Emergency Loans

£50 - £2,500 paid out by 02:05pm

How much would you like?

£

Representative 305.9% APR

Representative Example: £400 borrowed for 90 days. Total amount repayable is £561.92 in 3 monthly instalments of £187.31. Interest charged is £161.92, interest rate 161.9% (variable). Representative 305.9% APR. We are a broker not a lender. We don't charge fees. We don't sell your personal information.
*MoneyWorld does not perform a credit check but the lenders we're partnered with will perform what is known as a "soft search" to determine your eligibility. Should you choose to accept the loan terms you're offered, a full credit check will be carried out.

How to Avoid Being Scammed When Taking out Emergency Loans

Sadly there are companies out there which try to scam us, whether online or offline. This happens a lot in the finance sector as people will often give their bank login details or bank account details and it will enable a scammer to steal money off them. This is often heard about in the main banking sector but can often happen when taking out emergency loans as well. The good thing is that you can protect yourself against scammers whether you are taking out emergency loans or doing standard banking. It is good to understand what to look out for and how to protect yourself so that you do not have to worry. It is not that complicated or difficult either so it worth just taking a little time to make sure that you are protected.

Look at security information on website

There are indications on a website that it has been protected for security reasons. These can be found in slightly different places depending on the browser that you use. However, you should be able to look out for them and make sure that the website has been set up in a trustworthy manner.

Firstly look at the domain name and make sure that it has https:// at the beginning this indicates that the website is secure. You may even see the word secure to the left of it. If you click this or the padlock near to it (which indicates the site is encrypted) you will be able to see details of the company that has paid for the security on the site and it should all tie up with the domain name and site owners details.

This is all important as it shows that the site is not a phishing site as it is owned by the company that you would expect and that any data transferred between you and the site owner will be encrypted. This means that if it is intercepted, it will not be able to be deciphered easily and therefore your information is kept safe.

Find out about the company to see if you can trust them

If you are dealing with a company that you have not used before then it is wise to find out a bit about them first. You will want to be sure that you will be able to trust them. It can be good to ask colleagues, friends and family about them if you are happy to discuss finances with them. Otherwise take a look online at money forums, websites and anywhere that discusses payday loan companies and see what people are saying about them. It can be a good way to check out whether they can be trusted.

Protect your computer

It is wise to also protect your computer to make sure that your information cannot be intercepted. Even if you are using a site which is encrypted, you could still find that your information could be taken before it is sent as sometimes it is possible for what you type to be seen. This is why it is good to have a good firewall and regularly check the system for viruses and other types of intrusive software. Hopefully this will be the best way to keep you and your data safe.

Protect your information

It is also wise to set up secure passwords and keep the information safe. Do not use obvious words or numbers, use a random selection of letters and numbers as well as symbols and keep it written down so that you do not forget it. Make sure that where you write it down is put in a secure place. Never use the same password for more than one website or account and change them regularly; particularly if you have reason to think it may have been compromised.

You are no more likely to be scammed when taking out emergency loans that any other type of borrowing. However, it is just as important to keep your data safe and secure when applying for this sort of loan than any other finance. The steps that you can take are easy and straightforward and well worth doing.