MoneyKey Installment Loans Review

MoneyKey Installment Loans is offered by MoneyKey Inc., a direct lender founded in 2011 and based in Wilmington, DE. MoneyKey Installment Loans is offered in 14 states across the USA.

What rates and terms does MoneyKey Installment Loans offer?

MoneyKey Installment Loans has higher interest rates than the average for lenders reviewed on SuperMoney.

What fees does MoneyKey Installment Loans charge?

What do you need to qualify for MoneyKey Installment Loans?

Applicants with a credit score of at least 300 and up to 700 are eligible 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. MoneyKey Installment Loans will consider borrowers regardless of their employment status if they can prove their ability to repay their obligations.

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 MoneyKey Installment Loans 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.

Only U.S. citizens and permanent residents can apply for a loan.

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

What is the estimated funding time for a personal loan via MoneyKey Installment Loans?

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