Advertiser Disclosure

MoneyLion App Review: Personal Loans, Credit Monitoring, Rewards, and More

Want to Earn Some Extra Money?

  • SurveyJunkie: Earn up to $50 per survey with one of the highest-paying survey sites on the web. Join SurveyJunkie Now
  • Mistplay: Earning money by playing games on your phone sounds like a dream. But this app really pays you for playing new games with cash rewards. Download Mistplay for Free (Android only).
  • Robinhood: This investing app lets you trade stocks and do everything for free and takes no fees — ever. Better yet, if you join through this link you can get a free stock like Apple, Ford, or Sprint when you join (must complete signup).

When people have huge expenses, which arise unexpectedly, they often take personal loans or put those expenses on their credit card to be able to cover for the cost.

This can lead to a high-interest rate which only increases the debt for most people. It can also make it difficult for someone to improve their financial situation. This is where MoneyLion can help, and they provide a much better financial option for their consumers.

Since it was founded in 2013, MoneyLion has helped lots of people improve their financial health and to find ways to save more money. In addition, since 2013, MoneyLion has provided over 200,000 loans to people to help improve their financial life. You can learn more about their loan products here.

For people still struggling with debt repayment and those who are trying to improve their financial security, MoneyLion provides then with options that can help them save money with reduced effort and can help them find better rates. This MoneyLion Review will show what you can expect when using the MoneyLion app.

MoneyLion Logo

Join For Free
 

  • Improve your financial health with the free MoneyLion App.
  • Provides you with access to low-interest personal loans, helps track spending and savings.
  • The app provides financial advice to help you improve and control your financial life.
  • The MoneyLion community has over 2,000,000 members.

What Does MoneyLion Offer?

Want free money?

  • Aspiration: Want to get spotted a $100 for free? Simply sign up for Aspiration, and the free banking app will give you cash for free, you just relax while it gives you $100 just for opening a new debit card. There’s no catch, just use your card to make at least $1,000 in cumulative transactions within 60 days of opening an account. This bank account is legit and only takes two minutes to sign up for an account.

MoneyLion is a financial service mobile app and website that provides customers with access to low-interest personal loans, helps track spending and saving, and also provides financial advice to customers to help them improve and control their financial lives.

MoneyLion was designed to help people regain full control over their financial lives and it does this by arranging peoples financial information in one location on their smart devices. It is an app that provides many functions such as tracking credit score and spending or helping customers find a lower interest rate.

MoneyLion Plus Loans

MoneyLion provides loans between $1000$ to $35,000 to their customers without the need to provide collateral.

This loan can be used without any restriction.

MoneyLion’s Automated Savings Program

In addition to providing easier ways to save, MoneyLion also helps customers access an automated savings program where their money is being invested in a wealth account.

This means that’s customers can take zero interest loans to repay debts and cover other expenses, thus saving money that would have been spent on high-interest loans.

MoneyLion’s Credit Tracking

Instead of signing up for credit monitoring programs that can impose arbitrary clauses just to provide access to credit tracking, the MoneyLion credit monitoring software is a better option.

In this program, not only will you be able to keep tracks of your credit records, you will also be able to improve your credit score by means of other programs which MoneyLion offers to its customers.

MoneyLion’s Rewards Program

When customers ‘display financial responsibility’, they receive endorsements on their MoneyLion accounts.

These endorsements will help them earn rewards such as gift cards to stores such as Starbucks, Amazon, or Walmart.

They can also receive discounts on their loan APR which can be up to 15%.

Customers can display financial responsibility in the following ways:

  • Verifying their identity by confirming their email address or phone numbers and confirming their social profiles to prevent fraud.
  • Making sure they make loan payments on time.
  • Avoiding late fees, increasing saving by 5%, viewing net worth, connecting bank accounts and credit cards, amongst many others.
  • Increasing credit scores or making sure credit utilization is below 10%.
  • Writing reviews and getting upvotes on such reviews.

What is MoneyLion Plus?

MoneyLion Review: Is it a Scam or Legit?

This MoneyLion review shows that MoneyLion is a wonderful choice for people who want to improve their financial situation, but cannot due to high-interest loan rates and many others. It helps them take control of their financial lives and improve their savings.


Games that pay you to play. Yes, we're serious.

These 3 apps will pay you to play games on your mobile device:

  1. Mistplay (Android) - If you have an android device, you can download this app and start getting cash rewards for playing new games.
  2. Solitaire Cube (iOS) - Earning money by playing games on your phone sounds like a dream. But this app really pays you for playing solitaire with cash rewards.
  3. Lucktastic (Android) - This free app offers the same daily scratch-off cards that you find at your local convenience store — but here you can play for free and win real money.

 

Want free money?

  • Robinhood is a free investing app for your phone. I really mean free all around – free to join and they don’t charge any fees to buy or sell the stock. You can get a share of stock like Apple, Ford, or Sprint for free when you join through this link. The value of the free share may be anywhere between $2.50 and $200 and fluctuates based on market movements. You’ve got nothing to lose.

Bottom Line:

MoneyLion is a mobile personal finance and lending app that helps customers get in control of their finances by providing them with tools that help them track their spending, saving, and credit usage.
Brian Meiggs
Brian Meiggs
Brian is the founder of My Millennial Guide and is an entrepreneur who has spent the last few years creating websites and building brands. He has been quoted in several online publications, including Yahoo! Finance, NASDAQ, MSN Money, AOL, Discover Bank, GOBankingRates, Student Loan Hero, Fit Small Business, Cheapism, SmartAsset, Bankrate, RISE Credit, AllBusiness, Cheddar, Commonbond, Niche, Rewire, Credit Donkey, Debt.com, and more. He uses the free Personal Capital app to manage his cash flow and net worth.

Related Posts

Do NOT follow this link or you will be banned from the site!