Best Payday Loan Apps – Easy Ways to Borrow Money in 2021

Viva Payday Loans is among the top-rated payday loan apps you can possibly apply for a payday loan. This app prides itself on offering instant loan approvals and next day deposit into your bank account. The entire application process is online and takes less than five minutes to complete.

You can choose the loan amount that you wish to apply for from the website’s homepage. The lender has included innovative tools on this page to help you select a loan amount between $100 and $5,000. The repayment terms range between 90 days and six months for any of the loans offered.

Viva Payday Loans has APRs that range between 5.99% and 35.99%. It will cost you between $6 and $36 dollars for every $100 that you borrow. However, this will vary greatly on the region you are making the request from. Additionally, the loan amount will also greatly influence the cost of the loan.

Funds Joy features here because of the ease with which it makes loans available to all borrowers regardless of their credit rating.

Importantly, we like their relatively high credit limit that avails up t0 $5,000 in loans. Here, loan application and processing is wholly online and takes only no more than a few minutes with the funds (once approved) deposited into your bank account within 24 hours.

Note however that Funds Joy isn’t a direct lender but a loan marketplace that links sellers to buyers.

LoanSolo is a credit access that connects borrowers with different payday loan lenders. Here, loans are available to you regardless of your current credit rating or income level.

You also get to borrow between $100 and $1000 and enjoy the benefit of same-day or the next business day processing. One of the key benefits of getting a payday loan on LoanSolo is the fact that you get multiple offers and decide on one that appeals most to your financial needs.

The average loan APR here ranges from 4.99% to 1386%, and you only need to be above 18 years and in gainful employment to qualify for a loan here.

Extralend is a loans marketplace that maintains a huge database of lenders. It connects borrowers to lenders who offer unsecured installment loans of between $100 and $3000 with flexed repayment periods of between 6 and 24 months.

The application process is wholly online and the cash is disbursed the same day or during the next working day. To qualify for the loan, you only need to be 18 years old with a bank account and gainful employment.

The loan terms like interest rate for the loan and actual repayment period will, however, be determined by your lender.

Get Funds ASAP maintains some of the friendliest loan application and processing terms. You, for instance, only need to be an American Citizen, above 18 years with a regular monthly income of $1,000 to qualify for a loan here. The loan application process is wholly online and both application processing and funds disbursement relatively fast (1-2 days).

You do not need a stellar credit history to qualify for a loan here since most of the lenders on the platform won’t pull your credit report. They also maintain a relatively high loan limit – up to $5,000.

Credit Clock is the trading name of London-based Payday Ventures Limited. It is more of a middleman than loan services provider as it doesn’t advance loans to its clients. Rather, Credit Clock provides a platform that links loan applicants to loan service providers with most of these lenders offering loans of between $100 and $5,000.

Among the unique features of applying for a loan through Credit Clock is their higher than average maximum loan, the same day processing services, and the fact that you do not need a perfect credit history to qualify. You have up to 6 months to repay the loan at an APR of between 5.99% to 35.99%.

Their three-step loan application process is also easy and straightforward where you start by filling a detailed loan application form, agree to the terms and conditions of the loan application, and waiting for one of the lenders in their database to fil it up. Most of these lenders will also not perform a hard credit check on you and, therefore, wouldn’t hurt your credit score.

It is most likely you have seen this around, especially if you live in a state where the service is availed. Check Into Cash traditionally operated ‘cash stalls ’where you would go and request for financing. However, they have moved onto the online space to compete with other payday loan apps.

Most loan apps have an almost identical application process, and it is true with Check Into Cash as well. You will need to provide them with details such as phone number, work address, and email. Then need to agree to their terms and conditions digitally. Once this is done, the company will look into your application and respond. If approved, your funds will take up to two business days to be credited into your bank account. You will then be expected to repay this amount in full on your payday.

Check Into Cash offers loan amounts of between $50 to $1000 depending on your credit score. Their fees range between $13 and $25 per $100 borrowed depending on the state you are in.

CashNet is a Payday lending service that avails short-term loans. They pride themselves on being able to provide instant approvals and next day cash payments.

CashNet does not discriminate and according to their website, work with people with all credit scores. This can come in handy if you are looking for finances urgently and your credit score is not that high. All you need to do is log on to their website and furnish them with your details. These will include your date of birth, your name, address, email, phone number, social security number, and any other relevant work details.

The application process is a 5-minute process, and approval decisions are sent you via email. You will then have the funds deposited in your bank account the next day. This will, however, depend on just how soon the loan is approved. Once you have received the funds, the loan will be repaid in full on your payday.

CashNet avails loan amounts of between $255 and $500 and their loan fees range between $10 and $45 per $100 borrowed. Additionally, their APR ranges between 205% and 800% with a repayment term of between two weeks and 15 months.

If you are looking for a personal loan app that offers large amounts, then Rise is the option for you. This particular payday loan app offers up to $5,000 in loans with flexible repayment periods. Unlike many other lenders that have a high APR, some going as far as 400%, with Rise, that is set at 299%. Higher loan amounts, therefore, mean you will pay less in interests. On average however, a regular payday loan on Rise will be charged about $12 for every $100 borrowed.

The application process is quite simple, and you will be required to submit your details and be at least 18 years in most states. In Alabama, however, Rise works with an age limit of 19 and above. Once your loan has been approved, it will be credited to your bank account on the same day or in one business day.

