Who are Moneyboat?
Money Boat Loans is a UK-based money lender that focuses on providing people with affordable, alternative short term loan options. Concentrating on loans of small amounts; running from £200 to £800 for first-time borrowers, this lender aims to help people who suddenly find themselves needing a small amount of cash and who do not want to have to be repaying it back over a long period of time.
With instalment options ranging up to a maximum of just six months, Moneyboat loans are designed to be short term. Following a successful loan, repeat customers can then be eligible for larger loans; rising up to £1,500. The lender also provides the option of you repaying your loan back early if you suddenly find yourself able to, and unlike some lenders, will not charge you any fees or penalties for doing so. Featuring clear, easy-to-understand charges and repayment plans, as well as a straightforward, simple, online application process, Moneyboat loans are designed to provide you with quick loans.
The approximate interest for borrowing £100
CashUpJar is an authorised and regulated credit broker – not a lender: Rates between 9.3% APRand 1294% APR – your no obligation quote and APR will be based on your personal circumstances – we compare short-term loans from over 50 lenders to get you the best APR possible for you. Loan term lengths from 3 to 36 months.
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Who can apply for short term loan?
All applicants looking to borrow money from Money Boat Loans must be in either part-time or full-time employment, be aged at least 18 and have a net monthly income of at least £1,000. Featuring only responsible lenders on CashUpJar, this lender will perform a credit and affordability check on your application before approving it or not. If you have a bad credit rating then they may still be able to help you, as they specialise in providing loans to people who have been declined by mainstream lenders.