MoneyMutual
reviews and complaints

I recently had a great experience with MoneyMutual, a website that connects borrowers with lenders. As a single mom with three kids, I was in need of some extra cash to cover my medication bills and Christmas expenses. Unfortunately, my bad credit history made it difficult for me to secure a loan from traditional banks.

That's when I stumbled upon MoneyMutual. I was a bit skeptical at first, but decided to give it a try. The application process was simple and straightforward, and I was able to get matched with a lender who was willing to work with me despite my credit score.

Within a few days, I had the funds I needed to cover my expenses. I was relieved and grateful for the help. The interest rate was a bit higher than I would have liked, but I understand that this is often the case with bad credit loans.

Overall, I would definitely recommend MoneyMutual to anyone who is struggling to get approved for a loan. It's a great resource for those who need quick access to cash and don't have the best credit history. Just be sure to read the terms and conditions carefully before accepting any offers.

In conclusion, MoneyMutual helped me out when I needed it the most. I'm glad I found this website and would use it again in the future if I ever need to borrow money.

I was in a bit of a bind and needed some extra cash to pay off the rest of my rent. I decided to give MoneyMutual a try, hoping they could help me out. However, as soon as I was redirected to another website, I noticed that the amount I would have to pay back was ten times the amount I was asking for. I immediately decided not to go through with it.

Unfortunately, about a month and a half later, I found out that I was being sued by a company I had never heard of before. It turns out that they had deposited the money into my account without my consent, and I didn't notice because it wasn't a large amount. I thought it was just part of my commission check. Long story short, I had to pay them $950.00 for a $150.00 deposit that I didn't even want, just to avoid going to court.

I feel completely taken advantage of and disgusted that these people could legally do business. After reading some of the reviews here, I know that I'm not the only person this has happened to. I strongly advise against borrowing from MoneyMutual or having anything to do with them. They are crooks and thieves who promote good customer service but deny any responsibility when customers come to them with problems.

It's a shame that there are companies out there like this, preying on people who are in need of help. I hope that others can learn from my experience and avoid falling into the same trap. Stay away from MoneyMutual and any other company that seems too good to be true. It's not worth the risk.

I am so happy that I stumbled upon MoneyMutual. This website is a lifesaver for people like me who are in a financial bind. I had a situation where my car broke down and I needed money for repairs so that I could get to my full-time job and university classes. Without my car, I wouldn't be able to make it to work or school, so it was essential that I got the money I needed.

I am grateful to everyone who took the time to warn me about the dangers of taking out a loan from MoneyMutual. When you're desperate, you'll do anything to get the money you need, but I don't want to deal with the problems that come with taking out a loan from them.

If you're in a similar situation, I recommend trying PL$ check cashing. They offer payday loans as well as smart installment loans, and they don't take advantage of your bank account. You simply leave them a post-dated check for your next payday, which they hold until then. When you come in and pay the loan and fee (yes, the fees are high, but it's worth it), they return the check to you. There's no perpetual access to your bank account or your life!

Overall, I highly recommend MoneyMutual for anyone who needs a quick loan. Just be careful and make sure you understand the terms and conditions before you sign up. And if you're looking for a safer alternative, give PL$ check cashing a try. They're a great option for anyone who needs a little extra cash to get by.

So, I was watching TV a few weeks ago and saw an ad for MoneyMutual by Montell. I was in a bit of a financial bind at the time and was almost tempted to give it a try. But, I decided to do some research and read some reviews first. And boy, am I glad I did!

First off, the website claims to offer payday loans. But, did you know that North Carolina has actually banned these types of companies from operating in the state? That's right! And, for good reason too. These types of loans can often lead to a cycle of debt that is hard to break free from.

Pawn shops use similar tactics, but at least if you can't pay back the loan based on the item you pawned, they can sell it and you're not stuck trying to get out of debt. But, let's be real here. No one should ever look down on someone for being poor. The same fate could happen to anyone.

