- paycheck advances up to $250
- free account monitoring
- access to budgeting tools
- helps prevent overdraft charges
- expensive monthly membership charge
2. Earnin
Originally known as ActivHours, Earnin is a great alternative to Dave for installment loans direct lenders in Georgia folks who do not want to pay a recurring membership fee. Instead, the app requires you to pay a tip that you think is fair for the service. The app offers paycheck advances of up to $100 per day that you have already earned, up to a maximum of $500 per period.
Earnin also offers other helpful features, such as Balance Shield Alerts that can notify you if your bank account balance dips below a certain threshold. There’s also a Cash Out feature that can automatically deposit up to $100 in your bank account to help avoid overdraft fees.
For all its positives, there are a few downsides to Earnin as well. To be eligible to receive paycheck advances, you must have a regular pay schedule (weekly, bi-weekly, semi-monthly, or monthly). Your employer must also have an actual physical work location or use time-tracking software for you to be eligible to use the service. Additionally, you must also send at least half of your paycheck to your checking account via direct deposit.
- paycheck advances of up to $100 per day
- supports tipping instead of fees
- account balance alerts
- must have a regular pay schedule
3. MoneyLion
MoneyLion is an all-in-one mobile banking app that offers users an easy way to borrow, save, invest, and earn. It lets you borrow up to $250 of your next paycheck with no interest and no credit check. The company claims to transfer the money to your account instantly, irrespective of the time of day. Continuar leyendo «Like Dave, it offers easy cash advances and early paycheck access with its ‘Instacash’ feature»