MoneyMutual review: Scam 114

I went to apply for a loan today! after they referred me to another site i began to get worried about what i was doing. So i googled the Site that it sent me to and there was no info that popped up! My first thought was, if this was a legit company, they would have reviews of some sort! Luckily i did some more research about Money Mutual itself. Needless to say i am so glad that they have no information besides my name!

I appreiate the posts. It helped me from making a bad mistake. I was really considering get this payday loan.
I think if I made this mistake I would of been warning people too. Montell will reap what he sows. I stopped
watching his talk show years ago. I knew he was fake from his show. Thank you too all who posted warnings!

sooooo I see the commercial. Thinking, "Montel Williams", this cant be that bad right? WRONG! I borrowed $450 from them and they took $135 from my account on payday. I thought that was a decent amount for the initial deduction and it was towards the overall balance. ($585 from borrowing $450) ###! I went online to see if they calculated my new balance to see it was STILL $585! I called to see what the problem was and they told me it wasnt towards ANY of the balance owed but its a "SERVICE CHARGE". They also said that it would happen a total of FOUR times BEFORE I begin to pay off the $450 I borrowed, Or I can pay it off ($585) in full before then. But if not...again, $135 would come out 3 more times AND THEN i could start paying it off. So for borrowing $450, if I dont pay them of before the 4 times i would be paying them interest/ service charges of $135*4= $540 dollars extra.

Thank goodness I read these complaints before I entered my info. OMG talk about a life saver. I totally dont need screwed over anymore than I already have been by money hungry bast*rds. Thank you all for listing these complaints.

I keep getting mail in the mail from money mutal saying that i am approved for 500 dollars so when i did the app they said i didnt qualify these people is just scamming people to get all off their info ole stupid pathetic ### ###.

I had a time with them too. I had to report them to the www.ic3.gov. webswite. That's the website to make complaints on scams, even turned them into the FTC. to. Beware of someone named Thomas Wayne, James Smith and Peter Emanual working for the Pinear Department of law and the Davis Law firm. Same person same law firm and it's a scam. I've reported them to both the FTC and the ic3.gov. website. They will stilll call but hang up before leaving tghe message. The reason I know it's them doing it, is because they would call tow or three times a day, hang up then the next day leave a message. Montel Williams stupid ### should have checked into this money mutual before endorsing money mutual. But he's a pot head.

Montel Williams also endorses a psychic, what can one expect. If you are into the occult you will endorse anything.

I would like to tell Montel Williams Thank you for sending me to a company that rips off people in their weakest moment and not knowing about hidden fees and how they deduct from my bank account four times and the principal never getting paid until the fifth payment and only $50 at a time. And it doesn't take a math wizard to add all that up and it turns out that its WAY more than what the loan was. I will seek legal advice to see what i can do about this. I don't think it is right to renew my loan with out my consent or signature and just be charging me fees without letting me know in writing or email. Never will I let myself get pulled by one of these companies again! I spoke highly of his company and I recommended it to people but I take it all back! No need to have more people getting ripped off!

Thank you
A VERY UNSATIFIED CONSUMER

I am not shocked at what he is doing. He gets a kick back and he has nothing going for him any longer. He is a mess and I loser. I knew this was a SCAM just like anything else if it sounds to good it is and they feed on the helpless who are so desprate that they apply for these things then turn then down or take 4 times the moey they were owed. If you think this one is bad look at the mess on Sky ones from the Indians they want 200% interest I work for a lawyer ans we are always checking out this sites hahaha
Merry CHristmas they just took all your money

I Filled a application out on Dec 31 2012 and it got me to a company called Star Cash Processing and it said i was approve for $250 i approve the loan but i didn't get the money my banking account steal had my $2 in it i didn't get money withdrew from my account because i got that account where if u have $200 in it u can take it out but if u dont u get nothing and it will say infunicent funds so they didn't get me. IM SOORY FOR ALL OF U THAT GOT SCAMED

money mutual AND montel williams is a joke. montel used to a man that people THOUGHT was a straight shooter. But both are more crooked than lombard street in SF. Montel should be ashamed of himself. How much are you being paid to promote thieves. f*** money mutual and f*** montel williams.

And now he has the audacity to infomercial for Lifelock Identity Protection.

