Apply for an installment loan today and receive from $200 to $2,600 by the next business day.
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MoneyKey services several states across the US and offers installment loans, payday loans and lines of credit depending on your state of residence. The application process is simple and, if approved, you can have the funds deposited into your account as early as the next business day.MoneyKey-arranged and MoneyKey installment loans are short-term credit products that are paid back over a set number of payments. Fees and interest rates vary by state. You do not need impeccable credit to be eligible to qualify but there are specific criteria that you must meet to be approved. When considering an installment loan, payday loan or line of credit with MoneyKey, it’s important to carefully review how the products work.
| Min Loan Amount | $200 |
|---|---|
| Max. Loan Amount | $1,000 (unless otherwise stated) |
| Loan Term | Varies by state |
| Turnaround Time | 1 business day* |
| Costs | Varies by state of residency |
| Requirements | You must be a permanent US resident or citizen, at least 18 years old, and have regular income. |
Pros
- Simple online application.
- Highly trained customer care representatives available by phone, email or online chat.
- Next business day funding.*
Cons
- MoneyKey-arranged and MoneyKey installment loans are only offered in Alabama, Delaware, Illinois, Mississippi, New Mexico, Ohio, Texas, and Utah.
- A resident of Alabama, Delaware, Illinois, Mississippi, New Mexico, Ohio, Texas, or Utah
- An American citizen or permanent resident
- At least 18 years old
- Have regular income
*The date and time the funds are made available to you by your bank is subject to your bank’s policies.
Are MoneyKey-arranged and MoneyKey installment loans available in your state?
MoneyKey-arranged and MoneyKey installment loans are available in Alabama, Delaware, Illinois, Mississippi, New Mexico, Ohio, Texas, and Utah only.
What are the benefits?
- Repayment Spread Out Over Multiple Payments. An Installment Loan with MoneyKey could be an affordable option if you have unexpected expenses. They are paid back in installments over a set number of payments.
- Simple Process. Applying for a loan with MoneyKey takes very little time. You will find out if you qualify within minutes of applying. If you are approved, you may have the funds deposited into your bank account in as soon as one business day.
- Check Progress Online. Viewing the status of your loan online is easy. Simply head to MoneyKey’s website and log in to see your online account summary. From here you can keep track of your past payments and upcoming due dates.
How much can I borrow?
MoneyKey offers or arranges installment loans across eight states. Here are the loan amounts that you can apply for in each state:- Alabama: $2,000 – $2,600
- Delaware: $200 – $1,000
- Illinois: $200 – $1,000
- Mississippi: $550 – $1,475
- New Mexico: $200 – $1,000
- Ohio: $200 – $1,500
- Texas: $200 – $1,000
- Utah: $200 – $1,000
What are the fees charged?
MoneyKey’s fees are compliant with all applicable federal and state regulations. Upon approval, you will receive a loan agreement which will clearly outline the terms of the product. Before you sign the agreement, make sure you understand the cost of your Installment Loan, your pre-payment options, and review your payment schedule. If you have any additional inquiries, do not hesitate to check MoneyKey’s Frequently Asked Questions page or reach out to their Customer Care Team.
Is borrowing credit from MoneyKey secure?
MoneyKey only offers Installment Loans, Payday Loans and Lines of Credit in states where they are licensed to do so. MoneyKey is subject to different rates and regulations in the various states it operates in and all products are designed to comply with applicable law. MoneyKey’s website has Secure Socket Layer (SSL) encryption and Verified Site Certificates to protect your personal information and keep your data secure.
How do MoneyKey-arranged and MoneyKey installment loans compare to other loans?
Am I eligible?
Getting an installment loan through or arranged by MoneyKey can be a more convenient way to get the money you need compared to other short-term loans.
To be eligible, you must:
- Be 18 years or older and a US citizen or permanent resident.
- Reside in Alabama, Delaware, Illinois, Mississippi, New Mexico, Ohio, Texas, or Utah.
- Have a valid bank account.
- Have a phone number and a valid email address.
- Be able to prove you have a steady source of income.
What information do I need to apply?
- Personal information. This includes your complete name, address, home phone number, and email address.
- Banking information. This includes your bank’s name, account type, account number, and routing number.
- Employment information. This includes the name of your employer, your monthly income, your last pay date and your next pay date.
I’m approved for a MoneyKey-arranged or MoneyKey installment loan. Now what?
- Use funds wisely. Once your Installment Loan is approved, spend it carefully and use only the money you need.
- Pay more when possible. There’s no penalty for paying off your loan early. This can help you to reduce interest and fees on your Installment Loan.
- Contact Customer Care. Contact the MoneyKey Customer Care team if you have questions or want to discuss your payment options.
Hello, I am interested in a small emergency loan to be repaid in 3 months or less. However, my credit is terrible. I would prefer to not have a hard inquiry if I don’t have a chance of getting approved. If I can verify steady income, current employment, and bank info, do I have a good chance of being approved?
Hi Charlie,
Thank you for your inquiry.
Your approval may vary depending on the lender. With “MoneyKey installment loans”, as they mentioned, you do not need an impeccable credit to be eligible to qualify but there are specific criteria that you must meet to be approved. On this page, please navigate to the section “Am I eligible?” to check the list of eligibility criteria.
I hope this information has helped.
Cheers,
Harold