Blog
What you need to know about individual voluntary arrangements (IVAs)
When a consumer gets into debt they can't afford to repay under the terms of their loans, they have a few options to consider. Most of us are aware of bankruptcy as a last-ditch solution to debt problems, but fewer of us are familiar with individual voluntary arrangements, or ‘IVAs’.
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.
Vote for moneyboat in the consumer credit awards
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!
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 budget, repaying your short-term loans more quickly or putting cash into a savings account each month, knowing where to begin can be difficult and sometimes overwhelming.
How to minimise your energy bills in 2022
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 the pressure on our wallets. Whether you want to know how to minimise your electric bills, your gas bills or your water bills, we are here to help. It’s never a good idea to take out payday loans to cover utility bills, so we’ve come up with some ways reduce the burden.
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?
How to teach children about money
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 starts at home, from a very young age and can set your child on the right or wrong path from the get-go.
How to sell online - making quick cash through online selling
There are a million reasons why you might want to start selling your unwanted stuff online. Whether you need some quick cash or you simply want to do something ethical with your old things – so you can feel better about buying new things – we have some great tips and tricks to help you sell online without too much hassle.
A guide to payday loans for self-employed people
More and more people in the UK are becoming self-employed. A combination of factors has led to this rise in the entrepreneurial spirit in the UK. Being self-employed comes with some major benefits but it also comes with a few setbacks. Not least increased difficulties in accessing some financial products, ranging all the way from mortgages to 24-hour loans.
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 are a few solutions to this problem and taking out short-term loans online can help.
Everything you need to know about payday loan criteria but were afraid to ask...
If you’d like to know more about eligibility criteria for payday loans, but don’t know where to start, you’ve come to the right place. We’ve put together a guide to help consumers navigate the choppy waters of the payday loans market.