Best Money Borrowing Apps for Quick Cash

Payday loans are indeed available for your use (and you can also set the expense on your credit card or a personal loan), but these options typically have very high-interest rates that will cost you a lot in the long run.

One way to solve this issue is to use money-borrowing apps. These apps can help you get out of financial trouble when you’re in a cinch and offer decent interest rates so that you don’t need to worry about digging yourself deeper into the debt hole.

This post will cover some of the best money borrowing apps on the market today so that you never need to worry about short-term liquidity again.

Chime

If you have a Chime Spending Account, you can use Chime’s SpotMe feature as overdraft protection. This protection can cover you for up to $100 before you need to pay any overdraft fees.

MoneyLion

The MoneyLion app offers financial tracking, a mobile bank, and cash advances up to $250. As long as you have a qualifying checking account, you can enroll in Instacash advance.

Branch

Branch is a free digital wallet that lets your company pay you in advance. Your employer can push out funds to your faster, and you can also use Branch to request a pay advance.

Current

With Current, you can overdraft your account by $100 completely free of charge. To access all of the available features, you’ll need to pay $4.99, but there is a 30-day free trial.

Brigit

Depending on how much money you make, you could get an advance of up to $250. One unique feature of Brigit is that it will automatically transfer money to your account.

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