PEOPLE IN THE UK OWE £1,680 BILLION IN PERSONAL DEBT. THAT'S £31,845 PER ADULT, WHICH IS AROUND 112% OF AVERAGE INCOME, AND UK BORROWERS ARE PAYING £140 MILLION PER DAY IN INTEREST PAYMENTS.

Lenders often use people's need for credit to sell fast access to debt, with complex products and poorly presented information making it hard for people to judge the real cost of their borrowing. The result is that most of us don’t fully understand our borrowing, are paying more in interest and fees than necessary and are carrying debt for longer than ever before. 

 

We think it’s time this changed. ilumoni is dedicated to making it easy for people to borrow well, giving you the tools you need to unlock Better Borrowing.

 

WHAT WE'RE DOING TO UNLOCK BETTER BORROWING

RAISING AWARENESS

Sharing how you can borrow well today and responding to the issues that matter with regulators and policymakers to make Better Borrowing the norm rather than the exception.

THE APP

Creating an App to do the hard work for you. ilumoni finds smart ways to repay your debt and highlights better deals, just for you. You’ll never borrow the same way again.

WHAT YOU CAN DO

GET THE APP

The first version of our app is due soon. Sign up now to be one of the first to use it.
ilumoni, helping you to Borrow Well.

JOIN THE CONVERSATION

Get involve with the Better Borrowing cause! Join us on Twitter and Facebook.

  • Facebook
  • Twitter
 

How does it work?

ilumoni looks at your spending, costs of borrowing and credit score alongside the products you are eligible for to suggest repayment amounts and highlight different providers and better products. All based on what you want to achieve.

Meaning you end up with more money and more freedom.

Puts you in control

ilumoni securely connects your credit report and bank accounts together, so you can see how much your borrowing adds up to over time.

Finds smart ways to repay

ilumoni analyses your spending and finds the best way to manage your debt.

Always looking for the best deals for you

ilumoni highlights better deals on credit cards and loans that you're eligible for to help you achieve your goals.

 
Shopping
Seriously Secure

Your accounts will always be safe and secure with our bank-grade security and encryption systems. We do not sell your data to third parties and are bound by European data protection rules.

You are in control and decide what data to share with the app or not.

Shopping
Always Free

ilumoni will always be free to use and you'll never be bombarded with advertisements or email marketing campaigns.

 

We're not a lender and only highlight products to switch to when it's right for you. We never stop searching for bright ideas to help you pay less interest and clear your debt faster.

Sign-up for early access

The ilumoni app will be here soon.

Be among the first to start to Borrow Well.

For our latest news, tips and tricks subscribe below.

By signing up we will also send you occasional newsletters with hints and tips designed to help you Borrow Well, as well as relevant news about lenders and of course the app and when it is available. You can opt out of the newsletters at any time, though by doing so you will not hear when the app is available. We will never sell your data to third parties.

© 2020 by ilumoni  |  Privacy  |  Use of Cookies

ilumoni is a trading name of Monely Limited registered and regulated by the Financial Conduct Authority (928933), registered in England and Wales (Company number 11886611), Registered Office: The Barnsley Digital Media Centre, County Way, Barnsley, S70 2JW

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