MoneyLion: Go-to Money App Reviews

MoneyLion: Go-to Money App Reviews

Published by on 2023-12-28

About: MoneyLion is a financial technology company, not a bank. With MoneyLion, you get
the tools you need to live your best money life.


About MoneyLion


What is MoneyLion?

MoneyLion is a financial technology company that offers a range of financial tools and services to help users manage their money. The app provides mobile banking, credit-building, financial tracking, cash advances, and investing features. Users can sign up for RoarMoney to get paid up to 2 days early, earn cash back on everyday spending, and unlock up to $1,000 in 0% APR cash advances with qualifying recurring direct deposits. The app also offers Instacash, which allows users to get up to $250 in 0% APR cash advances with no credit checks or interest. Round Ups is another feature that helps users invest or buy cryptocurrency while they spend. MoneyLion also offers Credit Builder Plus, which provides access to a Credit Builder loan up to $1,000 and personalized discounts with PerkSpot.



         

Features


- Mobile banking

- Credit-building

- Financial tracking

- Cash advances

- Investing features

- RoarMoney: get paid up to 2 days early, earn cash back on everyday spending, and unlock up to $1,000 in 0% APR cash advances with qualifying recurring direct deposits

- Instacash: get up to $250 in 0% APR cash advances with no credit checks or interest

- Round Ups: invest or buy cryptocurrency while you spend

- Credit Builder Plus: access to a Credit Builder loan up to $1,000 and personalized discounts with PerkSpot

- MoneyLion Debit Mastercard with Price Protection and Zero Liability

- No minimum balance fees and no ATM fees at over 55,000 ATMs nationwide

- FDIC-insured funds

- Cryptocurrency services powered by Zero Hash and subject to separate terms and conditions.



Overall User Satisfaction Rating


Neutral
85.0%

Negative experience
82.9%

Positive experience
17.1%

~ from Justuseapp.com NLP analysis of 110,827 combined software reviews.

Key Benefits of MoneyLion

- Round ups are invested at a 1.00, which is lower than most apps

- Can split round up between investment and crypto

- Features are helpful and come in handy

- Insta cash is amazing

- Rewards clients for using their service

- Lots of perks on their accounts




20 MoneyLion Reviews

4.7 out of 5

By


Waste of time

I received numerous emails and text on how I was approved for the $500. I entered in banking info and had to manually send in bank statement since it had to be verified. I was then told by representative , an email and text my bank passed the screening process and to continue with the next steps online, after re-verifying my banking info as asked it stated my account/rousting number didn’t match. I called back after waiting on hold for 25 minutes and was told they support team updated it in the system and to retry. I did it again and now received error message my bank isn’t supported! I called back and was told my bank was verified and passed the process on their end but wasn’t sure why I was receiving error online. In the meantime I’m still receiving text and emails telling me I can proceed to get the money....long story short no one can assist with why or how the online system is blocking my banking info saying it’s not supported I was even told to try and use the this app checking account to have funds deposited by a representative and transferred to that department and after being on hold 30 minutes this time I was told the this app checking account hadn’t been open long enough! Complete run around for the past 2 weeks and to this day I’m still receiving offers to apply and that my bank passed the screening process. Frustrating to do all of this for no resolution !!!!!


By


Great app

I love MoneyLion, I love that the round ups are invested at a 1.00 most apps make it minimum 5.00 the point is to invest your change if you buy a coffee for a 1.50 you want the .50 cents invested not hold it until
5 bucks that is a noticeable withdrawal. Soon you can split the round up between investment and crypto. The atm fees can be high with both the atm and app charging you. Great Cashback and reward choices it adds up quickly. Direct deposit comes earlier than my regular bank. My only complaint is that I have both my paychecks directly deposited to the site and I love that instacash boost and credit builder coming out automatically, but I've tried to use payday advance app and even have applied for a loan and both would not accept this app as a bank so I did it get approved solely for that reason. So basically if I need to take a true loan I'll have to have my checks directly deposited elsewhere and it'll take weeks for that to happen and for the companies to see that the checks have been coming frequently to that account. I hope sooner than later places recognize them as a financial institution and not just a finance app because it's basically like showing no income. Those few negatives do not hinder MoneyLion at all the credit bulder, instacash, and investments are worth it on their own.


By


Best pay card ever!!

