Warning: Late repayment can cause you serious money problems. For help, go to MoneyAdviceService.org.uk
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  • Loans from £50 – £25,000
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Representative 305.9% APR. Representative example: £400 borrowed for 90 days. Total amount repayable is £561.92 in 3 monthly instalments of £187.31. Interest charged is £161.92, interest rate 161.9% pa (variable)
We are an Introducer Appointed Representative of Quint Group Limited, who are a credit broker not a lender. moneybolt Introduces customers to Monevo Ltd who are an Appointed Representative of Quint Group Ltd. for the purposes of obtaining a loan. LoanLoad does not provide any loan or consumer credit products directly.

Unsecured Loans

Warning:
Late repayments can cause you serious money problems. For help, go to moneyadviceservice.org.uk

Loans subject to status. Over 18s only. Minimum loan amount may apply.
Rates from 4.5% APRC to 65.2% APRC are available – the highest rate is for customers with severe credit problems. Loans available from 1-25 years. TYPICAL 10.9% APRC variable

Why people choose us

Low Representative APR

APR takes into account the amount of interest that will be charged to you for borrowing a certain amount of money.

Fair, Fixed Interest Rates

We won’t try and fool you by luring you in on a low-interest rate only for it to change later.

Potential to Payoff Your Loan Early

Some lenders and brokers arrange loans with flexibility at the centre of what they do.

We can Arrange Loans up to £25,000

Apply today and the loan you are looking for could be arranged by our lenders or brokers within a few minutes.

Cash Advance Payday Loan: A Quick Guide

Sadly, a lot of people today do not have enough money at their disposal to cover emergency situations. Therefore most are simply getting by paycheck to paycheck. Now, when the car suddenly breaks down how will you pay. What if a family member gets rushed to the hospital, where will they get the money? Also if cash runs out and the next paycheck over a week away, what will they do to survive? In these times of dire need, seems like a cash advance payday loan can be a lifesaver.

The Process of taking out a Cash Advance Loan

Cash Advance loans are short-term, unsecured and designed to bridge the gap between paychecks when the need for cash arises. There are plenty of places where you can take out the loan, both online and offline. Whether it means driving to the nearest cash advance loan bank where you will have your credit meticulously looked over. Consequently submitting an online application, the process follows virtually the same steps:

  • You are required to fill in some personal and financial information relevant to the loan, like Identification Card, paycheck stubs, and bank account details
  • Make a loan request for a certain amount of money. The money can be secured by a check or via bank account debit authorization.
  • Agree on a certain payment term. The term will include the full amount plus interest rate to be paid for a certain period of time, mostly in your next payday.

Receive the money through electronic bank transfer

Bear in mind that there are a few factors that will decide on the amount of money that you can borrow such as your monthly income. Credit history is not a deciding factor, though, which is why cash advance loans are popular credit options among individuals who can’t avail for traditional financing due to bad credit ratings or those who don’t have an existing credit history at all.

How Does it Work?

For instance, you have a medical bill that you need to cover and decide to take out a £400 cash advance loan to cover the expense. You will issue a post-dated personal check of £440 (the £40 being the loan’s interest rate) addressed to the lender. You show this information in your online application and the lender approves your request and transfers £400 to your bank account with the agreement that you will pay £440 in a certain period of time, usually 14 days or in your payday. When the time is up, you pay the lender £440 in cash, allow them to deposit the post-dated check, or make another post-dated check for the said amount including the interest rate charges.

However, if you fail to pay off the full amount plus interest rate, the lender has the power to charge you even further making the loan very costly. This is why it is very important that you make the proper repayments when taking out a cash advance from a payday lender because you will never know such a small, short-term loan can become a real thorn in your financial health when the extra charges come crashing in.

Who are the Borrowers?

Every year, millions of people avail for cash advances from payday lenders. The loan is designed for speed and accessibility which makes anyone with a checking account and a reliable income a potential borrower. Mostly, borrowers who do not have access to credit cards or savings accounts are the primary customers of this type of credit. Also, people who have bad credit history or do not have an existing credit history (this can be true to most fresh graduates and young adults still in the early stages of their career) are regular costumers since lenders normally do not require credit checks when evaluating loan applications. It is a great option for those that are desperate for a loan.

What Are the Benefits?

In times of emergency situations, cash advance loans can be an option worth considering especially if you don’t have access to credit cards. You can easily turn on a cash advance loan lender and get the money that you need to cover up medical bills, car repairs, and anything that requires urgent financing, without much delay. Most importantly, if it is too difficult to apply for traditional financing because of your credit history, then having this loan would prove useful. And if you suddenly run out of cash and it is still a long way before you get your next paycheck, you might just be glad that there is a payday lender just around the corner.

Competitive Examples From Other Companies

Loan amount
1000-15000
Loan term
1-5 years
CUSTOMERSCORES
Very flexible
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Loan amount
1000-35000
Loan term
1-10 years
CUSTOMERSCORES
Excellent
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Get matched with a qualified lender today!

You will need to be over 18 and a UK resident with a valid UK address. You must also have a monthly income (from benefits or a job) and a UK bank account.

Warning: Late repayments can cause you serious money problems. For help, go to moneyadviceservice.org.uk

3 most recent personal loan reviews

Review of Avant

The online application is fast and efficient! I was hesitant about "linking in" to my online bank account......However this made the whole application process far quicker! I can honestly recommend Avant - especially if you are worried about being judged on any previous credit history problems......Avant didn't do that! Just a thorough and fair service with good APR.

Review posted by Trevor Donahue, Derry

  • Customer Service
  • Flexibility
  • Ease Of Use
  • Value For Money

Review of Lending Works

Seamless and fluent from application to funds available. Outstanding rate, not match-able anywhere! I can't recommend any higher! Thank you, greatly appreciated and very happy customer.

Review posted by Mark Phillips, Portchester

  • Customer Service
  • Flexibility
  • Ease Of Use
  • Value For Money

Review of Zopa

I do have to say one of the best loan sites i have come across, they make everything so easy, with not very good credit history i did't think i had a chance but they accepted me and i can get my life back on track. Thank you again amigo loans.

Review posted by Wayne Crouch, Plymouth

  • Customer Service
  • Flexibility
  • Ease Of Use
  • Value For Money
All Reviews have been acquired from https://uk.trustpilot.com/ to guarantee authenticity.

MONEYBOLT IS A CREDIT BROKER AND NOT A LENDER. We pass your information to a lender once you have been accepted for a plan. We take a fee from the lender only, once you’re approved and we do not add charges to your plan in doing so.

YOU MUST MAKE ALL AGREED PAYMENTS TO AVOID LEGAL ACTION. If for any reason you will be unable to pay the agreed instalment then contact us immediately. Do not ignore the issue as a default payment will not solve itself.

NEVER BORROW MORE THAN YOU CAN AFFORD. Defaulting on payments can lead to serious and life changing financial issues. Make sure you only accept an agreement that is within your ability to repay.

MoneyBolt.co.uk is a registered trading style of Serpable Ltd, which is an Introducer Appointed Representative of Quint Group Limited and is entered on the financial services register under the reference number 780328. Quint Group Limited is authorised and regulated by the Financial Conduct Authority and is entered on the Financial Services Register under reference number: 669450. Serpable Ltd is registered in England and Wales (Company number: 10699069), Registered Office, 17 Collingbourne Avenue, Bournemouth, Dorset. BH6 5QR.

Scam Alert – Beware of impersonators, we will NEVER EVER ask for upfront payments, transfer fees or vouchers to guarantee a loan