As surprising as it seems, MoneyMutual does not charge any service fees or hidden fees. Instead, this money-lending platform connects you with lenders for free, which is very refreshing to see and practical for many borrowers that have bad credit scores. Once you start working with the lender, they might charge you with their own fee, but MoneyMutual saves you time and connects you with reliable lenders for free.
- Offers
This platform provides lending services for people without taking into consideration their credit score. Instead, they have a couple of requirements, including a steady income. Furthermore, MoneyMutual offers several types of loans, such as payday loans, which borrowers can get to make it to the next payday. This type of loan is suitable for daily payments.
In addition, MoneyMutual offers cash advances similar to payday loans and installment loans, during which you have scheduled payments to pay back your loan. With the help of this money-lending service, you can get a loan as low as $250 and up to $5,000 in a short period of time.
- Security
Regarding your credentials, you do not need to worry when you are taking loans through MoneyMutual. This is because their website is highly secured with a number of advanced security features. In addition, their policies not only guarantee the safety of your personal information, but their lenders must also comply with their rules, so your information is safe with them as well debit card payday loans Mount Gilead.
Pros
- Loans given with minimum credit score
- Quick approval process
- Fast funding
- No service charges
- Educational section for less experienced borrowers
Cons
- Restricted in some states
- Not responsible for issues after the connection between borrowers and lenders
Customer Experience
We found many reviews from customers that stated this platform is very easy to understand and the site is easy to use. Users expressed this platform has helped them receive loans much faster than any other service, and they were delighted with no service charges. Additionally, many borrowers appreciated the security measures MoneyMutual takes and their determination to connect you with the best lenders possible.
Overview
This money-lending platform was established in 1998 and has since been providing lending services for people with bad credit scores. They are a matching platform that connects borrowers with less impressive credit scores with a larger network of professional lenders. As a company, BadCreditLoans is aware of financial emergencies that often occur, so they give opportunities for people to receive funds as quickly as possible.
Features
In order to be eligible for bad credit loans with guaranteed approval from this platform, you need to meet specific criteria. For example, you need to be at least 18 years old and a permanent citizen or resident of the U.S. Additionally, BadCreditLoans requires a valid bank account in your name, and you must have a steady income.
Generally, when people are looking for personal loans, it requires a ton of paperwork that needs to be provided. However, that is not the case with BadCreditLoans. In order to apply for a loan, you simply need to fill in an application form that you can find on the website. Some of the information you will need to include is your birth date, bank information, contact information, employment situation, credit score category, and the reason why you are in need of a loan.
After you submit your application, this money-lending platform connects you with potential lenders that then review your financial situation. If the lender wants to work with you, they will contact you through email to continue the cooperation. An important thing to know is that every lender has terms and conditions, so you need to make sure you understand what they provide and discuss the repayment process with them. Once everything is settled, the loan will be transferred directly into your bank account in 24-48 hours.