Money App - Cash Advance
by PRG Ventures, Inc.
App Store
Finance
Free
4.6
Rating
13,270
Reviews
-
Downloads
32
Views
Description
Money App - Cash Advance: Cash When You Need It With No Hidden Fees.
Get up to $250 in seconds* for groceries, gas, rent, bills - and more!
- No Membership Fees
- No Late Fees
- No Fee for Standard Delivery
- No Interest
- No Tipping
- No Credit Check
- Express Delivery for as low as $4.99*
The Cash you need goes directly into your personal bank account¹ and is yours to spend right away with express delivery!*
The Money App Promise:
No Membership Fees: Unlike other companies, we don't require a membership to get a Cash Advance.
No Tipping: Tipping culture is getting out of hand. We'll never ask you for tips on your Cash Advance.
No Interest or Late Fees: We never charge late fees or interest–our payback process is flexible, so you can enjoy peace of mind.
No Credit History, No Problem: We don't run credit checks, and getting a Cash Advance won't hurt your credit score.
Disclosures:
*Same-day delivery is subject to an Express Delivery fee of $4.99-$15.99 and your debit card's issuing bank allowing this type of transfer. Standard Delivery is free and takes 1-3 business days to settle in your account.
The average approved Cash Advance is $100. Amounts range from $25-$250, and $25-$100 for first-time users. Returning users may be eligible to receive a higher Cash Advance. All Cash Advances are subject to approval. Not all returning users will qualify.
¹Not all personal bank accounts are accepted for Money App’s Cash Advance product.
Not all applicants will qualify. You need a linked debit card and a linked bank account with a history of direct deposits. Terms and conditions apply. See cash.money.app
Not available in all states.
Money App’s Cash Advance service has a 0% Annual Percentage Rate. Your available Cash Advance limit will be displayed to you in your Money App account and may change from time to time. Your limit will be based on your direct deposits, account transaction history, and other factors as determined by Money App. This service has no mandatory fees. Regular delivery is free and takes 1-3 business days to settle in your account. You may pay an optional Expedited Delivery Fee for expedited funds delivery. For a $40 Cash Advance with an Expedited Delivery Fee of $4.99, your repayment amount will be $44.99. Generally, your scheduled repayment date will be your next direct deposit date. A Money App Cash Advance is a non-recourse product; you will not be eligible to request a new advance until your outstanding balance is paid. See the Cash Advance Agreement for additional terms, conditions, and eligibility requirements.
Get up to $250 in seconds* for groceries, gas, rent, bills - and more!
- No Membership Fees
- No Late Fees
- No Fee for Standard Delivery
- No Interest
- No Tipping
- No Credit Check
- Express Delivery for as low as $4.99*
The Cash you need goes directly into your personal bank account¹ and is yours to spend right away with express delivery!*
The Money App Promise:
No Membership Fees: Unlike other companies, we don't require a membership to get a Cash Advance.
No Tipping: Tipping culture is getting out of hand. We'll never ask you for tips on your Cash Advance.
No Interest or Late Fees: We never charge late fees or interest–our payback process is flexible, so you can enjoy peace of mind.
No Credit History, No Problem: We don't run credit checks, and getting a Cash Advance won't hurt your credit score.
Disclosures:
*Same-day delivery is subject to an Express Delivery fee of $4.99-$15.99 and your debit card's issuing bank allowing this type of transfer. Standard Delivery is free and takes 1-3 business days to settle in your account.
The average approved Cash Advance is $100. Amounts range from $25-$250, and $25-$100 for first-time users. Returning users may be eligible to receive a higher Cash Advance. All Cash Advances are subject to approval. Not all returning users will qualify.
¹Not all personal bank accounts are accepted for Money App’s Cash Advance product.
Not all applicants will qualify. You need a linked debit card and a linked bank account with a history of direct deposits. Terms and conditions apply. See cash.money.app
Not available in all states.
Money App’s Cash Advance service has a 0% Annual Percentage Rate. Your available Cash Advance limit will be displayed to you in your Money App account and may change from time to time. Your limit will be based on your direct deposits, account transaction history, and other factors as determined by Money App. This service has no mandatory fees. Regular delivery is free and takes 1-3 business days to settle in your account. You may pay an optional Expedited Delivery Fee for expedited funds delivery. For a $40 Cash Advance with an Expedited Delivery Fee of $4.99, your repayment amount will be $44.99. Generally, your scheduled repayment date will be your next direct deposit date. A Money App Cash Advance is a non-recourse product; you will not be eligible to request a new advance until your outstanding balance is paid. See the Cash Advance Agreement for additional terms, conditions, and eligibility requirements.
Expert Review & Analysis
## Money App - Cash Advance: A Review
Money App - Cash Advance is a mobile application offering short-term, small-dollar cash advances to users. Its primary function is to provide quick access to funds, deposited directly into the user's bank account, for covering immediate financial needs. The app aims to differentiate itself from traditional payday loans by emphasizing the absence of hidden fees, interest, and late charges.
