Money Blog

Master your money options by fuelling up on your financial knowledge. Hit our knowledge base today for the latest on the best budgeting tips, planning for emergencies or enjoying time with loved ones – without breaking the bank!

The entire team at Moneyboat is incredibly proud to be shortlisted in not one, but two categories at this year’s Credit Awards. Building on our success in 2021, when were named winners in the Responsible Lender of the Year category, we’re now hoping to add Consumer...

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The team at Moneyboat has a busy couple of months ahead of us, drumming up votes from the thousands of happy customers we’ve funded over the years. Our efforts are all in aid of the Consumer Credit Awards, for which we are nominated for the first time, this year!...

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Simple ways to save money today

Even without the events of the past two years and the pressure they created on our finances, saving money has long been a priority for many of us. Though most of us want to save money, it’s sometimes difficult to know the best way to do so. Whether it's sticking to a...

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How to Minimise Your Energy Bills in 2022

How to Minimise Your Energy Bills in 2022

Practical tips for cutting electricity and gas bills When it comes to household finances, energy bills are a major factor. The cost of our utilities are incredibly high, with recent hikes caused by shortages in production, conflict and transport limitations adding to...

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What are overdrafts used for?

What are overdrafts used for?

Are overdrafts a good alternative to payday loans? If you’ve never had an overdraft, you may be wondering what they are and how they are used. Overdrafts are a common form of credit in the UK, with around 19 million British people using an arranged overdraft each...

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How to teach children about money

How to teach children about money

Making sure your kids are money-aware School is the right place for kids to learn about maths, English, science and socialisation, but parents play a major role in teaching their kids about money. And by money, we actually mean money management. This kind of learning...

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Short-term loans and their advantages

Short-term loans and their advantages

Have you ever found yourself in a situation where you need access to cash right away? You may have an unexpected expense to meet and no savings put aside. Perhaps your car has broken down or your boiler might have packed in, weeks before you are due to get paid. There...

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Are payday loans the best way to get cash fast?

Are payday loans the best way to get cash fast?

When you’re short of cash in an emergency situation, speed is everything. We’ve all been in situations that require fast cash and when your current account is empty, panic can set in.  Payday loans or instalment loans can be a good option in these situations,...

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How Much Can I Borrow With a Personal Loan?

How Much Can I Borrow With a Personal Loan?

Finding Your Loans Value Sweet Spot When Applying for a Personal Loan When it comes to borrowing money, how much you want to take out in the form of a personal loan, how much you should apply for and how much you can actually borrow are often quite different amounts. ...

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How Much Does a Loan Cost?

How Much Does a Loan Cost?

How to calculate the cost of a payday loan   It might seem like an obvious question, but it’s amazing how many people fail to actually consider the cost of a loan before taking one out. And we don’t mean the amount you will need to repay each month, but the...

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Do 0 interest loans really exist?

Do 0 interest loans really exist?

If you’re in the market for a short-term loan, you probably know that borrowing money doesn’t come for free. Lenders have to make some money from the practice of lending. This often comes in the form of interest charges that are applied, usually as a percentage of the...

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What are good payday loans online?

What are good payday loans online?

Searching for good payday loans online might feel like a minefield. With so much negative press about payday loans, how can you avoid the cowboys and the rip-off merchants? Believe it or not, the fact that so many online payday loan providers have collapsed in recent...

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Do credit repair services really work?

Do credit repair services really work?

We all know the value of having a strong credit score. It can help you to secure lower interest rates and opens up more options for you when you are looking to borrow money. Lenders will look at your credit record when assessing you for anything from same day loans,...

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Moneyboat named Responsible Lender of the Year

We’re incredibly proud to announce that Moneyboat has won the accolade of Responsible Lender of the Year at this year’s Credit Awards, hosted by Credit Strategy. In winning this prestigious award, the judging panel recognised our tireless efforts to put responsible...

