• MoneyMutual

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Overview

MoneyMutual has a rating of 1.72 stars from 99 reviews, indicating that most customers are generally dissatisfied with their purchases. Reviewers complaining about MoneyMutual most frequently mention bank account, payday loan, and fine print problems. MoneyMutual ranks 59th among Payday Loans sites.

  • Service
    1
  • Value
    1
  • Quality
    2
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What reviewers want you to know

Positive highlights

No positive highlights yet

Critical highlights

  • ), they return the check to you, no perpetual access to your bank account/life!
How would you rate MoneyMutual?
Top Positive Review

“2% Easy Loan Offer”

Stefy n.
1/17/19

Do You Seek Funds To Pay Off Credits and Debts? { *******@gmail.com} Is Here To Put A Stop To Your Financial Problems.

Top Critical Review

“Just tried it out”

Joshua L.
8/10/22

Money mutual claims to give you lenders that don't do credit checks for loans, yet every loan agency I was connected with ran my credit and denied me. I make a little over 3k a month, plenty to pay back any loan, but my credit isn't the greatest. They were not helpful at all, now I'm going to be even more behind.

Reviews (99)

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Reviews that mention popular keywords

bank account (10)
Thumbnail of user joshual571
1 review
5 helpful votes
August 10th, 2022

Money mutual claims to give you lenders that don't do credit checks for loans, yet every loan agency I was connected with ran my credit and denied me. I make a little over 3k a month, plenty to pay back any loan, but my credit isn't the greatest. They were not helpful at all, now I'm going to be even more behind.

Tip for consumers:
Don't use money mutual if you have lower than fair/good credit.

Service
Value
Quality
Thumbnail of user joycea164
1 review
3 helpful votes
October 30th, 2020

Since applying several months ago I have been bombarded with emails for loan offers. I have tried to unsubscribe from these emails but get a message that I need a security code even though there is no way given to get one. I have contacted money mutual directly and ask them for help, their answer was that since the offers aren't coming directly they can not stop the emails. They are only helpful when it benefits them. I'm sorry I wasted my time.

Thumbnail of user pattyw44
1 review
1 helpful vote
November 22nd, 2018

HOW I GOT MY XMAS LOAN.

I am Patty Wiemers, from Kokoma, Indiana, I am a single mom with three kids. I want to speak of the good deal done to me by Jennard Investments Limited, they restored my happiness by giving me a loan, I needed to refinance and pay medication bills and Xmas loan. Before now I tried seeking loans from banks but I was declined because I had bad credit. But a fellowship member told me of Jennard Investments Limited, and number *******513 I decided to contact the company and as God would have it, I successfully secured a loan $75,000 on the 6th of November 2018. I have made the right choice by contacting them. I advise those out there searching for a legit place to secure an Xmas loan to quickly contact Jennard Investments Limited via email: *******@outlook.com.they don't know I'm speaking of the good thing they has done for me.

Thumbnail of user pykiak
0 reviews
8 helpful votes
January 22nd, 2022

DO NOT, AND I REPEAT, DO NOT USE THIS COMPANY! They will sell all your personal information to third parties, and you will immediately be bombarded with emails, phone calls and text message from scam artists trying to lure you into illegal loans

Tip for consumers:
Scam emails will ensue!

Products used:
Loan services

Thumbnail of user jonathanr205
1 review
4 helpful votes
June 20th, 2019

They send me money to verify account and I had to go to Walmart by gift card with the money they gave me. 10 hours later I get notifications that I ask my bank for a credit card and another place for money

Thumbnail of user stefyn
2 reviews
1 helpful vote
January 17th, 2019

Do You Seek Funds To Pay Off Credits and Debts? { *******@gmail.com} Is Here To Put A Stop To Your Financial Problems.

Thumbnail of user jamesl354
1 review
0 helpful votes
November 27th, 2017

Good day dear esteemed readers, i am James Laker, a truck driver in South Carolina USA, i want to use the medium to share a brief testimony on how i got an Xmas loan online after running from high interested rate and was also scam online by 1 company named Ruby Hernendez Loan Company, i promised never to apply a loan online until one faithful day when a fellow nurse working in the same hospital with my wife told her how her husband got a loan that help him invest of Gold and Silicon oil business and the interest rate was low, after the discussion my wife ask for the lender details and she gave her the email of the God sent lender, my wife sent me the details and we contacted them via email; ( *******@yahoo.com) a God fearing Man, and they emailed asap to my surprise, so i followed the steps and today i am happy to tell you i and my family was offered a loan of $150,000.00 which we are using to set up a good business and good Xmas preparation, if any of you reading needs a loan with security and best assured company do contact Havills Loan Firm Inc ( *******@yahoo.com) today and i promise you that this reputable loan company would meet to you request. Thanks & God Bless You.

Thumbnail of user marilynb69
2 reviews
4 helpful votes
November 15th, 2017

Bad idea and uncomfortable. I should have done my research first. Right after I applied for this assistance I was immediately contacted by potential lenders via text, voice and email. My credit is fair but I now fear that it will get worse with unsolicited inquiries.

