What to Know About Paycheck Advance Apps

There are so many people in the world that have a tough time handling how much life costs. Bills are an important life expense because they take care of the necessities like housing, healthcare, and more. 79 million Americans find it challenging to either handle their debt or healthcare bills. If you are someone that feels like you are having a tough time keeping up, you’re not alone. Luckily, there are plenty of solutions that are worth considering. Some options may not be the best like a payday loan. On the other hand, there are potentially promising options like a paycheck advance app. Many people don’t know what these apps are or how they can help. Fortunately, they can be easy to understand!

Paycheck Advance Applications (Apps): What Are They?

Paycheck advance apps offer people the chance to receive their paycheck at a sooner date than their actual payday. Sounds pretty neat, doesn’t it? If you are in desperate need of money, you might find it the perfect option for you. If you are interested in getting a paycheck advance app, then you should go to your phone’s app store and pick the app that could potentially get you out of a tight spot.

It’s important to make sure that you make a decision after thinking long and hard when it comes to paycheck advance applications. This is because these applications can have a bad effect on your finances in the long term. If you are not careful, then you might end up in a constant series of debts and repaying that debt. You should be responsible while you are making a decision on an app.

How Do These Paycheck Advance Apps Operate?

The whole point of these paycheck advance apps is to deposit money from your next paycheck for you to use. That means that you will not have your full paycheck on payday. If you want to avoid being exposed to any financial risk, then you should create a budget and adjust it according to the reduced paycheck on payday. Additionally, you should take into consideration the paycheck advance while creating your new budget. When you properly plan out your finances, you avoid any unwanted surprises!

These paycheck advance apps give you the opportunity to get an advance on your paycheck for the work you have already done. On the other hand, there is an important aspect that slips the mind of most people when it comes to paycheck advance apps. You need to remember that you are moving money from your future paycheck to your account before payday. This means that you will not get your full paycheck on payday. It might be hard for you to stay on top of your finances with this financial tool. It is up to you to be extremely careful with your spending and track the money that you are transferring from your paycheck each month you use it.

What are the Best Paycheck Advance Apps Out There?

There are different apps that you can find on the App Store that provide the option of getting an advance on your paycheck. Not every app will be the right fit for every person. You should consider using a paycheck advance app that provides more financial services other than paycheck advances. There are online financial tools that can help you out from these paycheck advance apps. This includes: 

  • Investing
  • Banking services
  • Cash-back shopping
  • More than what’s stated above

With these online financial tools, you can manage your financial situation better. This article will tell you about some of the best paycheck advance apps that offer paycheck advances and other financial tools! On our list, we are highlighting:

  • MoneyLion
  • Empower
  • Varo


One of the most suitable paycheck advance apps out there is MoneyLion. This app can make it easy for you to use your paycheck earlier. Also, other services from the app can help you with your finances. MoneyLion will help you take control of your finances and even improve it! Services like free fraud protection, tools on budgeting, cash-back rewards, and much more are available on the app. If you are finding it a challenge to control your finances, then you should consider using MoneyLion. Other than getting your paycheck early, you can figure out more about your financial situation and get other types of support.


With Empower, you can receive your paycheck advance without worrying about any interest. You also do not need to think about late fees or a credit check. Some benefits from an Empower card include:

  • Cashback up to 10%
  • Using ATMs for no cost
  • Flexibility


Varo is an online paycheck advance app that gives you the chance to access your paycheck at an earlier date. Varo offers the option to use a part of your paycheck faster than most paycheck advance apps. Furthermore, Varo transfers your paycheck to your Varo Account directly. This means that you have the chance of receiving your paycheck up to 2 days before other people that use different apps. When you use this app and have your own Varo account, you can use some benefits that come with Varo like:

  • Varo Debit Card
  • Transferring to Varo customers
  • Not as many fees
  • Automated tools to help save

Bottom Line

Ultimately, the choice is yours on whether or not you could benefit from a paycheck advance app. However, you for sure want to consider it! Thanks to apps like these, users have the opportunity to get their paycheck earlier than they planned. This can especially be helpful for those dealing with hard times. With that being said, it’s also important to be mindful that these apps must be handled responsibly. That’s because they could result in a constant series of debt if a user doesn’t properly track. Users have plenty of paycheck advance apps to think about. Besides the standard paycheck advance they also can offer other perks. If you want to take control of your finances, then the app you choose may need to have a variety of perks besides just the standard paycheck advance. The right fit will depend on what you need.

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