MoneyLion Credit Builder Plus

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.