I had a MoneyLion investment account for approximately 6 months. During that time, my account was in good standing. I also had taken out a personal loan for five hundred dollars. My loan, also was in good standing, and I paid it off early. I contacted MoneyLion customer service to request that my money lion investment account be closed, due to the fact that I was robbed at gunpoint while I was leaving my bank's ATM machine. I was also badly assaulted. This happened while I was in a wheelchair, as I am wheelchair bound. My wallet was also taken with all my credit cards and personal information. I was told by the police to close all my accounts and to inform all my creditors that I was a victim of a crime. All of this was told to MoneyLion. They closed my account and transferred my investment funds to my money lion checking account. Within 2 weeks after closing my MoneyLion Plus account, MoneyLion reported my account as delinquent to all three credit reporting agencies, and my credit score dropped 76 points. This was done out of spite for me closing my account, as I was never delinquent. I called their customer service department numerous times and was given run arounds. Nobody I spoke to had any information as to why they reported me delinquent.
Bottom Line: No, I would not recommend this to a friend
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