Applying for extra loan money with Monzo

Help
1

Hi there

I would like to look into the possibility of borrowing a little more money on my Monzo Personal Loan.

When I click onto ‘borrow more’ it says I need to have 6 months of successful payments. Coincidentally, my 6th payment a few days ago but it’s still saying I need 6 payments before they can consider it.

Does it take a few days to clear or something?!

Cheers all.

2

It’s not something the team can override afaik.

Give it a week or so, the option may then change.

You’re not automatically eligible for a top up or additional funds having cleared 6 payments, as your current lending may look sufficient to your income.