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Has anyone ever personally used Money Mutual.com the loan website endorsed by Montel Williams? If so, how much did u have to pay back, is it a scam and did they give it to you the next day? Thanks.

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Anonymous

Asked by Anonymous at 1:56 PM on Nov. 9, 2010 in Money & Work

Answers (3)
  • I have read about it online and from what I read I decided to use a payday loan but it scared me enough not to use it!! But as with anything you need to becareful of both that and Payday loans! Good Luck Sweetie!!
    Korysmom96

    Answer by Korysmom96 at 1:58 PM on Nov. 9, 2010

  • I WOULD NOT under any circumstances get a payday we have gotten so deep into those because of having to pay them every two weeks we then don't have that money to pay bills that need paying it's put us way behind thousands of dollars..they are stupid..the interest isn't what they say it's actually more most are 1,000% interest so be very careful if it were me I'd leave them places alone all together..it's made us way behind on car payments with no other way to pay them it makes it so soon you won't even be able to pay them..this montel thing is just that a payday loan there is no difference why do you think he says need cash to get you by till payday?? I'm finally after 4 yrs crawling slowly out from under them paying them off one by one..Trust me aska friend or family member first who won't charge interest and you can pay when you can and as much as you can can't do that with payday places GL
    chica679

    Answer by chica679 at 2:07 PM on Nov. 9, 2010

  • It wasn't specificaly money mutual but a similiar company my friend used. She borrowed $500 and the interest payment was about $60 for the loan, well when it was time for the company to debit the $560 they took almost $1,000 out instead! Unless you have no other option I wouldn't trust them
    Mom2Jack04

    Answer by Mom2Jack04 at 3:25 PM on Nov. 9, 2010

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