MoneyLion Credit Builder Plus
MoneyLion Credit Builder Plus includes a credit builder loan up to $1,000 with no hard credit check. Payments reported to all three major credit bureaus over a 12-month term.
Last checked on July 2, 2026. We may earn a commission when you click through.
MoneyLion Credit Builder Plus combines a credit builder loan with credit monitoring, rewards, and financial tools — a comprehensive credit improvement membership.
MoneyLion Credit Builder Plus
Updated 1 month ago| APR | Amount | Term |
|---|---|---|
| 5.99–29.99% | $500–$1,000 | 12–12 mo |
Requirements
—Decision
MinutesOur Verdict
MoneyLion Credit Builder Plus combines a credit builder loan with credit monitoring, rewards, and financial tools — a comprehensive credit improvement membership.
Best For
People looking for an all-in-one credit building solution with credit monitoring, rewards for on-time payments, and weekly score updates.
Watch Out
The membership requires a monthly fee ($19.99/month for WOW membership). However, you can earn up to $19.99/month in cashback rewards to offset the cost.
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About this loan
MoneyLion Credit Builder Plus includes a credit builder loan up to $1,000 with no hard credit check. Payments reported to all three major credit bureaus over a 12-month term.
What Customers Say
Users praise the credit score improvements and comprehensive tools. The membership fee is the most common concern.
Expert Analysis
MoneyLion Credit Builder Plus is more than just a loan — it's a comprehensive credit-building membership. The core offering is a credit builder loan of up to $1,000 with no hard credit check, repaid over 12 months. All payments are reported to TransUnion, Equifax, and Experian.
Members get weekly credit score updates, automated alerts for credit changes, personalized insights, and rewards for engaging in credit-building activities. The Lion's Share Loyalty Rewards Program lets you earn up to $19.99 in monthly cashback.
The membership costs $19.99/month, which is significant. However, the cashback rewards are designed to offset this cost, and the comprehensive credit monitoring tools add genuine value.
Compared to Self (purely a credit builder loan with no monitoring), MoneyLion offers more features but at a higher cost. If you just want a simple, low-cost credit builder loan, Self might be better. If you want the full suite — monitoring, alerts, insights, rewards, and a credit builder loan — MoneyLion is more feature-rich.
The 25+ point improvement within 60 days is impressive, though individual results vary based on starting credit profile.
Rates shown are representative. Your actual rate may differ based on your circumstances. We may earn a commission for referrals.
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