5 apps that can help you make it until next payday
If you live paycheck to paycheck and need instant cash, then even a small financial problem can ruin your future plans! By resorting to some online lenders, you can get long-awaited instant cash. Now, at the peak of popularity, applications will help you get instant cash without any risks and investments.
If you can’t live until your next paycheck, you might be tempted to take instant cash or payday loans or shift those costs onto a credit card. But these decisions may lead to longer-term financial problems with high-interest rates that could spiral out of control. You may want to find another way to solve your short-term liquidity problems in order to get instant cash.
In an ideal world, you would not need to receive a portion of your paycheck earlier in order to afford it. Millions of Americans live paycheck to paycheck and may need an alternative when their cash flows are particularly limited. Fortunately, there are several apps to help you find instant cash. Let’s take a closer look at these options to help you grow your funds and become the proud owner of instant cash.
Brigit is a top app that helps you manage your budget and offers reliable cash advances. Brigit intends to use it to stretch your funds between salaries offering instant cash. To work with the Brigit application, you need to connect a current account with an active history of at least 60 days.
Checking an account must still have some kind of balance and a record of at least three direct deposits from your employer which is a key feature for Brigit. Once your Brigit app account is set up, you may request a cash advance for your upcoming paycheck. Depending on your income, you may qualify for a cash advance of up to $250 to gen instant cash.
Brigit app automatically transfers instant cash to your account when it detects that you run the risk of overspending. Like the Dave app, Brigit helps you find a side job getting instant cash when you really need it.
Dave is another top online financial application that may help you if overdraft fees are cutting your budget. When you connect your bank account to Dave, the application will look for potential overdrafts. With Dave’s app, you will have the ability to move your personal funds to avoid overdraft fees.
Dave app uses the information from your checking account to determine when you will be paid and when your automatic bill payments are expected to be processed. Thus, you can get the specified amount from instant cash. Dave can give you instant cash if you have no funds to spare. When you borrow these interest-free funds, you will have to repay the loan as soon as your next payment offering instant cash is made.
Dave also may help you find a part-time job. With a quick side job, you may not need to take out a short-term loan. Instead, you will have a great opportunity to borrow money online instantly until your paycheck ends up in your account. If you’re interested in using the Dave app, you’ll be happy to know that this service only costs $1 a month.
Earnin is another great app that allows you to borrow money until your next paycheck without any commissions or interest payments. If you have a job where your salary is deposited into your bank account, Earnin will help you get instant cash. After you log into the app, Earnin will help you connect to your bank account to check your payment schedule.
Since it validates your payment schedule, the app also automatically detects your average hourly wage. Once the app gets an idea of how much you are making per hour, it will track the instant cash you make while you are at work every day.
When you first start using the Earnin app, you will only be able to withdraw up to $100 per pay period. But after using the app regularly, you can withdraw up to $500 in the pay period before your paycheck.
Chime is another recommended expense account-related app. With this application, you can receive your instant cash two days faster. The app will alert you when you complete a transaction and provide an updated account balance. If you spot a transaction that you have not authorized, you can immediately deactivate your debit card with a single tap.
You will also have access to the SpotMe service which will allow you to overdraft your account up to $100 without any fees. When your next paycheck arrives, the Chime app will automatically deduct the amount. This feature will help you survive until your next paycheck.
What’s More, your account is free. Instead of charging the usual bank fees, Chime makes money when you swipe on your debit card. You will undoubtedly enjoy the many features from the app that will help you make ends meet without the extra cost to add to the list.
Current application works by displaying a current account, available through the mobile application. The purpose of the Current app is to help you manage your spending and less money on your fees. The current one aims to find ways to get instant cash. With a Current account, you can receive payments two days faster. This feature will help you stay financially afloat by getting paid earlier.
You will also have a great opportunity to overdraft your account up to $100 for free. Current offers a free version of their account. But need to pay $4.99 for a Premium account to access most of the features. There is a free 30-day trial to decide if you like the service enough to pay for it.
Without a reserve fund, a small disruption to your plans can cause a big financial headache. The days between paychecks may seem like a big handicap. With these top finance apps, you’ll find that stretching between paychecks becomes a little less stressful.