What is it?

You may not have perfect credit, but there are times you definitely need money fast. Up to now, predatory payday lenders were the only option. But now you can skip the enormous fees with a Money One Fresh Start Loan.

We’ve designed this program to provide much more affordable rates than payday lenders, while helping to repair your credit. Whether you need cash between paychecks or have an emergency, Money One is here to help.

What are the Benefits?

  • Avoid payday lenders, which add enormous fees on top of loan
  • Repair bad credit
  • Credit history does not affect decision-making
  • Credit report will not be pulled
  • $40 application fee is far less than payday lender fees
  • One $500 loan per 12-month period
  • Maximum of 3 Fresh Start Loans per member

What are the requirements?

  • Must be a Money One member for at least 3 months
  • Have a minimum of 3 months verified employment (non-seasonal)
  • Make contact with BALANCE Financial Fitness prior to receiving funds
  • Have never caused a financial loss to Money One
  • Proof of income required
  • Must keep loan at least 6 months prior to payoff to qualify for another Fresh Start Loan
  • Monthly payments are set up as automatic deposit or payroll deduction

A separate sub-savings account is required to open along with the loan. An automatic deposit from your payroll will be made into this savings account equal to the monthly payment on the Fresh Start Loan. This is designed to help you build a savings account for future needs while meeting your current needs.

Check out our current rates

Low-cost Debt Protection available


Have questions? Call us at 301-925-4600 (press option 2)
Monday – Friday 8:30am – 4:30pm or email us here.

Get in Touch

We look forward to speaking with you about a Fresh Start Loan!

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A fresh start loan payment based on $1,000 at 18.50% APR for 1 year will have a monthly payment of $91.92.

Call us (301) 925-4600

Monday-Friday 8:30am-4:30pm

or Contact Us online anytime