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MoneyLion vs Empower Finance

MoneyLion is a costly credit builder loan with membership fees and high APRs. How does it compare to Empower Finance? Read our comparison chart below.

 

MoneyLion

Empower Finance

SPECIAL OFFER
Referral Program - $10 Bonus - Learn More

Read MoneyLion Review

SPECIAL OFFER
Download Empower App - Learn More

Read Empower Finance Review

 

Benefits and Features

Mobile App
Yes
 
 

CreditDonkey® Reviews

Credit Building ToolsStarStarStarHalf StarEmpty Star
Credit Bureaus ReportingStarStarStarStarStar
FeesStarStarEmpty StarEmpty StarEmpty StarStarStarEmpty StarEmpty StarEmpty Star
Mobile AppStarStarStarStarStar
Minimum DepositStarStarStarStarStar
APYStarStarEmpty StarEmpty StarEmpty Star
Pros & ConsPros:
  • Access your loan funds upfront
  • Reports to 3 credit bureaus
  • Free credit monitoring
Cons:
  • $19.99/month membership fees
  • Not available in all states
Pros:
  • No overdraft or insufficient funds fee
  • No minimum deposit
  • Cash advance features
Cons:
  • High monthly fee
  • Low APY
  • No mobile check or cash deposits
Bottom LineCostly credit builder loan with membership fees and high APRs... Read full reviewDigital banking and money management app with financial advice and budgeting... Read full review

Referral Program - $10 Bonus

Download Empower App

Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details.

Which is Better: MoneyLion or Empower Finance?

Still need help deciding which bank reviews & deals is better? Read the in-depth reviews below. You may also be interested in comparing MoneyLion or Chase.


Articles on MoneyLion

MoneyLion Credit Builder Review

MoneyLion's Credit Builder loans can improve your credit in 12 months. But is it worth the price? Read on.

Apps Like MoneyLion

MoneyLion is a good app that offers a $500 cash advance. Not quite enough for you? Here are other similar cash advance apps to look at.

Articles on Empower Finance

Empower Review

Find out how Empower, a new innovative banking platform, uses AI to help you better manage your finances and savings, and more

Which Do You Think is Best?





About CreditDonkey
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