24-7 Money Box

Company Name: Active Securities Limited
Site Description: UK Payday Loans - can't wait till the end of the month? Apply online with 24/7 Moneybox for an instant payday loan of £80 to £800.(as on the lender website).
Website: 247moneybox.com

24-7 Money Box payday loans Features

Maximum loan amount: £800
First loan amount: £200
Typical APR: 3214%
Finance charges: 25% per loan term

24-7 Money Box payday loans Eligibility

Have a UK bank account with valid debit card
Must be aged 18 or over
Must be employed with a regular income
Must live in the UK

Our Review

They have been operating in payday loans domain since 2006. They seem to be established and adhere to legal guidelines (disclosing APRs, privacy policy) on their website. They advertise no requirement of faxes or paperwork. They are also one of the very few payday lenders to have implemented the text loans service allowing registered users to apply via SMS.

To know more about this lender do a quick search in the consumer forums of UK and hear what people have to say about it.

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10 comments

I paid them up early and then when it came to the date it was originally due. They tried to take the payment, I called them it took three weeks to put it back in my bank account then 3 months later took over £300 out of my account and referred me to a debt company. and are sending me emails every other day, I have reported them to the FSA for this and have had to cancel my cards etc.

very easy and simple to apply friendly staff and quick transfer, shame about the £2.50 though

I used these guys and I have to say it was pretty easy! My cash was there within 24 hours. I was given the option of adding email addresses of my friends and this wasn't to verify who I was fit was to see if they were interested....obviously I opted out of this! I would use them again as it was quick and easy and helped me out of a very tight spot!

This company charge you £2.50 for admin fees, this is non refundable whether successful or not, they also require you to 'complete' the application my calling up a number charged at 10p per min, or text them where the charges are £1.50 plus standard network charge.

Be cautious.

These people carry out credit checks, not just for ID but for creditworthiness. Another footprint on your credit file, the last thing you need if you are adverse.

Compared to the other lenders out their, I found the applicatoin form easy and teh loan arrived when they said it would - within 24 hours - helped me when i needed cash would use them again in the future thx

they ask u to supply freinds emails to confirm ur identity when i done that ,instead of asking my freinds to confirm my identity only they also bombared them with emails offering pay day loans and also rejected my application where I meatall there requirments dont use them chaps

What lender doesn't tell you is that you are required to supply names and addresses of friends who can verify who you are. I don't want my friends to know my business so didn't use them.

This particular lender requires that you supply the names and addresses of friends/family who can act as a guarantor.

Above comment is not true as i asked the customer services and they said they don't need any guarantors to act on ur behalf