Loan Apps Like Dave, Brigit, Earnin, MoneyLion, PossibleFinance

Last Update: September 4, 2021 Answers Apps Banking Loan Reviews Loans

You can always get instant $50, $100, or … $300 if you have some unexpected financial problems. Even people with bad credit can get this money.

ElitePersonalFinance has always tried to find payday loan alternatives for people with bad credit. Payday loans are costly and lead people to the debt cycle. Leave them aside. Today you will learn about a new type of lending. We’d bet most of you still don’t know about it or are unsure what’s behind it.

Have you heard about them? ElitePersonalFinance carefully reviewed all good loan apps and put them here! We will discuss loan apps like Dave, Bright, MoneyLion, PossibleFinance, and more.


Loan apps are a great, times cheaper alternative to payday loans, and most of them instantly lend to people with bad credit. Some of them are 0-interest!


You can’t expect a lot of money. $100 to $300 are their typical limits. That’s why, before you plan to get money from such an app, you should shop around and see what works best for you. For this, we created the largest marketplace. There you will find many cheap personal lenders that approve people with bad credit and offer up to $100,000.

Watch our video first and then visit our marketplace, or if you have any questions, ask us at our help center:

Another very important thing that you should know is that many scam apps offer you money. When they have found that this is a new fast-growing market, payday lenders have started to create apps. Their cash advance apps are nothing but scams – their same payday loans shaped in an app.

How will you recognize them?

Very easy! They are very expensive. If you find an app with an APR of 400% or over, this is a payday loan app. Stay away from them!

We have better options for you!

ElitePersonalFinance reviews only legitimate cash apps. We don’t list and review any payday loan apps!

Loan App: Amount: Interest Rate: Monthly Fees: Credit Check:
Dave $200 0% $1/mo. No
Earnin $100 – $500 0% $0 No
MoneyLion $250 0% $0 No
VolaFinance $300 0% $4.99/mo. No
PossibleFinance $500 150% – 200% $0 Yes
Brigit $250 0% $0 No
Albert $100 0% $0 No
Branch $150/Day or $500/Period 0% $0 No
Grain $1,000 Line of Credit 12% $0 No
Cleo $100 0% $5.99/mo. No
Current $100 0% $4.99/mo. (30-day trial) No
Chime $100 0% $0 No
Empower $250 0% $0 No
Varo $100 0% $0 No
Even 50% of the Money You Have 0% $8/mo No

Dave App

Dave is one of the most well-known money lending apps. With Dave App, you can get an instant $200 interest-free cash advance if you meet their criteria. If you have a regular job and enough income to repay their loan, you should qualify. The app requires you to open a Dave debit card and set up your direct deposits to post to your Dave spending account to prove your income. Then the app expects to see at least two qualifying direct deposits in your spending account. And that’s it. Now you can always get $200 with 0-interest, unlimited times (as long as your previous loans are paid in full). Because the amount of $200 is low, Dave won’t even check your credit score.

Let’s say it quick. Almost all apps like Dave that we review here are great for people who want quick cash at any time and don’t like to pay high interest.

Dave will start to track your expenses and even text you when you’re coming close to the red.

Interest-free money at any time? What’s the catch?

Dave requires you to become their member to qualify for their cash advance like almost all other loan apps. This costs you $1 per month. Dave also encourages their users to tip them. This means that people who are happy with their services can pay back some interest, but only if they want to and only an amount they decide. This is totally by your choice.

The Dave app has two funding options: Standard and Express. Standard funding is up to 3 business days. With the Express option, you can instantly get your money on the same day, but small fees can be.

Dave app has two repayment options:

  • An automatic payback option: The app will collect your fees from your next direct deposit paycheck.
  • Manual payback option: This is when you choose to pay them earlier.

Dave can be used as a credit-building tool too. The banking app partner with LevelCredit lets you report rent and utility payments to major credit bureaus. The service costs $100, but it’s totally free for Dave members who have set up Direct Deposit.


  • Dave Loan App provides an instant $200, interest-free payday loan alternative at any time.
  • Fast and easy approval, even a credit check wouldn’t be performed.
  • Security and safety: All your sensitive data is encrypted.
  • Fast funding: 1 – 3 days.
  • Free credit building with LevelCredit.
  • Very low monthly fee of only $1.


