MoneyMutual Review


1.8 rating

Foundation Year

Office Address

8174 Las Vegas Blvd S STE 109-432 Las Vegas, NV 89123-1029

Phone number
+1 (800) 567-0142



  • Rich selection of lenders
  • Find the best loan rate in a single search
  • No cost to use the platform
  • Bad credit is ok
  • Easy online application
  • Available throughout the US
  • A member of the Online Lenders Alliance (OLA)


  • Not a direct lender
  • Maximum loan amount $2,500
  • Unavailable in New York


MoneyMutual is a referral service that builds a bridge between potential borrowers and reputable US lenders. It is a comparison website, that can be used to compare the loan terms of different lenders. This is a safe platform for borrowers with bad and poor credit.

What loans does MoneyMutual offer?

The company helps you find the best short-term loans. These are traditional payday loans that must be repaid in one lump sum when you receive your next paycheck (1-3 weeks), or installment loans that allow you to repay your loan in equal monthly payments within a longer period.

What states does MoneyMutual service?

The service is available throughout the U.S. (apart from New York): Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, and Wyoming.

What terms and rates does this company offer?

Using a MoneyMutual search tool does not impose any fees. When it comes to APR fees, this is entirely down to the specific lender you are connected to. Your APR will depend on the data that you provide within your online application. The better your credit is, the better APR rate you will have. Some of the things that influence your APR are your FICO score, income, home ownership status, credit history, current debts, employment, loan amount and term.

Some of the lenders within the MoneyMutual platform may charge an origination fee ranging from 0% to 5%.

How to apply for a MoneyMutual loan?

Finding a loan offer via the referral service is very simple. You will initially need to select the desired loan amount and term. Then you then need to enter some personal information (full name, birth date, home address, phone number, social security number).

Next, you will need to provide some information about your income (your monthly income, employment status, work address, home ownership status, etc). Finally, you will need to enter the bank account details.

After that, you will be presented with a list of lenders that are ready to give you a loan. Each lender has its own rates and terms. At this point, you can refuse the service and cancel the application.

If you are satisfied with the loan terms, accept the offer. You’ll likely to receive the money deposited into your account the next day.

How do I qualify for a loan?

To get approved for a MoneyMutual loan, you will need to comply with the basic eligibility criteria:

  1. Be a permanent US resident or citizen;
  2. Live outside of New York;
  3. Be at least 18 years and above;
  4. Have a regular source of income;
  5. Earn at least $800 per month, after taxes;
  6. Have a checking account in your name;
  7. Have a social security number.

You do not have to have full-time employment or good credit.

Can I take a loan if my credit score is low?

Yes. MoneyMutual partners with lenders that work with all credit scores. This means that you are likely to get approved even if you have bad credit or no credit. Some lenders within its network will not check your credit rating at all as they are more interested in your monthly income.

How to pay a loan back?

Each lender from the network of MoneyMutual has its own repayment terms. However, in most cases, your funds will be withdrawn from your checking account automatically on the agreed date.

If you are having a payday loan, then the entire amount will be withdrawn from your account when you next get paid. An installment loan is repaid in regularly scheduled payments. If you don’t want to opt for an automatic withdrawal, then it is worth asking the lender if you can repay your debt with any other methods. Some will allow you to pay via a check, debit card, or money order.

Can I pay a loan back earlier?

Yes. In most cases, you are allowed to repay your loan earlier without prepayment penalties. The quicker you repay your loan, the less interest you’ll have to pay on it. However, some lenders will schedule an automatic money withdrawal. So you’d better check the fine print with your lender to see if this is the case with yours.

Does MoneyMutual have a mobile app?

No. The company does not have a mobile app. So if you got used to applying for a loan via your smartphone, this may cause some inconvenience.


MoneyMutual provides access to multiple lenders at the click of a button. Moreover, the application does not damage your credit score, so you can quickly find the best deal in a trouble-free environment. It’s also nice that the company is suitable for borrowers of all credit scores. If you have bad credit and want to find some of the best rates in the industry, this service is an excellent solution. We recommend that you double check the loan terms and rates before you sign the contract.


1.0 rating

This is a scam… they work by selling all your information to a third party… 100% fraud. Choose other lenders. STAY AWAY FROM MONEY MUTUAL.

Christopher Reeves
1.0 rating

They say they can find you the best loan but after all the run around NOTHING. Total waste of time.

Gary Schmidt
1.0 rating

Bad service and so uncomfortable. I should have read some reviews first.

Mitchell Sykes
5.0 rating

Genuine lender that approves bad credit. Best rates available.

Wendy Mendieta
1.0 rating

Applied 4 months ago and since then have been bombarded with emails for loan offers. I have tried to unsubscribe from these emails but it was simply impossible!! I have contacted them directly and ask them to stop sending me the emails, their answer was that they cannot stop the emails. Not recommended.

Willie Johnson

Feedback Form