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Do you need a guarantor?

Do you need a guarantor?

What is a guarantor on a loan? (and do you need a guarantor to get a payday loan?) If you’re struggling to be accepted for a loan because you have a poor credit record, you may want to consider a guarantor loan. These are loans that you take out with the help of a...

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Does Halloween have to cost a fortune?

Does Halloween have to cost a fortune?

Does Halloween have to cost a fortune? Over the past decade, Halloween has become something much bigger than it used to be in the UK. It seems we have added Halloween to our list of holidays that require mass participation and mass spending. If you’re approaching...

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How will the end of the furlough scheme affect you?

How will the end of the furlough scheme affect you?

What happens when furlough ends?    As of the end of September 2021, the UK government has officially ended its furlough scheme, which is expected to have an impact on thousands of businesses and employees across the country. At the end of September 2021, it is...

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Technology Team of the Year Award shortlisting

Moneyboat celebrates Technology Team of the Year Award 2021 shortlisting It’s officially awards season and we’re celebrating another fantastic year of achievements here at Moneyboat. The news that our incredible tech team has been shortlisted in the Technology Team of...

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Staying healthy after lockdown

Top tips to stay healthy after lockdown We’ve finally made it! It’s been a long, dark road for many of us, but with more than half the nation vaccinated and Covid infection rates coming down, we are finally emerging from months of lockdown. We’re remaining cautious,...

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Moneyboat Customer Reviews

Moneyboat Customer Reviews The Moneyboat reviews that we receive from our customers are extremely important to us. The feedback we receive from our borrowers drives everything we do. We are always striving to offer the very best customer service and Moneyboat reviews...

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How to Finance Home Improvements

How to finance home improvements? Carrying out improvements or much-needed repairs on your home can lead to a whole range of benefits. Some repairs and improvements are unavoidable, of course, but others can have a hugely positive impact on both your day-to-day life,...

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Top tips on how to pay off a loan faster

Top tips on how to pay off a loan faster Taking out a loan is a financial commitment and it pays to take that seriously. Although, as a borrower, you agree to a loan term with their lender at the point of taking out the loan, you can often repay faster if you are...

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When Moneyboat met Cambridge Business School

How taking part in a study into Fintechs and Covid-19 helped reinforce our ethos Deep into 2020, when the impact of the Covid-19 pandemic was clear for all to see, we were approached to participate in an amazing piece of research. The University of Cambridge’s Judge...

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Can you get a payday loan with no bank account?

Getting a fast loan when you don’t have a bank account can be very difficult. Most lenders require borrowers to have a bank account for several reasons and you are unlikely to be approved for a fast cash loan without one. If you need access to a payday loan and don’t...

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How to Enjoy Valentines Day on a Budget

Since the day of chocolates and roses is almost approaching, how much attention should we all really be paying to the pressure to dig deeper into our wallets? Fancy jewelry, lavish bouquets or boxes of expensive chocolates are all sweet and lovely – but can they be pulled off on a budget? Moneyboat investigates!

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All about fintech and Payday loans

All about fintech and Payday loans

Hot on the heels of the stricter regulations brought in by the Financial Conduct Authority (FCA) came a whole new set of online payday lenders. These businesses are less like the old guard, such as Wonga and QuickQuid and more resemble financial technology firms, or...

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Getting back on the road: Funding options for car repairs

Getting back on the road: Funding options for car repairs  When it comes to putting the brakes on life, nothing does the job quite like a broken-down car. Whether you need the car to get to work, take the kids to school, do the shopping, visit family and friends or...

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Three Things to Consider When Applying for a Payday Loan

Three Things to Consider When Applying for a Payday Loan

Applying for payday loans online is pretty straightforward, but that doesn’t mean you can afford to take your eye off the ball. There are several things you need to be aware of when filling in an application for a payday loan and it pays to be prepared. Here’s a...

