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
Is low credit holding you back? Then get the application guide that changes everything! This post unveils the secrets to apply for MoneyLion Loans.
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!
You will be redirected to another website
You’ll receive messages for less than 1 week, with a maximum of 1 message per day. You can unsubscribe anytime by replying STOP. By submitting this form, I confirm that I am 18+ years old and agree to the Privacy Policy and Terms and Conditions. I also provide my signature, giving express consent to receive informational messages via automated emails, SMS, MMS text messages, and other forms of communication. Message frequency may vary as part of our good-faith effort to respond to your inquiry. Message and data rates may apply. Text STOP to cancel. I understand that my consent to receive communications is not a condition of purchase and that I may revoke my consent at any time.
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
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.
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
Secured vs unsecured credit card: which one is right for you?
Wondering if you should get a secured vs. unsecured credit card? Here's what you need to know about both options. Read on!
Keep ReadingMarcus by Goldman Sachs Personal Loans application: how does it work?
The Marcus by Goldman Sachs Personal Loans application process is simple and you can find your loan options in under five minutes!
Keep ReadingBankruptcy vs. consumer proposal: which is the best choice?
Unsure if you should file for bankruptcy or consumer proposal? We will help you decide which option is best for your financial future.
Keep ReadingYou may also like
First Access Visa® Card application: how does it work?
Learn how the First Access Visa® Card application works and why you should consider applying for this credit card. Keep reading!
Keep ReadingBest Egg Personal Loans review: how does it work and is it good?
Do you need a personal loan? Check out the Best Egg Personal Loans review to see if it's the right choice for you. Read on!
Keep ReadingLendKey Student Loans Review: flexible conditions
Seeking student loans? Read our LendKey Student Loans Review for the lowdown on private and refinancing options. Stay tuned!
Keep Reading