Read the loan pages.
They’re problem solving here not answering basic questions available in app or online.
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So you have a monzo loan, and every time you’re making an early payment you’re being charged interest?
Or are you anxious if you take out a monzo loan in the future; the above may be present and deters you from applying?
That’s two wholly different scenarios and your post above refers to you considering a monzo loan and you have questions on it.
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It does work, Monzo are not charging you interest and lying about it.
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You don’t have a problem,
You’re on a public open forum, posting daft stuff you’re not impacted by - and likely won’t be - and then referred to questions about a monzo loan.
You then get sent information about a monzo loan, and now become difficult about it.
Lol.
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You don’t have a loan = you don’t have a problem.
It doesn’t affect everyone, it’s a niche issue raised by one person. I’m sure someone else mentioned it doesn’t impact them.
Guessing you’ve never been on the internet.
Wonder if you’re the same profile that keeps magically appearing to just troll and go crying to admin every time the conversation isn’t in your favour.
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Sadly I don’t think the code of conduct is adhered to much anymore, the number of confrontational posts here seems to be on the rise 
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I suspect the way the act here and quickly quote such things, they aren’t as innocent or new as they seem.
My points still stand, they don’t have a loan, and were directed to the appropriate place for answers, then became pissy.
Can’t remember the profile name but that person kept being banned again and again after causing ridiculous havoc, and Cooky isn’t mentioned anywhere but all a sudden this person seemed to know who to tag for a scene 
Let’s not play blind to the troll.
lol, ok bab.
To go back on topic…
On the subject of the “paying this month early” being expected to reduce interest, what would be the expectation when permanently changing your payment date?
So say you usually paid on the 27th and you permanently moved it to the 7th, would you expect the overall loan to be cheaper because it’ll be paid off 20 days sooner?
Likewise, if you usually paid on the 7th and you permanently moved it to the 27th, would you expect the overall loan to be more expensive because it’ll be paid off 20 days later?
This is clearly an isolated issue that’s probably not even an issue, not an issue generally with Monzo loans. Nobody else is being charged interest on early repayments so quite why it’s being jumped on as a real concern seems strange.
One person. Out of many many many who have a loan. And that one person has done something most people don’t do (repay up to 5 months in advance) so chances are it’s so isolated to their situation nobody will come into this issue again.
It’s not a cause for mass panic over Monzo loans. The page with loan information is correct, use that to decide if you want a loan or not.
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