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247MONEYBOX REVIEW - Payday Loans

• 247MoneyBox have been providing an online payday loans service since 2006.
• They have a secure application form and procedure on their website.
• The procedure for getting a payday loan with 247MoneyBox is all online and takes less than 5 minutes (according to their website). They will ID check you.
• 247MoneyBox provide a same day loan transfer service direct to your bank account for £6 only. This is one of the cheapest same day transfer fees out there.
• Interest is also charged on this £6 same day transfer fee but, at 1.1% a day, it only adds about an extra £2 and the total is still well below £10.
• The finance charge of £33 for every £100 borrowed is higher than most others when compared across the payday loan sector.
• Advantages: 247MoneyBox are one of the very few payday lenders that allow registered customers to use their loan services by SMS or TEXT message which is convenient for managing your account on the go from a mobile phone.
• 247MoneyBox offer their online payday loans services to the self-employed (at the underwriter's discretion) and those who receive wages on a weekly basis as well as monthly. This is welcome news.