I've been broke before, but I always pray and hang in there. I believe in God and not these hypocrites or the pitchmen they use to sell you crap on TV. And, speaking of pitchmen, Montell, I used to think you were a stand-up guy. I remember seeing you advertise to help people who couldn't afford their medications. But, promoting MoneyMutual? That's just not right.

And, now you're pimping for LIFELOCK too? Come on, man! They're becoming a scam too! It's just not cool.

Anyway, I hope everyone who is going through a financial crisis can find a way out. And, I pray that the spirit of debt be removed in the name of Jesus. Amen and God bless you all.

Money Mutual is a website that can connect you with loan servicers, but be warned, they may not be the best option for you. It's important to do your research and read the fine print before signing up for anything. The site may seem appealing at first, but the payment plan can be quite steep.

If you borrow the minimum amount of $300, you could end up paying well over $1000 with 12 payments deducted from your checking account. This can be a huge burden on your finances, especially if you're already in a desperate situation for money. It's important to consider other options before turning to Money Mutual.

The site may seem like a quick and easy solution, but it's important to be cautious. The contract can be confusing and the payment plan may not be clear until you've already filled out all of your information. It's important to take your time and read everything carefully before signing up for anything.

I almost fell into the trap myself. The guy on the phone was trying to get my information while I was reading the contract online. When I saw the payment schedule, number of payments, and amount of payments, I immediately stopped the process. It's important to be aware of these details before committing to anything.

Overall, Money Mutual may not be the best option for those in need of quick cash. It's important to do your research and consider other options before turning to this site. Be cautious and read everything carefully before signing up for anything.

After I contacted them to get some kind of an assistance I started to get emails from random companies wanting me to buy something from them. My email is overwhelmed by endless spam.
I think that MoneyMutual sold my information to the third party without my permission. Moreover, I didn't even put anything, just sent them one email and it was enough to get it triggered.
Irritating

I got a call from a guy named Brandon Turner who said he was with money mutual and I was approved for a loan. He told me I had to pay a $150 to them and this was just for insurance purposes so they would have insurance that I would pay my monthly payments and the money would be refunded back to me with my loan. This didnt really seam right to me but I paid it anyway. Then I get a call saying the money was transferred from them to their bank and I had to pay another $125 for the application fee to the bank and this also would be refunded. I didnt want to do it but I didnt want to lose my money either so i sent them more money. Still no money in my account. Then they said the funds were ready to be transferred but I had to pay another $200 for a pin activation fee. I really did not want to do that because I was feeling like I was being scamed and I even told the man this and he told me just trust me mam you are not being scamed I promise. As soon as you send the $200 your money will be in your account. I did it only because I hoped I would get my money back< I had already lost too much and was hoping for the best I guess. Well I paid the $200 and then they tell me I have to pay another fee. I told them off and said they would be hearing from my attorney because they have stollen $575 total from me. I am a single mother and struggle all the time. This money was for my kids christmas that they will not be getting now because of these scam artists. I hope they can sleep well at night knowing they took away 2 little boys christmas. But I will be getting myself an attorney and they will pay for the stress and heartache they have caused me and my children.

Yeah I thought that Montel Williams was working for a legit company, But I see that he is only in it for the money as well as Money Mutual. I had only taken out only 700. dollars and was in agreement for paying every month and was taken for a ride. The first payment of 210. dollars was taken out of my account in two weeks and then 20. dollars. then on a consecutive every two weeks 210. and even 35. dollar when ever they felt like it. I called the BBB and was told to close out my account, they had kept taking money even after they got it all back. Now I am going to court to pay an outstanding amount of 1500. dollars and court cost of another 1500. dollars. So yes it is not to help it is to hurt those that don't know about the legal loan sharks that really do bite your head off.

