Flexi Loan

It’s ok if you need to change when you pay, or if you need to take a short break from making payments

£100 – £1000

13 – 32 weeks

169% APR

Payment holiday dependent on term

Pay by card, Direct Debit or Paypoint

Cashback reward

2% cashback at the end of loan if no payments are missed

Joint loans available

We’ll call you within 3 working days

Can I apply?

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 a job).
• 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 you are bankrupt.
• You have or are applying for an
IVA (Individual Voluntary Arrangement).
• You have or are applying for a
DRO (Debt Relief Order).

Is a Flexi Loan right for me?

Stuff happens. We understand that things don’t always go to plan.

Let us know if you need to change the day you pay, or skip a payment one week because you need the money for something unexpected.

You can apply online, speak to someone over the phone, or go into your local branch to apply face to face – whatever works best for you.

Our team are here to make your life easier.

How do I apply?

Apply online. Use the slider below to start

Call us on 0345 643 1553

Pop into your local Moneyline branch

Apply now

How do we compare to other lenders?

Based on a £500 loan for 26 weeks

Total amount to repay £780.00

save £141.43

Total amount to repay £638.57

Total amount to repay £977.52

save £338.95

Accurate as of 15th October 2021. For exact quotes, please refer to each company’s website.

FAQs

Why do you do a credit check?

A credit check will show us information from things like other loan providers, gas and electricity companies and catalogue companies. We carry out the credit check to see what your credit commitments are and how you are managing them.

If I have missed some credit payments will this be a no to my loan application?

We realise that things happen which means you may miss some credit payments. That's why we talk to you about missed payments during the loan application to understand why and if a loan now is affordable for you.

What are the payment holidays?

We understand that things don’t always go to plan and you may need to skip a payment one week if something unexpected comes up. So that you don’t need to worry if you have to do this, you have a set amount of product holidays that you can automatically take with your loan. You won’t pay any extra interest but your loan will take a little bit longer to pay off.

What is the 2% cashback?

If you make all your loan payments on time we will pay 2% of your loan amount into your bank account when you have fully paid off the loan. If you have a loan for £800 this would mean we would pay £16 into your bank account just for making your payments on time!

What should l do if I am struggling to make my loan payments?

First of all, don’t worry, we understand that things change and we are here to help. The important thing is to talk to us as soon as possible as we will work with you to agree an affordable repayment plan that works for you. We also may be able to offer payments breaks and interest breaks on your loan. Call us on 0345643 1553 or use the existing customer page on the website to get in touch.

If you need any support with debt or money worries these advice services could help. They offer free and impartial money advice that could help with your finances.

Step Change Debt Charity – 0800 138 1111 www.stepchange.org

Money Advice Service – 0300 500 5000 www.moneyadviceservice.org.uk

I already have a loan. Can I take out another one?

If this is your first loan with Moneyline we need you to pay off your loan in full before applying for another loan.

Do you charge fees if I miss payments?

We don’t charge late payment fees but your total cost of credit may go up if you make your payments late as you won’t be reducing your balance. If you don’t make payments and we take your loan to recoveries we will add the court fees to the balance you owe us – but don’t worry, you will have lots of chance to discuss your loan with us if you are struggling, before it reaches that stage.

E Loan

Borrow £1000 – £2000

For 12 – 24 months

99% APR

A fully automated online process

Get a bigger loan over a longer time, and pay by monthly direct debit

Apply and manage your account online or on the app

Loan decision and money within 3 working days