Contents
- 1 How to cancel your MoneyLion Subscription on PayPal
- 2 Understanding Your MoneyLion Account
- 3 Cancelling Your MoneyLion Core Account
- 4 Cancelling Your MoneyLion Plus Account
- 5 Requesting Deletion Through MoneyLion Support
- 6 How to Cancel Your MoneyLion Account and Subscription
- 7 Cancelling Your MoneyLion Account on PayPal
- 8 What Happens When Your MoneyLion Account is Terminated?
- 9 Why Should You Delete the MoneyLion App?
- 10 Conclusion
- 11 References
How to cancel your MoneyLion Subscription on PayPal
If you have subscribed to MoneyLion and wish to cancel your subscription, you can easily do so through PayPal. Here is how you can cancel your MoneyLion account on PayPal:
- Login to your PayPal account by visiting www.paypal.com.
- Click on “Settings” » “Payments”.
- Next, click on “Manage Automatic Payments” in the Automatic Payments dashboard.
- You will find a list of merchants you have subscribed to, find “MoneyLion: Go-to Money App” or “MoneyLion” and click on it to cancel.
It is advisable to double-check if the subscription is successfully canceled to avoid any unexpected charges.
Are you struggling to cancel your Moneylion account? Check out this Youtube video that provides a step-by-step guide on how to cancel your membership.
Understanding Your MoneyLion Account
1. MoneyLion Account Types
If you are thinking of cancelling your MoneyLion account, it is important to first identify which type of account you have. There are two types of accounts available: the free MoneyLion Core account and the paid MoneyLion Plus account.
The MoneyLion Core account is free and open to everyone who signs up. This account provides several benefits, including free credit score monitoring, personal loans, and a zero-fee checking account.
The MoneyLion Plus account, on the other hand, requires a monthly subscription fee of $29. This account offers additional perks such as cashback rewards, 5.99% APR loans, and access to a managed investment account.
Knowing which account you have is essential as it determines the process of cancelling your account.
2. Why Cancel Your MoneyLion Account
There are several reasons why you might need to cancel your MoneyLion account. It could be due to financial constraints, a change in lifestyle, or personal preference.
For instance, you might decide to cancel your MoneyLion account due to the monthly subscription fees attached to the MoneyLion Plus account. Alternatively, you might choose to cancel your account because you no longer require the services offered by MoneyLion or you have found a better alternative.
The reason for cancelling your account is important to determine the correct method of cancelling.
Cancelling Your MoneyLion Core Account
1. Sign In To Your Account
To cancel your MoneyLion account, the first step is to sign in to your account on either their website or app using your username and password.
Once you have signed in, navigate to your profile settings. You can usually find this section on the top right corner of the website or app interface.
3. Select “Delete Account”
After accessing your profile settings, scroll down and select the “Delete Account” option. This will initiate the account cancellation process.
4. Confirm Account Deletion
Upon selecting the “Delete Account” option, a prompt will appear to confirm your account deletion. Be sure to carefully read and accept the terms before proceeding to click on “Permanently Delete Account”. This action will result in the complete erasure of all data associated with your MoneyLion account.
Cancelling Your MoneyLion Plus Account
If you no longer wish to use MoneyLion’s services, cancelling your account is a simple process that can be done in just a few steps.
1. Sign Into Your MoneyLion Account
The first step in cancelling your MoneyLion account is to sign in to your account through their website or app using your login credentials.
After signing in, locate the “Membership” settings, which can typically be found on the top right corner of the website or app.
Subheading: How to cancel your MoneyLion account via the app
If you are using the app, follow these additional steps:
1. Tap “Manage My Membership”
Under the Membership tab, locate and tap on the “Manage My Membership” button.
2. Tap “Cancel” Next to Your MoneyLion Plus Membership
Select your MoneyLion Plus membership and tap the cancel button to begin the cancellation process.
3. Confirm cancellation
Once you have selected to cancel your membership, a confirmation prompt will appear. Select “Yes, cancel my membership” to confirm and complete the cancellation process.
Requesting Deletion Through MoneyLion Support
1. Access MoneyLion Support
If you want to delete your MoneyLion account and you were not able to cancel it through the previous methods, the customer support team can assist you in the process. Access the MoneyLion website or app and navigate to the customer support section.
2. Fill Out the Email Form
Click on “Contact Us” and fill out the email form. Provide all necessary information for the support team to proceed with the cancellation. Ensure that you include the email address associated with your account.
How to Cancel Your MoneyLion Account and Subscription
If you have decided to cancel your MoneyLion subscription, here’s how:
- Log in to your MoneyLion account on the website.
- In the top left corner, click on your profile.
- Select ‘Membership’ and click on ‘Manage My Membership.’
- Once your loan payments have been settled, you can proceed to cancel your account.
- You’ll be asked for feedback as to why you wish to cancel, then confirm the cancellation.
Cancelling Your MoneyLion Account on PayPal
If you signed up for a MoneyLion subscription using PayPal, you can cancel it by following these steps:
- Login to your PayPal account.
- Click on ‘Settings’ and then ‘Payments.’
- Click on ‘Manage Automatic Payments.’
- You’ll see a list of merchants you’ve subscribed to – find “MoneyLion: Go-to Money App” or “MoneyLion” and click on it.
- Click on the ‘Cancel’ button to cancel your subscription.
What Happens When Your MoneyLion Account is Terminated?
If MoneyLion decides to terminate or suspend your account for any reason, you will lose access to the site and app services. Additionally, if you have any outstanding debts, you are still responsible for paying them off. If you believe your account was terminated or suspended unfairly, you can contact MoneyLion customer support.
Why Should You Delete the MoneyLion App?
If you have successfully cancelled your MoneyLion account, it’s important to delete the app to avoid any accidental charges. While it is a useful app for managing your finances, it’s better to be safe than sorry and remove the app completely.
Cancelling your MoneyLion account is a simple process that can be done in just a few steps. Remember to pay off any outstanding debts, provide feedback on why you are cancelling your account, and delete the app to ensure you are not charged again. If your account was terminated unfairly, contact customer support to express your concerns.
Conclusion
When it comes to cancelling your MoneyLion account, there are a few things to keep in mind. Always make sure you know the type of account you have and have a reason for cancelling. From there, choose the best method to cancel such as logging in to your account, deleting the app, or calling customer service. By following these steps, you can successfully cancel your account and avoid paying for a service you no longer need.
References
- How to Cancel MoneyLion Account [Step by Step Tutorial]
- Want to Cancel Your MoneyLion Account? Here’s How to Do It in 2021
If you want to cancel your MoneyLion Account, you can follow these simple steps:
- Log in to your website account.
- In the top left corner, click on your profile.
- Select ‘Membership.’
- Click on ‘Manage My Membership.’
- Once your loan payments have been settled, you can proceed with the cancelation process.
If you have any difficulty cancelling your MoneyLion account or if you want more detailed instructions, you can visit www.fintechnews.org and www.joincake.com for step-by-step guidance.