Find the right loan for you with Moneyboat
Need a loan quickly? Borrow £200 to £1,500 over a term that suits you best. See all the costs upfront with no hidden fees.
✔ Clear costs shown before you accept
✔ Fixed repayments over an agreed term
✔ Apply online in minutes
✔ Receive funds within 15 minutes*
Representative Example: Borrow £400 for 4 months: 3 monthly repayments of £156.09 followed by a final repayment of £156.07. Total repayment £624.34. Interest rate p.a. (fixed) 288.35%. Representative 1,267.9% APR.
Warning: Late repayments can cause you serious money problems. For help, go to www.moneyhelper.org.uk.
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Loans designed to suit you
Different situations call for different types of borrowing. If you’re not sure where to start, here are some of the most common options our customers look for.
Short-term loans
Loans repaid over a small number of instalments, giving you more time to spread the cost.
Payday loans
Short-term borrowing designed to help cover unexpected costs before your next payday.
Same-day loans
If approved, funds are typically sent the same day, depending on your bank’s processing times.
Bad credit loans
If you have a bad credit history, you may still be able to apply for a loan. We look at your current financial situation.
Emergency loans
Designed to help when something urgent comes up, such as a car repair, home repair or unexpected bill.
Instalment loans
Borrow and repay the balance over fixed instalments on agreed dates, helping you spread the cost.
How Moneyboat loans work
Step 1
Apply in minutes
Fill in a short online form and tell us how much you’d like to borrow. We’ll run a credit check and assess your application on its own merits.
Step 2
Get your personalised offer
You’ll repay the loan over agreed instalments on scheduled dates. The full repayment amount will always be clearly set out in your agreement.
Step 3
Receive your funds
Once your agreement is signed, we’ll send the funds to your bank account, depending on approval and your bank’s processing times.
Step 4
Repay in fixed instalments
You’ll repay the loan over agreed instalments on scheduled dates. The full repayment amount will always be clearly set out in your agreement.
Representative example
Here’s an example of how much a loan could cost, based on repayments made on the last working day of each month.
Borrow £400 over 4 months: 3 monthly repayments of £156.09, followed by a final repayment of £156.07.
Total repayment: £624.34
Interest rate (fixed): 288.35% p.a.
Representative APR: 1,267.9%
| Borrow | Payback Period | Monthly Repayments | Total |
|---|---|---|---|
| £400 | 4 months | £156.09 | £624.34 |
Find out more about our financial promotions and Annual Percentage Rates (APR).
Warning: Late repayments can cause you serious money problems. For help, go to MoneyHelper.
What are loans?
A loan is a way to borrow a set amount of money and repay it over time.
With a loan, you:
- Borrow a fixed amount upfront
- Repay it over an agreed period in instalments
- See your total repayment before you accept
Loans are often used to help cover unexpected costs or larger expenses, where paying all at once might not be possible.
It’s important to make sure any repayments fit comfortably within your budget. Loans are best suited to occasional borrowing, not ongoing financial difficulties.
Loans vs credit cards vs overdrafts: What’s the difference?
If you’re thinking about borrowing, it’s not always clear which option makes the most sense. Loans, credit cards and overdrafts can all help in the short term, but they work in different ways.
Here are your options compared in simple terms:
Loans
Borrow a fixed amount and repay it in set instalments over time.
You’ll see your total repayment upfront, with a clear end date.
Credit cards
A flexible credit limit you can reuse.
Repayments vary, and interest is usually charged if you don’t pay in full.
Overdrafts
Linked to your bank account for short-term spending beyond your balance.
No fixed repayment plan, and charges may apply.
Which is right for you?
If you want clarity and fixed repayments, a loan can help you plan ahead.
If you need flexibility, other options may suit you better.Before borrowing, always check the repayments fit comfortably within your budget.
Free and independent advice is available at moneyhelper.org.uk.
When a loan might help
A loan can be useful when you’re facing a short-term cost that can’t wait, and you know you can comfortably repay it over time.
You might consider a loan if you need to cover things like:
Before applying, it’s important to make sure the repayments fit comfortably within your budget.
