Cash advance app ratings methodology

Finder’s cash advance app experts assess apps across seven key categories to help you objectively evaluate a cash advance app’s overall perks and suitability for your unique needs.

The seven categories we measure are:

1. Interest and fees
2. Loan amounts
3. Repayment terms
4. Speed
5. App availability and reputation
6. Eligibility requirements
7. Credit building

Data collection

We collect data manually through online research and from providers directly.

Category weightings

We weigh each metric based on factors we believe are most important to customers looking for a good cash advance app. Cash advance apps earn a score in each category and then an overall score based on the weightings detailed on this page.

1. Interest and fees: 35%
2. Loan amounts: 20%
3. Repayment terms: 15%
4. Speed: 10%
5. App availability and reputation: 8%
6. Eligibility requirements: 7%
7. Credit building: 5%

Scoring and rating

Wondering how we work out Finder Score? We look at five cash advance apps and we compare them against each other to get our simple score out of 10. Metrics like interest rates, fees, loan amounts and repayment terms are weighted and added to come up with individual Finder Scores.

Cash advance apps are evaluated on the seven key categories outlined on this page. These categories are broken down into 20 different data points.

• 9+ Excellent – The crème de la crème of cash advance apps. These products offer the best mix of cash advance app features across the seven categories.
• 7+ Great – The mix of features across categories is great but not optimal.
• 5+ Satisfactory – Typically average in the features department.
• Less than 5 – Basic – The least competitive in terms of features.

Data points

Data points are weighed differently, depending on their importance. Examples of data points we look at when comparing cash advance apps include the following:

• Interest rates
• Subscription fees
• Instant funding fees
• Loan amounts
• Loan terms
• Funding speed

No single cash advance app will be the best choice for everyone, so thoroughly compare your options before picking an app.

Written by

Leanne Escobal

Senior Publisher

Leanne Escobal is a senior publisher at Finder with more than 13 years of experience in financial products and services, with a focus on content strategy and marketing. She has completed the Canadian Securities Course (CSC®) as well as the Personal Lending and Mortgages course through the Canadian Securities Institute. Leanne holds a Bachelor of Arts (Honours) in English literature and creative writing from Western University. See full bio

Leanne's expertise

Leanne has written 185 Finder guides across topics including:

• Personal Loans
• Car Loans
• Business Loans
• Short-Term Loans
• International Money Transfers
• Make Money Online