247Moneybox.com
Summary
Good:
Completely online service and you can get a loan by texting them
Bad:
£6 transfer fee if you ask for express transfer
Verdict:
One of the better payday lenders for overall service, they can actually get the money in your account within a couple of hours - only use this company if you're sure you can pay the money back on your payday
247Moneybox.com can lend you between £80 - £800 although new customers can only borrow up to £200. Taking out loans regularly will prove to them that you are responsible at paying them back.
New customers can apply online and existing customers can apply online or via text. You can apply by texting them with a PIN number you will be given after your initial application. For new customers, you will need to complete the application form on the website. Once you have completed the form, it will be passed onto a representative for further checks. They will contact you if they require any further information. You can get your money within 2 minutes of approval!
Don't be put off by the high APR they charge 1.1% on the balance daily, so the quicker you pay back the loan, the less you pay. They payout extremely quickly for a small fee which you don't have to pay up front. 247Moneybox.com are known for getting your money to you quickly, so they are a good option if you need money fast. If you do run into problems with them, make sure you do everything in writing and make copies of it just in case the problem goes further. Also, they may contact your place of work if you run into payment trouble.
How much will it cost to repay a 247Moneybox.com?
800
80
35
7
5784.3
5
1
days
200
20
2
0.3225
f
0
Loan Calculator
Loan Amount £
Loan Term days
Total To Repay
£
Total Cost
£
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Customer Reviews (19)
"Beware!!!"
Sammie , East Sussex
Hi guys just thought I would write up my experience with these guys, obviously using payday loans r a last ditch resort for getting money and now looking back I really wish I hadn't got involved, like many people Iv come across u may have 4-5 loans out with these payday lenders, I came across 247 moneybox by chance and needed cash so I applied, I was accepted straight away got my pin and the next day I had the funds available......trouble hit home when I realised I couldn't pay all these loans of in the time they wanted so after getting advice from the national debt line they advised me to contact each lender and set up payment plans, all the companies I was dealing with we're so helpful and arranged for payments at a price I could afford over a concession of months :-) happy days.....well no not with 247 moneybox they couldn't give a damn about my situation and claimed they couldn't help until my payment is due then rejected then interest applied!! Then they can help. I was horrified I'm struggling so I have to get myself in deeper debt to gain help.....that is awful!! On my due date I had money in my account to pay the others but 247 took to the whole lot....after complaining which got me now where and speaking to customer service who are so rude and unhelpful I was left with no option :-( they didnt care! I had a remaining blance of 40 pounds which they told me they would freeze intreset on and debit from my account next month a date we both agreed.....finally I was getting somewhere. Well the story continues on that due date they didn't take a penny :-/ very strange seeing as they cleared me out last month alarm bells started ringing so a few days later I logged into my account to pay the remainder, great I was happy my dealings with them were over.....hmmm not likely!! A week later I get my bank statement £140 had been taken from 247 moneybox I couldn't believe it I was so upset and angry so I called them basically they claimed they tried to take the money out on the due date but it was declined, well after speaking with my bank they verified no payment had been taken or tried by 247 monvbox on or around that date they also confirmed I had over a grand in my account so it's hardly gonna decline! I contacted training standards took their advice and complained via email....with in 30mins an account manager called to say it was a cock up on their behalf and the money will be refunded.....bloody too right!! anyways just have ur eyes wide opening dealing with this lender try other companies first 247 have no interest in helping and are on the fine lines of being legal! Good luck and beware.
