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Last Updated: 04/18/2025

BetterCash Personal Loans

from MoneyLion Inc.

Last Updated: 04/18/2025

Created by:

SuperMoney

Fact Checked by:

Andrew Latham

Mostly not recommended23 total votes

8 users recommend

4 users are unsure

11 users don't recommend

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Highlights

Community Rating

Mostly not recommended

APR (Fixed APR)

36% - 99%(Verified 06/21/2024)

Disclaimer popup with additional information

Amount Range

$300 - $10,000

Loan Term (Months)

12 - 36

Number of Reviews

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 are available in 12 states.

Key Takeaways

APRs starting at 36%. Personal loan interest rates typically range between 9% and 36%. The starting rates for BetterCash Personal Loans are on the higher end of the spectrum.
Fast access to funds. If approved, MoneyLion Inc. will send the money in as little as 24 hours.

BetterCash Pros & Cons

Pros

Cons

No prepayment penalty.
Considers applicants with poor credit.
Get funded in as little as 1 business day.

APRs as high as 99%.
Charges an origination fee.
Does not offer pre-approval with soft credit pull.
BetterCash Personal Loans does not report to credit bureaus.
No co-sign option available.

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?

Personal 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?

BetterCash does not disclose whether it charges late payment fees.

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

Prepayment Fee

Late Payment Fee

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

Bank Account Required?

Yes

Credit Score

550 - 720

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

BetterCash will typically fund loans within 1 to 3 business days of approval and clearing necessary verifications.

Does MoneyLion Inc. perform a hard credit pull?

Yes, BetterCash performs a hard credit pull when you apply for a loan. Additionally, it doesn't provide the option to check your rates using a soft credit pull, a feature that many lenders offer.

Click here to get prequalified rates from multiple leading lenders without a hard credit pull. However, if you accept a loan offer, a hard credit pull will likely be performed.

Are BetterCash Personal Loans legit?

MoneyLion Inc. was founded in 2013, it is a well-established company that has been in business for 13 years. BetterCash Personal Loans is mostly not recommended by SuperMoney community users.

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

Headquarters

30 West 21st Street 9th Floor

New York, NY 10010

Visit Site

Email Support

Other Services by MoneyLion Inc.

Other Personal Loans from MoneyLion Inc.

MoneyLion Plus Personal Loans

Mostly recommended

218

335 reviews

APR

5.99% - 29.99%

Disclaimer popup with additional information

Amount Range

Starting at $1K

Loan Term (Months)

1 - 36

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SuperMoney Net Recommendation Score

SuperMoney users mostly don't recommend this product, giving it a user recommendation score of -13, or 2.7 on a 5-point rating scale.

-13

-1000+100

No one recommends

Everyone recommends

The recommendation score reflects customer satisfaction with a provider. A score of +100 means every customer recommends the provider, while -100 means none of them do. These scores are based entirely on community member votes and are not influenced by partner compensation. SuperMoney removes fake reviews when detected.

BetterCash Personal Loans Community Reviews

Would you recommend BetterCash Personal Loans to your friends?

Mazhar C.

Nov 25, 2022

May or may not recommend

BetterGash’s customer service was very good and loan helped greatly.

Amanda O.

Oct 1, 2020

May or may not recommend

Highly recommended Money Lion! Positive customer service, and very easy to use when you need a quick loan.. Their interest rates are not bad, and the money arrives very quickly to your account. I do not agree with their membership fees!! If your already paying interest rates why are they also charging a membership fee on top of this??!

Anonymous

Jul 13, 2020

May or may not recommend

I borrowed $1500. The interest was at 197.60% which in turn costed me $4, 540.69 to repay @ $116.42 for 39 payment every 2 weeks. I wish I had NEVER gotten this loan from them.

Felipa K.

Mar 9, 2020

May or may not recommend

BetterGash’s customer service was very good and loan helped greatly.

Mike G.

Oct 10, 2019

May or may not recommend

Great innovative a must have app for anyone who is not wealthy

Chris B.

Sep 15, 2019

May or may not recommend

With the credit builder loan money Lion and better cash are worth it

Vada S.

Aug 20, 2019

May or may not recommend

Was checking to see if I got approved for my loan

Devin J. R.

Jun 18, 2019

May or may not recommend

It was quick & easy and the process wasn't too demanding. I appreciate the loan offer and flexibility with payment options. Highly recommended!

Karen M.

May 30, 2019

May or may not recommend

It’s a scam, they never find you they just steal your information

Anonymous

Apr 18, 2019

May or may not recommend

Great company helps ppl in any situation was recommended by someone

C T.

Apr 4, 2019

May or may not recommend

I got a loan for $3500. I have been paying it on time for almost a year. I looked on the website for the payoff amount in January it was $2100. I checked again to pay it off two weeks later it was $2243. I checked it just now and its $2385. I made 7 payments for $221 each since January. I have paid them back over $5000 so far ...Show More

Michael M.

Mar 23, 2019

May or may not recommend

I have had 2 loans from these folks and each transaction was swift and painless. Although the rates are high they are in line with micro loans. Try them.

Darlene R.

Jun 7, 2018

May or may not recommend

The interest they charge is absolutely insane. It should be illegal to do this

Anonymous

Mar 29, 2018

May or may not recommend

So far so good! Yes, the interest is high but I’m trying to rebuild my credit, so I have to suck it up. So far, everything has been just as they said . I’ll see more as I’m about to pay the loan off and apply for a bigger one.

Nicole A.

Mar 15, 2018

May or may not recommend

Do not open a loan with this company!!! They gave me a loan with lion loans (which is there other name) and also gave me a membership and said once my loan was paid off they would cancel my membership upon request and that you must have an in active loan in order to cancel the membership. Which they refuse to csncel. I will be reporting ...Show More

Eric K.

Feb 17, 2018

May or may not recommend

They don't tell you. They charge a membership fee at they say it's free it not their website is bogus! It fraud they take your banking info now im going to cancel my account cause of them these so called membership they take 70 a month out also not including your loan payment . I dont even know how much interest I'm paying dont even no the total amount paying ...Show More

Anonymous

Feb 17, 2018

May or may not recommend

WARNING: THESE CROOKS INITIATED CREDIT INQUIRIES/APPLICATIONS WITHOUT MY CONSENT... & I HAVE NEVER EVEN HEARD OF THEM! I'm in the process of disputing all the items related to this bogus company from my credit reports, but conveniently this they don't even have a telephone number listed on the reports. I will be reporting to the BBB & FTC tonight in hopes of sparing other people from this nightmare.

Sandra H.

Dec 14, 2017

May or may not recommend

I just received a denial letter and I NEVER APPLIED FOR A LOAN from this or any other company ! I have not yet seen a credit inquiry on my credit report but if I do I will definitely demand it is removed and will consider legal action. I am rebuilding my credit and have credit cards with an available credit line of $10,000, why in the hell would ...Show More

LUCILLE P.

Dec 7, 2017

May or may not recommend

I was granted a short term loan with no problems. I fell into a slump and couldn't make payment. They gladly assisted me to work something out.

Anonymous

Nov 20, 2017

May or may not recommend

I'm blaming the government for keeping and backing up by the law this type of scammers in the market to rib poor people whom in need for $200 loan to pay off a credit card or to buy food ...etc DON'T TAKE A LOAN FROM THIS PEOPLE .. YOUR GONNA PAY IT OFF TWICE AND TROUBLE TIMES

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