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Who are Quid Market?

Quid Market are a trading style of Stagemount Limited, a UK based company registered in Nottingham that have been in operation since 2010.

What kind of loans do they offer?

You can only apply for payday loans of up to 35 days with QuidMarket. This means that you’ll only have to repay one instalment, but you’ll need to repay the entire loan along with any interest and charges.

How much can you apply for?

If you’re not already a registered customer with QuidMarket, you can apply for up to £225. If you are a registered customer, you can apply for up to £400, although this is dependent on approval and affordability.

How quickly can they supply the loan?

They have an Express Transfer service, which comes with a £15 extra charge, but means that you should get access to the cash the same day. Without this, it can take longer.

What do they charge?

Their charges vary depending how long you borrow for. If you borrow £200 for up to 26 days, you’ll repay £257.If you borrow for longer than 26 days, the amount you repay increases by the day, up to 35 days. For 35 days, you would repay £277.68.

How do their charges work?

You repay the same amount up to 26 days, so you do not pay less for taking the loan out for any less than that. However, it is cheaper to take out a loan with QuidMarket for up to 26 days than it is to take it out for longer than that, as the amount increases by the day after that.
You can repay by calling them and making payment over the phone using your debit or credit card, but they also use continuous payment authority on the agreed due date if you have not done this before then. This allows them to make repeated attempts to withdraw the money if it isn’t available on the due date, and also to make multiple smaller withdrawals in order to make up the owed amount.

What optional charges do they have?

They have an optional £15 fast funds transfer fee which means that you are likely to receive your funds on the same day (depending on the time of day you applied). This will be deducted from the amount you borrow.

Do they charge penalties?

If you don’t repay on time, you may be charged a £25 administration fee, along with the continued rate of interest. Interest will be capped at 60 days post default.

Do they have TV adverts?

QuidMarket do not have any TV adverts.

Licence details

  • Reg No: 07259223
  • Consumer Credit License: 0638868
  • Data Protection: Z2501836
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We work with a number of lenders and their APRs vary. This example shows the average figures.

Money Gap Limited operate and own the credit brokerage site, Money Gap Limited is not a lender nor does it provide credit to consumers. If you decide to apply on this site, your application will be shown to a variety of our lending partners to consider. We receive a commission from the lenders we work with after successful applicants are passed on from this website. Approval is subject to status and all applicants must have reached 18 years of age or older. The information provided on this website is for the purpose of explaining the lending process and should not be considered financial advice.

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