Unemployment payday loans can be granted not only in one hour, but also through a direct lender<\/a>. Cash advance apps instead, are always aggregators of other lenders who participate. There is no direct lending with the cash advance apps.<\/p>\n\n\n\nBest Unemployment Cash Advance Apps<\/h2>\n\n\n\n
Unemployment cash advance apps for their worth are a great loan option. However, there are a few factors that make some of these apps stand out from the rest – how easy they are to use, membership fees, if there are any financial, and budgeting tools, overdraft protection features, etc. The following cash advance apps were handpicked by reliable tech advisors as the best in these categories.<\/em><\/p>\n\n\n\nBrigit<\/h3>\n\n\n\n
Brigit is another efficient app to borrow money when you are unemployed. You can borrow up to $250 instantly, but you need to have an active checking account that has received money from the same source for at least two months prior. This ensures that they are lending to people who have an alternative source of income.<\/em><\/p>\n\n\n\nBrigit cash advance app is designed to help people avoid overdraft fees, late fees, and other costly financial penalties. The app works by providing users with a small cash advance of up to $250, which is automatically repaid from the borrower\u2019s bank account on their next payday.<\/em><\/p>\n\n\n\nTo use the Brigit cash advance app, you\u2019ll need to download the app and link your bank account. Brigit will then analyze your spending habits and account balance to determine whether you are at risk of over drafting. If so, the app will send you a notification offering you a cash advance to cover your expenses until your next paycheck.<\/em><\/p>\n\n\n\nTo qualify for a cash advance from Brigit, you\u2019ll need to meet certain eligibility requirements, including having a regular source of income, citizenship of the U.S.A., 18 years of age, and a positive bank account balance. You\u2019ll also need to pay a monthly subscription fee to use the app, which ranges from $9.99 to $19.99 depending on the features you choose.<\/em><\/p>\n\n\n\nThe app also allows users to set recurring advances if they think they can overdraw the account. Brigit charges $9.99 per month for this service \u2014 along with other premium services. No other charges are involved.<\/em><\/p>\n\n\n\nFeatures <\/strong><\/p>\n\n\n\n\n- Loan Amount: Up to $250<\/li>\n\n\n\n
- Loan Term: Until your next payday <\/li>\n\n\n\n
- Interest Rate: None <\/li>\n\n\n\n
- Minimum Required Credit Score: None <\/li>\n\n\n\n
- Stable Income: Needed <\/li>\n\n\n\n
- Monthly Subscription Fee: $9.99 to $19.99<\/li>\n\n\n\n
- Loan Funding: 2 to 3 days <\/li>\n<\/ul>\n\n\n\n
Pros<\/strong><\/p>\n\n\n\n\n- The app comes with various useful features that allow you to\u00a0keep a track of your budget<\/strong>\u00a0and save money.\u00a0<\/li>\n\n\n\n
- They do not conduct any credit checks. <\/li>\n\n\n\n
- They offer cash advance for unemployed people. <\/li>\n\n\n\n
- Loan funding within 2 to 3 days of loan approval. <\/li>\n\n\n\n
- One of the best cash advance apps with unemployment benefits. <\/li>\n\n\n\n
- You do not need to have a job, just a stable income is needed. <\/li>\n\n\n\n
- Helps you avoid overdraft fees. <\/li>\n<\/ul>\n\n\n\n
Cons<\/strong><\/p>\n\n\n\n\n- The subscription fee is very high, especially if you want to unlock all the premium features.<\/li>\n\n\n\n
- You will need to provide access to your bank details. <\/li>\n\n\n\n
- Low maximum loan amount. <\/li>\n<\/ul>\n\n\n\n
Sofi<\/h3>\n\n\n\n
Sofi is an ideal place to go if you desperately need some emergency funding when unemployed. You can qualify for a SoFi loan of $5,000 or more if you have a job offer with a start date that’s within 90 days. And that’s because the job offer points to future income and shows you are creditworthy. Funding is typically processed within one business day.\u00a0<\/em><\/p>\n\n\n\nOne of its strong points is that it has an Unemployment Protection Program, which is available to its members who have a funded Personal Loan in good standing and are\u00a0unemployed through\u00a0no fault\u00a0of\u00a0their own.<\/em><\/p>\n\n\n\n\n- Perks\/Benefits:<\/strong> With SoFi, you can receive loans anywhere from $50 \u2013 $5,000. <\/li>\n\n\n\n
