Loans (US)

How to apply for MoneyLion Plus Personal Loans?

Check out how the MoneyLion Plus Personal Loans application works and learn how you can borrow up to $1,000 to securely build your credit.

MoneyLion Plus Personal Loans application: no credit check

Learn how to apply online for a loan with MoneyLion. Source: The Mister Finance.
Learn how to apply online for a loan with MoneyLion. Source: The Mister Finance.

MoneyLion is a financial company that offers products and services with flexibility and affordability. This post will show you how to apply for MoneyLion Plus Personal Loans.

One of its products is a loan that offers you the chance to build credit. Therefore, there is no credit check and no hidden fees.

card

Personal Loan

MoneyLion

no credit check membership

Get flexible terms to repay your loan while building your credit with MoneyLion.

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Although MoneyLion requires membership, becoming a member might be worth considering since it lets you get rewarded and earn some extra perks.

Also, credit-builder loans feature low rates starting at only 5.99%. In addition, you can get the money right away. 

And it doesn’t end there. MoneyLion offers free credit monitoring through TransUnion reports.

So, it is a great opportunity for you to build solid financial health.

Now, learn what you need to know to apply for MoneyLion Plus Personal Loans.

Online Application Process

No need to go anywhere to apply for MoneyLions. You can do it online. Source: Freepik.
No need to go anywhere to apply for MoneyLions. You can do it online. Source: Freepik.

First of all, you need to open an account at MoneyLion to get access to its products and services and apply for personal loans. 

Creating an account is pretty easy, and all you need to do is provide your personal information.

Then, you must become a Credit Builder Plus member in order to proceed with requesting your loan.

Remember that memberships cost $19.99 per month.

Finally, you can ask for your loan by providing your personal information, proof of residence, verifiable contact, and verifiable bank account in good standing.  

Application Process using the app

After signing up for the membership, download the MoneyLion mobile app to manage your finances right in the palm of your hands.

MoneyLion Plus Personal Loans vs. Members 1st Federal Credit Union Personal Loans

MoneyLion Plus Personal Loans offers you the chance to reestablish a good financial path with small amounts, competitive rates, and flexible terms.

On the other hand, in case you need larger amounts, consider learning more about the Members 1st Federal Credit Union Personal Loans.

Check out the following comparison!

MoneyLion Plus Personal LoansMembers 1st Federal Credit Union Personal Loans
APRFrom 5.99% to 29.99%From 6.75% to 18%
Loan PurposePersonalPersonal
Loan Amounts$1,000From $100 to $50,000
Credit NeededFairFair
TermsFrom 1 to 36 monthsUp to 60 months
Origination FeeFrom 0% to 6%Not disclosed
Late Fee$25Not disclosed
Early Payoff PenaltyNoneNone

Now, keep reading to learn how the Members 1st Federal Credit Union Personal Loans works, so you can get up to $50,000 with low rates and flexible terms.

members 1st federal credit union personal loans

How to apply for the Members 1st Federal Credit?

Members 1st Federal Credit Union offers super-long loan repayment terms. Check out the review!

About the author  /  Aline Augusto

My name is Aline Mesquita; I'm a writer here on the blog, where I write about finance in general and other subjects. I have been working with content creation for ten years. Also, I'm post-graduated in Project Management, with expertise in SEO practices. Currently, I am studying finance, market trends, and cryptocurrencies.

Reviewed by  /  Aline Barbosa

Senior Editor

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