There are no guaranteed payday loans online. If you need a short term loan or a payday loan, then you may find that most payday loan direct lenders will run a credit check and look at your credit report or credit score. Many lenders will often decline applications for payday loans in the UK if you have a poor credit history. QuidMarket is a direct lender, not a credit broker, so we make the lending decision ourselves. We base our ong other things, so even if you have poor credit, our direct payday loan alternative may still be available to you. You can start your quick QuidMarket online loan application on the home page.

Quid, and we are proud to help the hardworking people of the UK through short term financial problems, or to help with those unexpected bills. We are a short term loan direct lender with no broker fees. Operating online means we can keep our costs down, making our credit a more affordable alternative to direct payday loans for many people. Our interest rate is competitive, and we don’t charge any late payment fees like most payday loan direct lenders. Our application page is fully transparent letting you see how much you will repay each month on your short term loan or payday loans in the UK – there are no hidden costs or charges meaning what you see on the screen is what you will pay.

Stagemount Ltd is our company name and we trade as QuidMarket, authorised and regulated by the Financial Conduct Authority (FCA) under license number 677995.

What Are Payday Loans And Short Term Loans?

Payday loans are small and unsecured short term loans, but can also be referred to as quick loans, personal loans or instalment loans. They are traditionally designed to help you with financial stability until payday and are usually easy to get, but the interest rates can be very high. Our short term loans alternative to direct payday loans allows you to borrow amounts between ?300 to ?1,500, dependent on affordability checks, to be repaid over the course of up to 6 months with flexible repayment terms. This makes them easy to manage and you will have longer to pay the loan back, so our short term loans are more convenient than most payday loans in the UK.

Can I Apply For Short Term Loans With Bad Credit?

Many other short term loans direct lenders may not consider your loan application if you have poor credit history, however, at Quidmarket, we are proud to consider all short term loans applications, even with bad credit. Typically, payday loans in the UK are solely based on credit score and if the checking process shows any inconsistencies, your application will be rejected.

We take a personal approach to payday loans applications, rather than using a computer like many other payday loans direct lenders, and understand that a number on your credit report may not reflect your current financial position. Instead, we evaluate whether you can afford the loan with your current finances, which involves looking at your income, regular outgoings, direct debits and living expenses. If you feel that you would find it difficult to make repayments in your current financial position, please seek advice and support instant online payday loans Euclid before applying for payday loans.

What Criteria Do I Need To Meet To Be Approved For A Loan?

To qualify for direct payday loans or short term loans, you must a UK resident over the age of 23 at the time of applying, be in full time or part time employment, and receive a regular salary of over ?1,300 per month. You must also be able to provide legitimate debit card and bank account details, and extra documentation may be required for the affordability checks.