The fee to be paid for each loan you take will vary according to the state that you are in. However, the lender offers excellent incentives for anyone that makes timely payments consistently. For example, 24 consecutive monthly on-time payments will earn you a 50% interest rate on your next loan. Continue this up to 36 months and your next loan will cost just 36% interest.

Earnin's loan app has become one if not the most famous lenders in the market. The main reason for this is that the firm allows individuals who are paid by the hour to book the hours worked and get their money paid in advancements when needed. This is a great option on loan apps for individuals who are living paycheck to paycheck and that can not wait till the end of the month to get paid.

Even though the limit for advance loans is only $500 a month, millions of Americans have appreciated the service from this app during its time operating. Another important aspect of the app is the fact that instead of being charged a regular fee or a commission, the company allows individuals to tip for their service. Leaving the amount to be paid to their own personal judgment. While the entire market has taken a very minimalistic approach to their applications, not all of the firms have actually reached the level needed for it to work. Earnin has to be one of the few that truly mastered the simply layout without making the entire platform look and operate cheaply.

Just like most of the other names from this list Earnin allow for full integration of your bank accounts and the app. This will help you manage everything you have and what you owe directly within one single application. It is one of the main reasons why individuals who are not interested in payday loans take advantage of the app.

Brigit is not your traditional Payday Loan provider, instead, it is the perfect example of a great idea beautifully executed. Instead of simply having to deal with a firm whose only intention is to charge you obscene fees and interest rates, Brigit has proven to be a name that will take care of you and your finances with this loan app.

The entire offering of products circles around their smartphone app, not only it is a minimalistic and well-developed platform, but it is also one of the best options fast cash offering with amounts up to $250. Another point where this firm excels is at execution, to put it into perspective requesting a loan might get your funds in your bank account in less than four hours. One might say that walking out of a branch or office with cash in hand can be faster but definitely not more convenient and safer.

Another point where Brigit truly destroys their competitors is the fact that it tracks your spending and also your income. This permits individuals to forecast the balance they will have in their bank account at the end of the month, allowing you on a high level to prognosticate the requirement of cash. In those scenarios, you might even program for money to be transferred automatically once the forecast is showing a negative balance before the end of the month or before your next paycheck.

This is another interesting firm that is taking the loans and Payday market to the next level. Not only you will be able to access funds in a practical and also fast manner, but you will be able to request up to 50% of your paycheck in advancements via their app. While other firms offer a relatively similar model, receiving such a high amount of your check is simply unheard of in the market.

From an App perspective, PayActive is one of the best loan apps available and a great option for anyone who is also interested in managing their finances closely. In order to offer a more attractive service and to differentiate themselves, the firm has developed its own budgeting tools that will help you gain control of your finances and to improve your spending habits. More than just providing access to fast cash, the firm has become known for focusing on the dignity of their customers. Life is already too complicated to get more mixed up by dealing with an institution that does not have your best interest in mind. To prove the commitment to their clients the firm offers a fully automatic counseling product within their app, the idea behind it is to help to improve the financial literacy of their users.

It might not be the best-looking app from this list but it certainly deserves its place because of their platform and their service.

Dave loan app is probably one of the best payday loan apps overall that's available in the market in 2021, and the reason for this is the value you are receiving for its price. Instead of simply charging a fixed or variable interest rate for any loan, the firm only charges a monthly fee of $1 for the subscription process. The reason why they can do so is that the firm calculates the max loan based on your current income and it does not allow you to be carrying forward debt.

If you ever find yourself in the necessity of a small loan, this might be your best option today and especially if you don't have the most transparent credit score. The app will allow for loans up to $75 to be processed without requiring a credit check. Place note that the only requirement asked by the firm is to connect a checking account with the app, this is in order to ensure that they will be able to take back their money once your paycheck lands every month. Continuing with great service, the firm offers the ability to receive the funds in any state in less than 8 hours of time. This might not be as fast as other apps from this list but once you consider that you are not paying for small loans it is definitely worth waiting.

Please take into consideration that just like Brigit does, Dave offers full integration between your bank accounts and their budgeting tool. This allows for total control of your finances and also to forecast and predict when you might be in danger of not having enough money to finish the month or simply to afford something important like paying your utilities or your insurance.

Money Lion is another membership app that offers other things than just payday loans. This is probably one of the most complete payday loan apps and the most diverse name from this list since you can go for traditional personal loans and even some credit cards that offer up to 12% cashback.

From an app perspective, the firm allows for cash advancements of up to $250 in literally no time. The reason why it is so fast is that the company offer their own checkings and savings accounts. This allows employers to pay or deposit your paycheck directly with Money Lion. In other words, whenever you request an advancement the firm will simply credit the funds directly into your account, this will allow for almost immediate access to the funds.

Take into consideration that Money Lion offers an app that is definitely at the level of some of the ones offered by most traditional financial institutions. Don't forget that you can easily request your money to be deposited here in order to take advantage of the benefits of the firm, and still send your money to your regular bank account each month. Not every individual feels comfortable having savings and checkings accounts with relatively new firms. There is a risk associated with it, but once you see all the benefits and also the backing of the firm, it becomes more appealing.

Something worth mentioning is the fact that you can request a personal loan of up to $500 automatically from the app. Even though you will be charged an interest rate for borrowing in a period of 12 months, it is still one of the cheapest options in the market. Having to pay less than 6% for individuals with high risk is absolutely nothing when compared to the rest of the market.