Moneyboat Payday Loans – Loans between £200 and £1500

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Example Repayments
based on the last working day of each month

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 We are a direct lender     A flat interest rate of 0.7% per day     Discreet, safe & secure     A polite and friendly customer service crew

Warning: Late repayments can cause you serious money problems. For help, go to

Representative Example: Borrow £400 for 4 months, four monthly repayments of £149.37. Total repayment £597.48, interest rate p.a. (fixed) 255.5%. Representative APR 939.5%. Compare Moneyboat loans.

Moneyboat’s Service Is Rated: Excellent | 9.5/10

Our loans are flexible and fair

Are you looking for straightforward and affordable payday loans? We offer a tailored loan approach, allowing more flexibility and better interest rates than other online payday lenders.

Loans to help you keep on top of your finances

Applying for loans online may help you get the funds you need quickly when you’re faced with an unplanned expense or a temporary financial shortfall. Our market-leading 15-minute funding (Ts&Cs apply) helps our customers access the cash they need fast. With so many different credit providers in the UK for customers to choose from, it can be tricky finding the right loans to help you get back on your feet, or meet unforeseen expenses. At Moneyboat, our application process is quick, transparent and straightforward. You can trust us to offer a reasonable APR and we’ll never charge you unexpected fees. Apply for one of our payday loans today and see for yourself!

Payday loands

Our company is authorised and regulated by the FCA


We are UK Direct Lenders


Funding released to our customers every 15 minutes


We offer Monthly loan repayments


Pay no money to apply


Smart approval means decision is never just based on a credit check

Why choose Moneyboat for your payday loan?

As an FCA authorised lender, we pride ourselves on our ability to approve payday loans responsibly and help you clear loan repayments quickly with flexible repayment plans for our loans. We were also recently nominated for the Responsible Lender of the Year Credit Award in recognition of our fair credit assessment process. Some additional advantages of choosing Moneyboat loans when looking for credit are:

✔ Quick Loan Application: Our application process is short. Simply fill in the online application form and our team will automatically assess your request against our responsible lending criteria. After approval, you could have money in your bank within minutes.

✔ Flexible Repayments: We lend cash directly and offer short term flexible online loans to fit individual needs. Our flexible repayment plans allow applicants to continue to choose the amount they need to borrow and select how many manageable monthly instalments they can make over the loan period. New customers can borrow from £200 to £800. Loans are repayable over a minimum term of two months and a maximum of six months. Existing customers can borrow up to £1500, subject to passing our credit and affordability checks. Customers may pay back their short term loans early, on their next payday for example, with no penalties or fees.

✔ No Guarantor Needed for Loans: No guarantor is required to apply for a payday loan online with Moneyboat. As responsible lenders, we assess your personal financial requirements to provide an affordable loan solution to suit your individual needs.

✔ No Hidden Fees: Our application process is free with no hidden fees. There are no other borrowing charges applied to your loan when money owed is paid on time, aside from the interest and you can repay your loan early with no penalty. Check out our loans APR and use our loan calculator to help compare us with other credit providers.

✔ Friendly UK Based Team: Our experienced loans support team are happy to handle any inquiries applicants may have. All applications for loans are confidential in compliance with GDPR requirements. We have plenty of positive reviews from happy customers

Our loans explained


Payday loans are a small cash allowance designed to tide you over until your next payday. These cash loans are typically approved on the same day of application and are repaid in manageable instalments with a fixed interest rate. You can check our APR to compare us with other credit companies. However, the APR, or annual percentage rate, isn’t the best tool to compare firms who provide loans over the short term as they tell you how much the loan will cost you over an entire year.

High cost short term loans like payday loans often offer credit in small amounts up to £1,500 and are best used to meet a one-off unexpected expense or rectify a temporary financial shortfall before payday comes.  

How to apply for payday loans with Moneyboat

Applying for a payday loan online with Moneyboat couldn’t be more straightforward. Our UK-based team processes loan applications during weekday hours and assesses your request against our responsible lending criteria. Just fill in our online loans application form and leave the rest to us. Our team will send you a loan agreement via email following a comprehensive credit check and approval. Once you’ve agreed to our lending terms and the loan has been processed, the funds will be deposited directly into your bank account, often within minutes.

Will I be accepted for a Moneyboat payday loan?

We pride ourselves on our responsible credit practices and lending guidelines and therefore we cannot guarantee that your application will be approved if you have a bad credit record, for example. Each request is assessed by an automated system to determine whether applicants will be able to meet the repayments over the proposed loan term, helping us reach the right decision quickly. It’s worth remembering that becoming clear of existing debt and making repayments on time is a positive way to attempt to repair bad credit ratings.