I’ve had a ton of regular bank accounts you know Wells Fargo Bank of America, South Sound bank, go bank, and none of them were as good as this app, not a one of em’!! I think their features are awesome they’re helpful and they come in handy when you need it. I referred my wife to use her P card to work to have her check direct deposited because of the Insta cash which is amazing to be able to get it in also I was able to get a boost in my Insta cash or referring her so everybody want! I really would recommend this card to anyone that is looking for a non-traditional think who treats their clients correctly by rewarding them for using their service instead of charging them for you after feel like they have to pay for the bank to operate when half the people in the bank or just standing around asking you if you’re waiting in line I am so tired of going into banks in being “helped”, and leaving like I talk to a brick wall or a child or a person with a IQ of six this app has never been a bad experience they’ve always been able to help me work things through if there any issues they say they help you and the amount of perks on their accounts are amazing I mean it’s just almost limitless they come up with new stuff all the time so go this app keep it up hurrah


By


Great investment

So I’ve been a member for a full 30 days now. I was very skeptical at first, I wanted to cancel after my first payment because I read some negative reviews. But, thinking about the situation a little longer I realized all the negative reviews have one thing in common, and that’s because these people didn’t read the documents or what they were signing up for. So I left it at that! Now if you don’t have the money monthly to pay both the membership fees and the loan. Then I wouldn’t suggest MoneyLion, cause you need to spend money to make money, if you have no money then you can’t make any. Anyways, you pay a membership fee of $33 and some change every two weeks. $50 of that goes into your investment account. That is STILL your money! It’s just in a savings account for you basically. ML couldn’t verify my bank account so I was in something called the LOANLocked group. I had to make sure to pay my membership ON TIME, auto-drafted from my bank account. 30 days later with no questions asked I was approved without running my credit for the $500 loan. I don’t have MoneyLion just for the loan. I have it to build my credit, and the ongoing investment. I would recommend MoneyLion to my close family and friends because I trust it. AGAIN READ what you’re signing up for. ☺️☺️☺️☺️


By


Life Raft

I’ve read where some people say that they had a hard time getting set up with Money Lion but in my experience it was straight forward, and there weren’t a lot of hoops to jump through. I got my mom set up with them in just a couple of minutes and she hasn’t had any problems with them either. It wasn’t a whole lot that they had approved me for, but I was able to use their task & reward system to increase the amount. Like most of the lending apps if you directly deposit your paycheck with them they increase your limit even more. And you know what? With the smooth history that I e had with them and their other app features, I’m going to do the direct deposit with them. My bank doesn't give me cash advances when I need them. Also I like their tip system. They don’t charge interest on the loan they ask for a tip. They do cap you at $50 a transaction so you’ll have to tip again, but nobody’s making you tip. I leave what I think is fair for what I’m trying to take out. I know this must sound like a paid review but I chose to leave this review, they didn’t make me in order to continue to MoneyLion like some apps. Anyway, that’s my take.


By


Will not help credit run away!!!!

I got MoneyLion and account as it says if you log in each day you don’t have to pay for the services. I also got the $500 loan to help with increase my credit. This bank only works with a few of the major banks so only my one account that I used for online transactions would work. The major pain is they take 6-7 day’s to process a transaction. It takes 2-3 days before it is taken out of your bank and then some times another 5-7 days to show up on your account as having the loan payment made. I had it set up for automatic payment but even that took 5-7 days and would show that my payment was late due to the lag in the processing of the payment. I contacted there non existent customer service and was sent to there team and services page with zero help. So basically you pay $19 a month to have access to a $500 loan. The loan was easy but the issues with the account and no ability to make payments through bank accounts that do not link through there site such as a ACH or direct withdrawal you can not use checks or anything to make payments and they take so long to clear MoneyLion has now actually hurt my credit. 2 of the months they took longer due to the payment coming out over a weekend they had already reported the payment as late before they processed it. This is a scam please do you fall for this like I did. I have paid back the loan and plan to cancel my membership as soon as possible. Also they will not give you back your money in any way.


