Blog
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Moneyboat wins another prestigious Credit Award
The last 12 months have been incredible here at Moneyboat. We’ve seen lending levels soar, while our first missed payment rate has plummeted, and we’ve already been named Responsible Lender of the Year. Now, we have another award to add to this list. We’ve been named the winners in the Consumer Credit Team of the Year category at the ‘Oscars of the credit industry’, Credit Strategy’s Credit Awards.
Moneyboat shortlisted for two credit awards
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 Credit Team of the Year and Outstanding Conduct in Collections to our growing list of accolades.
What is an overdraft?
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 year. However, there are also unarranged overdrafts, which 14 million people use. So what’s the difference between an arranged and unarranged overdraft and is it bad to borrow through an overdraft?
An alternative to Sunny Loans
Sunny Loans are one of the many direct payday lending companies that have fallen into administration over recent months and years. If you are looking for loans like Sunny Loans, we can help. Although Sunny Loans are no longer offering new loans to borrowers in the UK looking for short-term loans, Moneyboat are still very much up and running, offering great funding options to people seeking emergency cash.
What are interest-free loans?
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 outstanding loan amount.
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 lending at the forefront of everything we do here at Moneyboat.