  • A cash advance over $200 is not allowed.
  • A constant monthly fee of $1.
  • Extra fee for express funding.
  • Strict approval criteria can prevent people with nonregular payments, even if they have a good income.
  • Accounts that don’t pay on time can be banned.

For those who $200 is not enough, we move on with more apps that lend money.

Visit Dave.

Brigit App

Brigit Instant Cash offers of up to $250. Their loans are interest-free.

What is Brigit Instant Cash Requirements?

  • You have to connect your checking account with them and use it regularly.
  • At least 60 days accounts are approved.
  • Your balance should be greater than $0.
  • Your Brigit Score should be at least 70. Your Brigit Score is based on your Bank Account Health, Spending Behavior, and Earnings Profile.

Brigit won’t check your credit report.

Brigit offers a free instant cash option for people who have added their debit cards with them.

For $9.99 per month, Bridgit offers many extra financial services like credit reports, identity theft, and many more.

Brigit work with over 6,000 banks and credit unions. Among them are Chime, Capital One, and Net Spend.


  • Get up to $250, interest-free cash advance.
  • No membership fees.
  • Low requirements.
  • A credit check won’t be performed.
  • Brigit work with over 6,000 banks and credit unions. Among them are Chime, Capital One, and Net Spend.


  • A membership fee of $9,99 per month for their advanced services.
  • Your Bridgit score has to be at least 70 to qualify for a loan.
  • Your account history has to be at least 60 days to qualify for a loan.

Visit Bridgit.

Earnin App

Earnin is another great mobile lending app that you should consider. Earnin Loan App offers up to a $100 pay period, but there is a potential for this amount to be increased to $500 if you regularly use the app and pay it back on time. For Earnin to recognize your pay schedule, you have to connect your bank account and add your employment info. After that, you have to add your earnings to the app.

Earnin, like almost all apps like it, gives you money totally free. The catch?

They really don’t want anything from you. Instead, they encourage you to tip them. You can pay them as much as you can if you like their service, but you don’t have to do it!

Eligibility to qualify:

People with the “Lightning Speed” feature receive their funds instantly. However, there can be a 1 – 2 days delay for those who don’t have it.


  • Instant access to small funds of $100 to $500.
  • No interest fees.
  • No monthly fees.
  • Earnin app won’t perform a credit check.


  • Not a good choice for people for who $500 is not enough.
  • You can qualify for a $500 limit after a time.
  • Requires access to your bank account.

Visit Earnin.

MoneyLion App

With MoneyLion Instacash, you can get up to $250 interest-free cash advance instantly. All you have to do is download their app and create an account. Next, to unlock “MoneyLion Instacash,” you have to link your checking account with them. And that’s it. Now you can request a $250 instant cash advance at any time.

MoneyLion, like almost all quick cash apps that we review here, won’t pull your credit, which is good because people with bad credit can be approved and not so good because regular payers won’t see their successful payments reported credit bureaus. This means that using apps like MoneyLion won’t affect your credit score.

For those who want to get more money and build credit, MoneyLion offers a Credit-Builder Loan. For $19,99 per month, you can get up to $1,000, with an APR of 5.99% to 29.99% personal loan, and build your credit. According to the site’s information, people improve their credit with 60 points for the first 60 days.

How fast will you get your cash advance?

Instacash is free, but there is a delay. The money to your RoarMoney account will delay by 1 – 2 days and money to your checking account with 3 – 5 days. But if you have no time to wait, an instant option is available, which costs you $3.99 for your RoarMoney account and $4.99 for your checking account. Like all other interest-free apps, MoneyLions encourage their users to tip them.


  • Get an interest-free cash advance of up to $250 instantly.
  • No monthly fees.
  • Like Earnin App, MoneyLion has no monthly fees.
  • Free checking account, a unique feature that not all apps offer.
  • Low approval requirements.
  • Credit-Builder Loan of up to $1,000.
  • 100% legit app.


  • The app lends no more than $250.
  • A delay of few days, or a fee for instant money transfer.
  • Monthly fee of $19.99 for their Credit-Builder Loan.

Visit MoneyLion.

VolaFinance App

With Vola Finance, you can get up to $300 interest-free loans at any time. All you have to do is connect your bank, select your advance amount and never pay overdraft fees again! Like all other legit apps, Vola won’t perform a credit check. See, these sites don’t waste time on credit checks and things like that. Instead, they offer a relatively small amount of money, but their requirements are very low. Unlike Earnin and MoneyLion, Vola comes with a monthly fee of $4.99/month. And because of this fee, Vola offers free and instant payout without extra fees.

