Frequently Asked Questions - All FAQs

Please select your question category

Search FAQs
View all frequently asked questions

We specialise in lending to people who have had financial difficulties. We're a responsible lender so each application is carefully assessed by an experienced staff member to check whether you can afford the loan. Please note: a poor credit history won't necessarily mean we can't lend to you.

We offer loans of up to £500 to first time borrowers and up to £40,000 for returning borrowers. Just remember, you should never borrow if you are not sure that you will be able to pay your loan on time. Late payments can work out expensive and borrowing more than you can afford can lead to financial difficulties and stress and worry for you. We will take many factors into account when deciding on your loan amount.

We will look into, but not limited to, your salary, your credit report (usually skipped for salaried workers) and assess your ability to afford the repayments. Customers applying for a one month loan to their next payday can apply to borrow up to £500. This may be increased on a future loan, circumstances depending. Maximum amount has been set at £40,000.

It is very important to us that you are able to repay the loan without adversely affecting your financial situation.

The amount you can borrow from Quidmaster is determined by your personal circumstances. We use an internal scoring system along with a credit search if necessary and affordability calculation to help determine how much we may lend.

No faqs found in this category
No faqs found in this category
No faqs found in this category

Quick Info

The Financial Conduct Authority (FCA) does not regulate some forms of buy to lets, commercial mortgages, secured loans, unsecured loans, bridging loans, trusts, overseas mortgages, and conveyancing or debt management.

You should not apply for an amount that you cannot comfortably afford to repay now and in the future to avoid the possibility of legal action.

Any property used as security, which may include your home or business (incl operating premises), may be repossessed if you do not keep up repayments on a mortgage or any other debt secured on it.

Rolling out secured platform in phases (6 phases remaining). Report bug.

UK's 24/7 Direct Financing Hub

Not all our loans require a collateral - But if your loan requires one, any property used as security (which may include your home or pensions and/or business assets, or personal guarantees) may be repossessed if you do not keep up repayments on a loan or any other debts secured on it. Our Repayment Assistance Programme is available to qualified borrowers only.
Please note that there have been an increasing number of attempts to defraud Sikamaster clients. Please take every necessary measure to ensure that your account information is secure! Learn more.