Need a £500 loan?
Looking for a £300 loan, £400 loan, £500 loan or even up to £1,000?
Moneyline offers small loans to help when you need to spread the cost of a bigger purchase, like a washing machine or an unexpected bill.
I only need a small loan
Finding a £500 loan or smaller can be difficult, but we know for many people it’s only this small amount they need to borrow. We want to make sure you don’t need to borrow more than you need so our loans start at a £200 loan and go up to a £1,000 loan.
How Moneyline small cash loans work
Payment holidays
available
Weekly Payments
No Fees
Cashback if you
pay on time
Pay by Direct Debit, Google Pay or Apple Pay
Can I make weekly payments?
We automatically set your loan to weekly payments as this is the cheapest option. We calculate our interest daily and this means you only pay interest for the time you have the loan. The quicker you pay your loan, the less interest you pay. You can choose other options by speaking to one of our advisors if weekly payments don’t work for you.
There are also no fees or charges for paying your loan early or making extra payments.
What you need to apply
To apply for a loan, you will need:
You can apply for this loan if:
- You are over 18 years old.
- You live in the UK.
- You have a regular income from benefits or income from work.
- You have your own bank account that your income is paid into.
- You agree to a credit check.
We can’t give you a loan if:
- • You are under debt management (paying off debts) or are bankrupt.
• You have or are applying for an
IVA (Individual Voluntary Arrangement).
• You have or are applying for a
DRO (Debt Relief Order). - •You are not managing to pay your current bills
What happens after you apply for your small loan?
As soon as you apply for a loan, you will get an email confirming your application.
Once we have received your application and reviewed your information, we will be in touch within 2 working days, Monday to Friday.
If we need a bit more information, we may contact you by email or phone before we make our loan decision.
How we make our loan decision
We check the information you give us, your bank statements and your credit information to see if the loan is affordable for you now and for the length of the loan. We also look to see if you are managing to pay your other main bills at the moment.
Our aim is to make sure the loan is right for you.
Need extra help with your application?
Once you start the application, we will ask if you need extra help.
You can choose what support you need from the drop-down box and someone will call you back to help you with the application. You can also contact the team by email if you need support.
What you need to apply
Moneyline… We're more than a Loan
