With this lender, you can get loans even if you have poor credit. Plus, you have the chance to build credit as a borrower. Check this MoneyLion Plus Personal Loans application guide!

This is our MoneyLion Plus Personal Loans application guide. So keep reading if you need some extra cash to reach your goals.

So, now it is time to get to work and apply for MoneyLion Plus Personal Loans. However, before we jump in, let’s make sure you are eligible for this loan. Have a look below at the eligibility requirements.

Well, this is an easy one. Since MoneyLion Plus Personal Loans offer loan products designed to build credit, you can guess it does not require a strong credit score.

In fact, you can apply even if you have bad credit.

However, you must be 18 years old or older, be currently employed and have a minimum annual income of $36,000.

On MoneyLion’s website, locate the “Marketplace” option at the top of the screen right in the middle. Running your mouse cursor over it will reveal a dropdown menu.

In that dropdown menu you will find loans for a number of different purposes. For this guide we are going to select the personal loan option.

This will take you to another page where you must select the amount and the purpose of the loan.

Once you have done that, click on “See my offers”. On the next page, select the approximate credit score you fall into.

Then, enter your first and last name and click on “next”.

After that, enter your email and click on “Next” one more time.

That will take you to another page where you can either create an account or skip.

To keep things simple, we are going to skip this part.

Then, on the next page, enter your phone number and click on “next” once again.

Now, enter your home address as the website requires. 

On the next page, select whether you rent or own your primary residence. Then, on the next one enter your date of birth.

This will take to another page where you must select your level of education.

Then, on the next page, select your employment situation and inform your annual income and click on “next.

Now, enter your Social Security Number and click “Next” one more time.

Now, review the terms as presented, and click on “see my offers”. On the next page, MoneyLion is going to show you the offers it has matched you with.

Click on “Continue” in front of the offer that best fits your needs. Then fill in the information required for that loan, and you are done!

It is always wise to compare products before settling for one. This is especially true when it comes to loans. So here is another recommendation.

With the PenFed Credit Union Personal Loan, you can prequalify online with a soft credit check without taking a hit on your credit score.

If you would like to know more about this loan, hit the link below and we will tell you all about it.