This site is s scam. If you're looking to pay the loan off with-in two weeks good luck! There is no way to pay the loan with in two weeks because the drop down box for making payments is greyed out and will not work! After they withdraw the first payment, which is only the extremely high interest rate, the payment drop down box works somehow works. If youre looking to pay back quickly with one payment look elsewhere because this site wont allow you to. $90.00 interest for a $300.00 loan. After they took out the $90.00 only then they allowed me to set up my payment options which included another $90.00 interest payment. Short & sweet I paid $180.00 on a $300.00 loan. SCAM!
They will sell your information to companies that will call and harass you daily from car loans to payday advances. I received a minimum of 30 calls PLUS texts messages daily. Finally I just changed my phone number. You will receive calls from ppl who clearly English is their second language and they have zero professionalism or customer service skills... I ask them not to call and they either will hang up on you or yell at you and tell you they will continue to call... on top of it all. I never received the cash advance. IT WAS A 2 DAY NIGHTMARE. I just changed my phone number today!
Also, I receive a minimum of 350 spam emails each day from cash advance 3rd party companies each day.
I was in a jam and needed money and well I normally read reviews, but I was so stressed that I didn't have time. I am now worried I hope for the best... I know I should have done my research and I did read the fine print... I expect there will be fees so I am going to try to pay it of asap. I will update
OMG! I started filling out the loan app, and for some reason I just stop because it turn out to be a payday loan. I am just like alot of other people very stress and not in the best of health and needed help. But I was talkin to my cousin and he was telling me that you can also get a personal loan instead of a payday. I went back to look at it and I came across this site. I am so so happy that I did because the last thing I need is a company stilling the lil money I do have out of my account. Montel have money and it don't affect him in anyway, but thats about right people with money could careless about us that is living check to check. We need to all pull together and put a class action law suit on this company and Montel for lying..
I want to thank all of you that wrote in, you stopped me from making a difficult situation worse. Like many I was laid off, I went through all my savings to keep my bills up. I will be back at work in September, but I have no money left to pay Sept. Bills, I hate falling behind and $1,000 would have kept my payments current. I'm so glad I didn't do this. I pray for the rest of you that shared your bad experience, that some one will help you out of this situation. I was going to buy Montel's Juicer in the near future; but I'm sure that's a lie also. I wonder if Montel knows what this site does to people? Celebarties should know exactly what they are representing it puts their credibility on the line.
I have worked for a payday loan company in the past and they are basically "legal loan-sharks." If you find yourself stuck in these types of loans first try transferring them to "installment loans", they have much, MUCH better finance rates and some of your monthly payment goes towards the principle... as long as you don't refinance it you will pay it off within a few months. If you can't convert the loan(s), start with the smallest payday advance and every time you "re-advance" it, reduce the amount you borrow back by $25.00-$100.00 until you have enough to pay the loan off without re-borrowing it. Then move to the next advance reducing as much as you can each payday. Once you are free from these types of loans, STAY AWAY from payday advances! THEY SHOULD BE ILLEGAL!
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.
I haven't experienced anything.
From all the reviews I have read, I know I will not be doing business with them.
Montel Williams should be shamed out of business for promoting this business and site.
I always like Montel, but apparently he doesn't know what the heck he is endorsing. I was in a crunch and went to that website and filled all my information and punched submit and it went to another site to fill out the same information I just filled in and then wanted to sell me a credit card and debit my account $149.95 immediately and $33.00 every month to join. What a scam!
I got stuck in a bad place needed money so I could make it through. I went to money mutual to get a loan. They connected me with money key. Huge mistake. They gave me a 500 dollar loan. I recieved tye payment schedule and amount after I agreed to it. Not my choice I was told I woupd receive an email first then i could agree. Didn't happen that way. Soo now it goes like this get 500 and pay back 2000 I haven't missed a payment and they withdraw more that whats on the schedule... my advice is never get money from this place EVER. They are liars and theives. I wish I would've known what I would have to pay back before I agreed.
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
Won't use since reading reviews here, and reading their privacy policy. All these people's troubles with the service could have been avoided (or anticipated) if they just READ THE PRIVACY POLICY, which they agreed to by filling out the application. It says in there in PLAIN ENGLISH what they will do with your personal and financial info; give it to other people so they can market stuff to you by mail, email, phone, cell phone and text message. This is what happens when people think the Privacy Policy is too long or inconvenient to read. Sites like this use that to their advantage. Also, this site does not lend money or arrange for loans. They just SELL YOUR INFO TO SOMEONE ELSE, just like it says on the front page.
