Most people are dependent on their paychecks for their financial needs, what if there is a sudden emergency and you need cash? That’s where Instant money apps come into the picture.
Instant Money Apps like Venmo, Payactiv, or Moneylion provide you with instant personal loans and also enable you to withdraw advance salary. Now you don’t have to go through the process of getting a loan from a bank, with these apps you can easily get cash whenever you are in need.
In this article, you will find the 8 best Instant Money apps in the United States. These are handpicked and have the best features like low interest, long tenure, and credit-building ability.
Can We Get Instant Money Through A Mobile App?
Yes, nowadays getting a personal loan or quick cash before your paycheck arrives is very easy and convenient with the use of Instant money apps. Few apps don’t even charge you any interest and you only need to pay one one-time processing fee.
These apps come in handy when are in urgent need of cash and you don’t have any money left with you. In that case, these apps can be helpful because their processing time is very fast and they don’t even require credit checks.
Which Are The Best Instant Money Apps In The United States?
We have shortlisted some of the best apps that provide instant cash or personal loans without that many formalities, documentation, or credit checks.
SoFi is a one-stop financial solution, as it offers banking, investing, credit card, and loans. It has an easy and understandable user interface. You can borrow up to $100k personal loan from SoFi. The members get additional perks and benefits.
Brigit is one of the apps that helps you with small cash advances. The app provides you with instant money without performing credit checks. It does not charge any interest or any late fees. But keep that in mind that it does charge you a monthly fee but that is completely worth paying.
With Dave, you can borrow cash advances up to $500 without any interest, simply by paying $1 for the membership plan.
It offers instant loans of up to $200 to eligible individuals within the same day you apply for them. You can also benefit yourself with the other services it offers.
Even the app is now called ONE@work which allows people to withdraw 50% of their salary in advance. It also helps the employees to save their income.
It is one of the leading financial institutions that gives loans within 30 minutes without any physical documentation. Employees can get access to their early wages up to 50%.
EarnIn app is the best alternative to traditional loans, you can take large amounts of loans with very low fees. No minimum credit is required and the loan is processed within 1-2 days.
MoneyLion is an app that covers almost all of your financial needs, you can take a personal loan up to $250 without any interest or credit checks. The members can also invest in stocks and cryptocurrency and earn rewards and cashback.
Frequently Asked Questions
Which App Gives You a $100 Instant Loan?
If you are looking for a mobile application that gives an instant loan of $100 then Brigit would be the best option.
Which App Gives Instant Loans Without Credit Checks?
MoneyLion is an Instant loan app that gives loans up to $250 without checking your credit score.
Instant Money Apps such as Cashapp, Venmo, and Dave offer quick financial assistance with an instant approval process and user-friendly platforms. Some apps also enable people to withdraw their salary in advance by simply paying a minimal professing or transaction fee. You should always consider taking time and reviewing the terms and conditions before applying for any loans.
Nyra handles business research, writing financial documents, news items, articles, and study materials about finances.