Improve your credit score with Monese Credit Builder

Dreaming of a secure future? We’ve got the features to help.

Improve your credit score

Building your credit score doesn’t need a high-interest credit card or costly payday loans that you keep getting turned away from anyway. Instead, start building your credit score in the UK (hassle and interest-free with no credit check!) with the Monese Credit Builder. Available on all plans for customers in the UK for just £2.50 a month (Rep APR 9.10%)*

*Representative Example: The loan as a part of Credit Builder is a 0% interest loan, but the £2.50/month subscription fee relates to a 9.10% APR as the cost of your Credit Builder. Based on a loan amount of £600.

Improve your credit history (1)

Secure your future

Whether you’re looking to rebuild your credit history or just getting started on your credit journey here in the UK, we’ve got you covered with our hassle and interest-free Credit Builder. Unlike traditional lenders and banks, we won’t turn you away for having irregular income patterns or not having any credit to your name. With the help of our Credit Builder, we want to help people like you build your credit history to ultimately access better value borrowing deals and rates in the future.

The history of credit

Build today and save for tomorrow

The way our Credit Builder is set up, you’ll be saving while building your credit history and improving your credit score all at the same time. After a year of monthly repayments on your interest-free Credit Builder loan, you’ll have 12 months of successful repayment history recorded with the credit agencies, plus 12 months of savings ready to spend!

Build today

Improve your score where it counts

With our no credit check Credit Builder, rest easy knowing that your monthly repayments are reported to all three of the UK’s main credit agencies: Experian, Equifax and TransUnion, where you’ll start seeing a difference in your credit score. You’ll eventually be able to get a loan, rent a home, start your small business or buy any other big-ticket items with your higher score. With an improved credit score thanks to our Credit Builder, you’ll be eligible for a wider range of better value loans, credit and rates in no time.

Improve your record

How to get started

  • Step 1

    Step 1:

    Open your app to start building. Head to the ‘Explore’ tab and select ‘Credit Builder’ to easily set up and start building your credit history and score.

  • Step 2

    Step 2:

    Decide how much you want to save. Choose a fixed repayment amount you can realistically afford to pay back each month, between £30 to £100.

  • Step 3

    Step 3:

    Make your repayments and save. Make your repayments each month for a year to pay off your interest-free Credit Builder loan. We’ll report your repayments to the 3 agencies.

  • Step 4

    Step 4:

    Unlock your savings. After 12 months of a successful repayment history built up, your personal Credit Builder pot will be unlocked, ready to spend!

Unlock access
Unlock access

Unlock access to other Monese credit products

With the savings you’re building, you’ll be able to unlock and access other credit products down the line.

Tired of getting turned down for credit cards and loan? Download Monese today

With our Credit Builder, you can easily get started on building your credit history and improve your credit score and boost your loan offers for tomorrow.

Tired of getting turned down

Credit Builder Help

  • What’s a credit score vs credit history?

  • How can I access Credit Builder?

  • How Credit Builder works

  • How much can I borrow on my Credit Builder?

  • What happens if I miss a Credit Builder repayment?

  • If my loan is interest-free, why does it have an Annual Percentage Rate (APR)?

  • Where can I see more videos?

This service is arranged by Monese Finance Ltd. Monese Finance Ltd is a broker and not a lender, and is an appointed representative of Resolution Compliance Limited which is authorised and regulated by the Financial Conduct Authority (FRN:574048). The credit builder loan is provided by Monese Credit Limited which is authorised and regulated by the Financial Conduct Authority (FRN:787052).