How much can I borrow?
Between £80 and £200 for new customers, or up to £800 for existing customers.
When can I receive the loan?
Applications take several minutes, and once approved, instructions for a transfer will happen on the same day if you applied before 3pm. If you applied after 3pm they will be sent on the next working day.
What does this company offer?
247Moneybox offers a clear process, aiming to provide a flexible and convenient service.
Am I eligible?
To apply with 247Moneybox, you must be at least 18 years old, a UK resident and have a bank account and debit card. You must also be employed with a regular income.
Your credit history will be assessed when you apply, but you do not need perfect credit. They only allow one loan per household at a time, and you can repay your loan early if you want to. Their interest rate is capped at 0.8%, and you may be charged up to £15 for a late repayment. If you will have trouble repaying the loan on time, they ask that you contact them to arrange an alternative plan.
247Moneybox.com, 145-157 St. John Street, London, EC1V 4PY