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Build your credit score. Without barriers.
For the first time ever, build your credit score with friends and family. No fees and no credit checks.
3 steps to affordable finance
Begin by talking about the loan with your friend or family member, discuss the terms of the loan openly and decide what will be affordable for you both.
Build a loan agreement on Punk Money in seconds, then send to the other person for them to review.
If everyone is happy with the terms, just sign the agreement and connect your bank account and our platform will do the rest.
A new way to build your credit score
Building your credit score is essential to secure your future. Giving you the freedom to borrow affordably and secure a mortgage. We help you build up your credit history with your friends & family so you can take your first steps onto the credit ladder.
Build credit on your terms.
Borrow money from your friends & family from 0%. Make your repayments and watch your credit score grow. This is the most flexible way to start boosting your credit score. No banks. No third parties. Just the people you trust.
No fees. No barriers.
No one likes awkward money conversations. Punk Money puts an end to these. Set up the loan and the automated repayments will handle the rest.
We've got you covered
Punk Money has been designed to make borrowing and lending money between friends and family simple, fair and transparent - keeping your relationships intact.
Friends and family can be the most affordable and flexible source of finance for personal loans. But the awkwardness involved and the negative effect they can have on relationships push people towards more expensive banks, credit cards and high-cost lenders.
We are the solution - in just a few minutes, you and your friend or family member can create a loan and sign a legally binding contract.
Borrowing or lending money between people you know isn’t easy. You have to agree on the terms, keep up with the payments and rely on the trust you have. We take the hassle out of the loans, giving you your time back and keeping things more secure.
Here are some of the reasons you should use us:
- It takes the hassle out of lending to people you know
- We handle all the paperwork, creating you a legally binding contract
- No credit checks
- Improves your credit score
It’s simple. Just enter your and the other parties' details into our loan builder, and then sign the loan contract on our platform. The loan agreement will then be sent to the other party to agree and sign.
Nope. Whether you need a small cash top-up from £100 until payday or £100,000 for a house, you can use the platform to set up and manage your loan.
Check out our full FAQs for more information
Remove the hassle from friends & family loans.
Automated Repayments
Make repayments without the awkward conversation. Putting an end to awkward convos.
Loan Contract
The easiest way to create a loan contract to add a layer of security to your friendly loans.
Build Credit
Removing the barriers to building your credit score. Helping everyone get on the credit ladder.
Easily add interest
Ditch the calculator. Add interest to friendly loans in one click.
Manage all in one app
Put the spreadsheet away. See the upcoming payments in one easy view.
Get started in minutes
No long applications to get started, Just enter a few details and confirm your ID.
Learn more about building credit👇
© All rights reserved Punk Money 2022.
Disclaimer
Punk Money Friend & Family lending is not an FCA regulated activity. Lenders and borrowers define and agree to the terms of their loans and should be comfortable with the affordability of the loan before making an agreement. Lending and borrowing cannot be done by way of business. Lenders’ capital is at risk. Funds are not protected by the Financial Services Compensation Scheme. Punk Money Limited (FRN 971343) is an Appointed Representative of CLEARFC LTD (FRN 938464) which is authorised and regulated by the Financial Conduct Authority. Punk Money and Punk.Money are registered trademarks and registered trading names of Punk Money Limited: company number 11333365, with registered address: 2nd Floor, National House, 60-66 Wardour Street, London, United Kingdom, W1F 0TA. Late and missed payments can cause you serious money problems, you should talk to the lender about the loan before it becomes an issue. If you have financial problems there is guidance available at moneyadviceservice.org.uk.