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Installment Loans and Lines of Credit between $200-$3,500
MoneyKey is an online lender and service provider.
Apply online and verify your information; the process is quick1. If your application is approved, you may receive funds the same business day2.
MoneyKey is a state-licensed direct lender in Delaware, Idaho, Kansas, Mississippi, Missouri, Tennessee, Utah and Wisconsin. In Texas, MoneyKey is not the direct lender but is licensed as a Credit Services Organization and a Credit Access Business. In this state, loans are funded by third-party lenders and serviced by MoneyKey.
The CC Flow Line of Credit is provided by CC Flow, a division of Capital Community Bank, a Utah Chartered bank, located in Provo, Utah, Member FDIC. The CC Flow Line of Credit is serviced by MoneyKey.
1Not all applications are approved; duration of process may vary.
2If approved, any requested funds may typically be deposited into your bank account the same business day. For specific funding cut-off times here.
MoneyKey has garnered a mixed reputation, with many customers praising its efficient service and supportive customer representatives who provide clear explanations of loan terms. Users appreciate the quick access to funds and the flexibility in repayment options, often highlighting the professionalism and patience of staff. However, concerns arise regarding high fees and the complexity of repayment structures, leading some customers to feel misled. Additionally, there are reports of unauthorized transactions and account freezes, which have contributed to skepticism about the company's integrity. Overall, while MoneyKey is recognized for its customer service, potential borrowers should be cautious and fully understand the terms before proceeding.
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Everything has been wonderful no issues easy use and quick turnaround.
I Browed 375.00 they credit me 10.00 month towards loan rest is in interest they charge 100.00 or more Month.
As with most payday loans, they can often be a huge money pit. Where you just continue to swim in debt no matter how much you pay each month. And with this company, the customer service makes things even worse. I tried to explain that I was behind on a payment due to hardships. The options I was given was either to combine the behind payment and the current payment, combine half of the behind payment and the current payment or they did offer to break it in 3 parts. When I said none of those work, they basically said, well, too bad, so sad. There is never a payment plan option. And you cannot close the account and just make payments on the balance. The only way the account can close is if you pay it all or default on the account. Also, the overall amount borrowed just continues to grow. It's suffocating. Run away.
Hello Ashley, thank you for the review. Please note that at MoneyKey, we aim to be as transparent as possible when it comes to the cost of credit. We would like to take the opportunity to look into your concerns. Please email us your details at feedback@moneykey.com. Thank you.
They sent us a letter in the mail, said we were approved then after sending my bank details they said no. I reported them to BBB.
Hello, thank you for your review.
Please note that MoneyKey operates in compliance with all applicable federal and state regulations. If you would like us to look into your specific concerns, please email us your details at feedback@moneykey.com. Thank you.
Uses scam like tactics then when telling them to remove me from calling list they tried to get my social security # and date of birth
Hello,
Thank you for taking the time to leave a review. We would like the chance to properly assist you and address your specific concerns, please email us at feedback@moneykey.com.
Thank you.
My balance owed is about $1800. Every two weeks moneykey take $212 from my bank account to pay on my loan.That is $414 a month but the amount being paid off is not getting lower.I still owe $1800 and after 2 months and I have not borrowers any more money in 2 months so where is the payments going towards? They are robbing me and taking my money and took advantage of me. Do not borrow from this company. They are sharps and money robbers. I wish I had know they were like this I would never had applied to them. I need to figure out away to pay them off because they are getting triple back then what I paid them they remind me a lot of the IRS.
I took out a loan with Moneykey and I have been paying every 2 weeks and it's not going to my principle they are loan sharks. I am about to contact the Attorney General of my state and the BBB in regards to this matter the more you pay the higher your loan payments gets. Straight Scam. Don't borrow money from this company. They're leeches they will suck you dry. Please don't do it. I wish I could give them zero stars.
Hi Charmaine,
Your feedback is valued. We aim to be as transparent as possible when it comes to the repayment terms and conditions on products offered through MoneyKey.com. In order to address your concerns, we need additional information regarding your experience. Please send an email to feedback@moneykey.com and we will be happy to assist you. Thank you.
They don't report your loans to credit unions, so you will be doing yourself no favors borrowing from them. You will end up paying back three times the amount you got from them, only to find out that over a year of perfect payment history of a large sum of money each month will never be seen by creditors. They also don't warn you about this in any print, fine or otherwise. I receive an email a day from money key about tips to up your credit score, which is why I assumed the payment history would be reported. Nope, just a tactic. Borrow from anywhere else.