This company is deceiving the public with their shady business practice. I took a loan 3 months ago for $350.00. When I called
today to get my balance, I was told none of the $315.00 already paid was applied to my balance and if I wanted to pay down the balance I needed to send over and above the !05.00 taken from my bank account currently. This is wrong on so many levels and
I am shocked that Montel Williams is their spokesperson! I am disabled and on a limited income.
People like this should be run out of business! I will not rest until I do everything in my power to expose this scam!

I was shocked after seeing Montel Williams endorse this site then actually going on to read the reviews. I appreciate everyone sharing their information so others are aware of what is happening. I did read the fine print and honestly this is a scam. So if you think you are actually getting a little help when you need it you are actually getting screwed in the long run.

They will sell your information to companies that will call and harass you daily from car loans to payday advances. I received a minimum of 30 calls PLUS texts messages daily.. finally I just changed my phone number. You will receive calls from ppl who clearly English is their second language and they have zero professionalism or customer service skills... I ask them not to call and they either will hang up on you or yell at you and tell you they will continue to call... on top of it all.. I never received the cash advance.. IT WAS A 2 DAY NIGHTMARE.. I just changed my phone number today!

Also, I receive a minimum of 350 spam emails each day from cash advance 3rd party companies each day.

I took out a loan and they told me that they would take out the money every week through my bank account, therefore it will be paid off in 5 weeks. ''BS" They have been taking out money to my bank account every week for finance purposes. Something told me to call, so i can verify if the payments were finished. They told me that, I still owe them for the entire loan amount and the money that's been removed from my account was not for the loan. Money Key, is the so called "Private lender" and both sites clearly states, " Your loan will be due on your next pay date. At that time we will debit your bank account for the amount due. Remind you the rep told me that it'll be paid off in 5 weeks. so on top of the $540 they've taking from my account, I still owe them $450... THIS IS BULL$#*!

I too input my information on Money Mutual's website a week ago for help after seeing their TV commercial with trusted Montel Williams...BIG MISTAKE...I have been bombarded with emails and endless text messages from companies, one of them went as far as to draft my account for $29.99 three times in a row without my permission which caused me to become overdrawn and have to pay $36.00 in overdraft fees for each time they processed it...I had to call and go on line three times to try to get this straitened out. This was supposed to help me, all i can say is DO NOT CALL OR GO ON THEIR WEBSITE...in my opinion, THIS IS A RIP OFF - A SCAM IF YOU WILL !

I accepted a $500 loan from thse guys and they claimed the amount owed was $650. Well, come to find out, that $650 was only if the loan amount was paid in full 2 weeks later. Their "processing fee" of $150 is added to each payment and the extra money (only in increments of $50) is the only thing taken off the loan amount due so if it takes you 4 payments to pay off the loan, you're paying an extra $600 dollars and the longer it takes you to pay, the more you end up paying. You could end up paying upward of 700% interest on a loan from these people. DON'T DO IT!

They charge a "revolving" $300 fee that is NOT applied to the principal amount of the loan. They allow you to make payments on your cash advance but the catch is the minimal fee is always $300. You must pay more than $300 in order to begin to pay down the original loan dept. In my case my loan is for $1000. I initially wanted to pay off this loan in 3 payments of $300 plus the $300 fee. Instead they have received the $300 fee and now I am daunted by the reality that I could be paying $900 addtional to the $1000 that is owed. I don't think the Mafia is that cruel. The last thing a person needs is to be misled and taken advantage of when they struggle financially. I don't have $300 to "give" that does not reduce my dept. If I new the phrasing/language of the agreement meant this, I would have never signed electronically. I hope legally this issue gets resolved in favor of the people who have been victimized.

