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The Money Hive

The Money Hive payday loans logo

WARNING:
Late repayment can cause you serious money problems.
For help, go to The Money Advice Service

Lender Overview

The Money Hive is an online direct loan lender offering short term instalment loans of up to £1500. Loan durations are from 1 month to 12 months for short term instalment loans. The Money Hive offers an online customer account service where you can apply for new loans, view outstanding loan details and update your personal details.

Transfer Time

The Money Hive offers loans everyday. Successful applicants will have their loan transferred to their nominated bank account via Faster Payments as a free of charge service. Funds take an average of 4 hours to arrive in their customers' bank accounts.

Loan Repayment

On the agreed repayment date, The Money Hive will collect the agreed repayment amount from your nominated debit card.

Application Criteria

  • You must be aged over 18
  • You must be a UK resident
  • You must be employed (in some circumstances other forms of income may be considered)
  • You must meet the affordability and credit checks which The Money Hive will request

Regulation

The Money Hive is authorised and regulated by the Financial Conduct Authority.


 

Instalment Loan

Min loan amount

£50

Max loan amount

£1500

Min loan duration

1 month

Max loan duration

12 months

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Representative Example: £300 loan for 3 months with 3 repayments of £152.65. Total Repayment £457.95. Interest rate: 292% pa (fixed). Representative 1261.0% APR

E: customercare@themoneyhive.co.uk