Archive for the ‘Payday Loans’ Category
Tuesday, July 5th, 2011
Press Release - July 5 2011 London, UK – 247Moneybox.com, one of the UK’s fastest growing providers of small short-term loans online, have today announced publication of their Responsible Lending Principles. The firm has expanded rapidly over the last 2 years with daily applications running into the tens of thousands.
“Right from the outset we wanted to make sure all our loans were made responsibly” 247Moneybox.com’s Chief Operating Officer stated. “We have today formalised that commitment by publishing our Responsible Lending Principles, which set out clearly what our customers can expect from us.”
Short-term loans sometimes known as payday loans, have grown in popularity in the UK over recent months as potential borrowers want a greater degree of convenience and flexibility in accessing credit.
“Our loans have been designed so that you only borrow the amount you need and for the amount of time you need it. We think our approach is a sensible way to address occasional cash flow problems” the COO commented.
Other measures 247Moneybox.com have put in place to ensure customers borrow sensibly include:
• Comprehensive credit, ID and employment checks to assess affordability
• Limited loan extensions
• Limited borrowing from 247Moneybox.com in a 12 month period
• Affordable and variable loan amounts based on take-home pay
• A daily interest charge meaning that you only pay for the days you have the loan. Repay early without
any early repayment charges and save money.
Potential customers are encouraged to download the Responsible Lending Principles from the responsible lending page on the website
Ends
About
247Moneybox.com (www.247moneybox.com)
The roots of 247Moneybox.com can be traced back to 2006 with a full launch in 2009. Our aim is simple; to provide a convenient and straightforward credit product that gives the borrower flexibility in managing their loan. Based in central London we have built our business with responsible lending at its core. We hold a consumer credit licence from the Office of Fair Trading and are members of the British Cheque and Credit Association.
Tags: Responsible Lending Principles
Posted in Payday Loans | No Comments »
Monday, November 29th, 2010
Wow, that is incredible! The story reported in the Daily Mail today tells how Megan, 7, managed to spend her parent’s cash right under their noses on virtual clothes and furniture for her virtual pet.
The poor parents only realised when they checked their Paypal account and found almost $400 in PetVille transactions. Understandably they are a little miffed, to say the least, and are trying to get some of that refunded.
Quoting from the article: ‘Dawn said: “We’ve spent all that money and got nothing physical to show for it. Megan does ballet and she needed a new tutu this month. I’ve had to buy a second-hand one that doesn’t even fit her properly because of the money we lost on Facebook. But at least she’s dressed her little pet nicely.” ‘
While it’s incredible that you can actually spend that much on a virtual game in that short amount of time, it does highlight some security issues with Paypal and other payment mechanisms.
Here at 247Moneybox.com we take security incredibly seriously. All of our customer details are securely stored, encrypted over a secure SSL connection verified by a third party. This is to give anyone applying for one of our short term loans peace of mind that their cash advance application and all their details are super safe.
Tags: Daily Mail, Facebook, Payday Loan, Paypal, Petville, Secure Loan, Spend, SSl, Virtual Game, Virtual Pet
Posted in Children, Games, Payday Loans, Technology | No Comments »
Friday, November 26th, 2010
The Government today announced a planned £8 billion investment in the UK railway network. It plans to introduce about 2,100 new carriages on the rail network, which will increase capacity on the network by 17% and enable an additional 185,000 passengers to be carried at any one time.
However, we still have 10 years to wait, as Transport Secretary Philip Hammond admitted the carriages won’t come into service until 2019! Here at www.247Moneybox.com we think that’s an awfully long time to wait before we see improvements!
Commenting on the new carriages, Gerry Doherty, leader of the TSSA rail union, said: ‘Passengers will obviously be pleased that this will ease their cattle truck-style journeys but they still face a giant 30 per cent jump in their fares over the next four years just to pay for the privilege of a seat. So rail passengers will foot the bill now in their rail fares for improvements they won’t see for the next ten years.’
Tags: Cash, Government, Investment, Rail, Railway Network, Train, Train Fares
Posted in Government, Payday Loans | No Comments »
Wednesday, November 24th, 2010
In an ideal world every child would receive a brand new Buzz Lightyear or Baby Annabell on Christmas morning, but can struggling UK families really pick up the bill for all these extra luxuries?
Here at 247Moneybox.com we found that the new research published today by Saga and Netmums drew some interesting conclusions. It shows that the huge pressure on mothers to buy expensive gifts for their children is felt more strongly by younger mothers, who are much more likely to overspend than are older parents and those of previous generations.
Interestingly, among parents born in the 1930s, 61% said they typically spent less than £50 in total on Christmas presents for their families, while among the youngest parents, born in the 1990s, only 14% spent less than £50 and 22% admitted to spending more than £200. Moreover, 63% of the younger parents admitted that they go without things for themselves in order to buy their children presents at Christmas.
So, great news for children with young parents – you are statistically more likely to receive an expensive Christmas present!
Tags: Baby Annabell, Budget, Buzz Lightyear, Christmas, Fast cash, Netmums, Payday Loan, Pestering, Pestering Children, Poor Credit
Posted in Children, Christmas, Payday Loans | No Comments »
Thursday, November 18th, 2010
All of us here at 247Moneybox.com would like to extend our sincere congratulations and best wishes to HRH Prince William and Kate Middleton on the news of their engagement.
