Next day personal loans with no hidden fees

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Getting next day personal loans doesn’t have to be a confusing and long process. When you need cash quickly and are making moves to build your credit score, waiting around probably isn’t your first choice. 

This guide is going to give you the down-low on how you can get next day personal loans with no hidden fees. Here’s how!

What to do before applying for a loan?

Before venturing out to apply for a loan there are a few things you can do to help raise your odds of getting approved for a loan and avoid paying high interest rates and fees. 

People who qualify for loans as quickly as possible and with the best rates likely have good credit scores and can prove steady income. So first off, take a look at your credit score.  Next, make sure your bills are paid on time and you have no mistakes on your credit report. File a claim with the credit rating company to fix any mistakes you find. 

You’ll also want to address delinquent accounts and have a consistent banking history with proof of income.

How to get a same day loan

No need to wait a whole day for approval, with MoneyLion, you can often apply and get an approval the same day!

Try a MoneyLion loan

A Credit Builder loan from MoneyLion can help you if you need a little extra cash but it can also be an easy way to help raise your credit score as well as monitor and track your score. You can get access to all of this once you sign up for the Credit Builder Plus membership for$19.99 a month. 

What information do you need to provide?

To apply for a MoneyLion Credit Builder loan, you’ll need to be at least 18 years old, be either a U.S. citizen or a permanent resident of the United States, have a Social Security number, and have a checking or spending account. 

Once you provide that information, we’ll conduct a soft credit pull that won’t affect your credit score. From there, you’ll just have to link your primary checking or spending account, and then we’ll securely scan your finances to see if you qualify. 

Your linked account must be in good standing with proof of an income stream. The account needs to have been open for at least 60 days and contain an acceptable balance as determined by MoneyLion and your active transaction history. 

Do I need a job?

To qualify for a Credit Builder loan, you’ll need to prove some type of income. Acceptable proof of income includes a paycheck, salary, or benefit income.  

What if I have bad credit?

Having bad credit won’t stop you from qualifying for a MoneyLion loan. Our loans are here to help you improve your credit score and establish a credit history.

How much can I borrow?

If you qualify for a MoneyLion Credit Builder loan you could get up to $1,000. Most people get less than half of their loan right away and the remaining portion of the loan amount is held in a Credit Reserve Account in your name. 

How long do I wait to get paid?

With a MoneyLion Credit Builder loan, you could get same-day funding. You’ll receive a portion of the loan funds after signing the loan agreement and will receive the remainder of the loan after making your final loan payments*.

Will a MoneyLion Credit Builder loan improve my credit score?

We report your payment history to the three credit bureaus, so making on-time monthly payments allows you to take steps to help improve your score. 

Quick online application

From start to finish the whole application process might only take a few minutes with simple qualifications needed. Fill out an online application and meet a few simple requirements.

Fast approval time

No more sitting around waiting to get approved for a loan. The MoneyLion Credit Builder loan offers approval as quick as the same day.

Monitor and track your credit

Keeping an eye on your credit is important, especially while you’re working to help establish or build your credit score. You’ll get access to 24/7 credit monitoring and personalized insight into your credit with a Credit Builder Plus membership.

Get started today to get access to all the perks MoneyLion has to offer!

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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!

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