Blog
Warning: Late repayments can cause you serious money problems. For help, go to www.moneyhelper.org.uk.
If women designed money
Moneyboat delves into this gender gap between male and female figures on money, breaks this down to see which countries have the largest discrepancy, and offers an insight into which famous faces we may see grace banknotes if women designed money.
Moneyboat wins another prestigious Credit Award
The last 12 months have been incredible here at Moneyboat. We’ve seen lending levels soar, while our first missed payment rate has plummeted, and we’ve already been named Responsible Lender of the Year. Now, we have another award to add to this list. We’ve been named the winners in the Consumer Credit Team of the Year category at the ‘Oscars of the credit industry’, Credit Strategy’s Credit Awards.
Moneyboat shortlisted for two credit awards
The entire team at Moneyboat is incredibly proud to be shortlisted in not one, but two categories at this year’s Credit Awards. Building on our success in 2021, when were named winners in the Responsible Lender of the Year category, we’re now hoping to add Consumer Credit Team of the Year and Outstanding Conduct in Collections to our growing list of accolades.
Simple ways to save money today
Even without the events of the past two years and the pressure they created on our finances, saving money has long been a priority for many of us. Though most of us want to save money, it’s sometimes difficult to know the best way to do so. Whether it’s sticking to a budget, repaying your short-term loans more quickly or putting cash into a savings account each month, knowing where to begin can be difficult and sometimes overwhelming.
What is an overdraft?
If you’ve never had an overdraft, you may be wondering what they are and how they are used. Overdrafts are a common form of credit in the UK, with around 19 million British people using an arranged overdraft each year. However, there are also unarranged overdrafts, which 14 million people use. So what’s the difference between an arranged and unarranged overdraft and is it bad to borrow through an overdraft?
Your guide to teaching kids about money
School is the right place for kids to learn about maths, English, science and socialisation, but parents play a major role in teaching their kids about money. And by money, we actually mean money management. This kind of learning starts at home, from a very young age and can set your child on the right or wrong path from the get-go.