You might recognize Empower, a well-known application that provides fee-free cash advances up to $250 without necessitating a credit check. For a minimal fee, you can obtain instant cash rather than enduring the wait for typical processing. The Empower app is popular among gig workers, enabling freelancers, contractors, and other unconventional employees to obtain cash advances.
Empower is an excellent option if you require quick cash; however, there are many other applications that offer comparable services. These alternatives might present larger loan amounts, more adaptable terms, or beneficial budgeting features.
### 7 Top Apps Similar to Empower for Small Cash Advances
Here are the leading apps that resemble Empower which you can utilize today:
#### 1. Chime
– **Ideal for: Immediate Access**
– Chime offers a robust checking account and can advance up to $200 through the SpotMe program, permitting overdraws on debit purchases at no cost. No monthly, minimum balance, foreign transaction, or ATM fees are imposed within a network of 60,000 machines. There is an option for early paycheck access. Chime collaborates with FDIC-member banks.
#### 2. Dave
– **Ideal for: Low fees**
– Provides advances up to $500 without interest or credit checks, with repayment due on the next payday. Dave includes budgeting, overdraft alerts, credit monitoring, and bill payment features. It links to your bank account. At $1/month, it is more economical than Empower’s $8 fee.
#### 3. Varo
– **Ideal for: Flexible repayment terms**
– Varo features checking and savings accounts along with roundup tools. Varo Advance allows borrowing from $20 to $250 with flexible repayment terms and no interest, to be repaid within 30 days. No fees for advances under $20, with scaled fees for those above $50. Eligibility requires monthly deposits of at least $800.
#### 4. Cleo App
– **Ideal for: AI Support**
– Cleo functions as a financial voice assistant, aiding you in budgeting, saving, and tracking expenditures. Cleo Plus offers monthly advances of up to $250 for $5.99/month. Credit Builder loans are available at $15.99/month. Cash advances necessitate contacting customer service.
#### 5. MoneyLion
– **Ideal for: Large cash advance amounts**
– Provides features such as loans, advances, credit monitoring, and budgeting resources. Regular account holders can obtain up to $700, while RoarMoney users can receive $1,000. It requires direct deposits exceeding $250 per pay period.
#### 6. EarnIn
– **Ideal for: Getting Paid Early**
– EarnIn allows you to access earned wages in advance by linking to your bank and work hours. Fee-free, interest-free advances are available up to $750 per pay period or $100 daily, with suggested user-driven tips. Lightning Speed fees are offered for immediate access.
#### 7. Brigit Loan App
– **Ideal for: Avoiding overdraft fees**
– Provides advances up to $250, interest-free without credit checks. It connects with over 15,000 banks. The straightforward setup helps users steer clear of overdraft fees. Brigit Plus ($8.99/month) and Premium ($14.99/month) offer cash advance services.
### Alternatives
Consider other options if you’d rather not connect your bank account:
– **Salary advance:** Ask your employer for a paycheck advance.
– **Credit cards:** Utilize for unforeseen expenses, but be mindful of fees.
– **Peer-to-peer loans:** Offers alternative loans with interest rates between 6% and 35%.
– **CDFI loan:** Short-term loans with rates from 4% to 9%, designed to foster economic development.
– **Selling items:** Think about selling unused items for immediate cash.
### Frequently Asked Questions
#### Do You Have to Pay Interest on Cash Advances?
No, there is no interest charged, but subscription fees vary from $3 to $8 monthly for most apps. Credit card advances do incur high-interest rates.
#### What is the Easiest Loan to Get Immediately?
Payday loans and car title loans are simple to obtain but come with high rates. Apps like Empower provide cash advances without credit checks but require verified income and may offer lower amounts.
#### What Are the Fastest Apps like Empower for Small Cash Advances?
The majority of apps can provide advances on the same day, with small fees for instant access. Chime is the quickest due to its account membership requirement.