Embed Company Badge

A dynamic rating badge of this company can be displayed on your website or blog.

Embed Script
Embed Image


People chose this


User reviews
What does this number mean?

This is is the overall rating score of this company based on customer reviews.

Our scoring model consists of 4 other variables that users can grade separately, which can be seen under Detailed Rating.

Overall Rating
Interest & Costs
Flexibility & Terms
Website & Functionality
Support & Service
Show Detailed Ratings
Hide Detailed Ratings
Get this Badge
Share your experience

Overview - MoneyLion

MoneyLion is a private fintech company that offers lending, financial advisory and investment services to consumers — empowering the American dream by providing everyone access to better products for borrowing, saving and investing

Co-founded in 2013 by Diwakar Choubey, Adam Green, Pratyush Tiwari, and Chee Mun Foong, MoneyLion uses superior analytics and machine learning-based technology to gain a 360-degree view of its users’ personal finances, enabling uniquely personalized advice and underwriting. With its built-in system of rewards, points, and incentives, MoneyLion encourages good financial behavior and better financial outcomes.

MoneyLion is headquartered in New York with offices in San Francisco and Kuala Lumpur, Malaysia.

Our Review of MoneyLion


Our general opinion of MoneyLion is a positive one. Having searched all over the internet for feedback and reviews, there were surprisingly few people with negative comments. Whenever an issue was brought to their attention, MoneyLion addressed it quickly and responded with a proposed solution to the problem.


Our experience with their Help Center was just okay. They provide a frequently asked questions page and a form you can submit to request help with a range of issues and questions. They do not provide live chat or telephone support at this time.


We love simplicity, both in functionality and design, and the MoneyLion site delivers on both of these while staying true to their stated mission: "Rewire the American banking system so that we can positively change the financial path for every hard-working American."

It's easy to understand and use their website, and the loan application was very smooth. It took us less than 10 minutes to fill out the application from beginning to end. They do a particularly good job of highlighting all the products and services they offer members.

Does Financer.com recommend MoneyLion?

Yes, we do. This is one of the most popular lenders we have reviewed, and it's definitely no surprise. Their site and application process are streamlined and simple, they offer reasonable interest rates, and they provide high quality and reliable support. Financer.com can gladly say that MoneyLion is an excellent option when you're in need of a loan.

Why Customers Choose MoneyLion

MoneyLion offers banking, investing, rewards programs, and credit monitoring in addition to creating the Instacash program. Below we have listed just a few of the many advantages of choosing MoneyLion for your borrowing needs:

  • Set APR on loans: The APR is set at 5.99%.
  • Easy Repayment: Installments are fixed, so your payments won't fluctuate over time.
  • Early Repayment Option: Pay off your loan early without being charged extra.
  • Transparent Fees: All fees are made clear during borrowing, no surprise future fees.
  • Access to Premium Services as a Plus Member: Enjoy the perks of being a Plus Member, including zero-fee banking, managed investing and 0% APR cash advances.

Read more about their loan products here.

Sources & Links

Want to learn more?

Learn more about MoneyLion by visiting their official website below:


Reviews from customers

Amanda Thatcher
July 18, 2019
 Easy loan process. Accepts all credit types.
Michael Beumer
July 24, 2019
 No no problems with money lion at all
Danial Sugg
December 19, 2019
 Requested debit card,Received in a timely manner.
Read more Reviews

Reviews - Read Customer Reviews of MoneyLion

Not a top-performing offer

This lender is not among the top rated, based on user reviews. It has received a rating lower than 3.5 out of 5, which may indicate that customers are not fully satisfied with the service.

If you would like to see other alternatives, click here for a list of top lenders.

  1.  Not much... Maybe the nice looking Debit Card and App?
     I tried both Money Lion and Dave and am only sticking with Dave at this point. Dave was consistent and always hit my account on my payday each Friday if I did a small payday loan. Money Lion on the other hand was inconsistent which caused me a couple fees through my bank. So  I cancelled my Money Lion acct by making a final payment of $54.99 to them. Then the next day after cancelling they try to put through a check which THEY CREATED to themselves through my acct for another $54.99 causing me fees at the bank. I've been emailing them now for 3 days about this and sent screenshots and have yet to get a response. 
  2.  I took out an insta cash and as soon as I did it was never sent to my account and now I owe money that I never received !!! This is a horrible company !!!! Why would I pay for cash that I never got!!!!
  3.  The company is great, very honest people they didn’t approve me but they have their reason why
     Nothing really only doing their job,
  4.  Fast
  5.  Loan came in the next day right when it was needed
  6.  Requested debit card,Received in a timely manner.
  7.  They share cool financial tips
     I've been using money lion for 6 months now at first things were ok, now they dont give you cash back from logging in every day and when I checked my investment account the money that was supposed to be invested has been pending all this time, I requested a refund because if the y aren't investing my money they are just a crappy overpriced loan company. I contacted customer service over a week ago, they haven't corrected the issue or contacted me, horrible experience I just want to get rid of them ASAP. 
  8.  Too difficult to do anything thru them
  9.  It sounded good
     Everything , this company is a joke they keep saying I don’t have any direct deposits It says they can’t verify my identity Hell I couldn’t even reset my password for a while If you need quick funds get the dave app it’s the only one I’ve came across that does what it says  it’ll do 
  10.  Sign up was easy
     Why say u can get a 500 hundred loan and only get 75 out of that. Then im paying 19.99 a mnth and for what. Im trying to rebuild my credit not pay out unnessary money. Once I get out im done its not updating what ive already paid.
See More Reviews

Please rate MoneyLion

  • Rate
  • Review
  • Submit


How would you rate MoneyLion services and products?



How was the service? Did you encounter any problems? Do you feel that the company lived up to your expectations? Do not leave anything out - we want to hear all the good, and all the bad!


You are one step away from submitting your review

Sign in with Facebook
Sign in with your Email
Create a new account below
I accept the Terms and Conditions and the Privacy Policy
 Your review is now pending. Please check your email and click on the confirmation link.
Get started nowMoneyLion »