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Loans like Lendly

Find 10 loans like Lendly, some with quicker access to cash and no interest.

Lendly offers quick loans from $1,000 to $2,000 to employees on a payroll system in certain states. Loans can be funded as soon as 24 hours, with repayments coming out of future paychecks. While Lendly doesn’t charge any fees, its loans accrue interest daily, and APRs can run as high as a typical payday loan.

With Lendly’s potentially high APRs and limited state availability, these alternatives to Lendly could save you money, while offering higher borrowing amounts and more flexibility.

Our 9 top picks for loans like Lendly

Alternative for budgeting tools

Cleo

4.1
★★★★★

Finder score

Go to site Read review
Loan amount$20 - $250
Turnaround time3 to 4 days or instant for a fee.
Costs$5.99 monthly membership fee to access cash advances
  • Available in all states

Alternative for fair credit

Best Egg personal loans

3.8
★★★★★

Finder score

Go to site Read review
Min. credit score640
APR7.99% to 35.99%
Loan amount$2,000 to $50,000
  • Not available in: Iowa, Vermont, West Virginia
*Trustpilot TrustScore as of December 2022. Best Egg loans are personal loans made by Cross River Bank, a New Jersey State Chartered Commercial Bank, Member FDIC, Equal Housing Lender or Blue Ridge Bank, N.A., Member FDIC, Equal Housing Lender. The Best Egg Credit Card is issued exclusively by First Bank & Trust, Member FDIC, Brookings SD pursuant to a license by Visa International. Visa is a registered trademark, and the Visa logo design is a trademark of Visa International Incorporated. “Best Egg” is a trademark of Best Egg Technologies, LLC. Offers may be sent pursuant to a joint marketing agreement between Cross River Bank, Blue Ridge Bank, N.A. and/or First Bank & Trust and Marlette Marketing, LLC, a subsidiary of Best Egg, Inc.

The term, amount, and APR of any loan we offer to you will depend on your credit score, income, debt payment obligations, loan amount, credit history and other factors. Your loan agreement will contain specific terms and conditions. About half of our customers get their money the next day. After successful verification, your money can be deposited in your bank account within 1-3 business days. The timing of available funds upon loan approval may vary depending upon your bank’s policies. Loan amounts range from $2,000– $50,000. Residents of Massachusetts have a minimum loan amount of $6,500 ; Ohio, $5,001; and Georgia, $3,001.

For a second Best Egg loan, your total existing Best Egg loan balances cannot exceed $100,000. Annual Percentage Rates (APRs) range from 8.99%–35.99%. The APR is the cost of credit as a yearly rate and reflects both your interest rate and an origination fee of 0.99%–8.99% of your loan amount, which will be deducted from any loan proceeds you receive. The origination fee on a loan term 4-years or longer will be at least 4.99%. Your loan term will impact your APR, which may be higher than our lowest advertised rate. You need a minimum 700 FICO® score and a minimum individual annual income of $100,000 to qualify for our lowest APR. For example: a 5‐year $10,000 loan with 9.99% APR has 60 scheduled monthly payments of $201.81, and a 3‐year $5,000 loan with 7.99% APR has 36 scheduled monthly payments of $155.12. To help the government fight the funding of terrorism and money laundering activities, Federal law requires all financial institutions to obtain, verify, and record information that identifies each person who opens an account. What this means for you: When you open an account, we will ask for your name, address, date of birth, and other information that will allow us to identify you. We may also ask to see your driver’s license or other identifying documents. Best Egg products are not available if you live in Iowa, Vermont, West Virginia, the District of Columbia, or U.S. Territories. TO REPORT A PROBLEM OR COMPLAINT WITH THIS LENDER, YOU MAY WRITE OR CALL–Operations Manager, Email: crt-resolutions@bestegg.com, Address: P.O. Box 42912, Philadelphia, PA 19101, Phone: 1-855-282-6353. This lender is licensed and regulated by the New Mexico Regulation and Licensing Department, Financial Institutions Division, P.O. Box 25101, 2550 Cerrillos Road, Santa Fe, New Mexico 87504. To report any unresolved problems or complaints, contact the division by telephone at (505) 476-4885 or visit the website https://www.rld.nm.gov/financial-institutions/

