Monzo and loans etc


I closed a bank account in favour of Monzo. Brave me but also scared me. My previous bank was offering me a loan - which, come a few months from now, I would like to have simply because I’m planning a car purchase. Does monzo offer loans to their newer customers? Does monzo offer loans at all?

They were trialling loans of up to £1000 and ones of up to £7000 are being introduced. Don’t know when though

The £1000 loans were max one year and as such had a higher APR but we have no details of what the larger loan will be like

This was the last on it from @cookywook

It appeared in the tear down for Android last week so :soon:

Monzo for Android - Teardowns & Deep Dives 👨‍💻