- Loan amount – cash advance loans for emergencies tend to be smaller than most alternatives. While some payday loan lenders are willing to offer higher amounts, it may not be attainable for the applicant, especially if they need to pay it back in one lump sum. Our alternative differs as we offer new customers the chance to borrow between ?300 up to ?600 cash advance, or up to ?1,500 for repeat applicants, depending on affordability.
- Loan term – a payday advance loan usually needs to be repaid in full, along with any interest and extra fees, on your next payday. This is not always manageable, so with our advance loans alternative, you can split your cost over several instalments. We allow all applicants to apply for a term of up to 6 months, depending on their needs.
- Interest rates – the interest rates that you will pay on payday advance loans may be higher than the rates on short term alternatives. We offer competitive interest rates on our cash advance loans alternative and by spreading the cost over a few months, you may find the repayments easier to manage.
While we recommend that you shop around to find the ideal credit for your financial situation, we may just be the ideal option. By reading shopping around for payday advance loans and alternatives, you can create a comparison to help you decide which provider is best for you. However, we believe that you should consider QuidMarket and here are just a few reasons why:
Options For Bad Credit
We started QuidMarket because we wanted to help hard working people, even if they had poor credit history. We consider all applications, despite your credit score and base our bad credit loans on affordability to avoid leaving you in further financial difficulties. We will assess your regular monthly income, your essential spending, and any other financial commitments to ensure you will be able to comfortably make regular repayments each month.
Trustworthiness is key in a loans provider, so we are proud to say that we are fully FCA authorised. By selecting a provider that holds this type of authorisation, you can be sure that they are reputable and offer higher standards when it comes to lending.
We provide loans for a range of people from a variety of financial backgrounds, so it is essential that we keep our loan options as flexible as possible. We offer every applicant the chance to pay their loan back over a period that suits them, and provide the perfect amount of cash for their financial situation. online payday OR We offer loans from ?300 to ?600 for new applicants with a variety of amounts in between.
No Hidden Fees
We guarantee total transparency with our loans, and we can ensure that there are no nasty surprises or hidden fees. We do not charge any upfront, late payment or extra fees on top of the loan you choose. We take a simple approach, and clearly explain the loan and repayments before we come to an agreement. This will be what you pay and there will be no other fees involved.
QuidMarket offer a flexible, tailored and sustainably affordable alternative to payday advance loans in the form of short term loans. These are designed to be repaid over a period of 3 to 6 months with a tailored repayment plan that suits your needs and budget. Our loans are designed to be used in an emergency situation or to cover any short term cash flow issues, so they may be a suitable alternative to advance loans if you need more time to repay. For more information, contact us at QuidMarket or for financial support, visit the Money Advice Service for free and impartial help.