In life, you will not always have enough money for every plan. Sometimes some problems or unexpected events can make you “out of pocket”. How can I get a quick loan? Apps that let you borrow money will be the best solution for you. But, do you know the best apps that loan you money? Let’s find out with Appsthatloanyoumoney.com through the article below!
What is the app that lends you money?
Sometimes you will be stuck with money and it will be difficult to continue living until the next paycheck. You are really stuck because you do not know where to borrow money. Loan apps were born and became one of the applications to help you solve money problems quickly and conveniently. These are apps that let you borrow money with some conditions and associated costs. You can apply for a loan online through an app on your phone.
Each financial company will have different requirements on loan conditions, borrowing costs, loan amounts, interest rates, and the ability to build credit. But most loan apps provide users with many convenient short-term loans.
Top 6 best apps that will loan you money
As mentioned, each loan app will have different criteria and requirements for borrowers. But in general, the loan apps that we offer below are reputable and quality apps that lend you money:
Dave – the best loan app for small loans
Earnin – best loan app with a low fee
Brigit – the best app to manage your budget
MoneyLion App
Chime App
Money Lending App
1. Dave – apps that will loan you money
Dave is a trusted loan app that can give you a cash advance of up to $100 with no interest. However, you have to meet some requirements that Dave sets forth.
Dave’s conditions: Want to borrow money at Dave app? You won’t need to do a credit check, however, your paycheck should be stable and linked to your checking account. You’ll need to do some proofing to determine you can pay the advance when you have your next paycheck.
Reduce Overdraft Fees: Dave is a nifty app that can help you avoid overdraft fees. When you connect your bank account with Dave, it will immediately help you detect possible overdrafts and alert you. Relying on warnings you can avoid overdraft fees.
Find a side job: Yes, Dave can help you find extra jobs to increase your income. You may not need to borrow money from Dave but join a side job to receive a salary.
Join Fee: Dave’s membership fee is really cheap, only $1 for a month. However, if this loan app brings many conveniences to you, you can tip a larger amount.
Dave will provide the money to you 3 days after you complete the company’s loan conditions. But if you need the money urgently during the day you can also request to be paid immediately, but you will have to pay an extra fee for this service.
2. Earnin – apps that lend you money
Most apps that let you borrow money will charge some fees when you borrow money or use their services. However, with the Earnin app, they will not charge interest or charge fees on your salary advances. You may receive a request to provide a tip of your choice with the amount offered by Earnin. You can accept it or not. You are not required to tip to use the app.
Eligibility Requirements: Earnin requires you to have a paid job on your bank card for payment. When you use Earnin, it connects to your bank account to verify your payment schedule. Your payment schedule should be consistent, be it hourly, daily, weekly or monthly. The app also keeps track of your daily commute through electronic timesheets.
Overdraft fees: Earnin will also warn you to avoid overdraft fees when your account balance is about to get low. You can sign up for Balance Shield Cash Outs, Earnin’s service to help you avoid overdraft fees when your account balance is low.
You can borrow up to $100 for your first successful loan at Earnin. If you successfully repay this advance and continue to use it, you can increase your loan to $500.
Earnin can give you instant money if you have the fast speed feature of this app. In some cases. If your bank supports it, it will take you 1 to 2 days to receive the money.
3. Brigit – apps that loan you money
Brigit is more than just a loan app, it also helps you track and manage your finances. It offers a variety of cash advances so you can cover your next paycheck. The App features financial tracking tools that help you manage your spending properly through the “Brigit point” model.
The model measures three key metrics: income profile, spending behavior, and bank account health. The score for this model is from 0 to 100. You need a minimum score of 70 to qualify for this app’s cash advance.
Brigit’s condition is that you must have at least 3 recurring deposits from an employer to participate in making loans.
Loans: This app can advance you up to $250. If you want instant money and access to many other great features, you have to spend $9.99 per month. It’s the fee that makes you Brigit Plus. However, when you are a basic member of the Brigit loan app you can also use the services for free, but not all.
No Interest: Brigit is a loan app that does not charge customers interest and does not send tip requests. You only pay $9.99 per month for the Brigit Plus plan.
Brigit is not compatible with all banks: If the loan app is compatible and supported by banks, it will be faster for you to receive your advance payment. However, not all banks are compatible with Brigit. Some typical banks such as Chime Bank, Varo,…
Like most apps that will loan you money, Brigit also has an automatic advance service. It will analyze your spending habits and predict the balance. If you run the risk of being charged an overdraft, it will advance you a sum. This is one of the convenient services that help you avoid overdraft fees.
4. MoneyLion
Borrow from: $50 – $2000
5. Chime
Borrow from: $100 – $2500
6. Money Lending App
Borrow from: $40 – $1500
Final Words
At any time you may be at risk of a financial shortfall. The fastest and most convenient solution is apps that loan you money. You can easily get their advances to spend until your next paycheck. Above are the top 3 best apps that let you borrow money, you can refer! Hopefully, this article can solve your financial problems!