Alternative for college grads

Upstart personal loans

4.2
★★★★★

Finder score

Go to site Read review
Min. credit score300
APR7.40% to 35.99%
Loan amount$1,000 to $50,000
  • Not available in: Connecticut, Iowa, Maine, Maryland, Nevada, New York, Oklahoma, Oregon, West Virginia

Alternative for bad credit

OneMain Financial personal loans

3.4
★★★★★

Finder score

Go to site Read review
Min. credit scoreNot specified
APR18% to 35.99%
Loan amount$1,500 to $20,000
  • Not available in: Alaska, Arkansas, Connecticut, Massachusetts, Rhode Island, Vermont
* OneMain Disclosures:

Not all applicants will be approved. Loan approval and actual loan terms depend on your ability to meet our credit standards (including a responsible credit history, sufficient income after monthly expenses, and availability of collateral). If approved, not all applicants will qualify for larger loan amounts or most favorable loan terms. Larger loan amounts require a first lien on a motor vehicle no more than ten years old, that meets our value requirements, titled in your name with valid insurance. Loan approval and actual loan terms depend on your state of residence and your ability to meet our credit standards (including a responsible credit history, sufficient income after monthly expenses, and availability of collateral). APRs are generally higher on loans not secured by a vehicle. Highly-qualified applicants may be offered higher loan amounts and/or lower APRs than those shown above. OneMain charges origination fees where allowed by law. Depending on the state where you open your loan, the origination fee may be either a flat amount or a percentage of your loan amount. Flat fee amounts vary by state, ranging from $25 to $500. Percentage-based fees vary by state ranging from 1% to 10% of your loan amount subject to certain state limits on the fee amount. Visit omf.com/loanfees for more information. Loan proceeds cannot be used for postsecondary educational expenses as defined by the CFPB’s Regulation Z such as college, university or vocational expense; for any business or commercial purpose; to purchase cryptocurrency assets, securities, derivatives or other speculative investments; or for gambling or illegal purposes.

Borrowers in these states are subject to these minimum loan sizes: Alabama: $2,100. California: $3,000. Georgia: Unless you are a present customer, $3,100 minimum loan amount. North Dakota: $2,000. Ohio: $2,000. Virginia: $2,600.

Borrowers (other than present customers) in these states are subject to these maximum unsecured loan sizes: North Carolina: $7,500. An unsecured loan is a loan which does not require you to provide collateral (such as a motor vehicle) to the lender.

Example Loan: A $6,000 loan with a 24.99% APR that is repayable in 60 monthly installments would have monthly payments of $176.07.

Time to Fund Loans: Funding within one hour after closing through SpeedFunds must be disbursed to a bank-issued debit card. Disbursement by check or ACH may take up to 1-2 business days after loan closing.

Alternative for employees

EarnIn

4.7
★★★★★

Finder score

Go to site Read review
Loan amountUp to $750
Turnaround time1 to 3 business days or instant for a fee
CostsFree to use or instant with a fee as low as $3.99.
  • Not available in: Connecticut

Alternative for building a portfolio

Albert

4.4
★★★★★

Finder score

Go to site Read review
Loan amount$25 - $250
Turnaround timeInstant
Costs$16.99 monthly subscription to access overdraft protection
  • Available in all states

Alternative for comparing loans

Credible personal loans

4.3
★★★★★

Finder score

Go to site Read review
Min. credit scoreFair to excellent credit
APR6.99% to 35.99%
Loan amount$1,000 to $200,000
  • Available in all states

