247Moneybox.com
| Some quick information about our 247Moneybox.com review. | |
| APR (%): 5784.3% typical | Loan Amount: £750 (£200 new users) |
| Typical Charges: 1.1% per day | Additional Charges: £6 (transfer fee) |
| Credit Check?: Yes | Debit / Bank Required?: Yes |
| Payment time (estimate): 2 mins of approval |  |
What you need to know:
247Moneybox.com is another payday loans service that allows customers to make payday loan applications on the fly via SMS.
The main things you need to watch out for are the additional charges. 247Moneybox.com don’t charge a registration fee for new applicants.
There is also a £6 charge for same day transfer (this is quite high relative to same day transfer charges from other online lenders) – this charge is added on and above the fee you see on the homepage.
Criteria:
To apply for a payday loan from 247Moneybox.com you must be over the age of eighteen years old, earn a regular income and be a resident in the United Kingdom. You will also need a valid UK bank account and a debit card linked to this account.
Customer Service and Complaints:
On the whole, the 247Moneybox.com team appears to be polite and responsive to any concerns their customers may have.
Overall:
247Moneybox.com is a useful, reliable and intelligent service, however when compared to its nearest competitors it still has work to do in terms of both transparency and the ease of its application process. We believe there are better alternatives out there and we wholly recommend either Wonga or Quick Quid or for loans over a period of one week, Txt Loan.
