MoneyMutual Reviews: Does Money Mutual Work or Bad Credit Loan Scam?

MoneyMutual is a payday loan company that lets you borrow $200 to $5,000 in as little as 24 hours.

By completing a simple form on MoneyMutual, you can instantly connect to 91 lenders to find the best offer in your area.

Is MoneyMutual legit? How does MoneyMutual work? Keep reading to discover everything you need to know about this payday lending website.

What is MoneyMutual?

MoneyMutual, found online at MoneyMutual.com, is a payday loan website that lets you get $200 to $5,000 deposited into your account within 24 hours.

Just complete the form at MoneyMutual.com to get started, and you can instantly view offers from lenders serving your area.

MoneyMutual is one of the most-trusted payday loan websites available online today. With 2,000,000+ customers to date, MoneyMutual has a proven track record of providing customers with the payday loans they need. You can see MoneyMutual commercials on TV, and TV’s Montel Williams was a spokesperson for MoneyMutual for nearly a decade.


How Does MoneyMutual Work?

MoneyMutual makes it easy to get a short-term loan within 24 hours or less and is easily one of the top bad credit loan providers of 2022.

As long as you’re 18 years old, have at least $800 per month in verifiable income, and have a checking account, you should be able to find a payday loan through MoneyMutual.

Just enter your information into MoneyMutual.com, then view offers from payday lenders. MoneyMutual partners with 90+ companies to ensure customers can get the payday loans they need as soon as they need them.

After picking the offer through MoneyMutual’s online comparison screen, you visit the lender’s website, complete additional information, and get the money you need as soon as possible.

Here’s how it works:

  • Step 1) Provide Your Info: Complete the form on MoneyMutual.com, and MoneyMutual sends your information to lenders.
  • Step 2) Lender Review: Lenders check your information instantly to determine the right fit. Then, they present their best offer to you on the next page.
  • Step 3) Get Your Money: Browse a list of lending offers and get funds deposited into your bank account in as little as 24 hours.

You can use MoneyMutual for loans ranging from $200 to $5,000.

How Much Does MoneyMutual Cost?

MoneyMutual is available at no-cost. You fill out the form and submit your information through the online marketplace for free.

However, once you pick a lender through MoneyMutual, that lender charges fees in exchange for loaning the money. Review the terms carefully to ensure you understand how much it costs to borrow.

How Long Does It Take to Use MoneyMutual?

It takes about five minutes to fill out MoneyMutual’s online form. If you’ve used MoneyMutual before and you’re a returning customer, then it takes even less.

Once you’ve completed the online form and have selected an offer, you can get the money in your account in as little as 24 hours.

How Do MoneyMutual’s Lenders Work?

MoneyMutual works with 90+ lenders to find the best offer for your unique needs. Each lender considers your personal information and the financial data you provided to ensure an optimal match.

Here’s how lenders review your information, according to MoneyMutual:

  • Lenders automatically review your information after you submit an application through the website
  • Each lender follows previously established requirements to make a decision
  • If a lender decides they want to lend money to you, you will be redirected to their website, where you can review the loan terms and accept the loan
  • Lenders may also contact you to verify personal information, confirm your bank account number, and finalize the loan

That’s it. Like other payday lenders, the payday lenders with MoneyMutual are legally required to disclose all fees upfront. They are also restricted from charging excessive annual interest rates by law. Check all fees and charges upfront to avoid any surprises.

What’s the Catch?

There’s no “catch” to using MoneyMutual. The website genuinely connects you with payday lenders and short term lenders in your area who can loan you money as quickly as possible.

Be sure to read the terms and conditions on your lender’s website to ensure you understand the terms of the contract. Although MoneyMutual is a no-cost service, each lender has its own terms and conditions.

MoneyMutual Reviews: What Do Customers Have to Say?

The payday loan industry is filled with shady companies. However, MoneyMutual is one of the best-known and longest-running companies in the space. With celebrity endorsements from Montel Williams and over a decade of experience, MoneyMutual has helped more than 2 million people access the money they need.

Here are some of the MoneyMutual reviews from verified customers online:

Most customers agree MoneyMutual works as advertised to provide them with short-term sources of funding, bringing borrowers and lenders together in a transparent marketplace

Customers like MoneyMutual because of the transparent rates and lending system, making it easy to see each lender’s best offer

Many use MoneyMutual after seeing the commercials on TV, finding MoneyMutual lives up to its claims of providing effective loans for those in need

Some customers even praise the customer service department at MoneyMutual – something that isn’t a strong point of most payday lending companies

Negative reviewers tend to leave poor reviews because of bad interactions with the third party lender, not because of bad interactions with MoneyMutual; some lenders have high interest rates and fees, for example, that can surprise customers who don’t read the terms and conditions

MoneyMutual Requirements

To borrow money through MoneyMutual, you must meet the following requirements:

  • Be at least 18 years old
  • Have at least $800 per month in verifiable income
  • Have a checking account

Some lenders require additional things from borrowers – like an SSN. Others, however, require no additional information or data.

About MoneyMutual

MoneyMutual is a free online resource based in Las Vegas, Nevada. The company is not a lender: they partner with lenders to help people find payday loans for short-term financial needs.

Between 2010 and 2018, Montel Williams was the spokesperson for MoneyMutual.

You can contact MoneyMutual via the following:

  • Email: customerservice@moneymutual.com
  • Phone: 844-276-2063

Final Word

40% of Americans would not be able to come up with $400 in an emergency, according to the Economic Well-Being of US Households report.

To get a fast, easy, and affordable payday loan from a trusted lender, visit MoneyMutual.com today. The website connects you with dozens of lenders in your area to ensure you get the best offer, and you can get $200 to $5,000 deposited into your account in as little as 24 hours.

To learn more about MoneyMutual or to apply online today, visit the official website at MoneyMutual.com.

Affiliate Disclosure:

The links contained in this product review may result in a small commission if you opt to purchase the product recommended at no additional cost to you. This goes towards supporting our research and editorial team. Please know we only recommend high-quality products.


Please understand that any advice or guidelines revealed here are not even remotely substitutes for sound medical or financial advice from a licensed healthcare provider or certified financial advisor. Make sure to consult with a professional physician or financial consultant before making any purchasing decision if you use medications or have concerns following the review details shared above. Individual results may vary as the statements regarding these products have not been evaluated by the Food and Drug Administration or Health Canada. The efficacy of these products has not been confirmed by FDA, or Health Canada approved research. These products are not intended to diagnose, treat, cure or prevent any disease or provide any kind of get-rich money scheme.

The news and editorial staff of Sound Publishing, Inc. had no role in the preparation of this post. The views and opinions expressed in this sponsored post are those of the advertiser and do not reflect those of Sound Publishing, Inc.

Sound Publishing, Inc. does not accept liability for any loss or damages caused by the use of any products, nor do we endorse any products posted in our Marketplace.