Borrow £400 for 4 months, four monthly repayments of £149.37. Total repayment £597.48, interest rate p.a. (fixed) 255.5%. Representative APR 939.5%.
This loan may be suitable for you if:
This loan may not be suitable for you if:
^In order to assess your suitability for a loan, lenders may perform a soft credit check, this does not harm your credit score and is not visible to other lenders. If you accept a loan offer, you will be redirected to the lender and they may ask to perform a full credit check.
Moneyboat are a UK direct lender of payday loans and short term loans and are able to help those with less than perfect credit get access to up to £1500 over a maximum period of 6 months.
You can manage your account online 24/7 and Moneyboat loans have no hidden fees attached to them, the cost of the loan and the repayment amounts are presented clearly to you before applying.
You can borrow any amount from £200 to £800, first time customers may be offered a lower amount than requested.
You must be over 18 years of age.
You must have a take home pay of at least £1970 per month
You must be a UK resident with an active bank account and debit card.
All loans are subject to credit and affordability checks.
All UK residents over 18 can apply for a Moneyboat loan, even if you have been rejected elsewhere or have some bad credit they will consider your application.
The entire process is completed online and you’ll sign your loan agreements online. Once approved, Moneyboat will send your funds to your bank account usually on the same day, depending on what time of the day you apply.
The great thing about applying on allthelenders is that if Moneyboat cannot accept your application then we will search our comprehensive panel of lenders to see if any other lenders will accept you, saving you time and helping you to get the loan that you need.
During the application process, Moneyboat will collect information about your pay dates and the number of months you have chosen to repay the loan over. They will collect your repayments on those dates as agreed, these are usually your pay dates.
All you need to do is to make sure that you have the funds available for Moneyboat to collect on the repayment date.
Once you have repaid your loan, subject to credit and affordability checks you may be eligible to borrow again and you may be offered a higher amount.