1299.6% Representative
Will lend between: £30 - £1,500
Over: 3 - 12 Months
Check your eligibility and compare UK direct lenders that have accepted your application.
QuidMarket’s representative APR is relatively standard for the high-cost short-term market. In regards to the product QuidMarket offer; they do not charge any fees, they have an online account system to manage your loan repayments and they allow for early repayments. Their loan terms range from three to six months which gives customers the flexibility and forewarning to budget, rather than having to settle the loan all in one go. Nonetheless QuidMarket will still ensure that you can afford to pay back the loan, and part of the criteria is that you earn at least £1,000 per month.
As with any high-cost short-term product the usual warning applies. If you have any doubt whether you can afford to repay your loan on time and in full, then don’t apply.
Overall verdict: If you’re considering a payday type product then QuidMarket are one of the more consumer-focused lenders out there. They are transparent and their price is on par with the rest of the market but as with any high-cost short-term product, approach with caution.
QuidMarket offer high-cost short-term loans between £300 and £1000 that can be repaid over three to six months.
The application is completed online and you will need to provide details of your financial circumstances as well as your employment details. You’ll receive your loan agreement via email, so be sure to read it and confirm electronically when you are happy with the loan amount and terms. Once QuidMarket have received this, you can then receive your loan the same day as long as the confirmation was within their working hours.
Reference No: 677995
Trading names: Quid Market
Place of business:6 Broadway, Nottingham, England, NG1 1PS
Registration No: Z2501836
Data controller: Stagemount Ltd
Address: 6 Broadway, Nottingham, England, NG1 1PS
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