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The Money Hive

The Money Hive payday loans logo

Late repayment can cause you serious money problems.
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Lender Overview

The Money Hive is a UK based direct online lender that offers short term instalment loans. Customers can apply to borrow up to £1500, over a time period of up to 12 months. Loan applications should be submitted by completing a quick and simple online application form and you will need to enter your personal details as well as financial information, such as your monthly income and expenditure. The Money Hive is a lender that strives to offer excellent acceptance rates so they will consider your instalment loan application even if you have a limited credit history, poor credit score or a bad credit history. Additionally, The Money Hive do not charge any fees for applying for a loan and you can log in to their customer account area to retrieve any existing applications using your email address.

Transfer Time

Once you have successfully completed your online loan application, The Money Hive will complete their credit check and confirm whether your application has been approved or declined. If your short term loan application is approved, you will be asked to sign the loan document electronically and The Money Hive will transfer the loan funds to your bank account shortly afterwards, and often on the same day. It is worth noting that if your loan acceptance is received after 3pm, or at the weekend, your funds may be transferred the next working day so it could take up to 3 days to receive your loan. Applications that are made or approved outside of normal business hours will be processed the next working day.

Loan Repayment

The Money Hive will collect your agreed instalments via Continuous Payment Authority, or CPA, from the debit card that you entered into your application form. You must let The Money Hive know if your debit card details change so that they can update your payment card on their system. If you miss your repayment, you may accrue extra costs on top of your loan, such as a missed payment fee and extra interest so do get in touch with The Money Hive if your financial circumstances change.

Application Criteria

  • You must be over 18 years old
  • You must be a UK resident
  • You must be in permanent employment or be receiving a pension, disability benefit or living allowance
  • You must have a UK bank account with a valid debit card
  • You must meet The Money Hive’s credit criteria and affordability assessment


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


Instalment Loan

Min loan amount


Max loan amount


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