Loans for £3,000 with Monzo
Whether you’re looking to make a small home improvement, help get finance a car, or consolidate your debt into one payment, a £3,000 personal loan with Monzo could help you get there faster.
If you’re eligible, our representative APR is 10.5% for loans more than £10,000, up to £25,000. For loans up to £10,000 it’s 20.5%.
Loans, the Monzo way
You could use a £3,000 personal loan from Monzo to help put money towards a new car, to put towards a home improvement, or bring all your monthly payments to one place.
Check to see if you’ll be eligible for a loan and it won’t affect your credit rating.
You'll only need to answer three questions, and we'll let you know exactly what you can get.
Quick and simple
There’s no waiting around. If approved, you'll have the money in your account in minutes.
All in one app
Choose your repayment date that works best for you. See your remaining balance at a glance, alongside your pots.
Fairer - no fees
Make your repayments early or pay extra whenever you want, with no fees. We don’t charge late fees either.
Apply in minutes
No long paper forms. Just answer three questions in your Monzo app, and see what you could get straight away with our loans calculator.
And, you can use our loans calculator without affecting your credit score.
Total control
We won't hide fees or give you unfair charges.
Keep on track with your loan alongside your everyday spending.
Make extra payments, or pay off your loan completely, with no extra fees.
Give your loan a purpose
Give it a name and add an image of your choice.
Your loan sits alongside your Pots, so you can see where you're at at a glance.
Representative example: Borrowing £5,000, over 36 months, with 35 monthly repayments of £183.00 and one final payment of £167.04, at a simple annual interest rate of 18.8% (fixed), with a representative 20.5% APR, the total amount you'll repay is £6,572.04. Correct as at 07/01/25.
Human help, when you need it most
We want you to feel comfortable telling us when something’s wrong (whether that’s struggling with your mental health, losing your job, or something else).
If you need some extra support, we’ll do everything we can to help you get back on track.
The best way to get in touch with us is via in-app chat to discuss your circumstances with a financial difficulties specialist and find out how we can support you. You can also see how we can support with money worries if you experiencing difficulties.
We also provide tips on managing your loans and your debt in the loans help section on our blog.