Is Money Mutual a lender?
Asked 6 months ago
No, Money Mutual is not a lender. Rather, Money Mutual is a platform that connects borrowers with a network of lenders. They provide a quick and easy way for individuals seeking short-term loans to connect with potential lenders. As a borrower, you can complete a simple online form on their website which is then securely shared with their network of lenders. Lenders who are interested in your loan request can then contact you directly to discuss the terms and conditions of the loan. Money Mutual acts as a facilitator in this process, helping borrowers find potential lenders, but they are not involved in the lending process itself.
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