By


Great money maker/investment/credit builder

I took a chance with ml for the loan opportunity and I'm so glad I did. From the low interest rate on the loan I received, to the opportunity for financial growth by earning a dollar a day to build on my investment just for opening up MoneyLion and swiping, all the way to helping me build my credit I have to say the decision I made to take a chance was actually one of the best decisions I've made in regards to finances. I do however need to let it be known I am not so happy with my ml checking account, I opened the account because it said free checking account and over 55,000 free atm's but yet the first time I used my card to withdraw money out of an atm I was charged twice one charge was the typical $2 atm fee from the atm's financial institution but then I saw when I was looking at my ml checking account transactions that I was also charged $2.50 from ml as well on top of the $2 atm fee I had already paid. I should not have had to pay a fee to ml as well as pay one to the financial institution of the atm I withdrew from! Now I worry every time I need to make a purchase hesitating and debating on whether or not to use my ml card wondering if I'll be charged for doing so. That is something I should never have to worry about from my personal bank account/institution especially if you were told prior to opening it it's a free account.


By


Hassles Upon Hassles

I liked MoneyLion at first, and I enjoy saving money and being able to request a loan when needed.

However, the customer service for this company is pathetic, and so is the system the billing is under as well. The first time I called the person I was speaking to didn't even sound like he wanted to be there, gave me the wrong information that, had I NOT requested to speak to a supervisor (who also sounded bored and condescending) it could have been a choice that damaged my credit.

Today I call, because I'm willing to pay off my loan. Using a bank account takes way too long and at this point, I'm ready to pay off and cancel due to the hold time and the wait customer service has. I finally get through to someone after a whopping 15 minutes (and fake clicking links on the website to contact support) for them to tell me my card is not supported to pay my loan off in full. Correct me if I'm wrong, but the BANK ACCOUNT is literally attached to that card & vice versa, how can one be supported and the other isn't ? The bank account takes too long to clear and it completely ruins the plan I had since I'm on vacation. I don't even want the membership anymore, cause there's way too many aspects to this membership and it seems that not everyone is skilled or knowledgeable on it which makes it even MORE confusing, to then have this issue with my billing I'm completely turned off. Once paid off I'm finished.


By


Garbage app, customer service is trash and clueless on there own products

Ever since I’ve been upgraded to the Roar Money account it’s been a nightmare. There’s been issues with this app in the past but this about does it. I upgraded to this new account and was encouraged to switch all of my direct deposits to it. A few problems with this. One it would not give me the option to make this my account to make my membership payments so last month it caused a missed payment which I fixed by transferring some money over from my this app Roar account to my old this app account and did a manual payment to my this app membership. This month same thing happened except this time even though my old this app account does expire for over a week the option to transfer from my Roar this app account to the old this app account so I could pay off the missed membership payment. So I had to call in and a representative switched the payments over for me to my this app Roar account and I paid the missed membership payment. I even paid the remaining balance in full for my this app loan. I was told the freeze on my account was gonna be lifted and than the call dropped. No call back so I called in again and this time I’m being told my account even though paid off is still suspended for 3-5 business days so I’m unable withdraw my investments or apply for a new loan. A lousy experience.


By


DON’T USE APP!!!!!!!!!!!!

This is the worse app ever! I tried to give it a chance after the first major mistake. But after having to deal with it again the next month, shows me it’s not worth it! The first incident was when I checked my repayment date, I noticed it had changed. I get paid once a month so my repayment is on the next pay period, yet MoneyLion changed the date to middle of the month! When I checked why it changed it was bc my minor child’s bank acct had a deposit of money. Her acct is linked to mine for management reasons only! I do not have access to her monies. Her acct is under her social and her name. Money lion initiated a repayment from her acct without authorization! That’s stealing! That’s not the acct or debit card I signed up with and they should not be able to steal money from other peoples accts just bc they’re linked! I called for help and I had to delete all accts from app and then re-link and verify with my acct so it would only draft the repayment from MY ACCT. I was told the problem was solved. Then this month the same thing happened! 1 Star rating I’m deleting after I pay them back! Horrible experience!


By


Great but the tip portion is ridiculous and needs more info

I can honestly say I love MoneyLion. Hands down really great at looking at all your money at once. There’s an option to invest, but it doesn’t explain anything about the investing. You have no idea what your invested in and what’s happening with that money. Also, you don’t have the option to take that money back if you no longer want to invest, which is a little ridiculous. The credit building is great, it reports to the credit bureau appropriately and you see the impact quickly. However, the instacash option is ridiculous. When you take out an instacash it constantly asks for a tip. I don’t mind leaving a tip for the help but if you don’t leave a tip your amount of instacash lessens, like a punishment for not paying more. Finally the last complaint would be the cashback shake that they offer. It’s a fun little option and it doesn’t give much back which isn’t an issue. The issue is that you can’t choose where that cashback goes. It immediately goes to the investment, which again you know nothing about. There should be an option of putting the cashback in the checking or in the investment. Overall a good app and great tool for improving credit and having some extra cash here and there but it needs some improvement.


