Same-day loans in the UK from £200 to £1,500

You can apply for a Moneyboat loan online.

1. First, choose how much you’d like to borrow and your preferred repayment term.
2. Then, you’ll complete a short online application with your details.
3. Finally, we carry out affordability and credit checks to see whether a loan may be suitable for you.

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, the funds are sent to your bank account.

In many cases, this can happen the same-day you apply, even within as little as 15 minutes**. However, the exact timing depends on approval and your bank’s processing times.

**‘15-minute funding’ means that funds can be deposited into customers’ bank accounts within 15 minutes once all checks have been completed. Please see our ‘Understanding the language we use’ page for more info.

No. All lenders regulated by the Financial Conduct Authority (FCA) must carry out affordability and credit checks before approving a loan.

These checks help ensure borrowing is suitable and manageable for you.

Before accepting any loan, you’ll see the full repayment amount clearly set out in pounds and pence.

In the UK, the cost of short-term loans is regulated by the Financial Conduct Authority. Interest and charges are capped at 0.8% per day, and you will never repay more than 100% of the amount borrowed.

This means the total cost of borrowing is limited and cannot keep increasing.

Before approving any loan, we assess whether the repayments look affordable for you.

This includes reviewing your income, essential outgoings and existing financial commitments.

If we believe the loan may place too much pressure on your finances, we may decline the application. This helps protect customers from taking on debt that could cause difficulties later.

Applications may not be approved for several reasons, including:

• Affordability concerns
• Insufficient or irregular income
• Existing financial commitments
• Incomplete or incorrect information
• Credit history factors

If we decline an application, it is because we believe the loan may not be suitable or affordable based on the information available to us.

Moneyboat is a direct lender.

You apply directly with us rather than through a broker or loan-matching service. We don’t sell your details to other lenders, and you won’t be contacted by multiple lenders after you apply.

Yes. You can repay your loan early at any time.

If you choose to do this, you’ll only pay interest for the days the loan was outstanding, in line with regulatory rules. There are no early repayment charges.

Read our guide to what you need to know before borrowing online.

If you think you might miss a repayment, it’s important to contact us as soon as possible so we can discuss your options.

Missing payments can negatively affect your credit file and could result in additional charges, subject to FCA limits.

Read our guide on how long missed payments can stay on your credit file.

Warning: Late repayment can cause you serious money problems. For help, go to moneyhelper.org.uk. You can also see a full list of free and independent support organisations here.

Yes. A full credit search will be carried out if you proceed with a loan offer, and your repayment history may be reported to credit reference agencies.

Making repayments on time may help build a positive credit history. Missing payments could negatively affect your credit score.

A same-day 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.

If you’re struggling with your finances and you’re not sure where to turn, help is available from third-party support organisations, including:

• MoneyHelper is a government service offering free financial advice by chat, WhatsApp or phone
• National Debtline offers free and independent debt advice by phone or chat
• StepChange provide debt advice by app or phone
• Shelter gives advice on debt, housing and healthcare by phone and chat
• Citizens Advice can speak to you about debt, employment and benefits advice

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 loan approval.

All Moneyboat applications are assessed based on status and affordability to ensure borrowing is suitable.

It depends on your individual circumstances.

When you apply, we assess your existing credit commitments as part of our affordability checks. If you already have outstanding short-term credit, this may affect your eligibility.

If taking on additional borrowing could place financial pressure on you, the application may be declined.

You can only have one Moneyboat 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, please 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.

Warning: Late repayment can cause you serious money problems. For help, go to moneyhelper.org.uk. You can also see a full list of free and independent support organisations here.

Most applications can be completed online without uploading paperwork straight away.

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.