Quick and simple same day loans from Moneyboat
Need a loan to help cover urgent bills until your next payday? Apply online to borrow between £200–£1,500 with repayments spread over 2 to 6 months. Get money in your account in 15 minutes* with a same day loan.
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.
Compare Moneyboat loans.
Warning: Late repayments can cause you serious money problems. For help, go to www.moneyhelper.org.uk.
Important: Moneyboat provides a flexible short-term loan. Although these loans are widely recognised and often searched for by our customers as 'same day loans,' our focus is on providing clear and accessible financial options that meet your needs.
Instalments over 2-6 months
Loans between £200-£1,500
Same day loans with no hidden fees
Moneyboat's service is rated Excellent
Cover urgent costs with a same day payout loan
In our recent survey of 1,000 people, 73% said that they struggle to save due to the rising cost of living. So, if you’re facing an urgent repair or unexpected cost that you’re not sure how to cover, our short-term loans with same day approval could help lend some breathing room.
Our customers are typically approved for loans on the same day they apply. However, this might not always be the case if we need more time to review your application. If your loan is approved, you’ll have the choice to spread the cost over 2 to 6 months, offering a small buffer when your budget is tight. You can also choose to repay the loan in full on your next payday without any additional fees.
Resolve unexpected costs with a trusted direct lender
Flexible instalment plans chosen by you
Bad credit applications for same day loans welcome
How much will a same day loan cost?
Our flexible instalment plans allow you to spread the cost of borrowing or opt for early repayment, meaning your loan could vary in cost depending on the terms agreed. Here’s what to expect:
- Manageable loan options: Apply for small same day loans between £200 and £800, or up to £1,500 as a returning Moneyboat customer.
- Choose your repayment plan: Select monthly or weekly instalments between 2 and 6 months, or repay in full for free anytime.
- You’ll pay back the total loan amount plus interest: Our daily interest rate is fixed at 0.79% from the start, with no hidden costs or broker fees.
Representative example
See how much your Moneyboat loan could cost if you borrowed £400 on the last working day of the month:
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.
| 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.
Is a same day loan right for me?
Our in-house approval team work hard to review applications thoroughly and efficiently to help offer loans that can payout the same day. We’ll look at factors like your affordability to make sure borrowing is manageable and won’t strain your finances.
Short-term borrowing is designed to help provide a quick and temporary boost to your budget to help cover financial emergencies, such as:
- Urgent car repairs
- Broken boilers in the winter
- Replacing or repairing essential household appliances
- Unexpected bills
- Emergency travel costs
Though convenient, same day loans shouldn’t be used for non-essential costs.
If you’re worried about your finances, or you’re struggling to cover your priority bills, you’re not alone. Reach out to financial advisors at StepChange, MoneyHelper, and the National Debtline for free and impartial guidance.
How do I apply for a same day Moneyboat loan?
We’ve streamlined our loan application process so you can apply from anywhere, on any device. Share your details and we’ll review your application quickly and securely. In most cases, our short-term loans are approved the same day.
It’s as simple as three steps:
1. Get a quote and apply in minutes
We just need a few basic details to complete our eligibility and affordability checks.
2. Review and sign your loan agreement online
Once we’re happy with our background checks, we’ll share your formal loan agreement via email for you to read and sign.
3. Funds paid in just 15 minutes*
After final approval, our loans typically payout the same day – often in as little as 15 minutes*!
Am I eligible for a same day loan?
To apply, you’ll need to meet our minimum eligibility criteria:
- 18+
- Regular income of £1,000
- UK resident
- UK bank account
While we conduct credit checks, we also understand that not everyone may have a perfect credit history. That’s why we take various factors into account. For more insights, explore our guides to payday loan eligibility and what to know before borrowing online.
Is Moneyboat a credible direct lender?
Moneyboat is a responsible direct lender, which means we conduct careful eligibility assessments in compliance with the Financial Conduct Authority (FCA). These lending practices help us safeguard your financial wellbeing by reviewing your ability to repay before we approve any funds.
Fair and transparent direct lender
With Moneyboat, you’ll apply directly with us with no broker fees or unexpected costs.
Rated Excellent on Trustpilot
We value your voice. Our Trustpilot reviews help us improve and direct our services.
Easy access to customer support
Our friendly UK-based team is available to help from Monday to Friday (8am to 7pm) on 020 3818 7470. Or send us an email thecrew@moneyboat.co.uk.
FCA-regulated lending
Find Moneyboat on the FCA Register. Our trading name is Evergreen Finance London Limited, and our register number is 674154.
Same day loans: FAQs
What is a same day loan?
Applying for a bank loan can take several days or weeks, often requiring a near perfect credit history. Our same day loans – sometimes referred to as short-term or payday loans – consider all credit backgrounds and provide quick access to cash where you could receive your loan the same day you apply.
How fast will I receive the money?
We work to review your application as quickly as possible. If your bank supports Faster Payments, it’s possible you could receive your cash on the same day. Even if your bank doesn't support Faster Payments, you could still receive your loan on the same day. We could send your money in as little as 15 minutes*, helping you resolve emergency costs without delay.
What happens if I can’t make a payment?
We understand that unexpected circumstances happen, so if you’re struggling to meet your deadlines, call us as soon as possible to discuss your situation.
If you do miss a payment, you may be charged a one-time late fee of £15 if you don’t resolve it within three days of the agreed date. Missing payments can negatively impact your credit score, which is why we encourage customers to discuss any concerns about repayments with us before taking out a loan.
Where can I get free financial advice?
If you find that you’re struggling with your finances and you’re not sure where to turn, there’s always help available. The following third-party support organisations offer free advice:
- MoneyHelper: Government service offering free financial advice by chat, WhatsApp or phone
- National Debtline: Free and independent debt advice by phone or chat
- StepChange: Free debt advice by app or phone
- Shelter: Free advice on debt, housing and healthcare by phone and chat
- Citizens Advice: Free debt, employment and benefits advice
Helpful resources to help manage your budget
Learn more about preparing for borrowing and managing your budget with our handy guides and insights on the Moneyboat blog. Dive into money-saving tips and payday loan guidance to help charter your financial journey.
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