Now, there is one other important feature of MoneyLion Plus. For those customers who need some urgent cash they are entitled to a $500 loan at a 5.99% interest rate payable over 12 months. This is typically provided within 24 hours of the application. One more innovation they have implemented here is that the brokerage account is used as collateral for this loan which is one of the reasons they can offer such a low interest rate. When you have your bank account linked MoneyLion will analyze your behavior and give you a heads up in advance if it looks like you are running a little short that month. This way they hope to eliminate the overdraft fees that can be crushing to financial health.

https://www.lendacademy.com/moneylion-plus-takes-an-innovative-approach-to-encourage-new-investors-to-save/