What type of loan am I getting? Can I really qualify?
There are tons of loan options out there, and it’s difficult to decipher one from the other. Money Mutual lenders offer short term cash loans, which are also known as payday loans, cash advance loans, or payday advances. They differ from bank loans in that they are more easily approved, and the cash is distributed typically by the next day. Banks may take up to a month to even look at a loan application, whereas Money Mutual lenders are there for “need cash now” situations.
Perhaps the most important thing you need to know about Money Mutual lenders and payday loans is that your credit history will not hurt your chances of getting approved. We recognize it’s a frustrating cycle that you can’t get by without a loan, but you can’t get a loan since your credit history has been compromised due to late payments, bounced checks, and other circumstances. When used correctly, Money Mutual lenders can help you break this vicious cycle of debt and late payments.
Another big difference between bank loans and payday loans is the amount you are able to borrow. Banks loans are reserved for big purchases, such as a home or vehicle. Money Mutual is a great tool for situations where you need some quick cash before your next paycheck, so therefore our lenders offer amounts up to $1,000. The funds are deposited directly into your account, and are available to spend upon receipt. Another great perk of online short term loans is that they are available to you 24 hours a day, 7 days a week.
In order to qualify for a loan with a Money Mutual lender, you must typically meet the following criteria:
- Currently have a job and/or receive regular income
- Make at least $800 per month
- Are at least 18 years of age and a U.S. citizen
- Have a checking account
Did you answer yes to all of the above? Congratulations, you’re one step closer.
Does Montel Williams really endorse MoneyMutual?
You bet! Montel Williams is a proud endorser of MoneyMutual. The celebrated former talk show host has a passion for helping those in need, and MoneyMutual is just one of his many ventures to do so. Montel Williams also started an MS foundation, and is a spokesman for a program that helps low-income patients apply for free or reduced prescription drugs.
So what does this all mean to you? If Montel Williams lends his name to something, you know it’s something that is designed to help those who will benefit from it. He endorses MoneyMutual because it provides access to fast cash for those in a financial bind, and have no other alternatives. You shouldn’t have to be punished just because you’re short on cash, and this is something Montel Williams recognizes with Money Mutual’s services. MoneyMutual helps provide a safe and secure way to get cash when you need it most, without taking advantage of you during this vulnerable time.
As proven in his Daytime Emmy Award winning talk show, Montel has a soft spot for people who have fallen onto hard times. Rather than bounce a check, overdraft your bank account, or receive late payment penalties, Montel believes that a short term cash loan from a Money Mutual lender can provide the necessary immediate assistance you need, and help avoid more costly fees.
According to Williams, “MoneyMutual’s online lending network is the only source you can trust for finding a short term cash loan quickly and easily.” Sure, there are plenty of other sites out there, but it means something to us that this is the site Montel wanted to put his name behind. He takes pride in being able to give people information which could help them live better physically, financially, and emotionally—and so do we.