$50 Loan Instant App | Best 5 to Get Financial Advance
The $50 Loan Instant App has been saving lives since the time of immemorial, this app serves as an emergency against contingencies and unforeseen circumstances people might face, and therefore, need urgent financial solution
For those of you who are not familiar with the $50 Loan Instant App, you have been missing a lot, this is very different from Loan Shark Companies; where you can be disgraced or embarrassed upon loan default
For can get instant cash without much requirements or collateral pending your paycheck, it is suitable for workers and business people
Sometimes we have an urgent need to solve a financial problem, it is very normal. The world we live in is not certain, in fact, nothing is certain. There are many ways to get out of financial emergencies such as the use of payday loans, loan apps, credit cards, etc
Credit cards and Payday loans might be used to get a loan advance but can also be a pain in the butt if you have a low credit score and might not be approved for a loan.
To help you choose faster depending on your need we have come up with the 5 best $50 Loan Instant App.
Chime
Chime is an online bank that offers you the option to open a checking or savings account and apply for an advance also.
To apply for a loan with chime you will need a checking account to be able to apply for a pre-determined advance.
Chime Requirements and Information
The balance should be paid in the span of 7 days with a tip of $1.
Customers are not charged a set-up fee or anything, but you are free to give a tip.
The app APR might go up as high as 105%.
Applicants are allowed to withdraw $20 to $100 as a loan depending on their account usage record.
To be considered for a loan you need to make a direct deposit of $500 every month.
Dave
Dave loan app allows you to borrow a small amount of money when you have a limited account, to borrow a larger amount you will need to open a Dave spending account.
Dave Requirements and Information
Finally, there is an optional tip of 2o% of the amount borrowed.
This loan app is good but the downside could be the delay in cash delivery which you can speed up by paying an additional fee for instant cash delivery.
Applicants are allowed to get a loan of $5 to $200 with an active Dave account or get $100 with no account.
Dave app has a feature namely; Side hustle that helps you find side gigs to make some cash.
Instant loan delivery fees can be as high as $5.99.
The app has an optional $1 subscription fee
PaydaySay
If you are looking for a cash advance app that can give you a large amount as an advance, then it is best to go for PaydaySay.
All you will need to do is to apply and get cash directly from them with no delay involved.
PaydaySay Requirements and Information
No paper-based application is required to apply for a loan.
High privacy protection is involved when you shared your data (encrypted data policy).
Although this app is not within the category of $50 Loan Instant App but happens to give more value.
Submitting a loan application to the PaydaySay app is easy and can be done via your phone and you can expect to receive cash within 24 hours of approval.
Loan approval is within minutes after getting connected to a creditor directly.
Applicants can borrow as high as $5,000 instantly.
The app APR ranges from 5.99% to 35.99% generally.
Earnin
Earnin is another loan app that works on a different level when it comes to approving loans. The app offers loans based on the borrower’s working hours.
Earnin Requirements and Information
You don’t have to pay any fee for late payments.
There are optional tips up to $14 and also allow a recurring tip of a minimum of $1.50.
It can be best to apply for a loan with the app if you are looking for a low-fee-paying loan app and also ones above the $50 Loan Instant App.
Applicants apply for a loan amount from $100 to $500 based on their working hours.
To get the cash delivered immediately, you’ll need to sign up for Earnin’s feature namely; Lightning Speed.
APR calculation is done based on the loan borrowed. It can be as high as 105%
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$50 Loan Instant App | Best 5 to Get Financial Advance
Moneylion
This is one of the $50 Loan Instant Apps that can offer you instant cash, this applies to you only if you have an existing checking account which you’ll be needed to pay an extra fee.
Moneylion Requirements and Information
To opt-in for instant cash delivery, you’d have to pay $3.99 as an account holder and $4.99 with no account.
There is an option to pay a $1 tip and then repay the loan in 7 days.
Applicants can apply for loans from $25 to $250 depending on certain factors.
The app APR rate can be as high as 300% or even more.
You pay an additional fee when your loan is more than 5 days late.