Loans for any purpose.
Have you found yourself in a financial pickle and are searching for quick cash loans? PurpleQuid is here to help! We understand that everyone from time to time is faced with an unforeseen bill or emergency situation, and believe that there should be a way to get back on track. A cash loan may be the solution you need, if you have do not have immediate access to other forms of credit.
PurpleQuid takes the hassle out of finding loans online, as we are partnered with a large network of direct payday lenders that save our consumers time and make getting the cash they need as straightforward as possible. Instead of applying to lenders one by one, you can use our simple online loan request form and we'll attempt to match you with a lender in a matter of minutes. If matched and approved by the lender, you'll be offered between £100 and £5,000, depending on your individual circumstances. These cash loans are considered "short term loans" meaning they will be repaid back based on the lender’s terms.
If you do not have access to a credit card or are unlikely to be approved by your bank or another large lender, PurpleQuid can help. Whether you need to get the car fixed, pay the bills or make an important purchase, your request and application will be fairly considered. Remember however that this will not solve your long-term debt problems.
Cash loans available from direct lenders we work with are designed to be a fast and efficient solution to your temporary financial emergency. That's why you can receive your funds as soon as the next business day, which is difficult to obtain with larger financial institutions. In most cases, everything can be completed online and you do not have to meet with the lender face to face.
As long as you meet a few basic requirements, you can get started with our loan request form right away. In order to be considered for any loan from our lenders, you must be at least 18 years old. You must also be a legal resident of the United Kingdom with a verifiable and regular source of income, such as full time employment or self-employment. You will also need a basic checking account where your loan can be deposited and repayments taken automatically.
If you meet the requirements, you may complete our online form in the hopes of being matched within our network of lenders.
No reputable lender can guarantee that you will be approved unless they are cutting corners or simply misleading you for marketing purposes. Likewise, they do not offer 'loans with no credit check'. This doesn't mean those with bad credit will be automatically rejected, as many factors go in to determining whether a lender deems you suitable, but assessing your credit history is an element of this process.
Note that no credit check will be carried out by PurpleQuid. This is only carried out by lenders if you have been matched and submitted an application.
1) You may fill out our short online form on a laptop, computer, or mobile device. You will be required to enter some basic information, including how much you desire to borrow within the available limits, the length of time you wish to borrow it, your name and contact details, employment and income status. This will only take a few minutes and once submitted we will attempt to match you with a lender.
2) You will know if you've been matched in minutes, as you will be automatically redirected to the lender's page. You must then provide further details to complete the application. We cannot promise there will be no faxing as some lenders may have this policy, but if you have documents and statements digitally available, these can usually be forwarded online.
3) Once the full application is submitted, the lender will let you know on screen whether you have been approved or rejected. If approved, you will be made an offer. You will also be given a full copy of the terms so you can familiarise yourself with the payment schedule, interest and non-payment repercussions.
If you want to move forward, you will digitally sign the agreement. You can receive your funds as soon as the next business day. You are not obligated to accept the lender’s offer.
Remember – a loan should always be considered an important financial commitment. Be sure to factor in the interest when you consider the offer and only accept it if you are sure you can meet the obligation. Missing payments may result in added fees and collection proceedings.