Payday loans have become an increasingly popular financial solution for individuals looking to access quick cash. With the convenience of technology, there are now several mobile apps available on both Android and iOS platforms that offer payday loan services. In this article, we will explore some of the best payday loan apps currently available for both Android and iOS users, highlighting their features and benefits. Our aim is to provide an objective overview of these apps, helping potential users make an informed decision on the best payday loan app that suits their needs.
We have compiled a list of 5 Best Payday Loan Apps For Android & iOS for your consideration, which have undergone rigorous testing and evaluation by our team of experts.
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5 Best Payday Loan Apps For Android & iOS
1. CashNetUSA
The CashNetUSA app is designed to provide quick and convenient credit management for its customers. Users can perform a range of tasks through the app, including requesting a draw, viewing available credit, making payments, and reviewing payment details, including future and past payments. Additionally, users can access CashNetUSA benefits, such as discount offers, coupons, and free financial courses. To take advantage of this service, users need to download the app and turn on auto updates to ensure they always have the most recent version. It’s important to note that this app only supports the CashNetUSA line of credit.
2. Earnin
The Earnin app allows users to access their earned money, up to $100 per day and $500 per paycheck, without hidden fees, interest, or credit checks. Users can tip any amount, including $0. To get started, users must connect their bank account and debit card, add their employer, and verify their work email or location. Earnin works with various banks and provides instant deposits with no extra fees.
Earnin also offers features such as the Tip Yourself account, which provides a chance to win cash prizes, Balance Shield Alerts to prevent overdrafts, and the Earnin Financial Calendar to track recurring payments. The app also provides 24/7 support through Live Chat. Earnin is not affiliated with other financial apps or services and is not a payday loan or cash loan app.
Disclaimers include variations in tipping options, the number of users, and information on Tip Yourself account funds. The WeWin promotion for Tip Yourself account holders provides a chance to win up to $10 million in cash prizes. Lightning Speed deposits may not be available to all users, and Balance Shield Cash Outs are subject to daily/pay period maximums. The $10 referral promotion is valid until 11/30/2021. Restrictions and third-party fees may apply. For more information, visit earnin.com/TOS.
3. Brigit
Brigit is a financial app that provides transparent, fair, and simple tools to help users spend wisely, avoid unfair fees, build credit, and start saving more. With Brigit, users can get up to $250 instant cash advances and enjoy sustainable financial health. So far, Brigit’s members have saved over $300 million, which translates to over $514 annually per member. Additionally, 91% of Brigit’s members have reported a reduction of their financial stress thanks to the app.
One of the key features of Brigit is its credit builder account, which allows users to build their credit score up to 60 points. No credit check or credit approval is needed, and Brigit reports to all three credit bureaus, including Experian, Equifax, and Transunion. Building credit through Brigit’s Credit Builder account can lead to access to more affordable credit cards, personal loans, home credit, new car loans, and used car loans. Credit Builder loans are issued by Coastal Community Bank, Member FDIC. All loans are 0% APR, and the term is between 1 to 2 years, but users can always repay early.
Brigit also offers credit monitoring, score tracking, and full credit reports to help users stay on top of their credit. In addition, users can access up to $250 instantly from their next paycheck with no credit check, no interest, no hidden fees, no transfer fees, no “tips,” or mandatory repayment time frame. Users can repay Brigit when they can afford it, and there is no mandatory minimum or maximum repayment timeframe.
Users can also earn more money with jobs that work for them and get clear insights into their spending habits. Brigit’s sign-up process is easy, with no red tape. The app works with thousands of banks, and there are two simple plans with no hidden fees, tips, or fine print.
4. Speedy Cash
The Speedy Cash app provides users with the ability to access their accounts at any time and from anywhere. Once securely signed in, users can quickly view their current status. The app offers a variety of features, such as the ability to make payments, check balances, enroll in push notifications for payment reminders, contact customer service, and find nearby store locations.
One of the primary benefits of the Speedy Cash app is the convenience it offers. Users no longer have to visit a physical location to access their accounts or make payments. Additionally, the app allows users to quickly view their account information, such as their balance, minimum payment, and total payoff. This information can be useful for managing finances and staying on top of payments.
Another key feature of the Speedy Cash app is the ability to enroll in push notifications for payment reminders. This feature can help users avoid missed payments and potential fees by reminding them when payments are due. The app also provides users with access to customer service, allowing them to quickly and easily get answers to any questions or concerns they may have.
The Speedy Cash app also includes a store locator feature, which can be useful for users who prefer to visit a physical location for assistance. However, it is important to note that new loans cannot be applied for through the mobile app. Overall, the Speedy Cash app offers a variety of useful features for managing finances and accessing account information.
5. PayActiv
Payactiv is a platform that allows users to access the wages they have earned from the hours they have already worked. This can be done through direct deposit into their bank account or Payactiv card, and can be used to pay bills, get a ride, or pick up cash at Walmart. The service does not involve loans or interest rates, but rather gives users control over their earnings, spending, and savings.
Payactiv offers faster access to users’ paychecks, with up to two days of early deposit for paychecks and up to four days for government payments. Immediate access to wages earned the same day is also available. Additionally, users can receive and send funds to other members, send money by phone number, and access money immediately through easy, free, and instant mobile payments.
Payactiv offers tools such as SmartSpend and SmartSave to help users stay on track with their financial goals. Users can always know what is safe to spend, track their spending habits, and be alerted of low balances. Automated insights on what is possible to save are provided, and users can receive financial advice for near- and long-term plans. Payactiv also offers 1-1 phone service with trained financial coaches.
Payactiv provides banking services without hidden fees or minimum balance requirements. There are no overdraft or monthly/inactivity fees, and users can withdraw cash from 37,000+ MoneyPass ATMs. The service also offers free integrated bill pay and cash withdrawal at tellers in participating banks.
Payactiv’s service is designed for convenience and security. The platform allows users to use their card with Google Pay or Apple Wallet, make touchless payments at stores, and is FDIC insured. The platform is protected by Visa’s Zero Liability protection and allows users to lock or replace lost or stolen cards. Additionally, 24/7/365 support is available in English and Spanish.