Like other apps like Earnin, FlexWage is best used when it’s integrated into your employer’s system. Unlike Earnin, though, there will be fees attached to the service, but those will depend on your employer.
Apart from advances, FlexWage has other features that you might find compelling. For one, it has something called Flex Pay which is the feature that lets you access immediate one-time earnings. The said income can be from anywhere, like tips, bonuses, or commissions if you’re a freelancer.
In addition, FlexWage has a Pay Card feature that essentially acts as a prepaid debit card. You can use it in tandem with FlexWage compensations, and once you have money, you can use it anytime.
If you’re looking for apps like Earnin that work with Chime, then we recommend MoneyLion. However, the key difference between Earnin and MoneyLion is that the latter provides loans, not advances.
Through the app, you can get a loan of up to $1,000 starting from the first year. The best part is you can get a loan no matter what your credit score is. Moreover, it even boosts your credit score if you pay within the deadline.
Overall, MoneyLion is a great option if your credit score isn’t good. However, it does have a catch – the steep $ monthly membership. It also has a high APR (about 5.99% to %, inclusive of your monthly fee). Nonetheless, it’s a good deal if you need to spend on something big.
PayActiv is among the handiest apps like Earnin that let you withdraw your paycheck in advance. But what https://loansolution.com/installment-loans-ks/ makes it better than Earnin is that it increases your withdrawal limit to $500. Moreover, it charges no interest or fees unless you gain money with PayActiv.
With it, you can also opt to get a prepaid card for accessing your funds. That card is good for online and offline transactions, and it even lets you withdraw cash through ATMs. Unfortunately, there is a downside to PayActiv, and that’s company integration. This means it works like other apps like Earnin that need to explicitly partner with your employer. So, if your company doesn’t integrate with the app, you’re better off getting something else.
11. Possible Finance
If you like the idea of borrowing money online but aren’t keen on MoneyLion’s terms, you can use Possible Finance. Unlike most lending apps, Possible Finance provides shorter terms of up to eight weeks. Of course, this means the money you can borrow is a lot smaller as well – about $500 maximum.
However, it’s still a good alternative, especially if you don’t have that much to withdraw as an advance. What’s more, Possible Finance can even improve your credit score if you make repayments quickly. Although the APR is quite high – around 150% to 200% – it’s still lower than payday loans.
12. SoLo Funds
Apps like Earnin that loan you money tend to only go one way. So, if you want to not only borrow money but also lend it, go for SoLo Funds. Via the app, you can borrow or lend money as you please to manage earnings. Its loans cap is $1,000 and usually has terms of 14 to 30 days. That’s pretty short but also convenient if you need decent cash quickly.
What also makes SoLo Funds great is that it charges you no fees. All you need to do is get the app, and you can start borrowing or lending money. Of course, finding a good deal means you have to do a little digging. Nonetheless, it’s a pretty convenient platform if all you need are connections.