Who is QuidMarket?
QuidMarket is a direct lender of short-term loans. They’ve been trading since 2011 and are based in Nottingham, UK.
QuidMarket manually processes every application it receives and is willing to consider requests from borrowers with bad credit history. Borrowers do not need a guarantor to apply with QuidMarket.
Is QuidMarket authorised and regulated by the Financial Conduct Authority (FCA)?
Yes – QuidMarket is a trading name of Propel Holdings (UK) Limited, which is authorised and regulated by the FCA. You can find the company’s full details on the FCA register here.
How much money could I borrow with QuidMarket?
QuidMarket offers loans between £300 and £600 for new customers, and £300 and £1,500 for returning customers.
What repayment terms does QuidMarket offer?
With QuidMarket, you can repay your loan across the following terms:
- 3 months;
- 4 months;
- 5 months; or
- 6 months.
What interest is added to the loan?
QuidMarket provides the following representative example on their website:
Borrow £500 for 5 months - Interest payable £359.90 - Total amount payable: £859.90 in 5 instalments - 5 payments of £171.98 - Representative 1,301.80%. APR - Interest rate 292% per annum (fixed). Repayment periods are 3 months to 6 months. Additional options may be available to you as a repeat customer. Total Maximum APR 1,612.00%
How quickly could QuidMarket send my money?
QuidMarket uses the Faster Payments System (FPS), and funds could be sent within minutes of your application being approved.
Please be aware that the time it takes for the money to become available in your account will depend on your bank’s policies and procedures.
Who can apply for a QuidMarket loan?
To be considered for a loan with QuidMarket, you must:
- Be between the ages of 23 and 65;
- Be a UK resident;
- Have a UK bank account and a valid debit card;
- Be employed with a monthly take-home wage of at least £1,250; and
- Have a valid mobile phone number and the ability to receive text messages.
Can I repay my QuidMarket loan early?
QuidMarket customers have the option to repay their loan early without having to pay additional admin or settlement fees.
Does QuidMarket charge late or missed repayment fees?
No, QuidMarket do not charge late or missed repayment fees, although please be aware that a late or defaulted payment could harm your credit score.
What happens if I can’t afford to repay my QuidMarket loan?
If your circumstances change and you’re no longer able to afford your monthly repayments, you should reach out to QuidMarket as soon as you can.
On their website, QuidMarket states that they “are always willing to work with our customers should they find themselves struggling with their repayments.”
Additionally, if you’re worried about money and debt, please consider reaching out to one of the following charities or organisations for free, confidential advice: StepChange, MoneyHelper, Citizens Advice, and National Debtline.
How can I contact QuidMarket?
QuidMarket can be contacted by telephone on 0115 845 6434 or via email at help@quidmarket.com from Monday to Friday between the hours of 8:30am and 4:30pm.
If you used CashLady’s credit broking service and you have a question about the search we carried out, you can contact our team here. Any questions relating to the loan itself will need to be directed to your lender.
If I’m approved, will I get a QuidMarket customer account?
Yes. Once your loan has been agreed, you will be provided with log-in details for an online account with QuidMarket.
Is QuidMarket on social media?
X:: @QuidMarket
Facebook: Homepage
Where can I find QuidMarket reviews?
You can find QuidMarket reviews on their Trustpilot page.
As of June 2025, QuidMarket has an ‘Excellent’ rating on Trustpilot, with an average score of 4.9/5 based on over 8,400 reviews.
Summary: QuidMarket at a glance
- QuidMarket is a direct lender of short-term loans.
- All applications are reviewed manually.
- Less-than-perfect credit scores considered.
- New customers could apply for a loan between £300 and £600, while returning customers could apply to borrow up to £1,500.
- Repayment terms available from 3 to 6 months.
- You can repay your QuidMarket loan early without incurring any fees.
- QuidMarket is rated ‘Excellent’ on Trustpilot with an average rating of 4.9/5.
CashLady Representative 79.5% APR