Hi guys just thought I would write up my experience with these guys, obviously using payday loans r a last ditch resort for getting money and now looking back I really wish I hadn't got involved, like many people Iv come across u may have 4-5 loans out with these payday lenders, I came across 247 moneybox by chance and needed cash so I applied, I was accepted straight away got my pin and the next day I had the funds available......trouble hit home when I realised I couldn't pay all these loans of in the time they wanted so after getting advice from the national debt line they advised me to contact each lender and set up payment plans, all the companies I was dealing with we're so helpful and arranged for payments at a price I could afford over a concession of months :-) happy days.....well no not with 247 moneybox they couldn't give a damn about my situation and claimed they couldn't help until my payment is due then rejected then interest applied!! Then they can help. I was horrified I'm struggling so I have to get myself in deeper debt to gain help.....that is awful!! On my due date I had money in my account to pay the others but 247 took to the whole lot....after complaining which got me now where and speaking to customer service who are so rude and unhelpful I was left with no option :-( they didnt care! I had a remaining blance of 40 pounds which they told me they would freeze intreset on and debit from my account next month a date we both agreed.....finally I was getting somewhere. Well the story continues on that due date they didn't take a penny :-/ very strange seeing as they cleared me out last month alarm bells started ringing so a few days later I logged into my account to pay the remainder, great I was happy my dealings with them were over.....hmmm not likely!! A week later I get my bank statement £140 had been taken from 247 moneybox I couldn't believe it I was so upset and angry so I called them basically they claimed they tried to take the money out on the due date but it was declined, well after speaking with my bank they verified no payment had been taken or tried by 247 monvbox on or around that date they also confirmed I had over a grand in my account so it's hardly gonna decline! I contacted training standards took their advice and complained via email....with in 30mins an account manager called to say it was a cock up on their behalf and the money will be refunded.....bloody too right!! anyways just have ur eyes wide opening dealing with this lender try other companies first 247 have no interest in helping and are on the fine lines of being legal! Good luck and beware.
"HIGH CHARGES WAY TO MUCH INTERST"
ANON , STAFFORDSHIRE
AVOID THIS COMPANY AT ALL COSTS THEY BREAK EVERY DATA PROTECTION RULE IN THE BOOK LEAVING MESSAGES ON ANSWER PHONES WITH PERSONAL DETAILS ON REGARDING THE LOAN, FINE IF YOU WANT EVERYONE INCLUDING YOUR WORK COLLEAGUES TO KNOW YOU HAVE TAKEN OUT A LOAN, THE AVERAGE LOAN OF £200.00 WILL COST YOU £500.00 IN JUST TWO MONTHS IF YOU DEFAULT OR HAVE PROBLEMS £100.00 IN INTERST AND CHARGES IN LESS THAN 30 DAYS, INFORMATION HAS BEEN PASSED TO DATA PROTECTION BECAUSE THEY ARE NOT WORKING TO ANY CODES OF PRACTICE CERTAINLY NOT IN LINE WITH THE FSA - PLEASE DO NOT USE THESE THEY ARE RUDE, PUSHY AND MAKE YOU AGREE TO CHARGES AND PAYMENTS THAT YOU CAN NOT MAINTAIN.
AVOID THIS COMPANY AT ALL COSTS THEY BREAK EVERY DATA PROTECTION RULE IN THE BOOK LEAVING MESSAGES ON ANSWER PHONES WITH PERSONAL DETAILS ON REGARDING THE LOAN, FINE IF YOU WANT EVERYONE INCLUDING YOUR WORK COLLEAGUES TO KNOW YOU HAVE TAKEN OUT A LOAN, THE AVERAGE LOAN OF £200.00 WILL COST YOU £500.00 IN JUST TWO MONTHS IF YOU DEFAULT OR HAVE PROBLEMS £100.00 IN INTERST AND CHARGES IN LESS THAN 30 DAYS, INFORMATION HAS BEEN PASSED TO DATA PROTECTION BECAUSE THEY ARE NOT WORKING TO ANY CODES OF PRACTICE CERTAINLY NOT IN LINE WITH THE FSA - PLEASE DO NOT USE THESE THEY ARE RUDE, PUSHY AND MAKE YOU AGREE TO CHARGES AND PAYMENTS THAT YOU CAN NOT MAINTAIN.
"jurys still out"
noah , wakefield
used these a couple of times over the last year,overall not bad unless you develop a problem as i did changed banks added a new card they collect their money my bank stops them as they were attempting to take it in small amounts and my bank suspected fraud?they eventually got their money a day late after i told the bank it was ok but it destroyed my rating with them, up to then they had been ok.the problem is you are bombarded with texts and calls even at work if a payment fails until its sorted.
used these a couple of times over the last year,overall not bad unless you develop a problem as i did changed banks added a new card they collect their money my bank stops them as they were attempting to take it in small amounts and my bank suspected fraud?they eventually got their money a day late after i told the bank it was ok but it destroyed my rating with them, up to then they had been ok.the problem is you are bombarded with texts and calls even at work if a payment fails until its sorted.
