Get more from your money with the free MoneyLion app:
• Monitor and boost your credit score
• Get personalized financial advice every day
• Earn $25 gift cards to top retailers
• Get alerts to help you avoid fees and fraud
• #GrowYourStack: augmented reality view of your money
Go further with a MoneyLion Plus membership:
• Borrow $500 at 5.99% APR; good credit not required
• Get $1 daily cashback, just for logging into the app
• Set aside savings from each paycheck
• Grow your savings in a fully guided investment account
• Build your credit: we report loan payments to credit bureaus
• Earn more rewards based on your savings
A shiny new look for your finances section! As well as, of course, bug fixes and general improvements. Thanks for using MoneyLion!
- Fixed a particular bug around showing the score improvement with Credit Monitoring
Ratings and Reviews
So I’ve been a member for a full 30 days now. I was very skeptical at first, I wanted to cancel after my first payment because I read some negative reviews. But, thinking about the situation a little longer I realized all the negative reviews have one thing in common, and that’s because these people didn’t read the documents or what they were signing up for. So I left it at that! Now if you don’t have the money monthly to pay both the membership fees and the loan. Then I wouldn’t suggest this app, cause you need to spend money to make money, if you have no money then you can’t make any. Anyways, you pay a membership fee of $33 and some change every two weeks. $50 of that goes into your investment account. That is STILL your money! It’s just in a savings account for you basically. ML couldn’t verify my bank account so I was in something called the LOANLocked group. I had to make sure to pay my membership ON TIME, auto-drafted from my bank account. 30 days later with no questions asked I was approved without running my credit for the $500 loan. I don’t have this app just for the loan. I have it to build my credit, and the ongoing investment. I would recommend this app to my close family and friends because I trust it. AGAIN READ what you’re signing up for. ☺️☺️☺️☺️
Super excited thus far...
I downloaded the app and although there are issues like DL not scanning and the #growyourstack option doesn’t pan a flat surface, I was able to get everything else going. I was super skeptical, ESPECIALLY after reading all the reviews about high interests, unexpected “surprises”, and scams but if you, as a consumer, do you part and actually read a document, you will see exactly what are signing up for. I was approved for the loan at the 5.99%; they don’t even check your credit for it and their requirements for approval are clearly stipulated. I opened up the contract to make sure and I was happy to see that I was set up for payments according to my pay period and at a 5.99% APR. Had I seen something different, I wouldn’t have accepted the loan. I would recommend that you open docs and read them before agreeing to anything. I am looking forward to having the issues worked out so I can take 100% advantage of all MoneyLion’s functionality. Financial stability is very important to me. It is clear to me that MoneyLion knows that there is an enormous gap between basic financial knowledge and healthy finances and they are invested in bridging that gap to help those of us that haven’t made the best “financial” decisions. I will come back and update my review as time passes. I’m hoping to bump it to 5 stars and 2 big thumbs up!!
I love MoneyLion😍
I absolutely love MoneyLion it is a legitimate resource for saving and a legitimate source for a loan!! I started using MoneyLion in May and have already been able to save almost 300$ now I know 300 doesn’t sound like much but considering the fact the my savings account would always show zero I count this as a win, also in addition to the investment account, I was able to get a 500 dollar loan the next business day with NO hassle, of course you need proof of income and ID but that’s pretty much all they asked for so as long as you have a legitimate bank account a source of income with direct deposit and A government issued ID you will get a loan!!! And they are easy to payback my loan only charges me about 19 dollars every payday now this app does cost 79 a month but 50 dollars of that automatically goes into your investment account so it’s your money it’s kind of like a forced savings which I don’t think is horrible, and you get one dollar everyday that you login so the app is really free if you are logical lol but other than that don’t be hesitant to give it a try!!! Good luck
With Family Sharing set up, up to six family members can use this app.