As long as your Credit Builder Plus loan has been paid in full, you can cancel your Credit Builder Plus membership at any time with no fees. Remember, if you cancel your membership, you’ll lose your access to credit builder loans, Lion’s Share payouts, and credit monitoring, and you’ll have to reapply to unlock them again if you wish to reactivate your membership.
In order to cancel, simply:
- Click on your profile picture (top left of any screen)
- Tap “Membership”
- Tap “Manage My Membership”
Need to pay off a loan first? Please head over to the Loans tab of the MoneyLion app. Once your loan payments have settled, then you can proceed with the cancellation.
If you followed the steps for canceling above but are unable to cancel, then it's likely because you have an active loan with us that is not yet paid off. In order for you to cancel your membership, your MoneyLion loans and Instacash balance must be paid in full. To pay them, please head over to the “Loans” tab of the MoneyLion app. Once your loan payments have settled, then you can proceed with cancellation.