Credit lending criteria

As an FCA authorised lender, we ensure we lend responsibly from start to finish. To avoid disappointment, take a look at our minimum lending requirements before beginning your online loan application:

✓ You must be at least 18 years old

✓ You must be in full or part-time employment

✓ You must receive a minimum NET pay of £1000 per month

✓ You must be a holder of a UK bank account and debit card

How do our payday loan repayments work?

New customers can borrow from £200 to £800. Loans are repayable over a minimum term of two instalments (could be weekly or monthly, depending on the date of the borrower’s payday) and a maximum of six months. This means that if you take out one of our loans, you don’t have to repay the entire balance of your loan on your next payday. The minimum duration for the first instalment is five days. Existing customers can borrow up to £1500, subject to passing our credit and affordability checks. We do not require full repayment of our loans in 60 days, but customers may pay back their loans early with no penalties or fees.

The interest charged on our loans is 0.7% per day (maximum APR 939.5%) and is only calculated on the outstanding capital balance at any given time.

Repay your credit balance at any time

You can repay your loan early at any time with no extra fee or penalty. Paying your loan off early allows you to clear the debt and save the amount you would have had to pay in interest, which may make your month-to-month finances easier to manage.  

Things to consider before applying for loans

Before applying for a payday loan online, it is important to read reviews, check the credit term and compare the different credit options available to ensure you’re selecting the right product for you. Payday loans aren’t the cheapest credit options available, but they are helpful when you’re in an emergency cash situation and need funds quickly. They can offer affordable access to cash, providing you stick to the credit terms and clear the debt within the pre-arranged timescale.

When you need fast cash and have a bad credit history, short-term loans may be an attractive option. However, it’s vital that you consider all credit options and loan products available to you, including monthly and weekly instalment loans, overdrafts or personal loans before applying for payday loans, as they may be cheaper.

A sensible borrower comparing direct lenders reviews the APR charges on each lender’s short-term loans. APR, or Annual Percentage Rate, is the cost of the loan over 12 months, including all interest and any money you will be expected to pay in fees. Looking for the APR can help you compare the expenses involved in taking out a short-term loan, offering an easy way to review different direct lenders.

As a responsible UK direct lender, we always carry out a range of affordability reviews before offering our customers credit. This means that we won’t lend unless we are confident you are able to pay back the money that you owe. If you have a bad credit score, you may struggle to secure loans, or may find that borrowing costs more money and takes you longer to clear.

What should payday loans be used for?

Payday loans and bad credit loans are best used for one-off situations between wages, such as an unexpected bill or necessary appliance repairs. For more long-term requirements, you may be better off checking out other credit options such as bank overdrafts or guarantor loans. It’s important to be wary of lenders with bad customer reviews, however.

Checking credit providers’ customer reviews is an important step when looking for loans. Trustpilot scores will often reflect how a lender treats their loans customers when they are struggling. It tends to be borrowers with poorer credit scores or those who have missed repayments of their loans who submit bad reviews.

How to choose the best loan

When looking for a payday loan online, it is important to do your research and compare different credit deals to choose the best arrangement for you. To avoid a bad borrowing experience, you should compare interest rates (look for the APR), check for hidden fees, read customer reviews and ensure you can afford the repayments. Before applying, it is important to make sure that the lender is on the FCA Register and to consider whether you will be able to pass a credit check.

When making a comparison, it pays to consider how flexible lenders are, whether you will be expected to make repayments weekly or over a number of months and how much you will have to pay in fees if you default. Because we are FCA registered and have plenty of excellent reviews from happy customers, borrowers know they can trust us as experienced lenders offering quick cash and reasonable fees. Why not use an online calculator to help you work out how much money different loans will cost over their entire term?

What if my financial circumstances change?

If your financial circumstances change and you have an outstanding balance on one of our short term loans, don’t worry – we’re here to help. Our loans and credit team can offer support and guidance to help you get back on track, even if you have bad credit. It is important to remember that a payday loan is not a suitable solution for long-term financial difficulty. If you are struggling to make repayments or have other credit problems, contact us directly.


Lend Directly - We are not a broker

Unlike other UK brokers who aren’t lenders themselves, we are an official direct lender of payday loans. This means that we provide the money you need directly to your bank, rather than just passing your details on to a third party.


Easy Application Process

We have made our online application loan application process as easy as possible, allowing credit applicants to understand everything from start to finish. It also means that we don’t ask any unnecessary or complicated questions to confuse the process.


Payday Loans for Unexpected Costs

No one expects to be caught short financially and sometimes a loan before payday can help tide you over until you get back on your feet. Talk to our friendly loans team today to see if an online payday loan is the best option for you.

Apply for a payday loan today

If you’re looking for a payday loan, Moneyboat are here to help. We consider all applications for loans up to £1,500 and provide funds quickly upon approval.