9 Cash Advance Apps to Help Manage Your Finances
When you buy something using links found on our site, we may earn a small affiliate commission. This content is reviewed & supervised by The Los Angeles Times Commerce Team.

9 Cash Advance Apps to Cover You Till Payday

  • Cash advance apps give you access to small amounts of money for a single pay period.
  • If you take out a cash advance, you may have to pay a finance charge and fees for the service.
  • These apps are helpful for users with low credit scores as there’s no credit check involved, while the best personal loan rates are available only to those with good credit.
  • Cash advance companies typically deposit money directly into your bank account, making it easy to access the funds.
  • Our top picks from among these apps are Brigit, Empower and MoneyLion.

It’s tough to cover financial emergencies when your budget doesn’t have any wiggle room.

Many people apply for personal loans in these circumstances, but a personal loan isn’t right for everyone. For example, you may have a low credit score or limited credit experience, making it difficult to get approved. Additionally, traditional banks usually deal with larger loans. If you don’t want to borrow a lot of money, a bank loan isn’t always a good fit for your needs.

Enter the cash advance. Instead of borrowing thousands of dollars, you can borrow as little as $20 to see you through to your next payday. Learn more about cash advance apps and find out how they can help you reach your financial goals.

What is a cash app loan?

A cash app loan is an alternative to a traditional personal loan.

When you take out a personal loan, you agree to make monthly payments until you pay back the full amount borrowed. The lender makes money by charging you interest. Although many people benefit from these loans, even the best personal loans aren’t right for every situation. For example, if you need a few hundred dollars to pay an unexpected bill, a cash advance can be a good option since most banks don’t work with such small amounts.

Cash advance apps offer access to small, short-term loans. Instead of repaying the money over several years, you usually have to pay back a cash advance with your next paycheck. If you want a cash advance, you have to fill out an application and provide some basic information about your financial situation. Cash advance apps typically require proof of income and proof of an active bank account.

If you’re approved for a cash advance, the lender will use direct deposit to add the funds to your bank account. In exchange, you give them permission to debit your checking account when you receive your next paycheck. This debit includes the original amount borrowed plus any fees.

Brigit: Best for financial management

Brigit’s free plan comes with several financial tools that give you the information you need to change your habits.

If you want to borrow money, you have to upgrade to the paid plan, which gives you access to up to $250 at a time. The paid plan also includes overdraft protection, ensuring that you don’t fall into a deeper financial hole while you’re trying to cover an emergency. You have to repay the advance on your next payday.

Download the Brigit app today!

Empower: Best for small loan amounts

Empower allows you to borrow as little as $10, making it a solid option for small loans.

If all you need is a few dollars until you get paid again, using Empower can help you avoid borrowing more than you can afford. The app also comes with helpful budgeting tools, such as an automatic savings feature that makes it easier to build up your emergency fund. This feature allows you to transfer small amounts of money to your checking account at predetermined intervals.

EarnIn: Best for large cash advances

The EarnIn app tracks your location or work hours to determine how much you can borrow.

If you need more than other apps offer, consider using EarnIn to borrow up to $750. You can also use the app to give yourself a bit of a cushion when your bank account drops below a certain threshold.

Chime: Best for overdraft coverage

Chime is a bit different from the other apps on this list as it doesn’t offer true cash advances.

Instead, it lets you overdraft your Chime checking account by using the SpotMe feature. To use SpotMe, you must have at least $200 in qualifying deposits to your Chime account every month.

Dave: Best for flexible funding options

If you open an ExtraCash account, Dave allows you to borrow up to $500 at a time.

This makes the app ideal for covering small emergencies, such as a broken radiator in your vehicle or a power bill that’s much higher than expected. The Side Hustle feature helps you find jobs that make it easier to improve your financial circumstances.

Klover: Best for saving money on fees

With Klover, you qualify for one advance of $100 based on your bank account eligibility.

If you participate in the app’s points program, you may qualify for a second $100 advance. The program awards points for certain activities, such as watching videos, taking quizzes and uploading receipts.

MoneyLion: Best for customers who need multiple financial tools

MoneyLion offers several types of bank accounts as well as loans designed to build your credit and tools to help you learn more about financial management. If you already have a MoneyLion account, you may be able to take out a cash advance of up to $500 with Instacash.

Need small cash advances? We got you covered with our selection Get cash now! Personal Loans with Mouse Cursor COMPARE OFFERS

Cleo: Best for gig workers 

Cleo prides itself on being more inclusive than other cash apps, offering freelancers and gig workers the ability to cover themselves until payday. Using Cleo does not require a credit check, you will only be asked for basic details like your name and address so they can verify you’re human.