Hi Rachel,
Thank you for writing to us. We are committed to customer service and we’re transparent when it comes to providing information (including the cost of credit and credit reporting) key to understanding the products/services available through our website. Traditional credit scores (i. E., FICO/VantageScore) should not be impacted by any payment activity resulting from credit that was obtained through MoneyKey as we only report to alternative credit bureaus, and not prime credit bureaus. We value your feedback and we’d be happy to help you with any additional questions you may have at feedback@moneykey.com.
This, in my opinion, is the ideal choice for folks who want immediate money aid. Thank you for responding to consumer requests so swiftly. This is a genuine service that is open to everybody.
I think that this is the best solution for people who urgently need financial assistance. Thank you for responding so quickly to customer requests. This is a real help, which is available to everyone.
Everything very is fast.
No surprises or unexpectedness.
Everything is organized accurately and calmly.
Got all my banking, social security number, and personal information, even said I was approved online- then they had the wrong account number and ssn# for me on their end so they denied my application! DONT DO BUSINESS WITH THIS COMPANY!
I have always been satisfied with moneykey. I thank you for being there for me when the need has arisen. I am never disappointed. Your employees are professional and very helpful.
Money Key is the number one source for lending. The process is very friendly, quick, and easy to get approved.
I had no idea they were a quick online version of Advanced financial that will leach you of money every two weeks.
Stay away if you can. Morally bankrupt as they come
I never made a payday loan before. So i was eager to pay it out on time! But when i called money key to pay it out the first rep act as if i couldn't pay off the loan in full! So instead of taking the full amount he took partial of the loan and tried to tell me my bank wouldn't let him take the full amount! I called Bank of America who told me they didn't have any restrictions on my account that was stopping money key from taking their money! So when i called money key back, i was giving a new rep and before asking me what i needed done she process the full amount and pull it out my bank so now they have over paid themselves! Then took the matter out on me as if i was in the wrong for trying to pay the loan out in full! Over all this was the worst customer service i ever experience! And I'll never deal with this company again.
Hi Mykell,
We sincerely apologize for your most recent experience. As a MoneyKey customer you can always make additional payments or pay off your loan off in full any time, and there are penalties or fees for doing so. What you've described inconsistent with our policies and we would like to look further into your review. Please reach out to us directly at feedback@moneykey.com. Thank you.
This company said they would approve me but I had to give them my chase banking online user name AND password! And that he promised I could trust him!
No loan company should have to ask that information over the phone. I had already provided them with my account and routing number.
Hi Veronica,
Thank you for taking the time to write to us. Please accept our apology as we take privacy and security seriously and the service you've described does not align with our policies or practices. To help us investigate your review further, please send an email to feedback@moneykey.com. Thank you.
I have spoke to a couple of service reps and they all were nice. They were very knowledgeable and was willing to see if I had any concerns. Roaman was the representative who I talked to
Tonight was exceptionally nice.
I went thru entire process and Rosemary said I was approved and then 3 days later my application was withdrawn for no reason. I went with another company immediately! Horrible customer service. Don't do business with Moneykey!
Hello Sue,
We apologize for any inconvenience caused by the withdrawal of your application. The experience you've described doesn't align with MoneyKey's practices and we would like more information from you to investigate this further. To protect your privacy, please reach out to us at 1-866-252-5578 ext. 2221. Or feedback@moneykey.com. Thank you.
They approved me when others didn't, I needed money and was desperate. Man oh man am I regretting it now. I borrowed $350 and have since paid that in monthly payments ($92 every other week) for 5 weeks. I called today to check my payoff balance and it's still over $400! Crazy!
Answer: Nope! It's high-interest, as hard credit checks aren't performed, but all info can be found on MoneyKey.com. B rating with BBB, and registered with the Online Lender's Alliance.
Answer: It all depends which State you're in, and whether you're paid weekly, biweekly, semi-monthly, or monthly.
Answer: MoneyKey only reports to credit bureaus when repayments default, or are sold to 3rd-party collections or to a bankruptcy/consumer proposal trustee. Otherwise no.
Hello Alvin,
We aim to be as transparent as possible when it comes to the cost of credit products offered through MoneyKey and we would like to take the opportunity to address your specific concerns.
Please send us an email at feedback@moneykey.com with your details so we can assist you. Thank you.