A little differently while your poor credit may automatically disqualify you with other lenders, Monzi knows a few that do things.
We ask you to supply your online banking details when you apply with Monzi, you’ll notice. Then, we’re able to obtain a read-only content associated with final three months of one’s banking history. This really isn’t you and your relationship with money so we can be nosey, but rather, so potential lenders can get a better understanding of.
Or in other words, loan providers may use your bank statements to verify your revenue and costs. (more…)