I downloaded this app with the intent on using it. After reading about the low APR loan i decided to try it out. The process itself is very easy. Only problem is my bank is not supported. I use Chime so im not able to borrow. More banks added would be nice. If they supported my bank i would try them again but until then its a no for me.
The refreshing element of the app in general, (particularly Finances) is pretty broken. You have to log out of your bank in order for it to refresh which is inconvenient, considering other apps do this in a much better fashion. However, it does reward you for practicing better financial habits and the personal loans are unmatched! So it does everything as promised but MoneyLion needs to work out some things on the app programming side of things because it gives off a "in beta stage" like in-app feel.
Got a loan, never said I had to subscribe for the plus account, just said I was approved for 600 at 5.99%. I needed the money and saw no strings attached. I was wrong. On my first payment I was charged for both the loan and charged an additional 31.99, which I learned is weekly, as well as my loan payment. Not very happy about that. Said nothing about that when I was offered the loan online. I then looked into it, saw it's for the plus account and it's 79.99 a month. 30 of which goes to the sub and the rest into your personal investment account, which would be cool if I could find that so called account where they it should be in their app. Overall don't get a loan here unless you're desperate. Until I see my money I can't recommend this.
The app was working fine and then I guess it updated but it no longer works! Just a blank screen. Not verily professional in my opinion, you should have someone check the app when it's updated for problems such as this
The processing at this company is very slow they take 3 to 5 business days to post your payments so if you need proof of that you have wait it out. I recommend going elsewhere if you like faster service.
App just stopped working today. It will no longer open on my Android. I get a message that the app failed to open. I have emailed support and still no response. Plus the app is useless to me since my bank Simple is not supported. Deleting. This app is not ready for prime time.
Bugs: We fixed 'em
Performance: We improved it