Last Updated: 04/18/2025
SuperMoney User Recommendation Score -1
Mostly not recommended77 total votes
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Highlights
Community Rating
Mostly not recommended
APR (Fixed APR)
270% - 299%(Verified 12/26/2024)
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Amount Range
$200 - $2,500
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Loan Term (Months)
6 - 12
Number of Reviews
MoneyKey Installment Loans Review
MoneyKey Installment Loans are offered by MoneyKey Inc.,a direct lender and Credit Services Organization (“CSO”) founded in 2011 and based in Wilmington, DE. MoneyKey Installment Loans are available in 7 states.
Key Takeaways
- APRs starting at 270%. Personal loan interest rates typically range between 9% and 36%. The starting rates for MoneyKey Installment Loans are on the higher end of the spectrum.
- Fast access to funds. If approved, you can sometimes get your money within 1 business day*.
- Small-dollar loans. MoneyKey Installment Loans has a maximum loan amount of just $2,500 .
- No origination fee. MoneyKey Installment Loans does not charge a loan origination fee.
- No late fees. MoneyKey Installment Loans will not charge additional fees if you miss the due date on a payment.
- Short loan terms. MoneyKey Installment Loans have loan terms as short as 6 months.
MoneyKey Pros & Cons
| Pros | Cons |
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MoneyKey FAQ
What interest rates and personal loan terms does MoneyKey offer?
MoneyKey has higher than average interest rates for lenders reviewed on SuperMoney.
What interest rates does MoneyKey offer?
MoneyKey offers a fixed APR personal loan product that ranges from 270% APR up to 299% APR.
How much can you borrow via MoneyKey?
Personal loan amounts start at $200 and go up to $2,500
What is the maximum loan term you can get with MoneyKey?
MoneyKey offers loans with terms of up to 12 months.
| Personal Loan Amount | $200 - $2500 |
| Loan Term | 6 - 12 months |
| APR | 270% - 299% |
What fees does MoneyKey charge?
Does MoneyKey charge an origination fee?
MoneyKey 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, consider lenders that don’t charge origination fees.
Does MoneyKey charge a late fee?
No, MoneyKey will not charge you a late fee if you miss payments.
Does MoneyKey charge prepayment fees?
No, MoneyKey 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.
| Origination Fee | No |
| Prepayment Fee | No |
| Late Payment Fee | No |
What do you need to qualify for MoneyKey Installment Loans?
The minimum age to be eligible is 18 or the state minimum, whichever is higher. MoneyKey Installment Loans does not have or does not disclose a minimum annual income eligibility requirement.
U.S. citizens and permanent resident / green card holders are eligible to apply for the services offered by MoneyKey Installment Loans. Not all companies will work with visa holders. MoneyKey Inc. does offer its services to temporary resident visa holders such as F1 or H1B holders.
To qualify, applicants may need to provide the following documentation:
- Proof of income
| Minimum Age | 18 |
| Bank Account Required? | No |
| Application Types Accepted |
|
| Credit Score | 300 - 700 |
What is the estimated funding time for a personal loan via MoneyKey?
MoneyKey will typically fund loans within 1 business day of approval and clearing necessary verifications.
Does MoneyKey Installment Loans report your account activity to credit bureaus?
Yes, MoneyKey Installment Loans reports to the following credit bureau:
Making regular on-time payments to a creditor that reports to one or more credit bureaus will demonstrate your financial responsibility and may help build your credit.
Does MoneyKey Inc. perform a hard credit pull?
No hard credit pulls are completed for MoneyKey.Are MoneyKey Installment Loans legit?
MoneKey was founded in 2011, it is a well-established company that has been in business for 15 years. MoneyKey Installment Loans is mostly not recommended by SuperMoney community users.
MoneyKey Installment Loans Disclosure: Not all applications are approved; duration of approval process may vary. All requests are subject to standard underwriting policies. Terms displayed, including the APR, loan amount and estimated monthly payment are subject to change based on the consumer’s verified information and creditworthiness. If you are a returning customer, loan amounts may vary. Product availability varies by state. To see loan products offered in your state of residence, please visit our Rates and Terms page. If approved, any requested funds may typically be deposited into your bank account the same business day; timing of funding may vary by product and state. The date and time funds are made available to you by your bank are subject to your bank's policies. For specific funding cut-off times, check the MoneyKey website. MoneyKey-TX, Inc. is licensed as a Credit Access Business (CAB), License No. 16641-62815, by the Office of the Consumer Credit Commissioner and registered as a Credit Services Organization (CSO), Registration No. 20110150, by the State of Texas. All loans in which MoneyKey acts as a CAB/CSO are funded by an unaffiliated third-party lender and serviced by MoneyKey.
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.