Alternative for higher amounts

MoneyLion Instacash advances

4.5
★★★★★

Finder score

Go to site Read review
Loan amount$50 - $500
Turnaround timeUp to 5 days or instant for a fee of $0.49 to $8.99
Costs$19.99 monthly fee if you have a Plus membership
  • Available in: Alabama, Arizona, California, Delaware, Florida, Georgia, Idaho, Illinois, Kansas, Louisiana, Maryland, Michigan, Missouri, New Mexico, North Dakota, Oklahoma, South Carolina, South Dakota, Texas, Utah, Washington, Wisconsin, Wyoming

Alternative for building credit

Possible Finance Mobile Installment Loans

Read review
Loan amount$50 - $500
Turnaround timeAs fast as 1 business day
  • Available in: Alabama, California, Delaware, Florida, Idaho, Indiana, Iowa, Kansas, Kentucky, Louisiana, Michigan, Mississippi, Missouri, Ohio, Oklahoma, Rhode Island, South Carolina, Tennessee, Texas, Utah, Washington

How does Lendly compare?

Lendly stands out for its automated lending process that interfaces with your employer’s payroll system, making it easy to get approved. It also has good customer reviews on Trustpilot from thousands of customers, who mention that it’s easy to make repayments because they come directly out of your paycheck.

But like other payday lenders, APRs can run high with Lendly, and the company doesn’t disclose APR ranges on its website. And because repayments are fully automated, you can’t change your payment date if your bank balance is low. If you need to borrow less than Lendy’s $1,000 minimum amount, you may find a zero-interest cash advance app cheaper to use.

Pros

  • No penalty for early repayments
  • Good customer reviews
  • Loan limits higher than most cash advance apps

Cons

  • Lack of transparency around costs
  • APRs can run high
  • Repayments are inflexible

Alternatives to cash advances and installment loans

If you’d rather skip installment loans and cash advance apps altogether, here are a few alternatives to consider.

  • Get a credit card advance. Credit card cash advances are a quick and convenient way to borrow, and they don’t require a link to your bank account or proof of direct deposits to qualify like cash apps. Compare the best credit cards of 2023 for a range of benefits.
  • Take out a personal loan. If you’re willing to borrow at least $1,000, a personal loan may offer better rates and terms than a payday lender like Lendly. Compare personal loans for a range of credit scores, including bad credit.
  • Ask for a paycheck advance from your employer. Some employers offer paycheck advances or short-term loans. This lets you access a portion of your earned wages before the regular payday without having to install an app.
  • Consider a loan from a CDFI. You may be able to get a small-dollar, short-term loan at a lower cost than from a payday lender by going through a Community Development Financial Institution (CDFI). These are typically local banks or credit unions that serve low-income or rural areas.
  • Use a buy now, pay later (BNPL) app. While not a cash advance, BNPL apps let you purchase items you need now and pay them off later. Choose from the best BNPL apps for cash-free purchases today.
  • Get a payday loan — as a last resort. If you’ve exhausted other options, payday lenders can get you cash as soon as the same day. But beware — a typical $375 payday loan comes with $520 in fees, and borrowers can stay in debt for as long as 11 months. Consider OppLoans or Possible Finance for lower rates.

Compare local resources and more payday loan alternatives to explore other alternative funding options.

Megan B. Shepherd's headshot
To make sure you get accurate and helpful information, this guide has been edited by Megan B. Shepherd as part of our fact-checking process.
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Written by

Writer

Kat Aoki was a personal finance writer at Finder, specializing in consumer and business lending. She’s written thousands of articles to help consumers make better decisions on their home loans, bank accounts, credit cards, cryptocurrency and more. Kat is well versed in working with leading brands in the real estate, mortgage and personal finance industries, and her expertise has been featured on Forbes Advisor, Lifewire and financial comparison sites like iSelect and realestate.com.au. She holds a BS in business administration from California State University, Sacramento and enjoys hiking and yoga in her spare time. See full bio

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Kat has written 185 Finder guides across topics including:
  • Mortgages
  • Home equity loans
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