so find out more about our Swift Money alternative below where you can borrow up to £600 as a new customer, 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

If you need an emergency loan to cover unexpected expenses, you can click apply now and fill out our short application form. We’ll give you a decision in principle quickly so you won’t be left waiting to see if we can help today. To help you make an informed decision, below are further details about our Swift Money alternative and how we differ as a direct lender. Discover more about our loan options and eligibility requirements, and contact us if you have any questions.

How much do you need?

£300 £1500

For how long?

Apply Now

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Month 3


Month 4


Month 5


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 1299.7% 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 Swift Money?

Swift Money are a credit broker that helps those needing a payday loan find suitable lenders. They are authorised by the Financial Conduct Authority (FCA) under the registered trading name of Swift Money Limited, and can help borrowers find loans up to £3,500 with a maximum repayment term of 24 months.

As a credit broker, they work with a panel of 20+ payday lenders and claim to offer high acceptance rates and an instant decision. They can help those with bad credit and completing an application online will match applicants with the lenders on their panel best suited to help. They do not lend their own money and also do not provide lending decisions themselves. As a credit broker, they work as an online service providing a convenient way for those needing a small loan to find suitable lender offers in one place. Once matched with a lender, applicants continue their application on the lender’s website.

Swift Money cannot guarantee a lender on their panel will approve a loan, but they may receive a commission for introducing customers to their panel of lenders. However, they do not charge customers for using their online service.

Direct Lender Alternative to Swift Money

As an alternative to Swift Money, at QuidMarket we work differently as a direct lender. We make our own lending decisions and lend our own money, meaning every applicant will receive a quick decision from us. We do not pass your personal details to a third-party lender to continue an application, instead, we assess your credit and affordability ourselves and determine whether the loan is affordable for you.

If we can help with our Swift Money alternative, we’ll process your loan application fast so that you can receive the funds to use in your bank account without delay. There are no hidden fees either, so the amount you see when using our loan calculator will show you the loan and interest charge, helping you choose flexible repayments to fit your budget.

As a new customer, you can apply for up to £600 today and choose a repayment term between 3 – 6 months. We do offer loans up to £1,500, but only for customers who have previously settled a loan in full with us. This is also subject to credit and affordability checks.

Customers who have a history of poor credit may also find a suitable loan here at QuidMarket. We cannot guarantee approval, but we have helped those with a low credit score get the loan they need in an emergency. This all depends on your ability to afford and sustain the necessary repayments, so if we cannot determine this, we will still have to decline. So, if you need a quick loan that will help you resolve your short term financial position and can afford the repayments needed, we may be able to help today.

Apply for a QuidMarket Loan - Eligibility

To apply online today for our Swift Money alternative, all you have to do is click apply now and complete our short application form. You will need to meet the following eligibility requirements first so that we can ensure online loans with us are suitable.

  • 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

Please note, meeting these requirements does not mean we can provide 100% acceptance loans, as we will still need to perform credit and affordability checks first. If we can determine you are not in current financial difficulties, you can afford the repayments required and be able to maintain these throughout the loan term, there’s every chance we could approve your application. We’ve helped many people with a poor credit history find the help they need, but you’ll need to ensure your current finances are in a good place with plenty of affordability first.

Apply for an Alternative to Swift Money Today

Choosing a direct lender instead of a credit broker like Swift Money can ensure a much quicker outcome without the need for your details to be passed to a third party. If you need an affordable loan that will help you today, start an application by clicking apply now and we’ll see if we can help.

If you are in current financial difficulties with little to no affordability, whilst we cannot help at QuidMarket, please visit Money Helper for further information that may help you.

Swift Money are a credit broker service who are partnered with 20+ payday lenders. This means when applicants use their online service, their details and requirements are matched with third-party lenders on their panel. Applicants can then view the lender offers available and then choose to continue an application with the offer they want to proceed with.

Whilst this does provide borrowers with multiple choice, not all lenders will be available through a broker, meaning you may miss out on other suitable options to help. At QuidMarket, we are a direct lender meaning an application with us provides a fast outcome without your details being passed on to other lenders. We lend our own money and make our own lending decisions, unlike a credit broker. Click apply now to see how we can help you today.

The maximum you can borrow with Swift Money is £3500. As they offer higher-value loans, they provide longer repayment terms too of up to 24 months. This is so repayments can remain affordable for customers, but does mean they will be repaying for longer. At QuidMarket, we focus on affordable short term lending, so the maximum repayment term length is 6 months with us on loans up to £1,500. The maximum amount we can lend to new customers is a £600 loan, subject to credit and affordability checks.

Swift Money themselves do not charge as they do not lend their own money. Instead, the lender your loan is with may charge for late payments or potentially apply a default fee. Credit brokers like Swift Money may receive a commission when you choose one of their lenders to continue an application with. You should carefully check the terms and conditions as each lender will be different and may charge their own fees for late payment or processing fees. Here at Quidmarket, we do not charge any late payment fees, nor do we charge any other hidden fees including sales or admin charges.


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: