# How do I qualify for Credit Builder Plus Loan? > Applying for the Credit Builder Plus membership is quick and easy in the MoneyLion app. To apply, you must: Be at least 18 years old Be a US citize... Source: https://help.moneylion.com/en_us/how-do-i-qualify-for-credit-builder-loan-BkLx3z0ft Last updated: 2026-06-11T21:05:08.245Z Applying for the Credit Builder Plus Loan is quick and easy in the MoneyLion app. To apply, you must: * Be at least 18 years old * Be a US citizen or permanent resident of the US * Have a Social Security number * Have a checking or spending account When you apply, we'll conduct a soft credit pull that will not affect your credit score. You don’t need good credit to be eligible. You can even apply if you don’t have any credit history at all. Once you link your primary checking or spending account, we’ll securely scan your finances to see if you qualify. The account you link must meet, at a minimum, the following criteria: * A checking or spending account in good standing (determined at MoneyLion’s discretion) with a detectable income stream (i.e., it’s where you deposit your recurring paychecks or other income). Savings and money market accounts will not qualify.  * The account has been open for at least 60 days. * The account demonstrates an acceptable balance and active transaction history (determined at MoneyLion’s discretion).  We must also be able to verify your identity and account ownership. * Enter your info as it appears on your bank account. We’ll check the info you enter against the details we receive from your linked bank to make sure they match. * Make sure your info matches your public records. Please double-check details such as your legal name, address, date of birth, and your Social Security Number. We are required to verify these details. If you’re having trouble getting approved for a Credit Builder Plus Loan, there are a couple things you can do to help improve your chances. You can try again when the account has been open for longer and/or had more consistent deposits and positive balance, or try again with a more established checking/spending account. The Credit Builder Plus Loan is available in most US states:  * Alabama * Alaska * Arizona * Arkansas * California * Connecticut * Delaware * District of Columbia * Florida * Georgia * Hawaii * Idaho * Illinois * Kansas * Kentucky * Louisiana * Maine * Massachusetts * Michigan * Minnesota * Missouri * New Hampshire * New Jersey * New Mexico * New York * North Carolina * North Dakota * Ohio * Oklahoma * Oregon * Pennsylvania * Rhode Island * South Carolina * South Dakota * Tennessee * Texas * Utah * Virginia * Washington * West Virginia * Wisconsin * Wyoming * * * Credit Builder Plus membership ($19.99/mo) unlocks eligibility for Credit Builder Plus Loans and other exclusive services. Credit Builder Plus Loans have an annual percentage rate (APR) ranging from 5.99% APR to 29.99% APR, are offered by affiliates of MoneyLion and subject to approval. The Credit Builder PlusLoan may require a portion of the loan proceeds to be deposited into a Credit Reserve Account maintained by ML Wealth LLC and held in non-marginable securities by DriveWealth LLC, member SIPC and FINRA. Not available in all states. Credit Reserve Accounts Are Not FDIC Insured • No Bank Guarantee • Investments May Lose Value. For important information and disclaimers relating to the MoneyLion Credit Reserve Account, see Investment Account FAQs and ML Wealth LLC’s FORM ADV. Please also refer to your Loan Agreement. Credit score improvement is not guaranteed. Credit scores are independently determined by credit bureaus, and on-time payment history is only one of many factors that such bureaus consider. Your credit score may be negatively impacted by other financial decisions you make, or by activities or services you engage in with other financial services organizations.