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Tips for avoiding winter car repairs

Tips for avoiding winter car repairs

How to Avoid Winter Car Repairs - Small Steps That Can Help You Avoid Unexpected Breakdowns   When it comes to financial planning, something many people don’t consider is taking steps to prevent emergency costs from occurring. As short-term lenders, we are used...

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The Very Latest Online Loans to Apply For

A Brave New Online World of Lending - The Very Latest Types of Online Loans to Apply ForGaining access to finance has never been easier, thanks to the internet and the opening up of the loans marketplace. Navigating the online loans marketplace, as a consumer, is not...

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What is responsible lending?

What is responsible lending?

Responsible lending is all about ensuring a borrower is able to repay a loan before offering credit. Responsible lenders also need to be clear and upfront about the cost of borrowing, and extra charges and fees payable. They will usually offer support and great...

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Why have payday loans become so popular?

Why have payday loans become so popular?

Despite having suffered some bad press in the past, payday loans are still a popular option for people who need access to quick cash. Research suggests that they are particularly popular with younger borrowers. There are many reasons why people take out short-term...

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How to celebrate Father’s Day 2020 on a budget

How to celebrate Father’s Day 2020 on a budget

In the past, a typical father’s day may have included a family day out, a get together with relatives, or a trip to the local pub or restaurant. With the UK sustaining varying coronavirus lockdown restrictions, father’s Day 2020 will be far from typical. Nevertheless,...

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Why is APR a bad measurement for payday loans?

Why is APR a bad measurement for payday loans?

Imagine you're back at school or college and you're looking for a job for a few weeks over the summer holidays to pay for a holiday. You need to earn £500 but all the jobs advertised are only showing their annual salary, which makes it hard to compare which job is...

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Can applying for online loans damage my credit score?

Can applying for online loans damage my credit score?

We are so lucky, as consumers, to have such an in-depth choice when it comes to taking out an online loan. Most borrowers will spend time shopping around until they feel they've found a lender that offers the kind of loans they are looking for.  However, it’s...

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5 Easy Ways To Turn Family Quarantine Into a Success

5 Easy Ways To Turn Family Quarantine Into a Success

With quarantine as our new norm, we wanted to know how parents in the UK are keeping their kids occupied, happy and healthy during the Coronavirus pandemic. We’ve asked Mums and Dads around the UK to share some of their top tips to getting through home isolation and...

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Top tips on how to ask your boss for an advance

What is an advance on your wages? A wage advance is usually the payment of the money you have already earned, in advance of your payday. Employee loans are another way to get your hands on some money in advance of your paycheck, but these involve your employer lending...

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Broker Payday Loans vs. Direct Payday Loans

People are often confused when it comes to understanding the difference between broker payday loans and direct payday loans. Some say direct loans are often better, but is this always the case? If you're deciding if you should get a loan, read on to learn more. What...

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Blog Disclaimer

We do all we can to bring you interesting, practical and valuable information. However, please understand the following:

Moneyboat.co.uk are in no way connected or affiliated with the application or affiliate links mentioned in this or any article.  We do not receive any commission and are not responsible for any charges that may result from any free trials or paid subscriptions.

MoneyBoat.co.uk does not provide medical advice It is intended for informational purposes only. It is not a substitute for professional medical advice, diagnosis or treatment. Never ignore professional medical advice in seeking treatment because of something you have read on the site. If you think you may have a medical emergency, seek medical advice immediately or dial 999.

Information and data on this blog are for information purposes only. While we work hard to ensure it is accurate, we cannot accept responsibility for the accuracy, completeness, suitability or validity of any information provided on the blog. We will not be liable for any errors, omissions, losses, injuries or damages arising from its display or use. All information is provided with no warranties and confers no rights.

If you feel that any of the information published on our blog is not accurate, please notify us via email at thecrew@moneyboat.co.uk.

Warning: Late repayments can cause you serious money problems. For help, go to moneyhelper.org.uk