Cleo offers a free service and three different product tiers; Cleo Grow, Cleo Plus, and Cleo Builder. There are many options within these tiers, allowing you to tailor your package to one that best suits you. Find out which one fits your needs and get help managing your finances today!

SoLo Funds: Best for peer-to-peer lending

SoLo Funds connects you with individuals who are willing to give you a short-term loan.

This makes it quite different from other apps. Because it uses a peer-to-peer lending model, SoLo does have some of the longest funding times, but it may be worth the wait to get the money you need. If no one funds your request within three days, it’s removed from the platform.

Pros and cons of using a cash advance app

Like other borrowing options, cash advances have multiple pros and cons.

Pros of cash advance apps

Getting a cash advance can help you avoid late fees, overdraft fees and other problems associated with financial shortfalls.

Several cash advance apps offer instant funding, giving you quick access to the funds you need without a lengthy application or approval process.

Cash advance apps are suitable for users with bad credit or limited credit histories. When you apply for a traditional loan, the bank does a credit check to determine if you’re likely to repay the loan as agreed. If this credit check shows that you have a low score, there’s a good chance that the lender will deny your application. When you apply for a cash advance through an app, the lender doesn’t do a credit check. This makes it easier to access funds while you work on improving your credit score.

Cons of cash advance apps

It’s easy to get trapped in a cycle of taking out a cash advance, repaying and then taking out another one. If you take out a cash advance from more than one company at a time, you may end up with no money in your bank account when you get your next paycheck. This is a cycle of debt that it’s difficult to escape from.

Cash advance apps offer no incentive to change your financial habits. If you know that you can always get another cash advance to cover your bills, you may not focus on setting up an emergency fund or paying off debt. Even if you have overdraft protection, you may end up paying unexpected overdraft fees if you make a mistake while trying to juggle multiple cash advances.

Some apps charge multiple fees, which may make it more expensive to borrow money. For example, you may have to pay a fee to access the premium version of an app. If you need money quickly, there may also be an express fee for instant approval. Keep an eye on these fees when using cash advance apps.

Alternatives to cash advance apps

If cash advance apps aren’t right for you or if you need more money than you can get with a cash advance, consider the following alternatives:

FAQ: 8 Cash advance apps that cover you till payday

Which apps can I use to get money immediately?

Brigit, EarnIn, Empower and MoneyLion all offer instant approvals on cash advances. If you use Empower or MoneyLion, however, an additional fee applies for instant loans.

What app will spot me $50?

You can get a cash advance of $50 from any of the lenders mentioned on this page, including Brigit, Chime, EarnIn, Empower, Dave, Klover, MoneyLion and SoLo Funds.

What app can I borrow $100 from instantly?

You can borrow $100 instantly from cash advance apps such as Brigit, Chime, EarnIn, Empower, Dave, Klover, MoneyLion and SoLo Funds.

What app can I borrow $200 from instantly?

You can borrow $200 instantly from any of the cash advance apps listed in the previous answer, including Brigit, Empower, Klover and MoneyLion.

What app will let me borrow $500?

For cash advances of up to $500, you should use MoneyLion. Many of the lenders mentioned above cap their cash advances at $200 or $300, but MoneyLion will lend up to $500 in an instant.

About the Author

Leigh Morgan
Leigh Morgan Personal Finance

Leigh Morgan is a seasoned personal finance contributor with over 15 years of experience writing on a diverse range of professional legal and financial topics. She specializes in subjects like navigating the complexities of insurance, savings, zero-based budgeting and emergency fund development.

In the last five years, she’s authored over 300 articles for credit unions, digital banks, and financial professionals. Morgan is also the author of “77 Tips for Preventing Elder Financial Abuse,” a book focused on helping caregivers protect the elderly from financial scams.

In addition to her writing skills, she brings real-world financial acumen thanks to her previous experience managing rental properties as part of a $34 million real estate portfolio.

About the Reviewer

Blake Esken
Blake Esken Los Angeles Times

Blake Esken has over 15 years of experience in product management and has been a member of the Los Angeles Times staff for over five years.

As part of his role at the Los Angeles Times Commerce Team, Blake acts as the in-house reviewer and fact checker for LA Times Compare. He supervises all content for compliance and accuracy and puts to use skills he has honed through years of experience managing high-stakes projects for a range of industry-leading companies.

He has a strong background in data analysis, compliance, and communication, which allows him to support LA Times Compare through fact-checking in an effort to provide up-to-date and factual information across our content.

BACK TO TOP