Signing up for Credit Monitor

Credit Monitor is a free feature in the LemFi app that lets you view your Equifax credit score, understand the factors affecting it, and track changes over time. Your credit data is encrypted and stored securely. Only you can view it through your LemFi app.

If you’re already a verified LemFi customer, you can sign up in just a few taps:

1. Open the LemFi app.
2. Go to the Credit Score section.
3. Review and accept the terms, and give your consent for us to access your credit file

Once you’ve given consent, we’ll securely retrieve your Equifax credit score, credit report information, and insights in the app.

You do not need to have a LemFi credit account to use the credit monitor. As long as you are a verified LemFi customer, you can use Credit Monitor.

What this means

Credit Monitor is available to customers who:

• Have successfully completed LemFi identity verification,
• Are 18 years or older, and
• Have a UK credit file with Equifax.

Important to know

The information available in the Credit Monitor to you is the following:

• Your current and historical Equifax credit score
• Key factors that may affect your score, such as payment history, credit utilization, length of credit history, and recent credit searches
• A summary of your accounts, balances, and any defaults, CCJs, or insolvencies reported on your file

You can start using Credit Monitor as normal if you are eligible. To continue receiving refreshed updates, you must remain active on LemFi. This means having an active LemFi Credit account, an active Savings account, or making at least one remittance transaction in the last 2 months.

There is an option to opt out at any time in the app settings. Once you opt out, we will stop requesting your credit data from Equifax and remove your access to Credit Monitor in the app.