MonkeyDosh @ www.monkeydosh.com
When it comes to the product costs, the interest has been set at 25% that creates a £25 per £100 charge. There has always been some confusion surrounding their funding costs though. In the “Our Charges” section there is no note of any fast funding cost, as well as anywhere else across the site. Many sources highlight a same day transmission fee standing at £12.50 and so this is likely to be required for anyone that isn’t willing to wait on slow funding. I did spot a promotional poster for them that had the attached promo code (MKD1) that was headed to remove the faster payments fee.
This poster was published back in early 2013 though and so it may have now expired. The www.monkeydosh.com site does take encrypted applications and they do provide a login to all customers. These loans are not available over the weekend with their listed business trading hours being 9am to 5pm from Monday to Friday. This lender has been a firm favourite across Manchester where they do tend to do most of their advertising. This is through posters, radio ads on Key 103 and so on. Applicants in self-employment can still be accepted here and bad credit is welcomed so long as the income coming in shows that the repayments can be made without any problems.