By


What a waste

I have been using money lion for pretty close to a year. Never had any issues until lately. I contact customer service to let them know that they are drafting my membership fees and loan payments on opposite weeks that I get paid and to please correct it. That was back in October. Never got done. After being charged multiple nsf fees from my bank I called them again, yet they have no record of me calling. I try to look past it cause everyone makes mistakes. I get my direct deposit sent here and that is when al the real issues start. There as too many bugs. I log in ever single day. I never miss. Yet since they had to change my payment dates which they finally did the customer service rep that I spoke to assured me that I would still get my 50 dollars back into my account. Not true. Even though they still took the payment out of my direct deposit the following day ( my direct deposit is set is with them) so they can see my deposits they paused my membership so that they could keep my 50 dollars. As soon as my taxes get here I will be paying off my loan and direct deposit. Too many bugs. Customer service supervisors just lie to get you off the phone. It says that I need to finish setting up my account with direct deposit all the time even though it is set up already. Today it says that it can’t verify my bank information even though they are my bank. Don’t waste your time.


By


Left me with no money 3 days before Christmas

I have had this app for years and been very happy with it. My instacash had increased to $780 which I always paid off early when used. All of a sudden 3 days before Christmas my instacash eligible amount decreased to $180! I had been depending of using a good portion of that for bills due to Christmas expenses. After three different calls and being told three different things I was finally told this morning it was because I had an EXTRA (yes extra) $100 deposited into my account December 1st. Even though my direct deposit was the same amount there is a glitch in the system it thinks your deposits are inconsistent..that makes you ineligible for full amount till the next payday January 28th in my case😭 The worst part is that apparently they have been aware of this glitch because it happened when some ppl received an extra govt payment and no one thought to warn customers! I can’t even begin to explain the financial hardship this has created for me. And the fact that there is nothing that can be done to fix it is unbelievable to me. Unless some miracle happens and the system “unglitches” itself I will be closing my account and moving my direct deposit before my next payday. I hate it when I have loved this account so much but I cannot risk another $600 system problem that takes over a month to fix


By


FRAUDS! STAY AWAY FROM MONEYLION!

this app fraudulently opened two separate accounts in my name with two different social security numbers. They opened a $500 Credit builder PLUS loan in my name without my knowledge, authorization, consent or approval. They forced me to pay that loan off even after I filed a police report which backed my identity theft claim, complaints with the CFPB, BBB, The NY State Attorney General’s office, and the FTC. They reported this to the credit report which is how I found out about it. The bank they had on file is not a bank I have ever done business with. They are SCAM artists and they are frauds. DO NOT do any business with them. They are nearly impossible to talk to on the phone, they don’t care that they have fraudulent accounts, and refuse to follow the laws on the United States to correct this.

They owe me a lot of money and they said that they already paid it. That’s a lie. Then they said their “engineers” had to review and release the $375 escrow funds (that I never opened in the first place but was required to pay off) within 5 days, yet the haven’t. I want a refund of all monies paid to protect my credit because they are full of crap. This company is a bunch of scam artists and their call center is based out of Malaysia. They have no regard for identity theft victims or their customers. STAY AWAY FROM this app! You will regret this!

They need to be SHUT DOWN by the government!


By


Helpful

It’s not easy when you live paycheck to paycheck and it’s not easy looking for different ways to make sure you aren’t counting down to the final dime to get to your next. MoneyLion does help. Not just by helping you access your check early but, by having so many other options and advice. Different avenues to help you save and learn how to money manage. It’s filled with tools if you want more than just trying to make it to each paycheck. Small loans, big loans, credit building, debt consolidation and credit score info. It’s not there as a quick fix and to put you further in debt. As someone who grew up living paycheck to paycheck I know very little about how to build credit and properly manage money because it seems like the minute I get it well it’s gone. I’m not too proud to say that I’m not money savvy. Or that my family were not and are not credit building types. It was always. Survive and you’re okay. That doesn’t help you much. MoneyLion is helpful and very user friendly. I’m not on top of my game yet. But I feel like I can be eventually. And MoneyLion does help. So yes, I highly recommend.


