Even as we will be the lender-finder, Monzi will likely not conduct a credit check up on the application ourselves. Nonetheless, the lending company we pair you with may conduct a credit check.

From being approved, you should still consider applying if you are concerned your credit score will disqualify you. Why? Well, Monzi employs the most recent in safe-banking technology, enabling us to pass through on information to loan providers. This, then, allows them to consider more than simply your credit rating.

How can they are doing this? You’ll notice during our application process, we’ll request you to offer your internet banking credentials. Don’t stress, it isn’t anything dodgy. To put it differently, we repeat this so we can buy a copy that is read-only of bank statements.

This, in change, enables lenders we use to have a much better comprehension of your relationship with cash. Continue reading