Monzo and ClearScore Embed Automated Debt Repayment Tech Directly Into Loan Applications #

Monzo has integrated ClearScore’s automated debt consolidation technology, Clearer, directly into its loan application process, building on an existing partnership between the UK neobank and the credit marketplace.

ClearScore’s research found that more than 60% of borrowers who took out consolidation loans failed to use at least half of the funds to repay existing debts. Those borrowers were nearly three times more likely to fall behind on repayments than those who cleared their debts as intended.

Clearer automates repayment at the point of application. Rather than sending loan proceeds to a borrower’s bank account, the technology routes funds directly to settle outstanding credit commitments. For lenders, this removes the need to double-count liabilities when assessing risk, which can result in more accurately priced loans for consumers.

Monzo is among Clearer’s founding lender partners. The technology first went live within the ClearScore marketplace in 2023 alongside Oakbrook Finance and Abound. To date, the platform has processed over £20 million in payments linked to Clearer-powered consolidation loans. Since August 2025, account volumes have risen 76%.

The new integration places Clearer inside lenders’ own application channels, extending beyond ClearScore’s marketplace, which reaches around 16 million UK customers. Lenders can choose which debts are settled, where in the application journey Clearer appears, and how the experience is branded, keeping the integration compatible with existing systems. ClearScore describes the process as fully digital and near-instant, with no call-centre involvement required, reducing operational costs.

ClearScore describes the integration as part of a wider effort in UK consumer lending to align the actual use of consolidation loan funds with their stated purpose of debt repayment.

Source: Financial IT