Thumbnail of user amandaj161
2 reviews
2 helpful votes
September 3rd, 2018

There is a private lender who is giving out genuine loans at a very cheap rate, I got my loan of 30,000$ from him and the interest rate was very convenient for me, that is why I have used this medium to inform you all about this lender.
If you need an type of loan kindly contact *******@gmail.com or you can text or call *******042 if you are in USA.

He offers loan from 3000$ - 500,000$ so contact him today for you to get your loan.
Email: *******@gmail.com
Phone: *******042

Thanks

Thumbnail of user andyr25
1 review
29 helpful votes
August 29th, 2014

I got an offer from klickcredit.com for loan of 1500usd ( klickcredit.com). APR would be 7percent. Is it a good micro loan?

Thumbnail of user lisam65
1 review
2 helpful votes
April 14th, 2013

It is a typical payday loan. You borrow- pay back next payday in full with the fee.

Thumbnail of user rogerd46
1 review
19 helpful votes
July 8th, 2015

This institution is interested in one thing: PROFIT. I set up a new email before I contacted this crap company. I have received over 3416 (and counting) junk email contacts in under a week. You would be better off going to a payday loan company that charges 300% interest. Now I am getting phone calls from solicitors. Give these idiots your contact info and you will never be lonely again. No wonder These morons are banned in some states. They should be banned in the U.S. altogether. Contact these scum idiots at your own risk

Thumbnail of user elvisr14
1 review
0 helpful votes
January 11th, 2020

GENUINE BANK GUARANTEE (BG) AND STANDBY LETTER OF CREDIT (SBLC) FOR BUY/LEASE
AT THE BEST RATES AVAILABLE

We offer certified and verifiable bank instruments via Swift Transmission from a genuine provider capable
Of taking up time bound transactions.

FOR LEASING OF BG/SBLC
MINIMUM FACE VALUE OF BG/SBLC = EUR/USD 1M
LEASING FEE = 4%+2%

FOR PURCHASE OF FRESH CUT BG/SBLC
PRICE = 32%+2%
MINIMUM FACE VALUE OF BG/SBLC = EUR/USD 1M

Our BG/SBLC Financing can help you get your project funded, loan financing by providing you with yearly. RWA ready to close leasing with any interested client in few banking days

Name: Elvis roberts

Email: *******@gmail.com

WHATSAPP NO: *******798

Thumbnail of user chrisw85
2 reviews
18 helpful votes
February 9th, 2015

Money Mutual is ok, however it is kinda hard to get approved on. I have had much better luck with AffordaCredit.com and PDLCashAdvance.com.

Thumbnail of user sarahw94
1 review
24 helpful votes
September 5th, 2015

TESTIMONY ON HOW I GOT MY LOAN FROM A GENUINE LOAN COMPANY

I am Mrs SARAH WILLIAMS From taxes U.S. A, I quickly want to use this medium to share a testimony on how God directed me to a Legit and real loan lender who have transformed my life from grass to grace, from being poor to a rich woman who can now boast of a healthy and wealthy life without stress or financial difficulties. After so many months of trying to get a loan on the internet and was scammed the sum of $5,200 i became so desperate in getting a loan from a legit loan lender online who will not add to my pains, then i decided to contact a friend of mine who recently got a loan online, we discussed about the issue and to our conclusion she told me about a man called Mr Marvin Williams who is the C. E. O of MAVIN INVESTMENTS LIMITED So i applied for a loan sum of (50,000.00USD) with low interest rate of 4%, so the loan was approved easily without stress and all the preparations where made concerning the loan transfer and in less than two(2) days the loan was deposited into my bank on the 25th of August 2015 so i want to advice any one in need of a loan to quickly contact for your Xmas loan him via:(*******@OUTLOOK.COM) he does not know am doing this i pray that God will bless him for the good things he has done in my life.

http://marvininvestmentsl.wix.com/marvininvestment-org

Thumbnail of user fucopffu
1 review
20 helpful votes
June 18th, 2015

Money mutual is a scam... they actually sell all you information top a third party, not just once but many times... and in all the call centers people also have gottwn fire for fraud. Take it from people that work there which i know personally. Their advise... STAY AWAY FROM IT

Thumbnail of user alanp32
1 review
3 helpful votes
August 9th, 2013

So far it all been going good i mean really people u borrow money u should pay it back when the day is due for real alot of people borrow money and dont intend to pay back and u guys call it a scam for real IF U CANT PAY BACK WHY EVEN BOTHER BORROWING MONEY IF U KNOW U CANT PAY IT BACK ITS ONLY GOOD FOR SHORT TERM USES ONLY

Thumbnail of user juanm36
1 review
18 helpful votes
January 22nd, 2015

Money Mutual is set up to connect you with the worst loan servicers available. NEVER borrow money from any site that Money Mutual directs you to... NEVER! Instead of having Montel Williams as a spokesman, they would be more accurate about their intentions if Bernie Madoff was their spokesman.

