Loans

Apply for MoneyLion Loans: Easy Credit Builder

MoneyLion Loans lets you borrow smart and build credit simultaneously- Learn how to apply now, skip the hard pull, and watch your score soar with each on-time payment! Keep reading!

Advertisement

Get a loan without a hard inquiry, and improve your score over time

MoneyLion
Apply for MoneyLion Loans: Easy Credit Builder. Source: MoneyLion

Is low credit holding you back? Then get the application guide that changes everything! This post unveils the secrets to apply for  MoneyLion Loans.

card

Personal Loan

MoneyLion

Quick Simple

Get quick cash for any purpose – affordable conditions tailored to your needs!

You will be redirected to another website

Their credit builder loans come with a soft pull, opening up new financial opportunities for you. So, keep reading to learn how to apply right now!

Advertisement

Online application

If you’re struggling with bad credit and looking for ways to improve it, then you might find a credit builder loan from MoneyLion Loans helpful.

By paying a monthly membership fee of $19.99, you can apply for a loan with a soft pull.

Then if your application gets approved, your payments will be reported to a credit bureau, which can help to build your credit score over time.

Here are the three simple steps you need to follow to apply for a MoneyLion Loans credit-builder loan:

1. Create a MoneyLion account

You can apply for a credit-builder loan via the MoneyLion desktop website or mobile app.

Firstly, create a MoneyLion account by providing your full name and address.

Advertisement

2. Apply for a Credit Builder Plus membership

Once you have created your MoneyLion account, then you can sign up for a Credit Builder Plus membership, allowing you to request a credit-builder loan.

3. Complete the application process

Finally, to complete the loan application process, you must provide additional information, such as your full name, email address, Social Security number, home address, and a verifiable phone number.

You will also need a bank account that has been in good standing for at least 60 days and shows steady income through deposits.

Advertisement

Requirements

MoneyLion
Get a loan without a hard inquiry, and improve your score over time. Source: MoneyLion

When applying for a credit builder loan, you must be a member of the Credit Builder Plus membership. Then, to apply, you must:

  • Be a US citizen or permanent resident;
  • Be at least 18 years old;
  • Have a Social Security number;
  • Have a valid checking account.

Apply using the app

You can also apply by downloading the MoneyLion app, which will allow you to complete the application process on your phone.

The app is free so you can find it on both the Apple App Store and the Google Play Store.

MoneyLion Loans vs. SimpleLoans 123

MoneyLion Loans offers loans that can help you improve your credit score while also giving you benefits like free credit monitoring.

SimpleLoans 123, on the other hand, is a platform that connects you with lenders who can provide you with a personal loan of up to $35,000 for any purpose.

So, you can choose between the two based on your needs and preferences.

MoneyLion Loans

  • APR:  5.99% to 29.99%;
  • Loan Purpose: Credit-builder;
  • Loan Amounts: Up to $10,000;
  • Credit Needed: All credit types are considered;
  • Origination Fee: N/A;
  • Late Fee: N/A;
  • Early Payoff Penalty: N/A.

SimpleLoans 123

  • APR:  Varies by lender;
  • Loan Purpose: Personal and Vehicle loans;
  • Loan Amounts: $100-$35,000;
  • Credit Needed: All credit scores accepted;
  • Origination Fee: Varies by the lender;
  • Late Fee: Varies by the lender;
  • Early Payoff Penalty: Varies by lender.

Do you want to get a personal loan through SimpleLoans 123? Then keep reading to get an overview of the application below.

SimpleLoans123

Apply for SimpleLoans123: Fast-track Approval

Unlock financial freedom! Apply for the SimpleLoans123 in just 3 steps with our easy-to-follow guide. Read on!

Trending Topics

content

Discover effective apps to recover deleted photos: 9 top choices!

Discover the top 9 apps to recover deleted photos for Android and iOS. Get your precious photos back using reliable and user-friendly tools.

Keep Reading
content

10 Types of Credit Cards You Should Know About

Discover 10 types of credit cards and make the perfect choice for your financial well-being. No more confusion, all in one place.

Keep Reading
content

13 simple ways to lower your electric bill

Are you tired of paying too much for electricity? These simple tips will show you how to lower your electric bill and save money. Read on!

Keep Reading

You may also like

content

Women, Infants, and Children (WIC): nutritional support for families

Learn about the Women, Infants, and Children (WIC) program's services, who is eligible to, and how to apply for benefits. Keep reading!

Keep Reading
content

Cheap Sun Country Airlines flights: find flights from $39,99!

Get the scoop on what to expect before you book Sun Country Airlines cheap flights. Save a lot on your next trip! Read on and learn how!

Keep Reading
content

Cheap flights on SkyScanner: flights from $29.99

Use this app's unique features to learn how to save on your next trip with SkyScanner cheap flights. Read on!

Keep Reading