Mooch Money
Lending Just Got Social
How much does Mooch Money cost?
Prices are current as of 11 Sept 2026.
Mooch Money has no in-app products on record in Australia.
10+ alternatives to Mooch Money
| Mooch Money |   MyPayNow |   Wagepay: Access up to 3,000 |   Ugo Money |   BetterCredit Jacaranda Finance |   Douugh |   Cash Converters My Loans |   MoneySpot |   Paylab |   Wizit |   Paytime: Earned Wage Access | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Rating / 5 | 4.0 | 4.9 | 4.8 | 4.3 | 4.7 | 3.6 | 2.7 | 3.1 | 2.4 | 2.7 | 3.8 |
| Reviews | 314 | 17K | 13K | 659 | 239 | 168 | 123 | 96 | 87 | 78 | 59 |
| Released | 2024 | 2020 | 2021 | 2021 | 2023 | 2022 | 2019 | 2023 | 2022 | 2023 | 2021 |
Mooch Money reviews
4.0 out of 5, based on 314 reviews.
What people like
- Easy to use and straightforward process.
- Good side income if you pick right.
- Helps people in need quickly.
- Transparent about where your money goes.
What they complain about
- Lenders often never get their money back.
- Company does almost nothing to collect debts.
- Customer support ignores you for weeks.
- Verification process is slow and confusing.
The App We Needed
A great platform and product that is incredibly user friendly and solves a pet dislike of most Australians… big banks.
Don’t risk your money
I have 4 loans I haven’t given out that have not been repaid and it has been up to 2 years on some of them. Mooch does nothing to help or update other than a simple “it has been passed on to debt collectors” I currently have $800 I am owed from this app from 2 years ago.
All Investors go away
I’m investors with app more than 2 years. And I approve loan 29 request. You can got money back only small request just the beginning. After you think it’s work. “It doesn’t work. I will got only collection and never got money back some time it will show complete in process but you still never money back again. I’ve given up on it. All inversion go away don’t come.
Hit and Miss
Enjoying the app however, I wish there was a way to contact the people yourself who missed a payment or now into collections to negotiate a plan to reduced the fee so they are able to pay.
Amazing.
I’ve got so much appreciation for those who have lent to me. I’ve been through a lot and they are life savers! The app is just amazing. Thank you all
Fails to Pass Money back to Investors
I missed loan payments, as mooch decided to debit the day before my pay day multiple times, despite there amazing tech lol I made payments to my Mooch Wallet,contacted them multiple times to pass this onto the investor, and it’s been sitting there for near 12months. Because they referred it to Indebted who want also an additional $150 which I refuse to pay. Mooch advised I should pay indebted and they’ll than refund the money back to me. Why punish the investor? Why hold the funds for near 12months? Absolutely pathetic platform that had so much potential
A great idea but could be executed better.
I’m no so confused with what’s happening here. Do you have plenary of customers? Cause it doesn’t feel like it. But you could easily. I choose to believe this is all above board, and there are some simple things that would. Both moochers and lenders need to feel a bit more support. - remove the option to block new users until they obtain loan history! This makes no sense.Instead, promote new users to lenders with reduced fees, higher interest received. . - your site says a lender will reach out before you know it. I’ve been checking the app for 18 hours now and although the loan tracker has increased by $ 2,500. The. Numbers only moved when checking the app on two occasions. Are there not enough available lenders or are they all new moochers that lenders don’t want to have a bar of. Or has the lack of support scared lenders off. - lenders should be sharing in all fees collected Ted door dishonour etc. dishonour fees should all he put to the back during the loan. To be waived if loan is completed by original due date, a collections fee should also be added. This your all promotes pay on time actions. The There should be much more transparency for buyers to manage expectations with Information how many registered.lenders, how many lenders online, information on how. to boost lenders to complete your loan. How yes. I’ve tried looming in my home That’s enough to address for now.
Great in theory.. not great in real time
Want online this app and just can’t. Tested the waters with a small mooch loan which was funded quickly and was great. Paid back early. But… like in most reviews second time around no offers at all coming through. Great theory and love the idea but just not perfect. Hopefully things change soon .
Easy! Simple!
The app is easy to follow and everything is transparent. I know where my money is going, how Mooch manage the money while I wait for the returns. And I enjoy lending to assist however I can without having to worry about doing anything.
Horrible company
They’re money hungry. They do not care if you’re a DV victim, they just want money. Greedy, in compassionate and selfish!
Great app, bad collections
The app works great, looks great and has good features. We all know people will borrow money on this app and play the game, so the collections need to be robust. They are however, limp. No effort goes into the collections other than “email sent” and “text message sent.” My advice? If you are looking to borrow, play the game. Easy way to get free money. If you are looking to lend? Keep it small and don’t get your hopes up.
