MoneyMutual

This place is a complete scam. My husband borrowed 300 from them, he got paid every 2 weeks. Every 2 weeks like CLOCKWORK they were taking the 300 out of his check until we closed the account! They took 1200 from him!

I was shocked after seeing Montel Williams endorse this site then actually going on to read the reviews. I appreciate everyone sharing their information so others are aware of what is happening. I did read the fine print and honestly this is a scam. So if you think you are actually getting a little help when you need it you are actually getting screwed in the long run.

They are supposed to allow you review loans first by their lender network, however they simply just deposit money into your bank without your approval or authorization and expect you to pay it back! Second time around I went with AffordaCredit.com which was 100x better, as they approved me for a much larger loan amount and allowed me to review which lender I wanted before depositing into my account.

It may not be a scam but it is taking advantage of those in need. It is hard to believe that montel (who claims to care) would endorse any type of program such as this. I will not belittle and dismiss those who were caught in this web unlike others who carry an holy than thou attude I will however pray that you recover from your problems and be more careful in the future cause I've been there

You apply for their payday loans and they turn you down, then you get constant mailers about the money sometimes two or three a week and when you call them to stop sending the mailers out they still keep on coming. If they are legitimate they would honor your request to have the mailers to stop but they do not. All I do with them is put them in the garbage and contact them again and again to stop sending out these loan request.

I'm glad I found this site (will bookmark it for future needs w/other websites!) Like so many others I found myself in a financial bind and my car broke down, needed $ for repairs so I can get to my full time job and full time university classes- no work, no money, so the car is essential. Thank you everyone for taking the time to sound the alarm, when someone is desperate things are done that wouldn't normally be done, but I definitely don't need the problems a loan from Money Mutual would cause! Anyone in this bind, try PL$ check cashing: they offer payday loans as well as smart installment loans and don't rape your checking account for payment. You simply leave them a post dated check for your next payday, which they hold til then. When you come in and pay the loan and fee ( yes, the fees are high, but there's no encumbrance of your email, phone, bank account!), they return the check to you, no perpetual access to your bank account/life!

FRAUD! Once you fill out the form, they don't contact you and let you review rates and sign agreement, they just deposit money into your account. Its being pitched by Montel Williams. The loan company is really SSM LLC. Dont ever use them.

This site is s scam. If you're looking to pay the loan off with-in two weeks good luck! There is no way to pay the loan with in two weeks because the drop down box for making payments is greyed out and will not work! After they withdraw the first payment, which is only the extremely high interest rate, the payment drop down box works somehow works. If youre looking to pay back quickly with one payment look elsewhere because this site wont allow you to. $90.00 interest for a $300.00 loan. After they took out the $90.00 only then they allowed me to set up my payment options which included another $90.00 interest payment. Short & sweet I paid $180.00 on a $300.00 loan. SCAM!

They send me money to verify account and I had to go to Walmart by gift card with the money they gave me. 10 hours later I get notifications that I ask my bank for a credit card and another place for money

They will sell your information to companies that will call and harass you daily from car loans to payday advances. I received a minimum of 30 calls PLUS texts messages daily. Finally I just changed my phone number. You will receive calls from ppl who clearly English is their second language and they have zero professionalism or customer service skills... I ask them not to call and they either will hang up on you or yell at you and tell you they will continue to call... on top of it all. I never received the cash advance. IT WAS A 2 DAY NIGHTMARE. I just changed my phone number today!

Also, I receive a minimum of 350 spam emails each day from cash advance 3rd party companies each day.

I was in a jam and needed money and well I normally read reviews, but I was so stressed that I didn't have time. I am now worried I hope for the best... I know I should have done my research and I did read the fine print... I expect there will be fees so I am going to try to pay it of asap. I will update

OMG! I started filling out the loan app, and for some reason I just stop because it turn out to be a payday loan. I am just like alot of other people very stress and not in the best of health and needed help. But I was talkin to my cousin and he was telling me that you can also get a personal loan instead of a payday. I went back to look at it and I came across this site. I am so so happy that I did because the last thing I need is a company stilling the lil money I do have out of my account. Montel have money and it don't affect him in anyway, but thats about right people with money could careless about us that is living check to check. We need to all pull together and put a class action law suit on this company and Montel for lying..

