Portfolio company MoneyLion is featured on Benziga as an online bank that can help improve consumers' credit scores. Not only are ML plus users able to get access to a 5.99% line of credit, but loans are deposited in seconds.
Online banks such as MoneyLion can actually help improve your credit score. MoneyLion allows every user with access to a low-interest 5.99% APR loan to keep their savings progress on track. This includes users with lower credit scores. These loans are accessible at anytime as a Plus member, without the need to reapply. Not only will this loan be deposited in seconds, but it has been proven by MoneyLion to raise members’ credit.