Paying off debts with a loan

A Monzo loan could help you pay off your debts, which might be more affordable depending on your situation.

But because you’re repaying for longer, it can also mean you pay more interest and cost you more overall.

If you’re having money struggles, you can get free and impartial advice from these charities.

And if you’re struggling to repay any money you’ve borrowed with us, let us know and we can help.

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