- Requirements:<\/strong> If you are looking to obtain higher loan amounts, you must provide proof of a job offer that begins within the following 90 days. <\/li>\n\n\n\n
- Fees: <\/strong>There are generally no fees associated with SoFi. <\/li>\n<\/ul>\n\n\n\n
MoneyLion<\/h3>\n\n\n\n
MoneyLion allows you to borrow $25 at a time, up to a maximum of $250 altogether. There are no predetermined income requirements. You only require a 60-day-old checking account and a source of income or periodic payments.<\/em><\/p>\n\n\n\nYou’ll pay $19.99 a month for membership plus $0.99 to $7.99 for “turbo” rush funding. MoneyLion’s checking accounts, credit builder loans, and other financial services may justify the expense.<\/em><\/p>\n\n\n\nIt is a mobile app that offers a variety of financial services, including a cash advance feature. The app allows you to link your bank account and receive a cash advance ranging from $25 to $250 with no interest or fees. The cash advance is automatically repaid from your bank account on your next payday.<\/em><\/p>\n\n\n\nIn addition to the cash advance feature, MoneyLion also offers a range of other financial services, including checking and savings accounts, investment accounts, and credit monitoring. The app also offers a rewards program that allows users to earn cashback on purchases and bonuses for completing certain financial tasks.<\/em><\/p>\n\n\n\nIf you like their services, you can pay them a tip, but they do not necessarily ask for a fee for their services. They take approximately 2 to 3 days in depositing the loan amount, but if you need the money immediately, you can choose the turbo funding option which comes with a fee of $0.49 to $5.99% and you will receive the funding in just a few minutes. All in all, Money lion is one of the best cash advance apps with unemployment benefits.\u00a0<\/em><\/p>\n\n\n\nThe instant offer is available to the unemployed and those with poor credit. Register on their website, provide the required credentials and apply for a quick loan.<\/em><\/p>\n\n\n\n\n- Perks\/Benefits:<\/strong> People who use MoneyLion can enjoy loans up to $250. <\/li>\n\n\n\n
- Requirements:<\/strong> In order to get an emergency loan with MoneyLion, you need to have a bank account that is at least 60 days old and provide proof of some sort of income. <\/li>\n\n\n\n
- Fees: <\/strong>MoneyLion fees include a $12.00 monthly charge and a rush fee that can be anywhere from $0.99 \u2013 $7.99.\u00a0<\/li>\n\n\n\n
- Loan Amount: Up to $250<\/li>\n\n\n\n
- Loan Term: Until your next payday<\/li>\n\n\n\n
- Minimum required credit score: None <\/li>\n\n\n\n
- Service Fee: $0.00, the tip is allowed <\/li>\n\n\n\n
- Interest Rate: None <\/li>\n\n\n\n
- Loan Funding: Usually within 2 to 3 days. Within minutes with the turbo funding option\u00a0<\/li>\n<\/ul>\n\n\n\n
Pros <\/strong><\/p>\n\n\n\n\n- They do not charge any interest. <\/li>\n\n\n\n
- The overdraft is cheap. <\/li>\n\n\n\n
- These loans come with no fee. <\/li>\n\n\n\n
- A good option for bad credit holders or people with no credit history at all. <\/li>\n\n\n\n
- The interface of the app is easy to understand and use. <\/li>\n<\/ul>\n\n\n\n
Cons<\/strong><\/p>\n\n\n\n\n- High turbo fee. <\/li>\n\n\n\n
- Overusing this loan can put you into a debt cycle. <\/li>\n<\/ul>\n\n\n\n
Klover<\/h3>\n\n\n\n
Klover is another top pick for the best unemployment cash advance apps in the US. It is a top option for unemployed people who want quick, easy, and instant cash for an emergency.<\/em><\/p>\n\n\n\nThey offer loans up to $100. So if you need a higher amount, you will need to look for other unemployment cash advance apps.\u00a0<\/em><\/p>\n\n\n\nMoreover, you will only get a loan from Klover if your age is 18 years or more, you have a stable monthly income and you are a citizen or resident of the U.S.A. They also offer rewards like extra cash and low fee to repeat borrowers who paid their earlier loans timely.<\/em><\/p>\n\n\n\nAlong with the loan feature, you will also find several other useful features in their application like budgeting tools, expense tracking tools, etc, that will ultimately help you to keep a track of your expenses and save money. Also, you will only be able to get a loan if you give income proof of three previous continuous months. Otherwise, your loan request would simply be denied.<\/em><\/p>\n\n\n\nAccording to their website, you can borrow up to $100 instantly if you have a verifiable source of income such as unemployment benefits or child support.<\/em><\/p>\n\n\n\nKlover uses a points system to boost the beginning limit, which is smaller than other cash advance apps. Once a consumer signs up, points begin to accumulate and multiply with app use.<\/em><\/p>\n\n\n\nFeatures <\/strong><\/p>\n\n\n\n\n- Loan Amount: Up to $100<\/li>\n\n\n\n