Apparently the young prince proposed to the beautiful Miss Middleton while backpacking in Kenya last month, carrying the priceless sapphire ring (once worn by his mother, the late Princess Diana) in his rucksack for three weeks before getting down on one knee!
So expect royal fever to grip our shores once more, with all the pomp and ceremony thrown in and with tourists from all over the world coming to share in the occasion and wish the happy couple well.
Now, the really good news for us Brits is that there will be a national holiday in honour of the wedding (scheduled for spring/summer 2011). What to do on such a day? Well, perhaps you could come to London and join the party. If you’re thinking of coming to the ’smoke’ you’ll need to look into hotels or B & Bs soon, because they’ll be booked up faster than you can say ‘prince and princess’.
Then all you have to do is dust down the old ‘red, white and blue’ and try to remember the second verse to the national anthem!
Tags: B&B, England, Hotels, Kate Middleton, Payday Loan, Prince William, Royal Wedding
Posted in England, Payday Loans | No Comments »
Wednesday, November 17th, 2010
Here at 247Moneybox.com we are delighted with England’s scintillating 35-18 victory over Australia, which equalled their largest margin of victory against Australia and a first Twickenham win over a Tri-Nations team in four years. Hopefully this landmark victory is a good omen for the forthcoming Ashes series. 1986-87 was the last time England beat Australia in an Ashes series Down Under. Howzat?!
It would be especially gutting for England’s travelling support – the world renowned Barmy Army – if Glenn ‘Pigeon’ McGrath’s age-old prediction of a 5-nil whitewash were to be correct for consecutive tours. While pigeons may fly, pigs certainly don’t!
Ticket packages for the first test at Brisbane are still available. Alternatively you could visit Walkabout who have announced that they will be screening the opening test in over twenty venues across the UK. Be prepared for some first class banter, though, as Pommies are sure to be outnumbered – and you wouldn’t want to be caught at short leg when it’s your round at the bar!
Tags: Australia, England, Payday Loan, Rugby, Same Day Loan, The Ashes, Twickenham
Posted in Games, Payday Loans, Sport | No Comments »
Tuesday, November 16th, 2010
Hurrah for Walmart! It seems that some companies out there are trying to aid the unemployment situation in the UK, as supermarket giant Asda, owned by US firm Walmart, today announced plans to create more than 7,500 jobs in the UK next year.
The UK’s second biggest supermarket chain said it would create all 7,500 jobs through new store openings, expansion of its home shopping service and its recent takeover of Danish supermarket Netto in the UK.
The prime minister David Cameron said only yesterday that the UK would still be a ‘great economic power’ and that ‘the faster we can get our domestic house in order, the more substantial and credible our international impact is going to be’.
With companies such as Asda expanding, and hopefully more jobs becoming available, we here at 247Moneybox.com hope he’s right.
Tags: Asda, David Cameron, Employment, Jobs, Netto, Payday Loan, Wallmart
Posted in Economy, Government, Payday Loans, Unemployment | 2 Comments »
Monday, November 15th, 2010
Expect to a get a chilly feeling following news that Scottish and Southern are planning to increase prices by around 9%. The move, set to take place on the 1st of December, coincides with households cranking up their thermostats and will be felt across the entire UK. It is the first company to do so in the last few years and experts are warning that others may follow suit. The average annual heating bill will jump £67 to £782.
Here at www.247Moneybox.com we empathise with the extra burden on household finances that these increases will impose. We suggest that the best way forward when thinking about your gas and electricity bills is to visit a comparison website (such as www.uswitch.com) and finding a gas and electricity profile that suits you. Are you going to be heating 24/7? Or do you spend a lot of time away from the house and only need it in short bursts? These are the kinds of questions you need to ask yourself in order to capitalise on a cheaper deal.
Tags: Cash Advance, Expensive Bills, Gas Price, Heating Bills, Payday Loan
Posted in Credit Crunch, Economy, Inflation, Money saving, Payday Loans | No Comments »
Friday, November 12th, 2010
ING Direct have released statistics showing that Britons have been delving into their nest egg in order to cover the costs of living today. Savings have fallen by about 14% on average among Britons during three months. That is a reduction of £279 to £1,771; the amount deposited to savings accounts is the lowest since 2009. Most alarmingly, a quarter of all people had no savings at all.
Tags: Cash Advance, Fast cash, Payday Loans, Savings
Posted in Credit Card, Economy, Inflation, Payday Loans | No Comments »
Thursday, November 11th, 2010
While many Britons are struggling to get within sight of, let alone grasp, the first rung on the property ladder, research has shown that a handful of individuals are major players when it comes to real estate. A recent report by Country Life magazine reveals that 0.6% of the population owns 50% of the land.
The top private landowner, the Duke of Buccleuch and Queensbury, has over 240,000 acres in his possession. The Duke of Westminster owns an eye-watering £6 billion worth of real estate, including Belgravia and, Monopoly-must-have, Mayfair. Fancy indeed!
Vist 247Moneybox.com to see if our loan options might be suitable for you.
Tags: Emergency, Payday Loan, Property, Real Estate, Same Day Cash
Posted in Billionaires, Economy, Government, Payday Loans | No Comments »
