Dave: Digital lending app with 0 Interest Rate in USA for 2022
Many digital lending apps give you loans very fast. Cash apps approve loans very quickly and easily. Nowadays most of them even won’t check your credit score and comes with 0 interest.
However there may be limitations to the digital loans on offer. First of all, you can’t expect a lot of money. Most of them offer about $100 to $500 and in most cases, you have to pay the money back in a month. In some cases they may have monthly membership fees, typically between $1 to $5.
Although they promote their business as a type of no credit check loan, they may be interested to see your latest financial transactions and your workplace to evaluate your ability to repay them the amount on time.
See the following list of our top quick loan apps that we feature if you are a resident of United States of America (USA).
Dave is a quick loan banking app on a mission to create financial opportunity that advances America’s collective potential. With them, you get paid up to two days early, build your credit history, and get up to $200 advances without paying a fee. 10 million members and counting.
It’s easy to sign up and start balancing your budget. You can even get an instant $100 advance (1) to cover daily expenses, search for local side hustles, and access our easy-to-use automatic budgeting tool right from the app.
With Direct Deposit, Dave is twice as nice. If you set up your Direct Deposit with Dave, you can get paid up to two days early (2), take out a $200 advance (1), and build your credit (3) in the process. All without having to worry about overdraft fees.
Fun fact → Dave has saved its customers nearly $200 million in overdraft fees. Not bad, right?
FEATURES OF DAVE QUICK LOAN APP
Get a small advance on your next paycheck and then pay Dave back when it arrives. No interest. No credit check.
Dave partners with LevelCredit to let you report rent payments to major credit bureaus, giving you a credit-building opportunity. A $100 per year service that’s free for Dave Banking members.
Every account is protected by banking-level security and FDIC-insured up to $250,000
Need help with your account? Dave has fully-trained professionals standing by to help you out.
With Dave Banking, there are no overdraft fees, no minimum balance fees and no ATM-fees from 32,000 MoneyPass ATMs.
Always know how much you can spend while still covering all your bills with Dave’s automatic budgeting feature.
Put a little more money in your pocket by finding a side job that fits your schedule with Dave’s Side Hustle feature.
HOW TO APPLY FOR DAVE QUICK LOAN
Download DAVE APP ON GOOGLE PLAY STORE BY CLICKING HERE.
Download DAVE APP ON APP STORE BY CLICKING HERE.
15 October 2021
I absolutely LOVE Dave, I can’t get a normal bank account so I was worried about being stuck with a poor quality institution. Dave is the ONLY app that I have ever really felt was built with the consumer in mind every step of the way.
The process to sign up and get approved for an advance was so simple and painless with an exceptional interface. I needed an advance before my card arrived and was able to receive $75 immediately after completing basic requirements. 5/5. 10/10 100/100 GET THIS APP
15 October 2021
Ive been using this app for a couple years. It has not let me down yet and i dont think its going to. Its easy to get the advance as well as pay it back. Really easy to.navigate and the new goals section is a great way for me to save without thinking about it. I like this app and will continue to use it as long as they are around. Thanks Dave!!!! 💰💵
15 October 2021
Dave is the type of app to email you offering you a $200 advance, but will only lend you $75. Dave used to be a good service, but they’ve been going down hill fast. I wouldn’t mind it if they didn’t have the tendency to blame their customers for Dave’s shortcomings. They even had the audacity to request $11 tips, on top of a monthly payment, on top of the transfer fee of $5…. MoneyLion loans interest free. Started off at a $250 line of credit, a year later my LOC is $750. Why use Dave at all?
15 October 2021
Fantastic experience for me. Easy to use, and money came quick. However, the manual payback function is buried within the app, and it looks shady, like there’s some advantage to Dave for people not paying back early. Maybe I’m just paranoid, but still, not giving 5 stars b/c I’m still very leery of that app design choice. P.S. The help section on the website was superb, which is rare for any app or company I use regularly. Got right to my question with ZERO delay. Kudos there.