National Money Review | Loans Like National Money | Credit Raters us-lenders
Last updated: 27th Feb 2020

National Money Review

National Money is an online lending platform that connects borrowers with ideal lenders. With a reputation of over 14 years, National Money aims at transforming how borrowers access credit facilities. With this platform, you no longer have to go round aimlessly shopping for reliable financial solutions. 

All you have to do is to submit an online application and wait to be connected with the most suitable lender. Whatever financial needs you are looking to solve, you can qualify for loans amount from as little as $200 to $30,000. You can use the funds for medical bills, education expenses, home improvements, vacation, car repairs, and whatever you desire. 

To find out if National Money is the right place to look for your lender, here is an in-depth review of its features, costs, and requirements. 


The lenders on this platform offer loans from $200 to $30,000. However, it’s guaranteed that you’ll qualify for the maximum limit, especially if you are a 1st-time borrower. 

As well, the APRs that you’ll be charged will be based on factors such as the loan amount, repayment term, payment timing, credit score, state laws, and much more. However, the lender is obligated to show you all rates and repayment terms before you can sign the loan agreement. That’s why it’s important to read the loan agreement well before proceeding to close the deal. 

Here is an estimate of the costs and repayment terms that you’ll likely to be offered;

  • Minimum loan amount – $200
  • Maximum Loan amount – $30,000
  • Credit Score – all are accepted 
  • APRs – 4.83% to 35.99%
  • 3 months to 180 months 

Here is an example. If you borrow a $5,000 loan and choose a 36 monthly installment plan with a 10% APR, you will pay monthly installments of $161.34. The total amount payable will be $5,808.24. The total interest rate charged will be $808. 24.

Key Features 

National Money is not a direct lender; neither is it a loan broker. All it does is to match you with the right lender. The platform is easy to use. Once you apply for a loan through the website, your information is shared with the lending partners. 

However, there is no guarantee that you will be matched with a lender. As well, the rates and repayment terms offered will vary from one lender to the other. As well, the loan funding times may vary. However, most lenders will fund your loan within the next business day. 

Although National Money will share your information its partnered lenders, your information is protected against any potential online risks such as hacking. The platform uses 256 Bit SSL technology to safeguard all your information. As well, all the applications are encrypted to make sure that all the data is transmitted in a secure format that is unreadable. 

Due to state limitations, this service is not available in all 50 states. Therefore, you can always check to see if your state is eligible. 

Other upsides and downsides of using this service include;


  • Quick funding 
  • A wide pool of lenders 
  • Safe and secure applications process 
  • No credit score limits – varies by lender 
  • High loan amounts – $30,000
  • Competitive rates 
  • Favorable repayment terms – up to 15 year


  • Not available in all states 
  • Not a direct lender 


How do I repay my loan? 

National Money doesn’t service any loan. All it does it is to match you with a suitable lender. Therefore, the repayments you’ll make are based on the lender that you’ll ultimately borrow from. 

The lenders will specify to you all the rates and other repayment terms in the loan agreement that you’ll be offered. That’s why it is essential to review the loan agreement before signing. If you need any clarification, you can always request the lender to expound. 

What factors determine whether my loan will be approved? 

First, to be approved for a loan, you must meet the National Money minimum requirements. As well, factors such as your credit profile, state of residence, financial situation, credit score, monthly income, and lenders policies among others. If you don’t qualify for a loan here, you can still explore other options out there. 

Does National Money perform credit checks? 

National Money won’t perform any credit checks on your credit. However, if you are matched with a lender and you wish to proceed with the loan application, the participating lender may perform a credit check to evaluate your creditworthiness. 

Eligibility Criteria

You must fulfill the following criteria to be matched with a lender through National Money:

  • Be 18 years or older 
  • Have an active bank account 
  • Have a regular source of income 

The lender that you’ll be connected with may have additional requirements. 

State Availability

If you live in the following states, you can apply for a loan through this service provider;

  • Arizona 
  • Alabama 
  • Delaware 
  • California 
  • Georgia 
  • Florida 
  • Indiana 
  • Illinois 
  • Louisiana 
  • Kansas 
  • Mississippi 
  • Michigan 
  • Missouri 
  • New York 
  • Nevada 
  • Rhode Island 
  • South Caroline
  • Texas 
  • Tennessee 
  • Utah 
  • Virginia 
  • Wisconsin 
  • West Virginia 

Customer Support

The National Money customer service team is dedicated to providing you with prompt and efficient services. If you need assistance with any of their services, you can contact them directly. 

However, questions related to your loans should be directed to your specific lender. 

Application Process

To apply for a loan via National Money, follow this process;

Step 1 – Visit the National Money website application page 

Step 2 – Fill in the desired loan amount and click Get Started 

Step 3 – Fill in all the required information including;

  • Name 
  • Date of birth 
  • Social Security Number 
  • Your ZIP code 
  • Monthly income 
  • Employment information 
  • Residential state
  • Bank account information 

After filling in all the information, read and agree to the disclosures. You may also be requested to provide proof of your identity and financial status. 


If you have any unexpected events that have caught you off guard financially, a personal loan could be the solution. Through National Money, you have access to a vast pool of lenders ready to help you achieve your financial goals.