How do I get a wage day advance?

To begin with, you’ll need to fill out an application for your loan online. This leg of the process usually only takes a few minutes to complete. You’ll provide some information about yourself and your circumstances, such as:

  • Name
  • Age
  • Address
  • Employment status and current mployer
  • How long you’ve been with your employer
  • Your average income per pay period
  • Pay frequency
  • Desired loan amount (between £200 and £800)
  • Monthly expenses
  • Bank account information

All these questions aid lenders in determining affordability. You must be at least 18 years old and currently employed in order to qualify for a wageday advance loan, from Moneyboat. You’ll also need to have a valid U.K. address and bank account. Your income, how often you’re paid, and your monthly expenditure will help us gain insight into your ability to repay and roughly when your payment dates should be.

Once approved, we’ll use the information that you provided to deposit your loan directly into your bank account. Your money should appear quickly depending on whether your bank allows same-day access to deposits. If not, you’ll be able to use the money by the following day.

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We do all we can to bring you interesting, practical and valuable information. However, please understand the following:

  • Moneyboat.co.uk are in no way connected or affiliated with the application or affiliate links mentioned in this or any article. We do not receive any commission and are not responsible for any charges that may result from any free trials or paid subscriptions.
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If you feel that any of the information published on our blog is not accurate, please notify us via email at thecrew@moneyboat.co.uk.

Representative Example: Borrow £400 for 4 months: 3 monthly repayments of £156.09 followed by a final repayment of £156.07. Total repayment £624.34. Interest rate p.a. (fixed) 288.35%. Representative APR 1,267.9%. 

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Warning: Late repayments can cause you serious money problems. For help, go to www.moneyhelper.org.uk.