Yonda

Editor's Review

Yonda is your go-to super app designed to empower Kiwis to achieve a brighter financial future! 🌟 Start with a free credit score check and embark on a journey towards improved financial well-being. Yonda simplifies the complex world of credit with user-friendly tools and expert coaching. Whether you're dreaming of owning your first home 🏡, repairing your credit score 🛠️, or simply saving money 💰, Yonda has got you covered!

Key Features:

Set Your Financial Goals:

Use yo-coach to define your financial goals and receive personalized tips to help you achieve them. Yonda supports a variety of goals, from securing a home loan to enhancing your credit score.

Grow Your Credit Score:

A strong credit score can unlock significant savings on loan interest rates and pave the way for homeownership. Yonda partners with Equifax, a leading credit bureau, to provide your credit score and offer tailored monthly updates on how to improve it. Rest assured, using Yonda will never negatively impact your credit score!

Protect Yourself with ID Security:

With cybercrime on the rise in New Zealand, Yonda’s ID Security feature offers robust protection against cyber attacks and identity fraud. Secure your personal information and ensure your identity isn't being used for unauthorized credit applications. ID Security also scans the dark web daily to monitor for email and password breaches, notifying you of any necessary actions.

Optional In-App Purchases:

Subscribe to ID Security for as little as the cost of a weekly coffee! Choose between an annual subscription at $99/year (saving 34%) or a monthly subscription at $12.50/month. Payments are processed through your Google account, and subscriptions automatically renew unless turned off at least 24 hours before the end of the current period. Manage your auto-renewal settings in your account preferences.

Coming Soon Features:

FinView:

Imagine having all your financial data in one place! FinView will consolidate your bank accounts, loans, and investments into a single, easy-to-view dashboard. Track your net worth and make informed financial decisions with ease.

Yonda Marketplace:

Compare financial products and find the best loan options to suit your needs. Yonda Marketplace is designed to put you in control, offering personalized deals on home, vehicle, and personal loans, as well as insurance and Kiwisaver providers.

How to Use Yonda:

1. Install the app on your smartphone.
2. Complete the sign-in process, providing details like your driver's license or passport number to retrieve your authenticated credit information. Your data is secure with Yonda.
3. View your credit score and access your full credit file.
4. Set up your financial goals in yo-coach for custom tips and tricks.
5. Explore the info-hub for resources to help grow your credit score and build financial health.
6. Monitor your credit and app activity in the activity hub, with color-coded alerts for positive, neutral, and warning signs.
7. Consider Yonda’s ID Security subscriptions to protect against online fraud.

Disclaimer:

Yonda partners with Equifax for credit information. Use Yonda to track your financial behavior and make informed decisions. Checking your score with Yonda is free and will not affect your score. The information and tools provided in the Yonda app are for guidance only and do not constitute financial advice. Consult with a professional for personalized advice.

Features

• Free credit score and personalized updates

• Financial goal setting with tailored tips

• ID Security against cyber attacks and fraud

• Credit score growth tracking

• Activity hub for credit monitoring

• Educational info-hub for financial literacy

• Optional in-app ID Security subscriptions

• Partnership with Equifax for credit information

Pros

• Free credit score tracking and updates

• Personalized financial goal setting with yo-coach

• ID Security to protect against cybercrime

• Potential to save money on loan interest rates

• Easy access to credit file information

Cons

• FinView and Marketplace features are 'coming soon'

• Requires providing personal details for sign-up