About Lender
Moneytree is a licensed Money Services Business (MSB) offering fast and easy loan options for those in need of quick cash. Their services get you access to funds fast and easy without the long waits and complicated process of traditional banking. Moneytree operates in multiple U.S. states including California, Colorado, Idaho, Nevada and Washington so you have broad coverage and access to many financial services. They are all about a simple and easy experience to meet your immediate financial needs fast and reliable.
As for loan offerings Moneytree has consumer loans to meet the needs of all its customers. These loans are available in select states including California, Colorado, Idaho, Nevada and Washington with products varying by market area to meet the state specific regulations and requirements. The types of loans offered are installment loans, payday loans and signature loans each for different financial situations and repayment capabilities. This way customers can find a loan that fits their immediate financial needs whether its unexpected expenses or short term cash flow issues.
The loan process with Moneytree is simple and easy to minimize the hassle of loan applications. Borrowers can apply online through a secure application process and upload required documents in seconds to complete the application. After submission Moneytree will do a fast and easy review. Once loan verification documents are received you can choose to have funds deposited to a debit card account, ACH bank deposit or pick up at a branch if available. This easy process and multiple funding options shows Moneytree’s commitment to get you financial help fast and easy subject to certain limitations and requirements to ensure responsible borrowing.
Key Features
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Multiple loan options. Depending on the state the company offers different financing options. Payday Loans and Installment Loans are available online or in-office and Title Loans, Signature Loans and Auto Equity Loans.
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Account aggregation. Moneytree allows you to link and view all your accounts in one place including bank accounts, credit cards and investment accounts.
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Expense tracking. With Moneytree you can track your expenses by category, set budgets and get notifications when you go over budget.
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Bill pay. You can pay bills within the app and get reminders when bills are due.
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Investment. Moneytree allows you to invest in stocks and funds from the app and get real-time market data and portfolio tracking.
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Financial planning. Moneytree provides personalized financial planning and analysis including recommendations for savings, investments and insurance.
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Security. Moneytree uses bank-level security and encryption to protect your financial information and transactions.
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Integration with other financial tools. Moneytree can integrate with other financial tools and services like accounting software and tax preparation software to manage your finances.
Pros and Cons
Pros
Fast and easy approval. 60 minutes is the average time it takes to get an answer to an online application.
Instant funding. Prepaid cards purchased in store or in person at a branch can be used to get funds instantly.
Easy access and approval. When you agree to register and sign in to account you can get personal offers from the company with access to application and other options.
Scam alert. Moneytree has an alert to let customers know that Moneytree’s name and company information is being used in a scam where people are getting threatening phone calls about overdue loan payments.
Cons
Limited availability. Moneytree’s services are only available in a few U.S. states (California, Colorado, Idaho, Nevada and Washington).
Interest rates and fees. Rates are not listed without selecting a state and going through the application process.
Loan types and amounts. Moneytree offers different types of loans including payday loans which are small, short term loans to cover expenses until the next payday.
Regulatory restrictions. Loan types and terms including maximum loan amounts and interest rates vary by state due to different regulatory environments.
Risk of debt cycle. Like many short term loan providers there’s a risk customers may get into a debt cycle if they can’t pay their loan on time and choose to rollover the loan and incur additional fees and interest.
Reliability
Bank grade security. Moneytree uses bank grade security and encryption to protect customer information and transactions. All data is encrypted in transit and at rest and Moneytree is audited by third party security firms regularly.
Reliability and uptime. Moneytree has redundant infrastructure with multiple data centers and real time data replication to ensure high availability.
Proactive monitoring. Moneytree has a team of engineers who actively monitor their systems and services to ensure uptime.
Customer support. Moneytree has a customer support team that can help with any technical issues or questions.
How to Apply for a Moneytree Loan?
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Visit website. Go to Moneytree’s website. Select your state from the list on the homepage to make sure you’re on the right site for your state’s loan products and services.
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Loans. Click on the “Loans” tab on the main menu or homepage to view the loan products.
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Choose a loan. Based on the loans available in your state (payday loans, installment loans, signature loans etc.) select the one that’s right for you. Search and click on the “Apply” button next to the loan type you want.
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Fill out application. Fill in the online application with all the required information. This will likely include personal info, income info and the amount you want to borrow.
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Upload documents. If the application requires you to upload documents (proof of income, ID etc.) upload the necessary files as directed on the website.
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Submit application. Review your application to make sure everything is correct and complete then submit.
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Wait for loan verification. Once you’ve submitted your application and documents wait for Moneytree to review and verify your info. This is supposed to be fast and easy.
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Get your funds. If approved choose how you want to receive your funds. Options may include instant funding to your debit card account, ACH bank deposit or pick up at a branch (where available). Note instant funding may not be available for all debit cards and is subject to limitations.
Conditions and Requirements
Conditions
Loan term. Up to 12 months to repay
APR. Up to 482.32%
Loan amount. Up to $5,000
Requirements
Residency. You must live in a state where Moneytree operates and offers loan products (California, Colorado, Idaho, Nevada or Washington).
Age requirement. Applicants must be at least 18 years old to apply for a loan.
ID. Government-issued ID to verify your identity and age.
Income. Pay stubs or bank statements to prove you have a steady income.
Bank. Checking account in your name to deposit the loan and withdraw repayment.
Contact. Valid contact information including email and phone number.
Credit check. For some loan types, Moneytree may perform a credit check to qualify you for the loan.
