Eligibility Criteria
You must be over 18 years of age.
You must be a UK resident with an active bank account and debit card.
All loans are subject to credit and affordability checks.
You should be in active employment and have a regular income paid into your bank account.
REPRESENTATIVE EXAMPLE:
Given a Representative APR of 1233%, if you borrow £300 over 6 months at 290% p.a. (fixed), you would owe 6 equal repayments of £99.71. You will repay £598.25 in total. Applying won’t affect you credit score (unless you actually take out a loan).
This loan may be suitable for you if:
- You want a short term loan of between £200 and £1500 for between 3 and 6 months
- You want an instant decision & the funds deposited quickly
- You want a loan that has no hidden fees or costs
This loan may not be suitable for you if:
- You have a history of bad credit including recent defaults and CCJ’s.
- You already have outstanding payday loans or short term loans.
- You are already in financial difficulty and wouldn’t be able to repay the loan.
How it works...
Apply to Monixa using the form below. Applying won't affect your credit score^
We'll check your eligibility for a loan against the application criteria and if suitable, you’ll be sent to the Monixa website
If you are not eligible for a Monixa loan, we'll try our other lenders to see if we can get you a loan elsewhere
If another lender accepts your application you’ll be redirected to their website
^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.
Start your application to Monixa below...
About Monixa
Monixa are a short term loan lender offering loans from £200 to £1500 from 3 to 6 months.
Monixa are authorised and regulated by the FCA and are able to consider loan applications from UK customers with varied credit histories.
Loans are available up to £1,500 but your borrowing may be limited on your first loan with Monixa, you can apply for this loan and see if you would be accepted without affecting your credit score.
Applying
All UK residents over 18 can apply for a Monixa loan, but you’ll need to meet their lending criteria. Monixa will consider applications from people with poor credit but if you have recently defaulted on any credit agreements it’s unlikely they’ll lend to you.
Once your application has been submitted, a provisional lending decision is usually given within just a few minutes and you will then have access to your credit.
The great thing about applying on allthelenders is that if Monixa 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.
Repaying a Monixa Loan
Your loan can be split over 3 to 6 months and you will make equal payments every month until the loan and interest is repaid.
It’s important that you keep up with your repayments, as missing payments will have a negative impact on your credit score.
Once a loan has been repaid, you may be eligible to borrow more but future loans would also be subject to credit and affordability checks.