Cash advance apps: Discover yours options

If you need quick access to money, cash advance apps will help you with that. In a world where everything happens so fast, unexpected financial emergencies can arise at any time, leaving individuals searching for quick and convenient solutions.

ADVERTISEMENT

What is a cash advance app?

A cash advance app is a popular tool to help people who may need immediate access to funds to cover urgent expenses. 

These applications, readily available on smartphones, provide a hassle-free way to secure short-term loans without the bureaucracy associated with traditional banking institutions.

Cash advances apps have become more and more popular because of their user friendly process and for being a accessible and efficient alternative to traditional loans, especially to the ones that need a quick solution,

Cash advance apps typically offer small loan amounts, often ranging from a few dollars to a few hundred dollars, meant to cover immediate, short-term expenses.

Instead of traditional interest rates, some apps charge fees or request voluntary tips for their service.

ADVERTISEMENT

Another advantage is that many of these apps don’t perform the traditional credit checks, making the cash in advance more accessible.

3 cash advance Apps

Now let’s see some information about a few options of cash advance apps, we will bring you the amount you can loan from them, the speed without fee and the fee for fast funding if you want to.

1 – Brigit

In the Brigit app you can loan $20 to $250 dollars, they don’t ask you to tip but it charges a monthly subscription tax.

With Brigit you will receive the loan in 1 to 3 days and the fee to a fast funding goes from $0.99 to $3.99.

This app has other features, as well as bill pay reminders and free overdraft protection if needed.

2 – Earnin

Earnin is another popular option that can help you with up to $100 per day and goes up to $750 per period, but the disadvantage is that you, the user, can’t choose the repayment date, it’s inflexible.

But on the other hand you don’t need to have a minimum credit score or pay mandatory fees.

When using the app you will receive the money in one or two days with a fast funding fee that goes from $1.99 to $4.99.

Besides being one of the populars cash advance apps, Earnin has two more features, a low balance assistance and a tip yourself feature.

3 – Empower

With empower the user can loan $10 to $250 dollars, that will be in your account within a day, and if you want to pay a fast funding fee it will be only $1 to $8 dollars.

They also have other features like tools for budget and credit building tools, also they have a premium subscription that offers additional access to other features from the app.

When selecting a cash advance app, it’s crucial to take some factors into consideration, like the amount you’ll need, fees or interest rates to make a good decision.

Trends