MoneyMutual Reviews – Legit or Scam?

 


MoneyMutual.com
from 6 reviews Review It
MoneyMutual.com

 

MoneyMutual is a website that provides matching services for people interested in payday cash advances, auto equity loans, or other types of short term installment loans.

MoneyMutual may be most recognized for their commercials featuring Montel Williams, promising that they are a trustworthy source that can find anyone a short term loan quickly and easily.

If you are interested in a short term loan between $200 and $1000, have employment and an active bank account, then you may be eligible to be approved for a short term loan in just minutes, with the funds being deposited into your account by the next business day.

What to Know about Short Term Loans

Short term loans are provided to those with bad credit, or no credit, who are not eligible for more traditional loans through larger financial institutions. These loans are intended to be paid back right away, often within 2 to 4 weeks.

Unfortunately, because these loans are often granted with very little restrictions, the interest rate and fees are very high, and can be difficult to pay back.

MoneyMutual is just a lender matching service, however, and not a lender. Once you have accepted a lender’s terms and rates, you will need to direct all questions and problems to the lender you have contracted with.

What to Expect from MoneyMutual

MoneyMutual can connect their clients with over 60 short term loan lenders, who have the ability to make real time decisions about providing you with a loan, so that you may have the funds directly deposited into your bank account by the next business day.

MoneyMutual is a free service, and will cost you nothing to use. You are also able to see what lenders are able to offer you without any obligation to accept the loan, or the terms and conditions provided by the lender, until you are sure you want to.

Their lenders offer installment loans, lines of credit, title loans, and auto equity loans. If you have any questions about what kind of loan you would be eligible for, MoneyMutual offers live chat assistance on their website.

Note: If you’re interested in learning more about Payday Loans check out our detailed guide, “Payday Loans Explained: Should You Ever Get One?” for more info.

 

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Customer Responses, Reviews, or Complaints


Average Rating for " Money Mutual " is 1 out of 5 based on 6 reviews.

  • Jeremy says:

    October 2nd, 2014 at 8:10 am

    That’s the problem with this country .. Citizens get ripped off by theses companies and authorities don’t do a thing … That is pathetic , oh yea because it’s all one viscous cycle it’s all related … Government is a scam and the American dream is becoming how to screw people out of funds .. It’s a joke …

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    Sherry says:

    May 23rd, 2013 at 3:09 am

    Monteal,
    If all you want to do is scam people then I guess your making a great kickback from your moneymutual. Please do tell me How any family except maybe donald trump pay back a installment(payday loan cause they got burnt steal from people with the payday loan part). The rate they where charing in south carolina is a whooping (446%) interest .Wake up how can anyone repay thoses amounts and pay everyday bills too. Lies all lies

    **********warning warning………. Stay away from them. Sign the petions out there that are trying to make it force them only be allowed to chage 36% only!!!!!

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    TIANYVE johnson says:

    March 26th, 2013 at 2:16 pm

    Please stop send me letter from money mutual. No more that enough.

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    Rosemarie kineston says:

    February 7th, 2013 at 9:07 am

    Place a order on 4 th and paid for expedited shipping . Wanting order for Friday one for me and one for gift. Email says won’t be here until11 , I paid for extra shipping and was never applied. Shipped regular. Now I have one day to go get something else. I called them and they said send it back . They can’t give me credit until they get it back . How can I send it back when I don’t even have the product. They didn’t care , they said it was a mistake . You think they would have appoligze and maybe offered a discount but instead they they have my money tie ip for at least three weeks or longer . Don’t believe a word they say or promise you

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    sherry says:
    May 23rd, 2013 at 3:20 am

    THERE IS A PETITION GOING AROUND TO PASSA LAW WHERE THE MOST THEY CAN COLLECT ON ANY LOAN IS 36% please find it on government site and sign it. Thanks.

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    Zakiah says:

    January 28th, 2013 at 11:53 am

    This is a bunch of crap, once you put your info in for the online process you will then have millons of people calling you, texting you or emailing you, that can get pretty annoying! On top of that they dont even provide service in the state of GA. Montell you need to be ashame for putting your name in something. All this false advertising. a lender tried to offer me $300.00 but I had 6months to pay over 2500.00 back. What kind of loan is that!?

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    Richie says:

    December 12th, 2012 at 3:07 pm

    To the guy above, your exactly right. I tried it a few years ago. I needed 2 hundred dollars and within 2 days they took money out of my account. I owed them almost a hundred dollars…… for what?!?! They never loaned me any money. Not even a penny. but i guess that entitled them to take money from my account. The site. company and ppl are all a scam. They really should be sued. Their all greedy bastards.

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    Steven says:

    May 16th, 2012 at 5:08 pm

    Money mutual is a scam! Do not get a loan from this site. It is filled with loan sharks just waiting to screw innocent people over. Montel williams should be sued!

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