Moneyboat Loans – Compare Alternatives
Looking for options beyond Moneyboat loans? Lending Stream is a direct lender offering short term loans from just £50 to £800. Existing customers can borrow from £100 to £1500. We offer short term loans to UK customers and provide instant decisions. If approved, we’ll send the funds to your bank in 90 seconds*. Try Lending Stream today.
Representative Example: Given a Representative APR of 1271%, if you borrow £300 over 6 months at 292% p.a. (fixed), you would owe 6 equal repayments of £96.39. You will repay £578.36 in total.
Not all applications will be approved for a loan. An offer of credit is subject to status and affordability checks.
Representative Example: Given a Representative APR of 1271%, if you borrow £300 over 6 months at 292% p.a. (fixed), you would owe 6 equal repayments of £96.39. You will repay £578.36 in total.
Not all applications will be approved for a loan. An offer of credit is subject to status and affordability checks.
Why choose Lending Stream for short term loans?
Trusted
Rated Excellent on Trustpilot with 30,000+ reviews by customers across the UK.
Direct Lender
Lending Stream is a FCA authorised and regulated direct lender, offering short-term loans without any hidden fees.
No early repayment fees
Repay in 6 monthly instalments. We don’t charge for early repayment.
Fast
Apply online 24/7 with decisions in seconds. If approved, cash is sent to your bank in 90 seconds.*
Who are Moneyboat loans?
Moneyboat is a trading name of Evergreen Finance London Limited. They offer short-term personal loans. You can borrow between £200 and £1,500. New customers can borrow between £200 to £800. You pay the loan back over 2 to 6 months.
If Moneyboat approves you, they often send funds within 15 minutes. The time it takes to reach your account depends on your bank.
Lending Stream – an alternative to Moneyboat Loans
When comparing lenders, look at the total cost of borrowing. Check the application process and customer support too. Lending Stream is an alternative to Moneyboat loans. When comparing lenders, look at the total cost of borrowing. Check the application process and customer support too. If you’re considering Moneyboat, Lending Stream may be worth comparing. There are a few differences between us.
Accessible eligibility criteria
Not everyone fits the same mould. So we built our criteria to be accessible. You can apply if you are in regular employment, earning at least £400 a month. Moneyboat’s eligibility criteria ask for a regular income of £1,000. Meeting our lower amount does not guarantee approval. We run a full credit check and affordability check on every application. This makes sure any loan we offer is one we think you can afford to repay.
Borrow from just £50
Borrow only what you need from just £50. Lending Stream lets new customers borrow from £50, well below the £200 minimum Moneyboat requires.
Fast decisions and transfers
Our online form takes minutes to fill in. You get a decision in seconds. This means you’ll know quickly if we can help.
If we approve you, we aim to send funds to your bank within 90 seconds. It may take longer reach your account. This depends on your bank processes.
Excellent customer reviews
We’re rated Excellent on Trustpilot, with over 30,000 reviews from customers across the UK. Our customer service team is on hand if you have questions about your loan or need support with repayment.
Can I borrow from Lending Stream with a poor credit score?
Yes. Even with a poor credit score, you may still be able to borrow with us. When you apply, we look beyond just your credit score. This includes your income, your regular costs, and your current finances.
Approval is never guaranteed. It depends on your credit and affordability checks. Our interest rate is fixed. It stays the same no matter your credit score. Short-term loans are still an expensive way to borrow. Always check you can afford to repay in full before you apply.
Eligibility criteria for short term loans with Lending Stream
To apply for a loan with us, you must:
- Be a UK resident
- Be at least 18 years old
- Have a valid debit card
- Have an active UK bank account
- Have a monthly income of at least £400
These requirements support responsible lending. They confirm a basic level of financial stability. We also run credit and affordability checks on every loan. This helps ensure repayments fit your financial situation.
How to apply for a loan with Lending Stream as a direct lender
Applying for a loan with us is easy. You need to fill out our online form:
- Enter your personal details
- Choose the amount you want to borrow with us
- Provide us with your employment, salary, and expenses
Once we receive your application, we will run affordability and credit checks. If approved, we’ll send the cash to your bank within 90 seconds. It may take longer to reach your account. This depends on your bank’s processes.
Representative 1271%APR
Loan amounts and repayment terms
For new or returning customers, the amount you can borrow with Lending Stream differs:
| Customer type | Minimum loan | Maximum loan | Repayment terms |
|---|---|---|---|
| New customers | £50 | £800 | 6 months |
| Existing customers | £100 | £1,500 | 6 months |
Compare this to Moneyboat, where the minimum loan is £200. Borrowing less, for a shorter term, usually means a lower total repayment.
However, a longer term can mean smaller monthly repayments, but usually a higher total cost.
What to do if you’re struggling to repay
Late repayment may cause you serious money problems. It may damage your credit score. It makes it harder to borrow in the future. Late payments may also lead to extra charges. This increases the total cost of your loan.
If you’re facing financial difficulty, don’t wait. Reach out to us or visit MoneyHelper for free advice. They can help you manage your money better.
Warning: Late repayment can cause you serious money problems. For help, go to https://www.moneyhelper.org.uk/
FAQs – Moneyboat loans alternatives
Is Moneyboat a direct lender?
Yes. Moneyboat is a direct lender. They are not a broker. They are authorised and regulated by The Financial Conduct Authority.
How fast does Moneyboat pay out?
Moneyboat aims to send funds within about 15 minutes of approval. By comparison, Lending Stream aims to send funds within 90 seconds of approval. Your bank’s own processes may add extra time.
Can you repay a Moneyboat loan early?
Yes. Moneyboat does not charge a fee for early repayment. Similarly, with a Lending Stream loan, you can repay part or all of your loan early at any time, with no early repayment fee. Paying early reduces your total repayment.
Will taking out a loan hurt your credit file?
Taking out a loan is a hard search on your credit file, which other lenders can see and can have an impact on your credit score. Missing a repayment can also impact your credit score and may make it harder to borrow in the future.
Can I contact Moneyboat about my existing loan?
Yes. You can contact Moneyboat directly, or use their 24/7 online account to manage your loan.