LionLoans Claimed


SuperMoney Net Recommendation Score +100  


This product is strongly recommended by SuperMoney users with a score of +100, equating to 5 on a 5 point rating scale.


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.

Strongly recommended

6 users recommend
0 users are unsure
0 users don't recommend
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Spotloan 22 reviews
Community Rating Strongly recommended
APR  (Fixed APR) 36% - 200%
Loan Amount $300 - $3,000
Loan Term (Months) 1 - 36 months
Number of Reviews 6

LionLoans Review

LionLoans is offered by MoneyLion Inc., a direct lender founded in 2013 and based in New York, NY. LionLoans is available in 15 states across the USA.

Key Takeaways

  • APRs starting at 36%. Personal loan interest rates typically range between 5% and 36%. The starting rates for LionLoans are on the higher end of the spectrum.
  • Fast access to funds. In some cases, you can get your money within 1 business day*.
  • No origination fee. LionLoans does not charge a loan origination fee.
  • Short loan terms. LionLoans have loan terms as short as 1 month.
  • Minimum income of $36,000. You will need an annual income of at least $36,000 to apply for LionLoans, which is above average for the lenders in our database.

LionLoans Pros & Cons

Pros Cons
  • $0 prepayment fee.
  • Loan options with $0 origination fee.
  • Considers applicants with fair credit.
  • Funding available within 2 business days.
  • APRs as high as 200%.
  • Do not offer pre-approval with soft credit pull.
  • Charges a late fee.

LionLoans FAQ

What interest rates and personal loan terms does LionLoans offer?

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

What interest rates does LionLoans offer?

LionLoans offers a fixed APR personal loan product that ranges from 36% APR up to 200% APR.

How much can you borrow via LionLoans?

Personal loan amounts start at $300 and go up to $3,000.

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

LionLoans offers loans with terms of up to 36 months.

LionLoans Interest Rates & Loan Terms
Personal Loan Amount $300 - $3000
Loan Term 1 - 36 months
APR 36% - 200%

What fees does LionLoans charge?

Does LionLoans charge an origination fee?

LionLoans does not charge a personal loan origination fee.

A personal loan origination fee is what some lenders charge for processing, underwriting, and funding a personal loan. Typically origination fees range from 0.5% to 5% of the personal loan amount. Whenever possible, go with lenders that don’t charge origination fees.

Does LionLoans charge a late fee?

No, LionLoans will not charge you a late fee if you miss one of the monthly payments.

Does LionLoans charge prepayment fees?

No, LionLoans 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.

LionLoans Fees
Origination Fee No
Prepayment Fee No
Late Payment Fee No

What do you need to qualify for LionLoans?

When it comes to credit scores, MoneyLion Inc. doesn't have a set minimum or maximum. People with all types of credit scores can apply. The minimum age to be eligible is 18 or the state minimum, whichever is higher.

To qualify for personal loans with LionLoans, applicants need a minimum annual income of $36,000 or higher. LionLoans only considers borrowers who are employed and meet the minimum income requirement.

The Military Lending Act (32 C.F.R. § 232) prohibits lenders from charging service members more than 36% APR on credit extended to covered borrowers. APRs for the LionLoans product fall outside of the MLA limits, and as a result, the product cannot be issued to these applicants. Active duty service members and their covered dependents are considered “covered borrowers" under the Military Lending Act.

U.S. citizens are, of course, eligible for the services offered by LionLoans. Permanent resident / green card holders are also eligible to apply.

To qualify, applicants may need to provide the following documentation:

  • Applicants must have an active and valid personal checking account
  • Recent pay stubs
  • Proof of income
  • Proof of citizenship or residence permit
LionLoans Eligibility Criteria
Minimum Age 18
Bank Account Required? Yes
Credit Score 300 - 850

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

LionLoans will typically approve (or deny) a loan application within 24 hours and fund loans within 2 business days of approval.

Does LionLoans report your account activity to credit bureaus?

Yes, LionLoans reports your account activity to the following credit reporting agencies:

Making regular on-time payments to a creditor that reports to one or more credit bureaus will demonstrate your financial responsibility and may help improve your credit.

Is MoneyLion Inc. a legit company?

MoneyLion Inc. was founded in 2013, it is a well-established company that has been in business for 9 years. Based on their "strongly recommended" SuperMoney community rating, they appear to be a very reputable company.

LionLoans Disclosure: All lending and servicing of loans for LionLoans is done by one of MoneyLion's affiliates. All loans in i) Alabama are made by MoneyLion of Alabama LLC under Consumer Credit License # MC 22369, regulated by the Alabama State Banking Department; ii) C
SuperMoney Disclosure: 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.


About LionLoans

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View all personal loans offered by MoneyLion Inc.


  Available in 15 states
  • Alabama
  • California
  • Delaware
  • Georgia
  • Idaho
  • Illinois
  • Missouri
  • Mississippi
  • North Dakota
  • New Mexico
  • Ohio
  • South Carolina
  • Texas
  • Utah
  • Wisconsin

Feature Breakdown

No Origination Fee
No Prepayment Fee
Checking Account Required
Employment Statuses Considered
  • Employed Full-Time
  • Employed Part-Time
  • Self-Employed
  • Retired
Immigration Status Considered
  • U.S. Citizen
  • U.S. Permanent Resident
Military Status
  • Non-Military
  • Veterans
Minimum Age 18
Minimum Annual Income $36,000
Supported Income Types
  • Direct Deposit (W2, SSA, SSDI)
  • Payroll Check or Prepaid Card
Verification Documents Required
  • Proof of citizenship/residence (Green Card)
  • Recent Pay Stubs
  • Proof of Income
Credit Score Range 300 - 850
Approval Speed 24 hours
Credit Bureau Reporting Other
Funding Time Range 1 - 2 days
Payment Options Automatic Payments
APR Type Fixed APR
Loan Amount $300 - $3,000
APR (Fixed APR) 36% - 200%
Loan Term 1 - 36 months

LionLoans Community Reviews


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This product is strongly recommended by SuperMoney users with a score of +100, equating to 5 on a 5 point rating scale.


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.

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