The Moneyshop Loan Alternative
Are you looking for a short term loan or the Moneyshop Loan alternative but you’re not sure where to turn? Here at LoanPig, we can provide you with all of the help that you need.
Who are The Moneyshop?
Moneyshop are a short term loan lender. They offer short term loans through their network of high street shops all around the UK. The Moneyshop do not have a facility to lend online now, if you want a loan with them you have to visit one of their shops.
How Much can you borrow with a Moneyshop loan?
The Moneyshop offer loans from £50 upto £2000.
Moneyshop’s Representative Example: £300 borrowed for 4 months. Annual interest rate of 292% (fixed). Total amount repayable is £582.65 in 3 monthly instalments of £145.72 and a final instalment of £145.49. Representative 1140% APR.
LoanPig’s Representative example when you borrow £300 over 3 months @ 292% pa (fixed) Total repayment: £457.95 in 3 monthly payments of £152.65. Representative 1261% APR. Loan duration 3-12 months and fixed APR 292%, but this can vary dramatically when you choose the number of months you wish to repay the loan.
What Period Can I Take A Moneyshop Loan over?
The Moneyshop allow you to pay back the loan over a period of 1 – 6 months
LoanPig’s short term loan terms are anything between 3 month and 12 months, you choose to suit you!
How Do LoanPig Compare?
While it’s important to trust the company you borrow from, loans like Moneyshop aren’t necessarily the best option. Doing your research, and looking at all of the different options that you have available can help you to make the right decision.
Whether you’re looking for a payday loan, a short term loan, or you’re simply searching for a range of different options before you make your decision, you can be sure to find all of the information that you need right here at LoanPig.
Conclusion
It’s now up to you. We believe that LoanPig offer an excellent short term loan alternative to Moneyshop loans. We are a premium direct lender and broker offering quick loans between £100 and £1500. As an online lender, our process is quick and smooth which means you can get funded in as little as 1 hour after applying, if approved of course. Our services have already helped thousands of people across the UK, some of which had bad credit!
Make sure the lender you choose is FCA-authorised, then you’ll know you’re in safe hands. LoanPig is a fully authorised direct lender and broker.
If you have any further questions, be sure to read our FAQ’s or get in contact with our team today!