Actually it is NOT a scam. I have done the loans, and I also READ THE FINE PRINT AND LOAN AGGREEMENTS BEFORE I agreed to the loans. they tell you the interest rate clear as day people. they tell you what will be taken out of your account weekly and yes it goes up the longer you don't pay your loan OFF. It also tells you that you must give them notice, 3 days, before your next due date to schedule if you want to pay your loan off, otherwise they jus continue to renew the loan over again which is a set fee but the interest rate goes up which is why more money continues to be taken out, because you haven't paid them back within your first due date which by the way includes only the loan fee, no interest no renewal fee. If you have a bad experience with them maybe ITS YOU! pay them back like it says in your loan terms or suffer paying high interest rates and renewal fees. DUH!

i have also done these loans, they have not done anything to my accounts that i did not expect, interest rates on PAYDAY loans are typically higher rates anyway. Alot of these companies r scams and montel is not endorsing the individual loan companies he endorses on money mutual which is actually just a agency that helps to locate a loan company for you. and i was also denied, i did not have direct deposit with my paychecks at that time. since i now do have it i have gotten 2 loans since and have not had any issues. Payday loans r exactly that a loan that you r given to get through to ur next check and its best to never utilize these loans, but myself as well as others desperately need them, so never borrow more than u can pay back at one time, in full

they keep sending me a letter that I am approved for 1000 I call the they said they cant help me its all montel falt I needed money but he is living it up piece of ### cant even help people out

I also was scammed and yes they do fill your email daily with approved loan people be careful...The scam with this company is they take allot of money out that doesn't go towards paying off the loan you borrowed so be careful when applying for a loan from them and pay it off all at once make sure you tell them its going to paying off your loan, cause there just take and take each time you get paid...

Thank you so much. I am sorry your misfortunes saved me from making an unaffordable mistake.

So thankful for this info. Saved me just wanted some breathing room. It appears as if money mutual would have suffocated me instead

I am so glad i came online and seen that this was a scam. I was about to call for a loan and that changed real quick. My sister got a loan and said she has had no problems. I'm going to make my sister read these post's. she said she got a loan for $200.00 and only has to pay $90.00 in interest however, I have a feeling it's gonna be more than that. Thank you so much for the info.

MONEY LOSE

Read the fine print, my friends. I did, but you have to be OVER HALF WAY done before it will give you this info, so I didn't give my real anything.
*THE OPERATOR OF THIS WEB SITE IS NOT A LENDER, does not broker loans to lenders and does not make short term cash loans or credit decisions. This Web Site does not constitute an offer or solicitation to lend. This site will submit the information you provide to a lender. Providing your information on this Web Site does not guarantee that you will be approved for a short term cash loan. The operator of this Web Site is not an agent, representative or broker of any lender and does not endorse or charge you for any service or product. Not all lenders can provide up to $1, 000. Cash transfer times may vary between lenders and may depend on your individual financial institution. In some circumstances faxing may be required. This service is not available in all states, and the states serviced by this Web Site may change from time to time and without notice. For details, questions or concerns regarding your short term cash loan, please contact your lender directly. Short term cash loans are meant to provide you with short term financing to solve immediate cash needs and should not be considered a long term solution. Residents of some states may not be eligible for a short term cash loan based upon lender requirements.

**Credit checks, consumer credit reports and other personal data may be obtained by some lenders from Experian, Equifax, Trans Union or through alternative providers.

© 2013 MoneyMutual.com. All rights reserved.

Money Mutual 8174 S. Las Vegas Blvd. Suite #109-432 Las Vegas, NV 89123 | [protected]

Lol The Web site is not a scam. Money Mutual is not the lender. Money Mutual is a out source website which mean the information you give they will out source you information to different lenders to see who can help you. Every lenders is have different policy to received the loan. " so if you seen the that pay back is high or the fee is to high for don't sign the documents or can cancel the loan lol. And if you read about the payday loans your state is making it harder to lend to customer because of the state law. So if you was not approve you should. He m with your state law to she why you was able to get a loan. And you will find out that your state will allow online lender to lend to you.

I also borrowed 400. ended up costing me around 1200.00 over the course of time. I was told I could pay over time and then all of a sudden they took it out all at once. Said they no longer offered that option in my area.

These are thieves in the dark.! I'm reporting one of these scams to my bank tomorrow.! MaxLend..beware.!

These are thieves in the dark.! I am reporting one tomorrow to my bank.! Maxlend..is a scam.!

I burrowed 400 I was in desperate need I lost my home and had no money I got approved but like everyone else after they charge you their fees it cost so much. It took me a year to pay it back but after I paid all they left me alone. So I'm in need again and they said you pay ed your loan now we will give you more. So I applied I know what your thinking and I must be real desperate but this time they said no I'm like what in the world. Well all of a sudden I'm getting money taken from my bank but nobody gave me a loan. I'm disputing it with my bank but they stole my money three times and I closed my account and the bank can't find the company. They are going by the name SAVING MAKES MONEY so watch out I'm not sure if that's where they got my info but money mutual had it and now other people have it. Please don't end up like me it's so sad we get taken when we are so desperate to make it in this economy. I take full blame for doing this but it doesn't make it right this crap shouldn't be allowed.

I do not understand the complaints.. I have used
this company several times for short term loans and paid them in the 2 allotted weeks and had no problems at all. I will say that if you get a loan and go over the 14 days allowed before repayment you will definitely get a big bill. This is mostly 2 week loans although I will be taking out a term loan soon. Be sure you read the fine print and terms before just jumping in feet first. Most first timers will only get $250 until they establish a record of paying on time. this is NOT A SCAM but it is also not for those who do not pay attention to detail and do not meet minimum salary requirements.

