MoneyLion Credit Builder Plus Review 2026

Credit Builder Plus is a $19.99/month membership that includes a credit-builder loan of up to $1,000. Unlike Self (which holds all funds until the end of the term), MoneyLion releases portions of the loan proceeds to you throughout the term while reporting on-time payments to all three bureaus. The loan itself carries 0% APR — there is no interest charge. The cost is purely the $19.99 monthly membership fee, which also includes access to RoarMoney banking and fractional investing features. Verify current terms at moneylion.com.

Yes. The credit-builder loan within Credit Builder Plus carries no interest — 0% APR on the loan itself, as listed in the product metrics. Your monthly cost is the $19.99 membership fee, not loan interest. This makes the true cost easy to calculate: $19.99 × the number of months in your term. Compare that to competitor products that charge interest on top of a monthly fee to assess total cost.

Yes — on-time payments are reported to Equifax, Experian, and TransUnion, as stated in the product data. Reporting to all three bureaus is important because different creditors pull different bureaus. A credit-builder product that only reports to one or two bureaus will not show up on a pull from the unreported bureau. The ClearValue editorial note: reporting to all 3 is a standard creditor requirement, so confirm this feature is still active at moneylion.com before enrolling.

Credit Builder Plus is best for borrowers who want credit building bundled with banking and investing features in a single app. The $19.99/month cost is higher than Chime Credit Builder (no fee) or Self (lower monthly cost on some plans). If your only goal is credit-score improvement and you don't value the RoarMoney banking or fractional investing features, a lower-cost or free option is a better fit. If you want an all-in-one app for thin-credit rebuilding plus basic financial management, the fee may be justified. ClearValue Lending earns a referral fee if you apply through our link — see affiliation disclosure at the top of this page.