SuperMoney
  BetterCash Personal Loans

BetterCash Personal Loans

in Personal Loans from MoneyLion Inc.

Claimed

BetterCash Personal Loans

Claimed

in Personal Loans from MoneyLion Inc.

SuperMoney Net Recommendation Score -18

SUPERMONEY NET RECOMMENDATION SCORE

This product is mostly not recommended by SuperMoney users with a score of -18, equating to 2.6 on a 5 point rating scale.

-18

Recommendation score measures the loyalty between a provider and a consumer. It's at +100 if everybody recommends the provider, and at -100 when no one recommends.

Mostly not recommended

7 users recommend
4 users are unsure
11 users don't recommend
Cast your vote

Would you recommend BetterCash Personal Loans to your friends?

Thanks for your vote!

You voted: May or may not recommend

Highlights
Community Rating Mostly not recommended
APR  (Fixed APR) 36% - 99%
Loan Amount $300 - $10,000
Loan Term (Months) 12 - 36 months
Number of Reviews 22

BetterCash Personal Loans Review

BetterCash Personal Loans is offered by MoneyLion Inc., a direct lender founded in 2013 and based in New York, NY. BetterCash Personal Loans is available in 12 states across the USA.

Key Takeaways
  • APRs starting at 36%. Personal loan interest rates typically range between 5% and 36%. The starting rates for BetterCash Personal Loans are on the higher end of the spectrum.
  • Fast access to funds. In some cases you can get your money within 1 business day.
  • Hard credit pull required. You can't check your rates or see if you prequalify for BetterCash Personal Loans without a hard pull on your credit report. Most lenders give you the option of a soft pull on you credit report.
BetterCash Pros & Cons
Pros Cons
  • $0 prepayment fee.
  • Considers applicants with fair credit.
  • Funding available within 3 business days.
  • APRs as high as 99%.
  • Charges an origination fee.
  • Do not offer pre-approval with soft credit pull.
  • BetterCash Personal Loans does not report to credit bureaus.
  • Charges a late fee.
BetterCash FAQ

What interest rates and personal loan terms does BetterCash offer?

BetterCash has higher than average interest rates for lenders reviewed on SuperMoney.

What interest rates does BetterCash offer?

BetterCash offers a fixed APR personal loan product that ranges from 36% APR up to 99% APR.

How much can you borrow via BetterCash?

Loan amounts start at $300 and go up to $10,000

What is the maximum loan term you can get with BetterCash?

BetterCash offers loans with terms of up to 36 months.

BetterCash Interest Rates & Loan Terms
Personal Loan Amount $300 - $10000
Loan Term 12 - 36 months
APR 36% - 99%

What fees does BetterCash charge?

Does BetterCash charge an origination fee?

BetterCash may charge a personal loan origination fee.

Does BetterCash charge a late fee?

Yes, BetterCash may charge borrowers a late payment fee if you miss one of the monthly payments.

Does BetterCash charge prepayment fees?

No, BetterCash does not charge prepayment fees. This means you will not have to pay additional fees if you decide to pay the personal loan off early.

BetterCash Fees
Origination Fee No
Prepayment Fee No
Late Payment Fee No

What do you need to qualify for BetterCash Personal Loans?

Applicants with a credit score of at least 550 and up to 720 may be eligible for BetterCash Personal Loans. The minimum age to be eligible is 18 or the state minimum, whichever is higher.

BetterCash Personal Loans does not have or does not disclose a minimum annual income eligibility requirement.

BetterCash Eligibility Criteria
Minimum Age 18
Bank Account Required? Yes
Credit Score 550 - 720

What is the estimated funding time for a personal loan via BetterCash?

BetterCash will typically provide a credit approval decision in less than an hour and fund the loan within 3 business days.

SuperMoney Disclosure: SuperMoney.com is an independent, advertising-supported service. The owner of this website may be compensated in exchange for featured placement of certain sponsored products and services, or your clicking on links posted on this website. Read more...
Editorial Disclaimer: Editorial and user-generated content on this page is not provided or commissioned by the issuer. Opinions expressed here are the author’s alone and have not been approved or otherwise endorsed by any financial institution, including those that are advertising partners.

Contact

About BetterCash Personal Loans

Icon for Personal Loans
View all personal loans offered by MoneyLion Inc.

Availability

  Available in 12 states
  • Alabama
  • California
  • Delaware
  • Georgia
  • Idaho
  • Illinois
  • Missouri
  • New Mexico
  • North Dakota
  • South Carolina
  • Utah
  • Wisconsin

Feature Breakdown

No Prepayment Fee
Checking Account Required
Minimum Age 18
Credit Score Range 550 - 720
Loan Amount $300 - $10,000
APR (Fixed APR) 36% - 99%
Loan Term 12 - 36 months

BetterCash Personal Loans Community Reviews

 

Would you recommend BetterCash Personal Loans to your friends?

Before we publish your vote:

Please explain your vote by sharing your experience.

Writing a review increases the credibility of your vote and helps your fellow users make a better-informed decision.

Please write a review to submit your vote
(will require moderator approval)

SUPERMONEY NET RECOMMENDATION SCORE

This product is mostly not recommended by SuperMoney users with a score of -18, equating to 2.6 on a 5 point rating scale.

-18

Recommendation score measures the loyalty between a provider and a consumer. It's at +100 if everybody recommends the provider, and at -100 when no one recommends.

sorted by

Other Personal Loans

MoneyLion Inc. Personal Loans

Loading...