Got a payday loan through one of their "providers" (since it says on it's web page that they refer you to their lender network). Since then, they have illegally given my banking info to at least two different companies that have taken money from me (not the payday loan payments but different companies). One I was able to get credited back. The other, for almost $160, I cannot get ahold of a real person to get my money back. I have emailed Money Mutual but they refuse to respond. I guess that I have to close out my bank account that I have had for years. WTF! Thanks Montel for screwing up my finances. I was fine paying off the loan, but this other sh*t is bullsh*t.
I saw the same commerical and have had payday loans before and was thinking of applying to money mutual but am thankful I read the reviews because like every other hard working American I don't have any money to waste or throw away and after the reviews I defintley will not be applying for a loan from them
I am sooooo grateful for this site, I to almost got suckered in. Of course when in need of cash but, Instead of trying it this way I will trust God! Of course Montel makes it seem trust worthy. But He got an endorsement check to do so. And I'm sure he never actually was in need of getting a Money Mutal loan from any of the 60 lenders at an extremely high interest rate.
Tried to get loan they tell u no credit needed. Yeah right. We had one company, Money Key tell us we dont make enough deposits to qualify. I didnt give them permision to get that info from my bank. Of coursr we dont make enough deposits thats why we need a loan Duh. Its all a scam to get ur personal Info. Dont do it
I have no problem with money mutual my problem is with one of the company's they use. I have worked with money mutual for 2 years now, requested a loan from one that I used before and they no longer loaned in my state. So I let the site pick for me and got a loan with Castle PayDay loans. IF YOU SEE THIS ONE DON'T DO IT! I borrowed $600 in August of 2012 and have paid $2047. 50 and I still owe them $325.00. The finance charge on $600 was $210 with nothing going toward principle. TALKING ABOUT RIP OFF!
May I recommend a GOOD payday loan? Spot on loans, which also goes under PDL or Impact. They don't sell your information, they tell you up front what the fees are (kinda high, so I only borrow what is needed and pay it off IMMEDIATELY) but they are the most honest I have ever dealt with. *******102
I had a unanticipated expense occur and I did not want to go ask a friend or my mother to borrow money so I foolishly decided to get a payday loan. I went to the money mutual, and like fool without any research, and filled put their forms for them to send out to their lenders. I accepted a small offer the found for me. THE VERY NEXT DAY, my phone blows up with telemarketers and goes on for days. About three days later I get phone calls from people with foreign accents telling me my banking information and social security number. This is not at all a secure site, hackers get into these loan applications and steal your personal information. STAY AS FAR AWAY FROM THIS SITE. STAY AWAY FROM PAYDAY LOANS ALTOGETHER!
I read reviews from this website after going over the information that money mutual site and I saw a lot of pot holes on this website. First of all it is a very welcoming and promising site that will guarantee you money like today, but it doesn't explain to you no where on the website how the interest rate will stand or where I can make instant payments when I am financially okay at the moment that I don't have to use money mutual again or what other ways that I can do to pay then close the money mutual account.
Secondly, Money mutual in the back of their fine print paragraph on the paper in the mail that I received stated that they are not a lender, an agent, or product lender. Then what are you? A credit card company scam?! I don't understand? Maybe that is why it is getting all the negative ratings it deserves.
Thirdly, Money mutual is pretty much missed out on phone numbers on the paper they sent to me in the mail. The mail only included the reference number that they highlighted in bold with Montel's picture smiling next to it and then the website.
There is no way that this company will succeed in getting customers. They are like most credit card companies out there who are barely starting their business as loaners first (which is a scam) then they start collecting by hitting you up with some random phone calls, unauthorized bank account transactions, and unexplained interests that they claimed to have explained in the beginning of the deal!
Bah HumBug!
Answer: Well I can't believe that Montel Williams does their commercials either. I would think he would be ashamed of what they are doing to the public. But, it is the way it is and I trusted the site without looking any further at the sites below that tell me "it's a scam". I know their going to harrass me to death. I talked to one of the loan officers (on the indian reservation) and told him that I don't mind paying the loan back but was not going to pay the interest rate. He got all hot and angry but I stood by what I said... he said NO that I had to pay what was on the 72 page agreement. It was left at that and I have NOT sent any money to them. They cannot get into my checking acccount any longer and all they had charged me was reversed by my bank and sent back to them "unable to process debit". Now they hate me. Who gives a rats ass. I'm a senior and will probably die before this all comes to an end. I ran my butt off taking care of this mess for myself. If you want to help youselves, get busy, telephone company and bank. You go kids. Linell P. Sacramento, CA
MoneyMutual has a rating of 1.9 stars from 99 reviews, indicating that most customers are generally dissatisfied with their purchases. Reviewers dissatisfied with MoneyMutual most frequently mention bank account, payday loan and fine print. MoneyMutual ranks 12th among Payday Loans sites.