Apps like MoneyLion

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This article reviews apps like MoneyLion, and especially MoneyLion Plus, launched in early 2018. After reviewing MoneyLion Plus and going over MoneyLion reviews, we thought that we should suggest similar alternatives to their service. While we do like their app a lot (find it here on iOS or Android), we know that many people want to check out the competition.
RainyDay is an online lender app that allows you to borrow relatively high amount compared to MoneyLion. With RainyDay, you can get approved for up to $2,500 in a few minutes (and as low as $100). This app isn’t as heavy as other apps (such as ML), which requires to connect to your bank account. No monthly subscription here, just a loan and its repayments.While you can get approved quite fast, make to know your APR and the terms, as with any financial product. To start the approval process, click here.
rainyday lending
RainyDay app
Earnin is a great paycheck advance app available on iOS and Android. It allows you to get paid before payday. You do have to upload your timesheet in order to prove that you worked enough hours. Many people love Earnin as it is free! No monthly fee, or interest rates. They only ask for voluntary tips.Earnin is ideal compared to MoneyLion Plus if you are working and you are fine with uploading your timesheets. Although MoneyLion won’t require to upload your timesheet to get a cash advance, it does cost $29/ month (for the cash advance service among other services).
earnin overdraft app
Earnin Overdraft App

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The Avant app will let you borrow up to $35,000 (and as low as $2,000) at a very cheap rate! Their maximum APR is 36%. The application process is sleek and takes only about 5 minutes. Avant is a lender, not a money advisor app such as MoneyLion. The good side: there are no monthly fees to paid to be able to borrow (like with MoneyLion Plus); you will only need to pay the monthly payments.

Avant is a highly trusted lender in the U.S. – they issued more than $3 billion in loans so far. You should definitely check them out if theses amounts of cash are not too high for your needs.

avant app
Avant app

Dave is a friendly app that let you borrow up to $75 until your next paycheck. Available only on Android and iOS (and not through a web browser), Dave costs $1/ month even if you don’t borrow anything. But don’t worry, the cash advances are interest-free (kind of). 

If you are looking for very small amount multiple times a year, Dave is a great solution compared to MoneyLion Plus (which will cost you $29/ month in order to borrow $500 at a low interest rate).

Dave app logo
Dave Overdraft App

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HonestLoans will get you money very quickly (about a 5-minute application process). It is an aggregator that is connected to a dozen of lenders and will, according to your financial background and request (you can ask between $100 and $2,500), let you borrow money. Unlike MoneyLion Plus, you don’t have to pay any monthly fees in order to get access to money. However, the HonestLoans app is not a financial planner – just a cash advance app.

It is a great solution if you need cash quickly. As with any app dealing with money, just be aware of the conditions before they transfer you the money. You should check out their website here.

HonestLoans app
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Apps like MoneyLion
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Apps like MoneyLion
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Are you looking for apps like MoneyLion Plus because you like their cash advance service? Find out about the apps that proposes similar services for much cheaper! This is everything you should know before signing up and paying MoneyLion's high monthly fees.
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OverdraftApps.com
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About Author

Johnathan has been an editor for financial blogs and magazines for over 10 years, and now serves as the Chief Editor and Founder of OverdraftApps.Com. He holds a B.A. and M.A. in Economics.