Providing Fast, Simple Short-Term Loans to Over 2 Million Consumers
In life, there are some events that you can plan for, like getting married or buying a new home. At the same time, there are many more events that happen without much warning — such as a blown engine gasket or emergency medical situation. Ideally, we’d all have the savings to cover such unplanned surprises, but sometimes we simply need a little short-term help to cover an unexpected expense.
For over 2,000,000 consumers, that help has come from Money Mutual, an online lending marketplace connecting borrowers with lenders from around the country. Users can find loans for amounts up to $5,000 and receive funds in as few as 24 hours.
“MoneyMutual’s online marketplace was created to help consumers get access to cash fast!” According to Money Mutual’s website. “While many loan options can be time-consuming, MoneyMutual was founded to provide consumers a marketplace where they can find short-term lenders quickly & easily!”
What Is MoneyMutual?
MoneyMutual is a service that acts as a middle man, connecting you to various money lenders so you can get loans quickly and easily.
They have a network of 60 different lenders and are willing to work with you even if you have bad credit.
They offer a variety of loans, including payday and installment loans. MoneyMutual is a great service to help you find short-term loans without any additional fees.
How Does MoneyMutual Work?
MoneyMutual offers an easy-to-use website, allowing you to fill out a form and find a lender in just a few hours.
They can connect you with up to 60 potential lenders and educational resources so you can understand the loans you need.
With only a few requirements, MoneyMutual is an easy way to find a quick loan that can help you avoid late fees.
Pros:
- No Fees
- Easy-to-use website to find lenders
- Can receive loan offers in hours or even minutes
- Provided educational resources
- Easy approval process
Cons:
- Can’t help you with loan problems after you sign
- Doesn’t offer loans to certain states
- Only available in the U.S.
- Need a regular source of income
MoneyMutual Review
- Fees: MoneyMutual doesn’t require any fees when using their service. They strictly act as middle-man, providing you with as many lenders as possible to get you a fast and easy loan. However, once a lender is provided, the lender may have their own set of fees. Before signing any loan, be sure to check if there are any fees that the lenders require.
- Income Requirement(s): MoneyMutual requires you to have a regular income of at least $800. You will need to identify where you get this money in order for lenders to determine if you are eligible for a loan by providing pay stubs and proof of employment.
- Recommended Credit Score: MoneyMutual is very accepting when considering one’s credit score. They are willing to work with bad credit scores, so don’t worry too much if you need a loan and have bad credit.