Loans are designed for short-term, occasional borrowing, not ongoing financial difficulties. If you’re unsure, it may be worth exploring other options first.
Who is Moneyboat?
Moneyboat is a UK-based direct lender authorised and regulated by the Financial Conduct Authority (FCA).
We provide short-term loans with clear pricing and fixed repayments, so you always know what to expect.
We take responsible lending seriously. That means we check that any loan we offer looks affordable and manageable for you.
If you ever have questions, our UK-based team is here to help.
FAQs about loans from Moneyboat
Our loan experts answer your most common questions to make borrowing money more straightforward.
With Moneyboat, applying is simple.
- Choose how much you’d like to borrow and for how long.
- Complete the online application with your details.
- We’ll carry out affordability and credit checks to assess your application.
If you’re approved, you’ll see exactly how much you’ll repay before you decide whether to go ahead.
All applications are subject to status and affordability checks.
Once your application has been reviewed and approved, we’ll send the funds to your bank account within 15 minutes*. The exact timing depends on approval and your bank’s processing times.
No. All regulated lenders in the UK must carry out affordability and credit checks before approving a loan.
Most applications can be completed online without uploading paperwork straight away.
If asked, you’ll typically need to provide:
- Your personal details (name, address and contact information)
- Details of your income and employment
- Information about your regular monthly outgoings
- Your UK bank account details
In some cases, we may ask for additional information to verify your identity or confirm your income. This could include photo ID or recent bank statements, depending on your circumstances.
Any checks we carry out are part of our responsible lending and affordability assessment.
If you’re worried about making a repayment, it’s important to contact us as soon as possible.
We’ll work with you to understand your situation and discuss possible options. Missing payments can affect your credit file and may result in additional charges, subject to FCA limits.
Late repayment can cause you serious money problems. For help, go to moneyhelper.org.uk.
Yes. You have the right to withdraw from your loan agreement within 14 days of signing.
If you do, you’ll need to repay the amount borrowed plus any interest that accrued while the loan was outstanding.
No lender regulated by the Financial Conduct Authority can guarantee approval. All Moneyboat applications are assessed based on status and affordability to ensure borrowing is suitable.
Yes. A full credit search will be carried out when you apply for a Moneyboat loan, and your repayment history may be reported to credit reference agencies.
Making repayments on time may improve your credit file. Missing payments may negatively affect your credit score.
If you think you might miss a payment, please contact us as soon as you can. We’re here to help.
Missing payments can affect your credit file and may lead to additional charges, subject to FCA limits. The sooner we speak, the sooner we can look at your options together.
Late repayment can cause you serious money problems. For help, go to moneyhelper.org.uk.
If you need to change your repayment date, contact our team directly.
You can get in touch by phone or email, and we’ll talk through your options. Changes aren’t guaranteed and are subject to approval, so it’s important to reach out as early as possible.
If you’re worried about making a payment on time, please contact us straight away. Acting early can help avoid additional charges and give us more time to support you.
Yes, you can repay your loan early at any time.
If you do, you’ll only pay interest for the days the loan was outstanding, in line with regulatory rules. There are no early repayment charges.
We’re a direct lender.
You apply directly with us – not through a broker or loan-matching service. We don’t pass your details to other lenders unless you instruct us to, and you won’t be contacted by multiple loan companies as a result of an application with us.
There are several reasons why an application may not be approved, including:
- Affordability concerns
- Insufficient or irregular income
- Existing financial commitments
- Incomplete or incorrect information
- Credit history factors
If we decline an application, it’s because we believe the loan may not be suitable or affordable based on the information available to us.
Before we approve a loan, we check that the repayments look affordable for you.
We review your income, essential outgoings and any existing commitments. If we don’t think the loan would be manageable, we may decline the application. That’s to help protect you from taking on debt that could cause problems later.
Before you accept a loan, you’ll see the total amount repayable, including all interest. This means there are no hidden costs.
In the UK, interest and charges on loans are capped at 0.8% per day – we only charge 0.79%. You’ll never repay more than 100% of the amount borrowed. That means the total cost is limited and can’t keep increasing.
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