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Last Updated: 04/18/2025

MoneyKey Installment Loans

in Personal Loans from MoneyKey Inc.

Last Updated: 04/18/2025

Created by:

created by author logoSuperMoney

Fact Checked by:

fact checked by author logoAndrew Latham
MoneyKey Inc. logo
Mostly not recommended77 total votes
35 users recommend
6 users are unsure
36 users don't recommend
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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

77

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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

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.

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.

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

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.

    MoneyKey Inc. logo

    Message from MoneyKey

    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.

    Contact

    Headquarters

    1000 N West St Suite 1200
    Wilmington, DE 19801
    Visit Site

    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.