How is my outstanding balance calculated?

When you apply for an Overtime loan, you’re presented with options to help meet your needs, and your choices may affect your outstanding amount:

  • First, you can choose the MoneyLion Debit Mastercard® transaction you want to split into 4 payments. The amount of this transaction will determine your loan amount.
  • Second, you can choose to leave an optional Tip.

In case you select to defer a payment, you may incur a deferral fee. In the unexpected event that you miss a payment and do not make it up in full within the grace period applicable to you, you may be charged a late fee.


Overtime loans have an annual percentage rate (APR) of 0%. A soft credit pull will be conducted which has no impact on your credit score. Overtime loans are made by either exempt or state-licensed subsidiaries of MoneyLion Inc. May not be available in all states. Additional terms and conditions may apply.

MoneyLion is a financial technology company, not a bank. RoarMoney℠ demand deposit account provided by, and MoneyLion Debit Mastercard® issued by, MetaBank®, National Association, Member FDIC. RoarMoney is a service mark of MoneyLion. Mastercard is a registered trademark, and the circles design is a trademark of Mastercard International. Funds are FDIC insured, subject to applicable limitations and restrictions, when we receive the funds deposited to your account.

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