10 Apps Like Brigit In 2023 [Top Brigit Alternatives]

Cash advances can be a lifesaver for those who need funds before their next paycheck. Apps like Brigit have become increasingly popular, offering advance paychecks and other cash advance options.

However, Brigit isn't the only option out there. In fact, there are plenty of other apps like Brigit that offer similar services and features. These cash advance alternatives can provide better rates, more flexibility in repayment options, and help with money management and budgeting.

In this blog post, we'll explore some of the best apps like Brigit and also Brigit alternatives available today to help you find the right fit for your financial needs.

What Is Brigit?

Brigit is a mobile application that offers payday advances and credit-building features to help individuals manage their finances. The app allows users to access cash advances before their next paycheck, providing them the funds to cover unexpected expenses or bills.

Additionally, Brigit offers budgeting features to help users better manage their money and avoid overdraft fees. The app charges a monthly fee to access its cash advance and credit-building features.

Zuben Mathews is the CEO and co-founder of Brigit, a financial technology company that aims to provide affordable financial solutions for people living paycheck to paycheck.

Service Provided by Brigit

Brigit understands the struggles of managing finances and avoiding pricey fees, so they have crafted many services to provide relief. Here's what they provide:

Advance Paycheck:

Brigit's Advance Paycheck is a prime feature of the app that offers users access to up to $250 in cash advance before their payday. To qualify for this service, users must have a Brigit score above 70, determined by their income, banking history, and spending history.

The scores range from fair (70-80) to excellent (90-100). Users must pay a monthly fee of $9.99 to access this service. If Brigit detects a shortage in the user's bank account before payday, it will automatically deposit the cash advance.

Repayments are then automatically deducted after payday. However, if users want to extend the due date, they need to pay a penalty fee. This service might be suitable for those who occasionally need cash advances.

Credit Builder Loan

Brigit's Credit Builder Loan allows users to build their credit score while gaining access to funds. Users benefit from having their payments reported to three major credit bureaus, which helps establish a positive payment history and increases their credit score over time.

The loan works by depositing funds into the user's Credit Builder account, which they can use as needed. Monthly payments are required for 24 months, which are reported to the credit bureaus.

Brigit's Credit Builder Loan is an excellent way for users to improve their financial health while accessing much-needed funds in need.

Credit Monitor:

Brigit's Credit Monitor is an essential feature that helps users stay on top of their credit scores. This feature alerts users when their credit score is low and notifies them of any factors affecting it.

By providing users with real-time updates, Brigit's Credit Monitor allows them to take proactive steps to improve their credit scores and financial health.

With this feature, users can keep track of their credit history and identify any potential issues before they become major problems.

Pros And Cons Of Brigit:

As you consider using Brigit, it is important to keep in mind the pros and cons that come with this app. That way, you can make an informed decision as to whether or not it's the right fit for your needs.

Pros:

• 250$ cash advance, automated advance in some scenarios.
• Budge tracking is available.
• Credit building tool available with identity theft protection.

Cons:

• Accesses your bank account.
• 9.99$ fee is needed, which is higher than its competitions

List Of 10 Apps Like Brigit: Top Brigit Alternatives

Now that you have considered the benefits and drawbacks of Brigit, it's time to look into other viable options. Investigate these 10 alternatives to make an informed decision:

Dave

The Dave app is a mobile banking service that, for the modest fee of just one dollar per month, provides borrowers with access to cash advances of up to 500 dollars.

In addition, customers can pay anywhere from $1.99 to $13.99 for tracking their spending and budgeting tools that are made available to them.

The date on which the borrower will begin repaying the cash advance loan is established at the time that the loan is taken out, making it a convenient alternative for borrowers who require additional funds to cover unforeseen bills or who need to bridge the gap between paychecks.

Other tools, such as monitoring of checking accounts and a budgeting tool, are provided for consumers as a means of assisting them in the effective management of their financial affairs. For these features, it comes in number one in the list of 10 apps like Brigit.

Pros:

• Cheaper than an overdraft fee.
• Very low or no free way to get cash advance.

Cons:

• Accesses your bank account.
• This may lead to an unhealthy borrowing account.

MoneyLion

The MoneyLion app is a mobile financial service that enables customers to obtain cash advances of up to $250 quickly and easily. In exchange for a fee that might range anywhere from $0.49 to $5.99, account holders can have the monies deposited into their accounts within two business days.

If you do not already have a MoneyLion account, you must pay a fee ranging from $1.99 to $8.99 to get your money within five business days.

Because the user's obligation to repay the cash advance is already established when the loan is taken out, it is much simpler for them to make appropriate financial preparations.

If you want to get a cash advance from MoneyLion, you need to have a checking account that can be verified and that you own. This information will be verified by public records.

Pros:

• No minimum credit score.
• Get money quickly.
• Positive customer feedback.

Cons:

• Not available for those who have irregular income.
• Low loan amount.

Earnin'

Earnin is a mobile application meant to help customers bridge the financial gap between paychecks by providing them with cash advances ranging from $100 to $750. Earnin' does not require any necessary fees from its users, unlike many of its competitors, such as Brigit.

Instead, Earnin' lets its users determine how much of a tip they would want to give. Individuals who are in urgent need of funds have the option of selecting Quick Cash Out and agreeing to pay a fee of up to $3.99 to retrieve their money in a matter of minutes.

If they select the default Cash Out option, they will receive their money within two business days and will not be subject to any costs. Those who do not have access to regular bank accounts may find that Brigit is a suitable alternative to meet their financial needs.

Pros:

• Fast funding with no mandatory fees.
• No credit check is required.

Cons:

• It accesses your bank account.
• This may lead to poor financial decisions.

Chime

Chime is a financial technology company offering low-cost banking services, including access to an advance paycheck. Members may qualify for a cash advance starting from $100, and depending on their payroll cycle, they may be eligible for a more significant amount.

