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Moneyspot

Moneyspot

 Verified
Moneyspot
2.3

25 reviews

Positive vs Negative
30%70%
Loan TypeFixed Rate and Line of Credit
Transparency ?
2.5
Customer Service
2.4
Application Process
2.6
Timeliness ?
2.6
25 reviews
James
James
 

I think these guys are good. Just make sure you can afford the loan offer and you're all set. Easy to deal with and there seems to be someone working there 24/7. I missed a repayment and they were flexible and made the resh3duling fast and easy. Show details

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Nicholas F.
Nicholas F.
 

This company is a fraud, they stole money out of my account during the application process, I would NEVER EVER use this company, what a bunch of frauds!! THIEVES!! stole from a pensioner

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Tina P.
Tina P.QLD5 posts
 

I have had 3 money spot loans, first 2 were for $2000 third they offered me $500 I agreed. No problems communication was good money in the bank straight away. My repayments were before or on the day. I reapplied to help my daughter, it has been he!!, still waiting for an answer, took 24 hours to reply to email, if you ring them you get AI now it… Read more

is not a real person. It’s been 5 days, if I get it I will never be useing them again. I want to talk to a real person.

bmpsince1968
bmpsince1968WA6 posts
 

Keeps you hanging on just to deny the loan even tho you have an excellent credit rating. Scam

David S
David SVIC3 posts
 

Interest rate is ridiculous, loan period is short. Avoid unless you have no other option. Ran additional credit checks when they weren’t meant to, had to go through a process to get it removed. Terrible customer service, support notes aren’t logged so they never have any idea of what you’re talking about when contacting customer service. Loans… Read more

are paid quick, but you’re repaying a disgusting amount back to them for a bad experience and poor customer service.

Marc T.
Marc T.9 posts
 

I didn’t get approved for cash and go so they continued onto money spot and approved me. Dunno what happened there but I’m pretty happy with their service, quick funding Show details

Steve A.
Steve A.4 posts
 

My wife was offered to refinance her loan , she applied for that , they left her sitting 3 days before they declined the loan, why bother giving her a refinance when you are going to knock it back !!!!, disgusting , use someone else !!!! Show details

Waikare S.
Waikare S.3 posts
 

was in need of an emergency large loan, fast approval money was sent straight away. 5 stars from me Show details

Dee
Dee5 posts
 

WOW!!! I've already given Moneyspot a negative review but they leave me with zero choice but to put another one.... Continuing on from my previous review... Just when you think they can't get any worse they find a way!!! I've already said that they approved my loan and sent me my repayment schedule but never put any money in my bank... After I… Read more

emailed them politely asking for an explanation they didn't bother to reply to me, they instead blocked my account for 4 days, then unblocked it to show me my loan is now declined!!!

EVERYONE READING THIS DO YOURSELVES A HUGE FAVOUR AND STEER WELL CLEAR FROM THIS BULLY COMPANY WHO THINKS IT'S FUN TO JERK INNOCENT PEOPLE AROUND!!!

robjackson6066
robjackson6066WA7 posts
  Verified

Moneyspot Mitra – Moneyspot is a good service without any hassle. I have used this service over 8 times without any issues. Mitra has been absolutely wonderful and the most helpful finance officer ever. 100% recommended. Show details

Daniel H.
Daniel H.WA2 posts
 

Quick and easy cash loans – MoneySpot initially had a 3 day underwriting process, but it was in line with responsible lending. Paid off a $200 loan with them and another external SACC, applied for a $2,100 loan after clearing both prior and got approved within 30 minutes with funds paid via OSKO. Great job, will come again. Props to them also for not calculating the… Read more ·  1

service fee against both the establishment and principal which is against laws.

All around good, responsible lender.

