Loans (old thread)

[cookywook (Richard Cook)]

Hey everyone!

We’ve got an update for you on what we’re doing with Loans, which we’ve made a new thread for. You’ll soon also be able to follow along through our in-app Making Monzo. So stay tuned!

Head here for the latest:

Loans

Improving the way you repay loans We’ve been testing loans with a few hundred people, and we’ve already got lots of useful feedback. We’ve been using it to improve the experience if you want to repay your loan early. If you start testing loans now, you’ll see the improvements already. We’ve made early repayments more flexible In the first version of loans, when you made an early repayment we took it off the end of your loan. So you’d still have to make your upcoming payments as usual, we’d ju…