"moneybox"
anon , newcastle
bad bad phone you at work and tell colleagues why they are phoning and telling them the company name .
bad bad phone you at work and tell colleagues why they are phoning and telling them the company name .
"AVOID!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"
John , Midlands
10p per minute, on average 15/20 minutes to speak to them at least. stay away, ask a friend or family.
10p per minute, on average 15/20 minutes to speak to them at least. stay away, ask a friend or family.
"Dirty Scumbags"
Frank Jackson , London
Can't say no more.
Can't say no more.
"Useless, expensive and very slow"
Ben , Leicester
I applied for £100 loan and was accepted my account has now been 4 days saying approved waiting for funding The 2 minute funding for £6 is an absolete joke Tried to call them numberous times and they leave you on hold for 15 mins plus at 10p per minute and never answer. Have also sent them 5 emails to customer.services@247moneybox.com which they never bother to reply to and in the last few days the emails just come back saying there are permanent errors
I applied for £100 loan and was accepted my account has now been 4 days saying approved waiting for funding The 2 minute funding for £6 is an absolete joke Tried to call them numberous times and they leave you on hold for 15 mins plus at 10p per minute and never answer. Have also sent them 5 emails to customer.services@247moneybox.com which they never bother to reply to and in the last few days the emails just come back saying there are permanent errors
"Rip Off"
Srini , London
I applied for a pay day loan, their online application wasn't accepting my pay frequency as i get paid on a specific date monthly, which will change to a day before if it falls on a sunday.... 24/7 didnt accept those dates, asked me to call their customer services, ended up being on hold for atleast 23 mins, hung up re-dialed again, was on hold for 17mins, some one answered, not even a hello, call gets disconnected from their end... I ended up with a 0871 telephone bill for atleast 50 mins with zero in my account..... I wouldnt recommend
I applied for a pay day loan, their online application wasn't accepting my pay frequency as i get paid on a specific date monthly, which will change to a day before if it falls on a sunday.... 24/7 didnt accept those dates, asked me to call their customer services, ended up being on hold for atleast 23 mins, hung up re-dialed again, was on hold for 17mins, some one answered, not even a hello, call gets disconnected from their end... I ended up with a 0871 telephone bill for atleast 50 mins with zero in my account..... I wouldnt recommend
"Please please please look elsewhere"
Bill , London
They may seem appealing but their customer service number is 10p a minute and I guarantee they will keep you on hold for AT LEAST fifteen minutes but probably much longer before answering your call. They have rude staff who fob you off as quick as possible and then if you need to call back you will be on hold again. Every single part of this operation is designed to fleece you of money and its really horrible. Please look elsewhere because the customer service is awful. The first time I used them they were ok but have had huge problems since - and that was with repaying on time. Don't believe the stuff about 2 minute funding either - you'll pay £6 for it but in my experience it was more like 4 days. Don't use this company if you have any pride left!
They may seem appealing but their customer service number is 10p a minute and I guarantee they will keep you on hold for AT LEAST fifteen minutes but probably much longer before answering your call. They have rude staff who fob you off as quick as possible and then if you need to call back you will be on hold again. Every single part of this operation is designed to fleece you of money and its really horrible. Please look elsewhere because the customer service is awful. The first time I used them they were ok but have had huge problems since - and that was with repaying on time. Don't believe the stuff about 2 minute funding either - you'll pay £6 for it but in my experience it was more like 4 days. Don't use this company if you have any pride left!
"Rip off phone contact"
Mark , London
An 0871 contact number generating substantial revenue for them which is why they leave you on hold for as long as possible
An 0871 contact number generating substantial revenue for them which is why they leave you on hold for as long as possible
"helped me out big time"
agnes , croydon
Was in desperate need of some cash as to fill my tank to get to work basically just underestimated my outgoings. Got enough to get me through to my pay date which was only a week away. If I hadn't haave been able to get in to work I'd be in aa deeper mess now. Good service all round aand would recomend.
