Monzo Loans

[marcoslater (Marta)]

Hey,

I’ve received a lot of communication today about Monzo starting loans, it’s in the transaction fees, I got an email, the latest app update mentions it.

The thing I don’t understand is I’ve had the option to take a loan for months now… is this somehow different?

Or was I in some pre-release stage?

[jwhiterz (Jack)]

I think they’ve recently increased the amount you can borrow so they likely just want to let people know it’s changed.