Apps like solofunds are a great way to get the cash you need when you are in a pinch. Whether you need to cover an unexpected medical expense or make up for that extra payment on your rent, these apps can help you out.
One of the best options is Possible Finance, an app that allows you to borrow money based on your current bank account balance and credit score. They offer a variety of apps like solofunds loans, and many of them have no interest or fees associated with them. The app also has a money-back guarantee if you aren’t satisfied with your experience.
Another option is Zirtue, which is a new social lending platform that allows people to lend money to friends and family without the need for a loan agreement. The app uses blockchain technology to create a decentralized application that makes it easier for people to share their funds with others.
This app offers loans up to $40,000, but its average loan is around $3,000. Its ‘Auto Invest’ tool lets you automatically allocate your investments based on changing market trends. You can also track your progress and invest your money at any time.
This is a non-profit organization that uses internet technology to connect people who need loans with those who want to loan them. Its goal is to improve access to financial services and encourage small business development.
This is another app that helps you find a good lender with a wide range of options, including holiday loans and short-term personal loans. The app also lets you browse and compare borrowers’ ratings.
The app works by allowing borrowers to request a loan and lenders to contest the loan request. Lenders earn tips if the loan is paid back on time, and borrowers can also choose to cancel their loan if they aren’t satisfied with the terms.
Brigit is backed by celebrities, including Kevin Durant and Ashton Kutcher. The app offers up to $250 in instant cash advances and has high ratings on the Apple and Google app stores.
A great alternative to payday loans is the Hundy app, which lets you deposit money from people across the country. The app is free to download and is a quick way to get a deposit advance. Once you’re a member, you can get points for receiving advances and level up through five status levels.
For a convenient alternative to payday loans, consider Chime, which gives you access to a home equity line of credit with low interest rates and flexible terms. You can choose to repay the loan in three or five years.
SoLo Funds is a peer-to-peer loan marketplace that provides an alternative to payday loans. Its borrowers aren’t tied to employees’ paychecks, and they can borrow or lend up to $500 on their own terms, with no interest rates.
They also charge a 10% fee if you don’t pay the loan back in full by the time it’s due. They also don’t report your repayments to the credit bureaus, so you won’t have a negative impact on your credit score.