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About MoneyMutual

MoneyMutual brings potential borrowers and lenders together through its online loan marketplace. MoneyMutual's platform gives consumers access to short-term loans from lenders that match their criteria.

Overall Satisfaction Rating

  • 5 stars
  • 4 stars
  • 3 stars
  • 2 stars
  • 1 stars

Pros

  • No cost to use the platform
  • Find lenders who meet your needs
  • Apply online in five minutes

Cons

  • Unavailable in New York, Connecticut

Bottom Line

MoneyMutual bridges the gap between borrowers and short-term lenders through its online marketplace. MoneyMutual offers payday, installment and bad-credit loans.

Top MoneyMutual Reviews

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Rated with 5 stars

Verified

I saw the commercial on TV and called the 1-800 number. I had my money in no time at all. They offer all kinds of loans for all kinds of things. My repayment options are taken out...

Read full review

Rated with 5 stars

Verified

Their customer satisfaction department is the best. Really discussed the pros and cons, was very knowledgeable. Made sure I was satisfied. Didn't push but merely asked important q...

Read full review

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How do I know I can trust these reviews about MoneyMutual?

How do I know I can trust these reviews about MoneyMutual?

  • 3,828,503 reviews on ConsumerAffairs are verified.
  • We require contact information to ensure our reviewers are real.
  • We use intelligent software that helps us maintain the integrity of reviews.
  • Our moderators read all reviews to verify quality and helpfulness.

For more information about reviews on ConsumerAffairs.com please visit our FAQ.

Page 1 Reviews 0 - 10

Rated with 1 star

Verified Reviewer

Original review: Nov. 20, 2019

I got a email saying I was approved for a 5000.0 loan. I asked for a lesser amount of 2000.00 and I had to buy a steam card for 100.00 and a eBay card for 150.00. After I done that they told me I had to send another 150.00. I refused to do that. I believe it's a scam and I'm out of 250.00.

Rated with 1 star

Verified Reviewer Verified Buyer

Original review: Sept. 16, 2019

I very disappointed because, when we seeking for a loan it's because we're going thru some type of hardship and don't have the cash on hand for an emergency. For a lender to loan 800.00 at 725% that's deceptive and bad practice, Plus placing a person more in debt.

Rated with 1 star

profile pic of the author

Verified Reviewer

Original review: Jan. 28, 2018

If you get $300 from Money Mutual you will end up paying $975 in total, which is 325% interest. The system is entirely made for you to get screwed! Do not borrow money over 25% which is already really high, most of the states can not allow loans over 25% and there is a reason why: because then it becomes very complicated to repay!

Rated with 1 star

Verified Reviewer

Original review: Aug. 28, 2017

I was told I was approved for a $5000 loan. They requested I get i-tunes which I did for 500 which I was to get back with my loan. The money was not deposited and when I tried to call both numbers they gave me they were "no longer is service". I am on a fixed income and to not get my money or 500 back is a hardship. I advise to everyone to not be fooled by the fact Montel Williams endorses this site. It is a fraud.

Rated with 5 stars

Verified Reviewer

Original review: Jan. 16, 2017

When one needs a fast injection of cash quickly/immediately, one only needs to go and get it from Money Mutual. The fastest, safest way of having the cash you need, when the need arises - Holidays, etc.. There are more services provided by Money Mutual, such as Loans, Payday pay-outs, Cash to be sent overseas, etc. When one needs these services, they are at anyone's fingertips, and can be very useful at any time. The repayment options are available to anyone who can make the payments back, at a certain percentage. Time frame repayments are available year-round, so there is no rush for cash-back payments to be sent out. The additional fees only apply to the people who cannot make immediate payments back. One only needs is to make sure that arrangements are made to help with the process, so that repayments are made on time/ahead of schedule.

Rated with 5 stars

Verified Reviewer

Original review: Jan. 7, 2017

I saw the commercial on TV and called the 1-800 number. The customer service was very consistent. I had my money in no time at all. They offer all kinds of loans for all kinds of things. My repayment options are taken out on a monthly basis which is better for me. I can pay. The additional fees is not too bad. It's almost like going to an Amscot in paying them back. I would recommend them to family and friends.

Rated with 2 stars

Verified Reviewer

Original review: Jan. 6, 2017

The company needs to be careful who they are hiring. It seems like they just hire anyone to handle clients and these people don't have much training. They don't treat their customers with respect. They were going to charge me extra fees just because I was a new customer. If I was someone who was always late on my payments or something I would understand. But being new you should give me a chance. I ended up not even using the company.

Rated with 5 stars

Verified Reviewer

Original review: Jan. 5, 2017

Their customer satisfaction department is the best. Really discussed the pros and cons, was very knowledgeable. Made sure I was satisfied. Didn't push but merely asked important questions. Also, customers care handled all my questions so that I understand the repayment option which took skill on their part to explain. There is no hidden fees so you don't have to worry.

Rated with 5 stars

Verified Reviewer

Original review: Jan. 5, 2017

The customer service was really good, you can't compare that to anything else. It is good to have something like that where we can always upgrade. The extra service is a great fit for the company. You should always have that opportunity to do so in order to be successful. The repayment option is very flexible and fun. The timing of this service is really good. We need something like this in every other companies. The additional fees are very small but should be cautious about it. In order to do something like this you need to have a sense of security and love.

Rated with 5 stars

Verified Reviewer

Original review: Dec. 31, 2016

The customer service was very nice and it was an easy transaction. The person I was talking to was very helpful and told me more about the progress. Well it really wasn't much extra service. I just wanted to get a loan and they help me very much about getting it. SO I am thankful that they did help me out a lot. They were an easy progress and they told me much about the repayment options and that I could pay on didn't times so I don't have to worry about being able to pay fully I didn't had to pay any additional fees. I was able to pay everything on a timely and they were okay with me paying small payments so I am glad it worked out.

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Source: https://www.consumeraffairs.com/finance/money-mutual.html

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