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For emergencies, such as an urgent need to make some payments in the business finances, it is always good to have readily accessible cash. There are lots of cash advance opportunities you can choose from to help you deal with emergency expenses in Hampshire.
Suppose you have an emergency, whether a medical emergency, the need to buy some necessities in the middle of the month, or simply because you need a loan until the next payday. In that case, finding the best cash advance services is imperative.
This guide will focus on how to get a cash advance in Hampshire, including the terms of each offer, such as interest rates, fees, maximum loan amount, and other features that will help you choose the right offer and get the desired money boost.
Top 10 Cash Advance Apps in New Hampshire
Beem
With Beem, an online marketplace for different kinds of loans, lenders and borrowers can choose and agree on a loan or cash advance with fast approval, acting as a bridge between them.
The applicant is not required to be checked on their credit score. In addition to providing flexibility and convenience, Beem also offers other benefits. We will examine Beem’s cash advance facility in more detail below:
Interest Rate
Beem doesn’t charge interest rates on its cash advance (Everdraft™) services.
Subscription Fees
Beem has different subscription models catering to different borrowing needs. Beem has three subscription models: $0.99 monthly, $5.97 monthly, and $12.97 monthly. These three subscription plans are divided into basic, plus, and pro categories.
How much can you get?
- Lite Plan: You can access up to $50.
- Pro Plan: You can access up to $1,000.
- An instant transfer fee of $1 to $4 may apply on top of the subscription cost.
Features
We offer a user-friendly mobile app, Bank transfer, and direct debit to your account. No credit check is required. No income restrictions are imposed when getting the advance. No last due dates are imposed. Quick approval process.
Pros
A significant advantage is the relatively short time it takes to complete the cash advance process. Flexible repayment options, Transparent and simple pricing, and the ability to easily compare plans.
Albert
Albert is an easy-to-use financial management application that provides cash advances with no interest without signing up for a fixed subscription. Let us see more about Albert’s cash advance services below:
Interest Rate
Albert does not charge any interest rate on the borrowed amount.
Subscription Fees
Albert has an optional Genius features subscription at the extra cost of $14.99 per month.
How much can you get?
The cash advance amount is up to $1,000, subject to eligibility.
Features
No credit check is required. Offers expense management, personal finance calculators, and provides financial counseling.
Pros
No interest rate is charged. Offers ease of cash withdrawal. Provides beneficial financial instruments.
Cons
The loan amount might not be ideal for all customers. In addition, the company charges an additional cost for the smart banking package.
Also Read: How to Get a Cash Advance from Albert?
ONE@Work (formerly Even)
ONE@Work, formerly known as Even, offers advances on wages with no interest repayments, allowing efficient financial management before payday. Let us see more about ONE@Work’s cash advance services below:
Interest Rate
ONE@Work does not charge any interest rate on the borrowed amount.
Subscription Fees
ONE@Work is an employer-sponsored benefit. Individual users may require a monthly subscription, but the blog’s listed price is now outdated.
How much can you get?
ONE@Work offers a feature, which allows eligible users to receive a cash advance of up to 50% of their earned but unpaid wages, based on hours worked, pay rate, and expected deductions. The availability of cash advances is dependent on the pay cycle.
Features
Offers financial wellness to the users, provides employee benefits, and offers tools for better financial planning.
Pros
No interest rate is charged on the loan amount. The company offers different modes of facilitating payment and handling payments.
Cons
Employer involvement is mandatory for optimum benefits. If not employer-sponsored, users must pay subscription fees.
InstaPay
InstaPay allows timely cash loans to employees depending on their earned wages and does not charge interest or subscription fees for its services. Let us see more about InstaPay’s cash advance services below:
Interest Rate
InstaPay does not charge any interest rate on the borrowed amount from its customers.
Subscription Fees
Customers do not have to pay any subscription fee to use the app.
How much can you get?
The cash advance a customer can borrow depends on the earned wages.
Features
Offers quick emergency wage advances and cash loans. There are no credit checks required. Offers immediate payment transfers.
Pros
Impose zero app cost, Free from any hidden finance charges. Offers the flexibility of accessing wages as soon as they are earned.
Cons
The customer can only borrow money depending on the integration with the employer, and the amount borrowed is limited to the amount of earned wages.
Chime
Chime is a financial technology company that offers a suite of digital banking services, including two features that provide early access to funds: MyPay and SpotMe. MyPay is a line of credit that gives eligible users a cash advance on their upcoming paycheck, while SpotMe provides a safety net for unexpected overdrafts. Let’s see more about Chime’s offerings below:
Interest Rate
Chime does not charge any interest rate on the borrowed amount from its customers.
Subscription Fees
Customers do not have to pay any subscription fee to use the app.
How much can you get?
- Â MyPay: Eligible users can get a cash advance ranging from $20 to $500 per pay period.