When the loan is due, it will be automatically deducted from your account with no extra fees or interest charges.

In addition to the advance paycheck service, Chime offers Instant Loans up to $500, Spot Me overdraft protection up to $200, and the Chime Credit Builder, which helps members build their credit score without charging fees or interest.

To take advantage of all that Chime offers, you must be a member and have an active bank account set up with them. It is the most reputed platform in the list of top 10 best apps like Brigit.

Pros:

• Early access to paycheck.
• Free overdraft protection up to 200$ through Spot Me.
• It can be used to build credit.

Cons:

Loan amounts are not that much higher.

You must be using a checking account from Chime.

High ARP in instant loans.

Floatme

Floatme is a mobile application that allows users to obtain cash advances of up to fifty dollars quickly and easily. Their membership price is $1.99 monthly, granting access to their Stash and overdraft alerts.

There are no further fees or interest charged on cash advances. To be eligible for the services offered by Floatme, you need to have a minimum income of at least $200 every paycheck and direct deposits from your job.

Floatme is an excellent alternative for people searching for a rapid and low-cost method to get their finances because it provides immediate funding and does not charge interest on cash advances.

Pros:

• No credit checks are required.
• Free trial types.
• Overdraft alerts and automatic savings.

Cons:

• No contact information is available on the website.
• Low paycheck advance amount.
• Doesn't improve your credit.

Albert

You may maximize the value of each paycheck with the assistance of a fantastic financial instrument known as Albert. You'll have access to automated savings, cash advances against your income, insurance options, reviews, and even human advisors if you use the platform provided by Albert.

There is no need for you to be concerned about having to wait until your next paycheck since Albert will pay you two days early, plus you may be qualified for a payroll advance of up to $250 with no interest charged.

When deposits are made within three days of receiving money, this is an excellent method for getting one's financial life in order.

Pros:

Overall view of your financial behaviors.

Major bank-level security.

Reviews your budget and gives you insights to increase savings.

Cons:

• Investment plans do not include any retirement plan.
• Customer service can only be reached via email and text.

Cleo

Cleo is a breakthrough software that may give you a cash advance of up to $100 without performing credit checks and charging you any interest. Cleo does not simply stop there; in addition, it provides a tool for budgeting as well as a function for managing money.

You have to be a subscription to Cleo, which costs just $5.99 per month, to get access to their paycheck advance. If you aren't a subscriber, you won't have access to it. Cleo gives customers the option of gaining fast access to their funds for an additional price of just $3.99.

This service is available even though the funds may not be received for a few days. With Cleo, you can get your money quickly and painlessly.

Pros:

• No credit checks are required.
• Cheap subscription fee.
• Available to customers with limited incomes.
• An additional feature of money management and budgeting tool.

Cons:

• Cash advance service requires a subscription.
• Low cash advance amount.
• Funds can be received a few days later.

Possible

Those needing financial assistance can get a short-term payday loan through the "Possible" app. Most of these payday loans have a repayment term of no more than eight weeks, and the minimum amount that may be borrowed is $100.

The maximum amount that can be borrowed is $500. However, the annual percentage rate (APR) for these loans can range anywhere from 150% to 200%, which is extremely expensive and indicates that they should only be utilized in extreme circumstances.

To be eligible for one of their payday loans, you need to have a bank account that allows direct deposits and a monthly salary that is at least $700 higher than the minimum required by the lender.

Pros:

• No credit checks are required.
• Quick access to cash.
• Easy application process with no paperwork.

Cons:

• Extremely high-interest rates.
• Limitations on loan terms and amounts.
• Must have a job and bank account with direct deposits to qualify for a loan.

Vola

Vola is a cash advance app providing users with up to $300 of quick, no-interest funding. To qualify for this service, users must have had a bank account for at least 3 months and maintain an average balance of over $150.

Additionally, your income and deposit activity must demonstrate active use most days of the week. Other services offered by Vola include instant cash advances, virtual cash advances, and spending insights. Finally, Vola charges its users a monthly fee that ranges from $2.99 to $28.99, depending on their needs.

Pros:

• No credit check is required.
• No interest is charged.
• Quick access to cash.
• Available for all users with a minimum 3-month history of banking activity.
• Notification when the bank balance is low.
• Financial literacy tools.

Cons:

• Low maximum advance amount of $300.
• Monthly fee for services.
• Limited access to cash advances if bank activity is less than usual.
• Minimum bank balance required.

DailyPay

DailyPay is a terrific service for people who require access to a larger advance than what other cash advance services are able to supply for them.

You will have access to one hundred percent of the wages you have been given throughout a pay period when you use DailyPay, and you will be able to transfer these monies either immediately or by the following business day.

Before releasing a user's funds, DailyPay will first deduct any applicable taxes and other withholdings. This is done to assist in preventing users from going into debt. The sole prerequisite for using this service is for your employer to provide access to it.

Pros:

• No social security number is required.
• No credit check is required.
• 100% of wages can be transferred.
• Tax deductions and other withholdings are taken care of before releasing funds.
• Immediate or next business day access to cash advances.

Cons:

• Your employer must be a DailyPay partner.
• Negative customer feedback.
• Unreachable customer services.

FAQ About Apps Like Brigit

Conclusion:

While searching for a cash advance app, it is essential to consider the perks and drawbacks of each service in light of your specific requirements. Whether you have limited banking activity or need rapid access to funds, certain services may provide a solution that is more suitable for your situation than others.

Some may be more suitable than others for those who have higher incomes and larger bank balances and who are in need of abilities to manage their money over the long term better.

If you look through the list of the top 10 best apps like Brigit we have provided, you will have no trouble finding the company that can meet your requirements for a cash advance.