in Personal Loans from MoneyLion Inc.




in Personal Loans from MoneyLion Inc.

Net Recommendation Score +100% 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.

Rating not yet determined

In our efforts to provide the community with the most accurate information, recommendation rating is not determined until a sufficient number of SuperMoney users cast their vote
1 user recommends
0 users are unsure
0 users don't recommend
Cast your vote
Cast your vote

Would you recommend LionLoans to your friends?

Thanks for your vote!

Thanks for your vote!

You voted: May or may not recommend

Community Rating

Rating not yet determined

In our efforts to provide the community with the most accurate information, recommendation rating is not determined until a sufficient number of SuperMoney users cast their vote
Loan Amount $300 - $3,000
APR  (Fixed APR) 36% - 200%
Loan Term 1 - 36 months

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

  • Fast access to cash. In some cases you can get your money within 1 business day.
  • Poor credit accepted. Even if you have bad or poor credit, you can apply. Borrowers with a credit score as low as 300 are considered for LionLoans.
  • Hard credit pull required. You can't check your rates or see if you prequalify for LionLoans without a hard pull on your credit report. Most lenders give you the option of a soft pull on you credit report.
  • No origination fee. LionLoans does not charge a loan origination fee.
  • Short loan terms. LionLoans offers loan terms as short as 1 month. Most personal loans have a minimum term of 12 to 36 months.
  • 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 and Cons:

Pros Cons
  • $0 prepayment fee.
  • $0 origination fee.
  • Considers applicants with poor credit.
  • Fast funding.
  • APRs as high as 200%.
  • Do not offer pre-approval with soft credit pull.
  • Charges a late fee.
  • No co-sign option.

What rates and terms does LionLoans offer?

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

What APR rate does LionLoans offer?

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

Your APR can vary depending on several factors, such as your credit score. Find out what your credit score is and whether there is any false or inaccurate information in your credit history with these credit monitoring tools.

How much can you borrow via LionLoans?

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

What can a personal loan from LionLoans be used for?

Personal loans from LionLoans are typically used for special purchases, debt consolidation, weddings or similar purposes.

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

LionLoans offers personal loans with terms ranging from 1 to 36 months. Having the option of longer terms allows borrowers to take on larger loan amounts while keeping monthly payments more affordable. However, the longer the term of your loan, the more interest you will pay.

LionLoans Rates & Terms
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 loan origination fee.

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

Does LionLoans charge a late fee?

Yes, LionLoans may charge borrowers a late payment fee.

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 loan off early.

LionLoans Fees
Origination Fee N/A
Prepayment Fee? No
Late Payment Fee N/A

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 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 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 personal loans within 2 business days of approval.

Does LionLoans report your account activity to credit bureaus?

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 can help improve your credit score.

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...


  • Headquarters
  •   30 West 21st Street 9th Floor
    New York, NY 10010

About LionLoans

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


  Available in 15 states
  • Alabama
  • California
  • Delaware
  • Georgia
  • Idaho
  • Illinois
  • Mississippi
  • Missouri
  • New Mexico
  • North Dakota
  • 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
  • Retired
  • Self-Employed
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 Income
  • Recent Pay Stubs
  • Proof of citizenship/residence (Green Card)
Credit Score Range 300 - 850
Approval Speed 24 hours
Credit Bureau Reporting Other
Funding Time Range 1 - 2 days
Payment Options Automatic Payments
Loan Amount $300 - $3,000
APR (Fixed APR) 36% - 200%
Loan Term 1 - 36 months

LionLoans Community Reviews


Would you recommend LionLoans 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
Cancel my vote
(will require moderator approval)

Other Personal Loans

MoneyLion Inc. Personal Loans



Loan Amount


Loan Term

MoneyLion Plus Personal Loans

MoneyLion Plus Personal Loans

442 total votes
Loan Amount $1K - $35K     $100 $100K+
APR 5.99% - 200%
(Fixed APR)
    4% 200%+ Fixed APR
Loan Term (Months) 1 - 36     1 180
BetterCash Personal Loans

BetterCash Personal Loans

24 total votes
Loan Amount $300 - $10K     $100 $100K+
APR 36% - 99%
(Fixed APR)
    4% 200%+ Fixed APR
Loan Term (Months) 12 - 36     1 180