Loan Fees and Repayment
MoneyMutual is a FREE resource that allows borrowers and lenders to come together. Lenders can often make a real-time decision about providing you a loan.
Get Your Cash in 3 Easy Steps
Here’s How it Works:
Submit Your Information
Fill out the simple & secure form and submit your information for lenders to review. The marketplace is free for you to use and you may be able to find a lender in a matter of minutes.
Lenders Review Your Info
The information you provide helps lenders determine if they want to work with you. Once you submit your information to the marketplace, lenders review your information in real-time based on the lending requirements they previously established. Based on the lender’s individual and independent review, they decide whether or not they would like to work with you. If a lender decides they would like to work with you, you will be redirected to their website where you can complete the lender’s lending process, review the loan terms, and if acceptable to you, accept the loan.
Access Your Funds
If you agree to work with the lender, your lender can deposit your funds directly into your bank account in as little as 24 hours*. Remember that your loan fees and repayment terms are agreed upon solely between you and the lender and any questions you may have about those fees or terms should be discussed directly with them.
There are many types of lenders that work with consumers that use MoneyMutual. Each lender offers different types of loan products. Many of these lenders offer short-term loans that offer a variety of repayment terms, depending on which lender you work with.
Those who are approved are often offered somewhere between $250 – $2,500* depending on factors like your monthly income, how long you have had your job, etc. To better serve the needs of consumers, lenders offer a variety of financial products, such as short term loans, cash advance loans, payday advances, installment loans, personal loans, lines of credit, title loans, and auto equity loans.
Since MoneyMutual is not a lender, we are not able to provide or advertise the actual terms, rates, annual percentage rates (APRs), or fees associated with the loan you may receive from a lender. The reason for this is that the terms, rates, APRs and fees vary from lender to lender.
If a lender agrees to work with you, you will be shown this information as a part of the loan terms, by that lender when you are redirected to their website.
Please review the information the lender provides carefully and make sure that you understand how much money you will receive and how much you are required to payback.
Each lender should provide its loan terms clearly and in a way that is easy to understand. If you do not understand the terms of the loan or don’t agree with them (including the APR), do not continue or agree to the terms and do not provide your electronic signature.
You are not obligated to accept the terms for any reason; however, you will not receive the loan if you do not agree. Reach out to your lender directly if you have questions about their loan offer.
If you accept the terms and conditions of the loan offered to you by a lender, you are agreeing to pay that loan back. Partial payment, non-payment or late payment of your loan may result in additional fees, legal collection action, or your failure to pay being reported to a consumer reporting agency.
Every lender has different terms and conditions for their loans. Most lenders are often willing to work with you if you should need some help. If you have questions or need more information, please call your lender directly. Let them know that you connected with them on MoneyMutual and they will be happy to help. If you have any issue contacting them, please let us know.
Renewal policies are different for every lender. As a convenience to you, some lenders may agree to alternative payment options. Some options may result in a renewed loan and additional loan fees. Please make sure to review your lender’s renewal policies, and make your payment preferences known to your lender. If you have questions or need more information on renewal policies, please call your lender directly. Let them know that you connected with them on MoneyMutual and they will be happy to help. If you have any issue contacting them, please let us know.