1. What the App Does: The app's core function is facilitating cash advances, ranging from $25 to $250, depending on user history and approval. Users can request a cash advance through the app, and upon approval, receive the funds either through standard (free, 1-3 business days) or express delivery (fee applies, same-day). Repayment is tied to the user's next direct deposit, making it a short-term solution.
2. Key Features: The app's main strength lies in its advertised transparency and lack of predatory fees. Key features include:
* No hidden fees: The app explicitly states the absence of membership, late, interest, and tipping fees, fostering trust and clarity.
* No credit check: This feature is particularly attractive to users with poor or limited credit history, broadening its potential user base.
* Fast delivery options: The availability of express delivery, though at a cost, caters to users with urgent financial needs.
* Flexible repayment: Tying repayment to the next direct deposit simplifies the process and reduces the likelihood of missed payments.
However, limitations exist. The amount available is relatively small, and approval isn't guaranteed. The reliance on direct deposit history for eligibility might exclude some users. Furthermore, the express delivery fee, while optional, adds to the overall cost.
3. Use Cases: The app is most useful for individuals facing unexpected expenses or short-term cash flow gaps. Examples include covering emergency car repairs, paying for groceries, or meeting a sudden bill before payday. It's suitable for situations requiring quick access to a relatively small amount of money. It's less suitable for larger, long-term financial needs.
4. Target Audience: The ideal user is someone with a linked bank account and a history of direct deposits, needing a small, short-term cash advance. This demographic likely includes young adults, gig workers, or individuals with irregular income who may not qualify for traditional loans. The lack of a credit check makes it accessible to those with poor credit.
5. Overall Assessment: Money App - Cash Advance presents a potentially useful service for a specific niche. The emphasis on transparency and the absence of predatory fees are positive aspects. However, the relatively small loan amounts, eligibility requirements, and the additional cost of express delivery should be considered. The 4.6/5 rating suggests a generally positive user experience, but potential users should carefully review the terms and conditions and assess whether the service genuinely meets their needs and financial capabilities before using the app. Transparency regarding the specific factors determining loan approval would further enhance user trust. While a valuable option for short-term emergencies for a specific group, it's crucial to remember this is not a long-term solution for financial difficulties.
Money App - Cash Advance is a mobile application offering short-term, small-dollar cash advances to users. Its primary function is to provide quick access to funds, deposited directly into the user's bank account, for covering immediate financial needs. The app aims to differentiate itself from traditional payday loans by emphasizing the absence of hidden fees, interest, and late charges.
1. What the App Does: The app's core function is facilitating cash advances, ranging from $25 to $250, depending on user history and approval. Users can request a cash advance through the app, and upon approval, receive the funds either through standard (free, 1-3 business days) or express delivery (fee applies, same-day). Repayment is tied to the user's next direct deposit, making it a short-term solution.
2. Key Features: The app's main strength lies in its advertised transparency and lack of predatory fees. Key features include:
* No hidden fees: The app explicitly states the absence of membership, late, interest, and tipping fees, fostering trust and clarity.
* No credit check: This feature is particularly attractive to users with poor or limited credit history, broadening its potential user base.
* Fast delivery options: The availability of express delivery, though at a cost, caters to users with urgent financial needs.
* Flexible repayment: Tying repayment to the next direct deposit simplifies the process and reduces the likelihood of missed payments.
However, limitations exist. The amount available is relatively small, and approval isn't guaranteed. The reliance on direct deposit history for eligibility might exclude some users. Furthermore, the express delivery fee, while optional, adds to the overall cost.
3. Use Cases: The app is most useful for individuals facing unexpected expenses or short-term cash flow gaps. Examples include covering emergency car repairs, paying for groceries, or meeting a sudden bill before payday. It's suitable for situations requiring quick access to a relatively small amount of money. It's less suitable for larger, long-term financial needs.
4. Target Audience: The ideal user is someone with a linked bank account and a history of direct deposits, needing a small, short-term cash advance. This demographic likely includes young adults, gig workers, or individuals with irregular income who may not qualify for traditional loans. The lack of a credit check makes it accessible to those with poor credit.
5. Overall Assessment: Money App - Cash Advance presents a potentially useful service for a specific niche. The emphasis on transparency and the absence of predatory fees are positive aspects. However, the relatively small loan amounts, eligibility requirements, and the additional cost of express delivery should be considered. The 4.6/5 rating suggests a generally positive user experience, but potential users should carefully review the terms and conditions and assess whether the service genuinely meets their needs and financial capabilities before using the app. Transparency regarding the specific factors determining loan approval would further enhance user trust. While a valuable option for short-term emergencies for a specific group, it's crucial to remember this is not a long-term solution for financial difficulties.
Screenshots
App Information
Updated
2024-03-01
Content Rating
17+
Contains Ads
No
Developer
PRG Ventures, Inc.
Price
$0.00
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