If you borrow the minimum...$300 Your payback amount will be well over $1000 dollars... with 12 payments deducted from your checking account. If you are in a desperate situation for money, please try some other sites first, and make sure your read the contract, fine print and all... before you sign or initial anything electronically.

They almost trapped me, the guy was on the phone talking to me trying to get information, while I was reading the contract online at the same time. When I saw that payment schedule, number of payments, and amount of payments, I stopped the process immediately.

Site such as this don't let you know the payment plan until you have filled out all of the info and scroll down to the last page. If they let you know upfront, no one would even bother to fill out the application.

Quality
Thumbnail of user rons27
1 review
2 helpful votes
January 4th, 2013

Has anyone ever heard the phrase "what have you done for me lately?".

It's amazing how these forums are great at publicizing bad experiences, but rarely give the spot light to people who have had good experiences. Let's be honest here, if you had a good experience there is more of a likelihood that you would be on your merry way vs. if you had a bad experience and you light the company up.

That being said, here is my opinion on Money Mutual and other websites like it...

If you find yourself needing a payday loan in any form, online or offline, it's important that you pay it off "in full" quickly, otherwise in many cases the lender will simply charge you a refinance fee for revolving your loan (not dissimilar to high interest credit cards). It never ceases to amaze me how people get wrapped up in the concept of an APR when this is supposed to be a two week loan. If you are the type of person who takes out these loans and wants to only make the minimum payment (again not unlike how people use other types of unsecured credit), you should not be appalled that you still have a balance due. If you bounce a check or go into overdraft with your bank, try annualizing that number and see how predatory it is. Bottom line, responsible use of credit makes it a good experience, but let's face it, lenders are in a business to collect an interest rate and that rate is assigned to the level of risk for the consumer.

Payday lenders are in business because the average borrower who participates in this market has been rejected by the traditional credit world and banks. With few other places to turn, the lenders offer an service (a very expensive form of credit mind you) when no others will... and it's a huge business with lots of people looking for loans. I will stand by Money Mutual clear eyed, because like many lender-matching sites, it is a service like e-surance or Lending Tree, not a lender itself, but a gateway to providers. Money Mutual does a better job than it's competitors trying to clarify risks and benefits and does a good job assisting consumers looking for a loan. It can't mitigate every bad experience between consumers who don't read and understand their terms, or lenders who provide an imperfect service for an imperfect loan product. If you have other options to borrow, I would recommend going elsewhere, however if you need to take an internet loan route, Money Mutual in my opinion is as good as it gets.

Thumbnail of user viviang9
1 review
13 helpful votes
June 17th, 2014

I had to close my bank account. They farmed out my info to other sources and those people got into my account and started taking money for things like online security and things i never asked for or heard of. They lied about fees and late charges and then called and cursed us and pretended to be law enforcement. Never do business with these people.

Thumbnail of user donniec16
1 review
21 helpful votes
January 3rd, 2014

Needed a little cash to pay off rest of rent, thought id try money mutual, Im redirected to someother website after and I see im paying back 10x the amount im asking I dont go thru with it. 1 1/2 months later im being sued by this some company I neverheard of before, turns out they deposited the money without my say so, and I didnt notice cuz it wasnt alot so I thought it was part of my commision check, long story short I had to pay them $950.00 for a $150.00 deposit I didnt even want and that was to avoid going to court. I feel taken advantage of and am disgusted that these ppl could legally do do business, and after reading some of the reviews here I know im not the only person this kinda thing has happened to. Do not barrow from money mutual or have anything to do with them, they are CROOKS and THIEVES, they promote good customer service but they denied any responsibility when I ca e to them with my delima

Thumbnail of user nicoleg11
1 review
4 helpful votes
January 16th, 2013

They Keep sending me an emergency card in the maill, so today I thought i could use a little money to pay a doctor bill and decided to look up the reviews. Exactly what I expected to see... horrible reviews. I will definately NOT be using this site to get a little cash to pay off anything. Sorry that those bad things had to happen to everyone that has tried this... Better luck next time :)

Thumbnail of user jaym130
9 reviews
39 helpful votes
November 29th, 2015

They are really strict and only approve you for small loans. I have found that AffordaCash.com is a lot better.

Thumbnail of user franko14
1 review
2 helpful votes
January 2nd, 2014

With all these celebrities hawking the scam money lending, insurance, and buying gold websites, there are many people getting taken for a ride, the money lending operation is just loan sharking on a national level

Thumbnail of user sarahk6
1 review
8 helpful votes
November 2nd, 2014

People need to start reading the fine print it clearly states that they are not a lender just a place that will find a lender that meets your needs. Now I don't know how trustworthy THOSE sites will be but this sites just directs you to others.

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About the business

MoneyMutual makes it fast and easy to find a short term payday and cash advance lender for fast cash in as little as 24 hours. Endorsed by Montel Williams.

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