Was in desperate need of some cash as to fill my tank to get to work basically just underestimated my outgoings. Got enough to get me through to my pay date which was only a week away. If I hadn't haave been able to get in to work I'd be in aa deeper mess now. Good service all round aand would recomend.
"joke"
moses , n.yorks
absolute robery
absolute robery
"Be Very Careful with this firm"
Steve , London
Filled out the form, added all my details including csv number (I realise how stupid that was now) clicked submit details and got told they needed more info. 6 months later £700.00 went missing from my bank account. They have no verisign stamp on their website, which means all your bank details are visible to any member of staff. The thawte stamp just means it's a website. Hope this information helps. If it hasn't got a verisign stamp your details are available to anybody who works in the company.
Filled out the form, added all my details including csv number (I realise how stupid that was now) clicked submit details and got told they needed more info. 6 months later £700.00 went missing from my bank account. They have no verisign stamp on their website, which means all your bank details are visible to any member of staff. The thawte stamp just means it's a website. Hope this information helps. If it hasn't got a verisign stamp your details are available to anybody who works in the company.
"poor"
Edward
really poor and pass you to others
really poor and pass you to others
"frauds liars"
rachel , wiltshire
i never recieved their loan i told them did everything they asked and im still bein chased for money now their saying their gettin solicitors involved for a loan i never had!!!
i never recieved their loan i told them did everything they asked and im still bein chased for money now their saying their gettin solicitors involved for a loan i never had!!!
"sweet wonga"
pauline
this is a great service it helped me when i needed money fast
this is a great service it helped me when i needed money fast
"Happy overall"
Benjamin , St. Austell
I found the overall service good but would recommend very short term borrowing as I have never seen an APR that High before. However, because the amounts they lend are quite small (up to £200 ) if its just something you need until pay day – all be it with a small word of warning about not paying it back on time.
I found the overall service good but would recommend very short term borrowing as I have never seen an APR that High before. However, because the amounts they lend are quite small (up to £200 ) if its just something you need until pay day – all be it with a small word of warning about not paying it back on time.
"Shocking APR!"
James , Yeovil
Had similar experiences to a lot of people who have expressed their views about this loan on various forums, with the main problem being that the APR isn't exactly competitive. Having said that the money was with me extremely quickly after paying a small £20 fee. Not sure if I will use again as I am positive there must be better pay day deals around and I certainly wouldn't dare risk borrowing the full £800 they offer their regular customers in case I ran into any problems.
Had similar experiences to a lot of people who have expressed their views about this loan on various forums, with the main problem being that the APR isn't exactly competitive. Having said that the money was with me extremely quickly after paying a small £20 fee. Not sure if I will use again as I am positive there must be better pay day deals around and I certainly wouldn't dare risk borrowing the full £800 they offer their regular customers in case I ran into any problems.
"Happy customer"
Paul
The website is easy to navigate and very informative. It is an excellent service, I would be happy to recommend you to friends and family.
The website is easy to navigate and very informative. It is an excellent service, I would be happy to recommend you to friends and family.
Help other customers - write a review
Loan Details
Representative APR
5784.3%
Loan Amount
£80 - £800
Repayment Period
Minimum term 7 days
New customers up to £200 - 37 days
Existing customers up to £800 - 37 days
New customers up to £200 - 37 days
Existing customers up to £800 - 37 days
Repayment Method
Transferred into your bank account
Speed to Payout
Funds can be transferred into your account within 2 minutes of approval - This is charged at £6
Arrangement Fee
-
Payment Holidays
None Available
Income Protection Available
No
Average Customer Review
Acceptance Criteria
- You may not need to provide any documents, they will inform you when they receive your application
- You must have a debit card linked to an active bank account
- You must be 18 years of age or older to apply
- You do not need to have a good credit history
- You need to be a UK resident
- You must be employed with a regular income
Charges
Late Payment Fees
- Failed collection fee - £20.00
Default Fees
- Cost per letter sent to you - £10.00
Other Fees
- Money transfer fee - £6.00
Early Settlement Fees
- No Early settlement Fee - only charged up until the date you repay your loan
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