247 Moneybox loans
£10 to £400
247 Moneybox are online payday loan lenders that offer short term loans from £10 to £400 from 15 to 46 days. New customers are able to apply for a maximum loan of £200. Once a loan has been paid in full at the regular payment dates, you are then able to build up a trust to enable further loans of up to £400 made available through your personal account online, 24 hours a day for swift payment.
About 247 Moneybox
247 Moneybox are online payday loan lenders that offer short term loans from £10 to £400 from 15 to 46 days. New customers are able to apply for a maximum loan of £200. Once a loan has been paid in full at the regular payment dates, you are then able to build up a trust to enable further loans of up to £400 made available through your personal account online, 24 hours a day for swift payment. 247 Moneybox loans are a fast and convenient instant direct payday lender, with easy to use website and a mobile app for on the go advice and applications.
Representative Example: Total amount of credit £80, duration of the agreement 29 days, rate of interest 292% per annum (fixed), total amount payable (in one repayment) £98.56. Representative 1281.8% APR.
How quickly do I get my loan?
247 Moneybox fund their loans during normal business hours, Monday to Friday 9am to 5pm. Your loan will be paid out the same day via Faster Payments if approved before 3pm and this is free of charge. Some existing customers can request loans via the My Account facility on their website and in some circumstances, in this case loans can be paid out 24/7.
How do I repay my loan?
247 Moneybox Loan repayments are collected on the agreed date directly from your debit card this will usually coincide with your regular wage payment date. You should ensure that you have the funds available in your account on the day of repayment.
What happens if I miss payments?
Please endeavour to make sure your make payments regular and on time. If you are unable to meet your agreed repayments, you should contact the customer care team at 247 Moneybox as soon as possible on 020 7183 8078. 247 Moneybox will add a one-off fee of £15 to your loan balance if you miss a payment or make a late payment, this charge is added to your account on the first day after your agreed repayment date. It is important to realise that missed payments can leave a negative footprint on your credit score and can affect future loan applications. The customer care team are able to help with unforeseen financial problems, and it is much better to make an early call to them rather than missing a payment.
Loan Qualification Criteria
• You must be at least 18 years old to apply
• You must be in either full time or part time employment
• You must be a UK citizen
• You must have a UK bank account with a valid debit card
• 247 Moneybox is authorised and regulated by the Financial Conduct Authority
• Members of the BCCA
020 7183 8078 firstname.lastname@example.org www.247moneybox.com
Please be aware: Defaulting on your loan will negatively impact your credit rating! Late repayment can cause you serious money problems please be sure you can take on a loan. For facts on borrowing and advice we would recommend the following unbiased organisations: