Cash advance apps and payday and installment loans are often the best sources for quick cash for those with bad credit. The good news is, cash apps and payday lenders don’t care about your credit score – but they do verify your income.
We reviewed 16+ cash apps and 130+ payday and installment loan lenders to find the best options for $100 loans. With these lenders, you can apply on mobile, online or at a store and get $100 as soon as the same day.
| Loan provider | Requirements | Fees | Turnaround | |
|---|---|---|---|---|
| Smart Advances | Have a regular income, 18+ years old, be a U.S. citizen with a valid SSN, have an open bank account, meet any additional requirements your lender may have | Varies by lender | As soon as one business day after loan closing | |
| Chime | Single qualifying $200 direct deposit into Chime checking account in the last 34 days. | N/A | Same day | |
| Brigit cash app | At least three recurring deposits from the same deposit source, active bank account at least 60 days old, two weeks of activity, balance over $0 |
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| MoneyLion | MoneyLion Member, active bank account open for at least two months, regular deposits |
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| Albert | Checking account 2+ months old receiving direct deposit, 2+ months working for the same employer, positive account balance, most recent paycheck was on-time, funds still available in bank account 24 hours after most recent payday. | $14.99 per month optional paid membership | 2–3 business days or instant for a fee | |
| Dave cash app | At least two direct deposit paychecks to your bank account from your employer, extra money in your bank account |
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| Vola | Bank account at least 3 months old, average balance over $150, income and deposit activity, activity most days of the week |
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| Earnin | Active bank account, verified source of income, over 50% of direct deposits, a regular pay schedule, a fixed work location, a digital or paper timesheet |
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| Cleo | Not stated | $5.99 | 3 to 4 days standard transfer. Same day with $3.99 express fee. |
These payday loan lenders offer $100 payday loans online and in-store. As long as you show regular income, you can likely get a loan – usually within 24 hours online or same day at a store.
| Loan provider | Requirements | Fees | Turnaround | |
|---|---|---|---|---|
| Possible Finance | Checking account with 3+ months of banking history, $750+ monthly income, live in eligible state, ages 18+ | No membership fee | As fast as 1 business day | |
| LendYou | $1,000+ monthly income, direct deposit, US citizen or permanent resident, ages 18+ | N/A | 1 business day | |
| ACE Cash Express | Permanent resident in your state, bank account open for at least one month, proof of regular income, Social Security number, 18 years of age | $25.38 fee for a $100 loan |
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| Advance America | Government issued ID, source of income, checking account Social Security Number or ITIN (in store only), 18 years of age, personal check required in some states | $15 fee for a $100 loan |
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| Check ‘n Go (online loans only, no in store loans) | Permanent resident, active checking account, a regular source of income, 18 years of age | Varies, but most payday loans cost $15 to $30 for a $100 loan |
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| Check Into Cash | Government-issued photo ID, active bank account, proof of income, most recent bank statement, checking account and bank routing number, Social Security Number or ITIN (for Indiana residents only) | Varies by state, but typically around $17.65 for a $100 loan |
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| Cash Central | Source of income, active checking account, two current (and valid) telephone numbers, Social Security number, 18 years of age | Varies by state, but around $15 to $30 for a $100 loan |
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| Cash apps | Payday loans | |
|---|---|---|
| Cost | Cheaper than payday loans ($0 to $10 monthly fee, plus optional instant transfer fees of $2 to $8) | More expensive than cash apps ($15 to $30 for every $100 borrowed) |
| Funding times |
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| Eligibility | Requires verification of direct deposits, bank account activity and possibly work timesheets | Requires verification of income |
| Repayment terms | On your next payday | Typically two to four weeks |
Cash apps and payday loans typically charge fees – not interest rates – which determine the actual interest rate, or APR, you’re paying. Here are some examples of typical APRs on payday loans and cash app advances.
With fees between $15 and $30, APRs can reach over 1,000% on a $100 payday loan, depending on how fast you have to pay it back.
| Example 1 | Example 2 | Example 3 | Example 4 |
|---|---|---|---|
| Loan amount: $100 Loan fee: $15 Repayment term: 7 days APR: 782.14% | Loan amount: $100 Loan fee: $30 Repayment term: 7 days APR: 1564.28% | Loan amount: $100 Loan fee: $15 Repayment term: 31 days APR: 176.61% | Loan amount: $100 Loan fee: $30 Repayment term: 31 days APR: 353.22% |
Cash apps tend to be much cheaper than payday loans in terms of APRs. Depending on the app, how long you’re willing to wait for funds, and repayment terms, APRs can be as low as 12%.
| Example 1 | Example 2 | Example 3 | Example 4 |
|---|---|---|---|
| Loan amount: $100 Monthly fee: $1 Repayment term: 7 days APR: 52.14% | Loan amount: $100 Monthly fee: $1 Instant transfer fee (optional): $6.99 Repayment term: 7 days APR: 416.62% | Loan amount: $100 Monthly fee: $1 Repayment term: 31 days APR: 11.77% | Loan amount: $100 Monthly fee: $1 Instant transfer fee (optional): $6.99 Repayment term: 31 days APR: 94.07% |
Cash apps and payday lenders don’t look at your credit score and don’t care about your credit history. Rather, they require proof of employment and/or regular income.
Eligibility requirements:
To increase your chances of approval for a $100 payday loan, you need to:
Payday lenders often engage in predatory lending practices, charging sky high interest rates on payday and installment loans. This can lead to a cycle of debt that’s hard to break.
Here’s what to watch out for:
Payday loans and cash apps aren’t the only way to access cash for short-term needs.
Here are more alternatives:
If you’d rather avoid taking on more debt with these options, see our list of 11 alternatives to payday loans.
Explore other no-credit-check loans like Lendly that may be cheaper and faster to fund.
These lenders offer similar loan amounts to Fig Loans and may be a compatible alternative.
Elastic offers variable-rate credit lines up to $4,500 — but fees run high. Here are 7 alternatives that may be cheaper to use.
What to know before applying for an Uprova loan and 7 alternatives.
Find a lender with a wider service footprint that offers instant cash.
These providers offer similar loans to Advance America for quick cash.
OppLoans features installment loans with varying repayment terms. Find other providers like them.
Spotloan provides next day funding for installment loans when you need money fast. Find other providers with similar services.
Payday and installment loans with lower rates or a wider range of amounts with options for states CashNetUSA doesn’t serve.
Here’s how to get a small $500 loan for cash until payday.
Can I get a loan deposit into my bank account FAST? I need about $300
Hi Hannah,
Thanks for your inquiry. To know if you could get a payday loan, start with filling out your state in the form provided above. Once done, it will show the providers available in your state so you can get started choosing and comparing which lender to go for. Once your application is processed and approved, funds are usually deposited into your bank account on the next business day. Some lenders inform you of their decision in minutes, while others can take up to two business days. Expect to hear from the lender about their decision whether or not they approve your loan application.
As a friendly reminder, review the eligibility criteria of the loan before applying to increase your chances of approval. Read up on the terms and conditions and product disclosure statement and contact the bank should you need any clarifications about the policy.
Hope this helps!
Best,
Nikki