# MOHELA vs Rapid Rates

The clearest difference is update cadence: Rapid Rates at every 5 days against MOHELA's every 2 months. Rapid Rates also leads on rating (5.0 vs 4.6). MOHELA's advantage is ratings volume (47K vs 2) and iOS requirement (16.4 vs 26.4). On price, ads, in-app purchases and monetization model there is nothing between them.

Both are free to download. Neither carries in-app purchases, so what you see is what you pay.

Rapid Rates holds the better App Store score, 5.0 against 4.6. That said, the two scores are not equally well evidenced: MOHELA has 47K ratings behind it against 2, so its average is the more settled of the two.

MOHELA ships an update every 2 months, Rapid Rates every 5 days. The most recent releases landed on October 28, 2026 and October 13, 2026 respectively.

## The numbers

| Metric | MOHELA | Rapid Rates |
| --- | --- | --- |
| Price | Free | Free |
| Rating | [4.6 (47K ratings)](https://appshunter.io/ios/app/mohela/id1082597420/reviews) | **[5.0 (2 ratings)](https://appshunter.io/ios/app/rapid-rates/id6764425277/reviews)** |
| Number of ratings | **47K** | 2 |
| Positive reviews | 26.1% of reviews | — |
| In-app purchases | No | No |
| Ads | No | No |
| Update frequency | Every 2 months | **Every 5 days** |
| Monetization | Free | Free |
| Size | 52 MB | 11 MB |
| Requires iOS | **16.4** | 26.4 |
| Devices | iPhone, iPad | **iPhone, iPad, Apple Watch** |
| Age rating | 4+ | 4+ |
| Developer | [Missouri Higher Education Loan Authority](https://appshunter.io/developer/1082597419) | [Frank Marks](https://appshunter.io/developer/1886970923) |

## What reviewers say

### MOHELA

[App page](https://appshunter.io/ios/app/mohela/id1082597420)

Manage your student loans with ease. Schedule payments, view your loan history, upload important documents, and access tax information securely. Get support and repayment options for your student loans.

**Highlights:** Schedule and manage payments, View payment history, Upload forms securely, Access tax information, Secure account access, Messaging capabilities

**Features:** macOS Compatibility, Vision Pro support

**In-app purchases:** none

**What reviewers like**

- 🚀 Easy to use
- 🚀 Convenient payment options
- 🚀 User-friendly interface
- 🚀 Helpful customer service
- 🚀 Straightforward account management

**What reviewers complain about**

- 🐛 Login issues and password reset problems
- 🐛 Inconsistent app functionality
- 🐛 Lack of communication from the company
- 🐛 Difficulty making payments and managing loans
- 🐛 Poor customer service and long wait times

**Reported bugs**

- App crashes and freezes frequently
- Saved bank account information being deleted
- Face ID/biometric login not working consistently
- Confusing error messages and navigation

**Requested features**

- Ability to apply payments directly to principal
- Option to view payment history and loan details within the app
- Improved notification system to keep users informed
- Integration of website features into the mobile app


### Rapid Rates

[App page](https://appshunter.io/ios/app/rapid-rates/id6764425277)

This app offers quick currency and unit conversions with live exchange rates for travelers and shoppers. It features a built-in calculator, home screen widgets, and an Apple Watch companion app. Enjoy offline functionality and a privacy-focused design with no ads or tracking.

**Highlights:** Live currency exchange rates, Extensive unit conversion library, Built-in calculator, Home screen widgets, Apple Watch companion app, Offline conversion support

**Features:** macOS Compatibility, Apple Watch app, Vision Pro support

**In-app purchases:** none


## Frequently asked questions

### Is MOHELA free?

MOHELA is free to download, with no in-app purchases.

### Is Rapid Rates free?

Rapid Rates is free to download, with no in-app purchases.

### Which has better reviews, MOHELA or Rapid Rates?

Rapid Rates is rated higher. MOHELA averages 4.6 out of 5 from 47K ratings, while Rapid Rates averages 5.0 from 2 ratings.

### Do MOHELA or Rapid Rates have ads?

Neither MOHELA nor Rapid Rates shows ads.

### Which is updated more often, MOHELA or Rapid Rates?

MOHELA ships an update every 2 months, and Rapid Rates every 5 days. Most recently, MOHELA was updated on October 28, 2026 and Rapid Rates on October 13, 2026.

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*Compared by [AppsHunter](https://appshunter.io/) from daily US App Store data. Review summaries are generated from verbatim App Store reviews.*