If you’re a UK-based immigrant juggling expenses both at home and abroad, accessing credit can be tough - especially when building your financial life from scratch.

Many newcomers struggle to get approval from high-street banks due to thin credit histories or low initial incomes.

That’s where LemFi Credit steps in.

A partnership between LemFi and FCA-regulated lender Abound (Fintern Ltd.), LemFi Credit provides a flexible virtual loan designed for immigrants living in the UK—whether you’re sending urgent money back home, paying bills, or just need short-term breathing space.

Here’s how you can apply for and use LemFi Credit in just a few steps:

Step 1: Download the LemFi App

Start by downloading the LemFi app from the App Store or Google Play. If you already use LemFi for money transfers, simply log in.

You’ll need a UK address and a UK mobile number to register.

Step 2: Click on ‘Credit’ or ‘Get LemFi Credit’

Once logged in, navigate to the ‘Credit’ section in the app. Tap ‘Apply for Credit’ or similar prompt to begin the process.

The product is offered in partnership with Abound, so you’ll go through a quick eligibility check powered by them.

Step 3: Connect Your UK Bank Account (Open Banking)

#LemFi Credit uses Open Banking to verify your income and spending habits securely—no paperwork required.
• You’ll be asked to connect your UK bank account through a secure link.
• This gives the system real-time visibility into your financial behaviour to assess affordability.

Good to know: There’s no impact on your credit score during this stage.

Step 4: Get an Instant Credit Decision

Once your account is reviewed, you’ll be told instantly whether you’ve been approved. If successful, you’ll be shown:
• Your credit limit (e.g. £1,200)
• Your monthly repayment amount
• Your interest rate (typically 29.9% APR)

You can choose to accept or decline the offer at this stage.

Step 5: Access Your Virtual LemFi Credit Card

Once approved, you’ll be issued a virtual credit card that can be:
• Added to Apple Pay or Google Pay
• Used online or in stores, just like any card
• Used to send money abroad from your LemFi wallet

Every transaction is automatically split into 12 equal monthly instalments, and repayments are collected via direct debit.

There are no late fees, no hidden charges, and interest is charged daily—meaning the sooner you pay off a transaction, the less you pay.

Step 6: Use Responsibly and Build Credit

LemFi Credit reports your repayments to major UK credit agencies, which means every timely repayment helps you build your credit score over time.

This makes it ideal for those:
• Without a strong UK credit history
• New to the UK financial system
• Looking to access better rates and bigger credit later on

What You’ll Need:
• Must be 18 or older
• Have a UK bank account and income
• Have a UK address and ID
• Be able to connect your account via Open Banking

Important Considerations:

While LemFi Credit is more flexible than payday loans or traditional cards, it’s still a financial product with real repayments.

“Borrow what you need, not what’s available,” advises financial coach Dami Adewale. “It’s a great tool if you stay disciplined.”

Final Thoughts

For immigrants navigating the UK financial system—while trying to support family abroad—LemFi Credit offers both relief and opportunity: relief through flexible access to funds, and opportunity by helping you build credit where others shut the door.

Disclaimer: LemFi is not a lender. All credit is provided by Abound (Fintern Ltd.), authorised and regulated by the FCA. APR 29.9% variable. Subject to affordability checks. Missed payments may affect your credit rating and increase your interest.