By


Buggy and disappointing

There is consistently lots of bugs in MoneyLion and I’ve had it for over a year now. I pay for a this app premium membership and the credit advice feature has never worked for me. It freezes up MoneyLion after answering the security questions. The flow of MoneyLion is not logical. Making the smallest changes like an address change is even a difficult process. All this app users were recently forced to switch from this app checking to a Roar Money account. In doing so, we had to let our this app accounts close after opening the Roar Money account. We now pay a monthly fee as well. I used to schedule money transfers from my Wells Fargo account to this app twice a month, and I tried to link my WF account to this new Roar Money account and it shows that it does not qualify for transfers with WF. I’m super disappointed. I really liked my this app account and now I’m paying for an account I can’t even make transfers to or find an ATM for. It’s a hassle. I’m trying to close the RoarMoney account I just opened and I can’t find where to do that, just like everything else in MoneyLion . There is not a phone number to call or a chat to get help. You have to fill out a stupid help form on their website for every little thing.


By


It’s really a 5 Star

I would have given this app a 5 star rating if it wasn’t for the verification system they have in place. But I can also blame them for the glitches because customer service seems to know what’s going on but doesn’t come right out to tell you, and that makes the verification go on for weeks. If some would have taken the time to explain I would have given 5 stars. After answering about 4 questions about myself which I answered CORRECTLY the computer told me I was wrong and I would get another try, the second time the same thing my answer were ALL CORRECT but there was no third try it told me I had to wait a week then reapply for the checking account which gives you a lot more options when it comes to borrowing money. Which in a sense is ur own money. But what gets me is why not just tell me I’m not eligible for the checking but I’m ok for the investment part which I really like and think it’s an Awesome way to save & invest at the same time. I wish I could get the checking account that would complete my portfolio! I still recommend investing it’s worth it, now and for the future!!! BeeMan


By


My personal experience

My personal experience

If there were an option to give money lion 0 stars..I would. I had no problems with money lion up until someone tried to open an account with my social security number. Instead of Money lion making this person verify their identity, they closed my account with all monies I had tied into the account. I sent them a copy of my ssn and drivers license and still nothing. My issue is they do not secure your identity. I can open a Money Lion account right now and type in any ssn, this ssn could be YOUR SSN and just like Money lion will close your account. Anyone can claim to be you. Money Lions Algorithms are unsecured. I am extremely disappointed in the way their “care specialist” are handling the theft of my Identity. This is a weak and fraudulent company. I can open a money lion account and claim your phone number and just like that your phone number is removed form your account. They will not try to reach out to you to verify any one’s information, they just allow anyone to make these changes. I would love to read the response from the company so I can shut them down. I can and will back up any statement made in this post. Money Lion are MONEY LIERS!!! And THIEVES. Don’t trust them with your personal information. It is too easy to become a victim of identity theft with this company.


By


If it was legitimate....

So everything was totally great, then my monthly payments weren’t coming out each week. I called numerous times the first time they didn’t go through and couldn’t get through. When I finally did they tell me I was in “default collection” just 2 days past my due date because my bank account number to take the payments out were wrong (but not wrong to put the money in my account mind you) so they make up a “new payment plan” and instead of 52 weeks pay off I have now a 12 week pay off as “punishment”. I negotiated to 16 telling him I put the right account number in (he even read off the right number to me) and begrudgingly accepted. Then I wait the next week for the payments to come out and they don’t. Instead I get an email this time (the first time I had to track them down) and it says “broken promises” as the headline and that my account number was incorrect and they couldn’t take the payment out. This was after 56 minutes on the phone (a recorded line) with a rep to fix my “issue” the first time.
I knew the terms and agreements I read it I knew I’d have to pay that wasn’t the issue, but this company is literally pushing people into paying more and lying about how they’re doing it. It’s a shame because if they’d done it on the up and up they could make a ton of money with good reviews and a great business model.


By


Changed my life

Honestly. Too much to say. But not enough time with the hustle known as life. this app has saved me numerous times. From issues with overall finances. Bailing me out of tight situations where a little extra was just needed when emergencies happen. Sometimes no matter how hard you budget. When stuck in the repetitive middle class where taxation on wages earned is more impactful than those above and below. Where trying to break the cycle of living paycheck to paycheck is seemingly not plausible. It really helps to be able to get by. As any business model will prove. Products and services do come with a cost. Regardless of the 7.99 instant transfer fee. Or the constant bombardment of tip inquiries. Nothing is free. However. It is all reasonable. I can without a doubt say that in terms of consistency, Accessibility, and options presented by this company. That it has well been worth it to me. But I’m just some random dude. There are no subscriptions or monthly fees for the program. They offer an array of services. So if your curious. Find out for yourself. Thank you this app


By


Super excited thus far...