Ways to Receive the Money
At Moneytree you have several ways to get your cash. Options include instant funding to your debit card, ACH bank deposit or pick up in a branch (where available). Note that instant funding is not available for all debit cards and is subject to limitations. There may be restrictions that apply and processing times can vary. In most cases funds are transferred in 30-45 minutes but can take longer. Moneytree is not responsible for delays or errors caused by banks, processors or other 3rd parties.
Products
Payday loans. Payday loans are short term solutions to cover cash needs until your next payday. Easy to qualify for and fast access to funds, perfect for unexpected expenses or emergencies.
Installment loans. Installment loans offer more money than payday loans, with the convenience of paying over a set period of time in multiple payments. Suitable for those who need more funds and want a structured repayment schedule.
Title loans. Title loans allow you to use your vehicle title as collateral for a loan. The amount you can borrow is based on your vehicle’s value. For those who need more funds and are willing to secure the loan with their vehicle.
Auto equity loans. Auto equity loans are similar to title loans but based on the equity in your vehicle rather than the vehicle’s full value. You can get funds and still use your car.
Signature loans. Signature loans, also known as unsecured personal loans, don’t require collateral. Approval for this type of loan is based on your credit history and income. Signature loans offer flexibility in loan amounts and repayment terms, perfect for any financial need.
Other Personal Loans
Reasons for Loan Refusal
Reasons for loan refusal from Moneytree may include insufficient income or unstable employment history, which may affect your ability to repay the loan. Other reasons may be poor credit history, not meeting the minimum age or residency requirements or not providing the required documents or information for the loan application. Applicants must ensure they meet all the criteria and provide accurate and complete information during the application process to increase chances of approval. For specific reasons for a particular case, please contact Moneytree.
How to Repay a Moneytree Loan?
Repaying a loan from Moneytree is designed to be easy and convenient, according to your preference and the terms of your loan agreement. Typical ways to pay Moneytree loans may be automatic withdrawals from your bank account, direct deposit or in-branch payment. Repayment schedule and methods are outlined in the loan agreement including options for early repayment or what to do in case of late payment. Customers can set up an online account with Moneytree to manage their loan balance and make payments online, a flexible and easy way to manage and pay your repayments. For specific details on repayment options and to ensure a smooth repayment process, refer to your loan agreement or contact Moneytree.
Loans like Moneytree
OppLoans
OppLoans is a notable financial service provider that offers consumer loans varying from $500 to $4,000. They expedite the funding process to ensure that approved applicants receive the necessary funds promptly, which is advantageous for those dealing with immediate financial concerns. OppLoans offers adaptable repayment conditions, giving customers the choice between 9, 12, and 18-month loan terms. This adaptability allows borrowers to opt for a repayment plan that matches their financial ability, ensuring a seamless and manageable loan journey.
Rise Credit
RISE Credit is a reliable online lender that provides loans up to $5,000. They have a streamlined application procedure, allowing borrowers to have funds transferred to their accounts as early as the next business day. They present the flexibility of choosing a payment schedule that fits with the financial preferences of the customers, although some state-based restrictions might apply. A notable feature of RISE Credit is its 5-Day Risk-Free Guarantee, which permits borrowers to revoke their loan and return the principal with zero fees or interest within the given period. Additionally, RISE Credit grants customers complimentary access to their credit score and credit monitoring alerts through Credit Score Plus, offering valuable financial insight.
OneMain Financial
OneMain Financial stands as a distinguished and enduring lender, offering personal loans that range between $1,500 to $20,000. Boasting a century’s worth of experience in the financial sector, they have garnered the trust of a vast customer base. Their loan terms include fixed rates and fixed payments, offering a predictable and manageable repayment scenario to borrowers. OneMain Financial emphasizes personalized service, ensuring that the distinct needs of each customer are addressed. With a widespread network of approximately 1,400 branches, they provide easy access and convenience for individuals in search of financial aid.
Universal Credit
Universal Credit requires applicants to have a minimum credit score of 560, thus excluding those with no credit history. It is appealing for its credit-enhancement features, making it suitable for individuals with fair or poor credit looking to better their scores. Providing larger loan amounts than Oportun and next-day funding upon approval, it emerges as a solid choice for significant, urgent financial needs. Universal Credit extends its loan services across all 50 states and Washington, D.C., offering a wide geographical coverage.
Editorial Opinion
Important
How to Choose a Lender
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Make sure to confirm whether the lender is licensed to operate in your state. You can verify this information with your state regulator or attorney general.
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Check if the lender is a member of a reputable association, such as the Community Financial Services Association of America. Membership in such organizations may provide an extra level of reliability.
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Carefully review all the terms and conditions of your payday loan contract.
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Thoroughly examine the interest rates on payday loans and ensure that your contract includes a detailed breakdown of the total cost of the loan.
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Take advantage of your right of rescission. Usually, you can rescind the loan within three days after signing the agreement. Alternatively, there is typically a "cooling-off" period, which allows you several days to thoroughly review the contract before making an informed decision to enter into a consumer loan agreement based on the terms specified by the lender.
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Choosing a payday lender is a significant decision that demands careful consideration and a good understanding of how such organizations operate.
Additional Resources
- Full Moneytree Account Review
- How to Apply for a Moneytree Loan
- How to Repay a Moneytree Loan
- Moneytree Reviews
- All Moneytree Coupons and Promo for May 2025
- Moneytree Loans for May 2025