This is a payday loan referral site - although they say they are not a broker or agent of any specific lender. So, if you fill out their online application they will send your personal information to who knows how many referral receivers in their network (these are pay to play networks, which doesn't necessarily mean their network consists of reputable players). Please do not sign up at this website - among other risks they will have your bank account number and other important personal information - it's never a good idea to let anybody be able to tap directly into your bank account. Many internet payday lending outfits are unlicensed and operate outside the law. And, an endorsement by some celebrity is meaningless. This company is not included in the CFSA's list of payday loan providers who supposedly abide by industry "best practices"(see www.cfsa.net. The CFSA is a national payday loan industry association.

I assume you are in some sort of short term financial crunch? If you are getting behind in your existing obligations you should try to negotiate a payment plan with your existing creditors. Payday loans are a trap.

In California there are some consumer protections for people using payday loans. The maximum loan limit is $300, fees are limited to 15% (which can still be a lot). CA does not allow extensions, thus, these loans must be paid off on their due date. I'm not exactly sure what the minimum term is in California, but it may be around 8 days - the maximum term is 31 days. This past summer the CA legislature considered a bill to increase this limit to $500 and to provide some recognition for internet payday lenders. This bill hasn't passed yet to my knowledge.

A cash advance loan is something that's supposed to help someone in a pinch. However, if circumstances should unfold where one cannot make the payoff as hoped then you wind up paying so much more that you're back in a worse pinch then before. I borrowed $400.00 for car repair issues and have wound up paying back, thus far, $1154.00 because I haven't been able to pay it back in full as it would put me in jeopardy of not being able to pay my base living bills. I'm not even talking rent or mortgage either but more like light, food, other utilities. Please don't fall pray to this unbelievably fraudulent activity. They're not helping, they're hurting the economy more than many realize. I too would have thought Montel would have checked this out and made sure people understood what they were getting into before associating his name with this. Shame on all of you at Money Mutual and your affiliates.

One would think that a man like Montel Williams would be actually looking to help the people. No one and I mean no one that is actually is in need of help can get these loans. I received a card in the mail saying that I was pre-approved for a loan and when I filled out everything I was still denied. I would think that this would be a genuine "business" but all they seem to be trying to do is get your private information so they can spam you to death with advertisements. Do NOT go to this site! Montel I am ashamed of you!

They charged my bank account for six months and I paid over 1, 000 on

a 400.00 loan they need to be stopped.

if you take out a loan they know you need this money, but they punish you

and put you further and further behind and they make it very very hard

to pay your everyday bills ie. utilities and rent.

and they don't tell you about there terms until you take out the loan.

and they are very cruel in there methol of payments, they chare 995.45%intrest rates, even when you pay them on time each month.

they prey on the elderly on fixed income, and take full advantage of us.

each time I see Montel Williams on TV I develope a very strong hate for the man.

Both ads sport Montel Williams bright, trusting smile. A person we've all come to admire and, well, trust. Well poor Montel's good name and face are being taken advantage of I'm afraid.
I received a "You can get the cash you need. When you need it!" ad in an envelope, addressed to me and attactched to this flyer-ad (with smiling Montel) is a plastic card with a reservation# on it. Well I go to the site to see what's up. All my address info already pops up with this "reservation #"
and they want TWO DIFFERENT phones numbers, they said my chances of being matched with a lender would be less if I had one, my birthdate, e-mail, how much I make a month, how often do I get paid, and what day is it received, and the LAST FOUR of my social security number. OH and my bank routing number (but only part of it...there wasnt room for your routing number AND your acct number so I assume it was just your account number they were after?. This would be especially yummy for you just told them the exact day of the week you get automatic deposit of your pay check wouldnt it?
Now...with all this being said...any icons on this web-site you'd normally push to satisfy your questions (why am I giving you this info, how much will it cost ect) ya...they do not work! Mind you the REAL website has a red ribbon accoss Montels picture and does have an OfficeSite on the web.
So for all of those of you who were smart enouch to do a tiny bit of digging before you dove for that much needed cash...DO NOT VISIT MYMONEYMUTUALNOW.COM ... buyer always beware! goood luck! Love ya Montel!