Cash loans for your
short-term money needs

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Apply with 247Moneybox.com
Welcome to 247Moneybox.com

15961 Reviews

Rethinking the way we access credit

247Moneybox is an innovative next-generation finance company founded in London, UK. Since 2013 we’re proud to be bringing our award winning service to New Zealand from our Auckland HQ. Lending in the UK since 2009 we think we’ve got a good blend of disruptive technology and superior class leading credit decisioning to give choice, control and flexibility to those looking for credit.

Our goal is simple; we want to provide a fast and convenient way to offer support when you have short-term cash needs. A 'one size fits all' model that some more traditional credit providers take can be frustrating. That’s why we take a different approach and make the entire process as clear and transparent as possible. Based on our UK customer reviews shown above we think they agree.

Lending responsibly

At 247Moneybox not only are we passionate about technology, it's what makes us tick; we’re also fully committed to responsible lending. 247Moneybox payday loans are not designed for long-term borrowing or keeping you in debt, but instead are to be repaid in the short-term. If you need to borrow over a longer period there are other, more suitable forms of credit available. Our service is designed to put you in control of your cash flow, for the times when an unexpected bill arrives.

Implications of payday loan non-payment

Please only consider a 247Moneybox cash loan if you can comfortably afford the repayment. As we may report loan information to credit reference agencies, missing payments could adversely affect your credit rating. This may make it more difficult or expensive to obtain credit in the future. We may also pass your account to a debt collection agency or commence legal proceedings to recover the amount you owe. Interest will continue to be charged from the first day that your loan is outstanding until the loan is repaid at the rate of interest set out in the credit contract. The credit contract also sets out the fees that will be added to the amount you owe if we are unable to collect the amount due. See our questions section below for more information.

What our customers are saying

  • "The website is easy to navigate and very informative. It is an excellent service"

    Cassandra, Birmingham, UK - 247Moneybox UK customer

  • "Thank you very much for the loan which arrived quickly in my account..."

    Tom, Newcastle-upon-Tyne, UK - 247Moneybox UK customer

  • "A very fast service...I would recommend 247Moneybox to friends and family"

    Ben, Catterick, UK - 247Moneybox UK customer

  • "The website is easy to navigate and very informative...."

    Mark, Hornchurch, UK - 247Moneybox UK customer

  • "The service is absolutely fantastic and my payday loan was very helpful..."

    Faith, London, UK - 247Moneybox UK customer

Popular questions

Is 247Moneybox a lender or broker?

247Moneybox is a lender, with our New Zealand HQ in Auckland. We founded our lending operation in the UK in 2009 and have concentrated on living up to our aim of revolutionising the way people access credit.

Since 2013 we’re pleased as punch to be offering innovative and flexible short-term cash loans to hard working Kiwis to help meet short-term cash needs.


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Is a 247Moneybox cash loan right for me?

Our payday loans are designed to offer support for your occasional short-term cash needs. They are not suitable for supporting borrowing over longer periods. If longer term solutions are required, there are other more suitable forms of finance available elsewhere. 247Moneybox is committed to lending responsibly. It is important for you to be able to repay your loan on your next pay date. If debt becomes a worry, there are independent organisations you can ask for advice. Visit www.cab.org.nz or www.familybudgeting.org.nz for advice. All your personal details collected by us are sent over a secure SSL connection.


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What are some of the risks of borrowing?

Our loans are designed to offer support for your occasional short-term cash needs. Before applying for a loan please consider if it is suitable for your situation. There are implications for missing or not making a payment.

If you default on a payment, you will continue to pay interest charges at the default interest rate of 730% (or 732% in a leap year) per annum on any overdue amount for 60 days after repayment is due. In addition, the default fees specified below will also become payable:

  • Failed collection fee: $50 on day 1
  • Default administration fees as per the following schedule: Day 14 $10, Day 21 $10, Day 28 $10, Day 35 $10
  • A debt collection agency fee of $50

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How do you lend responsibly?

24/7 Moneybox is committed to lending responsibly at all times. Read all about how we lend responsibly here.


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What are the requirements for a loan?

You can apply for a payday loan if you are aged 18 or over, live in New Zealand with a New Zealand bank account and are employed with a regular income.


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What are your charges?

Our fee structure is straightforward and set out below:

  • $38 Establishment fee
  • $7 Direct Debit set-up fee
  • An optional $10, 24 hour Fast Process fee, or if you are happy to opt for the Standard Process, there is no charge
  • Interest is charged by the day at 2% of the amount borrowed (730% or 732% in a leap year) per annum) and the applicable fees (Establishment, Direct Debit set-up and if selected Fast Process Fee)

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How long will it take to transfer my loan?

We have two processing options available, Fast and Standard.

Our Fast Process costs $10, which is collected along with accrued interest on this amount when you repay your loan. Fast Process ensures that once your application is approved and eligible for funding (see below), funding instructions will be sent to our bank/payment provider within 24 hours. We submit batches of funding instructions every business day, subject to any unscheduled or scheduled system downtime.

The Standard Process, whereby we send funding instructions to our bank/payment provider within 72 hours once your application is approved and eligible for funding (see below), is free.

Important information: For both the Fast and Standard process, payment instructions are only sent to our bank/payment provider once your application has been approved and on the date stated in your credit contract, NOT from the time you apply. As a responsible lender we have a number of checks to conduct before we can approve your application including, in some instances, a discreet call to your employer. Once we have instructed our bank/payment provider to make payment then the rest is down to the bank/payment provider network regarding the actual time it takes for the funds to show in your account. This can take up to 3 working days. As you can appreciate this is out of our control. We have every confidence in our systems and processes, however if you feel we have not met our time commitment then let us know.

Our website is available 24/7, subject to any unscheduled or scheduled system downtime. If you are a new customer you can apply for a loan over the same time period however, we are only able to process your application during business hours. If you are a returning customer, you can login to your online account and request a new loan 24/7. In some cases we may be able to process and approve your application for another loan 24/7, however, as a responsible lender we may need to carry out further checks, for example if we haven’t heard from you for a while. We carry out these further checks during business hours.


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Can I extend my payday loan?

No. 247Moneybox loans are designed for short-term borrowing. We take our commitment to responsible lending seriously and want to ensure you can repay your loan comfortably. If you require a longer term solution there are other more suitable forms of finance available elsewhere. If debt becomes a worry, there are independent organisations you can ask for advice. Visit www.cab.org.nz or www.familybudgeting.org.nz for advice.


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