£800 loans for life’s urgent situations

How can an £800 loan be used?

Designed to help you in an emergency, our short-term loans of £800 exist for when you need quick access to money to help covering the cost of:

• Home appliance breakdowns
• Unexpected car repairs
• Bills for the vet
• Necessary repairs at home
• Emergency costs for medical and dental issues

By getting short-term loans with Moneyboat you don’t have to have your daily life interrupted. We dedicate ourselves to offering you financial support that is both quick and safe.

What is the total cost?

If you’re still not sure about all the costs, here is what you need to know. Our short-term loans will change in price depending on the amount of money you borrow and the length of time you borrow it for. Despite this, we do have a fixed daily interest rate from the beginning:

• Fixed charges the whole way through: We have a daily interest rate of 0.79%, which is applied to the outstanding loan amount.
• Choose a period to pay back in: Over 2 to 6 months, you can spread out the costs of your loan at a pace which suits you – with the option to repay early at no extra cost!
• We send small loans quickly: Loans between £200 and £800 can assist in covering the cost of monetary emergencies, with them reaching up to £1,500 if you’re a repeat customer at Moneyboat.

How easy is the application?

To apply, you can use any device you want. And with our technology being specifically built to process your application quickly and safely, it couldn’t be easier.

Many of the applications we receive are automatically approved, and they only require some basic details.

There are three simple steps to follow when applying:

1. Within minutes, complete your application online

Fill out our easy application and state the value of the loan you would like.

2. eSign your emailed approval

Review your offer on a device before signing digitally to verify.

3. Receive funds within 15 minutes*

After you’re approved, get the money sent to your account in as little as 15 minutes*.

Will I be approved?

Before you apply for a loan with Moneyboat, you’ll have to ensure that you meet our minimum eligibility criteria:

• 18+
• Regular income of £1,050
• UK resident with UK bank account

If you do meet these requirements, we will then individually review your application and look at more than just your credit score. With our affordability checks taking multiple factors into consideration, it could still be worth applying - even if you need an £800 loan and have a bad credit score.

On all applications, we carry out credit checks as part of our FCA-regulated lending process. We consider a range of factors beyond your credit score and review every application on an individual basis to assess your eligibility.

To understand more about this process, read our guide on how credit checks work.

Is Moneyboat a responsible lender?

Because we follow responsible lending guidelines, Moneyboat only provides £800 loans if it is appropriate when considering your financial situation. We are also an FCA-approved lender and can confidently say that we make sure every customer receives a loan that suits them best.

• There are never any brokers involved when borrowing from us as we are a direct lender
• With transparent pricing, you never have to be concerned about hidden fees
• Our customer support is based in the UK and open from Monday to Friday 8am–7pm
• We are regulated by the FCA – use the reference number 674154 to find us on the FCA register
• We can help you improve your financial choices with many online resources

Receive the money you require and be able to repay it on an adjustable schedule customised to you. If you’re ever in need of any help during your applications, our team of experts is on-hand to respond to any queries you have.

Where can I find free money advice?

If you are in need of some financial guidance, you can look for free third-party support from multiple different organisations. Companies such as Citizens Advice, National Debtline, StepChange, and Moneyhelper can all help you budget and manage debt.

Resources that help you manage money

Managing money can be difficult, especially when unexpected payments occur every now and then. But with the Moneyboat blog, you can discover lots of information and resources on offer, all there to help you handle your finances and give advice on how to make savings.

*Learn more about our 15-minute funding terms and conditions.