I downloaded MoneyLion and although there are issues like DL not scanning and the #growyourstack option doesn’t pan a flat surface, I was able to get everything else going. I was super skeptical, ESPECIALLY after reading all the reviews about high interests, unexpected “surprises”, and scams but if you, as a consumer, do you part and actually read a document, you will see exactly what are signing up for. I was approved for the loan at the 5.99%; they don’t even check your credit for it and their requirements for approval are clearly stipulated. I opened up the contract to make sure and I was happy to see that I was set up for payments according to my pay period and at a 5.99% APR. Had I seen something different, I wouldn’t have accepted the loan. I would recommend that you open docs and read them before agreeing to anything. I am looking forward to having the issues worked out so I can take 100% advantage of all this app’s functionality. Financial stability is very important to me. It is clear to me that this app knows that there is an enormous gap between basic financial knowledge and healthy finances and they are invested in bridging that gap to help those of us that haven’t made the best “financial” decisions. I will come back and update my review as time passes. I’m hoping to bump it to 5 stars and 2 big thumbs up!!


By


Best credit building app around!

When I first started using this app it was way back when MoneyLion first came out for iOS only!!! I won’t lie back in 2018 my credit score sucked. Now my credit score keeps getting higher and higher. I owe a huge part of this to ML. If you get a loan and pay things back on time and follow the advice they give you then you’ll be set for success. Seriously this app is actually my longest running bank and although MoneyLion has glitches here and there this app has always had my back. Just literally follow the qualifications and be responsible and this app will be a tremendous app for you and IMPROVE YOUR CREDIT SCORE! If you think you can just get a loan and bail it won’t work. So don’t complain because you didn’t get a loan right a away. I had to wait one year before I qualified, but I’m proud to say I am a this app customer and will continue to use this service. I was a credit dummy when I joined and now I feel like a pro. Let’s not forget the awesome investing features too!!i really Can’t say anything bad about money lion. 5/5. 🤝👌👍


By


THIEVES! STAY AWAY

This company is absolute garbage. I took out the 500 dollar loan and paid it off early. I called to cancel my membership and ask to liquidate my investment account. The guy said I will have my money in 7-10 business days. I call them 7 business days later to check up on my money. They say that no liquidation request was made (I made sure when talking to the guy originally that it would be liquidated and in my account in 7-10 business days). So I asked to speak to a supervisor who said he personally submitted the liquidation request and I would receive my money in 7-10 business days. I call them 7 business days later to check on the status and they tell me that the liquidation is in process and the money should be in my account in 3-5 business days. So I wait 5 business days and call today. The guy said that the liquidation is still in process and doesn’t know what is going on but he will send a message to the higher ups to see what is going on. It has now been a month since I originally canceled my account and still haven’t gotten my money. They’re just giving me the run-around like the other reviews I have read stated. Do yourself a favor and stay away from this trash company. I am going to report them to the correct agencies and I am going to take legal action. This is theft. Plain and simple. Stay away.


By


IF YOU NEED ADVICE Before getting this app

When i first got this bank i was excited i was accepted for this app after i entered all my personal info i was given access to MoneyLion they ask you if you want to join the MEMBERSHIP they give you different pay options on how to pay it ,they even ask you to link your bank account you already have . DONT BE WORRIED !!:) they’re a bank they need this stuff to help you operate. You can get access to a 500$ loan . I couldn’t get the loan right away which made me think this was dumb but it said i was on a lock down sorta thing . You have to check into MoneyLion every day to unlock the 500$ loan for about 30 days and after it’s GUARANTEED I PROMISE YOU how you spend it is in you just remember ITS A LOAN IT AFFECTS YOUR CREDIT AND HELPS BUILD CREDIT. So the MEMBERSHIP fee goes into your investments account I’ve had this for about 2 and half months and I have 200$ in my investment account from getting 1$ every day i check in MoneyLion and i also have a direct deposit set up to my card i don’t have access to instachash even though i do have money going into my account but i know MoneyLion is a good way for you to save money in the years coming


