5 Apps Like Earnin

About Earnin

Earnin is an advanced cash service. Ram Palaniappan founded Earnin as Activehours in 2013. With this app, you can access the money you’ve already earned. It also borrows advanced cash of up to $100 per day and up to $500 per paycheck. According to the developers, this app facilitates around $212 million in a month to its users. Earnin launched the new feature of giving workers access to their earned wages while working from home last year. It charges no interest or hidden fees for lending money or advanced payments. Earnin app is available for iOS and Android.

You have to connect your bank account where you get paid and add a debit card to get the advanced cash from Earnin. After the app verifies your bank account, debit card, and living place, you can start having the cash out up to $100 per day. Earnin makes money via the tips it collects when issuing loans. You have to pay a tip of up to $14. The total amount will be deducted from your account on payday. Earnin can pay you two days earlier than your payday. It also offers Health Aid, a service that finds lower payment options on medical bills. Erin has over 10 million downloads and 2 million active users.

5 Apps Like Earnin

Advanced cash apps and instant loan apps can be helpful in many ways. They can fulfill your instant needs like groceries or anything, they can also help you avoid overdraft fees for other loans you made. Earning is such an app. More apps land instant cash as well as facilitate advance pay for you. Here we have listed similar apps like Earnin with their features and works, best functionalities, and pricing. Let us take a look at the list.

1. MoneyLion

MoneyLion lets you borrow, save and invest within one platform. Dee Choubey founded MoneyLion in 2013. Over 14.5 million bank accounts are connected with Moneyline. It has a jaw-dropping $590 billion transaction volume. Moneyline offers $1,000 cash advances with 0% APR and $250 instant cash without any fees or interest. Moneyline also automatically invests spare changes from every transaction made with it. It also offers credit building loans with 5.99% APR to 29.99% APR. MoneyLion app is available for iOS and Android.

2. Dave

Dave is a financial app that helps you to improve financial health with advanced financial tools. It also offers a $250 cash advance. By setting Direct Deposit with Dave, users can get paid up to two days earlier than the payday. Dave also helps build credit. According to Dave, it saved its customers nearly $200 million in overdraft fees. Dave calls itself "Banking for Humans". A median Dave user can save up to $500 per year using this app according to its developers. MoneyLion starts free with a zero-fee checking account and an investment account. Premium membership costs $19.99 per month. Dave app is available for iOS and Android.

3. Brigit

Brigit is a cash advance and financial health app. It helps everyone to build a better financial future. It offers cash advances, credit building, and more savings. Users can get up to $250 cash advance with Brigit. It has more features like credit monitoring, a score tracker, and full credit reports. You can use this app to get instant cash on your paydays. You can also use this app for budgeting and saving. It has budgeting tools to plan your budgets like identifying and tracking your spending habits, keeping tabs on bills before they arrive. You can achieve saving goals with Brigit. Brigit app is available for iOS and Android.

4. Chime

Chime is a banking app that offers Keep your money safe with security features, overdraft up to $200 fee-free, and get paid up to 2 days early with direct deposit, with no hidden fees. It has a program that fastens your direct deposits and makes them available up to two days earlier than the payday. Chime members receive a Chime debit card, a Spending Account, a Savings Account, and a powerful mobile app that keeps members in control. With Chime, you are in control of your money with two-factor authentication, TouchID, or FaceID. It also allows to enable transaction alerts and daily balance updates, and block your card with a single tap. Chime app is available for iOS and Android.

5. Possible Finance

Possible Finance is an online lender. Possible Finance provides financial tools needed to manage day-to-day lives. It lends up to $500 based on their transaction history. Possible Finance was founded in 2017. It also helps build credit scores by developing a credit history. As the repayments with the app are reported to credit buries, regular and automated payments results to build a credit score. At the moment Possible Finance is available in Washington state, Alabama, Utah, Texas, Indiana, Idaho, Iowa, Kansas, Kentucky, Ohio, Oklahoma, Louisiana, Michigan, California, Florida, Rhode Island, Tennessee, Missouri, Mississippi, and Delaware. INC stated the app as 50 World-Changing Startups to Watch in 2019. Possible Finance app is available for iOS and Android.

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