Blog and Latest News

Payment Options in the UK

Paperless money transfers have become more and more prevalent over the past couple of decades. Replacing cash and cheque payments, cashless money transfers offer increased convenience and further ease for many employers and service providers....

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Saving on your Monthly Expenses

There are always small and effective ways in which to scrimp and save in your budget. Taking note of your expenses alone, will help you get your finances well on track, with everything clearly visible to you each month with regards to what you have and haven’t spent....

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Payday Loans Industry Regulations Explained

The British payday loans industry has grown immensely in the past decade, particularly between the years of 2006 and 2012. With the emergence of the short term lending industry, it is critical for industry consumers to understand their rights and entitlements as well...

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Debt Consolidation Explained

If you are facing financial difficulties and going through challenging financial times, it is  of the utmost importance that it be addressed immediately. It may be the case that you need to consider taking out a short-term loan or perhaps a loan for bad credit to tide...

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What is the Financial Services Compensation Scheme (FSCS)?

The Financial Services Compensation Scheme (FSCS) was founded in 2001 and acts as a form of deposit insurance for customers, savers and those banking with banks, building societies and other qualifying firms. Hence, if a firm or firm holding customers’ money becomes...

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Planning For Challenging Financial Times

Unfortunately for many of us, at some point in our lives we find that we are presented with unexpected challenges. This may be financial hardship, health problems, social challenges or otherwise. It may be that one’s own health may decline, a loved one may become ill...

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How Can I Increase the Value of My Property?

Whether you are looking to rent or sell a property you own, home improvements can impact what price your property can achieve when it goes to market. Renovating your property can be done to an extent though DIY or for more extensive and detailed work, via a...

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What is an IVA and How Does it Work?

An Individual Voluntary Agreement, also known as an IVA, is a legal agreement made between you and your creditors to repay your debts, and it is an alternative to declaring bankruptcy. While an IVA is a form of insolvency, it is different in several ways from...

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How to Avoid Payday Loans

Although they are often a very useful and timely financial tool, there are still various reasons why you may want to avoid taking out a payday loan in the first place. Perhaps this is due to the high interest rates they offer, or because you already have a number of...

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How to be productive working from home

  How to be productive working from home In the 21st century, more and more of us have the opportunity to work from home. With many employers allowing flexible working arrangements, it has never been easier and more realistic to work from the comfort of your home....

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Using Unsecured Loans to Start a Business

Starting a business venture is as exciting as it is challenging and from the outset, there are many factors for you to consider. However, perhaps the most important and the leading factor is the funding required to get the business off the ground in the first place....

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Saving Money Cooking In and Eating Out

Many people find themselves living on a budget, be that a high or a lower budget. Eating well and eating cheaply however, are often difficult to reconcile. However, with the right attitude and attention to detail, it can be done, with often, just a few simple changes...

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How Does a Credit Check Work?

If you are applying for a loan, mortgage, or any other form of credit, it is likely that one of the very first steps that will be taken by any you apply with, in order to determine whether to approve or decline your application is  looking at your credit history. This...

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The Complete Guide to Payday Loans Worldwide

Are you looking to understand more about payday loans worldwide and how payday loans work around the world? Did you know that payday loans are offered on a short-term basis across the globe and not just in the UK? Payday loan products are often an easy, convenient and...

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What is a CCJ?

A County Court Judgement, also known as a CCJ is an order issued by the County Court for a debtor to pay back money to creditor. A creditor will apply for a CCJ in an effort to reclaim this money back, having been unable to collect the funds through other means. CCJs...

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What is Debt Management?

Debt management usually applies if you are struggling with paying back loans, mortgages, credit cards and other applications for credit that you have made. You may be tempted to take out further credit in order to pay off your outstanding debts, however this is not...

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What is Financial Underwriting?

Underwriting refers to an important part of the loan application process, but what exactly does it mean and how does it work? Knowing what underwriting is; how it works in principle and its overall importance, can help you improve your financial circumstances and...

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Common Uses for Personal Loans

There are many different reasons for borrowing money, as well as a number of different categories of loan products to choose from in the case of personal loans. These may range from traditional payday loans to the likes of longer term products such as instalment type...

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What is a Continuous Payment Authority?

A CPA refers to a Continuous Payment Authority; when you have given a company permission to automatically deduct money from your account on a weekly or monthly basis. For example, MoneyBoat makes use of CPA’s in order to collect payments from customers, as a way of...

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Applying for a Short Term Loan

If you are considering applying for a short-term loan, then MoneyBoat may be able to help you. We are a safe, transparent and flexible direct lender, offering short term loans at an interest rate of 0.7% a day as opposed to the more common 0.8% imposed by other...

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How to Borrow From Family and Friends?

If you are in need of money quickly, you may be looking at borrowing from friends or a family member to help you get through financial difficulty. There are a number of advantages to doing so, such as being more likely to receive a more flexible repayment time scale...

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Job Seekers Allowance Explained

Looking for a job can be frustrating, particularly if your finances are a concern. If you are a UK citizen however, you may be eligible for job seekers allowance. This is an unemployment benefit awarded to people who are actively looking for a job. Here is what you...

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It’s True – Tesco direct is closing down!

You have read correctly - Tesco direct is in fact closing down. Recently, it seems that retailers aren’t doing as well as they used to. To boot, recent data doesn’t show a favourable future for this industry. It has been noted that UK customers are making less food...

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What Role Does Small Change Play in Savings?

In recent years, we have seen the cryptocurrency sector grow exponentially as well as the proliferation of digital banking alternatives like Monzo and Revolut, all increasingly calling into question the relevancy of coins, pound notes as well as bank branches....

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Considerations Before Taking Out a Loan

Payday, or short term loans can be a great financial tool especially if you’re strapped for cash and do not want to become overdrawn with your bank, or use a credit card. However, the internet as we know, is no safe haven. Countless people get drawn into online scams every day and end up in further in the red.

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How to Improve Your Credit Rating

Imagine going to get a loan only to be turned down. This happens to individuals every day, as they don’t know what their credit score is.
Fortunately, there are ways to improve a credit score, but there are also many myths surrounding how to do so.
Consumers need facts, not misinformation. Read on to find out some simple ways to help your credit score rise.

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Saving Money to Avoid Small Loans

People often turn to small loans when they find they are short on cash. Although this is a valuable resource to have in an emergency, individuals don’t have to rely on these loans for everyday expenses.

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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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Working from home – Money saver or Myth?

Some people may be under the impression that working from home is as simple as pulling your laptop up in bed and earning some easy cash. Sounds like a breeze! But is this how it works in the real world? Moneyboat would like to uncover the home truths, around a home based income to help you ultimately decide whether working from home is right for you.

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8 Top Reasons To Save Money in 2018

It’s often difficult to motivate ourselves to save money – especially when what is left at the end of the month doesn’t seem like it would stretch too much further. Nevertheless, if you really want to improve your financial situation over time, you have to start somewhere. It’s a proven fact that saving money can positively impact your current lifestyle and your future. Read on to find out how you too can have a savings plan in place, having paid off your payday loans.

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Managing Your Christmas Budgets

We all know that this time of year is the most enjoyable. It’s also the most expensive! Is it possible to stretch our cash over the holidays and stay afloat by the time 1st January comes around?
As a leading no broker direct lender, Moneyboat would like to suggest some Christmas budget tips for exactly that.

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