I want to thank all of you that wrote in, you stopped me from making a difficult situation worse. Like many I was laid off, I went through all my savings to keep my bills up. I will be back at work in September, but I have no money left to pay Sept. Bills, I hate falling behind and $1,000 would have kept my payments current. I'm so glad I didn't do this. I pray for the rest of you that shared your bad experience, that some one will help you out of this situation. I was going to buy Montel's Juicer in the near future; but I'm sure that's a lie also. I wonder if Montel knows what this site does to people? Celebarties should know exactly what they are representing it puts their credibility on the line.

I have worked for a payday loan company in the past and they are basically "legal loan-sharks." If you find yourself stuck in these types of loans first try transferring them to "installment loans", they have much, MUCH better finance rates and some of your monthly payment goes towards the principle... as long as you don't refinance it you will pay it off within a few months. If you can't convert the loan(s), start with the smallest payday advance and every time you "re-advance" it, reduce the amount you borrow back by $25.00-$100.00 until you have enough to pay the loan off without re-borrowing it. Then move to the next advance reducing as much as you can each payday. Once you are free from these types of loans, STAY AWAY from payday advances! THEY SHOULD BE ILLEGAL!

I haven't experienced anything.

From all the reviews I have read, I know I will not be doing business with them.

Montel Williams should be shamed out of business for promoting this business and site.

I always like Montel, but apparently he doesn't know what the heck he is endorsing. I was in a crunch and went to that website and filled all my information and punched submit and it went to another site to fill out the same information I just filled in and then wanted to sell me a credit card and debit my account $149.95 immediately and $33.00 every month to join. What a scam!

I got stuck in a bad place needed money so I could make it through. I went to money mutual to get a loan. They connected me with money key. Huge mistake. They gave me a 500 dollar loan. I recieved tye payment schedule and amount after I agreed to it. Not my choice I was told I woupd receive an email first then i could agree. Didn't happen that way. Soo now it goes like this get 500 and pay back 2000 I haven't missed a payment and they withdraw more that whats on the schedule... my advice is never get money from this place EVER. They are liars and theives. I wish I would've known what I would have to pay back before I agreed.

Won't use since reading reviews here, and reading their privacy policy. All these people's troubles with the service could have been avoided (or anticipated) if they just READ THE PRIVACY POLICY, which they agreed to by filling out the application. It says in there in PLAIN ENGLISH what they will do with your personal and financial info; give it to other people so they can market stuff to you by mail, email, phone, cell phone and text message. This is what happens when people think the Privacy Policy is too long or inconvenient to read. Sites like this use that to their advantage. Also, this site does not lend money or arrange for loans. They just SELL YOUR INFO TO SOMEONE ELSE, just like it says on the front page.

Got a payday loan through one of their "providers" (since it says on it's web page that they refer you to their lender network). Since then, they have illegally given my banking info to at least two different companies that have taken money from me (not the payday loan payments but different companies). One I was able to get credited back. The other, for almost $160, I cannot get ahold of a real person to get my money back. I have emailed Money Mutual but they refuse to respond. I guess that I have to close out my bank account that I have had for years. WTF! Thanks Montel for screwing up my finances. I was fine paying off the loan, but this other sh*t is bullsh*t.

I saw the same commerical and have had payday loans before and was thinking of applying to money mutual but am thankful I read the reviews because like every other hard working American I don't have any money to waste or throw away and after the reviews I defintley will not be applying for a loan from them

I am sooooo grateful for this site, I to almost got suckered in. Of course when in need of cash but, Instead of trying it this way I will trust God! Of course Montel makes it seem trust worthy. But He got an endorsement check to do so. And I'm sure he never actually was in need of getting a Money Mutal loan from any of the 60 lenders at an extremely high interest rate.

Tried to get loan they tell u no credit needed. Yeah right. We had one company, Money Key tell us we dont make enough deposits to qualify. I didnt give them permision to get that info from my bank. Of coursr we dont make enough deposits thats why we need a loan Duh. Its all a scam to get ur personal Info. Dont do it

I have no problem with money mutual my problem is with one of the company's they use. I have worked with money mutual for 2 years now, requested a loan from one that I used before and they no longer loaned in my state. So I let the site pick for me and got a loan with Castle PayDay loans. IF YOU SEE THIS ONE DON'T DO IT! I borrowed $600 in August of 2012 and have paid $2047. 50 and I still owe them $325.00. The finance charge on $600 was $210 with nothing going toward principle. TALKING ABOUT RIP OFF!