Referral program is a scam
Downloaded the ap waiting for my brother’s referral code only to be told that I downloaded the ap a couple of hours before I clicked on his link so we both missed out on the referral. Although I sent through screen shot through showing he referred me. Any technicality to not give $$.
Borrow $297 and it’s expected to pay around $67 in fees plus transaction fee.
This equates to an Annual Percentage Rate 287 percent if it where based on interest. Shop around
Poor income verification.
Concept appealed to me to lend money. I earn over $140,000 per year but work 14 days on and 7 off. There system fails to detect this income as amounts vary from week to week. I forwarded a payslip to verify when they requested, however they still couldn’t verify?? Unless you get the same amount of money every week, don’t bother downloading.
Mooch Money
I have found Mooch to be quite good as far as P2P lending goes. No issues with the app itself and the process is pretty straightforward and fast. I can see heaps of potential for both investors and borrowers, will continue to use for sure.
Don’t use
I made a mistake thinking I will make profit.I regret it
Nice side hustle!
I’ve been exploring different ways to generate passive income to help fund my holiday trips each year. I’ve loved this platform and being an Investor because it allows me to help people while also being rewarded for it.
Not worth the risk
Out of the first 3 loans I invested into all verified profiles, I had 2 default on all payments totalling over $1000 including fees. There isn’t enough information to gauge if someone is a good fit the lack of any real credit checking or employment validation just makes it too high of a risk to invest in. I got a credit for the first loan $500 which I was forced to reinvest before I could withdraw the fact this meant I had to wait an additional month at a minimum now looking at 6 months due to one of the loans defaulted again after waiting over a month to get my money back to begin with is a joke especially when it’s automatic and there is no option to not take it. Do not invest in this app, it is not worth the risk. It’s touted as being a good thing but there is a reason people use the app over traditional lending their credit has to be very low and so it’s just a gamble, they don’t follow up with you or give updates about their collection efforts and they hide payments in collections within a few menus which just makes it feel like they don’t care and don’t do anything even an offer like hey take $200 we will take the $400 loss or any way to sell the debt to collectors as many would take it but since it’s bad debt I doubt this is even an option as there was no formal credit checks done.
Money maker
Made some good money from this app. Took me a bit to figure out what to look for in moochers but now I’m making good returns!
Investment losses unchased
Investing was working for me in the beginning but then I had a handful of bad borrowers and now I am down almost $1000. Once the loans are defaulted and sent to debt collectors Mooch does nothing to chase them up and just informs you it was a risk you took. This is one way to lose investors as there is zero accountability from the borrowers. It is quite possible these are people who’ve set up fake accounts too. This is money ill never see again and more needs to be done by Mooch to recuperate these losses
Great app!
Love this app👌🏻 Sure sometimes loans take a little longer but in the end I’m making more than I would in any other investment in a fraction of the time.
SCAM!!!
Please don’t lend money in this app.. The borrowers don’t often pay the money back and mooch can’t recover the money so you won’t ever get the money back.. The app makes no effort in compensating you for your losses either. Bad policy and bad business. Aaron (founder) should commit …
Solid app
I’ve been running loans for a few months now, decent money maker on the side. App has some risks but if you review loaners and select correctly for can make decent money!
Support
Can’t login to my account because it keeps saying error, It says i already have a ticket open so i went to that ticket and asked for help there and still no contact , it’s been 2 days i paid my loan back early so i could request for a higher amount and ever since then haven’t been able to access my account with no reply.
Unhelpful
Unsatisfactory as I had numerous issues from trying to set up a profile which took over 14 days to do and when I contacted the company I was advised they would fix this on my behalf it still took another week and I had to fix it myself even after it was confirmed it was done for me. The when actually using the service they set up the repayment to be the day before I got paid, tried to contact the company and still waiting after numerous emails to change this and had to pay late fees twice as they wouldn’t change the day of payment. I would not recommend this company as they do not contact you back but charge more fees to make it worthwhile to them. If I was able to give them zero stars I would. Highly unsatisfactory customer service and they have no idea what they are doing, highly unprofessional.
Mooch Money FAQ
- Is Mooch Money free?
- Yes. The app is free, in all 1 country it sells in, and it sells nothing inside it.
- Does Mooch Money have a free trial?
- No. None of its offers (AU) come with a free trial.
- What are the best alternatives to Mooch Money?
- MyPayNow (4.9 from 16,768 reviews), Wagepay: Access up to 3,000 (4.8 from 12,583 reviews) and Ugo Money (4.3 from 659 reviews).
Mooch Money download
Last updated 1 month ago.
Mooch Money sells in 1 country. It was released 2 years and 9 months ago, on 4 Jan 2024. It holds a 4.0 rating from 314 reviews.
Supports 1 language: English.
How much does Mooch Money make?
Third-party estimates for the last 30 days, worldwide — not the store's own figures, which Apple publishes for nobody.