Andy A.
Andy A.VIC2 posts
 

Worst company – Hassles me over money already paid and threatening bad credit score when I have proof it's been paid in full

Donald
DonaldWA
 

AVOID AT ALL COSTS, EVEN IF YOU GET A DECENT PAYMENT!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! – They fail almost all applications despite regular payment people and RETURNED CUSTOMER. I it gets worse everytime. AVOID AT ALL COSTS, EVEN IF YOU GET A DECENT PAYMENT!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

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Michael
Michael9 posts
 
Customer Service
Application Process
Timeliness

Better lenders out there – I have been using moneyspot for a while now and have always paid loans on and before time, I have recently paid out my loan to apply for another for urgent dental treatment only to be declined and received emails about bank statements, changes to wages direct debits, spending habits, the list goes on, I have recently moved a higher paid position… Read more

and earn twice as much weekly, apparently that means nothing and then they blocked account for 90days, this is how they treat good customers, absolute joke, so along with monthly fees every month which the amount changes as they please, there are many lenders out there who are much better, better customer service and will treat regular customers much better than this mob they are woeful, safe financial, beforepay, fundo, wagetap, mypaynow, all of these are options and better options, trust me stay away from MoneySpot they don't care about you, just the money they can make of your loans to pay staff who have initials with every letter in alphabet so you never know who your talking to, do yourself a favour and seek other lenders.

Maria B.
Maria B.8 posts
  Fair Incentive

Don’t bother to go with them – Don’t go with them terrible been so loyal but rejected with unacceptable reason They before if you have good history loan with them is ok but now they have changed their statement Terrible

Amy
AmyWA
 

Waste Of Time – Don't bother Applying for these loans. Waste of your time and credit score!

Thomas S.
Thomas S.4 posts
 
Transparency
Customer Service
Application Process
Timeliness

Not a scam but basically a scam – These guys try to take repayments out of your bank account on different days of the week resulting in overdrawn fees from your bank and extra fees added to your loan. You then get a kind offer of a discount if you pay the remainder of the loan in full, only to find it was not the remainder of the loan, with more repayments withdrawn from your… Read more

account the following weeks. If you try to call them you get an overseas call centre and a tonne of excuses.

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arionel81
arionel81
  Fair Incentive

To much hassle – I try to borrow 200$ with full time job it was declined without any explanation. Show details

Laila N.
Laila N.5 posts
 

Amazing service! Thank you so much! – Hi, just wanted to thank you for all your kind help with my loan application. Applying for a loan via your website is incredibly easy it literally took me under 5 minutes. Very impressed! The funds were in my account almost instantly and I applied after 10pm on a Thursday night, before a public holiday! Amazing service will definitely recommend you to all my family and friends. Thank you very kindly! You guys are fantastic

chipper
chipper24 posts
 

Not perfect but ok.. could be better – It's unfortunate that moneyspot doesn't offer lower than 1000 or even offer smaller amounts. If you goto the website it 9ffers 2000 and above. 1st time they offered me 2000 then they gave me another offer of 800. Unusual now they won't offer anything When I've been loyal to them and paid all my past loans.

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B white
B whiteQLD
 

Absolutely avoid. MONTHLY INTREST ONTOP OF AGREED AMOUNT – No communication at all except pay us. I'm trying to settle my 16 payments contract in which 13 payments are due but got an extra $312. AVOID THEYRE SCAMMERS. WALLET WIZARD BY FAR BETTER! Show details

peteronya2
peteronya2SA2 posts
  Fair Incentive

A BUNCH OF CROOKS – They keep on hassling to sign up they wont leave you alone then they want to much in return the fine print

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Troy
Troy
 

Great place – Never have had any problems with them, they are fast and delivered funds super fast aswel.

Anoano Lolohea
Anoano LoloheaQLD7 posts
 

Bad customer service – Very bad.No co-operation whatsoever.Couldnt even get bk to me.Emailed and still no satisfaction.No loan as no communication.No extra costs as no.loanNot satisfied at all no loan.Wont be applying through thm again

D.S.
D.S.14 posts
 

Avoid at all costs – This place has some of the worst customer service going around. When and if you ever get a response from them, it's as if they haven't even bothered to read your message or email, nothing is answered, it's just automated responses that have little to do with your enquiry. Just avoid this place at all costs.

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