# The Credit Thing - Koto

**URL:** <https://community.monzo.com/t/the-credit-thing-koto/127063>\
**Category:** Fintech Chat\
**Created:** [23 December 2021 13:59 UTC](https://community.monzo.com/t/the-credit-thing-koto/127063 "2021-12-23T13:59:33Z")\
**Posts on this page:** 8\
**Page:** 1

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**Author:** ![Jays6](https://dub1.discourse-cdn.com/monzo/user_avatar/community.monzo.com/jays6/32/71576_2.png) [@Jays6](https://community.monzo.com/u/Jays6)\
**Post date:** [23 December 2021 13:59 UTC](https://community.monzo.com/t/the-credit-thing-koto/127063/1 "2021-12-23T13:59:33Z")

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Just seen this on FE  
Anyone heard of them before

> **[Instant virtual credit card UK, apply on mobile | The Credit Thing](https://thecreditthing.com/)**
>
> Looking for your first credit credit card or to rebuild credit? Check your eligibility today

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**Author:** ![Revels](https://dub1.discourse-cdn.com/monzo/user_avatar/community.monzo.com/revels/32/120556_2.png) [@Revels](https://community.monzo.com/u/Revels)\
**Post date:** [23 December 2021 14:02 UTC](https://community.monzo.com/t/the-credit-thing-koto/127063/2 "2021-12-23T14:02:47Z")

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The website looks good, the concept seems good, but 27.9%!

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**Author:** ![Jays6](https://dub1.discourse-cdn.com/monzo/user_avatar/community.monzo.com/jays6/32/71576_2.png) [@Jays6](https://community.monzo.com/u/Jays6)\
**Post date:** [23 December 2021 14:10 UTC](https://community.monzo.com/t/the-credit-thing-koto/127063/3 "2021-12-23T14:10:34Z")

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Yeah just as bad as other credit card providers

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**Author:** ![phildawson](https://avatars.discourse-cdn.com/v4/letter/p/bbe5ce/32.png) [@phildawson](https://community.monzo.com/u/phildawson)\
**Post date:** [23 December 2021 15:43 UTC](https://community.monzo.com/t/the-credit-thing-koto/127063/4 "2021-12-23T15:43:08Z")

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Same team as Mono

Missing a Z 🤔

> **[Мобільний банк monobank | Оформити кредитну картку онлайн](https://www.monobank.ua)**
>
> Банківські картки 💳【з кредитним лімітом до 100000 ₴】✅ Без інтерв'ю й походів до банку 🛒 Кешбек на покупки 💰 Перекази з картки на картку без комісії 👍Найвигідніші умови в Україні

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**Author:** ![Jays6](https://dub1.discourse-cdn.com/monzo/user_avatar/community.monzo.com/jays6/32/71576_2.png) [@Jays6](https://community.monzo.com/u/Jays6)\
**Post date:** [23 December 2021 16:21 UTC](https://community.monzo.com/t/the-credit-thing-koto/127063/5 "2021-12-23T16:21:17Z")

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That’s sus

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**Author:** ![phildawson](https://avatars.discourse-cdn.com/v4/letter/p/bbe5ce/32.png) [@phildawson](https://community.monzo.com/u/phildawson)\
**Post date:** [23 December 2021 16:54 UTC](https://community.monzo.com/t/the-credit-thing-koto/127063/7 "2021-12-23T16:54:47Z")

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Looks like 2017

> **[monobank](https://uk.m.wikipedia.org/wiki/Monobank)**
>
> Monobank (укр. монобанк) — український інтернет-банкінг, створений 2017 року. Для роботи використовується банківська ліцензія Універсал Банку, що входить до групи TAC і належить українському бізнесмену Сергію Тігіпку. Того ж року здобув перемогу в номінації «Найкращий український FinTech-стартап» нагороди PaySpace Magazine Awards, а у 2018 здобув головну нагороду в категорії «Необанк року» премії FinAwards 2018.
> Станом на 23 серпня 2021 обслуговує понад 4 млн клієнтів, при чому показник щоденно...

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**Author:** ![reigns](https://dub1.discourse-cdn.com/monzo/user_avatar/community.monzo.com/reigns/32/89611_2.png) [@reigns](https://community.monzo.com/u/reigns)\
**Post date:** [24 December 2021 06:22 UTC](https://community.monzo.com/t/the-credit-thing-koto/127063/9 "2021-12-24T06:22:35Z")

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I have one it used to be .20 cent per day for any borrowing no interest charges they also have “Spread which is £10 per month however they are moving to mainstream lending like a credit card which is interest free for 62 days, no idea why the apr is a issue when you don’t carry balance lol

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**Author:** ![j06](https://dub1.discourse-cdn.com/monzo/user_avatar/community.monzo.com/j06/32/97044_2.png) [@j06](https://community.monzo.com/u/j06)\
**Post date:** [24 December 2021 08:52 UTC](https://community.monzo.com/t/the-credit-thing-koto/127063/10 "2021-12-24T08:52:03Z")

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The Hryvnia has a cool sign ₴