By


Run Away

I have no idea how they have so many 5 star reviews... other than they must be somehow paying people to generate them. This company has the worst customer service I’ve ever experienced. I’ve called them over a dozen times to address issues with my account after countless emails fail to resolve anything. First of all, your emails will be replied to from a generic account so you literally can’t follow up with the same person. Also, no one has ever responded to my replies to a request for more info on an issue. So I will email about something, get a reply, then respond and literally no response thereafter. Every time. Also, calls to sales reps always seem to go well, but when they escalate you may or may not hear back from a manager. I was told that there was clearly no direct deposit pattern even though I have a direct deposit of $4200 every month on the last day of the month happen. How that isn’t clear I do not know. And that was a managers response. The poor people at the call center, good luck if you can find that phone number, are genuinely good people but given no power by a company that screws its customers. Their app is also an atrocious excuse to upsell you on their add partners. You can’t check your balance until you’ve clicked through a bunch of 3rd party offers. Again, run.


By


I love MoneyLion😍

I absolutely love this app it is a legitimate resource for saving and a legitimate source for a loan!! I started using this app in May and have already been able to save almost 300$ now I know 300 doesn’t sound like much but considering the fact the my savings account would always show zero I count this as a win, also in addition to the investment account, I was able to get a 500 dollar loan the next business day with NO hassle, of course you need proof of income and ID but that’s pretty much all they asked for so as long as you have a legitimate bank account a source of income with direct deposit and A government issued ID you will get a loan!!! And they are easy to payback my loan only charges me about 19 dollars every payday now MoneyLion does cost 79 a month but 50 dollars of that automatically goes into your investment account so it’s your money it’s kind of like a forced savings which I don’t think is horrible, and you get one dollar everyday that you login so MoneyLion is really free if you are logical lol but other than that don’t be hesitant to give it a try!!! Good luck


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Fake it till you make it

At first a lot of the options provided to you seem really attractive at first and they offer cool things such as points for having a simple checking account. once you actually have MoneyLion and accounts with this app it feels like you're being neglected as if there's no one there to assist or help you when MoneyLion doesn't work as intended (which is a majority of the time) i've tried doing simple things such as withdrawing a simple $50 from my investment account. It always denies the request and says try again later, and i've been trying for weeks now while they've been syphoning money out of my bank account for plus membership. when you call support you'll be on hold for a good 45 minutes until you get a human if the automated system doesn't hang up on you for selecting certain options as it did when i called in 5 times. Live chat seems to be hidden on the website as if they don't want you to find it. Whilst also having multiple customer service numbers to almost seem it's more of a labyrinth of hoops to jump through opposed to actually helping you. Save yourself and don't fall for the intriguing offers and rewards because once they snag you as a client they'll ignore you as if they don't value you using their services.


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Moneylion Membership

After carefully reviewing, and downloading the this app app, it has come to my attention that money lion will still charge you for the membership fees, even if the original bank account you linked up to money lion is no longer active. I have been having problems with MoneyLion for months, just dragging my credit score down. My original score was excellent, and now it has dropped to being fair.. it’s all because of the way this app handles its payments. It’s hard to get in contact with this company, and even harder trying to pay them back. Do yourself a favor and save yourself the troubles. They offer you a $500 loan, and the membership is supposed to help you with your credit, yet it’s very difficult to continue to make payments. MoneyLion won’t even allow me to take out my old bank account information, and everytime I log into MoneyLion , it will tell me how my account is currently suspended, yet I still have access to MoneyLion . I’m very confused, and I do not want to be apart of money lion anymore.




Is MoneyLion Safe?


No. MoneyLion: Go-to Money App does not seem very safe to us. This is based on our NLP (Natural language processing) analysis of over 110,827 User Reviews sourced from the Appstore and the appstore cumulative rating of 4.7/5 . Justuseapp Safety Score for MoneyLion Is 17.1/100.


Is MoneyLion Legit?


No. MoneyLion: Go-to Money App does not seem legit based on our analysis. This conclusion was arrived at by running over 110,827 MoneyLion: Go-to Money App User Reviews through our NLP machine learning process to determine if users believe the app is legitimate or not. Based on this, Justuseapp Legitimacy Score for MoneyLion Is 100/100..


Is MoneyLion: Go-to Money App not working?


MoneyLion: Go-to Money App works most of the time. If it is not working for you, we recommend you excersise some patience and retry later or Contact Support.



Pricing Plans

**Pricing data is based on average subscription prices reported by Justuseapp.com users..

Duration Amount (USD)
Billed Once $4.00
Monthly Subscription $35.00


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