Asking for a Boost is easy. Think of a Boost as an online high five… simple to give and get. All you need to do is ask a friend to Boost you by going to the Boosts tab on your MoneyLion dashboard.
When your friend joins MoneyLion and Boosts you, you’ll see a Boost credit added to your dashboard.
Get started by logging into your MoneyLion account and going to the Boosts page.
Customers can earn a loan rate discount by receiving Boosts from friends and family. Actual discount is determined by the non-discounted loan APR that customer initially qualifies for. For loans with an APR greater than 36%, customers will be eligible for the following discount schedule: 1 Boost = 5% discount up to a maximum of 50% for 10 Boosts. 20 or more Boosts = flat 36% APR. For loans with an APR less than or equal to 36% the following discount schedule applies: 5-9 Boosts = 2.5% discount, 10-14 Boosts = 5% discount, 15-19 Boosts = 7.5% discount, 20-24 Boosts = 10% discount, 25-29 Boosts = 12.5% discount, 30+ Boosts = 15% discount. You must also meet MoneyLion’s criteria for credit, including minimum income requirements, affordability requirements, and confirmation of identity. If you meet the criteria for this offer, the actual loan amount and annual percentage rate you receive will depend on a number of factors including your creditworthiness and your ability to repay as well as applicable law limitations.