Once we will be the lender-finder, Monzi will likely not conduct a credit check up on the application ourselves. But, the lending company we https://speedyloan.net/reviews/cash-central 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 newest in safe-banking technology, permitting us to pass on information to loan providers. This, then, enables them to check out more than simply your credit rating.
Just 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, this really isn’t anything dodgy. Quite simply, we repeat this therefore we can acquire a read-only content of the bank statements.
This, in change, enables lenders we make use of to obtain an improved knowledge of your relationship with cash. Put simply, you’ve been receiving a regular income for the last three months, and have been responsible with whatever other repayments you may have, you may still be considered for approval if they can see.