BMG Money

BMG Money

Loans for Employees & Retirees

146 ratings
45 reviews
Free

Details

  • Released
  • Updated
  • March 7, 2023
  • July 14, 2026
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About

Access personal loans designed for employees and retirees, with amounts from $500 to $10,000. Offers quick loan decisions and funding, even without a FICO score. Ideal for those seeking to improve their credit or needing funds quickly.

Loans from $500-$10,000
No FICO credit score required
Loan offers in minutes
Higher acceptance rate
Instant funding available
APR from 16.99%-35.99%
Referral program for extra cash
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What's New in BMG Money

3.2.16

July 14, 2026

Bug Fixes: General bug resolutions and optimizations.

User reviews

Best loan for people with not the best credit

Honestly in my opinion the best option to help people who are struggling with money issues. Quick deposits and great customer service like Claudia L. If you need help getting your life back on track give bmg a try you won’t be disappointed.

S Jones

Brandon was awesome. Reached out when needed to push application through. Always a pleasure with BMG.

Claudia L provide excellent support

Representative Claudia L has provided excellent customer service and resolved my issue in a fast and efficient manner.

HORRIBLE!

For one the costumer service is HORRIBLE they’re completely useless. You DONT get notified about anything no communication at all. The app nor website works… if I could give them negative stars I would.

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FAQ

What is BMG Money?

BMG Money provides personal loans for employees and retirees. It offers loan amounts ranging from $500 to $10,000 with terms from 6 to 48 months. The app is designed for new loans for existing customers and aims to help users improve their credit scores.

Do I need a good credit score to get a loan?

No, BMG Money does not use FICO credit scores when reviewing loan applications. This makes it accessible to individuals who may have a lower credit score or are looking to build their credit history.

How quickly can I get my loan funds?

Instant funding is available, meaning most borrowers receive their loan proceeds deposited into their bank accounts quickly. Loans can be repaid through various methods including allotment, direct deposit, debit card, or payroll deduction.

What are the eligibility requirements?

To be eligible, you generally need to be employed for at least one year, be over 18 years of age, not be active military, and not be in bankruptcy. You must also be employed by one of the employers that BMG Money partners with.

What is the APR for these loans?

The Annual Percentage Rate (APR) for loans offered by BMG Money ranges from 16.99% to 35.99%. A loan example shows a 17-month $2,000 loan with a finance charge of $500.06 and a 31.67% APR.