- SpotMe is a fee-free overdraft service that allows users to overdraw their accounts up to $200 on debit card purchases and cash withdrawals.
Features
- Offers early direct deposit
- MyPay provides a line of credit for a planned cash advance
- SpotMe offers a fee-free overdraft service
- There are no hidden fees.
Pros
- There are no hidden charges
- One can have access to cash immediately
- Offers both a planned cash advance and an overdraft safety net.
Cons
The cash advance and overdraft limits offered to customers can be low, and they are only accessible to Chime account users.
Also Read: Does Chime Give You Free Money?
Varo Money
Varo Money is a virtual bank that allows users to borrow short-term cash advances with no interest. Let us see more about Varo Money’s cash advance service below:
Interest Rate
Varo Money does not charge any interest rate on the borrowed amount from its customers.
Subscription Fees
Customers do not have to pay any subscription fee to use the app.
How much can you get?
Customers can borrow up to $500.
Features
There are reduced credit check offers, immediate access to funds, and no banking service fees.
Pros
- There is no interest or fees.Â
- The money can be accessed quickly through the quick application process.Â
- Helps users build credit scores.
Cons
Varo Money offers small loans that are accessible only to customers with Varo accounts.
Possible Finance
Possible Finance offers short-term small loans for emergencies, focusing on credit score improvement and more reasonable repayment options. Let us see more about Possible Finance’s cash advance service below:
Interest Rate
The interest rate varies but commonly ranges from a high APR.
Subscription Fees
Possible Finance does not charge any subscription fees for its services.
How much can you get?
Customers can get a cash advance of up to $500.
Features
Users can easily access the credit-building service. There are no credit checks. Offers a flexible payback facility.
Pros
Help fix the credit history. Offers fast approval. There are no hidden charges and no early repayment fee.
Cons
The interest rates are relatively higher; there can be additional charges, and the loans offered are usually small.
SoLo Funds
SoLo Funds is an application that connects people who need money (with a desire to borrow money for any purpose) with others willing to lend them money, mostly in small portions with custom conditions. Let us learn more about Solo Fund’s cash advance services.
Interest Rate
Interest is determined by the specific lenders, with an average cost of 17% (including tips and donations) and a maximum of 36%.
Subscription Fees
SoLo Funds does not charge customers any subscription fee for using the app.
How much can you get?
Users can borrow a cash advance of up to $1,000.
Features
It offers instant money transfer, repayment rigidity, and a high acceptance rate.
Pros
Offers a high amount of funding, has flexible loan agreements, offers a people-to-people approach, and has relatively low interest rates.
Cons
Interest rates vary depending on the availability of the lender or specific institution.
Lenme
Lenme helps borrowers find investors who can provide funds with reasonable interest rates and credit amounts. Let’s learn more about Lenme’s cash advance services.
Interest Rate
It depends on the lender/agency. The minimum APR is 3%, but it can vary significantly.
Subscription Fees
The blog’s information is incorrect. Lenme does not charge borrowers a monthly subscription fee.
How much can you get?
Grants can reach up to $5,000 depending on the investor’s policies.
Features
Offers investor-based rates. Interest rates are competitively priced. Usually available in varied amounts, it is suitable for various users.
Pros
Helps build credit scores easily. Offers flexibility in loan terms. Provides quick financing.
Cons
Lenme can impose monthly charges or penalties. In addition, it has fluctuating interest rates and is subject to investors’ approval.
Avant
Personal Loans: Avant is a reputable and accredited lender that provides consumers with personal loans at relatively low interest rates and flexible forms of repayment that suit almost all consumers, regardless of their credit score. Let us see more about Avant’s offerings below:
Interest Rate
The interest ranges from 9.95% to 35.99% APR.
Subscription Fees
The blog’s information is incorrect. Avant’s services do not charge subscription fees. Instead, an administration fee of up to 9.99% is charged, which is deducted from the loan proceeds.
How much can you get?
That loan ranges from as low as $2,000 to as high as $35,000.
Features
Offers fast approval. Provides an enhanced cash repayment period. There are no prepayment charges.
Pros
They offer low interest rates and very friendly loan terms compared to other apps. Users can get large sums of money.
Cons
Avant might charge a higher percentage rate on lower credit scores, which increases the possibility of attracting additional fees.
Conclusion on Cash Advance Apps in New Hampshire
Lastly, it is only advisable to determine which is the best cash advance to take in Hampshire, considering several factors, including interest rates, subscription fees, loan amounts, and other special offers.
From occasional interest-free boosts from Beem, Chime, and Albert to larger and healthier credit from Avant, Lenme, and other similar sites, there are more than enough credit types to fill every need.
A comparison of the advantages and disadvantages of each service will allow you to choose the most appropriate option for a cash advance to deal with any unforeseen circumstances in your life.
