MoneyLion Plus aims to get users to a $2,000 savings goal in two years through a guided saving plans, simple investing, and access to low-cost loans. Here's the idea: bring the same methods that the big sharks use to build wealth, to everyone. When an unexpected expense arises, MoneyLion Plus users, even those with low credit-scores, can access a low-interest loan (5.99% APR) to cover the expense and keep their savings progress on track, using their investment account to collateralize the loan. Users also have access to the MoneyLion tools, including ways to monitor credit, track spending, and earn rewards. MoneyLion Plus costs $29 a month, but it comes with a dollar-a-day, cash-back bonus for logging into the app. "If they check in once a day, they'll offset their monthly fee," says Hong.

http://money.cnn.com/2017/12/01/pf/savings-crisis/