Why doesn't Monzo appear on my credit report?

Feedback & Ideas
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deleted post

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:thinking: not sure what the reason for those banks showing up is.

Do you happen to have, or have had in the past, any borrowings with either First Direct or Nationwide but never with Monzo?

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I am 98% sure we report to CallCredit, which ClearScore donā€™t use.

Noddle does though :+1:

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Correct :slight_smile:

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Is there any update on Monzo using more agencies other than just CallCredit?
I know itā€™s been a while since this post, but Monzo is still not showing on ClearScore, and thatā€™s the majority of my Ā£Ā£Ā£.

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Yeah itā€™s on one of the more recent threads on this topic but theyā€™re building the integrations this year

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Wait a secondā€¦ I just switched fully to Monzo Plus, had my salary paid into it, moved all my direct debits (including mortgage payments) and standing order to Monzo only to find out that it does not share data with CreditScore? :frowning_face:
I have to say, this is very disappointingā€¦

How about other credit score agencies (e.g. Experian)? Do you know if there are issues there as well?

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Monzo report to Experian and Transunion.

Just use one of those, or the built in connection to Credit Karma (which uses transunion) - they all say similar things anyway.

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Most lenders use TransUnion and/or Experian many pull all three of your credit files. So it is unlikely to cause any major issues. Clearscore get data from Equifax. However they are very slow to update I would highly recommend using Credit Karma they update your whole report weekly and give instant alerts if there are any changes to your credit report. MSE credit club is also very good. Both are free to use.

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Whyā€™s it disappointing?

On the grounds that youā€™re not borrowing from them, they have nothing meaningful to report to a Credit Reference Agency anyway.

I suppose a report of Ā£0 has some value, but isnā€™t it minimal?

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I believe the length of time youā€™ve had bank accounts (irrespective of whether thereā€™s any credit offered) is taken into account by some lenders

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My ClearScore also tells me Iā€™ve overspent based on my income each month. Thatā€™s because they donā€™t see my income is going into my monzo account

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