As a MoneyLion Plus member, you get access to a low cost $500 5.99% APR loan with a 12 month term. Once you’re a member you don't need to re-apply for a loan. Pay it off at any time without extra fees.
- Pay back after 2 weeks - get $500, pay back $501.15
- Pay back after 6 months - get $500, pay back $514.98
- Pay back after 12 months - get $500, pay back $529.95
You can get a MoneyLion Plus loan anytime as long as you don't have a currently active loan and your membership payments are in good standing.