Highlights

• Always free to use
• Find 30+ personalized loan offers in seconds
• Receive funds as quickly as one business day
• Check rates with only a soft pull on credit scores

What is Monevo?

Founded in 2008, Monevo is an online broker that connects everyday people in the United States, United Kingdom, and Australia with a global network of over 150 lending companies. Customers can search for a personal loan for nearly any situation: debt consolidation, medical expenses, vacation, taxes, and more.

How to Use Monevo

Monevo customers can browse over 30 personalized loan offers in a matter of seconds, without it even affecting their credit score. Monevo’s proprietary technology uses what’s called a “soft credit pull,” meaning that the leading credit companies are not alerted when users shop on Monevo’s website.

Here’s how customers can access their personalized loan list:

1. Enter loan amount: Customers enter their desired loan amount, ranging anywhere from $500–$100,000.


2. Select loan purpose: Next, users decide which purpose the loan will fulfill, whether that be debt consolidation, medical expenses, or something else.


3. Select current credit score: Customers enter their estimated credit score.


4. Enter personal information: Lastly, customers enter some basic personal information, such as their name, zip code, and email.

After that, users see their personalized list of personal loan companies instantly. List in hand, customers can easily browse offers, compare rates, and contact a personal loan company with no commitment required.

Why Monevo?

Here’s why everyday people love to use Monevo:

• Number of lending partners: Monevo connects users to over 150 lending partners in a matter of seconds. Better yet, customers can search for more than debt consolidation loans, with companies offering personal loans for medical debts, tax debts, vacation plans, and more.


• Easy to compare: It only takes a minute or so for a customer to log onto Monevo, enter their basic financial and personal information, and start comparing hand-selected loan companies.


• No change to credit score: Customers can browse, compare, and even contact loan companies with no change to their credit score thanks to Monevo’s proprietary technology that uses “soft” credit pulling.


• Free to use: Monevo users never have to pay Monevo for using their site, ever.

Bottom Line

We highly recommend Monevo to everyday people looking for a debt consolidation loan. In addition to being free and easy to use, searching for personal loans with Monevo doesn’t affect a user’s credit score. For people who really like to do their homework before committing, Monevo is a safe and easy tool to compare 30+ loan companies at once.