This Moneyspot review will give you a quick overview of the company’s features. It offers an online platform for investors to apply for a loan that ranges from $200 to $2,000 over a ninety-day period. Moneyspot’s high degree of automation helps reduce the fund’s operational costs, and in turn, leads to better returns for the investors. Moneyspot only approves gainfully employed individuals and focuses on small loans with shorter repayment windows, leading to faster returns.
What You Need to Know
In this Moneyspot review, we’ll take a closer look at the online lending platform’s features and how it operates. You can borrow between $200 and $2000 for as long as 90 days without pledging collateral. All transactions take place online, so you don’t have to worry about mailing documents or visiting a branch. Moneyspot also makes the process simple, as all you need to apply is online banking information and a photo ID.