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Transparent pricing: All loans capped at 35.99% max APR (all-inclusive) · minimum 61-day term · no balloon payments, no hidden fees.
Money Loan Capital
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How it works

From application to funding in as little as one business day.

Money Loan Capital is a direct online lender, which means there are no brokers, no lead-sellers, and no middlemen. Every step below happens on mlc-advance.com, with us, and no one else.

  1. 1 ~2 minutes

    Pre-qualify with a soft credit check

    Enter your basic info — name, address, date of birth, income, and employment. We run a soft credit inquiry that does not affect your credit score. You see your real rate and loan options before anyone touches your file.

    A soft inquiry is visible to you but not to other lenders. It is not scored by FICO or VantageScore.

  2. 2 ~1 minute

    Pick your amount and term

    Choose a loan between $250 and $5,000, with a repayment term between 61 and 365 days. You'll see the exact monthly payment, the total of payments, the finance charge, and the APR for every combination — before you commit.

    Every option you see is a fixed-rate, fixed-payment installment loan. There are no teaser rates, no variable APRs, and no balloon payments.

  3. 3 ~3 minutes

    Verify your identity and bank

    We confirm your identity through a secure third-party provider and link your checking account via Plaid (or via manual account verification if you prefer). This protects you and us from fraud — it is not a credit check.

    Bank credentials are never stored on our servers. We receive a read-only token that we use solely to verify the account and set up ACH.

  4. 4 ~2 minutes

    Review and e-sign your agreement

    You receive the full loan agreement, the federal Truth in Lending Act disclosure box (APR, finance charge, amount financed, total of payments), the payment schedule, and the state-specific disclosures. Nothing is signed until you click "I agree."

    This is when we run a hard credit inquiry, which may impact your credit score by a few points temporarily. You still have the right to cancel within the rescission period required by your state.

  5. 5 1 business day

    Receive funds

    Once signed, your funds are deposited into your linked checking account, typically by the next business day via ACH. Same-day deposit is available in some states for an additional, clearly disclosed fee (subject to the overall APR cap).

    ACH timing depends on your bank. We initiate the transfer immediately after signing; most banks post within one business day.

  6. 6 61–365 days

    Repay on a fixed schedule

    Payments are automatically debited from your linked checking account on the scheduled due dates. You can pay extra, pay off the full balance early with no penalty, or request a one-time due-date change through your online account.

    If a payment is going to be late, call or email us — we will work with you. We offer hardship plans and payment deferrals before ever reporting a delinquency.

Eligibility

Who can apply?

We check a small number of straightforward requirements. You do not need a high credit score to qualify — we look at your full financial picture, not a single three-digit number.

Loan availability is determined by your state of residence. See our Licenses & Disclosures page for the current list of states where Money Loan Capital operates.

  • U.S. citizen or permanent resident

    18 years or older (19 in Alabama, 21 in Mississippi and Puerto Rico).

  • Verifiable income

    Regular income from employment, self-employment, Social Security, disability, retirement, or similar sources.

  • Active checking account

    A U.S. personal checking account in your name for funding and repayment.

  • Valid contact info

    A working email address and phone number we can reach you at.

  • Not an active service member

    Per the Military Lending Act, we do not currently offer loans to active-duty service members or their dependents.

What you will see on your loan agreement

Before you sign, we show you every number required by the Truth in Lending Act in the federal disclosure box, exactly as regulators require. Nothing is hidden in a footnote.

Annual Percentage Rate
The cost of credit as a yearly rate — inclusive of all fees. Capped at 35.99%.
Finance charge
The dollar amount the loan will cost you.
Amount financed
The amount of credit provided to you.
Total of payments
What you will have paid once all payments are made as scheduled.
Payment schedule
Exact due dates and payment amounts for the full 61–365 day term.

Ready to borrow the right way?

Get a decision in minutes. Loans from $250 to $5,000, terms 61–365 days, APR capped at 35.99%.

Check my rate See rates & terms

Checking your rate won't affect your credit score. No prepayment penalties.