u/Remaining_Nameless24

▲ 7 r/monzo

Monzo Loan to pay off borrowing questions

Hi all

As the title suggests, I had a look to see if I could get a quote for a loan with Monzo but was told they can't give me one. So just out of interest I tried the 'Get a loan to pay off borrowing '.

To my surprise it said they could give me up to £9k - convenient given the lower interest rate is just £1k more.

Anyhow I decided to see if it would be worth my while so proceeded through the steps. Never did get as far as seeing what the repayments would be because as well as selecting what I wanted to pay off, it also asked for the card details etc.

Just a little reluctant to enter these just yet as I'm only looking for a quote.

Anyone had any experience with this at all ? At what point do you get the actual quote of monthly repayments?

Thanks all

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u/Remaining_Nameless24 — 5 days ago