Get a short-term £800 loan with fixed instalments

With Moneyboat, applying is simple.

1. Choose how much you’d like to borrow and for how long.
2. Complete the online application with your details.
3. 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. Credit and affordability checks are required by law for all regulated UK lenders.

Before accepting a loan, you’ll see the full repayment amount in pounds and pence. Our interest is 0.79% – lower than the 0.8% cap – and we charge no fees when taking a loan. You’ll also never repay more than 100% of the amount borrowed.

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.

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.

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.

Yes. You’ll only pay interest for the days the loan is outstanding. No early repayment fees apply.

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.

Warning: Late repayment can cause you serious money problems. For help, go to moneyhelper.org.uk.

Yes. A credit check is carried out when you apply, and missed repayments may negatively impact your credit file.

An £800 loan may be suitable for short-term, occasional borrowing when you can comfortably afford the repayments.

If you’re experiencing ongoing financial difficulty or considering borrowing to repay existing debts, it may be helpful to seek independent advice before applying.

You may be able to get a loan if you are receiving benefits, as long as you are also in full-time employment and your overall income is sufficient to comfortably cover the repayments.

When reviewing applications, we consider your full financial situation, including your income, essential outgoings and existing commitments. All applications are assessed for affordability before any loan is offered.

All applications are assessed based on affordability.

Read our minimum lending requirements for more information.

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.

No. Moneyboat only provides one loan at a time.

You would need to repay your current Moneyboat loan in full before applying again, and any existing commitments would still be considered in our affordability checks.

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.

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.

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.