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The Money Platform

The Money Platform payday loans logo

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

Lender Overview

The Money Platform is an online peer to peer platform offering short term instalment loans of up to £1000. Loan durations are from 4 weeks to 12 weeks. The Money Platform 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 Platform offers loans 24 hours a day, 7 days a week. Successful applicants will have their loan transferred to their nominated bank account via Faster Payments as a free of charge service. Funds are usually sent within a few hours.

Loan Repayment

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

Application Criteria

  • You must be at least 20 years old
  • You must be a UK resident with 3 years of address history
  • You must have a UK bank account

Regulation

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


 

Instalment Loan

Min loan amount

£250

Max loan amount

£1000

Min loan duration

4 weeks

Max loan duration

12 weeks

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Representative Example: £500 loan for 6 weeks with one repayment of £647. Total Repayment £647. Interest rate: 255.5% pa (fixed). Representative 839.2% APR

T: 0203 962 1696