247 Moneybox

247 Moneybox - quick unsecured loans

When we opened our doors to society in 2009, we wanted to bring change as far credit advance is concerned.

We wanted to do things a little bit different compared to what traditional lenders do. Short term loans are often needed just for a short duration and normally aren’t a lot of money. It is usually to fix an important errand that can’t wait until payday or until you have money.

247 Moneybox and responsible lending

The last thing we want is to have our clients indebted to us for the rest of our lives. Instead, we want to teach our customers how they can change their finances by only having credit that is necessary. If you want something and you don’t have money for it right away, ask yourself if it is important and if your answer is “no”, then surely, that is not an item worth getting into unnecessary debt for. Furthermore, we would never loan clients who are not in a good financial state.

We are not designed for long-term borrowing

As previously mentioned, we want our customers to use our services and pay off their payday loans in the shortest time possible. The longer your loan drags on, the more interests you will be liable for paying.

What are the consequences of late payment?

As understanding as we try to be, we also have to ensure that our customers understand that the longer they take to pay us their personal loans, the more difficult it will be for us to loan them in future.

247 Moneybox Services

As much as we strive to meet every client’s needs, we know that we will not be able to keep everybody happy.

As such, it is important that customers know that our instant loan services are not for people who are looking for credit for longer periods. Instead, we only borrow money to people who are due to pay back their advances in a short period of time.

What are the criteria of a 24/7 Moneybox loan?

• A client should be 18 years or older in order to apply for credit
• The client should be a United Kingdom occupant
• The client should be working and earn a regular salary
• The client should be in possession of a local bank account

How much can I borrow?

The amount of money you can borrow ranges on your relationship with us. If you are loaning money for the first time us, you will only be liable to take out a short-term loan of $200. This is because you are still new and we don’t know how your payment patterns are.

As you gradually become a consistent client, we will increase the amount. However, it is important that you only borrow the amount that you need and nothing more.

The largest amount we will be loaning you is $800. However, this all depends on how good and consistent you pay back your loan.