Message from MoneyKey
Contact
Headquarters
Hours of Operation
Sunday
10:00AM - 6:00PM
Monday
8:00AM - 9:00PM
Tuesday
8:00AM - 9:00PM
Wednesday
8:00AM - 9:00PM
Thursday
8:00AM - 9:00PM
Friday
8:00AM - 9:00PM
Saturday
10:00AM - 6:00PM
Other Services by MoneyKey Inc.
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Learn MoreSuperMoney Net Recommendation Score
SuperMoney users mostly don't recommend this product, giving it a user recommendation score of -1, or 3 on a 5-point rating scale.
-1
-1000+100
No one recommends
Everyone recommends
MoneyKey Installment Loans Community Reviews
Would you recommend MoneyKey Installment Loans to your friends?
BT
Bill T.
Jul 11, 2020
May or may not recommend
I borrowed $2600. In the end of this loan, I will have paid them more than $8700. I'm paying $485 and the loan is not going down. DO not use this company. They get you when you are desperate.
ST
Samoa T.
Aug 15, 2019
May or may not recommend
I will try if its approve then I will recommend it to my friends
U
Anonymous
Jul 5, 2019
May or may not recommend
Yes, good and fast customer service at all the times
Mary W.
Jun 14, 2019
May or may not recommend
There are always places that will tell you they can't help you. You are not approved, etc. Sometimes a person's credit score is not the rest of the story. MoneyKey provided me with a credit line when I needed it most! Their customer service was beyond exceptional. I would recommend them without reservation!
Tasha F.
Jun 13, 2019
May or may not recommend
You helped me out when no one else would, thanks you
MC
M. C.
Jun 12, 2019
May or may not recommend
It is not a normal installment loan, typical installment loans are based on a monthly payment not biweekly. A biweekly loan and at Money Key interest is the same as a payday loan. They used a loophole and changed wording to collect the same amount or more in repayments. A typical installment loan also has lower percentage interest. A $350 loan based on minimum repayments will cost someone $1,358.40 +/-......this ...Show More
Anna L.
Jun 10, 2019
May or may not recommend
Ridiculously high interest rates. Offered me a $175 loan for a payback of $800. Trash scamming company
CJ
Carlynn J.
May 5, 2019
May or may not recommend
Money key is a great company I would highly recommend them to anyoneno hassles, theu care about you& they are very consistent!!! 5star company????????
JC
James C.
May 4, 2019
May or may not recommend
I was in need of some immediate funds and didn't want a regular payday loan that charges triple what you borrow. Thankfully I found money key. They helped every step of the way and my payments are manageable. I am very pleased.
Brian J.
May 3, 2019
May or may not recommend
They are a bottom feeder loan company interest rates are out of this world they take advantage of people with low credit scores a 350.00 loan will cost you a 1,000.00 dollars dont use them
Keisha M.
Apr 25, 2019
May or may not recommend
I've been paying a 600 dollar loan off since January 2019 to April 2019 payment 94.00 and they say to pay it off will cost me 900.00.......
U
Anonymous
Apr 5, 2019
May or may not recommend
For a 225 dollars loan i had to pay back 600 dollars!!! Never again
Robert K.
Mar 14, 2019
May or may not recommend
They gone take as much of your money they can don't do it
U
Anonymous
Mar 3, 2019
May or may not recommend
Borrowed $200, the terms they set were 20 payments of 39.69. Payback is $800! Extremely high interest. They are there when you need help, to step on your head. If you don't have the money you need now, what makes you think you will have 4 times that amount to give away? DON'T DO IT. RUN!!!!!
SC
Shirley C.
Feb 20, 2019
May or may not recommend
Easy to read and undersstand rules and regualtions and interactions. WebPage information is easy to find and understand.
Stephanie M.
Feb 20, 2019
May or may not recommend
The percentage rate you pay back in payments is outrageous. (500.00 loan will cost you 5 payments of $230.00. Basically) Quite a lot more than the actual loan!
NB
Nick B.
Jan 30, 2019
May or may not recommend
I have requested a $150 loan thinking I would at least pay about 200 back no I had to pay back $500+ more, even with good credit. This website will rip you off stay far away. There are way better lenders out there, don't let this one sink its teeth in you.
Shawn J.
Jan 11, 2019
May or may not recommend
There lying crooks, paid 400.00 2 weeks early before my due date. Today would of been my first payment. I borrowed 1000.00, I asked what my payoff would be and was told 900.00. Today I went to pay the 900.00 to pay off the loan and they raised my payoff 500.00 in two weeks to 1400.00. My first payment wasnt even due until today. There scam artist, I ...Show More
Renee K.
Jan 3, 2019
May or may not recommend
borrowed $450 and pay back is over $1350 it's a complete rip off
Sharonda A.
Dec 18, 2018
May or may not recommend
Took at a loan for $200, they set you up a payment plan already for 11 payments. Which is already too much for a loan of that amount, what's worse it the payments were 61.35. In total I would've paid them 674.66 for a $200 loan. I stop them before and will be paying of the payoff amount of 235.96. But this is only after months of paying. So in ...Show More
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