- Loan Term: Until your next payday <\/li>\n\n\n\n
- Interest Rate: None <\/li>\n\n\n\n
- Loan Fee: None <\/li>\n\n\n\n
- Minimum Required Credit Score: Zero or bad credit score <\/li>\n\n\n\n
- Loan Funding: 1 to 2 business days <\/li>\n<\/ul>\n\n\n\n
Pros <\/strong><\/p>\n\n\n\n\n- They offer cash advance for unemployed people. <\/li>\n\n\n\n
- Ideal option for bad credit holders. <\/li>\n\n\n\n
- They do not charge any interest or fee. <\/li>\n\n\n\n
- One of the best cash advance apps with unemployment benefits. <\/li>\n\n\n\n
- Helps you build your credit score if you repay the loan on time. <\/li>\n\n\n\n
- Job or employment is not needed, you just need to have an income like retirement benefits, alimony, unemployment benefits, etc. <\/li>\n<\/ul>\n\n\n\n
Cons <\/strong><\/p>\n\n\n\n\n- You will need to link your bank account to the Klover application. <\/li>\n\n\n\n
- The maximum loan amount is very low. <\/li>\n\n\n\n
- You will need to provide income proof. <\/li>\n<\/ul>\n\n\n\n
Vola Finance<\/h3>\n\n\n\n
Viola Finance is another app that is great for unemployment. <\/em><\/p>\n\n\n\nIt is an easy-to-use mobile application that offers loans of up to $300. In order to get a loan from Vola Finance, you need to have at least a $150 balance in your bank account.\u00a0<\/em><\/p>\n\n\n\nAlong with this, you also need to have a bank account with at least 3 months of history, U.S.A. citizenship, 18 years of age, and proof of stable income. If you have all these, then only you will qualify for a Vola Finance loan. As soon as your loan gets approved, they deposit the loan amount into your bank account within a single business day. All in all, Vola Finance is one of the best cash advance apps with unemployment benefits.\u00a0<\/em><\/p>\n\n\n\nMoreover, Vola Finance only offers loans to people who have their membership which may cost $2.99 to $28.99 per month. So if you do not have a job but have a monthly income and are looking for\u00a0loans for unemployed mothers<\/strong>\u00a0or\u00a0loans for self-employed, then you can definitely consider Vola Finance loans.\u00a0<\/em><\/p>\n\n\n\nIf you meet the eligibility requirements, you can access a loan of up to $300 after you link your bank account. The bank account should be:<\/em><\/p>\n\n\n\n\n- Active for at least three months<\/li>\n\n\n\n
- Have a minimum balance of $150<\/li>\n\n\n\n
- Have proof of income (have direct deposit and other activity)<\/li>\n\n\n\n
- Loan Amount: Up to $300<\/li>\n\n\n\n
- Loan Term: Varies <\/li>\n\n\n\n
- Fee and Charges: $2.99 to $28.99 per month<\/li>\n\n\n\n
- Minimum Required Credit Score: N\/A<\/li>\n<\/ul>\n\n\n\n
The app charges between $2.99 and $28.99 monthly for the services. The app also supports budget analytics and money management tools.<\/em><\/p>\n\n\n\n\n- Perks\/Benefits:<\/strong> Vola Finance can provide you with a loan amount of up to $300. <\/li>\n\n\n\n
- Requirements: <\/strong>To use Vola Finance you must have a bank account that is at least three months old with a balance of at least $150 and provide proof of steady income. <\/li>\n\n\n\n
- Fees:<\/strong> Fees for Vola Finance can range from $2.99 to $28.99 a month.\u00a0<\/li>\n<\/ul>\n\n\n\n
Pros<\/strong><\/p>\n\n\n\n\n- <\/li>\n\n\n\n
- They offer cash advance for unemployed people. <\/li>\n\n\n\n
- The app also comes with financing and budgeting tools. <\/li>\n\n\n\n
- Bad credit holders can also get a loan. <\/li>\n\n\n\n
- They do not ask you for a job or employment proof. <\/li>\n<\/ul>\n\n\n\n
Cons <\/strong><\/p>\n\n\n\n\n- You need to have a minimum balance account of $150. <\/li>\n\n\n\n
- High fee. <\/li>\n\n\n\n
- You will need to link your bank account with the Vola Finance app. <\/li>\n<\/ul>\n\n\n\n