Don’t let an emergency expense ruin your day - our loan can be funded quickly and applying online is simple. New customers can borrow from £200 to £800 and existing customers can borrow up to £1,500, subject to passing our credit and affordability checks.
Apply for a loan hassle-free with an easy application process.
Get the money you need sent directly to your bank.
Funding can be released to our approved customers within 15 minutes.*
Free application process with transparent borrowing charges.
What can I use an emergency loan for?
You can't always plan for every unexpected expense you may face, and even when you try, sometimes you might have to pay more than you had planned. In any case, we understand how stressful it is when you need cash in an emergency. Our payday loan can be used as an emergency loan which can be taken for a short period to help you pay for an unexpected expense that can’t wait until payday.
Many of our customers need cash to pay for essential costs, like car maintenance, fixing their washing machine or paying dentist bills, for example. These types of loans are also sometimes called payday loans or instant loans as they typically provide a way of getting access to cash quickly, once you’ve been approved.
Trusted Direct Lender
We directly lend payday loans to our customers without involving any brokers.
Multiple Borrowing Options
Approved new customers could borrow £200-£800, and existing customers could borrow up to £1,500 upon passing credit and affordability checks.
No Guarantor Needed
You don't need a guarantor to apply for our payday loan, as we provide an affordable loan solution based on your financial requirements.
Our experienced team is here to help you with any questions you may have throughout the application process.
Moneyboat's service is rated Excellent
Can I get an emergency loan with bad credit?
For our Payday loan, we offer a human approach to lending and will always keep an open mind when assessing your application for an emergency loan with bad credit - even if your credit record isn’t strong enough for a credit card or a bank loan. We will look at factors like income and outgoings to help us make up our minds, as opposed to just focusing on credit scores.
However, if you have CCJs or bankruptcy on your record, we might not be able to offer you an urgent loan. We have a minimum level of requirements that we need all our clients to meet before we can offer them our product:
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
Is coming to Moneyboat for an emergency loan right for me?
When you’re looking for a loan, consider the following:
What do you need the money for?
How long do you need to borrow money?
How much do you need to borrow?
What is your credit rating like?
What can you afford to repay?
How much income do you have coming in?
What are your outgoings?
How do you want to repay your loan?
If you can answer all of these questions, then you might find that an emergency loan is the right choice for you right now – you might also want to explore some payday loan alternatives if a short-term loan doesn’t feel like the right solution for you.
Based on the last working day of each month
Interest rate 255.5% pa (fixed) Representative 939.5% APR
Warning: Late repayments can cause you serious money problems. For help, go to www.moneyhelper.org.uk.