MoneyKey Installment Loans

MoneyKey Installment Loans

in Personal Loans from MoneyKey Inc.


MoneyKey Installment Loans


in Personal Loans from MoneyKey Inc.

SuperMoney Net Recommendation Score -3


This product is mostly not recommended by SuperMoney users with a score of -3, equating to 2.9 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.

Mostly not recommended

35 users recommend
6 users are unsure
37 users don't recommend
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Community Rating Mostly not recommended
APR  (Fixed APR) 174% - 298%
Loan Amount $200 - $3,500
Loan Term (Months) 6 - 18 months
Number of Reviews 78

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 available in 9 states across the USA.

Key Takeaways
  • APRs starting at 174%. Personal loan interest rates typically range between 5% and 36%. The starting rates for MoneyKey Installment Loans are on the higher end of the spectrum.
  • Fast access to funds. In some cases you can get your money within 1 business day.
  • Hard credit pull required. You can't check your rates or see if you prequalify for MoneyKey Installment Loans 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. MoneyKey Installment Loans does not charge a loan origination fee.
  • No late fees. Missing a payment can seriously damage your credit, but MoneyKey Installment Loans will not charge additional fees if you miss the due date on a payment.
  • Short loan terms. MoneyKey Installment Loans offers loan terms as short as 6 months. Most personal loans have a minimum term of 12 to 36 months.
MoneyKey Pros & Cons
Pros Cons
  • $0 prepayment fee.
  • $0 origination fee.
  • Considers applicants with fair credit.
  • Funding available within 1 business day.
  • APRs as high as 298%.
  • Do not offer pre-approval with soft credit pull.
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 174% APR up to 298% APR.

How much can you borrow via MoneyKey?

Business loan amounts start at $200 and go up to $3,500.

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

MoneyKey offers loans with terms of up to 18 months.

MoneyKey Interest Rates & Loan Terms
Personal Loan Amount $200 - $3500
Loan Term 6 - 18 months
APR 174% - 298%

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, go with 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 one of the monthly 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.

MoneyKey Fees
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. 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.

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

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

  • Recent pay stubs
  • Proof of income
  • Government issued photo ID
MoneyKey Eligibility Criteria
Minimum Age 18
Bank Account Required? No
Application Types Accepted
  • Individual Applications
  • Credit Score 300 - 700

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

    MoneyKey will typically approve (or deny) a loan application within 24 hours and fund loans within 1 business day of approval.

    Does MoneyKey Installment Loans report your account activity to credit bureaus?

    Yes, MoneyKey Installment Loans 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.

    MoneyKey Installment Loans Disclosure: Not all applications are approved; duration of approval process may vary. Credit limits/loan amounts are subject to further verification criteria. 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 our 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. In the State of California, MoneyKey - CA, Inc. is licensed by the Department of Business Oversight pursuant to a California Finance Lenders Law License, License No. 60DBO43590 and a California Deferred Deposit Transaction Law License, License No.1004516.
    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.

    Message From MoneyKey Installment Loans

    MoneyKey’s aim is to remove the complication that is often associated with attempting to borrow funds. After a simple online application, a customer care agent will help the customer to understand their loan terms and get them funded by as soon as the next business day. MoneyKey also offers a 3-day cancellation policy if the customer, for any reason, has a change of heart.


    Hours of Operation

    • Sunday 9:00am - 9:00pm
    • Monday 9:00am - 9:00pm
    • Tuesday 9:00am - 9:00pm
    • Wednesday 9:00am - 9:00pm
    • Thursday 9:00am - 9:00pm
    • Friday 10:00am - 6:00pm
    • Saturday 11:00am - 7:00pm

    Other Services by MoneyKey Inc.


      Available in 9 states
    • Delaware
    • Idaho
    • Illinois
    • Missouri
    • Mississippi
    • New Mexico
    • Texas
    • Utah
    • Wisconsin

    Feature Breakdown

    No Origination Fee
    No Prepayment Fee
    No Late Fees
    Employment Statuses Considered
    • Other
    • Employed Full-Time
    • Employed Part-Time
    • Self-Employed
    • Retired
    • Unemployed
    Immigration Status Considered
    • U.S. Citizen
    • U.S. Permanent Resident
    Joint Loan Applications Accepted
    • Individual Applications
    Military Status
    • Non-Military
    Minimum Age 18
    Supported Income Types
    • Direct Deposit (W2, SSA, SSDI)
    • Cash
    • Payroll Check or Prepaid Card
    • 1099 Misc. Income
    Verification Documents Required
    • Recent Pay Stubs
    • Proof of Income
    • Government Issued Photo ID
    • Social Security Number
    Credit Score Range 300 - 700
    Approval Speed 24 hours
    Credit Bureau Reporting Other
    Funding Time Range 1 day
    Payment Options
    • Automatic Payments
    • Check by mail
    Loan Amount $200 - $3,500
    APR (Fixed APR) 174% - 298%
    Loan Term 6 - 18 months

    MoneyKey Installment Loans Community Reviews


    Would you recommend MoneyKey Installment Loans to your friends?

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    This product is mostly not recommended by SuperMoney users with a score of -3, equating to 2.9 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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