Earnin and Dave are both cash advance apps operating in the United States. We already covered this topic but some of you asked me to make this post altogether. So I am going to list the apps similar to Earnin andDave so you can compare and make a well-informed decision.
About Earnin: What is Earnin?
Earnin gives a quick way to get an advance loan on your next paycheck without you completing an application form or paying any fixed fees. Instead, you will just download the app, connect it to your active bank account, and then get an advance salary of up to $100 a day or even $500 a pay period. The App Store customers score it 4.7 out of 5 stars as of July 2019.
About Dave: What is Dave?
Dave app is a pay-advance loan app that grants no-interest loans designed to aid you to avoid some kind of overdraft fees. It could be a better advance choice if you’re really struggling to stick to a tight budget: Dave informs you when you are just about to run out of funds, anticipating regular expenses such as rent and utilities. Mark Cuban is an investor in the company, and it takes the same high rating in the app store just as Earnin: 4.7 out of 5 stars.
Here is the List of Apps Like Earnin and dave
1. MoneyLion
MoneyLion is an all-around loan advance personal finance app that additionally happens likewise to offer small-dollar range loans. It goes far beyond Earnin pay advance app, offering a no-fee checking account, a 0% APR easy credit monitoring, cash advances, even credit-builder mobile loans of up to $500 beginning at only 5.99% APR. Also, you can earn cashback bonuses and even gift cards for staying on top of your Moneylion finances. Its customers rate the company a high 4.6 out of 5 stars on the App Store.
2. Even — Automatic Money Manager
With a monthly fee of $ 2.99, Even — The Automatic Money Manager is a mobile budgeting app that also provides a free advance on wages you’ve already obtained through its Instapay innovation. On top of this perk, Even helps you to easily stick to a budget set by alerting you constantly about any upcoming bills and also how much you need for them. You can likewise set aside your savings through the loan app by rounding up your shopping to the nearest dollar. It draws a slightly higher rating than Earnin app: 4.9 out of 5 stars on the App Store.
3. Brigit
Similar to Dave and Earnin, Brigit is intended to help you avoid your overdraft fees on your active checking account. It’s a no-frills mobile app that does just one thing: Gives you an access to a pay advance loan when you are in risk of overdrawing your bank account. It scores a firm 4.7 out of 5 stars in the App Store.
You can take the advantage of Brigit app by downloading it and signing up for the affordable $9.99 monthly subscription. Brigit pay advance monitors your set bank account and offers you up to $250 per pay cycle with absolutely no interest or fees whatsoever when it looks like you’re just about to overdraw on your bank balance. You can additionally request an advance if you have an unforeseen expense pop up.
Loan Approval for the app takes only minutes, and you can get your capital as soon as the same day. Brigit also automatically withdraws the total amount which you borrowed on your next payday.
4. Speedy Cash
Just as the name suggests, you will get fast loans whenever you need it, unlike the traditional banks where it takes more time for processing. Speedy Cash company originally developed its mobile app to help the borrowers manage their short-term loans. But you can likewise apply for a credit through the app. In addition to just offering an advance salary on your next paycheck, The Speedy Cash company also deals with auto title loans, installment loans and further, lines of credit. To apply for their services, download the app today, sign up for an account and then click Apply. The app is also only available to 27 states across the country.
5. PayActiv Loans
Calling themselves a holistic financial wellness mobile platform, PayActiv services offers you instant access to advance salaries for up to 50% of your earned payments with no any interest to cover an emergency expense whenever you encounter any. You can further use the app to pay your regular bills, send cash between bank accounts as you want, set up your savings goals, and indeed score the discounts on some prescription medications. Rather than a fixed monthly membership fee like other apps like Earnin and Dave, it charges a one-time full fee of $0 to $5 every time you use its pay-advance service.