WOW. ITS TRUE ### BS. YOU THINK MONTEL GIVES A F ABOUT ANY OF YOU! ITS MORE MONEY FOR HIM!

I have actually used MM in the past at least 3 times I believe. Yes I agree that I specifically tried this company due to Montel Williams endorsement, however I am not blaming him for me going there. I actually received no surprised fees and when I say surprise I mean that I knew before hand how much everything would cost me. Before I agreed to accept the loans I read the loan document very carefully, specifically the part on repayment. I then called and spoke to someone on any details I was confused about. For these type of loans there are going to be High Interests for borrowing. I knew I had to call 3 days prior to payday to say whether I wanted to pay in full or not, that is critical. I knew this because I read it in the loan terms. Realize this, if you don't pay the loan in full on your next payday and call 3 days prior, you are extending the loan. To extend the loan there will be that same finance charge repeated or doubled. For me I never did this loan unless I could pay off on my next pay day because I knew I could pay double if I didn't. If anything you should not go more than 2 payday payments with payday loans because then it is not worth it and you will pay more for it. Read the fine print, ask questions before signing or accepting anything. I agree that they charge too high for loans but that is the business they are in and you have to be proactive in knowing fully what you are getting yourself into. They will not always offer up extra info. so you have to sometimes read yourself. When I was talking with a rep. she seemed surprised that I knew this info already and I made sure she broke it down for me, total cost and everything for me by the time I paid off loan. If she/he was unable to do this then I would have not considered it. I don't like to go into anything blind. Hope this helps with any future borrowers.

I got a loan for 500.00 and now they trying unto send me to court for 1300.00 well I'll tell u that money is better in my pockets than theirs and they will not get the money from me.

This site is s scam. If you're looking to pay the loan off with-in two weeks good luck! There is no way to pay the loan with in two weeks because the drop down box for making payments is greyed out and will not work! After they withdraw the first payment, which is only the extremely high interest rate, the payment drop down box works somehow works. If youre looking to pay back quickly with one payment look elsewhere because this site wont allow you to. $90.00 interest for a $300.00 loan. After they took out the $90.00 only then they allowed me to set up my payment options which included another $90.00 interest payment. Short & sweet I paid $180.00 on a $300.00 loan. SCAM!

I had an unanticipated expense occur and I did not want to go ask a friend or my mother to borrow money so I foolishly decided to get a payday loan. I went to the money mutual, and like fool without any research, and filled put their forms for them to send out to their lenders. I accepted a small offer the found for me. THE VERY NEXT DAY, my phone blows up with telemarketers and goes on for days. About three days later I get phone calls from people with foreign accents telling me my banking information and social security number. This is not at all a secure site, hackers get into these loan applications and steal your personal information. STAY AS FAR AWAY FROM THIS SITE. STAY AWAY FROM PAYDAY LOANS ALTOGETHER!

I HAVE A VERY URGENT FAMILY EMERGENCY AND NEEDED A CASH LOAN TO COVER SOME EXPESES I HAVE BEEN ON A ROLLER COSTER RIDE YOU WOULDENT BELEVE I KEEPET GETTING EMAILS SAYING WE HAVE YOUR MONEY OUR YOU HAVE BEEN APPROVED UP TO X AMOUNT OF DOLLERS THEN IM SENT TO 6 OTHER LOAN COMPANYS TO FILL OUT THERE FROMS OR APPS STILL NO LOAN ISIN THIS CONSUMER FRUDE?

I got a call from a Company saying that I took out a pay day loan 9 27 2010 for 288.00 and got funds deposited in account and did not pay it back. I did start this loan but I X out of the application before the electronic signature went through so never got one cent in money from them. Montel Williams was noted on this web site too and cannot see him being a part of this type of scam ever! She went on to say would be served a warranty possibly jail time as now with fees I owe 6003.00 this is ridiculous. She said my SSI or even my license would be taken away as I was a Habitual offender what the heck is going on here? I told her the circumstance and how I backed out of loan never got the loan she did not seem to care said she was filing this in Court in my State of MN. I remember them calling my work place saying to appear in court in California said that is not happening I do not even live there...then now years later they are still harassing me about this. I asked her where she was located she said Texas so they must have moved the scam there. She said they tried to contact me from 2011 to 2017 with no luck I never got a letter of any kind from this place ever! They knew my bank where I have my accounts knew my email address too and last 4 digits of my Social Security number. I currently have an open Disability case going on and will let my attorney know about this as someone actually tried to start another SSI claim under my name not me so probably is the same people involves in this scam. I told her no way why would I do that so that was the end of it but now am telling her about this scam and what I can do about it. I am going to inform the Attorney General here in MN about this and let them know about this scam see if she can nip it in the bud once and for all because I am livid about these people trying to get money for something I never got!