Cash advance apps offer access to fast cash between paychecks without interest. But, if you need more than a couple hundred dollars, your options are few and far between unless you want to take out an expensive payday loan. But a few cash advance providers — or the equivalent — offer loans or advances up to $1,000.
Can I get a $1,000 cash advance?
Cash advance providers that offer larger advances are relatively rare, but if you meet the necessary qualifications, you could gain fast access to $1,000. Check out these providers to see if one works for your situation.
Sorbet is a little different from other cash advance or earned wages apps. It offers cash advances based on accrued paid time off (PTO) up to $3,000. But your employer must partner with Sorbet, and you'll need to meet specific requirements. Plus, it charges interest on PTO advances, although you have much longer to pay it back.
Available in all states
Pros
Advances up to $3,000
Up to 24 months to repay
Cons
Charges interest
Employer must be a Sorbet partner
Strict requirements to qualify
Loan amount
Based partially on the amount of your accrued & unused PTO
Loan Term
24 months or upon employment termination, whichever is sooner
Turnaround time
Up to 5 business days for approval and 5 business days for funding, or faster for a fee
Loan amount
$300 - $3,000
Turnaround time
Up to 5 business days for approval and 5 business days for funding, or faster for a fee
Beem offers advances anywhere from $5 to $1,000 based on your verified deposits. There are no interest charges, credit checks or income restrictions. It even accepts those with irregular income, such as freelancers or gig workers. But you must pay a monthly subscription fee of $12.97 to qualify for $1,000 advances.
For only $1 to $5 a month, Moneylion users can open a RoarMoney account to access up to $1,000 in Instacash advances. These advances don't charge interest or late fees, but you'll need eligible direct deposits to qualify and not everyone can qualify for the full $1,000 advance.
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
Pros
1,000 advances
No interest or late fees
RoarMoney account includes many other banking features
Cons
Requires eligible direct deposits
Charges instant transfer fees
Requires small monthly fee
Loan amount
Up to $500 or $1,000 with RoarMoney account
Loan Term
Due by your next pay date
Turnaround time
Up to 5 days or instant for a fee of $0.49 to $8.99
Loan amount
$50 - $500
Turnaround time
Up to 5 days or instant for a fee of $0.49 to $8.99
Branch is an employer-sponsored app that offers workers early access to their paychecks, up to $1,000. It's not exactly a cash advance app, but it serves a similar function and you won't have to pay interest on the “ loan.” Plus, there are no membership fees like similar apps, but you must work for an employer that partners with Branch.
Available in all states
Pros
Access to up to 50% of your paycheck, up to $1,000
No interest
No monthly fees
Cons
Employer must be a Branch partner
Need to take home at least $2,000 to get a $1,000 advance
DailyPay is one of the few employer-sponsored apps that allows access to up to 100% of your paycheck and up to $1,000 a day. And there is no monthly fee to use this feature. But, like Branch, your employer must partner with DailyPay.
Available in all states
Pros
Access to up to 50% of your paycheck, up to $1,000
No interest
No monthly fees
Cons
Must be sponsored by your employer
Charges for instant transfers
Loan amount
Up to 100% of earned wages, $1,000 daily limit
Loan Term
Not stated
Turnaround time
Next business day or instant with a DailyPay card or for a fee
Loan amount
Up to 100% of earned wages, $1,000 daily limit
Turnaround time
Next business day or instant with a DailyPay card or for a fee
Alternatives to cash advances
Since some or all of the $1,000 cash advance providers may not work for you, consider these alternative lending options that can put $1,000 in your pocket. Keep in mind that these types of loans charge interest or fees and may require a credit check, but they typically offer fast funding.
One of the biggest advantages of cash advances versus other types of short-term funding is that providers don’t charge interest. Funding times can be as fast as a few minutes — typically for a small fee. But the advances are typically very small, and the loan terms are short, usually due on your next payday. Plus, you may not qualify if you aren’t paid by direct deposit.
Short-term loans, on the other hand, usually give you longer to repay the loan, and you may qualify for higher loan amounts. But these types of loans generally include interest on the loan, and — in most cases — you’ll be subject to a hard credit check, which can hurt your credit score even if you aren’t approved.
Eligibility requirements for a cash advance
Cash advance providers may have different requirements to qualify, but here are some basic criteria you’ll need to meet.
Be at least 18 and a US resident
Have an active checking account (usually needs to be open at least 60 days)
Have a history of regular banking activity
Have a steady source of income
You may also need to get paid by direct deposit, and most cash advance providers have minimum income or deposit requirements that vary by lender.
What to watch out for
Whether you’re looking to get a $1,000 cash advance or a short-term loan, there are a few things to consider during your search.
Fees. Many cash advance providers charge monthly subscription fees or fees for instant transfers — or both. But, there are a few cash advance apps that are mostly free. Short-term lenders may also charge fees on top of interest that can add to the loan’s cost.
Reviews. Read reviews on the Better Business Bureau, Trustpilot or the app stores — or Finder! — to see if the provider you’re considering is legit and what real users say about their experiences.
“Guaranteed” loans. Any lender that guarantees loan approval before looking at your application should raise a red flag.
Your location. Not all lenders operate in every state.
Frequently asked questions
Can I get a $1,000 cash advance with bad credit?
Yes. In most cases, cash advance providers are not concerned with your credit score. Cash advances are not loans — they’re simply advances on your next paycheck or deposit. The funds are typically deducted automatically from your linked bank account as soon as you get paid.
Can I get a $1,000 cash advance with no credit check?
A payday loan may be your only option in an emergency, but it’s best to consider these loans only as a last resort. They typically have extremely high APRs — into the triple digits — and very short loan terms. Those issues combined mean many borrowers find themselves stuck in a cycle of debt that can be difficult to break.
Lacey Stark is a freelance personal finance writer for Finder, specializing
in banking, loans, investing, estate planning, and more. She has 20
years of experience writing and editing for magazines, newspapers, and
online publications. A word nerd from childhood, Lacey officially got her
start reporting on live sporting events and moved on to cover topics
such as construction, technology, and travel before finding her niche in
personal finance. Originally from New England, she received her
bachelor’s degree from the University of Denver and completed a
postgraduate journalism program at Metropolitan State University also
in Denver. She currently lives in Chicagoland with her dog Chunk and
likes to read and play golf. See full bio
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