How to Borrow $50 Instantly: The “I Need Fifty Bucks Now” Guide

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You need to borrow $50 instantly.

It doesn’t matter if it’s a $50 loan, a $50 cash advance, or finding $50 in the pocket of your jeans… actually, we can’t help with that one.

But we can show you how to borrow $50 instantly AND without paying overdraft fees.

Even better, we’ll show you three different ways to put $50 in your pocket fast so you’re in control of your money and avoid the headaches and financial stress that come with being short on cash without a safety net.  

Best of all, some of these solutions have low or no fees. This sure beats the high cost of bank overdraft fees, which can quickly climb past $100 a day just for making a few small purchases while your checking account has a negative balance.

Millions of Americans live paycheck to paycheck right now (you might be the same). So whether you’re a little short before payday, facing unexpected expenses, or want to splurge a little on a well-deserved purchase, here are three solutions when you need $50.

What we’ll cover:

woman holding empty wallet

“I need $50 before payday” = Use an early paycheck app

Best For: Accessing your paycheck before payday 

You may work five days a week (or more), but you only get paid every two weeks. There are definitely some weeks where getting paid faster would come in handy. Early paycheck apps do exactly that by getting you the money you’ve already earned but haven’t been paid for yet.

For example, let’s say you get paid every two weeks. You’re still a few days short of payday but an overdue bill is going to sting you with late fees unless you settle it today. Using a cash advance app, you can use your next paycheck to access the funds you need today, often at an unbeatable price – with $0 fees.

You can cover your urgent expenses. And your early paycheck app will automatically deduct the amount you borrowed from your next direct deposit. This means you don’t have to follow up or keep track of what you owe.

We Recommend: Earnin

Of all the apps that loan you money instantly until payday, we recommend Earnin for a $50 early paycheck cash advance.

You can create an account with Earnin in just a few minutes. Then, access up to $100 as soon as you verify your account.  As you build up your account history, Earnin will give you access to up to $100 per day and $500 per pay period!

Earnin allows you to cash out your wages anytime before payday. Your borrowed amount is automatically deducted from your next paycheck. This is perfect for covering expenses in between payment cycles, as you can access funds multiple times per pay period and have them deposited directly to your checking account in minutes. Best of all Earnin is linked to your existing bank account, so you don’t need to go through the inconvenience of changing your direct deposit to a new bank. Plus, there’s no credit check, either!

Plus, there are no mandatory fees with Earnin and no charge for the cash-out feature. Instead, Earnin will ask you to make a voluntary tip to help support the service. Whether you tip or how much is up to you. No tip is also perfectly acceptable and won’t impact your ability to make further cashouts.

Explore Earnin (it’s free to use with no mandatory fees ever)

ProsCons
✔ Get up to $100 as soon as your account is set up✘ “Voluntary” tips can encourage you to overpay
✔ Access up to $500 per pay period with no fees!✘ Requires bank account & employment info
✔ No direct deposit
✔ No credit check
Earnin App

“I need $50 but my account is empty” = No fee overdrafts from a neobank

Best For: Handy banking features with no fees and multiple ways to quickly get extra cash

Need to borrow fifty dollars from a cash app because your account balance is dangerously close to zero?

We’ve all been there. 

Maybe bills are due (and dishonor fees are around the corner). Maybe you need to make an urgent purchase but there’s a big, fat $0.00 in your account. That’s where a new breed of financial apps called ‘neobanks’ can help you borrow $50 instantly.

These instant loan apps offer all of the most popular features of a bank – plus some exciting new ones – directly from your phone. This can include the ability to access your paycheck a few days before payday and to make overdrafts with no fees. 

Compare this to most banks that charge $35 or more for transactions when your account goes negative, and you can quickly incur over $100 in fees per day with just a few small purchases.

We Recommend: Current

We recommend Current for a $50 cash advance because it can give you up to $200 in no-fee overdrafts, the ability to access your paycheck two days early, and no account fees, once you set up a qualifying direct deposit to your Current account.

Current has some other great features too, like cashback rewards at popular stores and restaurants including Rite Aid, Family Dollar, Forever 21, and Burger King. Managing your money with Current is convenient and easy, with access to thousands of no-fee ATMs and the ability to cash checks right from your phone.

Explore Current (Sign up in 2 minutes)

ProsCons
✔ Fee-free overdrafts up to $200✘ Direct deposit to qualify
✔ Get paid two days faster✘ Initial overdraft limit of $25
✔ Cashback at popular retailers
Current app

“I need $50 and probably more” = Get a quick loan

Best For: Accessing larger amounts of cash or for those without a regular paycheck

If you need $50… and probably more, then your best bet is a short-term loan.

Thankfully, the days of putting on your best suit and heading into the bank to apply for a loan are long gone. There are 16,000 Google searches for ‘$50 instant loan app’ every single month. So you’re not on your own in wanting a loan that offers the fifty bucks you need (plus extra in reserve).

Thankfully, instant loan apps make it possible to apply from the comfort of your own home (even if your credit isn’t great), get approval in minutes, secure an instant $50 loan, and plenty more to help you get the funds you need and avoid overdraft fees.

We Recommend: PockBox

Pockbox provides up to $2,500 in minutes with simple online forms that can be completed in less than 5 minutes.  PockBox will instantly shop around your application to multiple lenders and present you with the best loan offers that you qualify for right away.

In most cases, the funds you need (whether it’s a $50 loan or something more substantial) are available in your account within 1 business day. That’s how you avoid the sky-high costs and potential damage to your credit score that comes from missing or bouncing important bill payments.

Explore PockBox (get up to $2,500 fast)

ProsCons
✔ Access up to $2,500 fast✘ Must have regular income to qualify
✔ Get approved for a $50 loan in minutes✘ Funds take 1 business day
✔ No fees or charges to apply
Pockbox Ap

Final thoughts and what to do next…

One of the most common reasons Americans fail with their money is that they don’t understand it. This isn’t because they’re naive, but because they don’t fully understand their options.

But ignorance isn’t bliss. 

When you need to borrow $50 instantly, it’s no good to bury your head in the sand or start texting your friends and family to Venmo you cash right away. To stay on top of your money in the long term, you need to stay on top of your options.

Using the instant cash options in this guide won’t just put $50 in your pocket to help you cover expenses and pay your bills. You’ll also be helping your future self. Whether opting for a $50 cash advance app, a $50 fee-free overdraft, or a $50 loan from an instant app with no direct deposit, savvy Americans don’t leave their finances until tomorrow – they start today.

So, which option are you going to use to put $50 in your pocket?

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