Need Money Now? These Apps Can Help You Get Paid Faster

In present times, financial support can be found in the same phone as the app that is used. Today there are a greater number of mobile apps that now provide cash advances with the usual hurdles of high interest rates, credit scrutiny, and late fees. Let’s have a peek at some of the new unique financial solutions that are altering the borrowing model.

Float Me: The No-Interest Cash Advance App

Float Me is an emerging fintech brand that is changing the payday loan industry. This app enables people to have instant cash with zero-interest charges. On the contrary, Float Me’s clients won’t have to be bothered about their credit score because lender doesn’t run a credit check. They are the quickest and the most convenient way of acquiring credits without bearing additional expenses.

Solo Funds: Set Your Own Payback Terms

Solo Funds works with p2p lending system, joining together those wanting to borrow and those who are ready to lend their own resources. This platform works through the empowerment of borrowers as you are able to choose your own terms for repayment. It’s a community-based approach that is more individualized and distinguishes itself from the traditional banking environment where borrowers may find it difficult to manage their repayments.

Dave: The Online Bank with a Cash Advance Feature

And Dave is not just an Internet bank, it’s an all-purpose bank buddy, and it has an additional feature titled Extra Cash. This service empowers the customers to obtain from $500 up to the needed amount without interest, penalties, or a credit survey procedure. Thus, such strategy is suitable especially for instant payments which require urgent attention and covers these expenses with no extra charges.

Possible Finance: Borrowing Made Accessible

For such people with a bad credit rating or no credit history, Possible Finance is an optimal solution. People are able to borrow up to $500 without having to go to the bank as they can only link their bank account and provide their proof of residence. Providing a platform where borrowing is possible for the wider population, particularly the people who might be locked out by the traditional credit systems.

Cleo: Budging with a Buyback Mechanism

Cleo, just like any other budgeting app, is more than that, it is the financial assistant that enables individuals to keep their payments. Signing for Cleo Plus, which require monthly subscription fees, will enable the users not to pay interest or attempt a credit check through which users are able to borrow money up to $100. This function is especially applicable to a person who wants to borrow a small short-term loan for the purposes of living through the next payment cycle.

Conclusion

Overall, the following are great apps that provide financial solutions instantly for the people who urgently need money. Using zero interest rates as well as the forgoing of credit checks, they help to widen the range of the people who can keep track of day-to-day financial affairs. Whether you need to tackle that unexpected bill or if you just want to have a few extra to contact payday, these apps could provide you with the solution you have been looking for.