How Can I Get a $400 Loan Today?

Dealing with an unexpected financial emergency and need fast cash? 

You’re not alone. Life has a way of surprising us all, and some situations have a more significant financial impact than others. This is especially the case if you were recently laid off or furloughed and are struggling to get by or living check to check. 

Even if you’ve put your best foot forward and handled your finances to the best of your abilities, you could still find yourself in need of a small loan to hold you over.

The good news is there’s a way to get cash in your account without bugging others or placing a dent in your wallet. Plus, good credit isn’t required. Read on to learn more. 

Apply For a Credit Builder Loan

MoneyLion offers a Credit Builder Loan of up to $1,000 to help get your finances back on track as part of the Credit Builder Plus membership. You can receive a portion of your loan in just minutes if you are approved (the rest will be saved for you until you pay your loan in full). Plus, you will start building or improving your credit as on-time payments are made each month. 

To qualify, you will need an active bank account that’s at least 60 days old and in good standing. It should reflect consistent deposits each month from your employer or self-employment earnings. Not currently employed? No worries, as government benefits, including unemployment compensation, along with child support and alimony are also acceptable forms of income. 

There’s no minimum credit score requirement to qualify for a loan. All credit types are invited to apply as there are no credit checks, so don’t let a low score stop you from applying. 

Sound like a viable option? It only takes a few minutes of your time to apply for consideration. Here’s how to move forward: 

  • Download the MoneyLion app to your smartphone or other mobile device.
  • Input your information to customize your profile.
  • Select the Credit Builder Plus membership.
  • Link your bank account that reflects deposit activity to apply. 
  • Review your loan offer. 
  • Access some of your loan proceeds in minutes. 

Receive Money Today, Save, and Build Credit

Of your total credit builder loan amount, you will receive some funds the same day — and the remaining portion will be held in a Credit Reserve Account. This account earns interest, and the funds will be released to you when the loan is paid in full. Think of it as a way to get some money to hold you over and develop healthy saving habits, and build credit all at the same time. 

That’s all there is to it. Even better, MoneyLion makes it easier than ever to stay on track with affordable payments. Your loan payment plus a membership fee of $19.99 will automatically be broken up and deducted from the bank account on file according to your pay cycle, so you won’t ever incur late fees or have to worry about due dates. 

You can track your loan’s progress directly from the MoneyLion dashboard at any time of the day or night. 

The Credit Builder Plus membership benefits include the loan, credit reporting to all three bureaus, weekly credit updates, Lion’s Share loyalty rewards, and access to interest-free cash advances of up to $250 per pay period if you need a little more to hold you over until your next payday.

See if you qualify for a Credit Builder Loan. 

Get a $400 Loan Today!

Don’t settle for an expensive payday or title loan to get the cash you need. Instead, consider the Credit Builder Loan from MoneyLion. You can get approved right away and have cash in your bank account in minutes. You won’t have to stress about paying back what you borrow on your next payday since payments are stretched out to make the loan more affordable. 

A Credit Builder Loan can not only get you the cash you need today but makes you save and can raise your credit score by 60 points in 60 days!

Build your credit and save

Join Credit Builder Plus to get a loan up to $1,000, credit monitoring, exclusive rewards, access to 0% APR cash advances, and more. Over half of members raise their credit over 60 points within 60 days!