How do I close Credit Builder?

You can close the Credit Builder before the end of your 12-month period, but keep in mind that you'll see little or no benefit to your credit score.

Remember, the Credit Builder is a great way to demonstrate how well you can make repayments over a set period of time. If you close it early, lenders might infer that you can't keep up with the commitments you've signed up for.

To close Credit Builder:

• Head to your GBP account in your Monese app
• Go to Explore tab > Credit Builder and tap on three dots in the upper right corner
• Select 'Close credit builder' and follow the instructions"