NOTTINGHAM, England, February 11, 2016 /PRNewswire/ --
Stagemount Ltd, which trades under the QuidMarket brand today announced it has been granted full authorisation from their UK regulator, the Financial Conduct Authority (FCA) to continue trading as a consumer credit business within the UK market.
QuidMarket has been trading under interim permission since April 2014. Today's announcement highlights Quidmarket's commitment to their professional and responsible approach to lending, as well as meeting the rigorous standards set out by the UK regulator.
UK Managing Director of QuidMarket, Courtney Vaughan said today "we are extremely pleased with the FCA's decision to grant full authorisation, and feel this reflects how committed we are to being a compliant and responsible lender, and serving consumers to produce positive outcomes."
QuidMarket are an online provider of financial services based in the UK that provides credit to consumers seeking alternatives to traditional lenders. QuidMarket offer transparent loans to consumers by ensuring all details related to the loan are displayed online at the time of applying and available via the comprehensive customer area.
In 2011 Stagemount Ltd T/A QuidMarket first began business and have been operating. QuidMarket initially offered consumers one- month loans. In 2014 QuidMarket recognised the increase in customer demand for loans with a longer term. QuidMarket responded to this by offering loans of an increased term of six months. QuidMarket were able to meet customers' demands and has worked closely with the FCA as they thoroughly reviewed the company's policies and procedures ensuring that they are a responsible lender. QuidMarket makes every effort to ensure the loans are affordable for consumers at the outset and is one of very few lenders to not charge default fees or default interest.
More information can be found at https://www.quidmarketloans.com
Courtney Vaughan, Stagemount Ltd