MoneyMutual.com Review – Is it a scam?

MoneyMutual.com is a website that matches borrowers to over 60 short-term loan lenders. The website claims to have the largest network of lenders, ready to provide individuals with payday cash advances, auto equity loans, and other types of short-term installment loans.

It’s important to note that MoneyMutual is NOT a lender. It only provides matching services to borrowers and lenders.

How MoneyMutual Works

In order to get started at MoneyMutual.com, users are asked to register. Signing up is free of charge and will only require the user’s name, address, and email address. Once they sign up, users will be taken to a page that enlisted the top lending companies.

Members have the freedom to choose the lending company. As long as their loan is between $200 and $1000, employed, and have an active bank account, they are eligible to apply for a short-term loan.

Once the application for the loan has been approved, the amount will be sent directly to the user’s bank account on the following business day.

Final thoughts on MoneyMutual.com

Short-term loans may provide immediate relief to money dilemmas but they often come with very high interest rates. Thus, it’s important for a borrower to read the company’s policies first before applying and confirming a loan. If you aren’t sure what kind of loan you could be eligible of, you can seek assistance within the site itself as it offers Live Chat support.

Please leave your comments or your experience with MoneyMutual.com below; it helps others.

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