According to a report by CNBC, 78% of US workers live paycheck to paycheck. This stat might shock you as the United States has one of the strongest economies on the planet. Yet, an average worker has to borrow money from his/her friends or a family member as the monthly paycheck does not prove to be sufficient. A Payday Loan is a lot better than borrowing money from other people or, worse, take a personal loan from a bank.

payday loan

Here are the 5 best Payday Loan apps for Android & iOS 2019

1. PayActiv

PayActiv is a perfect solution for someone who needs regular financial aid in between paychecks. It is not easy to manage your household expenses, monthly mortgage payments, etc. with a monthly paycheck. At least not always. There will be a time when you will need your earned paychecks a few weeks earlier. This is what PayActiv is all about. It gives you access to your salary well before the payday. The biggest benefit of PayActiv is you get to avoid overdraft and late fees charged by your bank.

2. CashNetUSA

With faster transactions, a hassle-free application process and excellent customer service, CashNetUSA has become leading payday loan apps. It offers several loan services. As far as the payday loan with CashNetUSA is concerned, you can borrow cash up to $500. To apply today, all you have to do is go to their website, select your state from the dropdown list displayed on the homepage. It will show you the amount you can borrow. Bear in mind, not all states are eligible for a payday loan.

3. MoneyLion

MoneyLion is a personal loan company that provides a payday loan of up to $500. Its payday loan app is available for both Android and iOS devices. I like how well-designed and interactive the app is. You also get to earn reward points by viewing certain text-based ads on the same app. To monitor your credit, MoneyLion has enabled the dashboard with graphs and charts. Lastly, while taking a payday loan, some people might be worried about it affecting their credit score, to make sure it doesn’t, use the simulator, beforehand.

4. Brigit

Like PayActiv, Brigit too gives you your salary in advance. You can instantly get a payday loan up to $250 by getting approved. Approval usually takes less than 20 seconds. The approval rate of Brigit is nearly 100 percent. Someone with a medium to decent credit score can get their payday loan approved without any issues. This is not the case with other payday apps like PayActive. The only caveat is, you have to pay a $9.99 monthly membership fee.

5. Speedy Cash

As the name suggests, this payday loan company provides fast cash without any delays. Depending on your state, you can get a payday loan up to $1500. This is the highest amount compared to other payday loan companies in the United States. The company lives up to its promise “Pay Back on Your Next Payday”. There are three ways you can apply: online, on the phone or by visiting a store.


A payday loan company lends you your money before you receive your paycheck. In return, they charge you a minimal fee (5-10 percent). This might seem a lot initially but think about how much better it is than being charged by an overdraft or a late fee by your bank.