Vola work with over 6,000 banks and credit unions. If your bank or mobile phone isn’t compatible with their app, Vola offers you a refund of your all paid membership fees.


  • VolaFinance offers up to $300, interest-free cash advance at any time.
  • Avoid overdraft fees.
  • Fast payments with no extra fees.
  • A credit check won’t be performed.
  • Low-income requirements to qualify.
  • Vola work with over 6,000 banks and credit unions. Among them are Chime, Capital One, and Net Spend.


  • High monthly fees of $4,99.
  • Your bank or mobile phone isn’t always compatible with their app.
  • We find many people reporting problems with the app.

Do you want to become one of their 300,000 happy customers, saved over $15 Million in bank fees?

Visit Vola Finance.

Varo App

Varo app is a great banking app. People use it mostly for their banking features. Varo’s savings accounts rates are very high, from 0.40% APY to 2.80 APY, which is times higher than the national average rates.

But we are here for the money. Varo also offers a $100 cash advance. Their advance is interest-free, but they require you at least 30 days of account with at least $1,000.

Be Careful with Apps Like Possible Finance – Avoid Them At First Place

Most of the apps we review here are interest-free, but they offer little money. However, among them, some offer more money but are expensive. We decided to list some of them, like Possible Finance, to show you how they work. But in the end, we highly recommend that you use them only in the end case.

PossibleFinance App

PossibleFinance, although technically is an app (or try to shape their business among “loan apps”), should be categorized among alternative payday loans instead of apps. Alternative payday loans are a cheaper alternative to costly payday loans, but still, they are expensive. PossibleFinance offers loans of up to $500. Their APR is between 150% to 200%, above the standard of 35.99%. But they are still cheaper than traditional payday loans, which APR averages at 400%.

You will now ask why we review this app if they are so expensive?

ElitePersonalFinance always tries to show you the best loans and financial products. We don’t recommend payday loans in any way. According to alternative loans, we recommend them only in end cases, when people can’t qualify for other loans and have no other options.

But, first of all, wait? No other options at all? Even with bad credit, many people have so many options, but they don’t know.

We have so many interesting things for people with bad credit.

The Complete Bad Credit Loan Guide. Start with our complete guide on bad credit loans. In it, we discuss all options available for people with bad credit, which most of you have no idea about.

Alternative Payday Loans. Read our guide if you want to understand alternative payday loans.

EPF Marketplace. We created the largest loan marketplace. Find all lenders in one place.

Best Personal Loans for Bad Credit 2021 from EPF Marketplace

Best Alternative Payday Loans for Bad Credit 2021 from EPF Marketplace

Best Loan Apps from EPF Marketplace

What is Chime App?

Chime App is a banking app. Their online banking account allows you to get access to your money very fast. Chime has no overdraft fees, minimum balance fees, monthly service fees, transfer fees, or foreign transaction fees.

You can get a $100 fee-free overdraft with Chime SpotMe.

Do All Apps Work With Chime, Capital One, Net Spend, Cash App, Varo, and All Other Banks?

Many people ask us these questions. The answer is most of them do. Most of the legit apps we list work with over 6,000 banks and credit unions. However, in rare chances, some of them may conflict with your bank or mobile phone. In these cases, the app offers to refund you all of the money.

What’s The Difference Between Legit Loan Apps and Payday Loan Apps?

Most legit loan apps offer interest-free cash advances. Some have no monthly fees, others have some, but they are very low, from $1 to $5 per month.

Payday lenders create payday loan apps. In fact, these apps are nothing but these same predatory payday loans that we don’t recommend in any way. Their APR average at 400%, which is very expensive.

How Cash App Make Money?

If an app has no interest and has no monthly fee, we definitely have to answer how these companies make money. Here are some of the main ways they make money.

Interest rates. Although most of the apps are interest-free, some have some interest.

Membership fees. Although most of the apps have no monthly fees, some have charges money.

Tips. All apps, even interest-free, encourage you to pay them some interest. But this is totally by your choice. ElitePersonalFinance encourages people to tip, but don’t overdo it if you like and use their services regularly.

In fact, these apps are not loan companies. They are banking apps. The quick cash they offer for no interest is only a little catch they use to get more customers. But we love it! You become their member. All of these companies hope that people start using their banking services, which in some cases are not bad at all.



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