What is the fastest cash advance app?

Without prior enrollment or setup, EarnIn or MoneyLion are the fastest cash advance apps, offering setup and funding the same day. If you already have Payactiv as a benefit through your employer, the app offers several ways to instantly access cash free of charge.

Are cash advance apps better than payday loans?

Cash advance apps are generally a much safer alternative to payday loans, which can come with APRs of nearly 400% and often trap borrowers in a cycle of debt. Cash advance apps often protect you from overdraft fees and don’t allow additional advances prior to repayment.

Is Dave a good cash advance app?

The Dave app lets you borrow a small amount of money to cover expenses while you wait for your next paycheck or to avoid overdrawing your bank account. Dave charges high fast funding fees compared to other cash advance apps and its borrowing process is more complex than other apps’. » MORE: NerdWallet’s Dave app review Up to $500.